Market Overview: Mexico Zinc Oxide Market FY2022-2027
This reports provides an essential and dependable overview of the Mexico Zinc Oxide Market, serving as a guide for stakeholders navigating the industry’s future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.
Mexico Zinc Oxide Market Report Coverage Details:
- Base Year: 2021
- Historical Data: 2017-20
- Forecast Period: 2022-2027
- CAGR: 2.8% (2022-2027)
The Mexico Zinc Oxide Market is projected to grow at a CAGR of 2.8% during the forecast period, i.e., 2022-27.
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Mexico Zinc Oxide Market Driver:
Escalating demand for Zinc Oxide in Rubber Industry
The expansion in Mexico’s automotive industry is one of the key contributors to the rising demand for zinc oxide since it is utilized in the rubber industry for manufacturing tires & other parts. Mexico is home to tire manufacturers such as JK Tornel, Bridgestone, etc., for several passenger & commercial vehicles.
The strategic location of Mexico helps in trade between North American & Central American markets, where road transportation plays a key role. It has positively impacted the demand for trucks in the country and provided more opportunities for the players to offer truck tires.
In 2019, Cooper Tires & Rubber Company announced manufacturing a new line of tires in Jalisco, Mexico, which would include tires for passenger cars & trucks. Moreover, the growth in the e-commerce sector and increasing construction activities & mining projects in the country are anticipated to boost the demand for trucks and, in turn, for zinc oxide while manufacturing their tires
Mexico Zinc Oxide Market Segmentation Analysis – FY2022-2027
Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the Mexico Zinc Oxide Market (2022-2027). We prioritize uncovering the pivotal factors that presently drive and will shape the industry’s growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.
The Mexico Zinc Oxide Market segmentation is enlisted below:
By Application
- Rubber Industry
- Ceramic Industry
- Pharmaceuticals
- Food & Beverages
- Paints, Coatings & Pigments
- Personal Care
- Others (Chemicals, Automotive, etc.)
By Grade
- Standard
- Treated
- United States Pharmacopia (USP)
- Food and Chemical Codex (FCC)
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By Process
- Indirect Process or French Process
- Wet Process
- Direct Process or American Process
Mexico Zinc Oxide Market Competitive Landscape
Zinc Nacional, Brenntag, RE Caroll Inc., Zochem Inc., Glencore, Lanxess, PAN Continental Chemical, Weifang Longda Zinc Industry, Others.
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Key Report Highlights
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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