Report ID: UCMIG15E2102
Report ID:
UCMIG15E2102 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global nano zinc oxide market size was valued at over USD 300 million in 2018 and is expected to witness a CAGR of 13.1% during the forecast period. Nano zinc oxide dispersions and powders are inorganic zinc oxide nanoparticles that exhibit various properties such as antibacterial, antifungal, anticorrosive, catalytic, and UV filtering capabilities. These nanoparticles have a diameter of less than 100 nanometers, which results in a large surface area in proportion to their size and high catalytic activity. As a result, they find applications in a wide range of industries, and the demand for nano zinc oxide is expected to increase significantly in the coming years.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialty Chemicals by segment aggregation, the contribution of the Specialty Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG15E2102