Zinc Oxide Market

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 & Electronics, Food Preservatives and Others

By Geography;

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

Zinc Oxide Market Overview

Zinc Oxide Market (USD Million)

Zinc Oxide Market was valued at USD 5,754.73 million in the year 2024. 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%.


Zinc Oxide Market

*Market size in USD million

CAGR 5.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.6 %
Market Size (2024)USD 5,754.73 Million
Market Size (2031)USD 8,399.09 Million
Market ConcentrationMedium
Report Pages339
5,754.73
2024
8,399.09
2031

Major Players

  • BASF SE
  • EverZinc Canada (GHC)
  • HAKUSUI TECH
  • Hemadri Chemicals
  • Hindustan Zinc
  • Pan-Continental Chemical
  • Rubamin
  • SURAJ UDYOG
  • Zinc-Co-India
  • Zochem LLC

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Zinc Oxide Market

Fragmented - Highly competitive market without dominant players


The Zinc Oxide Market continues to expand as industries leverage its use in cosmetics, pharmaceuticals, rubber, ceramics, and coatings. Adoption has grown by over 44%, underscoring its role in UV protection, antimicrobial benefits, and material enhancement. Its multifunctional nature ensures broad applications across healthcare and industrial domains.

Core Drivers of Market Growth
The growth of skincare and sun protection products, rising demand in pharmaceuticals, and adoption in rubber production are fueling the market. Around 40% of personal care items incorporate zinc oxide due to its broad UV defense capabilities. Its contribution to strengthening rubber and plastics further accelerates usage.

Technological Innovations Expanding Usage
Advances in nanotechnology, purification methods, and sustainable production are reshaping zinc oxide’s market potential. Nearly 37% of innovations focus on nanostructured zinc oxide for electronics and coatings, while about 34% of producers emphasize eco-friendly techniques to improve efficiency and meet environmental standards.

Future Outlook and Growth Potential
The Zinc Oxide Market is expected to see robust growth with expanding applications across personal care, healthcare, and industrial manufacturing. Close to 52% of companies are focusing on R&D and collaborative strategies to strengthen its relevance. This ensures zinc oxide will remain integral to technological and consumer-driven innovation.

  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. 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. 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. Zinc Oxide Market, By Grade, 2021 - 2031 (USD Million)
      1. USP
      2. FCC
      3. Standard
      4. Treated
    3. Zinc Oxide Market, By Application, 2021 - 2031 (USD Million)
      1. Rubber
      2. Ceramic
      3. Personal Care
      4. Pharmaceutical
      5. Electrical & Electronics
      6. Food Preservatives
      7. Others
    4. 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. EverZinc
      2. Zochem (Zochem Inc. / Zochem LLC)
      3. Weifang Longda Zinc Industry Co., Ltd.
      4. Rubamin (Rubamin Ltd.)
      5. Zinc Nacional (Zinc Nacional S.A.)
      6. Pan-Continental Chemical Co., Ltd.
      7. HAKUSUI TECH (Hakusui Tech Co., Ltd.)
      8. Akrochem (Akrochem Corporation)
      9. Silox (Silox SA / Silox India Pvt Ltd)
      10. U.S. Zinc
      11. Umicore (Umicore N.V. / Umicore SA)
      12. CCL (CCL Industries, Inc.)
      13. Lanxess (Lanxess AG)
      14. Tata Chemicals (Tata Chemicals Ltd.)
      15. AG CHEMI GROUP (AG CHEMI GROUP s.r.o.)
  7. Analyst Views
  8. Future Outlook of the Market