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Zinc Oxide Nanoparticle Market to Hit $835.8 Million by 2034, Growing at a 7% CAGR, Says Fact.MR


News provided by

Fact.MR

29 Jul, 2024, 10:30 GMT

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Increasing Focus on Skin Health and Implications of UV Exposure Leading to the Use of Zinc Oxide Nanoparticles in the Production of Sunscreens.

ROCKVILLE, Md., July 29, 2024 /PRNewswire/ -- The global Zinc Oxide Nanoparticle Market is estimated at US$ 424.9 million in 2024. According to a recently updated report by Fact.MR, the market is forecasted to expand at 7% CAGR from 2024 to 2034 and is projected to reach a value of US$ 835.8 million by 2034.

Zinc oxide nanoparticles are inorganic and have diameters less than 100 nanometers. They possess unique properties such as antibacterial, antifungal, anticorrosive, catalytic, and UV filtering. Zinc oxide nanoparticles are known for their sun protection properties and are a common ingredient in sunscreens that provide broad-spectrum protection against harmful UVA and UVB rays.

As people across the world become more aware of the importance of skin health, the demand for zinc oxide in skincare and sun care products increases. Another significant use of ZnO nanoparticles is in biomedicine, especially in anticancer and anti-bacterial applications. These nanoparticles can produce an excess of reactive oxygen species, release zinc ions, and induce cell apoptosis.

The market is being influenced by the rising adoption of these nanoparticles in various fields such as paints & coatings, textiles, and electronics. The unique physiochemical properties of zinc oxide nanoparticles make them highly desirable in these industries. The global zinc oxide nanoparticle market is on a growth trajectory, fueled by its wide-ranging applications in various industries and the unique properties of the nanoparticles.

For More Insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=4790 

Key Takeaways from the Zinc Oxide Nanoparticle Market Study:

  • The North American market is projected to expand at 7.9% CAGR from 2024 to 2034.
  • East Asia is analyzed to account for 24.6% of the global market share by 2034-end.
  • Sales of zinc oxide nanoparticles in Japan are projected to rise at 7.3% CAGR from 2024 to 2034.
  • Sales of plastic cross-linking agents are projected to reach US$ 379.4 million by the end of 2034.
  • The market in Canada is forecasted to expand at 7.6% CAGR through 2034.

"Use of zinc oxide nanoparticles in biomedical applications, such as anticancer and antibacterial treatments, is influencing sales. Ongoing R&D unveils new applications, fostering demand for innovative and sustainable solutions across various sectors," says a Fact.MR analyst.

Market Developments:

The zinc oxide nanoparticle market is highly competitive with several companies aiming to capture a higher market share. Key players in this market are ALTANA, American Elements, Anhui Linghu Paint Co., Ltd, BASF, and Croda.

  • In 2023, Bruggemann declared the successful inauguration of a new chemical production facility at the Heilbronn location. The facility utilizes 15,000 metric tons of biomass annually to heat the equipment. This strategic move by Bruggemann is expected to bolster its foothold in the growing carbon-neutral manufacturing sector.

Zinc Oxide Nanoparticle Industry News:

  • In 2022, Aterian declared a collaboration with United S. Zinc and EverZinc to form the largest specialty zinc company in the world. The objective of this partnership was to manufacture zinc chemical products for the leading global zinc chemistry enterprise.

Get Customization on this Report for Specific Research Solutions: 
https://www.factmr.com/connectus/sample?flag=S&rep_id=4790

Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Grade:

  • Coated
  • Uncoated

Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Production Method:

  • Direct
  • Indirect

Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Primary Function:

  • UV Shielding Agents
  • Antibacterial & Antifungal Agents
  • Plastic Cross-Linking Agents

Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application:

  • Cosmetics & Personal Care
  • Paints & Coatings
  • Polymers & Textiles

More Valuable Insights:

Fact.MR, in its new offering, presents an unbiased analysis of the zinc oxide nanoparticle market for 2019 to 2023 and forecasts market statistics for 2024 to 2034.

The study divulges essential insights into the market based on production method (direct, indirect), grade (coated, uncoated), primary function (UV shielding agent, antibacterial & antifungal agent, plastic cross-linking agent), and application (cosmetics & personal care, paints & coatings, polymers & textiles), across seven major regions of the world (North America, Latin America, Eastern Europe, Western Europe, East Asia, South Asia & Pacific, and MEA).

Check out More Related Studies Published by Fact.MR:

Paints and Coatings Market: Size is estimated to be valued at US$ 160,054.3 Million in 2023 and it is expected to grow at a CAGR of 5.1% to reach US$ 263,205.3 Million by the end of 2033.

Zinc Sulphate Market: Size is valued to be US$ 1.9 billion in 2023 and it is anticipated to grow at a CAGR of 6.7% to reach US$ 3.7 billion by the end of 2033.

Antimicrobial Coatings Market: Size is valued at US$ 3.4 Billion in 2021. the market is expected to reach a valuation of US$ 12.5 Billion by 2032 with 12.9% projected growth during 2022-2032.

Titanium Dioxide Nanoparticles Market: Size is valued to be US$ 242.2 million in 2023 and it is anticipated to grow at a CAGR of 6.2% to reach US$ 442.0 million by the end of 2033.

Metal Coatings Market: Size is estimated at USD 15.3 Billion in 2022 and is forecast to reach USD 30.8 Billion by 2032, growing at a CAGR of 6.9% during 2022-2032.

Wood Coatings Market: Size is expected to continue its upward trend with an estimated value of US$ 9.7 billion in FY 2022, indicating growth from its 2021 valuation of US$ 9.2 billion.

Sodium Propionate Market is forecasted to expand at 3.9% CAGR to increase to a size of US$ 247.1 million by the end of 2034.

Fermentation Chemical Market size is forecasted to expand at a CAGR of 5.2% to climb to a value of US$ 140.1 billion by the end of 2034.

Capryl Glucoside Market size will expand at a CAGR of 5.9% to reach a size of US$ 422.7 million by the end of 2034.

Nickel Acetate Market is set to reach a valuation of US$ 57.5 million in 2024 and further expand at a CAGR of 4.1% to end up at US$ 85.9 million by the year 2034.

Electronic Chemicals & Materials Market is forecasted to expand at a CAGR of 5.9% to climb to US$ 127.1 billion by 2034.

About Us:

Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning.

With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay competitive. 

Contact:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Sales Team: sales@factmr.com 
Follow Us: LinkedIn | Twitter | Blog

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