Global Zinc Oxide Market 2023

Zinc oxide is an inorganic compound that occurs naturally as a white powder. It has various applications across multiple industries due to certain favorable properties. In the rubber industry, it is used as an additive to improve the qualities of rubber products. It also sees widespread use in cosmetics for its ability to provide protection from UV rays, making it a common ingredient in sunscreens, lotions, and creams.

Pharmaceutical applications utilize zinc oxide in ointments and creams due to its antibacterial and antifungal characteristics. In paints and coatings, zinc oxide acts as a bright white pigment due to its opacity. The ceramic industry employs zinc oxide to produce ferrite materials for electronics and spine coatings as well.

The global zinc oxide market is anticipated to increase by USD 1.6 billion till 2029 at an average annual growth of 5.1 percent as per the latest market estimates.

This comprehensive industry report provides market estimates and forecasts, accompanied by a detailed examination of the form, process, end user, and region aspects. It delivers a quantitative analysis of the market, empowering stakeholders to leverage existing market opportunities. Furthermore, the report identifies key segments for potential opportunities and strategies, drawing insights from market trends and the approaches of leading competitors.

The global baby bottle market has been extensively analyzed by categorizing it according to various sub-segments in order to provide accurate forecasts of industry size and assess trends within specific areas.
The global market for zinc oxide can be segmented by form: powder, liquid, pellets. The zinc oxide powder segment was the largest contributor to the global zinc oxide market in 2022.
Zinc oxide market is further segmented by process: indirect, direct, wet chemical, others. According to the research, the indirect process segment had the largest share in the global zinc oxide market.
Based on end user, the zinc oxide market is segmented into: agriculture, automotive, cosmetics and personal care, glass and ceramics, paints and coatings, pharmaceuticals, others. The automotive segment held the largest revenue share in 2022, representing more than 44.6% of the total market.
On the basis of region, the zinc oxide market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific held the largest share in the global zinc oxide market in 2022 and is projected to portray the fastest growth rate in the coming years.

The report also provides analysis of the key companies of the industry and their detailed company profiles including Ace Chemie Zynk Energy Limited, AG CHEMI GROUP, s.r.o., Grillo-Werke AG, Hakusui Tech Co., Ltd., Industrias Electro Quimicas S.A. - IEQSA, Lanxess AG, Neo Zinc Oxide Pvt. Ltd., Pan-Continental Chemical Co., Ltd., PT Citra Cakralogam, Rubamin Pvt. Ltd., Tata Chemicals Limited, Toho Zinc Co., Ltd., TP Polymer Private Limited, U.S. Zinc Corporation (EverZinc), Weifang Longda Zinc Industry Co., Ltd., Yongchang Zinc Industry Co., Ltd., Zinc Nacional S.A., Zinc Oxide Australia Pty. Ltd., Zochem, Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

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Gain a reliable outlook of the global zinc oxide market forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
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The market estimate for ease of analysis across scenarios in Excel format.
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Market Segments Covered in Global Zinc Oxide Industry Analysis:
i.) Form
- Powder
- Liquid
- Pellets

ii.) Process
- Indirect
- Direct
- Wet chemical
- Others

iii.) End user
- Agriculture
- Automotive
- Cosmetics and personal care
- Glass and ceramics
- Paints and coatings
- Pharmaceuticals
- Others

iv.) Region
- North America
- Europe
- Asia-Pacific
- MEA (Middle East and Africa)
- Latin America