What is Zinc Pyrithione Market?
Zinc pyrithione is the coordination complex of zinc. It has fungi static in which it inhibits the division of fungal cells, and bacteriostatic in which it inhibits bacterial cell division, properties. It is used in the treatment of seborrhoeic dermatitis. Zinc pyrithione is used in medical, paint, and sponges. Moreover, Zinc pyrithione is approved for over-the-counter topical use in the United States for the treatment of dandruff. Also, it is the active ingredient in several anti dandruff shampoos. However, in its industrial forms and strengths, it may be harmful by contact or ingestion
The market study is being classified by Type (Industrial Grade and Pharmaceutical Grade), by Application (Dandruff Shampoo, Coating & Painting, Cosmetic and Others) and major geographies with country level break-up.
Lonza (Switzerland), Kumar Organic Products Limited (United States), Vivimed (India), Kolon Life Science (South Korea), Sanitized AG (Switzerland), Salicylates and Chemicals (India), Chugoku Kogyo (Japan), Shivam Industries (India), Zhejiang Regen Chemical (China) and Binhai Minghong Fine Chemical (Taiwan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Wuxi Zhufeng Fine Chemical (China), Taicang liyuan chemical (China), Guangzhou Tinci Materials Technology (China), Shandong Ailitong New Materials (China) and Zhejiang Hongbo Chemical (China).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that China Vendors will contribute to the maximum growth of Global Zinc Pyrithione market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Zinc Pyrithione market by Type, Application and Region.
On the basis of geography, the market of Zinc Pyrithione has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Usage in Various Applications Such as Food and Beverages, Textile and Paints & Coating Industries
- Increasing Demand for Personal Care Products
Market Trend
- Increasing Usage of Zinc Pyrithione in Pharmaceutical and Medical Applications
Restraints
- Stringent Government Regulations May Hamper the Market
Opportunities
- Growing Demand from Several other Materials such as Adhesives, Carpet Backing, Cables, and Foam Stuffing for Cushions, Wire Insulation and Other Coverings
Challenges
- Fluctuations in Prices of Raw Materials
Market Leaders and some development strategies
In 2019, Lonza has acquired sterile fill and finish facility in Stein (CH) from Novartis. The new facility, in Stein, Switzerland, will enable Lonza Pharma & Biotech to build on existing parenteral drug product development and testing capabilities and offer an end-to-end service to its customers
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organisations and Others