Zinc Oxide Global Market Report 2025

Zinc oxide, an inorganic compound, occurs naturally as the mineral zincite. Widely utilized as a white pigment, zinc oxide also serves as a bulking agent or filler.

The primary production processes for zinc oxide include indirect, direct, wet chemical, and others. The indirect process, known as the French process, is conducted in a vertical furnace featuring a vertical refining column, original vertical charge, rotary combustion chamber, and vaporizer with an electric arc. This method involves melting metallic zinc in a furnace and allowing it to vaporize at approximately 910 °C. Zinc oxide comes in various grades, such as standard, chemical, pharma, food, and others, catering to diverse applications such as rubber, ceramics, chemicals, cosmetics and personal care, paints, coatings, pharmaceuticals, agriculture, and more.

The zinc oxide market research report is one of a series of new reports from The Business Research Company that provides zinc oxide market statistics, including zinc oxide industry global market size, regional shares, competitors with a zinc oxide market share, detailed zinc oxide market segments, market trends and opportunities, and any further data you may need to thrive in the zinc oxide industry. This zinc oxide market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The zinc oxide market size has grown strongly in recent years. It will grow from$4.93 billion in 2024 to $5.26 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to emerging economies demand, medical and pharmaceutical uses, focus on sustainable agriculture, regulatory compliance, global economic trends

The zinc oxide market size is expected to see strong growth in the next few years. It will grow to $6.84 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to rising demand in the electronics industry, expanding cosmetics industry, increased focus on sustainable practices, stringent environmental regulations, global economic recovery. Major trends in the forecast period include growing demand in end-use industries, advancements in nanotechnology, focus on sustainable and eco-friendly practices, emerging applications in sunscreen and cosmetics, global supply chain challenges.

The growth of rubber manufacturing is expected to drive the expansion of the zinc oxide market in the future. Rubber is an elastic material obtained by coagulating the milky sap of various tropical plants, which is then processed into sheets and dried. Zinc oxide serves as an activator for the vulcanization of rubber and aids in the processing of uncured rubber. For instance, a report from the Statistics & Planning Department Rubber Board, a government body in India, noted that natural rubber (NR) production in India increased by 2.6 percent year-over-year in April 2024, reaching 40,000 metric tons. Additionally, a report from The European Forest Institute (EFI), a research organization based in Finland, stated that Thailand is the world's leading producer of natural rubber, generating over 4.7 million tonnes in 2022, which accounts for approximately one-third of the global rubber production. Thus, the rising rubber manufacturing is propelling the growth of the zinc oxide market.

The growth of the zinc oxide market is expected to be driven by the expanding chemical production sector. Chemical production involves the manufacturing of chemicals for diverse applications, including agriculture, pharmaceuticals, construction, and manufacturing. Zinc oxide (ZnO) plays a crucial role in chemical production across various industries due to its unique physical and chemical properties. It is utilized in the production of chemicals such as zinc stearate, zinc diacrylate, and zinc borate, applied in plastics, rubbers, flame-retardant materials, and pharmaceuticals. For example, BASF SE reported in February 2023 that global chemical production (excluding pharmaceuticals) is projected to grow by 2.0%, with China's chemical production, the largest global market, expected to grow by 5.9%. This highlights how the expanding chemical production is contributing to the growth of the zinc oxide market.

Leading companies in the zinc oxide market are concentrating on developing innovative solutions, such as zinc oxide granules, to minimize dust formation when adding powder to mixing vessels while maintaining exceptional quality and performance. Zinc oxide granules are solid, granular forms of zinc oxide that are widely utilized as raw materials in various industries, including rubber, ceramics, and cosmetics, due to their anti-corrosive, UV-protective, and antimicrobial properties. For instance, in April 2024, Uviva Technologies GmbH, a chemical manufacturing company based in Germany, introduced the Eclipse G1 zinc oxide granules. This novel, free-flowing zinc oxide solution is designed to improve handling and formulation processes in cosmetics and sun care products. Unlike conventional powders, Eclipse G1 reduces dust formation when added to mixing vessels, resulting in a cleaner and more efficient formulation environment. Composed of 100% zinc oxide without any additives, it delivers the same high-quality performance while offering the advantages of easy handling and flexibility in formulation. This innovation enables formulators to use zinc oxide without depending on dispersions, providing a versatile and practical solution for product development.

