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Active Zinc Oxide From Zinc Ash, Secondary Zinc Waste & Eaf Dust | |
| Active Zinc oxide is a chemical compound with formula ZnO. It occurs as white hexagonal crystals or a white powder commonly known as zinc white which is used as a pigment in paints. It is nearly insoluble in water but soluble in acids or alkalis. Chinese white is a special grade of zinc white and used in artists' pigments. Zinc oxide and stearic acid are important ingredients in the commercial manufacture of rubber goods. Active Zinc oxide is valuable and growth-oriented product both for direct application and production of other zinc compounds. Two main processes for producing Active zinc oxide are direct and indirect methods. In the direct or American method, zinc ore is heated in air with coke or anthracite, and the resulting zinc vapors are subjected to the controlled oxidation. In the indirect or French process the zinc vapors to be oxidized are obtained by boiling zinc. Active Zinc oxide (ZnO) is water insoluble compound, but soluble in acid and bases. It has wide application in industry such as Rubber, Ceramics, Chemicals, Pharmaceuticals, Cosmetics & Personal Care, Agricultural, and Others. Active Zinc oxide is used primarily in cosmetics and personal care products including makeup, baby lotions, bath soaps, nail products, and powders and others. Rising demand for cosmetics and personal care products will add to the growth of Active zinc oxide market in forecast time. The global Active zinc oxide (ZnO) market size is projected to grow from USD 4.4 billion in 2019 to USD 5.7 billion by 2024, at a compound annual growth rate (CAGR) of 5.4%, during the forecast period. ZnO is a white inorganic compound that is used widely in pharmaceuticals, rubber, ceramics cosmetics, chemicals, and glass industries. The growth of these end-use industries is expected to fuel the global Active zinc oxide market demand over the forecast period. Active Zinc oxide is the most widely used zinc compound, and it plays an important role in a multitude of applications. The galvanization of steel products accounts for half of global zinc consumption due in large part to the metal's critically important corrosion-resistant properties. Active Zinc oxide is also a critical material in the manufacturing of tires, where it increases resilience and elasticity, literally putting the bounce in rubber. Increasing demand of Active Zinc oxide in chemical and manufacturing industry will further boost the market size. Industrial application of the product majorly vulcanization of rubber will surge significantly in forecast period. Tire industry is also one the major consumer of the product. Other major application including manufacturing of concrete, photovoltaic, electronic, optoelectronic devices and glass cutting. India exported Zinc-Oxide worth USD 2,344,417.64. Vietnam is one of the largest buyers of Zinc-Oxide from India, accounting for exports worth USD 666,311.42. The other big buyers of Zinc-Oxide are Spain and Qatar which buy Zinc-Oxide worth USD 486,487.22 and USD 179,654.28 respectively. Rising application of product in paints and coatings is projected to drive the Active zinc oxide market growth. One trend in the market is increasing use in semiconductor industry. The growing demand for Active zinc oxide in the production of varistors, ferrites, and solar cells is expected to propel the growth of the global Active zinc oxide market in the forecast period. The major driver in the market is growing demand for Nano Active zinc oxide. Nano Active zinc oxide is a specialized nanomaterial that is mainly available in the form of dispersions and powders. Companies operating in the Active zinc oxide market are also focusing on new product development and agreement to tap the opportunities in applications, such as solar energy, surface coatings, and pharmaceuticals. The Europe market is mature and developed stably in the past few years and will keep the trend in the next years. North America, led by the U.S. is expected to account for substantial growth in the market during the forecast period. Few Indian major players are as under Transpek-Silox Industry Pvt. Ltd. Rubamin Pvt. Ltd. Nav Bharat Metalic Oxide Inds. Pvt. Ltd. Chemspec Chemicals Pvt. Ltd. | |
| Plant capacity: Active Zinc Oxide: 20 MT / Day | Plant & machinery: Rs 285 lakhs |
| Working capital: - | T.C.I: Cost of Project: Rs 830 lakhs |
| Return: 31.00% | Break even: 56.00% |
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