Market Overview:
The global wurtzite 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 wurtzite zinc oxide from various applications, such as chemical, industrial, cosmetics, foods and others. In terms of type, the pharmaceutical grade segment is expected to hold a major share of the global market during the forecast period. This can be attributed to its growing use in various applications such as pharmaceuticals and personal care products.
Product Definition:
Wurtzite zinc oxide is a compound that is used in various applications, including as a semiconductor and optical material. It has a number of advantages over other materials, including high transparency across the visible spectrum, good electrical conductivity, and resistance to corrosion. These factors make it an ideal choice for use in solar cells, displays, and other optoelectronic devices.
Pharmaceutical Grade:
Pharmaceutical grade is a term used for the highest quality of pharmaceutical-grade wurtzite zinc oxide. It is a fine white powder, which has no colorant added and has been processed under controlled conditions to ensure its purity. Pharmaceutical grade wurtzite zinc oxide contains 80% of the purest form of ZnO along with 20% iron (III) oxide as an impurity.
Industrial Grade:
Industrial grade is a type of wurtzite zinc oxide which has high purity and standard. It is used in various applications such as paints, coatings, printing inks, plastics & polymers and adhesives. Industrial grade zinc oxide has higher content of zinc than the technical grades which makes it more suitable for industrial applications.
Application Insights:
The chemical segment led the global market and accounted for more than 54.0% share of the total revenue in 2017. The growing demand for chemicals, such as zinc oxideate, dimethylzinc, and diethylzinc from various chemical industries including pharmaceuticals is expected to drive the product demand over the forecast period.
The increasing use of cosmetics as a protective agent against skin aging is projected to boost product consumption over the next eight years. The rising consumer preference towards natural skincare ingredients that are free from harmful chemicals is likely to fuel industry expansion during this period at a significant rate.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 7.8% over the forecast period, owing to increasing product demand for use in chemical and pharmaceutical applications as well as food preservation. In North America, zinc oxide products are widely used in water treatment due to its ability to reduce contaminants and remove impurities from water such as arsenic, fluoride, copper, mercury among others.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand from the optoelectronics and semiconductor industries for Wurtzite Zinc Oxide as a material for LED and solar cells.
- Growing demand from the medical industry for Wurtzite Zinc Oxide as a component in bandages, wound dressings, and other medical applications.
- Increasing use of Wurtzite Zinc Oxide in paints, coatings, and other industrial applications due to its superior properties such as UV protection, corrosion resistance, etc.
- Rising awareness about the benefits of using Wurtzite Zinc Oxide among consumers which is likely to boost its demand in the near future.
- Technological advancements that are taking place in the production of Wurtzite Zinc Oxide which is likely to result in lower prices and wider adoption over time
Scope Of The Report
Report Attributes
Report Details
Report Title
Wurtzite Zinc Oxide Market Research Report
By Type
Pharmaceutical Grade, Industrial Grade
By Application
Chemical, Industrial, Cosmetics, Foods, Others
By Companies
U.S. Zinc, PAN-CONTINENTAL CHEMICAL, Zochem, Rubamin, GH Chemicals, Parchem, Chemet, Grillo, Silox, U.S. Zinc
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Wurtzite Zinc Oxide Market Report Segments:
The global Wurtzite Zinc Oxide market is segmented on the basis of:
Types
Pharmaceutical Grade, Industrial Grade
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
Chemical, Industrial, Cosmetics, Foods, Others
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:
- U.S. Zinc
- PAN-CONTINENTAL CHEMICAL
- Zochem
- Rubamin
- GH Chemicals
- Parchem
- Chemet
- Grillo
- Silox
- U.S. Zinc
Highlights of The Wurtzite 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:
- Pharmaceutical Grade
- Industrial Grade
- By Application:
- Chemical
- Industrial
- Cosmetics
- Foods
- Others
- 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 Wurtzite 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?
Wurtzite zinc oxide is a type of white, crystalline mineral that is composed of zinc and oxygen atoms in the same crystal structure. It has a Mohs hardness of 6.5 to 7 and a specific gravity of 2.8 to 3.0 grams per cubic centimeter.
