Market Overview:
The global high purity zinc oxide market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electronic semiconductors and food products, and the growing use of high purity zinc oxide in manufacturing and industrial applications. Based on type, the global high purity zinc oxide market can be segmented into 4N, 5N, and other grades. The 4N grade segment is expected to account for the largest share of the global high purity zinc oxide market in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. The growth in this segment can be attributed to its superior properties such as low reactivity with other elements and good electrical conductivity when compared with lower grades of zinc oxide powder. Based on application, the global high purity zinc oxide market can be divided into electronic semiconductor, food products, medicines & cosmetics, manufacturing & industrial applications (including coatings), and others (including research & development).
Product Definition:
A zinc oxide powder with a purity of 99.995% or higher. High-purity zinc oxide is used in the manufacture of semiconductors, optical coatings, and other high-tech applications.
4N:
4N, also known as tetra-nucleotide or TNA, is a type of nucleotide. It consists of four nitrogenous bases - cytosine (C), guanine (G), adenine (A) and thymine (T). 4N is widely used in High Purity Zinc Oxide market owing to its properties such as high thermal stability and binding affinity towards proteins.
5N:
5N is the fifth level of purification in a series of seven levels of purification. It is also known as 99.99% pure and has no impurities or contaminants at all. It's chemical composition makes it an ideal material for use in electronics, automotive, pharmaceuticals, and other industrial applications where high purity products are required.
Application Insights:
Electronic semiconductor application segment accounted for the largest share of over 30% in 2017. Electronic devices such as smartphones, laptops, and cameras are being manufactured using high purity zinc oxide from different manufacturers across the world. The growth of this application segment can be attributed to its rising demand from end-use industries including healthcare, electronics, and IT which are growing rapidly across developing countries worldwide.
The electronic semiconductor industry has developed significantly since past few decades owing to technological advancements coupled with increasing consumer needs for advanced products with enhanced features and functions at low costs. This factor is expected to drive product demand in electronic applications over the forecast period thereby contributing towards overall revenue growth during the study period.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for electronic products and healthcare products. China, India, Japan, South Korea and Taiwan are major consumers of high purity zinc oxide in this region due to presence of a large number of manufacturers coupled with growing end-use industries.
North America is projected to grow at a significant CAGR from 2018 to 2030 on account of rising product demand for use in electronics applications including semiconductors and LEDs. High purity zinc oxide finds application across several sectors such as food & beverages, pharmaceuticals as well as manufacturing sector owing its excellent electrical properties which makes it suitable for use across numerous industrial applications such as batteries among others).
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for zinc oxide as a dielectric and semiconductor material is expected to drive the growth of the global high purity zinc oxide market during the forecast period.
- Growing demand for UV-cured inks, coatings, adhesives, and sealants is also projected to fuel the growth of this market in the near future.
- Rising awareness about health hazards associated with exposure to harmful chemicals is anticipated to propel demand for high purity zinc oxide products over the next few years.
- Rapid industrialization in emerging economies such as China and India is expected to create lucrative opportunities for players operating in this market over the forecast period. 5) The increasing use of high purity zinc oxide products in medical applications is another key factor that will contribute towards its growth during 2016-2024
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Zinc Oxide Market Research Report
By Type
4N, 5N, Other
By Application
Electronic semiconductor, Food, Medicine, Manufacturing, Industrial
By Companies
ALB Materials, BOC Sciences, LTS Research Laboratories, Biosynth, MP Biomedicals, Changzhou Highassay Chemical, Finetech Industry Limited, IS Chemical Technology, Alfa Chemistry, Oakwood Products
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Zinc Oxide Market Report Segments:
The global High Purity Zinc Oxide market is segmented on the basis of:
Types
4N, 5N, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronic semiconductor, Food, Medicine, Manufacturing, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ALB Materials
- BOC Sciences
- LTS Research Laboratories
- Biosynth
- MP Biomedicals
- Changzhou Highassay Chemical
- Finetech Industry Limited
- IS Chemical Technology
- Alfa Chemistry
- Oakwood Products
Highlights of The High Purity Zinc Oxide Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 4N
- 5N
- Other
- By Application:
- Electronic semiconductor
- Food
- Medicine
- Manufacturing
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Zinc Oxide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High purity zinc oxide is a white, odorless powder that is used as an additive in paints and coatings. It helps to prevent corrosion and provides a protective layer against the elements.
Some of the major players in the high purity zinc oxide market are ALB Materials, BOC Sciences, LTS Research Laboratories, Biosynth, MP Biomedicals, Changzhou Highassay Chemical, Finetech Industry Limited, IS Chemical Technology, Alfa Chemistry, Oakwood Products.
The high purity zinc oxide market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Zinc Oxide Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Purity Zinc Oxide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Zinc Oxide Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Purity Zinc Oxide Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Purity Zinc Oxide Market Size & Forecast, 2020-2028
4.5.1 High Purity Zinc Oxide Market Size and Y-o-Y Growth
4.5.2 High Purity Zinc Oxide Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 4N
5.2.2 5N
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronic semiconductor
6.2.2 Food
6.2.3 Medicine
6.2.4 Manufacturing
6.2.5 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Zinc Oxide Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Zinc Oxide Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 4N
9.6.2 5N
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronic semiconductor
9.10.2 Food
9.10.3 Medicine
9.10.4 Manufacturing
9.10.5 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 4N
10.6.2 5N
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronic semiconductor
10.10.2 Food
10.10.3 Medicine
10.10.4 Manufacturing
10.10.5 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 4N
11.6.2 5N
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronic semiconductor
11.10.2 Food
11.10.3 Medicine
11.10.4 Manufacturing
11.10.5 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 4N
12.6.2 5N
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronic semiconductor
12.10.2 Food
12.10.3 Medicine
12.10.4 Manufacturing
12.10.5 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 4N
13.6.2 5N
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronic semiconductor
13.10.2 Food
13.10.3 Medicine
13.10.4 Manufacturing
13.10.5 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Zinc Oxide Market: Competitive Dashboard
14.2 Global High Purity Zinc Oxide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ALB Materials
14.3.2 BOC Sciences
14.3.3 LTS Research Laboratories
14.3.4 Biosynth
14.3.5 MP Biomedicals
14.3.6 Changzhou Highassay Chemical
14.3.7 Finetech Industry Limited
14.3.8 IS Chemical Technology
14.3.9 Alfa Chemistry
14.3.10 Oakwood Products
