Zinc Chemicals Market: Description
Zinc oxide is an essential preliminary material used to produce other zinc compounds including zinc phosphate, zinc stearate, zinc chromate, zinc sulphate, zinc octoate, zinc naphthenate, zinc chloride, zinc acetate etc.
Zinc (Zn) is a low-melting metal belonging to group 12 of the periodic table, which is lustrous bluish-white in appearance. It is brittle and crystalline at ordinary temperatures, but it becomes ductile and malleable when heated between 110°C and 150°C.
Zinc chemicals such as zinc carbonate, zinc chloride, zinc oxide, and zinc sulfate are widely used in industrial applications.
It has exceptional chemical and physical properties, such as high electrochemical coupling coefficient, high chemical stability, extensive range of radiation absorption and high photostability. Moreover, because of its hardness, rigidity and piezoelectric constant it is an important material in the ceramics manufacturing.
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Zinc Chemicals Market Outlook
The global zinc chemicals market has gained remarkable growth owing to increasing demand of tire & rubber products in emerging countries and high demand in chemical industry. Moreover, new product launches and their expanding application areas coupled with favourable reimbursement policies are fuelling the market growth. Also, increasing use of zinc chemicals in agricultural industry and surging R&D activities are some of the opportunities which are expected to fuel the growth of this market in coming years. There has been significant increase in research & development events to upsurge the use of zinc chemicals in various expanded sectors, such as electronic, food & pharmaceuticals etc. However, the global zinc oxide market is hampered by rising inventory costs and new rubber standards imposed in china.
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