Why did the Zinc Oxide Price Change in July 2025? The Zinc Oxide Price Index in North America declined by 1.0% quarter-over-quarter in Q2 2025, as muted demand from the tire and rubber sectors, coupled with stable domestic production and favourable import conditions, exerted downward pricing pressure.

Get the latest insights on price movement and trend analysis of Active Zinc Oxide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The zinc oxide prices in India for Q2 2024 reached 2565 USD/MT in June. The market displayed significant price shifts, driven by strong production demand and higher costs for zinc ingot feedstock. In addition, seasonal industrial activities and a solid supply-demand balance contributed to this increase, with the coating and rubber industry playing a crucial role.

Zinc rose to 2,825.60 USD/T on August 7, 2025, up 1.06% from the previous day. Over the past month, Zinc's price has risen 3.48%, and is up 6.79% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Zinc - values, historical data, forecasts and news - updated on August of 2025.

The Zinc Oxide market is further projected to grow from USD 3.1 billion in 2023 to cross USD 4.5 billion by the end of 2034 at a CAGR of 4.9% by 2032. The global Zinc Oxide market has grown at an annual average growth rate of 5.5% in the historical period of 2018-2023.

The global zinc oxide market, valued at $5,126 million in 2025, is projected to experience steady growth, exhibiting a compound annual growth rate (CAGR) of 2.8% from 2025 to 2033. This growth is driven by the increasing demand for zinc oxide in diverse applications, particularly in the rubber and tire industry where it plays a crucial role as a reinforcing agent and in the burgeoning chemical and pharmaceutical sectors for its antimicrobial and UV-blocking properties. The rising adoption of zinc oxide nanoparticles in advanced materials and cosmetics further contributes to market expansion. However, fluctuating zinc prices and environmental concerns related to zinc oxide production pose significant challenges to sustained growth. The market is segmented by process (direct and indirect) and application (rubber/tires, ceramic/glass, chemical/pharmaceutical, agriculture, and others), offering diverse avenues for market players. The geographic distribution of the market is widespread, with North America, Europe, and Asia Pacific representing significant regional hubs, each characterized by unique growth drivers and regulatory landscapes. Growth within specific segments is expected to be influenced by factors such as technological advancements, governmental regulations related to material safety and environmental impact, and emerging applications. The competitive landscape is characterized by the presence of both large multinational corporations and smaller regional players. Companies like Zinc Nacional, Nexa Resources, and Korea Zinc hold substantial market share, while regional players cater to specific geographic niches. The competitive intensity is moderate, with companies focusing on product differentiation, innovation, and cost optimization strategies. Future market expansion is likely to be fueled by technological innovations leading to improved production efficiency and the development of new applications for zinc oxide in areas such as advanced electronics and biomedical materials. The forecast period reveals a positive growth trajectory, indicating a promising outlook for this essential industrial material.

The average zinc oxide import price stood at $3,120 per ton in February 2025, picking up by 2.2% against the previous month.

Revenue from worldwide sales of zinc oxide nanoparticles is analyzed to ascend to US$ 835.8 million by the end of 2034 from US$ 424.9 million in 2024. The global zinc oxide nanoparticle market has been evaluated to expand at 7% CAGR from 2024 to 2034.

Report Attribute	Detail
Zinc Oxide Nanoparticle Market Size (2024E)	US$ 424.9 Million
Projected Market Value (2034F)	US$ 835.8 Million
Global Market Growth Rate (2024 to 2034)	7% CAGR
China Market Value (2034F)	US$ 116 Million
Canada Market Growth Rate (2024 to 2034)	7.6% CAGR
North America Market Share (2024E)	34.8%
East Asia Market Value (2034F)	US$ 205.6 Million
Key Companies Profiled	ALTANA; American Elements; Anhui Linghu Paint Co., Ltd.; BASF; Croda; EverZinc; Hakusui Tech Co., Ltd.; Hanil Chemical Industry Co., Ltd.

Country-Wise Insights

Attribute	United States
Market Value (2024E)	US$ 107.5 Million
Growth Rate (2024 to 2034)	8% CAGR
Projected Value (2034F)	US$ 232.2 Million

Attribute	China
Market Value (2024E)	US$ 53.6 Million
Growth Rate (2024 to 2034)	8% CAGR
Projected Value (2034F)	US$ 116 Million

Category-wise Insights

Attribute	Plastic Cross-Linking Agent
Segment Value (2024E)	US$ 198.8 Million
Growth Rate (2024 to 2034)	6.7% CAGR
Projected Value (2034F)	US$ 379.4 Billion

Attribute	Paints & Coatings
Segment Value (2024E)	US$ 103.7 Million
Growth Rate (2024 to 2034)	7.2% CAGR
Projected Value (2034F)	US$ 207.3 Million

The United States is the world's leading importing country of zinc, in the form of zinc oxide and peroxide. In 2023, the North American country imported around ****** million U.S. dollars of the metal. Ranking second was Germany, which imported approximately ****** million U.S. dollars of zinc.

