Zinc Chloride Market Synopsis

Zinc Chloride Market Size is Valued at USD 0.331 Billion in 2023, and is Projected to Reach USD 0.497 Billion by 2032, Growing at a CAGR of 5.20% From 2024-2032.

The market of zinc chloride has been gradually growing stable all the time, mainly because of its uses in multiple industries. In metallurgy, chemical industry, textil industry and also in dry cell batteries zinc chloride is used as an electrolyte. This substance has gained its demand in several sectors as a catalyst, dehydrating agent along with functioning as a corrosion inhibitor. Market demand for zinc chloride in batteries and other consumable electronics, automotive, and other industries also played another role in the market growth.

• Additional applications of zinc chloride in the drugs and in water purification are other noteworthy drivers of the market. The water treatment industry and the pharma division apply zinc chloride to act as a flocculating agent in producing antiseptic and other drugs. Similarly, the global consumption experience a boost due to high demand of construction and infrastructure development in the up and coming countries for its use in galvanizing and soldering fluxes.
• Regionally, the Asia Pacific region leads the zinc chloride market due to social factors such as actualization of the industrialization process, the growth of electronics and automotive industries, and more infrastructure development within the Asia Pacific region mainly China and India. The fully developed industrial and pharmaceutical markets of North America and Europe have also contributed to the significant market share. We expect that it will still develop rapidly in the future because of the continuing expansion of demand for its application in new and different industries, as well as for the constant technological improvements of the manufacturing technology to provide for the market demand.

Zinc Chloride Market Trend Analysis

Growing Demand in the Battery Industry

• This is due to rising utilization of zinc chloride in dry cell batteries by growing electronic equipment and electric vehicles (EVs). However, Zinc chloride is of growing importance in the energy storage industry due to the growing global demand for electric vehicles and portable electronics due its role of improving the battery performance.
• Zinc chloride is gradually gaining reputation as a reliable participant in battery production on the background of ongoing search for improved cheap and environmentally friendly batteries. This, combined with the emerging electric vehicles market and the increase in the use of long life batteries in electronics application, is expected to further the use of zinc chloride in battery applications and thus broaden the overall market.

Increased Use in Water Treatment and Pharmaceuticals

• The global market for zinc chloride is also expanding because of the increasing use of the chemical in pharmaceutical and water treatment industries. Its chemical nature qualifies it to serve as a disinfectant as well as a flocculant. The increase in the consumption of pure water and importance placed on health systems globally is benefiting from zinc chloride to ensure safety and quality of medical products and water.
• There is increased market demand because pharmaceutical companies have started including the chemical in production of antiseptic and other medicines. Moreover, the market growth of these sectors is expected to be further boosted due to a continuing demand for zinc chloride for water treatment applications, which is expected to be fuelled by acute consciousness regarding environmental conservation.

Zinc Chloride Market Segment Analysis:

Zinc Chloride Market Segmented on the basis of By Grade, By Application , By Form and End-Use Industries

By End-User, Electronics segment is expected to dominate the market during the forecast period

• The chances in the crtical end use sectors such as electronics, chemical, agriculture and pharmaceutical cause the higher demand in zinc chloride. The electronics segment is new here for electric vehicles and consumer electronics particularly the use of zinc chloride in dry cell batteries. Most significantly, it is used for catalytic and dehydrating purposes during a wide range of organic synthesis and some other chemical processes, which is contribution to the chemical industry.
• Zinc chloride is used in agriculture to treat low levels of zinc in the soil so as to improve production of crops. In the pharmaceutical field, zinc chloride is a vital chemical compound, because of its antiseptic and astringent properties, the substance needed for the preparation of topical pharmaceutical products and treatment. The use of zinc chloride in various sectors of the economy provides strong market fundamentals for its product hence the continuous growth.

  By Grade, High Purity Grade segment held the largest share in 2023

• We segmented zinc chloride by its four grades – high purity, battery, technical, and commercial applications. All the grades are created based on the certain necessities of an industrial sector. Dry cell batteries are primarily prepared with battery grade zinc chloride, especially in the fast growing electronics and automotive industries. High purity forms of zinc chloride find a special application in pharmaceutical and water treatment sectors because of its higher chemical properties. The power segment has expanded the requirement of portable electricity solutions which have promulgated battery grade zinc chloride as essential media for elevating battery effectiveness and sturdiness.
• In the textile industry and in a number of industrial applications like metal fluxing and galvanizing, the technical and commercial grades of zinc chloride are widely used. The latter kinds are preferred by industrial use because of the cost and flexibility issues. Due to higher constructions happening and infrastructure Read Full Report developments across the global market, the need for technical as well as commercial grade zinc chloride has gone up which has boosted overall market growth in return.