Some of the major companies in the wurtzite zinc oxide market are U.S. Zinc, PAN-CONTINENTAL CHEMICAL, Zochem, Rubamin, GH Chemicals, Parchem, Chemet, Grillo, Silox, U.S. Zinc.
The wurtzite 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 Wurtzite 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 Wurtzite Zinc Oxide Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Wurtzite 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 Wurtzite 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 Wurtzite Zinc Oxide Market Size & Forecast, 2018-2028 4.5.1 Wurtzite Zinc Oxide Market Size and Y-o-Y Growth 4.5.2 Wurtzite Zinc Oxide Market Absolute $ Opportunity
Chapter 5 Global Wurtzite Zinc Oxide 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 Wurtzite Zinc Oxide Market Size Forecast by Type
5.2.1 Pharmaceutical Grade
5.2.2 Industrial Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wurtzite Zinc Oxide 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 Wurtzite Zinc Oxide Market Size Forecast by Applications
6.2.1 Chemical
6.2.2 Industrial
6.2.3 Cosmetics
6.2.4 Foods
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wurtzite 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 Wurtzite 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 Wurtzite Zinc Oxide Analysis and Forecast
9.1 Introduction
9.2 North America Wurtzite Zinc Oxide 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 Wurtzite Zinc Oxide Market Size Forecast by Type
9.6.1 Pharmaceutical Grade
9.6.2 Industrial Grade
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 Wurtzite Zinc Oxide Market Size Forecast by Applications
9.10.1 Chemical
9.10.2 Industrial
9.10.3 Cosmetics
9.10.4 Foods
9.10.5 Others
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 Wurtzite Zinc Oxide Analysis and Forecast
10.1 Introduction
10.2 Europe Wurtzite Zinc Oxide 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 Wurtzite Zinc Oxide Market Size Forecast by Type
10.6.1 Pharmaceutical Grade
10.6.2 Industrial Grade
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 Wurtzite Zinc Oxide Market Size Forecast by Applications
10.10.1 Chemical
10.10.2 Industrial
10.10.3 Cosmetics
10.10.4 Foods
10.10.5 Others
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 Wurtzite Zinc Oxide Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wurtzite Zinc Oxide 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 Wurtzite Zinc Oxide Market Size Forecast by Type
11.6.1 Pharmaceutical Grade
11.6.2 Industrial Grade
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 Wurtzite Zinc Oxide Market Size Forecast by Applications
11.10.1 Chemical
11.10.2 Industrial
11.10.3 Cosmetics
11.10.4 Foods
11.10.5 Others
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 Wurtzite Zinc Oxide Analysis and Forecast
12.1 Introduction
12.2 Latin America Wurtzite Zinc Oxide 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 Wurtzite Zinc Oxide Market Size Forecast by Type
12.6.1 Pharmaceutical Grade
12.6.2 Industrial Grade
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 Wurtzite Zinc Oxide Market Size Forecast by Applications
12.10.1 Chemical
12.10.2 Industrial
12.10.3 Cosmetics
12.10.4 Foods
12.10.5 Others
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) Wurtzite Zinc Oxide Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wurtzite Zinc Oxide 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) Wurtzite Zinc Oxide Market Size Forecast by Type
13.6.1 Pharmaceutical Grade
13.6.2 Industrial Grade
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) Wurtzite Zinc Oxide Market Size Forecast by Applications
13.10.1 Chemical
13.10.2 Industrial
13.10.3 Cosmetics
13.10.4 Foods
13.10.5 Others
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 Wurtzite Zinc Oxide Market: Competitive Dashboard
14.2 Global Wurtzite Zinc Oxide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 U.S. Zinc
14.3.2 PAN-CONTINENTAL CHEMICAL
14.3.3 Zochem
14.3.4 Rubamin
14.3.5 GH Chemicals
14.3.6 Parchem
14.3.7 Chemet
14.3.8 Grillo
14.3.9 Silox
14.3.10 U.S. Zinc