Global Zinc Phosphate Market by Product Type by Application (High Zinc Containing Zinc Phosphate, Low Zinc Containing Zinc Phosphate), and by Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Zinc Phosphate Market Overview:

The Global Zinc Phosphate Market is projected to be USD 134.9 Mn in 2021 to reach USD 156.4 Mn by 2032 at a CAGR of 1.5%.

Zinc phosphate is an inorganic compound containing phosphorus, zinc, and oxygen with the chemical formula Zn3(PO4)2. It is often used as a corrosion inhibitor when applied to metal surfaces.

Zinc phosphate is also known as trizinc phosphate, zinc orthophosphate, trizinc diphosphate, phosphoric acid, etc. Used in various industries as corrosion and scale inhibitors, paint additives and coating additives, pigments, electroplating agents, surface treatment agents, and surfactants.

Global Zinc Phosphate Market Revenue (USD Mn), 2021–2031:

Zinc phosphate enhances paint adhesion by improving the bonding process. It reduces the reaction of the paint with the metal and creates a barrier between the substrate and the paint.

Zinc phosphate also reduces general surface corrosion of metal substrates and reduces under-film delamination when the paint film is damaged. This is expected to further boost this target market.

This product needs to be handled with a high degree of precaution and safety; otherwise, it will interfere with aquatic life and human health. This factor may dampen economic growth in this target market.

The COVID-19 pandemic has resulted in the slowdown of critical trade activities across several countries. The primary factor behind this slowdown are the countermeasures being adopted by these countries to curb the trajectory of this virus.

As major economies enforced precautionary lockdowns, market supply and demand is being hampered considerably, resulting in greater difficulties for both manufacturers and distributors to manage their respective operations in an effective manner.

This factor is anticipated to influence future prospects for revenue growth. However, as these lockdowns are gradually lifted, and economies begin to recover, this market is expected to reflect the same.

Global Zinc Phosphate Market Attractiveness Analysis by Product Type by Application, 2015–2031:

The global zinc phosphate market is segmented on the basis of product types such as high zinc containing zinc phosphate, and low zinc containing zinc phosphate, and it is further sub-segmented by the application such as water-based anti-corrosive coating and solvent-based anti-corrosive coating.

Under the product type market segmentation, the water-based anticorrosive coating segment is expected to account for the majority revenue share of this target industry. On the basis of region, this market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

The markets in North America are projected to account for the majority share, in terms of revenue, of the global zinc phosphate market, and are projected to maintain their respective market position over the forecast period.

The research report on the global zinc phosphate market includes profiles of some of the major companies such as:

• BASF SE
• Henkel Corporation
• Ferro Corporation
• Heubach GmbH
• Societe Nouvelle Des Couleurs Zinciques (SNCZ)
• Jiangsu Shenlong Zinc Industry Co. Ltd.
• WPC Technologies
• Mamta Industries
• VB Technochemicals SA
• Delaphos
• Noelson Chemicals
• Others.

Segmentation for Global Zinc Phosphate Market Based on Product Type by Application and Region:

Based on Product Type by Application

• High Zinc Containing Zinc Phosphate
  • Water-Based Anticorrosive Coating
  • Solvent-Based Anticorrosive Coating
• Low Zinc Containing Zinc Phosphate
  • Water-Based Anticorrosive Coating
  • Solvent-Based Anticorrosive Coating

Based on Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

For the Zinc Phosphate Market research study, the following years have been considered to estimate the market size: