The global Zinc Borate market was valued at .93 Million USD in 2021 and will grow with a CAGR of 2.18% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Zinc borate, also known to be borate of zinc is an inorganic compound. The material comes in white crystalline color or in form of amorphous powder that is unsolvable in water. Moreover, the compound`s toxicity is usually low and has a melting point of about 980 °C.In the chemistry field, zinc borate is referred to as an inorganic compound (a borate of zinc). This chemical compound has different variations due to the ration of zinc/boron and the water content in it. The forms include 2ZnO•3 B2O3•3.5H2O, 2ZnO•3 B2O3, 4ZnO•B2O3•H2O), 4ZnO•6B2O3•7H2O, 2ZnO•2B2O3•3H2O. Among those types, 2ZnO•3 B2O3•3.5H2O is the most widely used one. Zinc borate is primarily used in plastics and cellulose fibers, paper, rubbers and the textiles industry because of its flame retardant feature. Also, it is a useful smoke suppressant in the plastic and rubber industry. Due to its distinctive performance, it can also be found in other fields, such as fertilizer, painting, adhesive and so on. Among those applications, function as flame retardant/smoke suppressant holds the largest market share in zinc borate applications, which was 89.12% in 2015. North America, Europe and China are the major production base of zinc borate. The three regions contributed about 87.69% share in the global production market in 2015. In addition, North America is the largest production base for the time being, of which production reached to 30803 MT in 2015. The industry is relatively concentrated. Borax, Chemtura, Wuwei Industrial,Societa Chimica Larderello and so on are the leading giants in the zinc borate market. As for consumption, North America, Europe and China are the major consumers as well. Industries, such as plastics, rubber, provide sufficient support for the development of zinc borate. In 2015, North America, Europe and China consumed about 29221MT, 14908MT and 18736 MT respectively, with a total share of 81.97% in the consumption market. Although there are some alternatives of zinc borate in the flame retardant field, due to its own characteristics, zinc borate still has a rigid demand in some field. Market insiders think the market of zinc borate will keep growing in the coming years. Whereas, considering the fierce completion caused by alternatives and the various zinc borate manufacturers, the market is estimated to face uncertainties as well, such as price fluctuations.

By Market Verdors:

Borax

Chemtura

Wuwei Industrial

Societa Chimica Larderello

Royce

Wallace FR

Taixing Fine Chemicals

C-Tech

Chuanjun

Shandong Bio

Enter Chemical

Sakai Chemical

Xusen

Lida Chemical

By Types:

2ZnO·3 B2O3·3.5H2O

2ZnO·3 B2O3

4ZnO·B2O3·H2O

4ZnO·6B2O3·7H2O

2ZnO·2B2O3·3H2O

By Applications:

Flame Retardant

Compound Formulation

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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