In November 2017, the EU Commission published new updates to the regulation concerning perfume allergens and zinc oxide. In addition, it should not be used in applications that may lead to exposure of the end-user’s lungs by inhalation
The article cited AMA's "Global Zinc Oxide Market Study" explored substantial growth of %. According to the report, Rising Government Approval Regarding the Usage of Zinc Oxide is one of the primary growth factors for the market. Rising Demand of Automotive Industry across the World
is also expected to contribute significantly to the Zinc Oxide market. Overall, Rubber
applications of Zinc Oxide, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End Users, such as Automotive, is boosting the Zinc Oxide market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Process, such as Direct Process, is boosting the Zinc Oxide market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Zinc Oxide market identified that the demand is rising in many different parts of the world as "Increasing Usage of Zinc Oxide in the Semiconductor Industry
". Furthermore, some recent industry insights like "In June 2019, the Vizor LLC Company has launched next-gen zinc oxide technology, which is based on patent-pending surface modification technology. Therefore, this launch will benefit increase in the product portfolio of the company." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Zinc Oxide market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Zinc Oxide market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Zinc Oxide market size is calculated using market estimation process, the Zinc Oxide market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Zinc Oxide market size has been validated using both top-down and bottom-up approaches.