Global Zinc Chloride Market Overview:
Zinc chloride is a chemical compound with the formula ZnCl2. There exist nine different crystalline forms of zinc chloride that are currently known. These hydrates of ZnCl2 are either white in color or colorless. All of them are highly soluble in water. Zinc chloride is used as a catalyst, dehydrating and condensing agent, soldering flux, and metal etchant. It is also employed in preserving anatomical specimens, wood preservatives, deodorant, disinfecting and embalming materials. It is likewise employed as a mordant in printing and dyeing materials and in the vulcanizing processes of fiber and rubber. It is useful as an electrolyte in dry cell batteries, in the metal industry, in galvanizing iron and as an electrolyte for electroplating. It is useful in organic synthesis, for example, in the Friedel-Crafts acylation, Fisher indole synthesis, Lucas reagent (zinc chloride with HCl), activation of allylic/benzylic halides towards reaction with olefins or with sodium cyanoborohydride catalyzed reduction of halides, organozinc reagents for use in Negishi coupling, and aldol condensation reactions.
Growth Drivers
- Rising Demand for Zinc Chloride Batteries of Zink Chloride
- Increasing Use of Zinc Chloride as Coagulant in Automotive Industry Globally
Roadblocks
- Less Efficient at high Current Drain Application
Opportunities
- Rising Textile Industry as the Major Consumer of Zinc Chloride is Increasing
Competitive Landscape:
Some of the key players profiled in the report are Hisky Zinc Industry, Jinzhou Ji Tian Zinc, Vijay Chem Industries, Weifang Dongfangsheng Chemical, Pan-Continental Chemcial, Lipmes, Weifang Hengfeng Chemical, Pinkto Chemicals, Surai Fine Chemcias Mfg and Jiangsu Shenlong Zinc Industry. Considering Market by Form, the sub-segment i.e. Solid will boost the Zinc Chloride market.
Latest Market Insights:
In January 2019, Aterian Investment Partners (Aterian), a private investment firm, announced that it has acquired U.S. Zinc.
What Can be Explored with the Zinc Chloride Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Zinc Chloride Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Zinc Chloride
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Zinc Chloride market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Zinc Chloride market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Zinc Chloride Manufacturers, Raw Material Suppliers, Zinc Chloride Traders, Distributors, and Suppliers, Government & Regional Agencies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.