Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Zinc Oxide Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Zinc Oxide Market?
The zinc oxide market has expanded significantly over the years. It is projected to increase from $4.93 billion in 2024 to $5.19 billion in 2025, with a compound annual growth rate (CAGR) of 5.4%. The historical growth trend in the Zinc Oxide market has been strong.
What Is the Forecasted CAGR for the Zinc Oxide Market by 2029?
The Zinc Oxide market is projected to reach a size of $6.67 billion in the year 2029, with a predicted compound annual growth rate (CAGR) of 6.5%.
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What Are the Market Drivers in the Zinc Oxide Industry?
The key Drivers in the zinc oxide market are:
• The surge in rubber manufacturing activities
• The use of zinc oxide as an activator for vulcanizing rubber
• Higher demand for the processing of uncured or raw rubbers
• Continual increase in natural rubber production globally
What Is the Segment-Wise Breakdown of the Zinc Oxide Market?
The zinc oxidemarket covered in this report is segmented –
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
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Which Emerging Trends Are Driving Growth in the Zinc Oxide Sector?
The key trends in the zinc oxide market are:
• Development of innovative product formats such as zinc oxide granules is a significant trend in the market.
• Emphasis on dust prevention in manufacturing processes is emerging as a key focus area.
• Enhanced product functioning with UV-protection, antimicrobial properties, and easy handling is shaping the future of the market.
• The creation of versatile solutions that increase efficiency in product formulation process is an emerging trend.
Which Companies Are Dominating the Zinc Oxide Market in Terms of Revenue?
The key players in the zinc oxide market are:
• 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. Brüggemann 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
What Are the Regions Driving Demand in the Zinc Oxide Market?
Asia-Pacific was the largest region in the zinc oxide market in 2024
