The global zinc demand for renewable energy technologies is forecast to continuously increase during the next decade, from ******* metric tons in 2020 to ******* in 2030. Solar energy is expected to account for the largest share of this zinc consumption, with a forecast volume of ******* metric tons in 2030.

In 2023, zinc had a market value of over ** billion U.S. dollars worldwide. With prospects in the consumer goods, transportation, industrial machinery, construction and infrastructure sectors, the global zinc market appears to have a promising future. Indeed, by 2030, the market value is forecast to reach some ** billion U.S. dollars.

The Zinc Sulphate Market was valued at USD 2.14 billion in 2024 and is projected to surge to USD 3.25 billion by 2030, with a CAGR of 7.2% from 2025-2030.

Discover the latest trends in the global market for unwrought zinc as demand continues to rise. Stay informed on the projected market performance and anticipated growth in volume and value over the next six years.

In 2021, the global zinc market increased by 13% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the global market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Zinc Market size was valued at USD 26.64 billion in 2022 and is poised to grow from USD 29.73 billion in 2023 to USD 64.10 billion by 2030, at a CAGR of 11.6% during the forecast period (2023-2030).

The North America Zinc Acetate Market would witness market growth of 4.3% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 14,553.02 Tonnes, showcasing a growth of 4.0% (2019-2022). Zinc acetate, a chemical compound with the formula Zn(CH₃

The Global zinc chemicals market was valued at USD 9.30 billion in 2022 and is projected to reach USD 13.84 billion by 2030, registering a CAGR of 5.1% for the forecast period 2023-2030.

Rising adoption of zinc oxide in rubber production:

The rising adoption of zinc oxide in rubber production is a driving factor for the growth of the zinc chemical market. Zinc oxide (ZnO) is a white, odorless, and tasteless powder used in various applications, including as a pigment in paints and plastics, a component in some medications, and a vulcanizing agent in rubber production. In rubber production, ZnO is used to activate sulfur vulcanization, reducing the vulcanization time. It also helps to improve the mechanical properties of rubber, such as tensile strength, tear strength, and abrasion resistance. Additionally, ZnO helps prevent mold and bacteria growth in rubber products. In addition to the rubber industry, ZnO is also used in a variety of other applications, such as cosmetics, plastics, and electronics. The growth of these industries is also expected to support the growth of the zinc chemical market.

Surging demand for zinc oxide in paints and coatings industries:

In the paints and coatings industry, ZnO is used as a pigment, a UV protectant, and an anti-corrosive agent. It is a popular choice for these applications because it is white, opaque, and has good hiding power. It is also non-toxic and non-flammable, which makes it safe to use in paints and coatings. Zinc oxide is a good UV protectant, which means that it helps to protect the surface of a substrate from the harmful effects of sunlight. This is important because UV rays cause fading, cracking, and other damage to paint and coatings. Zinc oxide has anti-corrosive properties, which means that it helps to protect the surface of a substrate from corrosion. This is important for applications where the substrate is exposed to moisture or other corrosive elements. Overall, the surging demand for zinc oxide in the paints and coatings industry is a key driver for the growth of the zinc chemical market. The growth of the paints and coatings industry and the increasing demand for ZnO in other applications are also expected to support the growth of the market.

Restraining Factor:

Restrictions on the use of zinc oxide:

Restriction on the use of zinc oxide becomes a restraining factor for the growth of the zinc chemical market. Zinc oxide (ZnO) is a versatile compound with a wide range of applications. However, there are some restrictions on the use of ZnO in certain products. These restrictions are based on concerns about the potential health risks of ZnO exposure. In the United States, the Food and Drug Administration (FDA) has only approved ZnO for use in sunscreens up to a concentration of 25%. This is because higher concentrations of ZnO have been linked to health risks, such as skin irritation and allergic reactions. https://www.chemicalsafetyfacts.org/chemicals/zinc-oxide/.In the European Union, the use of ZnO in food packaging is prohibited. This is because there is concern that ZnO could leach into food and pose a health risk. Despite these challenges, the zinc chemical market is expected to grow in the upcoming years. The growth of the paints and coatings industry, the increasing demand for ZnO in other applications, and the rising adoption of ZnO in new technologies are all expected to drive the market.

Impact of the COVID-19 Pandemic on the Zinc chemicals market:

The outbreak of Covid-19 has witnessed a negative impact on the Zinc chemicals market growth. The governments of many regions across the globe have announced lockdowns to prevent the spread of the COVID-19 virus. The COVID-19 pandemic has disrupted the global supply chain, making obtaining zinc chemicals more difficult and expensive. This has led to shortages and price increases in the market. This pandemic has also led to reduced demand for zinc chemicals in some industries. For example, the pandemic has hit the automotive industry hard, which has led to a decline in demand for zinc chemicals used in tires and batteries. After the post-pandemic situation despite these challenges, the zinc chemical market is expected to recover in the coming years. The growth of the paints and coatings industry, the increasing demand for zinc chemicals in other applications, and the rising adoption of zinc chemicals in new technologies are all expected to drive the market. &nbs...

The Latin America, Middle East and Africa Zinc Acetate Market would witness market growth of 6.7% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 7,226.69 Tonnes, showcasing a growth of 7.2% (2023-2030). Zinc acetate is often used as

APAC Agriculture Grade Zinc Chemicals Market valued at USD 210 million, driven by zinc fertilizer demand, soil micronutrient awareness, and government support for sustainable agriculture.

