With the growing demand for chemical-free food, green zinc oxide nanoparticle consumption is increasing as it is a safe alternative to conventional chemical methods. Zinc oxide nanoparticles are effective for germination and the development of plants. It also helps boost the growth rate of stem and roots without extracting soil nutrients. The demand for green zinc oxide nanoparticles is gradually increasing due to their soil reviving properties and increased crop yield.
In addition, various government initiatives to support green and sustainable agriculture provide lucrative opportunities to manufacturers of zinc oxide nanoparticles. For instance, the Government of India introduced several programs, such as National Mission for Sustainable Agriculture (NMSA), Soil Health Card (SHC), and Mission Organic for Value Chain Development for Northeast (MOVCD), to promote green agriculture across the country. Green zinc oxide nanoparticles are quite safe and eco-friendly compared to chemical synthesis; hence farmers across the region are gradually adopting nanoparticles. The Asia Pacific zinc oxide market is expected to grow at a good CAGR during the forecast period.
Asia Pacific Zinc Oxide Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Zinc Oxide Market Segmentation
The Asia Pacific 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 Australia, China, India, Japan, South Korea, and the Rest of APAC. China is leading the market with a substantial share in 2022.
Silox SA, EverZinc, U.S. Zinc, Zochem, Umicore, Rubamin, JG Chemicals Pvt, Ltd, Pan-Continental Chemicals Co. Ltd, L.Bruggeman GMBH, and Akrochem are the leading companies in this regional market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 2601.78 Million |
| Market Size by 2028 | US$ 3705.91 Million |
| CAGR (2021 - 2028) | 5.2% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Process
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
The Asia Pacific Zinc Oxide Market is valued at US$ 2601.78 Million in 2021, it is projected to reach US$ 3705.91 Million by 2028.
As per our report Asia Pacific Zinc Oxide Market, the market size is valued at US$ 2601.78 Million in 2021, projecting it to reach US$ 3705.91 Million by 2028. This translates to a CAGR of approximately 5.2% during the forecast period.
The Asia Pacific Zinc Oxide Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Zinc Oxide Market report:
The Asia Pacific Zinc Oxide Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Zinc Oxide Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Zinc Oxide Market value chain can benefit from the information contained in a comprehensive market report.
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