Zinc Chemicals Global Market Industry Expert Analysis And Forecast 2015 – 2020
Albany, New York, March 21, 2017: Market Research Reports Search Engine (MRRSE) announces the addition of a new report titled ‘Zinc Chemicals Market – Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 – 2020’, Automobile industry is the largest application for zinc chemicals market. Zinc chemicals are widely used in the manufacturing of automobiles.
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Zinc is a bluish-white metal which has an extremely shinny surface. Zinc is abundantly found in the earth’s crust. The process of extracting zinc from its ore was invented in India. Zinc does not occur as a free metal in the earth’s crust. Some of the most important zinc ores are zinc spar, zinc carbonate, smithsonite, zinc blend, zinc sulfide, zincite and zinc oxide among others. Zinc is neither malleable nor ductile at room temperature. However, at temperature above 100oC zinc exhibits slight malleable properties. Zinc has a melting point at 419.5oC and has its boiling point at 908oC. The density of zinc metal is approximately 7.14 grams per cubic centimeter. Zinc metal being a soft metal has a hardness of only 2.5 on the Mohs scale. Zinc is an active metal and is thus, soluble in both alkalis and acids. Zinc does not react with oxygen in dry air. However, in moist air it forms zinc carbonate. Zinc burns in air with a bluish flame. The major zinc chemicals having huge commercial importance are zinc oxide, zinc chloride and zinc sulfate. Zinc chemicals find major applications in the automobile and ceramic tiles manufacturing industries among others.
Zinc chemicals are widely used in the manufacturing of tyres and tubes that are widely used in the automobiles. Growing economies coupled with increase in disposable income has boosted the overall demand for automobiles. Thus, the growing automobile industry is expected to augment the overall demand for zinc chemicals in the near future. Most of the zinc chemical manufactured is used in the automobile industry. Thus, zinc chemicals market is closely associated with the automobile industry. Automobile application is followed by the ceramic tiles and glass manufacturing industries. Zinc chemicals are widely used in the manufacturing of wide range of flooring tiles. The glass industry also consumes most of the zinc chemicals manufactured. Thus, the growing construction industry is expected to drive the tiles market which in turn is expected to boost the demand for zinc chemicals market. Zinc chemicals are also used in the pharmaceutical industry. Zinc chemicals are used in manufacturing several drugs. Zinc chemicals are also used inorder to increase the agricultural lands fertility. Thus, the growing demand for fertilizers is also expected to drive the zinc chemicals market.
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China is the major consumer of zinc chemicals. Growing construction industry coupled with automobile industry is expected to boost the overall demand for zinc chemicals. In addition, the presence of secondary processed products industry is further expected to augment the overall growth of the zinc chemical market in China. China is followed by Europe and is expected to be the major consumer of zinc chemicals in the near future. Presence of huge automobile industry in Europe is further expected to augment the overall demand for zinc chemical market. The demand for zinc chemical is expected to grow rapidly in North America. The growing demand for zinc chemicals as fertilizers is further expected to augment the overall market in Rest of Asia Pacific region.
The Dow Chemical Company, Pan-Continental Chemical Co., Ltd., Arabian Zinc Oxide Factory, Umicore and American Chemet Corporation are some of the major participants of the zinc chemical market.
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