Zinc sulfide is an organic compound having the chemical formula ZnS. It is a highly purified additive that can be used to enhance coatings and plastic products. Zinc sulfide (ZnS) has a lower cost relative to zinc selenide (ZnSe) and zinc sulfide multispectral (ZnS MS) and has the material properties of being a tough and strong IR transmitting material.
MARKET DYNAMICS
Zinc sulfide is being increasingly used in various industries such as the coating and plastic production industries. In the coating industry, zinc sulfide is being used for the prevention of cracks, enhances UV curing performance, and reduces the risk of corrosion. It is also employed for plastic production where it is used for its high thermal conductivity, good optical properties as well as favorable processing properties. Along with this, it is cost-effective, and cab used as a substitute for various materials.
MARKET SCOPE
The "Global Zinc Sulfide Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the zinc sulfide market with detailed market segmentation by base application, and geography. The global zinc sulfide market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading zinc sulfide market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global Zinc Sulfide Market is segmented based on application. Based on application, the market is segmented into pigment, optical material, luminescent material, purified additive, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global zinc sulfide market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The zinc sulfide market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the zinc sulfide market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the zinc sulfide market in these regions.
MARKET PLAYERS
The report covers key developments in the zinc sulfide market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from zinc sulfide market are anticipated to witness lucrative growth opportunities in the future with the rising demand for zinc sulfide in the global market. Below mentioned is the list of few companies engaged in the zinc sulfide market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the zinc sulfide market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- American Elements
- Crystaltechno Ltd.
- II-VI Incorporated
- Jainson Labs
- Merck KGaA
- RD MATHIS COMPANY
- Reade International Corp.,
- Venator Materials PLC.
- Vital Materials Co., Limited.
- Vizag Chemical