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Zinc Hydroxychloride Market Set for Steady Growth Driven by Expanding Feed and Industrial Applications
Zinc Hydroxychloride Market Set for Steady Growth Driven by Expanding Feed and Industrial Applications
Overview
The global Zinc Hydroxychloride market is experiencing notable growth due to rising demand from the animal feed, agriculture, and industrial sectors. According to Market Intelo, the market was valued at USD 212.8 million in 2024 and is projected to reach USD 321.4 million by 2032, expanding at a CAGR of 5.3% during the forecast period. Its superior bioavailability, stability, and non-hygroscopic nature are making it a preferred zinc source over conventional zinc oxide and zinc sulfate.
Market Drivers and Applications
Zinc Hydroxychloride plays a critical role in enhancing animal nutrition, promoting growth, and supporting immunity. Its ability to remain stable during feed processing and improve nutrient absorption is driving widespread adoption among livestock producers. The compound also serves in fertilizers and industrial coatings, acting as a corrosion inhibitor and catalyst component in various chemical processes.