Description
Zinc oxide is an inorganic compound
which is insoluble in water. Zinc oxide is widely used as an additive for
pigments, glass, ceramics, plastic, paints, lubricants, adhesives &
sealants, foods, etc. Zinc oxide pigments usually appear in two forms including
powder and dust. Zinc oxide pigments have large number of applications in host
of industries such as paint, pharmaceutical, electronic, agricultural, rubber
industry, brick kilns, ceramic and glass compositions, chemical and
metallurgical industries. Rubber industry has been one of the predominant end
user industries for zinc oxide pigment, wherein it provides increased ability
to absorb heat generated due to friction which enhances performance of tire.
Zinc oxide pigments also help decrease melt temperature of glaze thereby
reducing energy requirements. In addition, zinc oxide pigments are also used
chiefly in pharmaceutical industries to impart color and disease-specific properties
to pharmaceutical products.
To
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The global zinc oxide pigment market
is expected to be driven by rapid growth in end user industries including dyes
and paints. China is the largest manufacture of zinc oxide pigments globally.
Zinc oxide pigment is growing in popularity among end users pertaining to
electronics industry due to its chemical and physical properties. Zinc oxide
pigments demand has been dominated by Asia Pacific followed by North America
and Europe. Strong demand from electronics industry is also expected to be
major growth engine for zinc oxide pigments market in the years to come.
Some of the market players in this
industry are BASF SE, Hindustan Zinc Ltd., Hakusui Tech Company Ltd, Industrias
Penoles, New Boliden AB, Korea Zinc Company Ltd, Teck Cominco Ltd.,
Pan-Continental Chemical Co. Ltd., Zinifex Ltd., and Xstrata Plc. among others.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
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