ZINC CARBONATE MARKET ANALYSIS

Zinc Carbonate MarketSize and Trends

Market Outlook

Global zinc carbonate market size is expected to increase significantly, owing to increasing demand for zinc carbonate from various industries during the forecast period. Growing use of zinc carbonate in the cosmetic industry is expected to impel the market growth. The cosmetic industry is growing at significant rate and was valued at over US$ 330.05 billion in 2016. Increasing the disposable income of population around the globe and rising importance of grooming is expected to boost the market growth in the near future. Furthermore, zinc carbonate is widely used in the chemical fertilizer industry. Farmers are opting for chemical fertilizers to gain better crop yield, which is expected to increase the demand for zinc carbonate and thereby, drive growth of the market. Moreover, increasing use of zinc carbonate in rubber industry is likely to propel the market growth during the forecast period. Zinc carbonate is used in chemical process in transparent rubber mixtures, which is expected to boost growth of the market.

Market Trends