North America Zinc Oxide Market Forecast to 2028

North America Zinc Oxide Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Process (French Process, American Process, Wet Process, and Others), Grade (Standard Grade, Food Grade, USP Grade, and Others), Application (Rubber, Agriculture, Chemicals and Lubricants, Glass and Ceramic, Paint and Pigment, Pharmaceutical, and Others)

Report Code : BMIRE00025572 | Region : North America | Industry : Chemicals and Materials | Published Date : 10/Aug/2022

The North America zinc oxide market is expected to reach US$ 1102.17 million by 2028 from US$ 780.40 million in 2021. It is estimated to grow at a CAGR of 5.1% from 2021 to 2028.

The growing demand for zinc oxide from the rubber industry for manufacturing various products is bolstering the growth of the zinc oxide market. Zinc oxide is used as a vulcanizing agent in the vulcanization of rubber to increase durability. Rubber is utilized to produce automobile components, such as ventilation flaps, radiator seals, tires, and airbags. It offers high heat resistance and reduces heat build-up and UV rays absorption. These properties have soared the rubber industry's demand for zinc oxide powder.

Further, with the growing automotive industry, the demand for tires is increasing, boosting zinc oxide market growth. As per the International Organization of Motor Vehicle Manufacturers (OICA) report, in 2021, the automotive industry sold more than 82 million vehicles, a 5% increase compared to the previous year. Thus, with the growing automotive sales, the demand for tires is soaring gradually. The US Tire Manufacturers Association (USTMA) projects total tire shipments in the US increased to 336.0 million units in 2021, compared to 303.2 million units in 2020 and 332.7 million units in 2019. The North America Zinc Oxide Market is expected to grow at a promising CAGR during the forecast period.

North America Zinc Oxide Revenue and Forecast to 2028 (US$ Million)

North America Zinc Oxide Market Segmentation

The North America zinc oxide market is segmented on the basis of process, grade, application, and country. Based on process, the market is categorized into French process, American process, wet process, and others. In 2021, the french process segment held the largest market share.

Based on grade, the market is segmented into standard grade, food grade, USP grade, and others. In 2021, the standard grade segment held the largest market share.

Based on application, the market is categorized into rubber, agriculture, chemicals and lubricants, glass and ceramic, paint and pigment, pharmaceutical, and others. In 2021, the rubber segment held the largest market share.

Based on country, the market is fragmented into the US, Mexico, and Canada. The US is leading the market with a substantial share in 2022.

Silox SA, EverZinc, U.S. Zinc, Zochem, Umicore, Grillo-Werke AG, L. Bruggemann GMBH, and Akrochem Corporation are the leading companies in this regional market.

At 5.1% CAGR, the North America Zinc Oxide market is speculated to be worth US$ 1102.17 million by 2028, says The Insight Partners

According to The Insight Partners’ research, The North America Zinc Oxide market was valued at US$ 780.40 million in 2021 and is expected to reach US$ 1102.17 million by 2028, registering an annual growth rate of 5.1% from 2021 to 2028. Growing bio medicinal use of zinc oxide and growing penetration of zinc oxide in rubber products are the critical factors attributed to the market expansion.

Zinc oxide has emerged with a promising potential in biomedicine, especially in the fields of anticancer and antibacterial, which can trigger excess reactive oxygen species (ROS) production, release zinc ions, and induce cell apoptosis. In addition, zinc is well known to keep the structural integrity of insulin. It has also been effectively developed for antidiabetic treatment. Moreover, zinc oxide nanoparticles have shown excellent luminescent properties and have turned them into one of the main candidates for bioimaging. Further, the US Food and Drug Administration (FDA) has conducted extensive research on the safety of zinc oxide for use as a color additive in drugs and skin protectant active ingredient and has stated that zinc oxide may be safely used in cosmetics. The FDA has also approved the use of zinc oxide in over-the-counter skin protectants and sunscreen at concentrations up to 25%. Thus, increasing bio medicinal usage is trending and expected to bolster The North America zinc oxide market growth during the forecasted years.

On the contrary, challenges faced in marketing the stringent government policies hurdles the growth of the North America Zinc Oxide Market.

Based on process, The North America Zinc Oxide market is segmented into French process, American process, wet process, and others. The French process held 72.3% market share in 2021, amassing US$ 564.03 million. It is projected to garner US$ 806.61 million by 2028 to expand at 5.2% CAGR during 2021–2028.

