Global Zinc Oxide Pigments Market: Overview
Zinc oxide is an inorganic compound, which is insoluble in water and finds use as additives for ceramics, glass, pigments, paints, adhesives, lubricants, plastic, and food. Due to the increasing application of zinc oxide pigments across diverse industries, their demand is increasing at a considerable pace. For instance, zinc oxide pigments find application across agriculture, brick kilns, electronic, pharmaceutical, paint, rubber, ceramic, glass compositions, metallurgical, and chemicals industries, which has a significant role to play in the growth witnessed by the global zinc oxide pigments market over the last few years.
The report provides an executive-level blueprint of the global zinc oxide pigments market covering in detail various growth drivers and restraints. It includes results obtained via proven research methodologies aimed at providing key market insights. The effect of Porter’s five forces on the market is studied as well to help readers gain better perspective about the overall operations.
Global Zinc Oxide Pigments Market: Trends and Opportunities
The increasing demands for enhanced fuel efficiency in automobiles is positively influencing the global zinc oxide pigments market’s trajectory. Zinc oxide pigments show anti-corrosion, anti-oxidants, and high cohesion properties. These pigments can form thin film over metal parts as well to improve lubricity and longevity of automobile engines. If mixed with additives, zinc oxide pigments can cater to specific requirements of the lubricants and paint industries. Since these pigments have a high heat conductivity, ensures resistance to compression, and have sulfur neutralizing ability, they play a crucial role in the rubber-making process. Spurred by these factors, the global zinc oxide pigments market is steered towards strong growth. In addition, the market is also gaining from the increasing disposable income and higher automotive sales in emerging nations.
On the downside, price hikes and volatile currency exchange are creating bottlenecks for enterprises operating in the global zinc oxide pigments market. This negative impact however has greater impact on importing markets. Nevertheless, the increasing demand for end-use products in rubber, paint, ceramics, and pharmaceutical industries is expected to boost monetization of R&D projects, which in turn will give the market impetus in the forthcoming years.
Global Zinc Oxide Pigments Market: Regional Outlook
The global market for zinc oxide pigments is expected to gain pace, bolstered by the rapid growth in end user industries. Because China is one of the leading manufacturers of zinc oxide pigment, Asia Pacific’s exhibits dominance in the global market. Zinc oxide pigments have a unique set of physical and chemical properties due to which their application is persistently increasing in Asia Pacific’s electronics industry. Besides this, the market also witnesses lucrative opportunities in Europe and North America, backed by their strong industrial infrastructure.
Global Zinc Oxide Pigments Market: Vendor Landscape
For a holistic market overview, the report also presents a detailed evaluation of the prevailing vendor landscape. For the purpose of the study, it therefore profiles companies such as Hakusui Tech Company Ltd, BASF SE, Industrias Penoles, Hindustan Zinc Ltd., Teck Cominco Ltd., New Boliden AB, Zinifex Ltd., Pan-Continental Chemical Co. Ltd., Korea Zinc Company Ltd, Xstrata Plc., and others.
The analysis covers information and observation regarding the company’s financial performance over the years, business strategies adopted by the leading players and impact of the same on the overall market, the latest mergers and acquisitions, and the results of SWOT analysis.
Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.