ZnO Nanoparticles Market is estimated to be US$ 0.9 billion by 2034; Increasing Use of Zinc Oxide in Various Applications to Fuel Industrial Growth

Published Date: February 2024

ZnO (Zinc oxide) is widely used as a bulking agent or filler and used in chemical industries as a catalyst and also used in paints as a corrosion inhibitor for mildew control. ZnO Nanoparticles are most commonly used in sunscreen as it absorbs UV light effectively and also being absorbed to destroy dangerous micro-organisms.

Increasing use of zinc oxide in various applications including rubber, electronic, medicine, glass, coating, printing & dyeing and surface treatment has become major contribution in target market growth. Further, rising need for eliminating micronutrient deficiency from soil to increase use of zinc oxide in agriculture sector has driven target market growth. Moreover, rising research and development activities in ZnO nanoparticles and its adoption in various applications is expected to fruitful the ZnO Nanoparticles market growth over the forecast period.

The report “ZnO Nanoparticles Market, By Type (Direct Method, Indirect Method, and MPP-Method), By Application (Rubber, Electronic, Medicine, Glass, Coating, Printing & dyeing, and Surface Treatment), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

 Key Highlights:

  • In July 2019, Vizor LLC., launched new next-generation sunscreen ingredients Super Zinc 1000 and Zinc Natural by using surface modification technology. New launched products deliver better performance compared with conventional ZnO ingredients and thus, provides higher SPF values with small amount of material.

Analyst View:

The key factor driving the growth of the ZnO Nanoparticles market is increasing demand for ZnO Nanoparticles due to its high use in rubber applications. Rising demand for rubber from various manufacturing industries especially, automotive industries for manufacturing tires has provided lucrative opportunities in target market growth. Rising advancement of ZnO Nanoparticles in biological application due to its low toxicity and excellent biocompatibility and emerging application in biomedicine for antibacterial and anticancer field is expected to boost the demand for ZnO Nanoparticles market growth in coming years. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on ZnO Nanoparticles Market, By Type (Direct Method, Indirect Method, and MPP-Method), By Application (Rubber, Electronic, Medicine, Glass, Coating, Printing & dyeing, and Surface Treatment), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

ZnO Nanoparticles Market was valued at US$ 0.5 Billion in 2024 and is projected to grow at a CAGR of 6.70% to reach US$ 0.9 Billion by 2034. The ZnO Nanoparticles Market is segmented based on Type, Application and Region.

  • Based on Type, ZnO Nanoparticles Market is segmented into Direct Method, Indirect Method, and MPP-Method.
  • Based on Application, ZnO Nanoparticles Market is segmented into Rubber, Electronic, Medicine, Glass, Coating, Printing & dyeing, and Surface Treatment.
  • By Region, the ZnO Nanoparticles Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of ZnO Nanoparticles Market:

The prominent players operating in the ZnO Nanoparticles Market includes, US Zinc Corp., Zochem, Inc., Umicore SA, ChemetChemicals Pvt. Ltd., Zinc Nacional SA, Zinc Oxide LLC, Silox UK Ltd., GH Chemicals Ltd., Rubamin Ltd., Grillo-Werke AG, Pan-Continental Chemical, Ltd., and others.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

  • Explains an overview of the product portfolio, including product development, planning, and positioning
  • Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
  • Detailed analysis of the market revenue over the forecasted period.
  • Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
  • Study on the segments that are anticipated to dominate the market.
  • Study on the regional analysis that is expected to register the highest growth over the forecast period

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