Base Year
Historical Year
Forecast Year
The global zinc chemicals market attained approximately USD 10.48 billion in 2023. The market is further expected to grow at a CAGR of 5.1% in the forecast period of 2024-2032, to attain about USD 16.40 billion by 2032.
| Global Zinc Chemicals Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical Period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 10.48 |
| Market Size 2032 | USD Billion | 16.40 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 5.1% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 5.9% |
| CAGR 2024-2032 - Market by Country | India | 6.7% |
| CAGR 2024-2032 - Market by Country | China | 4.8% |
| CAGR 2024-2032 - Market by Type | Zinc Oxide | 5.7% |
| CAGR 2024-2032 - Market by End User Industry | Chemicals and Petrochemicals | 9.2% |
| Market Share by Country 2023 | UK | 3.6% |
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The Asia Pacific region is expected to account for a significant share in the global market for zinc chemicals due to the rising disposable income of the growing population, along with the rising usages of products in rubber processing, agriculture, paints, and coating industry, among others. The growing demand for zinc sulphate as fertilisers for preventing deficiency in crops, mostly from Asia Pacific's agriculture-driven countries, is fueling the market expansion. In addition to this, the low cost of chemical fertiliser and its widespread availability are some of the additional factors propelling the growth of the regional market. Further, due to the rising agrochemical sector and economic expansion in China and India, the demand for zinc chemicals is likely to rise. As a result, all these market trends are likely to fuel demand for zinc chemicals in the region over the forecast period.
Zinc chemicals are referred to the inorganic compounds that are used in many different applications, such as rubber processing, pharmaceuticals, paints and coatings, among others. Zinc oxides are employed as vulcanisation agents in the production of rubber, which is heavily utilised by the automobile industry due to its widespread use in belts, radial tyres, and bias tyres, among others.
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Based on type, the market can be segmented into:
On the basis of end user industry, the market can be classified into:
The EMR report looks into the regional markets of zinc chemicals like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
| CAGR 2024-2032 - Market by | Country |
| India | 6.7% |
| China | 4.8% |
| USA | 4.5% |
| Japan | 3.5% |
| Canada | XX% |
| UK | XX% |
| Germany | XX% |
| France | XX% |
| Italy | XX% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
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The growth of the market is being driven by the increasing product demand in the agriculture, personal care, and pharmaceutical sectors for the production of textiles, paints and coatings, among others. The widespread usage of zinc and its compounds for a variety of industrial and home items is boosting the zinc chemicals industry. In addition, rapid urbanisation and robust industrial development are some of the factors boosting the building and construction activities, particularly in emerging economies. As a result, the demand for zinc derivatives to be used in paints and varnishes is catalysing the market growth.
Further, due to the flourishing automobile sector, the robust demand for zinc chemicals to be used in belts, radial tyres, paints, and coatings is positively impacting the growth of the market. Apart from this, the market growth is likely to benefit from the emerging research and technological advancements in zinc nanoparticles used for cancer diagnosis, imaging, and treatment, which offer significant prospects for the zinc chemicals industry in the following years.
The report gives a detailed analysis of the following key players in the global zinc chemicals market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by End User Industry |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global zinc chemicals market attained a value of nearly USD 10.48 billion.
The market is projected to grow at a CAGR of 5.1% between 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach nearly USD 16.40 billion by 2032.
The market is being driven by the rising demand for zinc chemicals to be used as additives in fertilisers in major agriculture-driven countries, and the rising usage of the products in rubber processing, agriculture, paints, and coating industry, among others.
The market growth is projected to be defined by rising investments in research and developments (R&D) to explore the potential benefits of zinc chemicals for cancer diagnosis, imaging, and treatment.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of zinc chemicals are zinc oxide, zinc sulphate, zinc carbonate, and zinc chloride, among others.
The significant end user industries of zinc chemicals are agriculture, chemicals and petrochemicals, ceramic, pharmaceutical, paints and coatings, and rubber processing, among others.
The major players in the industry are Akrochem Corporation, Everzinc Group SA, American Chemet Corporation, Pan-Continental Chemical Co., Ltd., and TIB Chemicals AG, among others.
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