Nano Zinc Oxide Market Size, Trends and Insights By Product Type (Coated Nano Zinc Oxide, Uncoated Nano Zinc Oxide), By Application (Personal Care and Cosmetics, Healthcare, Agriculture, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- BASF SE
- EverZinc
- Griller-Werke AG
- Inframat Advanced Materials LLC
- Lanxess Corporation
- Others
Reports Description
According to Custom Market Insights (CMI), The Global Nano Zinc Oxide Market size was estimated at USD 6.85 billion in 2021 and is expected to hit around USD 44.8 billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 21.53 % from 2022 to 2030.
Nano zinc oxides are tiny particles of zinc oxide with diameters less than 100 meters. It is a white powder extracted from oxidizing zinc oxide particles. It has high catalytic and a high surface area, predominantly used in various end-use industries such as rubber, paints and coatings, personal care and cosmetics, textile, and others.
The global nano zinc oxide market is evolving, and companies are now focusing more on strengthening and consolidating R&D activities, thereby increasing the production capacity of nano zinc oxide thus, driving the market growth by catering to the need for nano zinc oxide in various end-use industries.
Growth Factors.
The growing use of nano zinc oxide in the cosmetics and pharmaceutical sectors will aid market growth.
The cosmetics and personal care sector is one of the emerging sectors globally where nano zinc oxide is extensively used to formulate various skincare and body care products such as lotions, face creams, gels, and moisturizers to protect the skin from U.V. rays. The growing demand from the cosmetics and personal care industry has increased the potential sales of nano zinc oxide in the market.
The growth of the nano zinc oxide market is driven by urbanization, an increase in disposable income, the adoption of western culture, and an increase in fashion consciousness among people has surged the demand for the textile industry. In addition, Nano zinc oxide is gaining popularity in the textile sector due to its antibacterial property, where it is applied on cotton fabrics as a finishing agent and antibacterial agent, owing to which helps in increasing the shelf life and quality of various materials and cotton. This is projected to propel the growth of the nano zinc oxide market in the textile industry.
Nano zinc oxide market segmentation.
- Nano zinc oxide Market, segmented by product Type
Depending upon the product type, the nano zinc oxide market is segmented as coated nano zinc oxide and un-coated nano zinc oxide.
The uncoated zinc oxide segment dominated the market in 2021 and is expected to grow over the forecast period. The uncoated nano zinc oxides are used for topical skincare products such as calamine lotion, diaper rash creams, and sunscreen. This is anticipated to increase the industrial sector’s demand for nano zinc oxide.
Furthermore, the coated nano zinc oxide segment is expected to show a significant growth rate during the forecast period. Due to its anti-corrosion properties, the coated nano zinc oxide is widely used in the building, construction, electronics, and manufacturing industries. This is anticipated to enhance the demand for nano zinc oxide in the pharmaceutical industry, thus, creating remunerative opportunities for the market.
- Nano zinc oxide Market, a segment based on the Application
Based on Application, the global nano zinc oxide market is studied across personal care and cosmetics, healthcare, agriculture, and others. It is expected that the global personal care and cosmetics industry segment to hold a dominant position during 2022 -2031.
Consumers widely use nano zinc oxide-containing cosmetics products such as lotions, creams, foundations, and many others due to their U.V. protection ability. The demand for nano zinc oxide is projected to grow in the cosmetics industry during the forecast period.
Furthermore, the paint and coatings segment is expected to create the most lucrative opportunities for the nano zinc oxide market. The factors such as the growing population across the globe, rise in several diseases, and government initiation & investment in the healthcare industry are significantly booming the overall growth of the nano zinc oxide, which is used as an antibacterial, antifungal, and disinfectant agent.
Another segment, such as agriculture, machinery, and textile, shows positive growth during the forecast period due to the growing demand for nano zinc oxide as a pesticide in agriculture, coating material in automotive, and formulation of drugs and vaccines in the biomedical industry has surged the overall demand for nano zinc oxide market.
Furthermore, the rise in the population increased fashion consciousness among people, and the adoption of western culture has spurred the textile industry. For instance, according to an article published by India Brand Equity Foundation in the year March 2022, the Indian textiles market is expected to be worth more than US$ 209 billion by 2029 where nano zinc oxide has been applied on cotton fabrics as an antibacterial agent, protective, resisting of U.V., and coating material for leather, various types of fabrics, yarn, and others. It also helps maintain the fabric’s quality and increases the clothes’ durability. This will enhance the textile industry’s demand for nano zinc oxide.
