Zinc Oxide Market: The cosmetics & personal care applications is expected to register the fastest growth till 2024
The Global Zinc Oxide Market size is projected to grow from USD 4.4 billion in 2019 to USD 5.7 billion by 2024, at a compound annual growth rate (CAGR) of 5.4% between 2019 and 2024. Growing demand from the rubber industry and the non-availability of substitutes that can replace ZnO in various applications, is driving the market growth. The key players in the zinc oxide market are US Zinc (US), Zochem (US), EverZinc (Belgium), ZM Silesia (Poland), Akrochem (South Africa), Rubamin (India), Pan-Continental Chemical (Taiwan), J.G. Chemicals (India), Upper India (India), and Suraj Udyog (India). These players have adopted the strategy of acquisition to enhance their product offerings and geographic presence. Wet chemical process is expected to be the fastest-growing process for ZnO between 2019 and 2024. The wet chemical process is projected to grow at the fastest rate during the forecast period. ZnO Grade produced by this process are very fine in size has good dispersion and...