The Development Prospect of Zinc Chloride

Zinc chloride, white granular, rod or powder, odorless, easily soluble in water, deliquescent, can absorb water from the air and deliquescence. It has the characteristics of dissolving metal oxides and cellulose. Molten zinc chloride has good conductivity. When burning, there is a thick white smoke. Zinc chloride is corrosive and toxic. It is widely used.

According to the latest report released by persistent Market Research (PMR), the zinc chloride market is expected to reach $424.4 million by the end of 2028. Because zinc chloride is more and more important in battery manufacturing, textile dyes as coagulant and water treatment, as well as its application as catalyst in various industries. In addition, battery grade zinc chloride is more and more widely used in the manufacturing of batteries for electronic and automotive industries, so the demand for battery grade zinc chloride is also growing. Moreover, zinc chloride battery has become the most promising new material in medium and large-scale energy storage system because of its advantages in energy density, battery voltage and cost. In addition, the shift from zinc carbon batteries to zinc chloride batteries in the automotive industry has also created opportunities for manufacturers in the zinc chloride market. All these make the global demand for zinc chloride expected to grow rapidly. PMR analysis found that due to the low production cost of zinc chloride battery, manufacturers are developing large-scale zinc chloride battery, making it the most affordable battery in the market. Zinc chloride is widely used in electronics and other industries, which may lead to significant growth in technical and commercial grade zinc chloride. In addition, the growing demand for catalysts in industrial application and automotive industry will also promote the growth of zinc chloride market. Zinc chloride is also used as a powerful catalyst in textile industry and chemical synthesis, as a coagulant of textile dyes and a fabric refreshing agent to remove odor. At the same time, in order to control odor, zinc chloride containing sulfide is used in wastewater treatment facilities to minimize the release of hydrogen sulfide gas. On the other hand, zinc chloride is also widely used in other applications, including organic synthesis, liquid fertilizer and wood preservatives. This will make the textile and chemical industry demand for zinc chloride will continue to grow.

According to the PMR report, manufacturers in the zinc chloride market are targeting countries with untapped potential in emerging Latin American economies, as these markets are under penetrated and the per capita income of consumers is growing. At the same time, due to the heavy dependence of Brazil, ASEAN and other countries on zinc chloride import, major zinc chloride enterprises are planning to increase investment and expand sales and production in major zinc chloride exporting countries such as China, the United States and Europe. At the same time, on the regional level, developing regions are expected to contribute significant revenue shares to the global zinc chloride market. It is expected that significant progress in the oil and gas industry in emerging markets such as the Middle East will also create favorable channels for market participants. The increasing attention of industrial participants to improving their production capacity is also an important trend to promote the demand for zinc chloride in oil and gas industries in developing regions.