Market revenue in 2021 | USD 348.5 million |
Market revenue in 2030 | USD 580.1 million |
Growth rate | 5.8% (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 82.5% in 2021. Horizon Databook has segmented the Latin America zinc oxide market based on indirect, direct, wet chemical covering the revenue growth of each sub-segment from 2017 to 2030.
Zinc oxide is primarily used in manufacturing rubber which is further used to produce automobile tires. Zinc oxide is also used in the construction industry in bricks, ceramics, tile glaze, and others.
According to OICA, in 2022, Argentina and Brazil witnessed 24% and 5% growth in the production of automobiles, respectively, compared to 2021. Argentina is the 23rd largest producer of automobiles worldwide.
According to the National Association of Automotive Vehicle Manufacturers, the auto industry in Brazil witnessed a growth of around 9.4% with a production of around 2.46 million vehicles in 2022.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America zinc oxide market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America zinc oxide market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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