Increasing Focus on Skin Health and Implications of UV
Exposure Leading to the Use of Zinc Oxide Nanoparticles in the
Production of Sunscreens.
ROCKVILLE, Md., July 29,
2024 /PRNewswire/ -- The global Zinc
Oxide Nanoparticle Market is estimated at US$ 424.9 million in 2024. According to a
recently updated report by Fact.MR, the market is forecasted to
expand at 7% CAGR from 2024 to 2034 and is projected to
reach a value of US$ 835.8
million by 2034.
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.
For More Insights into the Market, Request a Sample of this
Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=4790
Key Takeaways from the Zinc Oxide Nanoparticle Market
Study:
- The North American market is projected to expand at 7.9% CAGR
from 2024 to 2034.
- East Asia is analyzed to
account for 24.6% of the global market share by 2034-end.
- Sales of zinc oxide nanoparticles in Japan are projected to rise at 7.3% CAGR from
2024 to 2034.
- Sales of plastic cross-linking agents are projected to reach
US$ 379.4 million by the end of
2034.
- The market in Canada is
forecasted to expand at 7.6% CAGR through 2034.
"Use of zinc oxide nanoparticles in
biomedical applications, such as anticancer and antibacterial
treatments, is influencing sales. Ongoing R&D unveils new
applications, fostering demand for innovative and sustainable
solutions across various sectors," says
a Fact.MR analyst.
Market Developments:
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.
- In 2023, Bruggemann declared the successful inauguration of a
new chemical production facility at the Heilbronn location. The
facility utilizes 15,000 metric tons of biomass annually to heat
the equipment. This strategic move by Bruggemann is expected to
bolster its foothold in the growing carbon-neutral manufacturing
sector.
Zinc Oxide Nanoparticle Industry News:
- In 2022, Aterian declared a collaboration with United S. Zinc
and EverZinc to form the largest specialty zinc company in the
world. The objective of this partnership was to manufacture zinc
chemical products for the leading global zinc chemistry
enterprise.
Get Customization on this Report for Specific Research
Solutions:
https://www.factmr.com/connectus/sample?flag=S&rep_id=4790
Global Market Analysis 2019 to 2023 and Forecast 2024 to
2034, by Grade:
Global Market Analysis 2019 to 2023 and Forecast 2024 to
2034, by Production Method:
Global Market Analysis 2019 to 2023 and Forecast 2024 to
2034, by Primary Function:
- UV Shielding Agents
- Antibacterial & Antifungal Agents
- Plastic Cross-Linking Agents
Global Market Analysis 2019 to 2023 and Forecast 2024 to
2034, by Application:
- Cosmetics & Personal Care
- Paints & Coatings
- Polymers & Textiles
More Valuable Insights:
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).
Check out More Related Studies Published by Fact.MR:
Paints and Coatings Market: 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.
Zinc Sulphate Market: 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.
Antimicrobial Coatings Market: 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.
Titanium Dioxide Nanoparticles Market: 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.
Metal Coatings Market: 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.
Wood Coatings Market: 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.
Sodium Propionate Market is forecasted to expand at
3.9% CAGR to increase to a size of US$ 247.1
million by the end of 2034.
Fermentation Chemical Market 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.
Capryl Glucoside Market size will expand at a CAGR
of 5.9% to reach a size of US$ 422.7
million by the end of 2034.
Nickel Acetate Market 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.
Electronic Chemicals & Materials Market is
forecasted to expand at a CAGR of 5.9% to climb to US$ 127.1 billion by 2034.
About Us:
Fact.MR 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.
Contact:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Sales Team: sales@factmr.com
Follow
Us: LinkedIn | Twitter | Blog
View original
content:https://www.prnewswire.com/news-releases/zinc-oxide-nanoparticle-market-to-hit-835-8-million-by-2034--growing-at-a-7-cagr-says-factmr-302208438.html
SOURCE Fact.MR