Based on grade, The North America Zinc Oxide market is segmented into standard grade, food grade, usp grade, and others. The standard grade segment held 51.9% market share in 2021, amassing US$ 405.21 million. It is projected to garner US$ 579.99 million by 2028 to expand at 5.3% CAGR during 2021–2028.

Based on application, The North America Zinc Oxide market is segmented into rubber, agriculture, chemicals and lubricants, glass and ceramic, paint and pigment, pharmaceutical, and others. The rubber segment held 38.1% market share in 2021, amassing US$ 297.23 million. It is projected to garner US$ 444.60 million by 2028 to expand at 5.9% CAGR during 2021–2028.

Based on country, The North America Zinc Oxide market has been categorized into the US, Canada, and Mexico. Our regional analysis states that US captured 77.7% market share in 2021. It was assessed at US$ 606.01 million in 2021 and is likely to hit US$ 866.10 million by 2028, exhibiting a CAGR of 5.2% during the forecast period.

Key players dominating The North America Zinc Oxide market are Silox SA, EverZinc, U.S. Zinc, Zochem, Umicore, Grillo-Werke AG, L. Bruggemann GMBH, and Akrochem Corporation among others.

Feb-2022, the company has expanded their production capacity at their TN facility. It will add an additional 15000 tons to their capacity. This expansion will help fill the expected increased demand for French process zinc oxide in new applications such as the battery storage market, along with continued growth in durable products found in the agriculture, automotive, and specialty chemical sectors. Zochem’s approach is to continually focus on the greater good of all stakeholders, particularly our dedicated employees and customers.

TABLE OF CONTENTS

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

1.2.1 North America Zinc Oxide Market, by Process

1.2.2 North America Zinc Oxide Market, by Grade

1.2.3 North America Zinc Oxide Market, by Application

1.2.4 North America Zinc Oxide Market, by Country

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.1.1 Zinc Oxide Market, by Process, Grade, and Application

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. North America Zinc Oxide Market Landscape

4.1 Market Overview

4.2 Porter?s Five Forces Analysis

4.2.1 Threat of New Entrants:

4.2.2 Bargaining Power of Suppliers:

4.2.3 Bargaining Power of Buyers:

4.2.4 Competitive Rivalry:

4.2.5 Threat of Substitutes:

4.3 Ecosystem Analysis

4.3.1 Overview:

4.3.2 Raw Material Suppliers:

4.3.3 Manufacturers

4.3.4 Distributors

4.3.5 End-User

4.4 Expert Opinion

5. North America Zinc Oxide Market ? Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing Penetration of Zinc Oxide in Rubber Products

