Thailand Zinc Chloride Market Synopsis
The zinc chloride market size in Thailand was estimated at US$ 2 million in 2018 and is anticipated to witness robust growth over forecast timeline owing surging use across various applications like battery manufacturing; pharmaceutical sector; dyeing sector; etc., It acts as catalyst or hardening agent which increases strength & hardness between two surfaces when used with glycerol or starch based adhesives due which it finds extensive use across paper packaging industry wherein cardboard boxes need sealing together so that no water enters them while shipping goods safely around world& thereby necessitates presence amount adhesive material thereon. Rising environmental concerns accompanied with supportive regulatory framework adopted by Thai authorities toward sustainable production methods along with growing ecommerce trade volume will create substantial opportunity for players operating.
Drivers of the Market
The Thailand zinc chloride market finds its main applications in the chemicals industry, as well as in metallurgy and textile processing. Zinc chloride is used in various chemical reactions and as a flux in metallurgical processes. The expansion of chemical production, metallurgical activities, and textile manufacturing contribute to the demand for zinc chloride. Its versatility in different industrial processes sustains market growth.
Challenges of the Market
The Thailand zinc chloride market faces challenges due to environmental concerns and industry shifts. Zinc chloride is used in sectors like chemicals and textiles. Managing waste generated during production and finding sustainable uses for byproducts are ongoing challenges. Moreover, industry trends toward sustainable practices and alternative chemicals impact market demand.
COVID-19 Impact on the Market
The Thailand zinc chloride market felt the impact of the Covid-19 pandemic on industries such as batteries, chemicals, and textiles. Fluctuations in manufacturing and reduced consumer demand for products like batteries influenced the market`s trajectory, reflecting the broader economic challenges posed by the pandemic.
Key Players in the Market
Zinc chloride has applications in various industries, including chemicals and metallurgy. Notable players might include Merck, Zaclon, and American Elements.
Key Highlights of the Report:
- Thailand Zinc chloride Market Outlook
- Market Size of Thailand Zinc chloride Market, 2024
- Forecast of Thailand Zinc chloride Market, 2031
- Historical Data and Forecast of Thailand Zinc chloride Revenues & Volume for the Period 2021-2031
- Thailand Zinc chloride Market Trend Evolution
- Thailand Zinc chloride Market Drivers and Challenges
- Thailand Zinc chloride Price Trends
- Thailand Zinc chloride Porter's Five Forces
- Thailand Zinc chloride Industry Life Cycle
- Historical Data and Forecast of Thailand Zinc chloride Market Revenues & Volume By Grade for the Period 2021-2031
- Historical Data and Forecast of Thailand Zinc chloride Market Revenues & Volume By High Purity Grade for the Period 2021-2031
- Historical Data and Forecast of Thailand Zinc chloride Market Revenues & Volume By Battery Grade for the Period 2021-2031
- Historical Data and Forecast of Thailand Zinc chloride Market Revenues & Volume By Technical Grade for the Period 2021-2031
- Historical Data and Forecast of Thailand Zinc chloride Market Revenues & Volume By Commercial Grade for the Period 2021-2031
- Historical Data and Forecast of Thailand Zinc chloride Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Thailand Zinc chloride Market Revenues & Volume By Dry Cell Batteries for the Period 2021-2031
- Historical Data and Forecast of Thailand Zinc chloride Market Revenues & Volume By Water Treatment for the Period 2021-2031
- Historical Data and Forecast of Thailand Zinc chloride Market Revenues & Volume By Catalyst for the Period 2021-2031
- Historical Data and Forecast of Thailand Zinc chloride Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Thailand Zinc chloride Market Revenues & Volume By End-users for the Period 2021-2031
- Historical Data and Forecast of Thailand Zinc chloride Market Revenues & Volume By Electronics for the Period 2021-2031
- Historical Data and Forecast of Thailand Zinc chloride Market Revenues & Volume By Chemical for the Period 2021-2031
- Historical Data and Forecast of Thailand Zinc chloride Market Revenues & Volume By Agriculture for the Period 2021-2031
- Historical Data and Forecast of Thailand Zinc chloride Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
- Thailand Zinc chloride Import Export Trade Statistics
- Market Opportunity Assessment By Grade
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By End-users
- Thailand Zinc chloride Top Companies Market Share
- Thailand Zinc chloride Competitive Benchmarking By Technical and Operational Parameters
- Thailand Zinc chloride Company Profiles
- Thailand Zinc chloride Key Strategic Recommendations