Report Scope
Feature of the Report | Details |
Market Size in 2021 | USD 6.85 Billion |
Projected Market Size in 2030 | USD 44.8 Billion |
CAGR Growth Rate | 21.53% CAGR (2022-2030) |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Prominent Players | BASF SE, EverZinc, Griller-Werke AG, Inframat Advanced Materials LLC, Lanxess Corporation, Nanophase Technologies Corporation, Pan-Continental Chemical Co. Ltd., Sakai Chemical Industry Co. Ltd., Showa Denko Materials Co. Ltd., Umicore N.V., American Elements, Nano Labs, U.S. Research Nanomaterials Inc., Sigma-Aldrich Co. LLC, Micronisers Pvt Ltd, and Others |
Key Segment | By Product Type, Application, and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfill your requirements for research. |
Regional Insights
Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Asia-Pacific is the dominant region in the nano zinc oxide market. This region is also anticipated to maintain its dominance throughout the forecast period. Countries such as China, Japan, India, and others have significantly contributed to the growth of the nano zinc oxide market in the region. Critical factors for developing pharmaceutical, cosmetics, and personal care products, the medical sector, agriculture, and other end-use industries have surged the demand for nano zinc oxide.
Furthermore, the pharmaceutical sector is one of the booming sectors in India. For instance, according to a report published by NITI Aayog in March 2021, India’s healthcare industry has been growing at a Compound Annual Growth Rate (CAGR) of around 22% since 2016. This rate is expected to reach USD 372 billion in 2022. These factors together increase the usage of nano zinc oxide in the growing pharmaceutical for the formulation of various creams, lotions, sunscreen creams, and many others.
In addition, countries such as Japan and Taiwan are constantly engaged in expanding their electrical & automation manufacturing output, where nano zinc oxide is widely employed as a protecting material in various electrical & electronic products. For instance, according to a report published by Hennessy Funds, Japan accounts for around 30% market for supplying factory automation products in the world. These factors increase the demand for nano zinc oxide in the Asia-Pacific region.
North America and Europe show considerable growth during the forecast period. The U.S. and Canada account for a significant share of the cosmetics and skin care products sector. Several manufacturing industries in Germany, the U.K., and other European countries have increased their production capacities for the nano zinc oxide used in various end-use industries, including textile, cosmetics, electronics, paint and coatings, and others.
Key Players
- BASF SE
- EverZinc
- Griller-Werke AG
- Inframat Advanced Materials LLC
- Lanxess Corporation
- Nanophase Technologies Corporation
- Pan-Continental Chemical Co. Ltd.
- Sakai Chemical Industry Co. Ltd.
- Showa Denko Materials Co. Ltd.
- Umicore N.V.
- American Elements
- Nano Labs
- U.S. Research Nanomaterials Inc.
- Sigma-Aldrich Co. LLC
- Micronisers Pvt Ltd
COVID-19 Analysis
The novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused considerable losses to lives and the economy around the globe.
The nano zinc oxide market has had little impact due to the wake of the COVID-19 pandemic; owing to the rise in cases of COVID-19, implementation of emergency protocols and shutdown of various operations and facilities have been observed during 2020.
Due to the spread of the coronavirus pandemic, the manufacturer has faced challenges in terms of operation and supply chain due to government restrictions during the lockdown.
However, the nano zinc oxide market faced several difficulties with material supply chain disruptions, and labor shortages, in 2020.
Furthermore, to control the surge of novel coronavirus cases, there is a drastic shift of investments from other sectors toward the cosmetics sector. Also, several nano zinc oxide-based product manufacturing companies have shut down or shrunk their operations due to the risk of infection among the workforce.
This has temporarily hampered the demand and supply chain of the nano zinc oxide market. In addition, the falling income of customers has led contraction in demand for glasses, refractory materials, and others during the COVID-19 period.
In the first quarter of 2021, the market for nano zinc oxide has experienced an increase in the demand for nano zinc oxide chemicals in pharmaceutical, healthcare, and other end-use industry worldwide, compared to 2020.
