Widening applications of the multifunctional inorganic compound across rubber, ceramics, cosmetics, pharmaceuticals, and electronics drive the long-term market prospects for Zinc Oxide. Potential advantages of wide bandgap, high refractive index, UV-blocking properties, and antimicrobial activity continue to drive the Total Addressable Market (TAM) size of Zinc Oxide. The use of Zinc Oxide as a chemical additive in plastics, silicate products, synthetic rubber, lubricants, paints and coatings, and other industrial applications supports the market prospects.
In cosmetics and skincare products, zinc oxide is used as a UV filter and skin protectant in sunscreens, lotions, and ointments. In addition, Zinc oxide presents superior properties including corrosion inhibition and mildew control, which drives its demand across paints and coatings industries. Zinc Oxide is also increasingly used as a reducing agent in the manufacturing process of Zinc stearate, Zinc borate, Zinc diacrylate, and other chemicals. In the rubber industry, ZnO and stearic acid are used in the vulcanization of rubber to produce tires, shoe soles, hockey pucks, and others.
In addition to domestic production volumes, Zinc Oxide trade presents strong opportunities for importers and exporters. In 2024, $1453 million worth of Zinc Oxide and Zinc Peroxide are exported to overseas countries including the US, Germany, Vietnam, Mexico, Spain, and others. The average US import price of Zinc Oxide stood at $3.2 Thousand per Ton.
Among different types of Zinc Oxide Market, the Indirect Process generated the highest revenue of $4.8 Billion. Superior quality, optimized physical and chemical properties, enhanced material performance, special functionalities, and ease of processing support the demand for indirect processes.
The ability to produce high-purity zinc oxide with fine particle size in the indirect process supports its use in rubber, cosmetics, and pharmaceuticals. In particular, the indirect process of Zinc Oxide is increasingly used in tire manufacturing. Similarly, dispersion, opacity, and chemical stability properties support the use in ceramics, paints, and coatings. The indirect process (French process) involves the production of zinc oxide from zinc metal. Robust demand from functional food and nutritional applications continues to support the sales of indirect process-based Zinc Oxide.
The indirect process is more efficient than any other process which is used to produce zinc oxide. Other leading types in the industry include Direct Process, Wet Chemical Process, and Others. The direct process zinc oxide is prepared with zinc ore, zinc ash, and zinc concentrate as material.
Among the leading applications of the Zinc Oxide Market, Automotive and Transportation generated $2.25 Billion in 2024. Zinc oxide acts as a key activator in rubber vulcanization for improved durability, heat resistance, and wear performance. Similarly, the shift to EVs and hybrid vehicles encourages ZnO producers to target high-performance tire manufacturers. Further, ZnO is used as a UV-protectant and corrosion-resistant agent in the automotive coatings industry. Government incentives for automobile manufacturing across emerging markets are encouraging Zinc Oxide manufacturers to set up their production plants in proximity to end-users.
On the other hand, Pharmaceuticals is set to register the fastest growth rate (CAGR) of 5.8% over the forecast period to 2034. Zinc Oxide blocks UVA (longer wavelength) and UVB (shorter wavelength) radiation for use in products protecting against sunburn, skin damage, and cancer.
The United States accounts for a 10.2% market share in the global Zinc Oxide Market size and is estimated to generate $632.4 Million in 2025. The presence of a large tire manufacturing base with Goodyear, Bridgestone, and Michelin North America supports the demand for Zinc Oxide. Increasing construction activity supports the demand for Zinc Oxide for ceramic glazes, paints, and protective coatings.
Similarly, ZnO-based mineral sunscreens present strong growth prospects for companies supplying high-grade chemicals to the pharmaceutical sector. Zochem, EverZinc, U.S. Zinc, American Zinc Recycling, and other domestic companies continue to witness steady demand growth. In addition, vendors also import Zinc Oxide from Mexico, Canada, the Netherlands, Peru, Japan, and other countries. Around 100 million tonnes of Zinc Oxide is imported annually into the country.
