Scienza e Tecnologia
Zinc Oxide Nanoparticle Market to Hit $835.8 Million by 2034, Growing at a 7% CAGR, Says Fact.MR
Zinc oxide nanoparticles are inorganic and have diameters less than 100 nanometers. They possess unique properties such as antibacterial, antifungal, anticorrosive, catalytic, and UV filtering. Zinc oxide nanoparticles are known for their sun protection properties and are a common ingredient in sunscreens that provide broad-spectrum protection against harmful UVA and UVB rays.
As people across the world become more aware of the importance of skin health, the demand for zinc oxide in skincare and sun care products increases. Another significant use of ZnO nanoparticles is in biomedicine, especially in anticancer and anti-bacterial applications. These nanoparticles can produce an excess of reactive oxygen species, release zinc ions, and induce cell apoptosis.
The market is being influenced by the rising adoption of these nanoparticles in various fields such as paints & coatings, textiles, and electronics. The unique physiochemical properties of zinc oxide nanoparticles make them highly desirable in these industries. The global zinc oxide nanoparticle market is on a growth trajectory, fueled by its wide-ranging applications in various industries and the unique properties of the nanoparticles.
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says a Fact.MR analyst.
:
The zinc oxide nanoparticle market is highly competitive with several companies aiming to capture a higher market share. Key players in this market are ALTANA, American Elements, Anhui Linghu Paint Co., Ltd, BASF, and Croda.
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Fact.MR, in its new offering, presents an unbiased analysis of the zinc oxide nanoparticle market for 2019 to 2023 and forecasts market statistics for 2024 to 2034.
The study divulges essential insights into the market based on production method (direct, indirect), grade (coated, uncoated), primary function (UV shielding agent, antibacterial & antifungal agent, plastic cross-linking agent), and application (cosmetics & personal care, paints & coatings, polymers & textiles), across seven major regions of the world ( North America , Latin America , Eastern Europe , Western Europe , East Asia , South Asia & Pacific, and MEA).
Size is estimated to be valued at US$ 160,054.3 Million in 2023 and it is expected to grow at a CAGR of 5.1% to reach US$ 263,205.3 Million by the end of 2033.
Size is valued to be US$ 1.9 billion in 2023 and it is anticipated to grow at a CAGR of 6.7% to reach US$ 3.7 billion by the end of 2033.
: Size is valued at US$ 3.4 Billion in 2021. the market is expected to reach a valuation of US$ 12.5 Billion by 2032 with 12.9% projected growth during 2022-2032.
Size is valued to be US$ 242.2 million in 2023 and it is anticipated to grow at a CAGR of 6.2% to reach US$ 442.0 million by the end of 2033.
: Size is estimated at USD 15.3 Billion in 2022 and is forecast to reach USD 30.8 Billion by 2032, growing at a CAGR of 6.9% during 2022-2032.
: Size is expected to continue its upward trend with an estimated value of US$ 9.7 billion in FY 2022, indicating growth from its 2021 valuation of US$ 9.2 billion .
is forecasted to expand at 3.9% CAGR to increase to a size of US$ 247.1 million by the end of 2034.
size is forecasted to expand at a CAGR of 5.2% to climb to a value of US$ 140.1 billion by the end of 2034.
size will expand at a CAGR of 5.9% to reach a size of US$ 422.7 million by the end of 2034.
is set to reach a valuation of US$ 57.5 million in 2024 and further expand at a CAGR of 4.1% to end up at US$ 85.9 million by the year 2034.
is forecasted to expand at a CAGR of 5.9% to climb to US$ 127.1 billion by 2034.
is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning.
With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay competitive.
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