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Zinc Oxide Prices Overview

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Market Overview

Quarterly Update on The Global Zinc Oxide Market

For the Quarter Ending December 2020

Asia

In the Asian market, the demand of Zinc Oxide remained stable and marginally went down during Q4 2020. In China, potential Zinc Oxide shortage created panic among buyers which witnessed sharp rise in prices from Q3 to Q4. Manufacturers anticipated that supply will be restored within Q4 and prices would be stabilised again. Meanwhile, the demand in other Asian countries remained good but tight supply raised the prices initially but during December prices stopped accelerating and dropped again. FOB price of Zinc Oxide in Taiwan came down from USD 2630/tonne (October 2020) to USD 1800 USD/tonne (December 2020).

North America

Supply chain disruptions caused by multiple hurricanes, created the shortage of minerals across the region. Healthy demand but ample supply raised the prices of Zinc Oxide initially which later came down till the end December 2020. In USA, FOB price of Zinc Oxide slipped from USD 5120/tonne (October 2020) to USD 4000 /tonne (December 2020). The quarter ended with the news of SLG LLC collaborating with Evercare for global distribution of Zinc Oxide. This partnership would improve the distribution and availability of Zinc Oxide across the region.

Europe

Amid rapid spread of COVID-19 during Q4 2020, the market showed stability in demand. The demand was driven by the healthcare and rubber industries. On the other hand, European union banned the use of veterinary medicine containing more than 150 ppm Zinc Oxide. This announcement came in November 2020 and planned to be implemented till July 2021. This will reduce the demand of Zinc Oxide for veterinary supplement sector in Europe.

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Services

Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Zinc Oxide is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

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Pricing Analysis

The product price is correlated with the price trend of crude oil, demand-supply gap, fluctuations in the feedstock and with the market movement of the downstream sectors.

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Company Profile

Basic details and information on financial performance of leading global players in the Zinc Oxide market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.

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Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Zinc Oxide manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Zinc Oxide market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.

Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Zinc Oxide market.

Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.

Finally, region-specific markets for Zinc Oxide are analyzed and region-wise demand pattern is tracked.

About

Zinc Oxide is an organic compound with chemical formula ZnO. It is an odourless, white crystalline powder which is insoluble in water. There are several methods available to manufacture Zinc Oxide. One of the most favoured method is by vaporising metallic zinc at around 910°C-920°C in a furnace and then applying water vapours. This Zinc vapour will react immediately with oxygen and form Zinc Oxide. There are many other applications of Zinc Oxide in different industries, but majorly Zinc Oxide utilised in rubber industries for the purpose of vulcanisation of rubber. Vulcanisation is the process of hardening of rubber. It also improves the lifespan the rubber by providing UV and fungi protection. ZnO is widely utilised in personal care products like calamine lotion, oral care products like mouthwash & toothpastes, skin creams for rashes & acne, antibacterial lotions and creams etc.

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Zinc Oxide Prices Overview