San Francisco, California, August 17, 2017: TMR Research presents a new report on the global zinc pyrithione market that discusses market indicators, growth trends, and competitive analysis at length for the forecast period between 2017 and 2025. The title of this report is “Zinc Pyrithione Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017-2025.” With the help of market-centric analytical tools, the report presents an analysis of strengths, weakness, opportunities, and threats of the market until the end of the forecast period in 2015.
The key driver of the global zinc pyrithione market is the use of zinc pyrithione as an antibacterial coating. Food and beverages, textile industries, and building and construction display a significant demand for antimicrobial coatings, which in turn is boosting the demand for zinc pyrithione.
The rising consumption of packaged food and beverages is indirectly benefitting the zinc pyrithione market. Zinc pyrithione is used in several food and beverages to prevent microbial growth. Moreover, non-food items such as carpets, mattresses, and leather materials that are prone to fungal and bacterial attacks also drive demand for zinc pyrithione to prevent damage.
The increasing utilization of zinc pyrithione in cosmetic products is also acting in favor of the growth of zinc pyrithione market. The anti-fungal and anti-bacterial properties of zinc pyrithione makes it an indispensable ingredient in skincare formulations. In addition, skin conditions such as psoriasis and dandruff can be controlled with the help of zinc pyrithione. The rising pollution level leading to an increased occurrence of skin ailments is likely to augment the use of skincare products in the coming years. Thus, the zinc pyrithione market will be benefitted.
On the flip side, stringent regulations against the use of zinc pyrithione especially in developed regions and fluctuating raw material prices may hamper the market’s growth over the forecast period.
The key end-use segments of the global zinc pyrithione market include textiles, heating, air-conditioning, ventilation, bathroom fittings, electronics, and medical devices.
The report segments the global zinc pyrithione market into the segments of North America, Asia Pacific, Europe, and the Rest of the World. North America being the global hub for anti-microbial coatings manufactures is also home to some of the leading players in the zinc pyrithione market. This accounts for the high revenue share of this regional market. The expanding construction sector in Asia Pacific is boosting the zinc pyrithione market in the region.
Some of the key players in the global zinc pyrithione market are Akcros Chemicals, Albermarle Corporation, Dow Chemicals, Evonik Industries, Ciba Specialty Chemicals, Akzo Nobel NV, Ashland Incorporated, BASF SE, and Clariant International.
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