Leading companies in the zinc oxide market are strategically pursuing collaborations to enhance their competitive position. Such collaborations are instrumental in fostering growth, innovation, and sustainability while helping companies stay competitive, expand their market presence, and introduce new products that align with evolving customer needs. For instance, in August 2023, Nevada ZInc., a Canada-based exploration and development stage company focused on zinc production, joined forces with BelZInc., a Belgian-based zinc producer, to produce zinc oxide. This collaboration involves extracting high-grade zinc oxide from Nevada Zinc's Lone Mountain mine in Nevada, US, utilizing BelZinc's zinc processing technology. BelZinc employs a patented zinc processing technique to convert non-sulfide zinc ore into high-grade zinc oxide. According to Nevada ZInc., this approach in smelting plants can reduce emissions by producing high-grade zinc delivered to zinc smelters.

In June 2022, US ZInc., a global provider and manufacturer of various zinc products based in the US, acquired EverZinc for an undisclosed amount. Through this acquisition, US Zinc expands its portfolio of zinc products, aiming to drive innovation in product development. EverZInc., a US-based manufacturer of zinc chemicals, including zinc oxide, is part of this strategic move to strengthen the company's position in the market.

Major companies operating in the zinc oxide market include Zinc Oxide LLC, EverZinc, Rubamin Pvt. Limited, Grupo Promax, Weifang Longda Zinc Industry Co. Ltd., Yongchang Zinc Industry Co. Ltd., Zochem, Suraj Udyog, J G Chemicals Private Chemicals, Akrochem Corporation, Pan Continental Chemical, Lanxess AG, Upper India, Zinc Nacional S.A, L. Bruggemann KG, Silox SA, U.S. Zinc, H. Chemicals, GH Chemicals, Chemet, Mario Pilato Blat SA, Hindustan Zinc Limited, Altana AG, American Elements, Anhui Linghu Paint Co. Ltd., BASF SE, Croda, Grillo SpA, Hakusui Tech Co. Ltd., Hanil Chemical Industry Co. Ltd., Nanophase Technologies Corporation, Sakai Chemical Industry Co. Ltd., Sukgyung AT Co. Ltd., Sunjin Chemical, Taekyung SBC. Co. Ltd., Tata Chemicals Ltd., Tayca Corporation, ZM SILESIA SA

Asia-Pacific was the largest region in the zinc oxide market in 2024. The regions covered in the zinc oxide market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the zinc oxide market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The zinc oxide market consists of sales of crude zinc oxide, wurtzite zinc oxide, and zincblende zinc oxide. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Zinc Oxide Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on zinc oxide market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for zinc oxide ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The zinc oxide market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Process: Indirect; Direct; Wet Chemical; Other Processes
• 2) By Grade: Standard; Chemical; Pharma; Food; Other Grades
• 3) By Application: Rubber; Ceramics; Chemicals; Cosmetics And Personal Care; Paints And Coatings; Pharmaceuticals; Agriculture; Other Applications
• Subsegments:
• 1) By Indirect Process: French Process; Thermal Decomposition; Other Methods
• 2) By Direct Process: Direct Reactivity With Zinc; Vapor Phase Oxidation; Other Methods
• 3) By Wet Chemical Process: Precipitation Method; Solvothermal Method; Other Methods
• 4) By Other Processes: Biochemical Methods; Electrochemical Methods; Other Innovative Processes
• Companies Mentioned: Zinc Oxide LLC; EverZinc; Rubamin Pvt. Limited; Grupo Promax; Weifang Longda Zinc Industry Co. Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.