Mexico Zinc Oxide Market Insights, Share & Growth Trends 2022 to 2027

Markntel Advisors’ report, Mexico Zinc Oxide Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2027, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Mexico Zinc Oxide presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Mexico Zinc Oxide Market Research Report & Market Summary:

The Mexico Zinc Oxide Market is projected to grow at a CAGR of 2.8% during the forecast period, i.e., 2022-27. Zinc oxide is an inorganic compound and is insoluble in water. Since it acts as an activating agent, its application is growing in numerous materials & products. Various cosmetics manufacturers like Swan Cosmetics, Francobel Comercializadora, etc., are headquartered in Mexico and produce cosmetics locally. The high awareness among consumers regarding the impact of solar exposure on the skin and the ability of zinc oxide to act as a powerful sunscreen agent, especially for customers with sensitive skin, drive the Mexico Zinc Oxide Market.

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Mexico Zinc Oxide Market Dynamics:

Key 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:

According to MarkNtel study the market is segmented into the following categories:

By Application

Rubber Industry
Ceramic Industry
Pharmaceuticals
Food & Beverages
Paints, Coatings & Pigments
Personal Care
Others (Chemicals, Automotive, etc.)

Of them all, the rubber industry captured a majority share in the Mexico Zinc Oxide Market during 2017-19 due to its high usage in the tire production for the automotive sector. Zinc Oxide is used as an activating agent in the vulcanization of rubber to enhance its durability.

By Grade

Standard
Treated
United States Pharmacopia (USP)
Food and Chemical Codex (FCC)

Here, Standard Grade captured a considerable share in the Mexico Zinc Oxide Market during 2017-20 owing to its extensive application in rubbers & ceramics due to its purity ranging between 99-99.5%. Moreover, the favorable weather conditions of Mexico allow farmers to grow fruits & vegetables around the year, thereby contributing to the market growth.

By Process

Indirect Process or French Process
Wet Process
Direct Process or American Process.

As indicated in the latest market research report published by Markntel Advisors, “Mexico Zinc Oxide Research Report: Forecast (2022-2027)”, this report offers a detailed analysis of the industry, featuring insights into the Mexico Zinc Oxide industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/mexico-zinc-oxide-market.html

Top Companies Operating in the Mexico Zinc Oxide Market:

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

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

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