The Global Zinc Oxide Compression Bandages Market is forecast to reach USD 6.37 Billion by 2027, according to a new report by Reports and Data. Zinc Oxide Compression Bandages (ZnO) is an inorganic chemical compound that typically comes in a white-colored powder formation and is insoluble in water. Zinc Oxide Compression Bandages is manufactured via several methods such as indirect or French process, direct or American process, wet chemical process, waelz process, laboratory synthesis, and Zinc Oxide Compression Bandages nanostructures. Amongst these many processes, the wet chemical processes are now being widely followed in industries as the final product are more effective with a higher dispersion and slow setting rate. The global market is growing at a substantial pace due to the growing demand for Zinc Oxide Compression Bandagess for the vulcanization of rubber in the tire manufacturing industries and the skincare products manufacturing for its sun protection properties. The rapid growth of ceramic and glass-made consumer and architectural applications is projected to take part in the market growth substantially.
The Asia Pacific region is expected to retain its dominance in the global market. The market in North America is growing at a significant pace due to the extensive use of ZnO in various industry verticals. China and India are some of the fastest-growing markets in the world, while Germany and the United States hold some of the most prominent players in the market.
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The global materials chemicals industry involves the production, distribution, sales, and consumption of industrial chemicals, specialty chemicals, commodity (bulk) chemicals, and raw materials such as natural gas, oil, paper pulp, and metals minerals. Growth of the global materials chemicals industry is mainly attributed to fast-paced industrialization and extensive usage of bulk petrochemicals, electronic chemicals, polymers, inorganic chemicals, fertilizers, adhesives, sealants, coatings, and various other products in different industries including oil gas, pharmaceutical, food beverage, cosmetics personal care, textile, manufacturing, petrochemical, and water, and wastewater treatment industries. Technological innovations in the electronics and semiconductor industries, rising demand for nanomaterials, and increasing preferences for environmentally sustainable chemicals and materials are other major factors contributing to the global materials chemicals industry growth.
Leading Companies Profiled in the Report:
Akrochem Corporation, U.S. Zinc Corporation, Pan-Continental Chemical Co., Ltd., J G Chemicals Pvt Ltd, Lanxess Aktiengesellschaft, Rubamin, ZM Silesia S.A., Upper India, L. BrüggeMann GmbH, and EverZinc, among others.
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Distribution Channel Outlook (Revenue, USD Billion; 2016-2027)
Online Retailing
Offline Retailing
Grades Outlook (Revenue, USD Billion; 2016-2027)
Standard
Treated
Food Chemical Codex (FCC)
United States Pharmacopeia (USP)
Other Grades
End-Use Verticals Outlook (Revenue, USD Billion; 2016-2027)
Glass Ceramic Industries
Tire Rubber Industries
Paints Coatings
Chemicals Pharmaceuticals
Consumer Goods
Others
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Major Regions covered in the report:
North America (U.S.A., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of Europe)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Points Illustrated in the Regional Analysis:
Regional contribution to the overall market revenue
Forecast revenue share of each regional market
Vital information and data related to the production and consumption rates in all the regions
Factors driving the regional market growth over the forecast period
Leading products and application segments in each regional market
Presence of key market competitors in each of these regions
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