Segments covered in the Nano Zinc Oxide Market Report
By basis of process analysis
➢ Indirect process
➢ Direct process
➢ Wet chemical process
➢ Laboratory synthesis
By basis of product type Analysis
➢ Uncoated Nano Zinc Oxide
➢ Coated Nano Zinc Oxide
By basis of end-use industry Analysis
➢ Healthcare industry
➢ Agriculture industry
➢ Polymer industry
➢ Personal care
➢ Paints and coatings
➢ Chemical industry
➢ Pharmaceutical industry
➢ Glass industry
By basis of application Analysis
➢ Catalyst
➢ Additive
➢ Electrolyte
➢ Pore fillers
➢ Physical filter
On the basis of Geography
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Nano Zinc Oxide Market, (2022 – 2030) (USD Billion)
- 2.2 Global Nano Zinc Oxide Market : snapshot
- Chapter 3. Global Nano Zinc Oxide Market – Industry Analysis
- 3.1 Nano Zinc Oxide Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Use Of Nano Zinc Oxide In The Cosmetics And Pharmaceutical Sectors
- 3.2.2 Demand From The Cosmetics And Personal Care Industry
- 3.2.3 Increase In Fashion Consciousness
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Product Type
- 3.7.2 Market attractiveness analysis By Application
- Chapter 4. Global Nano Zinc Oxide Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Nano Zinc Oxide Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Nano Zinc Oxide Market – Product Type Analysis
- 5.1 Global Nano Zinc Oxide Market overview: By Product Type
- 5.1.1 Global Nano Zinc Oxide Market share, By Product Type, 2021 and 2030
- 5.2 Coated Nano Zinc Oxide
- 5.2.1 Global Nano Zinc Oxide Market by Coated Nano Zinc Oxide, 2022 – 2030 (USD Billion)
- 5.3 Uncoated Nano Zinc Oxide
- 5.3.1 Global Nano Zinc Oxide Market by Uncoated Nano Zinc Oxide, 2022 – 2030 (USD Billion)
- 5.1 Global Nano Zinc Oxide Market overview: By Product Type
- Chapter 6. Global Nano Zinc Oxide Market – Application Analysis
- 6.1 Global Nano Zinc Oxide Market overview: By Application
- 6.1.1 Global Nano Zinc Oxide Market share, By Application, 2021 and 2030
- 6.2 Personal Care and Cosmetics
- 6.2.1 Global Nano Zinc Oxide Market by Personal Care and Cosmetics, 2022 – 2030 (USD Billion)
- 6.3 Healthcare
- 6.3.1 Global Nano Zinc Oxide Market by Healthcare, 2022 – 2030 (USD Billion)
- 6.4 Agriculture
- 6.4.1 Global Nano Zinc Oxide Market by Agriculture, 2022 – 2030 (USD Billion)
- 6.1 Global Nano Zinc Oxide Market overview: By Application
- Chapter 7. Nano Zinc Oxide Market – Regional Analysis
- 7.1 Global Nano Zinc Oxide Market Regional Overview
- 7.2 Global Nano Zinc Oxide Market Share, by Region, 2021 & 2030 (USD Billion)
- 7.3. North America
- 7.3.1 North America Nano Zinc Oxide Market, 2022 – 2030 (USD Billion)
- 7.3.1.1 North America Nano Zinc Oxide Market, by Country, 2022 – 2030 (USD Billion)
- 7.3.1 North America Nano Zinc Oxide Market, 2022 – 2030 (USD Billion)
- 7.4 North America Nano Zinc Oxide Market, by Product Type, 2022 – 2030
- 7.4.1 North America Nano Zinc Oxide Market, by Product Type, 2022 – 2030 (USD Billion)
- 7.5 North America Nano Zinc Oxide Market, by Application, 2022 – 2030
- 7.5.1 North America Nano Zinc Oxide Market, by Application, 2022 – 2030 (USD Billion)
- 7.6. Europe
- 7.6.1 Europe Nano Zinc Oxide Market, 2022 – 2030 (USD Billion)
- 7.6.1.1 Europe Nano Zinc Oxide Market, by Country, 2022 – 2030 (USD Billion)
- 7.6.1 Europe Nano Zinc Oxide Market, 2022 – 2030 (USD Billion)
- 7.7 Europe Nano Zinc Oxide Market, by Product Type, 2022 – 2030
- 7.7.1 Europe Nano Zinc Oxide Market, by Product Type, 2022 – 2030 (USD Billion)
- 7.8 Europe Nano Zinc Oxide Market, by Application, 2022 – 2030
- 7.8.1 Europe Nano Zinc Oxide Market, by Application, 2022 – 2030 (USD Billion)
- 7.9. Asia Pacific
- 7.9.1 Asia Pacific Nano Zinc Oxide Market, 2022 – 2030 (USD Billion)
- 7.9.1.1 Asia Pacific Nano Zinc Oxide Market, by Country, 2022 – 2030 (USD Billion)
- 7.9.1 Asia Pacific Nano Zinc Oxide Market, 2022 – 2030 (USD Billion)
- 7.10 Asia Pacific Nano Zinc Oxide Market, by Product Type, 2022 – 2030
- 7.10.1 Asia Pacific Nano Zinc Oxide Market, by Product Type, 2022 – 2030 (USD Billion)
- 7.11 Asia Pacific Nano Zinc Oxide Market, by Application, 2022 – 2030
- 7.11.1 Asia Pacific Nano Zinc Oxide Market, by Application, 2022 – 2030 (USD Billion)
- 7.12. Latin America
- 7.12.1 Latin America Nano Zinc Oxide Market, 2022 – 2030 (USD Billion)
