Home / Chemicals / Zinc Chloride Market Growth, Future Prospects & Competitive Analysis, 2016 - 2022

Zinc Chloride Market Growth, Future Prospects & Competitive Analysis, 2016 - 2022

Overview:

Zinc chloride is a deliquescent salt, white in color which forms acidic solutions in polar organic solvents such as acetone, ether, ethanol, and with water. It is also known to be hygroscopic and therefore needs to be protected from water vapor or any other sources of moisture. Neutral solutions of zinc chloride can be prepared with zinc chloride and acetone. Zinc chloride is known as Lewis acid and hence is electrophilic in nature. Its catalytic activity is lower as compared to aluminum chloride in Friedel-Crafts types of reactions. Zinc chloride is particularly effective in catalyzing reactions which eliminate mercaptans or ammonia and water.

Zinc chloride has wide range of applications in various end-user industries. Some of applications include Soldering, galvanizing and tinning of fluxes. Heat decomposes moist fluxes based on zinc chloride which forms hydrochloric acid. This acid helps removal of salts and oxides from metal surfaces which help in good metal-to-metal bonding. Odor control is another application of zinc chloride due to which it is in high demand in the market. The reaction of zinc chloride with sulfide minimizes the release of H2S gas in waste water treatment facilities, thus controlling odor. Vulcanization of rubber is the major application of zinc chloride among others. Zinc chloride is widely used in the rubber industry. Zinc chloride helps dissolve cellulosic fibers in the scrap and catalyzes depolymerization of the elastomer. Zinc chloride is used for many other applications such as organic synthesis, as liquid fertilizer, for textile finishing, as wood preservative and for dry cell batteries.

Growing demand for zinc chloride from the chemical industry is anticipated to boost the growth of global zinc chloride market. Escalating demand from the textile industry is another factor contributing to the demand for zinc chloride in the market. Side effects of zinc chloride and availability of safer alternatives is expected to hinder the growth of global zinc chloride market. However, rising research and development activities for applications of zinc chloride is projected to fuel market growth during the forecast period.

The global zinc chloride market is segmented on the following bases:

1.    Applications

a.    Metallurgical Fluxes

b.    Chemical Synthesis

c.    Textile Processing

d.    Wood Preservatives

e.    Others (Petroleum, Dry Cell, etc.)

2.    Geography

a.    North America

                i.    US

                ii.    Canada

b.    Europe

                i.    UK

                ii.    Germany

                iii.    France

                iv.    Rest of Europe

c.    Asia-Pacific (APAC)

                i.    Japan

                ii.    China

                iii.    India

                iv.    Rest of APAC

d.    Middle East and Africa (MEA)

                i.    South Africa

                ii.    Saudi Arabia

                iii.    Rest of MEA

e.    Latin America

Key Players Identified for Zinc Chloride Market Include but are Not Limited to:

American Elements, Apex Chemicals Corporation, Eurocontal SA, Flaurea Chemicals, Global Chemicals Co., Ltd, TIB Chemicals AG, Vijaychem Industries, Weifang Dongfangsheng Chemical Co., Ltd. and Zalcon LLC among others.

This report offers:

  • An overview of the global markets for zinc chloride market
  • Market trends assessment for the period 2014-2022, with historical information for 2014 & 2015, and projections through 2022, with respective CAGRS during 2016-2022
  • Qualitative assessment tools such as market drivers, challenges and future prospects, market attractiveness and positioning of key players
  • Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics.
  • A general overview of the industry structure
  • Company profiles highlighting key information about the major players operating in the zinc chloride market
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