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Southeast Asia Zinc Nitrate Market Outlook and Forecast 2024-2030

view8048 2024. 10. 16. 18:26

The Southeast Asia Zinc Nitrate market size was valued at US$ 41.2 million in 2024 and is projected to reach US$ 56.7 million by 2030, at a CAGR of 5.5% during the forecast period 2024-2030.

 

Zinc nitrate is an inorganic compound used in various applications including as a catalyst, in chemical synthesis, textile dyeing, and as a nutrient in agriculture and animal feed.

The Southeast Asia Zinc Nitrate market is growing steadily, driven by diverse industrial applications and increasing agricultural demand. In 2023, total consumption reached 18,500 metric tons, with Indonesia, Thailand, and Vietnam accounting for 70% of regional demand. The chemical synthesis sector remains the largest consumer at 40%, followed by agriculture at 30%. The market saw a 12% increase in demand for high-purity zinc nitrate in 2023, reflecting its growing use in electronic applications. Use in fertilizers and animal feed supplements is growing at 6% annually, driven by the need for zinc in crop and livestock nutrition. The trend towards water treatment solutions led to a 14% rise in adoption of zinc nitrate in industrial wastewater treatment processes in 2023. Ceramic and glass manufacturing applications saw a 9% surge in demand. The market is witnessing increased focus on developing zinc nitrate-based nano-materials, with a 17% growth in research initiatives for advanced catalysts and electronic materials.

Report Includes

This report is an essential reference for who looks for detailed information on Southeast Asia Zinc Nitrate. The report covers data on Southeast Asia markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Southeast Asia major vendors¡¯ information. In addition to the data part, the report also provides overview of Zinc Nitrate, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Southeast Asia Zinc Nitrate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Zinc Nitrate. This report contains market size and forecasts of Zinc Nitrate in Southeast Asia, including the following market information:

We surveyed the Zinc Nitrate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    Thailand

•    Indonesia

•    Vietnam

•    Malaysia

•    Philippines

•    Singapore

•    Myanmar

by Products type:

•    Purity?98%

•    Purity<98%

by Application:

•    Electric Galvanized

•    Dyeing Mordant

•    Catalyst

•    Other

key players include: (At least 8-10 companies included)

•    PT Lautan Luas Tbk

•    LS-Nikko Copper Inc.

•    Oriental Copper Co. Ltd.

•    Vedanta Resources Limited

•    Thai Copper Industries Public Co. Ltd.

•    MMC Norilsk Nickel

•    Southern Copper Corporation

•    Sumitomo Metal Mining Co., Ltd.

•    Hindustan Copper Limited

•    Nyrstar

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Zinc Nitrate revenues in Southeast Asia market, 2019-2024 (Estimated), ($ millions)

•    Key companies Zinc Nitrate revenues share in Southeast Asia market, 2023 (%)

•    Key companies Zinc Nitrate sales in Southeast Asia market, 2019-2024 (Estimated),

•    Key companies Zinc Nitrate sales share in Southeast Asia market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Southeast Asia and country-wise market of Zinc Nitrate

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing Zinc Nitrate capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on Zinc Nitrate manufacturers

•    Zinc Nitrate forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.


Table of content

1 Market Overview    

1.1 Product Overview and Scope of Zinc Nitrate 

1.2 Segment by Type    

1.2.1 Southeast Asia Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030    

1.2.2 Purity?98%    

1.2.3 Purity<98%

1.3 Segment by Application  

1.3.1 Southeast Asia Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030    

1.3.2    Electric Galvanized

1.3.3    Dyeing Mordant

1.3.4    Catalyst

1.3.5    Other

1.4 Southeast Asia Market Growth Prospects    

1.4.1 Southeast Asia Revenue Estimates and Forecasts (2019-2030)    

1.4.2 Southeast Asia Production Estimates and Forecasts (2019-2030)  

2 Southeast Asia Growth Trends    

2.1 Industry Trends    

2.1.1 SWOT Analysis    

2.1.2 PESTEL Analysis    

2.1.3 Porter’s Five Forces Analysis    

2.2 Potential Market and Growth Potential Analysis    

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Normal Paraffin Market, Global Outlook and Forecast 2024-2030

Normal Paraffin Market, Global Outlook and Forecast 2024-2030