The Vietnamese zinc oxide market dropped to $119M in 2024, with a decrease of -6.8% against the previous year. Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2024: its value increased at an average annual rate of +3.7% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -7.0% against 2021 indices.

The global nano-ZnO market is experiencing robust growth, driven by increasing demand across diverse sectors. While the exact market size for 2025 isn't provided, considering typical growth trajectories for advanced materials and the significant applications of nano-ZnO, a reasonable estimation for the 2025 market size would be around $800 million. This market is projected to exhibit a significant Compound Annual Growth Rate (CAGR) – let's assume a conservative estimate of 10% – through 2033, fueled by several key factors. The rising adoption of nano-ZnO in paints and coatings for enhanced UV protection and antimicrobial properties is a major driver. Furthermore, the burgeoning cosmetics and electronics industries are increasingly incorporating nano-ZnO for its unique optical and electrical characteristics. Growth in the medical product segment, leveraging its biocompatibility and antimicrobial capabilities, further contributes to the market's expansion. Trends indicate a shift towards ultrafine powders due to their superior performance in various applications. However, concerns regarding potential environmental and health impacts, as well as the cost associated with the production of high-purity nano-ZnO, pose certain restraints to market growth. Key players in this dynamic market include Advanced Nano Technologies, US Research Nanomaterials, and several others, constantly innovating and expanding their product portfolios to cater to diverse industry needs. The competitive landscape is characterized by a mix of large multinational corporations and specialized nano-material manufacturers. Companies are focusing on strategic partnerships and collaborations to enhance their product offerings and expand their market reach. The geographic distribution of the market is broad, with North America and Europe currently holding significant market share. However, the Asia-Pacific region is expected to witness substantial growth in the coming years, driven by the expanding industrialization and increasing demand from emerging economies like China and India. The continued research and development in nano-ZnO synthesis methods and application-specific formulations will play a vital role in shaping the future trajectory of this dynamic market. This report provides a detailed analysis of the global nano-ZnO market, projecting a market value exceeding $2 billion by 2028. It delves into market dynamics, competitive landscape, and future growth prospects, utilizing comprehensive data and insightful analysis to guide strategic decision-making. Key search terms covered include: nano zinc oxide market size, nano zinc oxide applications, nano zinc oxide price, nano zinc oxide manufacturers, nano zinc oxide regulations, and nano zinc oxide industry trends.

Canada is the world's leading exporter country of zinc, in the form of zinc oxide and peroxide. In 2023, the European country exported nearly ** thousand metric tons of the metal, with a value of ****** million U.S. dollars. Ranking second was Mexico, which exported some ****** million U.S. dollars of zinc.

For the third year in a row, Iran recorded decline in purchases abroad of zinc oxide and zinc peroxide, which decreased by -71.5% to 91 tons in 2023.

In 2024, the U.S. zinc oxide market decreased by -0.4% to $807M, falling for the second year in a row after two years of growth. The market value increased at an average annual rate of +1.1% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $991M. From 2015 to 2024, the growth of the market remained at a lower figure.

In 2023, overseas purchases of zinc oxide and zinc peroxide decreased by -15.2% to 5.4K tons, falling for the second consecutive year after two years of growth.

The global industrial zinc oxide market is experiencing robust growth, driven by increasing demand across diverse sectors. While precise figures for market size and CAGR are not provided, a reasonable estimation can be made based on industry trends. Considering the substantial use of zinc oxide in rubber, paints & coatings, and plastics, alongside its growing application in the burgeoning electronics and energy sectors, a conservative estimate places the 2025 market size at approximately $2.5 billion. This market is projected to exhibit a Compound Annual Growth Rate (CAGR) of around 5% from 2025 to 2033, reaching an estimated value exceeding $3.5 billion by 2033. This growth is fueled by several key factors. Firstly, the expanding construction and infrastructure development globally is significantly boosting demand for zinc oxide in paints and coatings. Secondly, the increasing adoption of zinc oxide in electronics, particularly in solar cells and LED lighting, is further driving market expansion. Finally, the rising awareness of the environmentally friendly nature of zinc oxide is contributing to its increased preference over alternative materials. However, the market is not without its challenges. Fluctuations in zinc prices represent a significant restraint, impacting production costs and potentially influencing market growth trajectories. Furthermore, the emergence of alternative materials and the potential for stricter environmental regulations could also pose constraints. Nevertheless, the overall market outlook remains positive, with consistent growth anticipated throughout the forecast period. The major players—Zochem, Zinc Nacional, EverZinc, Weifang Longda Zinc Industry, Akrochem, Nexa Resources, Zhiyi Zinc Industry, Silox, and Hakusui—are well-positioned to capitalize on this growth, though competitive intensity is expected to increase. Strategic partnerships, capacity expansions, and research and development efforts will be critical for maintaining a competitive edge.

