Global Zinc Oxide Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Process;

Indirect Process (French Process), Direct Process (American Process), and Wet Process (Secondary Process ).

By Grade;

USP, FCC, Standard, and Treated.

By Application;

Rubber, Ceramic, Personal Care, Pharmaceutical, Electrical and Electronics, Food Preservatives, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn570414318 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Zinc Oxide Market (USD Million), 2021 - 2031

In the year 2024, the Global Zinc Oxide Market was valued at USD 5,754.73 million. The size of this market is expected to increase to USD 8,399.09 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.

The global zinc oxide market is witnessing significant growth, driven by its diverse applications across various industries, including pharmaceuticals, cosmetics, rubber, ceramics, and electronics. Zinc oxide, a white, powdery compound, is renowned for its wide range of properties, such as antimicrobial, UV-blocking, and antioxidant effects. These unique characteristics make it an essential ingredient in products like sunscreens, skincare formulations, and medical ointments. Additionally, zinc oxide is used as an additive in the production of rubber and tires, where it enhances the material’s durability and performance. The market’s expansion is primarily fueled by the increasing demand for eco-friendly, natural ingredients in consumer goods and the growing use of zinc oxide in emerging technologies.

In the cosmetics and personal care sectors, the demand for zinc oxide is rising due to its effectiveness in providing broad-spectrum UV protection in sunscreens and other skincare products. Zinc oxide’s non-irritating and hypoallergenic properties make it ideal for use in formulations for sensitive skin, driving its use in products such as lotions, creams, and baby care items. The growing awareness about skin protection and the shift towards natural and mineral-based cosmetics are major factors contributing to the market’s growth. Moreover, the increasing prevalence of skin-related issues and a rising number of consumers seeking preventive skincare solutions further support the growth of the global zinc oxide market in this segment.

The rubber industry is another major consumer of zinc oxide, where it is used as a vulcanizing agent to improve the strength, flexibility, and durability of rubber products, particularly in tires and industrial rubber goods. The expanding automotive industry, especially in developing economies, is driving the demand for zinc oxide in tire production. Additionally, the growing emphasis on eco-friendly and sustainable manufacturing practices is encouraging the use of zinc oxide in various industrial applications. Zinc oxide also finds use in ceramics, glass manufacturing, and electronic components, further diversifying its application base and contributing to its steady market growth. With increasing industrialization and technological advancements, the global zinc oxide market is poised for continued expansion across these key sectors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Process
    2. Market Snapshot, By Grade
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Zinc Oxide Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand in the cosmetics and personal care industry
        2. Growth in the rubber manufacturing sector
        3. Rising usage in pharmaceutical and medical applications
      2. Restraints
        1. Fluctuating raw material prices
        2. Environmental concerns regarding production processes
        3. Regulatory challenges in certain regions
      3. Opportunities
        1. Expansion in the electronics and solar industries
        2. Growth in emerging markets
        3. Advancements in sustainable and eco-friendly zinc oxide production
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Zinc Oxide Market, By Process, 2021 - 2031 (USD Million)
      1. Indirect Process (French Process)
      2. Direct Process (American Process)
      3. Wet Process (Secondary Process )
    2. Global Zinc Oxide Market, By Grade, 2021 - 2031 (USD Million)
      1. USP
      2. FCC
      3. Standard
      4. Treated
    3. Global Zinc Oxide Market, By Application, 2021 - 2031 (USD Million)
      1. Rubber
      2. Ceramic
      3. Personal Care
      4. Pharmaceutical
      5. Electrical and Electronics
      6. Food Preservatives
      7. Others
    4. Global Zinc Oxide Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. EverZinc Canada (GHC)
      3. HAKUSUI TECH
      4. Hemadri Chemicals
      5. Hindustan Zinc
      6. Pan-Continental Chemical
      7. Rubamin
      8. SURAJ UDYOG
      9. Zinc-Co-India
      10. Zochem LLC
  7. Analyst Views
  8. Future Outlook of the Market