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.
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Solutions:
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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).
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About Us:
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