Zinc Acetate Market Segmentation and Analysis by Recent Trends and Development 2021

Global Zinc Acetate Market is segmented on the basis of product, application, and geography. Zinc acetate is a white crystalline salt with chemical formula Zn (O2CCH3)2. It has a slight acetic odor with bitter taste. Zinc acetate is important for growth and development of body tissues. It is used to treat and avoid zinc deficiency. Zinc acetate normally occurs as the dihydrate and is used in medical preparations. It is formed by the action of acetic acid on zinc carbonate or zinc metal. Zinc acetate is also used in pharmaceutical formulations such as topical gels, lotions, and subcutaneous injections.

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Zinc acetate is mostly used in the preparation of oral dosages mainly for nutritional supplements. It is generally sold as an astringent in the form of ointment or combined with an antibiotic. Zinc acetate is normally sold as a topical antipruritic ointment. The major growth in the healthcare sector and pharmaceutical industry is expected to drive the zinc acetate market in the next couple of years. In pharmaceutical sector, zinc acetate is used for treating common cold. Being an air borne disease, it is spread very easily and frequently.

Research states that, mostly adults across the globe suffer from common cold more than two to three times annually while children suffer from even more frequently. In pharmaceutical sector, the wide use of products like topical lotion, ointments and antibiotics is expected to increase the zinc acetate market in the coming years. Due to rising use of pharmaceutical products in medicine the zinc acetate market is grow during the forecast period.

Based on product, the zinc acetate market is segmented into powder, plates, and flakes, and so on. Based on application, the zinc acetate market is segmented into pharmaceutical, dietary supplement, industrial uses, chemical synthesis, and healthcare, and so on. “Industrial uses” is further segmented into wood preservation, dyes fixative, manufacturing of ethyl acetate, and the other zinc based salts. These segments are also expected to act as major drivers in the zinc acetate market in future.

Based on geography, the zinc acetate industry is segmented into North America, Asia Pacific, Europe, Latin America and Middle East & Africa. Asia Pacific is dominated by large share in the zinc acetate industry in the next couple of years. This could be attributed to the growth in the pharmaceutical industry in the rising economies likes India, Indonesia, and China due to health consciousness and high demand for nutritional supplements in these countries. Also, North America, Europe, Latin America and Middle East & Africa are steadily growing at a decent rate due to the ongoing developments in these regions during the forecast period.

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Key players operating in the zinc acetate industry are Niacet Corporation, Celtic Chemicals, Shepherd Chemical Company, VASA Pharmachem, Global Calcium, Krishna Chemicals, Wuxi Unisen Chemical, Shanxi Zhaoyi Chemical, Shijiazhuang Runhong Technology, GFS Chemicals, Lianyungang Tongyuan Chemical Industry, TIB Chemicals AG, Wuxi Yangshan Biochemical, Anhui Hongyang Chemical, Alpha Chemika, Axiom Chemicals, Global Medicines Limited, New Alliance Dye Chem Private Limited, Power Pack Chem, Aldon Corporation, ProChem International, Noah Technologies Corporation, Boston BioProducts Inc., Amsyn and Shanxi Zhaoyi Chemical.

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