Zinc Oxide Market

Global Zinc Oxide Market by Processes (French Process, American Process, and Wet Process), Grades (Standard, Treated, United States Pharmacopeia, and Food and Chemical Codex), Applications (Rubber, Ceramics, Chemicals, Agriculture, Cosmetics & Personal Care, and Pharmaceuticals), and Regions (Europe, North America, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-242
  • Author: Growth Market Reports
  • Rating: 4.8
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  • No. Of Pages: 142
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The global zinc oxide market was valued at around USD 4 billion in 2019 and projected to reach USD 6 billion, expanding at a CAGR of nearly 5% during the forecast period, 2021-2028. Zinc oxide is an insoluble inorganic compound that exists in a white powdered form. The molecular formula of this compound is written as ZnO. It usually occurs in zincite mineral and is obtained by oxidizing the zinc ores. Exposure of zinc oxide is harmful to human beings. It is an important compound, as it is used as an activator in various industries such as rubber, ceramics, chemicals, agriculture, pharmaceuticals, and cosmetics & personal care.

Global Zinc Oxide Market Key Takeaways

Market Trends, Drivers, Restraints, and Opportunities:

  • Increase in end-use of zinc oxide by industries such as rubber, paint & coatings, glass, cosmetics, and pharmaceuticals is expected to drive the global zinc oxide market demand over the forecast period.
  • Demand for zinc oxide is growing, due to its increasing use in electronics and semiconductors. This can be attributed to the rising production of smart devices in the electronics industry.
  • Lack of availability of an alternative substance or compound in critical applications also drives the demand for global zinc oxide market.
  • The slowdown in automotive industry is estimated to hamper the growth of the zinc oxide market.
  • Fluctuations in the price of zinc, as zinc oxide is traded throughout the world, acts as a restraint to the growth of the market.
  • Zinc oxide manufacturers are estimated to witness an increasing demand for zinc oxide nanoparticles, as they are easy to fabricate, do not harm the environment, and do not release toxic elements, which makes them ideal for biological applications.


Scope of the Report:
The report on the global zinc oxide market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Global Zinc Oxide Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Processes (French Process, American Process, and Wet Process), Grades (Standard, Treated, United States Pharmacopeia, and Food and Chemical Codex), Applications (Rubber, Ceramics, Chemicals, Agriculture, Cosmetics & Personal Care, and Pharmaceuticals)

Regional Scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

E Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Key Players Covered

Zochem, EverZinc, ZM Silesia, Akrochem, Rubamin, Pan-Continental Chemical, J.G. Chemicals, Upper India, and Suraj Udyog

 

Market Segment Insights:

Global Zinc Oxide Market Taxonomy

Wet process to witness a significant rise
Based on processes, the global zinc oxide market can be segmented into French process, American process, and wet process. The wet process is estimated to grow at a rapid pace, due to its good dispersion and slow settling rates of fine-sized zinc oxide. In addition to this, the quality of zinc oxide produced by wet process is high and called as active zinc oxide.

Food and Chemical Codex grade to grow at a substantial CAGR
On the basis of grades, the market is divided into standard grade, treated grade, United States Pharmacopeia (USP) grade, and Food and Chemical Codex (FCC) grade. All three grades are different in composition, surface area, particle size, and heavy metal content. FFC grade for zinc oxide is estimated to increase the growth of the market, owing to the increase in its use in the food industry, as it is added to breakfast cereals as a source of nutrients.

Rubber to register a high CAGR
In terms of applications, the market can be segmented into rubber, ceramics, chemicals, agriculture, cosmetics & personal care, and pharmaceuticals. Rubber has numerous uses in several industries such as tires, hockey pucks, and shoe soles. Demand for zinc oxide is expected to be driven by rubber, as it helps vulcanize the rubber to increase durability. Ceramics and chemical industries are also expected to increase the growth of the market, owing to properties such as rubber-like heat resistivity, and protection against UV rays.

Asia Pacific to hold a significant market share
Based on regions, the global zinc oxide market can be divided into Europe, North America, Asia Pacific, and Middle East & Africa. In Asia Pacific, countries such as China and India are anticipated to emerge as dominant manufacturers, consumers, and exporters of zinc oxide, which consequently increases the demand for zinc oxide in the Asia Pacific region. Rising use of skin care products in this region is estimated to drive the market growth. Moreover, the region has several manufacturing bases such as pharmaceutical, housing, and glass, which is estimated to increase the share in the global market.

