Press Release

Global Zinc Sulfide Market is Expected to Reach US$ 160 Mn by 2023

Date : Aug 20, 2018

New report published by Global QYResearch which offers insights on the global Zinc Sulfide market. The Zinc Sulfide market has been experiencing steady growth graph since past years. In 2017 the global Zinc Sulfide market was valued at US$ 130 Mn and by the end of the assessment year (2023), it is estimated to touch a value more than US$ 160 Mn growing at a value CAGR of 3.5% throughout the period of forecast.

Global Zinc Sulfide Market by Type

Zinc sulfide is a yellowish-white powder in a liquid, insoluble in water and denser than water. Primary hazard is to the environment. Immediate steps should be taken to limit spread to the environment. Easily penetrates the soil to contaminate groundwater and nearby waterways.

There are three types including Purity≥99.99%, Purity≥99.9% and Purity≥97.0%.

Purity≥99.99%:  Assay: 99.99% trace metals basis   Form: powder

Purity≥99.9%: Assay: 99.9% trace metals basis   Form: pieces

Purity≥97.0%: Assay: ≥97.0% (from Zn)

Global Zinc Sulfide Market: Market Driver and Restraint

Zinc Sulfide is mainly used in Pigment, Optical material, Luminescent material and others.

Zinc sulfide is a common pigment, sometimes called sachtolith. When combined with barium sulfate, zinc sulfide forms lithopone.

Zinc sulfide is also used as an infrared optical material, transmitting from visible wavelengths to just over 12 micrometers. It can be used planar as an optical window or shaped into a lens. It is made as microcrystalline sheets by the synthesis from hydrogen sulfide gas and zinc vapour, and this is sold as FLIR-grade (Forward Looking IR), where the zinc sulfide is in a milky-yellow, opaque form.

Zinc sulfide, with addition of few ppm of suitable activator, is used as phosphor in many applications, from cathode ray tubes through X-ray screens to glow in the dark products. When silver is used as activator, the resulting color is bright blue, with maximum at 450 nanometers. Using manganese yields an orange-red color at around 590 nanometers. Copper gives long-time glow, and it has the familiar greenish glow-in-the-dark. Copper-doped zinc sulfide ("ZnS plus Cu") is used also in electroluminescent panels. It also exhibits phosphorescence due to impurities on illumination with blue or ultraviolet light.

Global Zinc Sulfide Market: Forecast by Region

North America, Europe, Asia-Pacific, Latin America and Mideast & Africa are the regions that are included in this report. Asia-Pacific is the dominant market in the global Zinc Sulfide market in terms of value. North America is the second largest market. The Asia-Pacific market is also expected to expand at a fast rate in terms of revenue over the forecast period due to the steadily increasing demand of Zinc Sulfide.

Global Zinc Sulfide Market: Key Players

The major players are Dow, Weifang Sunny, Talvivaara, Sachtleben Chemie, Vital Materials, Wuhan Xinrong, Jiangyan ATS, Sigma-Aldrich, Triveni Interchem, Shanghai Jing Lian, II-VI Incorporated, Reade and American Elements.

Globally, the Zinc Sulfide industry market is not concentrated as the manufacturing technology of Zinc Sulfide is relatively matures than some high-tech equipment. And some enterprises, like Dow, Weifang Sunny, Talvivaara, etc. are well-known for the wonderful performance of their Zinc Sulfide and related services.

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