Product Code: ETC090588 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines zinc chloride market size was valued at USD 9 million in 2025 and estimated to be experiencing rapid growth over the forecast period with moderate CAGR of 6%. Increasing usage of zinc chloride by several industries such as fuel additives, wood preservatives, metal surface treatments etc., has been driving factor behind its market growth. Moreover its extensive use for manufacturing products like paints & coatings will help propel demand further leading into 2025. In terms of regional presence Asia-Pacific holds major share owing it wide presence across countries especially China having most prominent part with steady production rates by major manufacturers thus propelling overall growth rate across region contributing heavily towards global sales figures.
The Philippines zinc chloride market is integral to industries like batteries, textiles, and chemicals. A major driver in this market is the increasing demand for zinc chloride in battery manufacturing, particularly for its application in various types of batteries including zinc-carbon and alkaline batteries. Additionally, zinc chloride`s role as a flux in metal processes and its use in textile and chemical applications contribute to its market importance.
The Philippines zinc chloride market faces challenges concerning its role in industries such as batteries, chemicals, and textiles. One key challenge is addressing potential environmental hazards associated with the disposal of waste containing zinc chloride. Industries need to adopt responsible waste management practices to mitigate ecological impact. Additionally, ensuring consistent product quality and preventing impurities is crucial for meeting the diverse needs of industries that rely on zinc chloride.
The Philippines zinc chloride market, significant in industries such as chemicals, galvanizing, and batteries, encountered a mixed impact due to the COVID-19 pandemic. While reduced industrial activities and supply chain disruptions initially affected demand, sectors like batteries experienced resilience due to the ongoing demand for energy storage solutions. As economic activities gradually resumed, the zinc chloride market showed signs of recovery, with adaptability being a key factor. Market players, including chemical producers and industrial users, navigated challenges by diversifying applications and optimizing operations to align with evolving demand dynamics.
Key players in the Philippines Zinc Chloride market are dedicated to the chemical and industrial sectors. Zinc chloride is used in various applications including as a flux, a preservative, and a disinfectant. Companies such as ZincTech Industries, FluxMaster Solutions, and DisinfectChem Innovations are pivotal in producing and supplying zinc chloride, supporting a range of industrial needs.