Press Release
Business

Zinc Oxide Market to Perceive Substantial Growth During 2016-2026

Zinc oxide is water insoluble compound, but soluble in acid and bases. It has wide application in industry such as rubber, ceramics/glass, paint/coatings industry, cosmetics industry and the pharmaceutical industry. Zinc oxide has a widespread use in cosmetic products. Zinc oxide is used primarily in cosmetics and personal care products including makeup, baby lotions, bath soaps, nail products, and powders and others. Besides its authorized use as a cosmetic zinc oxide is applied as bulking agent and skin protecting UV absorber. In sunscreens zinc oxide is used at concentrations up to 25%. Zn2+ is generally considered a non-toxic metal. It is an essential nutrient present virtually in every cell. It must be consumed in the diet and absorbed to maintain human health and it does not appear to accumulate with age, etc. Owing to its wide usage in various cosmetics products such as sunscreen, talcum powder, cold cream face powder, depilatories and others is supporting zinc oxide demand in cosmetics industry.

Zinc Oxide for Cosmetics Application: Segmentation

Zinc oxide for cosmetics industry is segmented on the basis of application. Zinc oxide is widely used in skin care, hair care, color cosmetics, toiletries and others (face powder and talcum powder). Among all these segments skin care segment is expected to be the major segment in terms volume contribution. Increasing usage of zinc oxide as an UV (ultraviolet) filters in sun protection products is expected to drive the segment growth over the forecast period. Toiletries segment is expected to account for favorable growth over the forecast period in accordance with the usage of zinc oxide for cosmetic industry. Zinc oxide enable to treat and prevent diaper rash. It helps in protecting chafed skin and enables to seal out wetness. Thus increased usage of zinc oxide in baby products is expected to drive the segment growth over the forecast period.

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Zinc Oxide for Cosmetics Application: Region-wise Outlook

Geographically, Zinc oxide for cosmetic industry is segmented on the basis of region which includes North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Middle East & Africa and Japan. North America is expected to account for substantial growth in the market during the forecast period. In the U.S. zinc oxide is one of only two UV filters approved for UVA1 protection in sun care applications which is supporting the market growth across the region. In European region zinc oxide for cosmetic industry is expected to account for favorable growth. Government approval regarding the usage of zinc oxide in beauty product is expected to drive the market growth in the region. For instance in October 2015, European Commission Standing Committee approved the usage of zinc oxide as an UV filter in beauty product, which ruled out to be used from May 2016. After that many companies like Croda started using it in their sunscreen products. While Asia pacific is expected account for robust growth in the market by 2026. Increasing usage of cosmetics products specially the skin care products is expected to fuel the market growth across the region. It has been projected that by 2019, approximately 80.0% of global skin care products revenue will come from Asia Pacific, with China is expected to account for more than 70.0% of revenue share. 

Zinc Oxide for Cosmetics Application: Drivers

Increasing government approval regarding the usage of zinc oxide as an UV filter in skin care products is expected to drive the market growth in the near future. Moreover, continuous research and development such as in 2012, Nanophase Technology Corporation expanded into a cosmetics realm with the development of new larger size zinc oxide product is further expected to fuel the market growth across the globe.

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Zinc Oxide for Cosmetics Application: Key Players

Some of the key international players operating in market includes Symrise, Ashland Specialty Chemical BASF SE, Croda International plc, Kobo Products, Merck KGaA, Sunjin Chemical Co.Ltd., Mineral and Pigment Solutions, Inc. Evonik Industries AG, and TRI-K Industries, Inc. among others.

The report covers exhaustive analysis on: Zinc Oxide for Cosmetics Application Market Segments
Zinc Oxide for Cosmetics Application Market Dynamics
Historical Actual Market Size, 2014 – 2015
Zinc Oxide for Cosmetics Application Market Size & Forecast 2016 to 2026
Zinc Oxide for Cosmetics Application Market Supply & Demand Value Chain
Zinc Oxide for Cosmetics Application Market Current Trends/Issues/Challenges
Zinc Oxide for Cosmetics Application Players Competition & Companies involved
Zinc Oxide for Cosmetics Application Market Technology
Zinc Oxide for Cosmetics Application Market Value Chain
Zinc Oxide for Cosmetics Application Market Drivers and Restraints

Regional analysis for Zinc Oxide for Cosmetics Application Market includes North America
US & Canada
Latin America
Brazil, Argentina & Others
Western Europe
EU5
Nordics
Benelux
Eastern Europe
Asia Pacific
Australia and New Zealand (ANZ)
Greater China
India
ASEAN
Rest of Asia Pacific
Japan
Middle East and Africa
GCC Countries
Other Middle East
North Africa
South Africa
Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and regions.

Report Highlights: Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint

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