5.1.2 Limited Substitutes and Increasing Application of Zinc Oxide in Various Industries Driving the Market

5.2 Market Restraints

5.2.1 Stringent Government Policies

5.3 Market Opportunities

5.3.1 Growing Demand for Green Zinc Oxide Nanoparticles in Agriculture

5.4 Future Trends

5.4.1 Growing Bio Medicinal use of Zinc Oxide

5.5 Impact Analysis of Drivers and Restraints

6. Zinc Oxide ? North America Market Analysis

6.1 Zinc Oxide Market ?Revenue and Forecast to 2028 (US$ Mn)

7. North America Zinc Oxide Market Analysis ? By Process

7.1 Overview

7.2 Zinc Oxide Market, By Process (2020 and 2028)

7.3 French Process

7.3.1 Overview

7.3.2 French Process: Zinc Oxide Market ? Revenue and Forecast to 2028 (US$ Mn)

7.4 American Process

7.4.1 Overview

7.4.2 American Process: Zinc Oxide Market ? Revenue and Forecast to 2028 (US$ Mn)

7.5 Wet and Others Process

7.5.1 Overview

7.5.2 Wet and Others Process: Zinc Oxide Market ? Revenue and Forecast to 2028 (US$ Mn)

8. North America Zinc Oxide Market Analysis ? By Grade

8.1 Overview

8.2 Zinc Oxide Market, By Grade (2020 and 2028)

8.3 Standard Grade

8.3.1 Overview

8.3.2 Standard Grade: Zinc Oxide Market ? Revenue and Forecast to 2028 (US$ Mn)

8.3.3 Standard Grade: Zinc Oxide Market ?Volume and Forecast to 2028 (Kilo Tons)

8.4 Food Grade

8.4.1 Overview

8.4.2 Food Grade: Zinc Oxide Market ? Revenue and Forecast to 2028 (US$ Mn)

8.4.3 Food Grade: Zinc Oxide Market ?Volume and Forecast to 2028 (Kilo Tons)

8.5 USP and Other Grade

8.5.1 Overview

8.5.2 USP and Other Grade: Zinc Oxide Market ? Revenue and Forecast to 2028 (US$ Mn)

8.5.3 USP and Other Grade: Zinc Oxide Market ?Volume and Forecast to 2028 (Kilo Tons)

9. North America Zinc Oxide Market Analysis ? By Application

9.1 Overview

9.2 Zinc Oxide Market, By Application (2020 and 2028)

9.3 Rubber

9.3.1 Overview

9.3.2 Rubber : Zinc Oxide Market ? Revenue and Forecast to 2028 (US$ Mn)

9.4 Agriculture

9.4.1 Overview

9.4.2 Agriculture: Zinc Oxide Market ? Revenue and Forecast to 2028 (US$ Mn)

9.5 Chemicals and Lubricants

9.5.1 Overview

9.5.2 Chemicals and Lubricants: Zinc Oxide Market ? Revenue and Forecast to 2028 (US$ Mn)

9.6 Glass and Ceramic

9.6.1 Overview

9.6.2 Glass and Ceramic: Zinc Oxide Market ? Revenue and Forecast to 2028 (US$ Mn)

9.7 Paints and Pigment

9.7.1 Overview

9.7.2 Paint and Pigment: Zinc Oxide Market ? Revenue and Forecast to 2028 (US$ Mn)

9.8 Pharmaceutical

9.8.1 Overview

9.8.2 Pharmaceutical: Zinc Oxide Market ? Revenue and Forecast to 2028 (US$ Mn)

9.9 Other Application

9.9.1 Overview

9.9.2 Other Application: Zinc Oxide Market ? Revenue and Forecast to 2028 (US$ Mn)

10. North America Zinc Oxide Market ? Country Analysis

10.1 North America: Zinc oxide Market

10.1.1 North America: Zinc oxide Market, by Key Country

10.1.1.1 US: Zinc oxide Market?Analysis and Forecast to 2028 (US$ Million)

10.1.1.1.1 US: Zinc oxide Market, by Process

10.1.1.1.2 US: Zinc oxide Market, by Grade

10.1.1.1.3 US: Zinc oxide Market, by Application

10.1.1.2 Canada: Zinc oxide Market?Analysis and Forecast to 2028 (US$ Million)

10.1.1.2.1 Canada: Zinc oxide Market, by Process

10.1.1.2.2 Canada: Zinc oxide Market, by Grade

10.1.1.2.3 Canada: Zinc oxide Market, by Application

10.1.1.3 Mexico: Zinc oxide Market?Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 Mexico: Zinc oxide Market, by Process

10.1.1.3.2 Mexico: Zinc oxide Market, by Grade

10.1.1.3.3 Mexico: Zinc oxide Market, by Application

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

12. Company Profiles

12.1 Silox SA

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 EverZinc

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 U.S. Zinc

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Zochem Inc.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Umicore

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Grillo-Werke AG

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Akrochem Corporation

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 L.Bruggemann GMBH

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES.

Table 1. North America Zinc Oxide Market -Revenue and Forecast to 2028 (US$ Mn)

Table 2. US: Zinc oxide Market, by Process- Revenue and Forecast to 2028 (US$ Million)

Table 3. US: Zinc oxide Market, by Grade- Revenue and Forecast to 2028 (US$ Million)

Table 4. US: Zinc oxide Market, by Grade-Volume and Forecast to 2028 (Kilo Tons)

Table 5. US: Zinc oxide Market, by Application - Revenue and Forecast to 2028 (US$ Million)

Table 6. Canada: Zinc oxide Market, by Process- Revenue and Forecast to 2028 (USD Million)

Table 7. Canada: Zinc oxide Market, by Grade- Revenue and Forecast to 2028 (USD Million)

Table 8. Canada: Zinc oxide Market, by Grade-Volume and Forecast to 2028 (Kilo Tons)

Table 9. Canada: Zinc oxide Market, by Application - Revenue and Forecast to 2028 (USD Million)

Table 10. Mexico Zinc oxide Market, by Process- Revenue and Forecast to 2028 (US$ Million)

Table 11. Mexico Zinc oxide Market, by Grade- Revenue and Forecast to 2028 (US$ Million)

Table 12. Mexico Zinc oxide Market, by Grade-Volume and Forecast to 2028 (Kilo Tons)

Table 13. Mexico Zinc oxide Market, by Application - Revenue and Forecast to 2028 (US$ Million)

Table 14. Glossary of Term: Zinc Oxide Market

LIST OF FIGURES.

