Increasing disposable income of the population and rising awareness about the personal hygiene is likely to support growth of the global zinc pyrithione market. The increasing demand for cosmetic products and shampoo is likely to support growth of this market in foreseeable future.The stringent law against the use of tri-butyl-tin is likely to present a promising growth opportunity for the other booster biocide which is zinc pyrithione. These are some of the factors bolstering growth of this market in foreseeable future.
zinc pyrithione is utilized in the cureing dry skin,vitiligo, atopic dermatitis, psoriasis, athlete’s foot, eczema, tinea and ringworm.It is also utilized as the anti-fungal driving force in water based coatings and paints. Along with the fillers and pigments, the zing pyrithione is also included during the production procedure of paint. These are some of the factors positively driving growth of this market too.
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Rise in Price Fluctuation of Raw Materials to Limit Market Growth
On the other hand, the strict government regulation in Europe and North America to use zinc pyrithione and fluctuating price of the raw materials is expected to retrain overall growth of the global zinc pyrithione market over the assessment period.
Presence of Several Manufacturers in North America to Boost Market Growth
From geographical point of view, North America is likely to lead the global zinc pyrithione market due to rising presence of personal care industry in this region. The North America is expected to demonstrate maximum share, primarily in the U.S. region. However, other major economies such as Asia Pacific are likely to exhibits massive growth opportunity due to rising personal care products in the region. Mainly, in China which is primary market for cosmetic products. Furthermore, the per capita early expenditure of cosmetic is high in Japan as compare to U.S., France, and South Korea in the year, 2015.
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