Mexico Zinc Oxide Market Projected to Expand Rapidly with CAGR 2.8% by 2027

MarkNtel Advisors recently published a detailed industry analysis of the Mexico Zinc Oxide Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Mexico Zinc Oxide Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2027

The Mexico Zinc Oxide Market is projected to witness CAGR 2.8% growth during the forecast period, i.e., 2022-27

Key Findings in Mexico Zinc Oxide Market:

• Historical Analysis: 2017–2020
• Base Year: 2021
• Forecast Period: 2022–2027

Leading Market Players- Zinc Nacional, Brenntag, RE Caroll Inc., Zochem Inc., Glencore, Lanxess, PAN Continental Chemical, Weifang Longda Zinc Industry, Others

Key Highlights of the Report

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

What are the major Driver the Mexico Zinc Oxide industry?

Escalating demand for Zinc Oxide in Rubber Industry- The expansion in Mexico's automotive industry is one of the key contributors to the rising demand for zinc oxide since it is utilized in the rubber industry for manufacturing tires & other parts. Mexico is home to tire manufacturers such as JK Tornel, Bridgestone, etc., for several passenger & commercial vehicles.

The strategic location of Mexico helps in trade between North American & Central American markets, where road transportation plays a key role. It has positively impacted the demand for trucks in the country and provided more opportunities for the players to offer truck tires.

In 2019, Cooper Tires & Rubber Company announced manufacturing a new line of tires in Jalisco, Mexico, which would include tires for passenger cars & trucks. Moreover, the growth in the e-commerce sector and increasing construction activities & mining projects in the country are anticipated to boost the demand for trucks and, in turn, for zinc oxide while manufacturing their tires. For instance:

• In November 2019, the Mexican government and private sector representatives announced the first package of an ambitious “Private-Sector-Led” USD 424 billion infrastructure plan. It identifies 147 projects out of an estimated 1,600, totaling USD 43 billion. The overall plan covers transportation, telecommunications, water & sanitation, energy, tourism, and social welfare.

✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

https://www.marknteladvisors.com/query/request-sample/mexico-zinc-oxide-market.html

What segments define the Mexico Zinc Oxide Market from 2022 to 2027? How do these segments contribute to market dynamics and growth?

By Application

• Rubber Industry
• Ceramic Industry
• Pharmaceuticals
• Food & Beverages
• Paints, Coatings & Pigments
• Personal Care
• Others (Chemicals, Automotive, etc.)

According to report, Of them all, the rubber industry captured a majority share in the Mexico Zinc Oxide Market during 2017-19 due to its high usage in the tire production for the automotive sector.

By Grade

• Standard
• Treated
• United States Pharmacopia (USP)
• Food and Chemical Codex (FCC)

According to report, Here, Standard Grade captured a considerable share in the Mexico Zinc Oxide Market during 2017-20 owing to its extensive application in rubbers & ceramics due to its purity ranging between 99-99.5%.

By Process

• Indirect Process or French Process
• Wet Process
• Direct Process or American Process

Explore the Complete Mexico Zinc Oxide Market Analysis Report – https://www.marknteladvisors.com/research-library/mexico-zinc-oxide-market.html

 Key Questions Addressed in This Study

• What are the primary factors driving the growth of the Mexico Zinc Oxide Market?
• How is the Mexico Zinc Oxide Market expected to evolve over the next five years?
• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/mexico-zinc-oxide-market.html

Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

More Research Studies Report:

https://finance.yahoo.com/news/united-states-us-durian-fruit-0527.727.700171.html

https://finance.yahoo.com/news/global-open-banking-market-size-052000116.html

https://finance.yahoo.com/news/global-clinical-workflow-management-software-02.8470027.726.html

https://finance.yahoo.com/news/global-nutraceutical-products-market-estimated-02.827.790052.85.html

https://finance.yahoo.com/news/global-hemp-fiber-market-surpass-124700442.html

https://finance.yahoo.com/news/global-tire-market-value-reach-14010092.86.html

https://finance.yahoo.com/news/molybdenum-mo-market-reach-6-140100692.html

For Media Inquiries, Please Contact:

Email: sales@marknteladvisors.com

Trending Blogs : www.marknteladvisors.com/blogs

Export-import Data : https://www.marknteladvisors.com/export-import-data