Nano Zinc Oxide Market Size Forecast to Reach $704 Million by 2025


Posted October 12, 2020 by rohitkurup99

Nano Zinc Oxide market is expected to witness the significant growth due to novel physiochemical characteristics, such as anti-bacterial, anti-corrosive, anti-fungal, catalytic, and UV filtering properties.

 
Nano Zinc Oxide Market size is forecast to reach $704 million by 2025, after growing at a CAGR of 12% during 2020-2025. Nano Zinc Oxide market is expected to witness the significant growth due to novel physiochemical characteristics, such as anti-bacterial, anti-corrosive, anti-fungal, catalytic, and UV filtering properties. They are mostly used in paints & coatings, cosmetics, household products, food contact materials, medical dressings, textiles, electronics, and others.

Key Takeaways
Asia Pacific dominates the Nano Zinc Oxide market owing to rapid industrial developments and rise in demand from various application industries.
The market drivers and restraints have been assessed to understand their impact over the forecast period. The report further analyzes the extent of applications for nano zinc oxide in different geographies and suggests the future growth opportunities by analyzing government regulations & policies.
The other key areas of focus include the various applications in Nano Zinc Oxide Market and their specific segmented revenue.

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Geography – Segment Analysis
Asia Pacific dominates the Nano Zinc Oxide market with a share of more than 38%, followed by North America and Europe. Asia Pacific is witnessing strong growth prospects owing to surge in consumption of personal care and cosmetics products. Asia-Pacific is the largest personal chemicals care market and is likely to register the fastest growth during the forecast period. China, which has the largest market for personal care products in Asia-Pacific dominated the market. The market is expected to register a higher growth owing to the increasing number of products offering comfort, convenience and health benefits in the market. Enormous growth in personal care market in India, combined with increasing use of ingredients in these products, has been driving the India’s cosmetic market. India continues to be one of major target markets due to huge consumer base.

Drivers – Nano Zinc Oxide Market
Advancement in Nano Zinc Oxide is driving the Market
The harmful effect of Nano Zinc Oxide on Human Health

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Nano Zinc Oxide market. Major players in the Advanced Nano Technologies Limited, BYK, Elementis Specialties, Grillo Zinkoxid GmbH, Hakusuitech Co. Ltd. and others.

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Issued By rohitkurup99
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Categories Business , Manufacturing , Reports
Tags nano zinc oxide market , nano zinc oxide market forecast , nano zinc oxide market growth , nano zinc oxide market report , nano zinc oxide market share , nano zinc oxide market size
Last Updated October 12, 2020