ZnO Nanoparticles Market is estimated to be US$ 802.9 Million by 2034; Increasing Use of Zinc Oxide in Various Applications to Fuel Industrial Growth

Published Date: November 2024

ZnO Nanoparticles Market was valued at US$ 425.3 Million in 2024 and is projected to grow at a CAGR of 7.2% to reach US$ 802.9 Million by 2034.

ZnO (Zinc oxide) is widely used as a bulking agent or filler 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 absorb UV light effectively and also being absorbed to destroy dangerous micro-organisms.

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

 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, provide higher SPF values with a small amount of material.

Analyst View:

The key factor driving the growth of the ZnO Nanoparticles market is the increasing demand for ZnO Nanoparticles due to their 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. The rising advancement of ZnO Nanoparticles in biological applications due to its low toxicity and excellent biocompatibility and emerging application in biomedicine for the antibacterial and anticancer fields 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 a 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”

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Key Market Insights from the report:

The ZnO Nanoparticles Market is segmented based on Type, Application, and Region.

  • Based on Type, the ZnO Nanoparticles Market is segmented into Direct Method, Indirect Method, and 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, the Middle East & Africa.

Competitive Landscape & their Strategies of ZnO Nanoparticles Market:

The prominent players operating in the ZnO Nanoparticles Market include 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 their 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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