Zinc Chloride Market Regional Insights:

Europe Is Expected to Show Growth in The Zinc Chloride Market

• Based on the research, it was identified that the Europe zinc chloride market is expected to undergo significant growth due to the increasing industries in the chemical, pharmaceutical, and automotive industries. This trend is led by the growing requirement of Zinc chloride in batteries, especially for EVs. Europe’s sustainable energy demand and the increasing electric mobility further strengthens zinc chloride market and its role as active element in batteries. Moreover, diverse and highly developed pharmaceutical manufacturing industry in the region which utilizes the substance to produce antiseptic agents strengthens the demand for zinc chloride
• In addition, the politer stringency environmental standards in Europe are thus influencing its advanced adoption process in water treatment methods. People are using it as a flocculant in the process of treating industrial effluent as industries seek to meet higher levels of environmental compliance. Based on the various industrial uses of zinc chloride and sustainable development policies, rising technological innovation, and development of manufacturing techniques across the EU region, the market for zinc chloride is forecasted to grow continuously.

Active Key Players in the Zinc Chloride Market

• Zaclon LLC (U.S.)
• American Elements (U.S.)
• TIB Chemicals AG (Germany)
• Global Chemical Co., Ltd. (South Korea)
• INDO LYSAGHT. Tbk (Indonesia)
• S.A. Lipmes (India)
• Eurocontal (Germany)
• Vinipul Inorganics Private Limited (India)
• Advance Chemical sales corporation (U.S.)
• Others

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Zinc Chloride Market by Grade
 4.1 Zinc Chloride Market Snapshot and Growth Engine
 4.2 Zinc Chloride Market Overview
 4.3 High Purity Grade
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 High Purity Grade: Geographic Segmentation Analysis
 4.4 Battery Grade
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Battery Grade: Geographic Segmentation Analysis
 4.5 Technical Grade
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Technical Grade: Geographic Segmentation Analysis
 4.6 and Commercial Grade
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 and Commercial Grade: Geographic Segmentation Analysis

Chapter 5: Zinc Chloride Market by Application
 5.1 Zinc Chloride Market Snapshot and Growth Engine
 5.2 Zinc Chloride Market Overview
 5.3 Dry Cell Batteries
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Dry Cell Batteries: Geographic Segmentation Analysis
 5.4 Water Treatment
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Water Treatment: Geographic Segmentation Analysis
 5.5 Catalyst
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Catalyst: Geographic Segmentation Analysis

Chapter 6: Zinc Chloride Market by Form
 6.1 Zinc Chloride Market Snapshot and Growth Engine
 6.2 Zinc Chloride Market Overview
 6.3 Powder and Liquid
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Powder and Liquid: Geographic Segmentation Analysis

Chapter 7: Zinc Chloride Market by End-Use Industries
 7.1 Zinc Chloride Market Snapshot and Growth Engine
 7.2 Zinc Chloride Market Overview
 7.3 Electronics
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Electronics: Geographic Segmentation Analysis
 7.4 Chemical
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Chemical: Geographic Segmentation Analysis
 7.5 Agriculture
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Agriculture: Geographic Segmentation Analysis
 7.6 and Pharmaceutical
  7.6.1 Introduction and Market Overview
  7.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.6.3 Key Market Trends, Growth Factors and Opportunities
  7.6.4 and Pharmaceutical: Geographic Segmentation Analysis

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Benchmarking
  8.1.2 Zinc Chloride Market Share by Manufacturer (2023)
  8.1.3 Industry BCG Matrix
  8.1.4 Heat Map Analysis
  8.1.5 Mergers and Acquisitions
  