Figure 1. North America Zinc Oxide Market Segmentation

Figure 2. North America Zinc Oxide Market Segmentation - By Country

Figure 3. North America Zinc Oxide Market Overview

Figure 4. North America Zinc Oxide Market, By Process

Figure 5. North America Zinc Oxide Market, by Country

Figure 6. North America Porter-s Five Forces Analysis of Zinc Oxide Market

Figure 7. North America Zinc Oxide Market, Ecosystem

Figure 8. North America Expert Opinion

Figure 9. North America Zinc Oxide Market Impact Analysis of Drivers and Restraints

Figure 10. North America Zinc Oxide Market - Revenue and Forecast to 2028 (US$ Mn)

Figure 11. North America Zinc Oxide Market Revenue Share, By Process (2020 and 2028)

Figure 12. North America French Process: Zinc Oxide Market - Revenue and Forecast To 2028 (US$ Mn)

Figure 13. North America American Process: Zinc Oxide Market - Revenue and Forecast To 2028 (US$ Mn)

Figure 14. North America Wet and Others Process: Zinc Oxide Market - Revenue and Forecast To 2028 (US$ Mn)

Figure 15. North America Zinc Oxide Market Revenue Share, By Grade (2020 and 2028)

Figure 16. North America Standard Grade: Zinc Oxide Market - Revenue and Forecast To 2028 (US$ Mn)

Figure 17. North America Standard Grade: Zinc Oxide Market -Volume and Forecast To 2028 (Kilo Tons)

Figure 18. North America Food Grade: Zinc Oxide Market - Revenue and Forecast To 2028 (US$ Mn)

Figure 19. North America Food Grade: Zinc Oxide Market -Volume and Forecast To 2028 (Kilo Tons)

Figure 20. North America USP and Other Grade: Zinc Oxide Market - Revenue and Forecast To 2028 (US$ Mn)

Figure 21. North America USP and Other Grade: Zinc Oxide Market -Volume and Forecast To 2028 (Kilo Tons)

Figure 22. North America Zinc Oxide Market Revenue Share, By Application (2020 and 2028)

Figure 23. North America Rubber : Zinc Oxide Market - Revenue and Forecast To 2028 (US$ Mn)

Figure 24. North America Agriculture: Zinc Oxide Market - Revenue and Forecast To 2028 (US$ Mn)

Figure 25. North America Chemicals and Lubricants: Zinc Oxide Market - Revenue and Forecast To 2028 (US$ Mn)

Figure 26. North America Glass and Ceramic: Zinc Oxide Market - Revenue and Forecast To 2028 (US$ Mn)

Figure 27. North America Paint and Pigment: Zinc Oxide Market - Revenue and Forecast To 2028 (US$ Mn)

Figure 28. North America Pharmaceutical: Zinc Oxide Market - Revenue and Forecast To 2028 (US$ Mn)

Figure 29. North America Other Application: Zinc Oxide Market - Revenue and Forecast To 2028 (US$ Mn)

Figure 30. North America: Zinc oxide Market Revenue Share, by Key Country (2020 and 2028)

Figure 31. US: Zinc oxide Market-Revenue and Forecast to 2028 (US$ Million)

Figure 32. Canada: Zinc oxide Market-Revenue and Forecast to 2028 (US$ Million)

Figure 33. Mexico: Zinc oxide Market-Revenue and Forecast to 2028 (US$ Million)-

The List of Companies - North America Zinc Oxide Market

● Silox SA.

● EverZinc.

● U.S. Zinc.

● Zochem.

● Umicore.

● Grillo-Werke AG.

● Akrochem Corporation.

● L. Bruggemann GMBH.

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America Zinc Oxide market forecast.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in North America Zinc Oxide market forecast, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth North America market trends and outlook coupled with the factors driving the zinc oxide, as well as those hindering it.

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

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