Zinc Oxide Market Emerging Trends, Opportunities and Forecasts 2030
Zinc Oxide Market Growth & Trends The global zinc oxide market size is estimated to reach USD 8.1 billion by 2030, registering a CAGR of 6.9% during the forecast period, according to a new report by Grand View Research, Inc. Growth can be attributed to the rising product demand for vulcanization of rubber in the tire industry. In addition, the growing consumption of premium skincare products in emerging economies due to the increasing disposable income is expected to drive market growth. The raw materials used to manufacture the product using direct processes include sulfuric acid and zinc chloride. The availability of raw material impacts zinc oxide (ZnO) prices and production. Gather more insights about the market drivers, restrains and growth of the Global Zinc Oxide Market Market Segmentation: Grand View Research has segmented the global zinc oxide market on the process (Indirect, Direct, Wet Chemical, Others), application (Rubber, Ceramics, Chemicals, Cosmetics & Pers...