Global zinc carbonate industry is expected to grow at a 3.8 percent CAGR

Pune, India – According to Future Market Insights (FMI) and a recent market analysis, the worldwide zinc carbonate industry is expected to grow at a 3.8% CAGR between 2022 and 2032. ZnCO3, or zinc carbonate, is an inorganic chemical. It is also referred to as zinc spar, calamine, or smithsonite. White, crystalline, insoluble zinc carbonate is a powder or solid. It is utilized in many different products, including fertilizers, cosmetics, and medications. It comes in several grades, such as technical grade and pharma & food grade, depending on how it will be used.

Zinc carbonate is extensively utilized by the pharmaceuticals & cosmetics industry across the globe owing to its anti-inflammatory properties. Majorly in cosmetics, it is used in lotions, creams, shampoos & other products. It is also used in feed additives to fight zinc deficiency.

One of the most profitable markets for zinc carbonate is the rubber industry. Zinc carbonate is a commonly used raw material in the production of rubber. It is used to increase the translucency or transparency of natural rubber. It could also be used as a flame retardant by acting as a fireproofing filler in high-temperature rubber. Rising demand for rubbers from various end-use industries is expected to boost the zinc carbonate market during the forecast period.

Key players in the zinc carbonate industry include Anron Chemicals Inc.; Global Chemicals; Shepherd Chemical; Seido Chemical Industry; Bruggemann Chemical