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Zinc Chloride Market Size (2024 - 2029)

The zinc chloride market is anticipated to experience growth driven by the expanding textile industry, which is expected to boost demand. Its application in the chemical industry for producing dyes, intermediate chemicals, and solvents further contributes to market expansion. However, the market's growth is challenged by the high toxicity of zinc chloride, posing health risks. The Asia-Pacific region is projected to be the largest and fastest-growing area due to rising demand from various end-user sectors.

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Market Size of Zinc Chloride Industry

zinc chloride - market summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 3.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

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*Disclaimer: Major Players sorted in no particular order

Zinc Chloride Market Analysis

The market for zinc chloride is expected to register a CAGR of 3% during the forecast period. A major factor that will drive the growth of the zinc chloride market during the forecast period is the growth of the textile industry, which is expected to lead to an increase in the demand for zinc chloride. Additionally, zinc chloride is used in the chemical industry for manufacture of dyes, intermediate chemicals, and solvents, like ethyl acetate. On the flipside, the high toxicity of zinc chloride causes serious health hazards, thereby, hampering the growth of the market studied. 

  • The textile industry is expected to have a high demand for zinc chloride, during the forecast period.
  • The Asia-Pacific region is expected to be the largest and the fastest-growing market, owing to the increasing demand from various end-user industries. 

Zinc Chloride Industry Segmentation

The market report includes:

Application
Water Treatment
Catalyst
Other Applications
End-user Industry
Chemicals
Oil and Gas
Textile
Metallurgy
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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Zinc Chloride Market Size Summary

The zinc chloride market is poised for steady growth, driven primarily by the expanding textile industry, which is anticipated to significantly boost demand for this chemical compound. Zinc chloride's application in the textile sector includes its use as a proofing agent and fabric refresher, as well as its role in the preservation processes within the dyeing industry. Additionally, the chemical industry utilizes zinc chloride in the production of dyes, intermediate chemicals, and solvents such as ethyl acetate. However, the market's growth is somewhat constrained by the high toxicity associated with zinc chloride, posing health risks that could deter its use in certain applications.

Regionally, the Asia-Pacific area is expected to lead the zinc chloride market, both in terms of size and growth rate, due to the robust demand from various end-user industries. Countries like China and India, which hold significant shares in the global textile market, are central to this growth. China's dominance in zinc production and India's expanding textile industry, supported by government initiatives, are key factors contributing to the region's market expansion. Despite the fragmented nature of the market, with no single player holding a major share, companies such as American Elements, TIB Chemicals AG, and Zaclon LLC are notable participants driving the market forward.

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Zinc Chloride Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Demand from the Textile Industry

      2. 1.1.2 Increasing Synthesis of Chemicals

    2. 1.2 Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Application

      1. 2.1.1 Water Treatment

      2. 2.1.2 Catalyst

      3. 2.1.3 Other Applications

    2. 2.2 End-user Industry

      1. 2.2.1 Chemicals

      2. 2.2.2 Oil and Gas

      3. 2.2.3 Textile

      4. 2.2.4 Metallurgy

      5. 2.2.5 Other End-user Industries

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 France

        4. 2.3.3.4 Italy

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle East & Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle East & Africa

Zinc Chloride Market Size FAQs

The Zinc Chloride Market is projected to register a CAGR of 3% during the forecast period (2024-2029)

American Elements , TIB Chemicals AG , Vijaychem Industries , Flaurea Chemicals and Zaclon LLC are the major companies operating in the Zinc Chloride Market.

Zinc Chloride Market Report Snapshots

Zinc Chloride Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)