The global Zinc Oxide Market is characterized by intense competitive conditions. To boost profitability, leading companies are focusing new product launches, expansion into emerging markets, and securing long-term contracts. Leading companies profiled in the Zinc Oxide Market study include- Ace Chemie Zynk Energy Ltd, AG CHEMI GROUP s.r.o., CCL Industries Inc, EverZinc Holding N.V., HAKUSUI TECH, IEQSA, Lanxess AG, Neo Zinc Oxide, Pan-Continental Chemical Co. Ltd, Rubamin, Tata Chemicals Ltd, TOHO ZINC CO. Ltd, TP Polymer Private Ltd, Upper India, Weifang Longda Zinc Industry Co. Ltd, Yongchang zinc industry Co. Ltd, Zinc Nacional, S.A., Zinc Oxide Australia, Zochem Inc, and Others.
|
Parameter |
Details |
|
Market Size (2025) |
$6.2 Billion |
|
Market Size (2034) |
$9.9 Billion |
|
Market Growth Rate |
5.3% |
|
Largest Segment- Type |
Indirect Process (81.3% market share) |
|
Largest Segment- Application |
Automotive and Transportation (38.1% revenue share) |
|
Fastest Growing Segment- Application |
Pharmaceuticals (5.8% CAGR) |
|
Fastest Growing Market- Region |
Asia Pacific |
|
United States Zinc Oxide Market Size |
$0.63 Billion |
|
Segments |
By Form (Powder, Pellets, Liquid), Process (Indirect, Direct, Wet Chemical, Others), Application (Automotive, Construction, Cosmetics and Personal Care, Paints & Coatings, Pharmaceuticals, Agriculture, Others) |
|
Study Period |
2019- 2024 and 2025-2034 |
|
Units |
Revenue (USD) |
|
Qualitative Analysis |
Porter’s Five Forces, SWOT Profile, Market Share, Scenario Forecasts, Market Ecosystem, Company Ranking, Market Dynamics, Industry Benchmarking |
|
Companies |
Ace Chemie Zynk Energy Ltd, AG CHEMI GROUP s.r.o., CCL Industries Inc, EverZinc Holding N.V., HAKUSUI TECH, IEQSA, Lanxess AG, Neo Zinc Oxide, Pan-Continental Chemical Co. Ltd, Rubamin, Tata Chemicals Ltd, TOHO ZINC CO. Ltd, TP Polymer Private Ltd, Upper India, Weifang Longda Zinc Industry Co. Ltd, Yongchang zinc industry Co. Ltd, Zinc Nacional, S.A., Zinc Oxide Australia, Zochem Inc, and Others. |
|
Countries |
US, Canada, Mexico, Germany, France, Spain, Italy, UK, Russia, China, India, Japan, South Korea, Australia, South East Asia, Brazil, Argentina, Middle East, Africa |
Form
Process
Application
Countries Included
* List not Exhaustive
About USD Analytics
Table of Contents
List of Charts and Exhibits
List of Tables
1. Executive Summary
What’s New in 2025?
Top 10 Takeaways from the industry
Potential Opportunities for Industry Stakeholders
Strategic Imperatives
Company Market Positioning
Industry Benchmarking Matrix
2. Research Scope and Methodology
Market Definition
- Market Segments
- Companies Profiled
Research Methodology
- Bottom-Up Method
- Top-Down Method
- Data Triangulation
Forecast Methodology
- Data Sources
- USDA Proprietary Databases
- External Sources
- Primary Research and Interviews
Conversion Rates for USD
Abbreviations
3. Strategic Landscape: Key Insights and Implications
Spotlight: Key Strategies opted by Business Leaders
Competitive Landscape
Market Size ($ Million) and Share (%) by Company, 2024
SWOT Analysis
- Key Market Strengths
- Key Market Weaknesses
- Potential Opportunities
- Potential Threats
Porter’s Five Force Analysis
- Summary
- Bargaining Power of Buyers- Impact Analysis
- Bargaining Power of Suppliers- Impact Analysis
- Threat of new entrants- Impact Analysis
- Intensity of Competitive Rivalry- Impact Analysis
Macro-Environmental Analysis
- Economic forecasts by Country, 2010- 2035
- Population forecasts by Country, 2010- 2035
- Inflation Outlook by Country, 2010-2035
- Impact of Russia-Ukraine Conflict, Sluggish China Growth, US Developments
5. Growth Opportunity Analysis
Trends at a Glance
- What are the most noteworthy trends in the market
- Where should leaders pay attention?
