Zinc Chloride Industry Size, Share, Demand & Growth by 2033
By 2023, it is anticipated that size of the global market for zinc chloride will be worth US$ 309.6 million . Throughout the anticipated period, the market is anticipated to surge at a CAGR of 5.0% . By the end of the forecast period 2023 to 2033, a market value of US$ 505.6 million is predicted. Demand for zinc chloride is expected to rise as a result of expansion in a number of sectors, including chemicals, medicines, and agriculture. These sectors rely substantially on zinc chloride due to the variety of manufacturing techniques and product compositions it is used in. Demand for consumer goods and infrastructure development in emerging nations is being fueled by growing populations and rising disposable income levels. Batteries, textiles, rubber, and plastics- all vital components of numerous consumer goods and building materials, are produced with the help of zinc chloride. Demand for renewable energy technology is rising as environmental laws and a focus on sustain...