The factor which has been majorly driving the growth of the zirconium chloride market is the increasing demand for paints, coating and inks. It is extensively used in paints, coating and inks due to its fast drying property which helps in smooth application of the paints, coating and inks and also aids in the drying process. Additionally, zirconium oxychloride market has been witnessing an increase in the application in various other industries such as textiles, rubber and ceramics among others. With a substantial and stable growth in various industries, the growth in the zirconium chloride market is also expected over the coming years.
Zirconium chloride is widely used as a drying agent in paints, varnishes, cost and inks. It is also used in the production of the refractory materials which are high in temperature such as opacifiers in enamels, glazes and glass polishing. Additionally, zirconium oxychloride finds application in dying of textiles, fire proof materials, and water repellents among others. Zirconium oxychloride is also used in the manufacturing of cosmetic and personal care products such as antiperspirants.
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Asia-Pacific is expected to dominate the zirconium chloride market. This is due to the growth in various end user industries such as cosmetics and personal care, medical, paints, coatings and inks, textile among more. China is expected to hold the position of the market leader. India is also anticipated to gain a significant market share.
The report presents in-depth insights into each of the leading zirconium oxychloride market end user verticals along with annual forecasts to 2029. The report provides revenue forecast with sales, and sales growth rate of the global zirconium oxychloride market. The forecasts are also provided with respect to the product, application, and regional segments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.
The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Top 10 leading companies in the global zirconium oxychloride market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and products and services. The key players operating in the global zirconium oxychloride industry include Major players analyzed include Guangdong Dongfang Zirconium Technology Co., Ltd., Henan Billions Chemicals Co. Ltd., Zr-Valley Science & Technology Co. Ltd.
Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.
Key Benefits
- The report provides a qualitative and quantitative analysis of the current zirconium oxychloride market trends, forecasts, and market size from 2022 to 2029 to determine the prevailing opportunities.
- Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
- Top impacting factors & major investment pockets are highlighted in the research.
- The major countries in each region are analyzed and their revenue contribution is mentioned.
- The market report also provides an understanding of the current position of the market players active in the zirconium oxychloride industry.
Highlights of the Report
- Competitive landscape of the zirconium oxychloride market.
- Revenue generated by each segment of the zirconium oxychloride market by 2029.
- Factors expected to drive and create new opportunities in the zirconium oxychloride industry.
- Strategies to gain sustainable growth of the market.
- Region that would create lucrative business opportunities during the forecast period.
- Top impacting factors of the zirconium oxychloride market.
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