- What industries are likely to be affected by the growth?
Market Dynamics
- Charting a path forward
- Growth Drivers
- Growth Barriers
Key Industry Stakeholders
- Suppliers
- Manufacturers and Service Providers
- Distribution Channels
- End-Users and Applications
- Regulators
- Investors, Traders, and R&D Institutes
Regulatory Landscape
6. Market Size Outlook to 2034
Global Zinc Oxide Market Size Forecast, USD Million, 2018- 2034
- Historic Market Size, 2018- 2024
- Forecast Market Size, 2024- 2034
Scenario Analysis
- Low Growth Scenario: Definition and Outlook to 2034
- Reference Case: Definition and Outlook to 2034
- High Growth Scenario: Definition and Outlook to 2034
Pricing Analysis and Outlook
- Zinc Oxide Average Price Forecast, 2021- 2034
- Key Factors Shaping the Pricing Patterns
7. Historical Zinc Oxide Market Size by Segments, 2018- 2024
Key Statistics, 2024
Zinc Oxide Market Size Outlook by Type, USD Million, 2018- 2024
Growth Comparison (y-o-y) across Zinc Oxide Types, 2018- 2024
Zinc Oxide Market Size Outlook by Application, USD Million, 2018- 2024
Growth Comparison (y-o-y) across Zinc Oxide Applications, 2018- 2024
8. Zinc Oxide Market Size Outlook by Segments, 2024- 2034
By Form
Powder
Pellets
Liquid
By Process
Indirect
Direct
Wet Chemical
Others
By Application
Automotive
Construction
Cosmetics and Personal Care
Paints & Coatings
Pharmaceuticals
Agriculture
Others
9. Zinc Oxide Market Size Outlook by Region
North America
Key Market Dynamics
North America Zinc Oxide Market Size Outlook by Type, USD Million, 2021-2034
North America Zinc Oxide Market Size Outlook by Application, USD Million, 2021-2034
North America Zinc Oxide Market Size Outlook by Sales Channel, USD Million, 2021-2034
North America Zinc Oxide Market Size Outlook by Country, USD Million, 2021-2034
Europe
Key Market Dynamics
Europe Zinc Oxide Market Size Outlook by Type, USD Million, 2021-2034
Europe Zinc Oxide Market Size Outlook by Application, USD Million, 2021-2034
Europe Zinc Oxide Market Size Outlook by Sales Channel, USD Million, 2021-2034
Europe Zinc Oxide Market Size Outlook by Country, USD Million, 2021-2034
Asia Pacific
Key Market Dynamics
Asia Pacific Zinc Oxide Market Size Outlook by Type, USD Million, 2021-2034
Asia Pacific Zinc Oxide Market Size Outlook by Application, USD Million, 2021-2034
Asia Pacific Zinc Oxide Market Size Outlook by Sales Channel, USD Million, 2021-2034
Asia Pacific Zinc Oxide Market Size Outlook by Country, USD Million, 2021-2034
South America
Key Market Dynamics
South America Zinc Oxide Market Size Outlook by Type, USD Million, 2021-2034
South America Zinc Oxide Market Size Outlook by Application, USD Million, 2021-2034
South America Zinc Oxide Market Size Outlook by Sales Channel, USD Million, 2021-2034
South America Zinc Oxide Market Size Outlook by Country, USD Million, 2021-2034
Middle East and Africa
Key Market Dynamics
Middle East and Africa Zinc Oxide Market Size Outlook by Type, USD Million, 2021-2034
Middle East and Africa Zinc Oxide Market Size Outlook by Application, USD Million, 2021-2034
Middle East and Africa Zinc Oxide Market Size Outlook by Sales Channel, USD Million, 2021-2034
Middle East and Africa Zinc Oxide Market Size Outlook by Country, USD Million, 2021-2034
10. United States Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
United States Zinc Oxide Market Size Outlook by Type, 2021- 2034
United States Zinc Oxide Market Size Outlook by Application, 2021- 2034
United States Zinc Oxide Market Size Outlook by End-User, 2021- 2034
11. Canada Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Canada Zinc Oxide Market Size Outlook by Type, 2021- 2034
Canada Zinc Oxide Market Size Outlook by Application, 2021- 2034
Canada Zinc Oxide Market Size Outlook by End-User, 2021- 2034
12. Mexico Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Mexico Zinc Oxide Market Size Outlook by Type, 2021- 2034
