Selbyville, Delaware, Oct. 31, 2019 (GLOBE NEWSWIRE) --
The nano zinc oxide market revenue is projected to cross USD 800 million by 2026, according to forecast analysis by Global Market Insights, Inc. Combination of zinc oxide nanostructures with nanocellulose and graphene for the reduced shape, structure and size will significantly propel nano zinc oxide market demand in electronics application.
Rising product developments in nanomaterials are providing a positive outlook for metal oxide nanoparticles in the biomedical fields. Increasing application of product in anticancer drug, antibacterial & antimicrobial, gene delivery, cell imaging and biosensing medicines will create lucrative opportunities for market players. Ease of incorporation, stable structures, low health impacts are few factors that will contribute to metal oxide popularity in biomedical science.
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Proliferating cosmetics industry shall propel zinc oxides nanoparticle demand
Nanoparticle zinc oxides are utilized in sunscreens for providing better UVA protection. Ongoing improvisations in regulatory requirements for advanced formulations will positively influence the safety and effectiveness of sunscreens. Moreover, introduction of new products complying with recent standards will escalate nano zinc oxide market over the forecast timeframe. Shifting consumer inclination towards utilizing safe and reliable cosmetic products is likely to propel the industry size over the forecast timeframe.
Coated segment shall have considerable growth rate
Nano zinc oxide market is broadly segmented into coated and un-coated variants. In past few years, un-coated nano zinc oxide held a major share in the market. However, the coated variants of nano zinc oxide grained traction on account of enhanced functionality that it rendered to the final product, including high UV protection. Additionally, the product performed reasonably over the mentioned period. These trends governed the increased produce over the specified time period.
Sunscreen will likely to remain largest application
Nano zinc oxide is used in broad range of applications across multiple domains. Preparation of sunscreen holds the largest proportion in terms of consumption of nano zinc oxide. They are observed to provide greater UV protection function as compared to other minerals used in sunscreen and personal care products. Hence, on account of these properties, product demand was observed to increase over the mentioned period.
Browse key industry insights spread across 226 pages with 365 market data tables & 18 figures & charts from the report, “Nano Zinc Oxide Market Size By Product (Coated Nano ZnO, Un-coated Nano ZnO), By Application (Personal Care & Cosmetics, Paints & Coatings, Textiles, Electronics), Industry Analysis Report, Development Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/nano-zinc-oxide-market
Asia Pacific and Latin America shall become key nano zinc oxide markets
Asia Pacific and Latin America is witnessing strong growth prospects owing to improving economic condition, increased disposable income and subsequent surge in consumption of personal care and cosmetics products. Emerging new economic power houses such as India, China and Brazil along with growing population in these two regions shall have positive impact on overall market product market demand.
Industry players enhancing their distribution capacity
Companies are taking extra efforts to enhance distribution capacity in order to penetrate into new markets and expand market share. For instance, in January 2018, Biesterfeld Spezialchemie a manufacturer of chemical additives and products announced its agreement with Grillo to distribute its zinc oxide products in Poland, Spain, Italy, UK, and France. This partnership will enable company to expand its distribution operations in Europe catering to growing market. Key players engaged in nano zinc oxide market share are BASF, Strem Chemicals Inc, NYACOL Nano Technologies Inc., Showa Denko, Sakai Chemical Industry, Meliorum Technologies Inc., Inframat Advanced Materials, and SkySpring Nanomaterials Inc.
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Partial chapter from report table of contents (TOC):
Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Definitions & forecast parameters
1.1.1.1 Market definitions
1.1.1.2 Market estimation & Forecast parameters
1.2 Data sources
1.2.1 Primary
1.2.2 Secondary
Chapter 2 Executive Summary
2.1 Nano Zinc oxide industry 360° synopsis, 2014 – 2026
2.1.1 Business trends
2.1.3 Product trends
2.1.4 Application trends
2.1.5 Regional trends
Chapter 3 Nano Zinc Oxide Industry Insights
3.1 Industry segmentation
3.2 Industry size and forecast, 2014 – 2026
3.3 Industry ecosystem analysis
3.3.1 Profit margin analysis
3.3.2 Value addition
3.3.3 Distribution channel analysis
3.3.4 Upstream/Suppliers Analysis
3.3.5 Market Channel Analysis
3.3.6 Downstream Buyers/End Users
3.3.7 Vendor Matrix
3.3.7.1 List of key manufacturers
3.3.7.2 List of key/potential customers
3.4 Industry impact forces
3.4.1 Growth drivers
3.4.1.1 Rising adoption in biomedical fields
3.4.1.2 Proliferating cosmetics industry
3.4.2 Opportunities
3.4.1.1 Increasing implementation in animal feeding/grazing
3.4.3 Industry pitfalls & challenges
3.4.2.1 Increasing environmental & health issues
3.5 Regulatory landscape
3.5.1 U.S.
3.5.2 Europe
3.5.3 China
3.6 Pricing analysis
3.6.1 Regional pricing
3.6.2 Product pricing
3.6.3 Cost structure analysis
3.6.3.1 R&D cost
3.6.3.2 Manufacturing & equipment cost
3.6.3.3 Raw material cost
3.6.3.4 Distribution cost
3.6.3.5 Operations cost
3.6.3.6 Miscellaneous cost
3.7 Innovation & sustainability
3.7.1 Technology landscape
3.7.2 Patent analysis
3.7.3 Potential customers
3.7.4 Policy Dynamics
3.7.5 Export of Nano Zinc Oxide by Country
3.7.6 Import of Nano Zinc Oxide by Country
3.7.7 Balance of Trade
3.7 Growth potential analysis
3.9 Porter’s Analysis
3.9.1 Supplier Power
3.9.2 Buyer Power
3.9.3 Threat of new entrants
3.9.4 Threat of substitutes
3.9.5 Industry rivalry
3.10 Company market share analysis, 2017
3.10.1 Strategy dashboard
3.11 PESTEL analysis
Browse Related Report:
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https://www.gminsights.com/industry-analysis/food-minerals-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.