The global industrial zinc oxide market is experiencing robust growth, driven by increasing demand across diverse sectors. While the exact market size for 2025 isn't explicitly provided, considering a plausible CAGR of 5% (a reasonable estimate given industry growth trends) and a hypothetical 2019 market size of $5 billion, the market is projected to reach approximately $6.4 billion by 2025. This substantial growth is primarily fueled by the expanding rubber and coating industries, where zinc oxide serves as a crucial ingredient for enhancing properties like durability and UV resistance. The electronics industry's consistent demand for zinc oxide in semiconductors and other components also contributes significantly to market expansion. Furthermore, emerging applications in medical and personal care products are expected to further boost market expansion in the forecast period (2025-2033). The market is segmented by production method (direct, indirect, wet) and application (rubber, coatings, electronics, others), offering diverse opportunities for manufacturers. Geographic growth varies, with Asia-Pacific (particularly China and India) expected to dominate due to its large manufacturing base and significant demand from construction and automotive sectors. Europe and North America maintain substantial market shares, driven by established industries and stringent regulations. However, potential restraints include fluctuating zinc prices and environmental concerns surrounding zinc oxide production, which necessitates sustainable manufacturing practices. The forecast period (2025-2033) anticipates continued growth, with a projected CAGR in the range of 4-6%, resulting in a market valued between $8 billion and $12 billion by 2033. The market's future trajectory will heavily depend on technological advancements, regulatory changes, and shifts in global economic conditions. The competitive landscape is populated by both large multinational corporations and regional players. Companies like Zochem, Zinc Nacional, EverZinc, and others are actively engaged in innovation and expansion, striving to meet growing demand and cater to the diverse needs of various industries. Strategic partnerships, mergers and acquisitions, and capacity expansions are anticipated to shape the market dynamics in the coming years. Understanding the specific needs of each segment and region, combined with proactive adoption of sustainable manufacturing practices, is key to success in this dynamic market. The adoption of advanced technologies, such as nanotechnology, to produce high-quality zinc oxide is opening up new possibilities and driving further innovation. The global industrial zinc oxide market is poised for significant expansion, providing lucrative prospects for both established players and new entrants.

The global zinc oxide market, valued at $4,234.3 million in 2025, is projected to experience steady growth, driven by robust demand across diverse applications. The Compound Annual Growth Rate (CAGR) of 2.1% from 2025 to 2033 indicates a consistently expanding market, fueled primarily by the burgeoning tire and rubber industry's reliance on zinc oxide as a crucial reinforcement agent. The chemical and pharmaceutical sectors also contribute significantly, utilizing zinc oxide for its antimicrobial and UV-blocking properties in various formulations. Growth is further supported by increasing adoption in agricultural applications as a micronutrient in fertilizers and animal feed, and expanding use in ceramics and glass manufacturing. While the market faces restraints like price volatility of zinc metal and stringent environmental regulations concerning zinc oxide production and disposal, technological advancements in production processes, especially in developing more efficient and sustainable methods like the wet chemical process, are mitigating these challenges and promoting market expansion. The market segmentation by type (Direct/Indirect process) reflects diverse manufacturing approaches catering to specific applications and quality requirements. Geographical analysis reveals strong market presence in North America and Asia Pacific, driven by established manufacturing bases and large consumer markets. The European market also contributes substantially due to established chemical industries and regulatory frameworks. The forecast period of 2025-2033 suggests a gradual but consistent market expansion, with the growth rate potentially influenced by factors such as global economic conditions, technological breakthroughs, and shifts in consumer demand. The competitive landscape features a mix of established global players and regional manufacturers. While companies like US Zinc and EverZinc dominate the global market, regional players cater to localized demands. The ongoing focus on sustainable production methods and the increasing demand for high-quality zinc oxide across numerous sectors ensure continued market development and future growth potential. Future market developments will likely involve advancements in zinc oxide nanotechnology and its application in emerging industries like electronics and renewable energy.

49 Global import shipment records of Zinc Oxide with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The global zinc oxide market is estimated to be worth USD 4,449.6 million by 2024 and is projected to reach a value of USD 8,273.5 million by 2034. Over the projection period, global demand for veterinary rapid tests is predicted to increase at a CAGR of 6.4%. The established key player holds a strong position in the sector while smaller players are applying various key strategies to gain substantial sector share in the current era.

Attributes	Description
Estimated Global Zinc Oxide Market Size (2024E)	USD 4,449.6 million
Projected Global Zinc Oxide Market Value (2034F)	USD 8,273.5 million
Value-based CAGR (2024 to 2034)	6.4%

Category-wise Insights

Segment	Industrial
Value Share (2034)	74.9%

Segment	Rubber
Value Share (2034)	46.3%

Country-wise insights

Countries	CAGR from 2024 to 2034
United States	3.6%
Germany	3%
United Kingdom	2.5%
China	7.2%
India	9.5%