US Zinc Oxide Market
ID: MRFR/CnM/18596-US | 100 Pages | Author: MRFR Research Team| December 2023
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US Zinc Oxide Market Overview
The demand for zinc oxide in the United States market has been witnessing a steady rise due to its versatile applications across various industries. Zinc oxide, a white powdery compound, is primarily used in the production of rubber, ceramics, chemicals, plastics, and cosmetics, among other sectors. One of the key drivers of the demand for zinc oxide is its widespread use in the rubber industry for manufacturing tires, belts, hoses, and other rubber products. With the growing automotive industry in the United States, there has been a consistent demand for tires, which in turn has fueled the need for zinc oxide as a crucial ingredient in rubber compounding.North America accounted for a 21% share in 2018 and expected to register a 4.5% CAGR during the forecast period by increasing the production of tire manufacturing companies and cosmetic products.
Furthermore, the construction industry in the United States is another major consumer of zinc oxide, primarily for its application in the production of ceramics and glass. Zinc oxide is used as a flux in ceramic glazes to enhance the brightness, opacity, and durability of ceramic products. Additionally, it serves as a key ingredient in the production of glass, imparting various properties such as UV absorption, optical clarity, and scratch resistance, which are essential in architectural and automotive glass applications.
Moreover, the chemical industry in the United States relies heavily on zinc oxide for the production of various chemicals and compounds. Zinc oxide is used as a catalyst in chemical reactions, as well as in the manufacturing of pigments, paints, coatings, and adhesives. The demand for these chemical products across diverse sectors such as construction, automotive, electronics, and packaging drives the demand for zinc oxide as a vital raw material.
In addition to its industrial applications, zinc oxide is extensively used in the cosmetics and personal care industry for its sunscreen and UV protection properties. With the growing awareness of the harmful effects of UV radiation on skin health, there has been a significant demand for sunscreen and skincare products containing zinc oxide as a safe and effective UV blocker. The cosmetic industry in the United States has witnessed a surge in the production and consumption of zinc oxide-based skincare products, contributing to the overall demand for this compound.
Furthermore, the healthcare industry in the United States utilizes zinc oxide in various medical applications, including pharmaceuticals, ointments, and medical devices. Zinc oxide is known for its antiseptic, astringent, and antibacterial properties, making it a valuable ingredient in topical ointments and creams for treating skin conditions such as burns, wounds, and diaper rash. Additionally, zinc oxide-based medical devices, such as bandages and dressings, are widely used in wound care and surgical applications, further driving the demand for this compound in the healthcare sector.
However, despite the positive growth prospects, the US zinc oxide market also faces certain challenges, including raw material price volatility, regulatory constraints, and competition from substitutes. Fluctuations in the prices of zinc metal, which is the primary raw material for producing zinc oxide, can impact the overall cost of production and pricing competitiveness for manufacturers. Moreover, stringent regulations regarding environmental protection and workplace safety add to the compliance costs for companies operating in the zinc oxide market.
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