Active Zinc Oxide Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Active Zinc Oxide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Active Zinc Oxide Price Trend for the Q1 of 2024
Asia
The feedstock chemicals of active zinc oxide, such as zinc oxide, were the primary drivers of the market during the first quarter of 2023. The market noticed consistent demand from the downstream coatings and rubber industries. The demand for the commodity was also influenced by the improvement in economic activities and the return of consumer confidence in this sector.
Active Zinc Oxide Price Chart
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This optimistic outlook, along with the limited influx of zinc ingots in the region, also extended ample support, leading to an uptrend in the pricing patterns of active zinc oxide. Although, towards the end of the quarter, the cost of zinc ingots fluctuated a little, no severe consequence of this alteration was observed on the pricing trajectory of active zinc oxide.
Europe
In European countries, the price trend of active zinc oxide struggled throughout the first quarter of 2024. The economic downturn of the European countries additionally limited the spending budget of the consumer, reflected well in the pricing trajectory of active zinc oxide. Further, despite the slowdown in production activities, the existing inventories still surpassed the demand for active zinc oxide, leaving both trading and manufacturing sectors to deal with the oversupply crises. Overall, the pessimistic outlook of the downstream industries, excessive inventories, and bleak market conditions pushed the active zinc oxide prices to the lower end of the spectrum.
North America
As opposite to the European prices and similar to the trend observed in the Asian countries, the active zinc oxide prices in the North American region inclined. The bullish sentiments prevailed over the market as they were supported by constricted supply chains and rising demand from the downstream industries.
The industrial advancements in the region and the slow and gradual recovery of the construction industry played a significant role in keeping the active zinc oxide prices on the upper end of the spectrum. The diminished supply from the Asian countries, along with the low water levels of the Panama Canal, also influenced an uptrend in the prices of active zinc oxide.
Analyst Insight
According to Procurement Resource, the price trend of Active Zinc Oxide is expected to swindle under the pressure of limited availability of raw materials along with strong demand from the end-user industries.
Procurement Resource provides latest prices of Active Zinc Oxide. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Active zinc oxide is a highly reactive form of zinc oxide characterized by its fine particle size and high surface area. It appears as a white or pale yellow powder and is valued for its enhanced chemical reactivity. This form of zinc oxide is widely used in various industrial applications due to its superior performance. In the rubber industry, it serves as an activator in the vulcanization process, enhancing the durability and elasticity of rubber products.
It also acts as a fluxing agent in ceramics and glass production, lowering melting temperatures and improving product properties. Additionally, active zinc oxide is used in coatings, paints, adhesives, and sealants for its UV protection and durability. Its antibacterial and antifungal properties make it a crucial ingredient in pharmaceuticals and cosmetics, particularly in sunscreens and skin treatments.
Report Features | Details |
Product Name | Active Zinc Oxide |
Chemical Formula | ZnO |
Industrial Uses | Rubber industry, Catalyst, Paint and coatings, Adhesives, Antibacterial and Antifungal product |
Molecular Weight | 81.38 g/mol |
Synonyms | 7664-41-7, Azane, Ammonia gas, Spirit of hartshorn |
Supplier Database | US Inc Zochem, Umicore, Chemet, IncNacional, Silox, GH Chemicals |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The thermal decomposition of zinc ore in the presence of oxygen gives solid zinc oxide and sulfur dioxide in gaseous form. This zinc oxide is then reduced using a carbon source such as coke/anthracite to convert it onto gaseous zinc. The zinc in gaseous form is further oxidized to give active zinc oxide.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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