 8.2 EVONIK INDUSTRIES AG (GERMANY)
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Role of the Company in the Market
  8.2.5 Sustainability and Social Responsibility
  8.2.6 Operating Business Segments
  8.2.7 Product Portfolio
  8.2.8 Business Performance
  8.2.9 Key Strategic Moves and Recent Developments
  8.2.10 SWOT Analysis
 8.3 GELEST INC (US)
 8.4 WACKER CHEMIE AG (GERMANY)
 8.5 PCC SE (GERMANY)
 8.6 SCHILL+SEILACHER STRUKTOL" GMBH (GERMANY)
 8.7 NANJING SHUGUANG CHEMICAL GROUP CO LTD (CHINA)
 8.8 MOMENTIVE (US)
 8.9 SHIN-ETSU CHEMICAL CO LTD (JAPAN)
 8.10 DOW (US)
 8.11 SIVANCE LLC (US)
 8.12 CHT GROUP (GERMANY)
 8.13 CHINA NATIONAL BLUESTAR (GROUP) CO LTD (CHINA)
 8.14 SILAR (US)
 8.15 ANABOND (INDIA)
 8.16 3M (US)
 8.17 PANGU CHEMICAL GROUP LTD (CHINA)
 8.18 OTHER ACTIVE PLAYERS

