Market revenue in 2021 | USD 887.4 million |
Market revenue in 2030 | USD 1,540.4 million |
Growth rate | 6.3% (CAGR from 2021 to 2030) |
Largest segment | Indirect |
Fastest growing segment | Wet Chemical |
Historical data covered | 2017 - 2020 |
Base year for estimation | 2021 |
Forecast period covered | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Indirect, Direct, Wet Chemical |
Key market players worldwide | Lanxess AG, Toho Zinc Co Ltd, Tata Chemicals, AG Chemi Group, EverZinc, Zinc Nacional, Hakusui Tech Co, Rubamin, TP Polymer Pvt Ltd, Upper India, Zinc Oxide (Aust), Zochem |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to zinc oxide market will help companies and investors design strategic landscapes.
Indirect was the largest segment with a revenue share of 82.93% in 2021. Horizon Databook has segmented the Europe zinc oxide market based on indirect, direct, wet chemical covering the revenue growth of each sub-segment from 2017 to 2030.
Advances in construction, automotive, and pharmaceutical industries are expected to drive the demand for zinc oxide as a major component in the production of rubber for manufacturing tires and in the ceramic industry for manufacturing bricks and tile glaze.
In addition, construction orders witnessed an increase of 9.4% in 2021 compared to 2020. According to the International Trade Administration, in 2021 Italy has the 11th largest construction market globally.
Additionally, according to the National Association of Building Contractors (ANCE), the construction industry in Italy witnessed an increase of 16.4%, in terms of investment, amounting to USD 161.19 billion in 2021.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe zinc oxide market , including forecasts for subscribers. This continent databook contains high-level insights into Europe zinc oxide market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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