Global Nano Zinc Oxide Market Overview 2023-2028
The global nano zinc oxide market size reached US$ 958.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,166.8 Million by 2028, exhibiting a growth rate (CAGR) of 14.19% during 2023-2028.
Nano zinc oxide refers to zinc oxide particles at the nanoscale that have a high surface area-to-volume ratio, leading to distinctive properties not observed in bulk zinc oxide. It exhibits enhanced chemical reactivity due to its small size, making it suitable for catalytic applications and as a surface modifier. It contributes to the development of advanced materials with improved properties, such as ultraviolet (UV) protection, antimicrobial effects, and enhanced electrical conductivity. It possesses enhanced catalytic properties, which makes it effective in degrading pollutants, contributing to cleaner water and air. It is widely utilized in the development of energy-efficient devices, such as solar cells and sensors.
Global Nano Zinc Oxide Market Trends and Drivers:
At present, the increasing demand for nano zinc oxide to produce various skincare products that offer sun protection represents one of the crucial factors impelling the growth of the market. Besides this, the rising utilization of nano zinc oxide as a multifunctional fertilizer and soil conditioner to boost crop yields while minimizing environmental impact is contributing to the growth of the market. In addition, the growing miniaturization of electronic devices and the rising demand for high-performance electronics are offering a favorable market outlook. Apart from this, the increasing employment of nano zinc oxide in wound dressings, medical textiles, and antimicrobial coatings for medical equipment is bolstering the growth of the market.
Global Nano Zinc Oxide Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: American Elements, BASF SE, Guangzhou Hongwu Material Technology Co. Ltd., Inframat Advanced Materials LLC (Inframat Corporation), Merck KgaA, Micronisers Pty Ltd, Nanophase Technologies Corporation, Pan-Continental Chemical Co.Ltd., Sakai Chemical Industry Co. Ltd, Shandong Xingya New Material Co. Ltd., SkySpring Nanomaterials Inc., Tata Chemicals Limited (Tata Group) and Tianxiongjian New Material Co.Ltd.
The report segmented the market on the basis of region, type and application.
Breakup by Type:
- Uncoated Nano Zinc Oxide
- Coated Nano Zinc Oxide
Breakup by Application:
- Personal Care and Cosmetics
- Paints and Coatings
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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