Nano-ZnO Market Trends and Forecast
The future of the global nano-ZnO market looks promising with opportunities in the paint &coating, cosmetic, electronic, and medical product markets. The global nano-ZnO market is expected to reach an estimated $645.0 million by 2030 with a CAGR of 11.2% from 2024 to 2030. The major drivers for this market are rising demand for nanomaterials in electronics and optoelectronics, growing applications in antimicrobial coatings and textiles, and increasing use in cosmetic products for UV protection.
• Lucintel forecasts that ultrafine powder is expected to witness higher growth over the forecast period.
• Within this market, paint &coating is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Nano-ZnO Market
• United States: The US company Nanophase Technologies announced an expansion of their production capacity for nano-ZnO to meet the increasing demand in cosmetics and sunscreens. The government has also been promoting the use of nano-ZnO in antimicrobial coatings to combat pathogens.
• China: In China, BYK Additives & Instruments introduced a new line of nano-ZnO products tailored for the coatings industry. The Chinese government has been supporting research and development in nanotechnology to boost local production capabilities.
• Germany: BASF announced a strategic partnership with a local university to develop advanced nano-ZnO formulations for automotive applications. The German government has set targets to increase the use of nanomaterials in sustainable technologies by 2025.
• India: Tata Chemicals launched a new range of nano-ZnO products aimed at the agricultural sector to enhance crop protection. The Indian government is encouraging the use of nanotechnology in agriculture through various subsidies and grants.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Nano-ZnO Market by Segment
The study includes a forecast for the global nano-ZnO market by type, application, and region.
Nano-ZnO Market by Type [Value from 2018 to 2030]:
• Ultrafine Powders
• Liquid Suspensions
Nano-ZnO Market by Application [Value from 2018 to 2030]:
• Paints & Coatings
• Cosmetic
• Electronics
• Medical Product
• Others
Nano-ZnO Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Nano-ZnO Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies nano-ZnO companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the nano-ZnO companies profiled in this report include-
• US Research Nanomaterials
• Grillo Zinkoxid
• Hakusuitech
• Nanophase Technology
• Micronisers
• Umicore
• Weifang Longda Zinc Industry
Recent Development in the Nano-ZnO Market
• BASF SE: Announced the development of a new nano-ZnO formulation for use in sunscreens, enhancing UV protection while maintaining skin compatibility.
• Nanophase Technologies Corporation: Launched a new line of antimicrobial coatings utilizing nano-ZnO, targeting applications in medical devices and healthcare environments.
• Nanowin Technology Co., Ltd.: Unveiled a partnership with electronics manufacturers to integrate nano-ZnO into next-generation display panels, improving durability and brightness.
• EverZinc: Invested in expanding their production capabilities for nano-ZnO powders, focusing on meeting the growing demand from the cosmetics and personal care industries.
• SkySpring Nanomaterials, Inc.: Introduced a new nano-ZnO product aimed at enhancing the efficiency of solar panels, contributing to the renewable energy sectorÄX%$%Xs advancements.
Features of the Global Nano-ZnO Market
Market Size Estimates: Nano-ZnO market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Nano-ZnO market size by type, application, and region in terms of value ($M).
Regional Analysis: Nano-ZnO market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the nano-ZnO market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the nano-ZnO market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the nano-ZnO market size?
Answer: The global nano-ZnO market is expected to reach an estimated $645.0 million by 2030.
Q2. What is the growth forecast for nano-ZnO market?
Answer: The global nano-ZnO market is expected to grow with a CAGR of 11.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the nano-ZnO market?
Answer: The major drivers for this market are rising demand for nanomaterials in electronics and optoelectronics, growing applications in antimicrobial coatings and textiles, and increasing use in cosmetic products for UV protection.
Q4. What are the major segments for nano-ZnO market?
Answer: The future of the global nano-ZnO market looks promising with opportunities in the paint &coating, cosmetic, electronic, and medical product markets.
Q5. Who are the key nano-ZnO market companies?
Answer: Some of the key nano-ZnO companies are as follows:
• US Research Nanomaterials
• Grillo Zinkoxid
• Hakusuitech
• Nanophase Technology
• Micronisers
• Umicore
• Weifang Longda Zinc Industry
Q6. Which nano-ZnO market segment will be the largest in future?
Answer: Lucintel forecasts that ultrafine powder is expected to witness higher growth over the forecast period.
Q7. In nano-ZnO market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the nano-ZnO market by type (ultrafine powders and liquid suspensions), application (paints & coatings, cosmetic, electronics, medical product, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Nano-ZnO Market Market, Nano-ZnO Market Market Size, Nano-ZnO Market Market Growth, Nano-ZnO Market Market Analysis, Nano-ZnO Market Market Report, Nano-ZnO Market Market Share, Nano-ZnO Market Market Trends, Nano-ZnO Market Market Forecast, Nano-ZnO Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.