PUBLISHER: TechNavio | PRODUCT CODE: 1581752
PUBLISHER: TechNavio | PRODUCT CODE: 1581752
The zinc chloride market is forecasted to grow by USD 173.3 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the zinc chloride market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of zinc chloride as a coagulant in the automotive industry, rising demand in the oil and gas and chemical industries, and rising demand in liquid fertilizers applications.
Technavio's zinc chloride market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.23% |
CAGR | 4.5% |
Incremental Value | $173.3 mn |
By Application
By Geographical Landscape
This study identifies the increasing usage in the textile processing industry as one of the prime reasons driving the zinc chloride market growth during the next few years. Also, increasing synthesis of chemicals and vital role in maintaining the human immune system will lead to sizable demand in the market.
The report on the zinc chloride market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading zinc chloride market vendors that include AUREA SA, American Elements, Benzer Multitech India Pvt. Ltd., Eurocontal SA, Global Chemical Co. Ltd., Haihang Industry Co. Ltd., Haryana Chemical Industries, Merck KGaA, Pan Continental Chemical Co. Ltd., PT. INDO LYSAGHT, SA Lipmes, Shanxi Wencheng Chemical Co. Ltd., Tianjin Nanping Chemical Co. Ltd., TIB Chemicals AG, Vinipul Inorganics Pvt. Ltd., Vishnupriya Chemicals Pvt. Ltd., Weifang Hengfeng Zinc Industry, and Zaclon LLC. Also, the zinc chloride market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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