Product Code: 136963-05-23
Zinc Chloride Market is Expected to Grow at 4.5% by 2031. Zinc chloride is a deliquescent salt, white in color which forms acidic solutions in polar organic solvents such as acetone, ether, ethanol, and with water. It is also known to be hygroscopic and therefore needs to be protected from water vapor or any other sources of moisture. Neutral solutions of zinc chloride can be prepared with zinc chloride and acetone. Zinc chloride is known as Lewis acid and hence is electrophilic in nature. Its catalytic activity is lower as compared to aluminum chloride in Friedel-Crafts types of reactions. Zinc chloride is particularly effective in catalyzing reactions which eliminate mercaptans or ammonia and water.
Zinc chloride has a wide range of applications in various end-user industries. Some applications include Soldering, galvanizing, and tinning of fluxes. Heat decomposes moist fluxes based on zinc chloride which forms hydrochloric acid. This acid helps the removal of salts and oxides from metal surfaces which helps in good metal-to-metal bonding. Odor control is another application of zinc chloride due to which it is in high demand in the market. The reaction of zinc chloride with sulfide minimizes the release of H2S gas in wastewater treatment facilities, thus controlling odor. Vulcanization of rubber is the major application of zinc chloride among others. Zinc chloride is widely used in the rubber industry. Zinc chloride helps dissolve cellulosic fibers in the scrap and catalyzes depolymerization of the elastomer. Zinc chloride is used for many other applications such as organic synthesis, liquid fertilizer, textile finishing, wood preservatives, and dry cell batteries.
Growing demand for zinc chloride from the chemical industry is anticipated to boost the growth of the global zinc chloride market. Escalating demand from the textile industry is another factor contributing to the demand for zinc chloride in the market. Side effects of zinc chloride and the availability of safer alternatives is expected to hinder the growth of the global zinc chloride market. However, rising research and development activities for applications of zinc chloride are projected to fuel market growth during the forecast period.
Key Players Identified for the Zinc Chloride Market Include but are Not Limited to:
American Elements, Apex Chemicals Corporation, Eurocontal SA, Flaurea Chemicals, Global Chemicals Co., Ltd, TIB Chemicals AG, Vijaychem Industries, Weifang Dongfangsheng Chemical Co., Ltd., and Zalcon LLC among others.
Historical & Forecast Period
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2023 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Zinc Chloride market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report:
Micro and macro environment factors that are currently influencing the Zinc Chloride market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Segmentation
Applications
- Metallurgical Fluxes
- Chemical Synthesis
- Textile Processing
- Wood Preservatives
- Others (Petroleum, Dry Cell, etc.)
Region Segment (2021-2031; US$ Million)
- North America
- U.S.
- Canada
- Rest of North America
- UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Key questions answered in this report:
- What are the key micro and macro environmental factors that are impacting the growth of Zinc Chloride market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2031.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Zinc Chloride market?
- Which is the largest regional market for Zinc Chloride market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Zinc Chloride market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Zinc Chloride market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Zinc Chloride Market
- 2.2. Global Zinc Chloride Market, By Applications, 2022 (US$ Million)
- 2.3. Global Zinc Chloride Market, By Geography, 2022 (US$ Million)
- 2.4. Attractive Investment Proposition by Geography, 2022
3. Zinc Chloride Market: Competitive Analysis
- 3.1. Market Positioning of Key Zinc Chloride Market Vendors
- 3.2. Strategies Adopted by Zinc Chloride Market Vendors
- 3.3. Key Industry Strategies
- 3.4. Tier Analysis 2022 Versus 2031
4. Zinc Chloride Market: Macro Analysis & Market Dynamics
- 4.1. Introduction
- 4.2. Global Zinc Chloride Market Value, 2021 - 2031, (US$ Million)
- 4.3. Market Dynamics
- 4.3.1. Market Drivers
- 4.3.2. Market Restraints
- 4.3.3. Key Challenges
- 4.3.4. Key Opportunities
- 4.4. Impact Analysis of Drivers and Restraints
- 4.5. See-Saw Analysis
5. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2022 Versus 2031
- 5.3. Market Segmentation
- 5.3.1. Metallurgical Fluxes
- 5.3.2. Chemical Synthesis
- 5.3.3. Textile Processing
- 5.3.4. Wood Preservatives
- 5.3.5. Others (Petroleum, Dry Cell, etc.)