Chapter 9: Global Zinc Chloride Market By Region
 9.1 Overview
 9.2. North America Zinc Chloride Market
  9.2.1 Key Market Trends, Growth Factors and Opportunities
  9.2.2 Top Key Companies
  9.2.3 Historic and Forecasted Market Size by Segments
  9.2.4 Historic and Forecasted Market Size By Grade
  9.2.4.1 High Purity Grade
  9.2.4.2 Battery Grade
  9.2.4.3 Technical Grade
  9.2.4.4 and Commercial Grade
  9.2.5 Historic and Forecasted Market Size By Application
  9.2.5.1 Dry Cell Batteries
  9.2.5.2 Water Treatment
  9.2.5.3 Catalyst
  9.2.6 Historic and Forecasted Market Size By Form
  9.2.6.1 Powder and Liquid
  9.2.7 Historic and Forecasted Market Size By End-Use Industries
  9.2.7.1 Electronics
  9.2.7.2 Chemical
  9.2.7.3 Agriculture
  9.2.7.4 and Pharmaceutical
  9.2.8 Historic and Forecast Market Size by Country
  9.2.8.1 US
  9.2.8.2 Canada
  9.2.8.3 Mexico
 9.3. Eastern Europe Zinc Chloride Market
  9.3.1 Key Market Trends, Growth Factors and Opportunities
  9.3.2 Top Key Companies
  9.3.3 Historic and Forecasted Market Size by Segments
  9.3.4 Historic and Forecasted Market Size By Grade
  9.3.4.1 High Purity Grade
  9.3.4.2 Battery Grade
  9.3.4.3 Technical Grade
  9.3.4.4 and Commercial Grade
  9.3.5 Historic and Forecasted Market Size By Application
  9.3.5.1 Dry Cell Batteries
  9.3.5.2 Water Treatment
  9.3.5.3 Catalyst
  9.3.6 Historic and Forecasted Market Size By Form
  9.3.6.1 Powder and Liquid
  9.3.7 Historic and Forecasted Market Size By End-Use Industries
  9.3.7.1 Electronics
  9.3.7.2 Chemical
  9.3.7.3 Agriculture
  9.3.7.4 and Pharmaceutical
  9.3.8 Historic and Forecast Market Size by Country
  9.3.8.1 Bulgaria
  9.3.8.2 The Czech Republic
  9.3.8.3 Hungary
  9.3.8.4 Poland
  9.3.8.5 Romania
  9.3.8.6 Rest of Eastern Europe
 9.4. Western Europe Zinc Chloride Market
  9.4.1 Key Market Trends, Growth Factors and Opportunities
  9.4.2 Top Key Companies
  9.4.3 Historic and Forecasted Market Size by Segments
  9.4.4 Historic and Forecasted Market Size By Grade
  9.4.4.1 High Purity Grade
  9.4.4.2 Battery Grade
  9.4.4.3 Technical Grade
  9.4.4.4 and Commercial Grade
  9.4.5 Historic and Forecasted Market Size By Application
  9.4.5.1 Dry Cell Batteries
  9.4.5.2 Water Treatment
  9.4.5.3 Catalyst
  9.4.6 Historic and Forecasted Market Size By Form
  9.4.6.1 Powder and Liquid
  9.4.7 Historic and Forecasted Market Size By End-Use Industries
  9.4.7.1 Electronics
  9.4.7.2 Chemical
  9.4.7.3 Agriculture
  9.4.7.4 and Pharmaceutical
  9.4.8 Historic and Forecast Market Size by Country
  9.4.8.1 Germany
  9.4.8.2 UK
  9.4.8.3 France
  9.4.8.4 Netherlands
  9.4.8.5 Italy
  9.4.8.6 Russia
  9.4.8.7 Spain
  9.4.8.8 Rest of Western Europe
 9.5. Asia Pacific Zinc Chloride Market
  9.5.1 Key Market Trends, Growth Factors and Opportunities
  9.5.2 Top Key Companies
  9.5.3 Historic and Forecasted Market Size by Segments
  9.5.4 Historic and Forecasted Market Size By Grade
  9.5.4.1 High Purity Grade
  9.5.4.2 Battery Grade
  9.5.4.3 Technical Grade
  9.5.4.4 and Commercial Grade
  9.5.5 Historic and Forecasted Market Size By Application
  9.5.5.1 Dry Cell Batteries
  9.5.5.2 Water Treatment
  9.5.5.3 Catalyst
  9.5.6 Historic and Forecasted Market Size By Form
  9.5.6.1 Powder and Liquid
  9.5.7 Historic and Forecasted Market Size By End-Use Industries
  9.5.7.1 Electronics
  9.5.7.2 Chemical
  9.5.7.3 Agriculture
  9.5.7.4 and Pharmaceutical
  9.5.8 Historic and Forecast Market Size by Country
  9.5.8.1 China
  9.5.8.2 India
  9.5.8.3 Japan
  9.5.8.4 South Korea
  9.5.8.5 Malaysia
  9.5.8.6 Thailand
  9.5.8.7 Vietnam
  9.5.8.8 The Philippines
  9.5.8.9 Australia
  9.5.8.10 New Zealand
  9.5.8.11 Rest of APAC
 9.6. Middle East & Africa Zinc Chloride Market
  9.6.1 Key Market Trends, Growth Factors and Opportunities
  9.6.2 Top Key Companies
  9.6.3 Historic and Forecasted Market Size by Segments
  9.6.4 Historic and Forecasted Market Size By Grade
  9.6.4.1 High Purity Grade
  9.6.4.2 Battery Grade
  9.6.4.3 Technical Grade
  9.6.4.4 and Commercial Grade
  9.6.5 Historic and Forecasted Market Size By Application
  9.6.5.1 Dry Cell Batteries
  9.6.5.2 Water Treatment
  9.6.5.3 Catalyst
  9.6.6 Historic and Forecasted Market Size By Form
  9.6.6.1 Powder and Liquid
  9.6.7 Historic and Forecasted Market Size By End-Use Industries
  9.6.7.1 Electronics
  9.6.7.2 Chemical
  9.6.7.3 Agriculture
  9.6.7.4 and Pharmaceutical
  9.6.8 Historic and Forecast Market Size by Country
  9.6.8.1 Turkey
  9.6.8.2 Bahrain
  9.6.8.3 Kuwait
  9.6.8.4 Saudi Arabia
  9.6.8.5 Qatar
  9.6.8.6 UAE
  9.6.8.7 Israel
  9.6.8.8 South Africa
 9.7. South America Zinc Chloride Market
  9.7.1 Key Market Trends, Growth Factors and Opportunities
  9.7.2 Top Key Companies
  9.7.3 Historic and Forecasted Market Size by Segments
  9.7.4 Historic and Forecasted Market Size By Grade
  9.7.4.1 High Purity Grade
  9.7.4.2 Battery Grade
  9.7.4.3 Technical Grade
  9.7.4.4 and Commercial Grade
  9.7.5 Historic and Forecasted Market Size By Application
  9.7.5.1 Dry Cell Batteries
  9.7.5.2 Water Treatment
  9.7.5.3 Catalyst
  9.7.6 Historic and Forecasted Market Size By Form
  9.7.6.1 Powder and Liquid
  9.7.7 Historic and Forecasted Market Size By End-Use Industries
  9.7.7.1 Electronics
  9.7.7.2 Chemical
  9.7.7.3 Agriculture
  9.7.7.4 and Pharmaceutical
  9.7.8 Historic and Forecast Market Size by Country
  9.7.8.1 Brazil
  9.7.8.2 Argentina
  9.7.8.3 Rest of SA

Chapter 10 Analyst Viewpoint and Conclusion
10.1 Recommendations and Concluding Analysis
10.2 Potential Market Strategies

Chapter 11 Research Methodology
11.1 Research Process
11.2 Primary Research
11.3 Secondary Research

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