Global Zinc Oxide Market Size & Outlook, 2021-2030

The global zinc oxide market size was estimated at USD 4,434.5 million in 2021 and is projected to reach USD 8,104.4 million by 2030, growing at a CAGR of 6.9% from 2022 to 2030.
Revenue, 2021 (US$M)
$4,434.5
Forecast, 2030 (US$M)
$8,104.4
CAGR, 2022 - 2030
6.9%
Report Coverage
Worldwide

Global zinc oxide market highlights

  • The global zinc oxide market generated a revenue of USD 4,434.5 million in 2021 and is expected to reach USD 8,104.4 million by 2030.
  • The market is expected to grow at a CAGR (2022 - 2030) of 6.9% by 2030.
  • In terms of segment, indirect accounted for a revenue of USD 3,663.6 million in 2021.
  • Wet Chemical is the most lucrative process segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2021.
  • Country-wise, Russia is expected to register the highest CAGR from 2022 to 2030.

Global data book summary

Market revenue in 2021USD 4,434.5 million
Market revenue in 2030USD 8,104.4 million
Growth rate6.9% (CAGR from 2021 to 2030)
Largest segmentIndirect
Fastest growing segmentWet Chemical
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationIndirect, Direct, Wet Chemical

Other key industry trends

  • In terms of revenue, the North America accounted for 16.2% of the global zinc oxide market in 2021.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Russia is the fastest growing regional market and is projected to reach USD 62.9 million by 2030.

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Zinc Oxide Market Companies

Name Profile # Employees HQ Website
Zochem View profile 501-1000 Frampton, Quebec, Canada, North America https://www.zochem.com/
Zinc Oxide (Aust) View profile - Lytton, Queensland, Australia, Oceania https://www.zincoxideaustralia.com.au
Upper India View profile 11-50 Haryana, Haryana, India, Asia https://www.uizincoxide.com
TP Polymer Pvt Ltd View profile 11-50 Delhi, Delhi, India, Asia https://www.tppolymer.com/
Rubamin View profile 251-500 Vadodara, Gujarat, India, Asia http://rubamin.com/
Hakusui Tech Co View profile 101-250 Dempocho-kita, Osaka, Japan, Asia https://hakusuitech.com/
Zinc Nacional View profile 501-1000 Monterrey, Nuevo Leon, Mexico, North America https://www.zincnacional.com
EverZinc View profile 501-1000 Liège, Liege, Belgium, Europe https://www.everzinc.com/
AG Chemi Group View profile 11-50 Prague, Hlavni mesto Praha, Czech Republic, Europe https://www.agchemigroup.eu
Tata Chemicals View profile 5001-10000 Mumbai, Maharashtra, India, Asia http://www.tatachemicals.com/
Toho Zinc Co Ltd View profile 1057 1-8-2 Marunouchi, Tekko Building, Chiyoda-ku, Tokyo, Japan, 100-8207 http://www.toho-zinc.co.jp
Lanxess AG View profile 12621 Kennedyplatz 1, Cologne, Germany, 50569 https://www.lanxess.com

Global zinc oxide market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to zinc oxide market will help companies and investors design strategic landscapes.


Indirect was the largest segment with a revenue share of 82.62% in 2021. Horizon Databook has segmented the Global zinc oxide market based on indirect, direct, wet chemical covering the revenue growth of each sub-segment from 2017 to 2030.


  • Global Zinc Oxide Process Outlook (Revenue, USD Million, 2017-2030)
    • Indirect
    • Wet Chemical
    • Direct
    • Others
  • Global Zinc Oxide Application Outlook (Revenue, USD Million, 2017-2030)
    • Rubber
    • Ceramics
    • Paints & Coatings
    • Pharmaceuticals
    • Cosmetics and Personal Care
    • Agriculture
    • Chemicals
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global zinc oxide market , including forecasts for subscribers. This global databook contains high-level insights into Global zinc oxide market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Global zinc oxide market size, by regions, 2017-2030 (US$M)

Top 10 countries: Zinc oxide market size, 2021 (US$M)

Global zinc oxide market share, by application, 2021 & 2030 (%, US$M)

Zinc oxide market: Opportunity assessment by country

Global zinc oxide market, by region, 2021 (US$M)

Global zinc oxide market size, by regions, 2017-2030 (US$M)

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