PNX has got great assets and well developing projects. Particularly Zinc assets already became significant. There will be more positive communications and announcements regarding PNX projects and particularly Zinc.!!
Zinc oxide applications included in the report:
Rubber - Ceramics - Chemicals - Pharmaceuticals - Cosmetics & Personal Care - Agricultural - Others
"The market size of zinc oxide in terms of value is projected to reach USD 4,184.5 Million by 2020, and the global market size for zinc oxide is projected to register a CAGR of 6.0% between 2015 to 2020.
The market size of zinc oxide was estimated at 1,376.5 kilotons globally in 2014. Asia-Pacific was the largest market, accounting for 49% of the global market share in 2014 and is projected to register the highest CAGR between 2015 and 2020.
North America accounted for the second largest share of the zinc oxide market in 2014. Demand for zinc oxide is expected to increase with the growing automotive sales. While the rubber application accounted for the largest market share, chemicals and agricultural applications are projected to register higher growth over the next five years."
Ref : Market Watch
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