Prior to the COVID-19 pandemic, the requirement for zinc oxide as a vulcanizing agent in the vulcanization of rubber to boost durability accounted for the majority of the market’s growth. As a health supplement, zinc tablets are produced by the pharmaceutical industry, which has contributed to the expansion of the zinc oxide market. These pills assist in increasing immunity, reducing the chance of heart attack, and providing eye disease protection. However, in 2020, a number of industries, notably rubber, had to scale back their operations as a result of value chain disruptions brought on by the closure of domestic and international borders. Price changes in the raw ingredients used to make rubber products, such as zinc oxide nanoparticles, were another effect of the COVID-19 pandemic. These difficulties caused a decline in zinc oxide demand in the first two quarters of 2020. The zinc oxide market, however, experienced some stability throughout the covid since the pharmaceutical industry’s growth was significantly strong at the time. Furthemore, with the recovery of many nations’ economy, demand for zinc oxide is gradually rising and is anticipated to resume growing by the end of 2022.

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