Global Zinc Oxide Market By Region

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Zinc Oxide Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Zinc Oxide Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Zinc Oxide Market - Supply Chain
  4.5. Global Zinc Oxide Market Forecast
     4.5.1. Zinc Oxide Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Zinc Oxide Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Zinc Oxide Market Absolute $ Opportunity
5. Global Zinc Oxide Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Zinc Oxide Market Size and Volume Forecast by Applications
     5.3.1. Rubber
     5.3.2. Ceramics
     5.3.3. Chemicals
     5.3.4. Agriculture
     5.3.5. Cosmetics & Personal Care
     5.3.6. Pharmaceuticals
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Zinc Oxide Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Zinc Oxide Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Zinc Oxide Demand Share Forecast, 2019-2026
7. North America Zinc Oxide Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Zinc Oxide Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Zinc Oxide Market Size and Volume Forecast by Applications
     7.4.1. Rubber
     7.4.2. Ceramics
     7.4.3. Chemicals
     7.4.4. Agriculture
     7.4.5. Cosmetics & Personal Care
     7.4.6. Pharmaceuticals
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Zinc Oxide Demand Share Forecast, 2019-2026
8. Latin America Zinc Oxide Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Zinc Oxide Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Zinc Oxide Market Size and Volume Forecast by Applications
     8.4.1. Rubber
     8.4.2. Ceramics
     8.4.3. Chemicals
     8.4.4. Agriculture
     8.4.5. Cosmetics & Personal Care
     8.4.6. Pharmaceuticals
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Zinc Oxide Demand Share Forecast, 2019-2026
9. Europe Zinc Oxide Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Zinc Oxide Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Zinc Oxide Market Size and Volume Forecast by Applications
     9.4.1. Rubber
     9.4.2. Ceramics
     9.4.3. Chemicals
     9.4.4. Agriculture
     9.4.5. Cosmetics & Personal Care
     9.4.6. Pharmaceuticals
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Zinc Oxide Demand Share Forecast, 2019-2026
10. Asia Pacific Zinc Oxide Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Zinc Oxide Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Zinc Oxide Market Size and Volume Forecast by Applications
     10.4.1. Rubber
     10.4.2. Ceramics
     10.4.3. Chemicals
     10.4.4. Agriculture
     10.4.5. Cosmetics & Personal Care
     10.4.6. Pharmaceuticals
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Zinc Oxide Demand Share Forecast, 2019-2026
11. Middle East & Africa Zinc Oxide Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Zinc Oxide Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Zinc Oxide Market Size and Volume Forecast by Applications
     11.4.1. Rubber
     11.4.2. Ceramics
     11.4.3. Chemicals
     11.4.4. Agriculture
     11.4.5. Cosmetics & Personal Care
     11.4.6. Pharmaceuticals
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Zinc Oxide Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Zinc Oxide Market: Market Share Analysis
  12.2. Zinc Oxide Distributors and Customers
  12.3. Zinc Oxide Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Zochem
     12.4.2. EverZinc
     12.4.3. ZM Silesia
     12.4.4. Akrochem
     12.4.5. Rubamin
     12.4.6. Pan-Continental Chemical
     12.4.7. J.G. Chemicals
     12.4.8. Upper India
     12.4.9. Suraj Udyog
Segments Covered in the Report:
The global zinc oxide market can be divided on the basis of processes, grades, applications, and regions.

Processes
  • French Process
  • American Process
  • Wet Process
Grades
  • Standard
  • Treated
  • United States Pharmacopeia
  • Food and Chemical Codex
Applications
  • Rubber
  • Ceramics
  • Chemicals
  • Agriculture
  • Cosmetics & Personal Care
  • Pharmaceuticals
Regions
  • Europe
  • North America
  • Asia Pacific
  • Middle East & Africa
Key Players
  • Zochem
  • EverZinc
  • ZM Silesia
  • Akrochem
  • Rubamin
  • Pan-Continental Chemical
  • J.G. Chemicals
  • Upper India
  • Suraj Udyog

The global zinc oxide market can be split as small, medium, and large manufacturers. US Zinc is a major producer of zinc oxide that manufactures around 35 grades of zinc oxide.

Zochem, EverZinc, ZM Silesia, Akrochem, Rubamin, Pan-Continental Chemical, J.G. Chemicals, Upper India, and Suraj Udyog are other major players in the market, which focus on R&D and produce high-performance products to meet the demands of end-users.

Global Zinc Oxide Market By Key Players

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