Lead, zinc and tin producers’ performance is heavily influenced by commodity prices, which have seen significant levels of volatility in the past years, hampering sales and profit. The industry has also been rocked by supply chain disruptions caused by the pandemic, the Russia-Ukraine war and weak downstream demand from key markets like manufacturing and construction. Smaller producers have suffered the most, as many larger companies have vertically integrated supply chains, granting them greater resilience. Revenue is expected to contract by 1.5% over the five years through 2024-25 to reach £517.2 million, including a 1.2% hike in 2024-25, when profit will reach 3.4%. Revenue plummeted in 2020-21 because lead, zinc and tin prices nosedived following the COVID-19 outbreak. Construction companies, a major market for lead, zinc and tin, were hit hard by the pandemic, with sites coming to a standstill. However, pent-up demand and soaring lead and zinc prices owing to a constrained global supply supported revenue in 2022-23. Sales to manufacturing industries have since faltered due to high energy costs, forcing manufacturers to reduce output and supply constraints resulting from Russian sanctions. Lead, zinc and tin prices have mostly normalised in 2024-25, but remain high due to supply constraints. At the same time, battery and electric vehicle manufacturing has begun to pick up, supporting revenue. The industry's future looks much brighter, with metal demand likely to pick up in the coming years. Global metals prices will likely remain somewhat elevated, providing a temporary boost to revenue, before returning to more stable levels. The planned opening of a new tin mine in Cornwall could provide much-needed domestic access to raw tin, while the electric car market will continue to build momentum and command demand. Over the five years through 2029-30, lead, zinc and tin producers' revenue is forecast to increase at a compound annual rate of 1.8% to £566.5 million.

In Global Inorganic Zinc Rich Paint Market, Anti-Corrosion Properties and Lifespan Prediction Model for Inorganic Zinc-Rich Coating and Thermal-Spray Zinc Coating.

Georgia Zinc Sulphate Market is expected to grow during 2024-2030

The demand for energy transition related metals is expected to grow over the next three decades. For instance, demand for lithium is forecast to reach up to ************* metric tons by 2030, and up to ************* tons by 2050. Meanwhile, the global demand for zinc is estimated to range between *** and *** metric tons by 2030, and between *** and *** tons by 2050. Some of these metals are used in wind turbines or electric vehicles.

The size of the Zinc Chemicals Market was valued at USD 5 Billion in 2023 and is projected to reach USD 6.71 Billion by 2032, with an expected CAGR of 4.3% during the forecast period. Recent developments include: November 2021: One of the leading market players, Gelion Plc has been involved in the research and development of storage products, especially Zinc bromide batteries. These batteries are gaining momentum in recent times, as Zinc bromide gels are considered safer and last longer compared to other storage options. Zinc bromide gels are also cheaper compared to the lithium batteries that are dominant in the industry. Moreover, they are highly environmentally sustainable and significantly eliminate a large part of engineering works and temperature control elements to control fire hazards. , October 2021: Zinc Nacional which is a leading provider of Zinc compounds globally, has declared its plans regarding expanding its production capacity and aims to develop the existing facility in Mexico by building a French process whose capacity is 7000 tons per year. The company targets applications from the end-user industries like tire, rubber, lubricant, and chemical industries. . Potential restraints include: Unstable crude oil prices coupled with regulations pertaining to the use of plastic products 24. Notable trends are: Growing use in end use industry is driving the market growth.

The global zinc chemicals market size was USD 10.6 billion in 2024, and it will grow by 5.1% during 2025-2032, to reach USD 15.6 billion by 2032.

Zinc Alloy Market size was valued at USD 11.35 Billion in 2023 and is projected to reach USD 26.4 Billion by 2030, growing at a CAGR of 12.64% during the forecast period 2024-2030.

Zinc alloys are widely used in various industries due to their excellent combination of strength, durability, and corrosion resistance. They are commonly used in the automotive, construction, electronics, and telecommunications sectors. Zinc alloys offer advantages such as low melting point, easy casting, and the ability to be recycled, making them attractive for manufacturers. The global zinc alloy market has experienced steady growth over the years, driven by factors such as industrialization, urbanization, infrastructure development, and technological advancements. The demand for zinc alloys is closely tied to the growth of end-use industries, especially automotive and construction. The Global Zinc Alloy market report delivers a holistic evaluation. The report thoroughly analyzes key segments, trends, drivers, restraints, competitive landscape, and factors that play a substantial role in the market.

Advantageous Material Properties: When compared to certain other metals, zinc alloys provide an alluring blend of strength, resistance to corrosion, superior machinability, and affordability.

Zinc alloys are versatile and have applications in a wide range of industries, such as consumer products, electronics, automotive (die-cast components), and construction (hardware, doorknobs).

Growing Demand from the Automotive Industry: The usage of zinc alloys in automotive components is driven by the growing need for lightweight automobiles to increase fuel efficiency.

Emphasis on Sustainability: Because zinc is a recyclable and reasonably abundant metal, firms who are concerned about the environment are drawn to zinc alloys.

Technological developments: Zinc alloys are becoming more capable and perform better because to improvements in casting methods and alloy compositions.

In 2022, the market for agricultural micronutrients was estimated to be worth $5.12 billion. With a CAGR of 9.4% between 2023 and 2030, the Agricultural Micronutrients Market is expected to increase in value from USD 5.15 Billion in 2023 to USD 9.9 Billion by 2030. Market size, growth, share

Zinc Manganese Oxide Printed Battery Market was valued at USD 1.09 billion in 2024 and is expected to reach USD 1.86 billion by 2030 with a CAGR of 9.18%.