6. North America Zinc Chloride Market, 2021-2031, USD (Million)
- 6.1. Market Overview
- 6.2. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 6.3.Zinc Chloride Market: By Region, 2021-2031, USD (Million)
- 6.3.1.North America
- 6.3.1.1. U.S.
- 6.3.1.1.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 6.3.1.2. Canada
- 6.3.1.2.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 6.3.1.3. Rest of North America
- 6.3.1.3.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
7. UK and European Union Zinc Chloride Market, 2021-2031, USD (Million)
- 7.1. Market Overview
- 7.2. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 7.3.Zinc Chloride Market: By Region, 2021-2031, USD (Million)
- 7.3.1.UK and European Union
- 7.3.1.1. UK
- 7.3.1.1.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 7.3.1.2. Germany
- 7.3.1.2.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 7.3.1.3. Spain
- 7.3.1.3.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 7.3.1.4. Italy
- 7.3.1.4.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 7.3.1.5. France
- 7.3.1.5.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 7.3.1.6. Rest of Europe
- 7.3.1.6.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
8. Asia Pacific Zinc Chloride Market, 2021-2031, USD (Million)
- 8.1. Market Overview
- 8.2. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 8.3.Zinc Chloride Market: By Region, 2021-2031, USD (Million)
- 8.3.1.Asia Pacific
- 8.3.1.1. China
- 8.3.1.1.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 8.3.1.2. Japan
- 8.3.1.2.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 8.3.1.3. India
- 8.3.1.3.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 8.3.1.4. Australia
- 8.3.1.4.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 8.3.1.5. South Korea
- 8.3.1.5.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 8.3.1.6. Rest of Asia Pacific
- 8.3.1.6.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
9. Latin America Zinc Chloride Market, 2021-2031, USD (Million)
- 9.1. Market Overview
- 9.2. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 9.3.Zinc Chloride Market: By Region, 2021-2031, USD (Million)
- 9.3.1.Latin America
- 9.3.1.1. Brazil
- 9.3.1.1.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 9.3.1.2. Mexico
- 9.3.1.2.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 9.3.1.3. Rest of Latin America
- 9.3.1.3.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
10. Middle East and Africa Zinc Chloride Market, 2021-2031, USD (Million)
- 10.1. Market Overview
- 10.2. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 10.3.Zinc Chloride Market: By Region, 2021-2031, USD (Million)
- 10.3.1.Middle East and Africa
- 10.3.1.1. GCC
- 10.3.1.1.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 10.3.1.2. Africa
- 10.3.1.2.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
- 10.3.1.3. Rest of Middle East and Africa
- 10.3.1.3.1. Zinc Chloride Market: By Applications, 2021-2031, USD (Million)
11. Company Profile
- 11.1. American Elements
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Portfolio
- 11.1.4. Strategic Initiatives
- 11.2. Apex Chemicals Corporation
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Portfolio
- 11.2.4. Strategic Initiatives
- 11.3. Eurocontal SA
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Portfolio
- 11.3.4. Strategic Initiatives
- 11.4. Flaurea Chemicals
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Portfolio
- 11.4.4. Strategic Initiatives
- 11.5. Global Chemicals Co., Ltd
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Portfolio
- 11.5.4. Strategic Initiatives
- 11.6. TIB Chemicals AG
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Portfolio
- 11.6.4. Strategic Initiatives
- 11.7. Vijaychem Industries
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Portfolio
- 11.7.4. Strategic Initiatives
- 11.8. Weifang Dongfangsheng Chemical Co., Ltd
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Portfolio
- 11.8.4. Strategic Initiatives
- 11.9. Zalcon LLC
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Portfolio
- 11.9.4. Strategic Initiatives
- 11.10. Other Notable Players
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Portfolio
- 11.10.4. Strategic Initiatives