Dec 13, 2022   SOURCE: BusinessWire

Insights on the Nano Zinc Oxide Global Market to 2027 - by Type, Application and Region - ResearchAndMarkets.com

The "Nano Zinc Oxide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global nano zinc oxide market reached a value of US$ 826.33 Million in 2021. Looking forward, the publisher expects the market to reach a value of US$ 1,915.34 Million by 2027, exhibiting a CAGR of 15.04% during 2021-2027.

Companies Mentioned

  • American Elements
  • BASF SE
  • Guangzhou Hongwu Material Technology Co. Ltd.
  • Inframat Advanced Materials LLC (Inframat Corporation)
  • Merck KgaA
  • Micronisers Pty Ltd
  • Nanophase Technologies Corporation
  • Pan-Continental Chemical Co.Ltd.
  • Sakai Chemical Industry Co. Ltd
  • Shandong Xingya New Material Co. Ltd.
  • SkySpring Nanomaterials Inc.
  • Tata Chemicals Limited (Tata Group)
  • Tianxiongjian New Material Co. Ltd.

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Zinc oxide (ZnO) is an insoluble, white powder formed by oxidizing naturally occurring zinc metal. Commonly available in uncoated and coated variants, the nano zinc oxide particles usually measure less than 100 nanometers. They are widely used in cigarette filters, food additives, glass and rubber (tire) manufacturing, ceramics, coating agents, concrete, lubricants, plastics, sealants, pigments, ointments, adhesives, and paints.

Nano zinc oxide exhibits anti-corrosive, antimicrobial, and electrical, optical, and ultraviolet (UV) filtering properties. They are also extensively applied as an essential ingredient, bulking agent, and a colorant in various over-the-counter (OTC) products, such as sunscreens and ointments, to relieve pain and itching, prevent sunburn, and reduce premature aging of the skin.

The significant growth in the cosmetics and personal care industry across the globe is creating a positive outlook for the market. Nano zinc oxide is widely used to prepare various skin lotions and creams as it is a safe and effective ingredient with strong sun protection properties.

In line with this, the widespread product adoption in personal care products, such as shampoos, deodorants, sunscreens, soaps, toothpaste, and hair conditioners, is favoring the market growth. Apart from this, the introduction of green synthesized nano zinc oxide, which is widely adopted due to the increasing concerns regarding pollution as it exhibits low toxicity and biodegradability, is providing an impetus to the market growth.

Additionally, the growing incorporation of nano zinc oxide in chemotherapeutic drugs, cell imaging, gene transport, and biosensing across the medical sector is positively impacting the market growth. Other factors, including the employment of non-toxic production techniques to manufacture nano zinc oxide particles and the rising product need in the rubber industry, are anticipated to drive the market toward growth.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global nano zinc oxide market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type and application.

Breakup by Type:

  • Uncoated Nano Zinc Oxide
  • Coated Nano Zinc Oxide

Breakup by Application:

  • Personal Care and Cosmetics
  • Paints and Coatings
  • Others

Breakup by Region:

North America

  • United States
  • Canada

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others

Europe

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others

Latin America

  • Brazil
  • Mexico
  • Others

Middle East and Africa

Key Questions Answered in This Report:

  • How has the global nano zinc oxide market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global nano zinc oxide market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global nano zinc oxide market and who are the key players?
  • What is the degree of competition in the industry?

For more information about this report visit https://www.researchandmarkets.com/r/vn5w5t