India Zinc Borate Market (2024-2030) Outlook | Forecast, Analysis, Industry, Size, Companies, Share, Value, Trends, Revenue & Growth

India Zinc Borate Market Synopsis

Zinc borate is an inorganic compound used as a flame retardant, mildew and fungal inhibitor, anti-corrosive additive, corrosion inhibiting pigment, wood preservative and insecticide. It is also known to have excellent thermal stability at temperature up to 300?C. Zinc borate finds application in plastics processing industry for improving mechanical properties such as heat deflection temperature (HDT) and impact strength of the polymers. Additionally it provides insulation against UV radiation which further enhances its usage in varied applications ranging from electronic potting compounds to rubber products among others. The rising demand for plastic materials coupled with increasing awareness towards fire safety are some of the factors driving market growth.

Market Drivers

The primary drivers for zinc borate market are increasing use of FRP composites across various industries such as automotive, aerospace & construction owing to their lightweight yet strong characteristics along with regulations related to health & safety standards worldwide pertaining to fire safety requirements. High performance insulating material???s requirement due rise in disposable income globally leading costumers shifting preference from conventional building material like bricks & mortar towards pre fabricated structures has surged product consumption over past few years. In addition developments made by manufacturers in terms of development of new products tailored according customer needs will continue propel this market growth.

Challenges of the Market

Volatility in raw material prices coupled with stringent government policies pertaining environmental pollution may hamper market growth rate during assessment period. Moreover availability alternatives substitutes such calcium carbonate or talc may restrain expansion this marketplace near future.

Key Players in the Market

Prominent players operating within India Zinc Borate Market include Lanxess AG , Sino Chemical Industry Co., Ltd , Agrofert Holding A.S., Borax Moravia sro , BoChemical Technology Co.,Ltd , Shanghai Xinglu Chemical Technology Co.,Ltd among other regional players majorly concentrated around East Asia region. Most global entities have presence across India subcontinent through local sales distributors or subsidiaries established there.

COVID-19 impact on the market

COVID 19 pandemic has created havoc nation wide several industries including zinc borate sector. Lockdown imposed nationwide led shutdown manufacturing units and disruption supply chain operations resulted fall production volume thereby decreasing revenue generation across industry overall effecting profitability graph most businesses involved here recently concluded fiscal.

Key Highlights of the Report:

• India Zinc Borate Market Outlook
• Market Size of India Zinc Borate Market, 2023
• Forecast of India Zinc Borate Market, 2030
• Historical Data and Forecast of India Zinc Borate Revenues & Volume for the Period 2020-2030
• India Zinc Borate Market Trend Evolution
• India Zinc Borate Market Drivers and Challenges
• India Zinc Borate Price Trends
• India Zinc Borate Porter's Five Forces
• India Zinc Borate Industry Life Cycle
• Historical Data and Forecast of India Zinc Borate Market Revenues & Volume By By Type for the Period 2020-2030
• Historical Data and Forecast of India Zinc Borate Market Revenues & Volume By 2ZnO·3 B2O3·3.5H2O for the Period 2020-2030
• Historical Data and Forecast of India Zinc Borate Market Revenues & Volume By 2ZnO·3 B2O3 for the Period 2020-2030
• Historical Data and Forecast of India Zinc Borate Market Revenues & Volume By 4ZnO·B2O3·H2O for the Period 2020-2030
• Historical Data and Forecast of India Zinc Borate Market Revenues & Volume By 4ZnO·6B2O3·7H2O for the Period 2020-2030
• Historical Data and Forecast of India Zinc Borate Market Revenues & Volume By 2ZnO·2B2O3·3H2O for the Period 2020-2030
• Historical Data and Forecast of India Zinc Borate Market Revenues & Volume By By End-use for the Period 2020-2030
• Historical Data and Forecast of India Zinc Borate Market Revenues & Volume By Flame Retardant for the Period 2020-2030
• Historical Data and Forecast of India Zinc Borate Market Revenues & Volume By Compound Formulation for the Period 2020-2030
• Historical Data and Forecast of India Zinc Borate Market Revenues & Volume By Others for the Period 2020-2030
• India Zinc Borate Import Export Trade Statistics
• Market Opportunity Assessment By By Type
• Market Opportunity Assessment By By End-use
• India Zinc Borate Top Companies Market Share
• India Zinc Borate Competitive Benchmarking By Technical and Operational Parameters
• India Zinc Borate Company Profiles
• India Zinc Borate Key Strategic Recommendations