Mexico Zinc Oxide Market Size Outlook by Application, 2021- 2034
Mexico Zinc Oxide Market Size Outlook by End-User, 2021- 2034
13. Germany Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Germany Zinc Oxide Market Size Outlook by Type, 2021- 2034
Germany Zinc Oxide Market Size Outlook by Application, 2021- 2034
Germany Zinc Oxide Market Size Outlook by End-User, 2021- 2034
14. France Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
France Zinc Oxide Market Size Outlook by Type, 2021- 2034
France Zinc Oxide Market Size Outlook by Application, 2021- 2034
France Zinc Oxide Market Size Outlook by End-User, 2021- 2034
15. United Kingdom Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
United Kingdom Zinc Oxide Market Size Outlook by Type, 2021- 2034
United Kingdom Zinc Oxide Market Size Outlook by Application, 2021- 2034
United Kingdom Zinc Oxide Market Size Outlook by End-User, 2021- 2034
16. Spain Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Spain Zinc Oxide Market Size Outlook by Type, 2021- 2034
Spain Zinc Oxide Market Size Outlook by Application, 2021- 2034
Spain Zinc Oxide Market Size Outlook by End-User, 2021- 2034
17. Italy Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Italy Zinc Oxide Market Size Outlook by Type, 2021- 2034
Italy Zinc Oxide Market Size Outlook by Application, 2021- 2034
Italy Zinc Oxide Market Size Outlook by End-User, 2021- 2034
18. Benelux Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Benelux Zinc Oxide Market Size Outlook by Type, 2021- 2034
Benelux Zinc Oxide Market Size Outlook by Application, 2021- 2034
Benelux Zinc Oxide Market Size Outlook by End-User, 2021- 2034
19. Nordic Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Nordic Zinc Oxide Market Size Outlook by Type, 2021- 2034
Nordic Zinc Oxide Market Size Outlook by Application, 2021- 2034
Nordic Zinc Oxide Market Size Outlook by End-User, 2021- 2034
20. Rest of Europe Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Europe Zinc Oxide Market Size Outlook by Type, 2021- 2034
Rest of Europe Zinc Oxide Market Size Outlook by Application, 2021- 2034
Rest of Europe Zinc Oxide Market Size Outlook by End-User, 2021- 2034
21. China Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
China Zinc Oxide Market Size Outlook by Type, 2021- 2034
China Zinc Oxide Market Size Outlook by Application, 2021- 2034
China Zinc Oxide Market Size Outlook by End-User, 2021- 2034
22. India Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
India Zinc Oxide Market Size Outlook by Type, 2021- 2034
India Zinc Oxide Market Size Outlook by Application, 2021- 2034
India Zinc Oxide Market Size Outlook by End-User, 2021- 2034
23. Japan Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Japan Zinc Oxide Market Size Outlook by Type, 2021- 2034
Japan Zinc Oxide Market Size Outlook by Application, 2021- 2034
Japan Zinc Oxide Market Size Outlook by End-User, 2021- 2034
24. South Korea Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
South Korea Zinc Oxide Market Size Outlook by Type, 2021- 2034
South Korea Zinc Oxide Market Size Outlook by Application, 2021- 2034
South Korea Zinc Oxide Market Size Outlook by End-User, 2021- 2034
25. Australia Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Australia Zinc Oxide Market Size Outlook by Type, 2021- 2034
Australia Zinc Oxide Market Size Outlook by Application, 2021- 2034
Australia Zinc Oxide Market Size Outlook by End-User, 2021- 2034
26. South East Asia Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
South East Asia Zinc Oxide Market Size Outlook by Type, 2021- 2034
South East Asia Zinc Oxide Market Size Outlook by Application, 2021- 2034
South East Asia Zinc Oxide Market Size Outlook by End-User, 2021- 2034
27. Rest of Asia Pacific Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Asia Pacific Zinc Oxide Market Size Outlook by Type, 2021- 2034
