Market Size of Zinc Oxide Pigments Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 3.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Zinc Oxide Pigments Market Analysis
The market for zinc oxide pigments is expected to register a CAGR of over 3% during the forecast period. The primary factor driving the market studied is the increasing demand for paints and coating. On the flip side, unfavorable conditions arising due to the COVID-19 outbreak are hindering the growth of the market.
The paints and coatings segment is expected to dominate the zinc oxide pigments market over the forecast period.
The Asia-Pacific region represents the largest market, and it is also expected to be the fastest-growing market over the forecast period due to the increasing consumption from countries like China, India, and Japan.