According to a recent market study published by Growth Market Reports, titled, “Global Zinc Silicofluoride Market, by Type, Form, Application, Distribution Channel, and Region: Size, Share, Trends and Opportunity Analysis, 2016-2031”. The Global Zinc Silicofluoride Market size was valued at USD 220.7 Million in 2022 and is anticipated to reach USD 335.1 Million by 2031, expanding at a CAGR of 4.9% during the forecast period.

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According to the Growth Market Reports industry analyst Aditya Jawalkar, the “Global Zinc Silicofluoride Market” is anticipated to register significant growth during the forecast period, 2022-2031. The growing construction of townships and residential buildings and the reduced land-to-population ratio are anticipated to fuel the zinc silicofluoride market. The market for zinc fluorosilicate is expanding steadily, owing to its wide range of applications in various industries. Ongoing research and development focus on improving the performance of products and broadening their uses, thereby boosting the market.

Zinc silicofluoride is a white to off-white crystalline, sand-like powder. It is used in the ceramic industry for glazing. It is also used as a hardener in specialty concrete mixtures, plaster enhancer, a catalyst for the production of polyester fibers, and as a mothproofing agent for textiles. Additionally, it functions as a cleaner of stone, brick, concrete, and other construction materials by mixing zinc fluosilicate with other chemicals and making a pasty mixture.

Primary and secondary research methodology is used for keen observation and study of the global zinc silicofluoride market. Primary research methodology involves commercial agreements made with the primary respondents and consulting partners to extract critical information pertaining to the syndicated as well as consulting projects. Primary interviews are conducted with stakeholders across industry verticals at regular intervals in line with the ongoing studies and to be updated with the latest market trends and developments. Validation of the estimated market size and current and future trends is done by the key opinion leaders (KOLs). These KOLs are the CXO level people from key companies in the industry and possess experience of around 10-20 years in the industry. The secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights, and other KPIs. Company websites, their SEC filings, annual reports, broker & financial reports, and investor presentations are scanned to understand the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases are analyzed for macro & micro analysis. Research publications and paid data are referred to obtain and validate the market estimations, budget, expenditure, and other statistical insights.

The COVID-19 pandemic has highlighted economic disparities in global demand amid a crisis of global interdependence and governance challenges. The pandemic raised concerns for businesses to forecast emerging patterns and vulnerabilities. Strict measures imposed by the governments affected businesses and caused unanticipated shortage of raw materials & labors and long-term effects. In the long term, COVID-19 serves as an opportunity for some manufacturers to reconsider their commitment to the supply chain in regions prone to outbreaks and to reconfigure themselves regionally. The outbreak of COVID-19 disrupted the production process of several manufacturing industries and businesses. Moreover, trade barriers reduced the demand-supply of various products and services.

Key Takeaways from the Study:

  • Key market players include PARTH INDUSTRIES; Central Drug House; City Chemical LLC; JAYFLUORIDE PRIVATE LIMITED; Otto Chemie Pvt. Ltd.; Foshan Nanhai Shuangfu Chemical Co., Ltd; and Hangzhou Keying Chem Co., Ltd.

  • On the basis of type, the market is categorized as upto 98% and above 98%. The above 98% segment held a major market share in 2022 and is projected to expand at a significant rate during the forecast period. Zinc silicofluoride with 99% purity costs higher as compared to the below 98% purity. It is used in various applications, including concrete hardeners and plaster additives.

  • Based on distribution channel, the market is categorized as Direct Sales through Manufacturer, Sales through Distributorhe sales through distributors segment held a major market share in 2022 and is projected to expand at a significant rate during the forecast period. The product is often sourced from construction contractors. The manufacturers distribute the product to wholesalers who in turn allocate the product to various distributors.

  • On the basis of application, the market is categorized as Curing Agent for cement, Mothproofing agent for Textiles, Polyester Fibre Production, Plaster Additive, Glass Manufacturing, and Others. The curing agent for cement segment held a major market share in 2022 and is projected to expand at a significant rate during the forecast period. Zinc silicofluoride is exclusively used as a hardening agent for cement and plaster. It is also used as a catalyst in polyester fiber production with a volume ranging from 0.1% to 0.01% by weight of the reaction mixture.

  • Based on region, the global zinc silicofluoride market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific is expected to remain dominant during the forecast period. Increasing population and rising infrastructural developments are expected to drive the market in the region. The market in Middle East & Africa is anticipated to expand at a significant CAGR, owing to upcoming construction projects.

Report Scope:

Report Metric

Details

Market Value in 2022

USD 220.7 Million

Market Growth Rate (from 2023 to 2030)

4.9%

Historical Data

2016 & 2021

Base Year

2022

Forecast Period

2023 – 2031

Units Considered

Value (USD Million)

Market Segments

By Type, Application, Distribution Channel, and Region

Key Companies Profiled

PARTH INDUSTRIES; Central Drug House; City Chemical LLC; JAYFLUORIDE PRIVATE LIMITED; Otto Chemie Pvt. Ltd.; Foshan Nanhai Shuangfu Chemical Co., Ltd; and Hangzhou Keying Chem Co., Ltd.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

 

Target Audience:

  • Supply-side: Raw material suppliers and Manufacturers

  • Demand Side: Industrial sectors

  • Regulatory Side: Concerned government authorities and other regulatory bodies