The Europe Zinc Oxide Market would witness market growth of 5.0% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 197.6 Kilo Tonnes, showcasing a growth of 4.5% (2019-2022).
In the cosmetics industry, zinc oxide is primarily used as a sunblock in sunscreen lotions and creams. Its high refractive index allows it to block both UVA and UVB rays effectively, providing broad-spectrum protection. Zinc oxide is a key component in the vulcanization process, acting as an activator for sulfur to cross-link polymer chains. This results in improved elasticity, strength, and wear resistance in rubber products. In the ceramics and glass industry, zinc oxide acts as a flux, reducing the melting point of materials and improving the transparency, brightness, and durability of glass and ceramic products.
In agriculture, zinc oxide is used to address zinc deficiency in soil, thereby promoting healthier crop growth and higher yields. It is typically applied as a zinc fertilizer. In the manufacturing of paints and coatings, zinc oxide is utilized as a white pigment, contributing to the opacity and brightness of the final product. Its corrosion-resistant properties are especially valuable in outdoor applications. In the electronics industry, zinc oxide is a semiconductor material in varistors, protecting electronic circuits from voltage surges by providing variable resistance.
Zinc oxide is used in medical products like ointments and dressings due to its mild antibacterial and anti-inflammatory properties. It is employed in wound healing and skin treatments. Zinc oxide is a separator material in alkaline batteries, improving battery performance and lifespan. Nanoparticles of zinc oxide are integrated into textiles to create fabrics with unique properties, such as UV protection, antimicrobial effects, and moisture-wicking capabilities. In the food industry, zinc oxide is used as a food additive to provide a source of dietary zinc, which is an essential micronutrient.
The growth of the automotive industry in the UK drives the demand for high-quality tires, thus increasing the use of zinc oxide. The automotive industry in the UK benefits from the use of zinc oxide in protective and aesthetic coatings. The UK is witnessing the growth of electric vehicle manufacturing. The UK government claims that the European region, with its highly linked supply chains and substantial demand for vehicles made in the UK, has benefited the UK automotive sector, which offers a wide range of products, including premium, niche, and volume vehicles.
The pharmaceutical industry in Germany utilizes zinc oxide for its skin-protective and wound-healing properties. The pharmaceutical sector in Germany benefits from using zinc oxide in such products. Zinc oxide nanoparticles are explored for their potential applications in nanomedicine, drug delivery, and targeted therapies in Germany. All these factors will uplift the regional market expansion in upcoming years.
The Germany market dominated the Europe Zinc Oxide Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $376 million by 2030. The UK market is exhibiting a CAGR of 4.1% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.8% during (2023 - 2030).
Based on Process, the market is segmented into Indirect, Direct, Wet Chemical, and Others. Based on Application, the market is segmented into Automotive, Construction, Paints & Coatings, Cosmetics & Personal Care, Pharmaceuticals, Agriculture, and Others. Based on Form, the market is segmented into Powder, Pellets, and Liquid. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Zinc Oxide Market will Hit $7.7 Billion by 2030, at a CAGR of 5.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include CCL Industries, Inc., Lanxess AG, Tata Chemicals Ltd. (Tata Group), Zochem inc., Toho Zinc Co., Ltd., Pan-Continental Chemical Co., Ltd., Ace Chemie Zynk Energy Limited, AG CHEMI GROUP s.r.o., HAKUSUI TECH CO., LTD., and Mario Pilato Blat SA.
By Process (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Form (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
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