Rest of Asia Pacific Zinc Oxide Market Size Outlook by Application, 2021- 2034
Rest of Asia Pacific Zinc Oxide Market Size Outlook by End-User, 2021- 2034
28. Brazil Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Brazil Zinc Oxide Market Size Outlook by Type, 2021- 2034
Brazil Zinc Oxide Market Size Outlook by Application, 2021- 2034
Brazil Zinc Oxide Market Size Outlook by End-User, 2021- 2034
29. Argentina Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Argentina Zinc Oxide Market Size Outlook by Type, 2021- 2034
Argentina Zinc Oxide Market Size Outlook by Application, 2021- 2034
Argentina Zinc Oxide Market Size Outlook by End-User, 2021- 2034
30. Rest of South America Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of South America Zinc Oxide Market Size Outlook by Type, 2021- 2034
Rest of South America Zinc Oxide Market Size Outlook by Application, 2021- 2034
Rest of South America Zinc Oxide Market Size Outlook by End-User, 2021- 2034
31. United Arab Emirates Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
United Arab Emirates Zinc Oxide Market Size Outlook by Type, 2021- 2034
United Arab Emirates Zinc Oxide Market Size Outlook by Application, 2021- 2034
United Arab Emirates Zinc Oxide Market Size Outlook by End-User, 2021- 2034
32. Saudi Arabia Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Saudi Arabia Zinc Oxide Market Size Outlook by Type, 2021- 2034
Saudi Arabia Zinc Oxide Market Size Outlook by Application, 2021- 2034
Saudi Arabia Zinc Oxide Market Size Outlook by End-User, 2021- 2034
33. Rest of Middle East Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Middle East Zinc Oxide Market Size Outlook by Type, 2021- 2034
Rest of Middle East Zinc Oxide Market Size Outlook by Application, 2021- 2034
Rest of Middle East Zinc Oxide Market Size Outlook by End-User, 2021- 2034
34. South Africa Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
South Africa Zinc Oxide Market Size Outlook by Type, 2021- 2034
South Africa Zinc Oxide Market Size Outlook by Application, 2021- 2034
South Africa Zinc Oxide Market Size Outlook by End-User, 2021- 2034
35. Rest of Africa Zinc Oxide Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Africa Zinc Oxide Market Size Outlook by Type, 2021- 2034
Rest of Africa Zinc Oxide Market Size Outlook by Application, 2021- 2034
Rest of Africa Zinc Oxide Market Size Outlook by End-User, 2021- 2034
36. Key Companies
Market Share Analysis
Ace Chemie Zynk Energy Ltd
AG CHEMI GROUP s.r.o.
CCL Industries Inc
EverZinc Holding N.V.
HAKUSUI TECH
IEQSA
Lanxess AG
Neo Zinc Oxide
Pan-Continental Chemical Co. Ltd
Rubamin
Tata Chemicals Ltd
TOHO ZINC CO. Ltd
TP Polymer Private Ltd
Upper India
Weifang Longda Zinc Industry Co. Ltd
Yongchang zinc industry Co. Ltd
Zinc Nacional, S.A.
Zinc Oxide Australia
Zochem Inc
Company Benchmarking
Financial Analysis
37. Recent Market Developments
38. Appendix
Looking Ahead
Research Methodology
Legal Disclaimer
Form
Process
Application
Countries Included
The global Zinc Oxide Market Size is estimated at $6.2 Billion in 2025 and is forecast to register an annual growth rate (CAGR) of 5.3% to reach $9.9 Billion by 2034.
Indirect Process (81.3% market share), Automotive and Transportation (38.1% revenue share), Pharmaceuticals (5.8% CAGR)
Ace Chemie Zynk Energy Ltd, AG CHEMI GROUP s.r.o., CCL Industries Inc, EverZinc Holding N.V., HAKUSUI TECH, IEQSA, Lanxess AG, Neo Zinc Oxide, Pan-Continental Chemical Co. Ltd, Rubamin, Tata Chemicals Ltd, TOHO ZINC CO. Ltd, TP Polymer Private Ltd, Upper India, Weifang Longda Zinc Industry Co. Ltd, Yongchang zinc industry Co. Ltd, Zinc Nacional, S.A., Zinc Oxide Australia, Zochem Inc, and Others.
Base Year- 2024; Estimated Year- 2025; Historic Period- 2019-2024; Forecast period- 2025 to 2034; Currency: Revenue (USD); Volume
The US continues to offer strong growth opportunities for Zinc Oxide sellers with $0.63 Billion Market Size in 2025