According to the report, the zinc oxide market size was estimated at USD 4.87 billion in 2021 and is likely to grow at a CAGR of 6.84% during 2022-2028 to reach USD 7.75 billion in 2028.

Key Market Players –

  • Zochem Inc.
  • EverZinc Belgium SA
  • ZM Silesia SA.
  • Akrochem Corporation
  • J. G. Chemicals Pvt. Ltd.
  • Pan-Continental Chemical Co Ltd.
  • Umicore SA
  • Rubamin Limited
  • Showa Denko KK
  • Advanced Nano Technologies Ltd.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Report Findings

The market is segmented as agriculture, ceramics, rubber, chemicals, pharmaceuticals, cosmetics & personal care, and others. The rubber segment accounted for the largest market share of more than 40% in 2021 and is projected to register significant growth during the review period. The growth of the segment is owing to the durability of ZnO, which is used for the vulcanization of rubber, used to manufacture tires.

The market is segmented into wet-chemical, American, and French processes. The french process segment accounted for the largest market share of more than 81% in 2021 and is projected to register significant growth during the forecast period as Zinc produced by using this process is very fine in size and possesses good dispersion and slow settling rates.

Asia-Pacific accounted for the largest market share of 30% in 2021, as well as the fastest-growing market for ZnO during the forecast period, with China and India, being the major countries with lucrative growth opportunities. One of the major driving factors is the rapid growth of the personal care products and cosmetics market in the region, with China being the largest exporter of ZnO.

FAQs in the report -

The research report aims to help the users learn about their market size and potential to connect with customers. This report answers to the following questions:

  • How big is the potential Zinc Oxide?
  • Will this market grow or shrink in the future?
  • Who are our top competitors or key players?
  • What market share do the competitors own?
  • How Covid19 has affected the market?
  • How long will it take to recover from the Covid-impact?

About us –

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