Nano Zinc Oxide Market By Product (Coated Nano ZnO, Un-coated Nano ZnO) 2019-2026

Global Market Insights, Inc. has recently added a report on Nano Zinc Oxide Market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry. The report also highlights the major challenges and current growth strategies adopted by the prominent companies that are a part of the dynamic competitive spectrum of this business sphere.

Nano zinc oxide market share is anticipated to witness remarkable growth prospects in the forthcoming years since the nanomaterials are used across various industries due to their superior optical, mechanical, electronic, magnetic and catalytic characteristics. Nano zinc oxides (ZnO) are specialized nanomaterials present in the form of powder or dispersions.

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Nano ZnO showcases high surface to volume ratio and quantum size effect. The amalgamation of zinc oxide nanostructures along with nanocellulose and graphene provides reduced shape, size, and structure, driving the use of the product in electronics application. 

Global nano zinc oxide market share is poised to reach USD 800 million by the end of 2026.

Described below are some of the factors anticipated to influence nano zinc oxide industry trends over the next few years:

Rapid growth of biomedical sciences

Globally, there is an upsurge in the cases of cancer and other chronic diseases. Metal oxide nanoparticles are actively used as an ingredient in anticancer drug, gene delivery, antibacterial and antimicrobial, biosensing medicines and cell imaging. Lower health impacts, simplified incorporation, and stable structures are some of the vital factors propelling the adoption of the product in biomedical science.

Furthermore, the product provides superior biocompatibility and reduced toxicity, encouraging the manufacturers to enhance its usage in order to render improved product durability and reliability. Surging use of the product in biological applications will magnify nano zinc oxide market forecast.

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Booming global cosmetics industry

High disposable income among people has propelled the global cosmetics industry with more and more people indulging in purchasing innovative personal care items. Nanoparticle zinc oxides are actively used in the preparation of sunscreens to facilitate improved UVA protection as compared to other minerals used in personal care items and sunscreens.

Regulatory requirements to provide safer and advanced formulations will support the effectiveness, safety, and reliability of sunscreens. Furthermore, newly developed, advanced products are constantly being introduced in the market in order to meet the burgeoning demand from the consumers along with ensuring the quality and safety standards.

According to Annex VI of the EU Cosmetic Regulation, in the year 2016, EU allowed nearly 25% of zinc oxide usage in cosmetic manufacturing. Rising regulations set by the government will support the usage of nanomaterials. 

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Improving economic conditions across developing nations

Changing consumer preference towards the use of safe and reliable products even at a higher cost will complement the industry dynamics over the projected period of study. Regionally, emerging nations such as Asia Pacific and Latin America will showcase robust growth prospects due to the improvement in the economic conditions resulting from the increase in FDIs which is leading to a rise in employment rate.

Rise in disposable income among the people has led to a subsequent upsurge in the consumption of personal care items and cosmetics products. The growing rate of population in countries like India, China, Japan, and Brazil will escalate the demand for personal care products, actively bolstering APAC nano zinc oxide industry outlook.

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