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 decreased 22.57 USD/MT or 0.76% since the beginning of 2025, 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 March of 2025.

The U.S. zinc oxide market stood at $886M in 2024, surging by 3.4% against the previous year. In general, the total consumption indicated modest growth from 2012 to 2024: its value increased at an average annual rate of +1.9% 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 -2.4% against 2022 indices.

In 2024, the Canadian zinc oxide market increased by 14% to $197M, rising for the fourth consecutive year after two years of decline. Over the period under review, the total consumption indicated a tangible increase from 2012 to 2024: its value increased at an average annual rate of +4.1% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

The global zinc oxide market is poised for significant growth over the forecast period (2025-2033). While precise figures for market size and CAGR are absent from the provided data, industry reports suggest a substantial market value, likely in the billions of dollars, considering the widespread applications of zinc oxide. Key drivers for this growth include the increasing demand for zinc oxide in the rubber and tire industries, its crucial role as a UV absorber in sunscreens and cosmetics, and its expanding use in the healthcare sector for wound healing and antibacterial applications. Furthermore, the growing construction industry, particularly in developing economies, fuels demand for zinc oxide as a pigment in paints and coatings. Technological advancements leading to the production of high-purity zinc oxide with enhanced properties are also contributing to market expansion. However, price fluctuations in zinc metal, a primary raw material, and environmental regulations related to zinc oxide production pose potential restraints on market growth. Segmentation analysis reveals strong growth across diverse applications, including rubber, plastics, cosmetics, and pharmaceuticals, while regional markets like Asia-Pacific (driven by strong industrialization in China and India) and North America are expected to dominate market share. Competition among key players like American Zinc Recycling, EverZinc, GHC, Hindustan Zinc, and Votorantim Group is expected to remain intense, driving innovation and potentially influencing pricing dynamics. The historical period (2019-2024) likely witnessed moderate growth in the zinc oxide market, influenced by global economic conditions and fluctuations in raw material prices. Looking ahead, the forecast period (2025-2033) is expected to show a more robust expansion, fueled by factors outlined above. Companies are likely investing in capacity expansion and research and development to cater to the growing demand and emerging applications. A comprehensive understanding of regional differences in regulations, consumer preferences, and industrial activity will be crucial for companies aiming to succeed in this expanding market. Strategic partnerships, mergers, and acquisitions are anticipated as key strategies for market players to enhance their position and reach. Sustainable manufacturing practices are also becoming increasingly important, influencing the future trajectory of the zinc oxide market.

In 2023, the average price for zinc stood at 3,653 nominal U.S. dollars per metric ton. This statistic depicts the average annual prices for zinc from 2014 to 2023, with forecast figures for 2024 through 2026.

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

In 2023, overseas shipments of zinc oxide and zinc peroxide were finally on the rise to reach 84 tons for the first time since 2020, thus ending a two-year declining trend.

The Australian zinc oxide market surged to $186M in 2024, picking up by 18% against the previous year. Over the period under review, consumption posted a pronounced expansion. Zinc oxide consumption peaked at $300M in 2019; however, from 2020 to 2024, consumption stood at a somewhat lower figure.

In 2023, supplies from abroad of zinc oxide and zinc peroxide decreased by -4.2% to 98K tons, falling for the second year in a row after two years of growth.

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

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

In August 2022, the zinc oxide price per ton amounted to $3.7K, almost unchanged from the previous month.

Zinc Oxide Price in China - 2023. Find the latest marketing data on the IndexBox platform.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

The Vietnamese zinc oxide market contracted to $151M in 2024, reducing by -13.2% against the previous year. Over the period under review, consumption posted buoyant growth. Zinc oxide consumption peaked at $173M in 2023, and then dropped in the following year.

The South African zinc oxide market expanded slightly to $37M in 2024, picking up by 1.7% against the previous year. Over the period under review, the total consumption indicated a mild expansion from 2012 to 2024: its value increased at an average annual rate of +1.2% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -9.6% against 2022 indices.

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

1124 Global export shipment records of Zinc Oxide Ointment with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

In 2023, the amount of zinc oxide and zinc peroxide exported from Mexico soared to 50K tons, surging by 23% on 2022 figures.