- 7.12.1.1 Latin America Nano Zinc Oxide Market, by Country, 2022 – 2030 (USD Billion)
- 7.12.1 Latin America Nano Zinc Oxide Market, 2022 – 2030 (USD Billion)
- 7.13 Latin America Nano Zinc Oxide Market, by Product Type, 2022 – 2030
- 7.13.1 Latin America Nano Zinc Oxide Market, by Product Type, 2022 – 2030 (USD Billion)
- 7.14 Latin America Nano Zinc Oxide Market, by Application, 2022 – 2030
- 7.14.1 Latin America Nano Zinc Oxide Market, by Application, 2022 – 2030 (USD Billion)
- 7.15. The Middle-East and Africa
- 7.15.1 The Middle-East and Africa Nano Zinc Oxide Market, 2022 – 2030 (USD Billion)
- 7.15.1.1 The Middle-East and Africa Nano Zinc Oxide Market, by Country, 2022 – 2030 (USD Billion)
- 7.15.1 The Middle-East and Africa Nano Zinc Oxide Market, 2022 – 2030 (USD Billion)
- 7.16 The Middle-East and Africa Nano Zinc Oxide Market, by Product Type, 2022 – 2030
- 7.16.1 The Middle-East and Africa Nano Zinc Oxide Market, by Product Type, 2022 – 2030 (USD Billion)
- 7.17 The Middle-East and Africa Nano Zinc Oxide Market, by Application, 2022 – 2030
- 7.17.1 The Middle-East and Africa Nano Zinc Oxide Market, by Application, 2022 – 2030 (USD Billion)
- Chapter 8. Company Profiles
- 8.1 BASF SE
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 Everzinc
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 Griller-Werke AG
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 Inframat Advanced Materials LLC
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 Lanxess Corporation
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 Nanophase Technologies Corporation
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 Pan-Continental Chemical Co. Ltd.
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 Sakai Chemical Industry Co. Ltd.
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 Showa Denko Materials Co. Ltd.
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 Umicore N.V.
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.11 American Elements
- 8.11.1 Overview
- 8.11.2 Financials
- 8.11.3 Product Portfolio
- 8.11.4 Business Strategy
- 8.11.5 Recent Developments
- 8.12 Nano Labs
- 8.12.1 Overview
- 8.12.2 Financials
- 8.12.3 Product Portfolio
- 8.12.4 Business Strategy
- 8.12.5 Recent Developments
- 8.13 U.S. Research Nanomaterials Inc.
- 8.13.1 Overview
- 8.13.2 Financials
- 8.13.3 Product Portfolio
- 8.13.4 Business Strategy
- 8.13.5 Recent Developments
- 8.14 Sigma-Aldrich Co. LLC
- 8.14.1 Overview
- 8.14.2 Financials
- 8.14.3 Product Portfolio
- 8.14.4 Business Strategy
- 8.14.5 Recent Developments
- 8.15 Micronisers Pvt Ltd
- 8.15.1 Overview
- 8.15.2 Financials
- 8.15.3 Product Portfolio
- 8.15.4 Business Strategy
- 8.15.5 Recent Developments
- 8.1 BASF SE
List Of Figures
Figures No 1 to 19
List Of Tables
Tables No 1 to 52
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
|
|
Demand-side |
|
|
Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
|
|
Key Players
- BASF SE
- EverZinc
- Griller-Werke AG
- Inframat Advanced Materials LLC
- Lanxess Corporation
- Nanophase Technologies Corporation
- Pan-Continental Chemical Co. Ltd.
- Sakai Chemical Industry Co. Ltd.
- Showa Denko Materials Co. Ltd.
- Umicore N.V.
- American Elements
- Nano Labs
- U.S. Research Nanomaterials Inc.
- Sigma-Aldrich Co. LLC
- Micronisers Pvt Ltd
- Others
FAQs
“Asia-Pacific” region will lead the global Nano Zinc Oxide market during the forecast period 2022 to 2030.
The key factors driving the market
Use Of Nano Zinc Oxide In The Cosmetics And Pharmaceutical Sectors, Demand From The Cosmetics And Personal Care Industry, Increase In Fashion Consciousness
The key players operating in the Nano Zinc Oxide market are BASF SE, EverZinc, Griller-Werke AG, Inframat Advanced Materials LLC, Lanxess Corporation, Nanophase Technologies Corporation, Pan-Continental Chemical Co. Ltd., Sakai Chemical Industry Co. Ltd., Showa Denko Materials Co. Ltd.,
Umicore N.V., American Elements, Nano Labs, US Research Nanomaterials Inc., Sigma-Aldrich Co. LLC, Micronisers Pvt Ltd.
The global Nano Zinc Oxide market is expanding growth with a CAGR of approximately 21.53% during the forecast period (2022 to 2030).
The global Nano Zinc Oxide market size was valued at USD 6.85 Billion in 2021 and it is projected to reach around USD 44.8 Billion by 2030.