Introduction
Zinc oxide fume is a fine particulate form of zinc oxide used in rubber, ceramics, coatings, and daily chemical applications, valued for its UV resistance, antibacterial properties, and reinforcing capabilities. The zinc oxide fume industry is characterized by its role in enhancing material performance in tires, cosmetics, and industrial coatings. Key trends include the development of nano-scale zinc oxide for advanced applications, sustainable production processes, and increased use in catalysts for chemical synthesis. The market is driven by growth in the rubber and cosmetics industries, though it faces challenges from environmental regulations, raw material price fluctuations, and competition from alternative materials.Market Size and Growth Forecast
The global Zinc Oxide Fume market was valued at USD 1.1-1.7 billion in 2024, with an estimated CAGR of 4.5%-6.5% from 2025 to 2030, driven by rubber and cosmetics applications.Regional Analysis
- North America is projected to grow at a CAGR of 4.3%-6.3%, with the U.S. leading due to demand in rubber and cosmetics. Trends focus on nano-scale zinc oxide.
- Europe is expected to achieve a CAGR of 4.0%-6.0%, with Germany driving growth through industrial coatings and ceramics. The region emphasizes sustainable production.
- Asia Pacific is anticipated to record the highest growth at 5.0%-7.0%, led by China, where tire and cosmetics industries expand. Trends include capacity expansions.
- Rest of the World is expected to grow at a CAGR of 3.8%-5.8%, supported by industrial growth in Latin America.
Application Analysis
- Rubber applications are estimated to grow at a CAGR of 4.8%-6.8%, driven by tire manufacturing. Trends focus on nano-scale zinc oxide for enhanced reinforcement.
- Ceramics applications are projected to grow at a CAGR of 4.3%-6.3%, fueled by industrial uses. Innovations include high-purity formulations.
- Coatings applications are expected to grow at a CAGR of 4.5%-6.5%, supported by UV-resistant paints. Developments include eco-friendly coatings.
- Daily chemical applications are anticipated to grow at a CAGR of 4.0%-6.0%, driven by cosmetics. Trends focus on antibacterial properties.
- Catalyst applications are estimated to grow at a CAGR of 3.8%-5.8%, with trends toward chemical synthesis.
- Others, like electronics, are expected to grow at a CAGR of 3.5%-5.5%, with specialty material trends.
Key Market Players
EverZinc, based in Liège, Belgium, produces zinc oxide fume for rubber and cosmetics, specializing in nano-scale solutions.Hakusui Tech, headquartered in Osaka, Japan, supplies zinc oxide fume for ceramics and coatings, focusing on high-purity formulations.
Zochem, located in Brampton, Canada, manufactures zinc oxide fume for tire and industrial applications, known for large-scale production.
Shandong Xingya New Material, based in Shandong, China, offers zinc oxide fume for rubber and cosmetics, emphasizing cost-effective solutions.
Yuguang Gold & Lead, headquartered in Henan, China, produces zinc oxide fume for industrial applications, focusing on high-capacity production.
Porter’s Five Forces Analysis
- Threat of New Entrants: Moderate; high capital and regulatory barriers exist, but niche applications allow entry.
- Threat of Substitutes: Moderate; alternative materials like titanium dioxide compete, but zinc oxide’s properties maintain its edge.
- Buyer Power: Moderate; tire and cosmetics manufacturers negotiate, but specialized formulations limit leverage.
- Supplier Power: Low; raw materials are widely available.
- Competitive Rivalry: High; players differentiate through nano-scale and sustainable formulations.
Market Opportunities and Challenges
Opportunities
- Growing demand for high-performance tires in the automotive sector drives zinc oxide fume adoption.
- Expansion of cosmetics and UV-resistant coatings enhances market opportunities.
- Emerging markets in Asia Pacific, particularly China, offer growth potential due to large-scale production.
Challenges
- Stringent environmental regulations on zinc production increase compliance costs.
- Volatility in raw material prices impacts profitability.
- Competition from alternative materials challenges market share.
Growth Trend Analysis
The Zinc Oxide Fume market is growing steadily. In 2024, Shandong Xingya New Material maintained a capacity of 38,000 tons for zinc oxide fume, supporting tire and cosmetics applications. In 2024, Yuguang Gold & Lead operated a capacity of 10,000 tons, focusing on industrial uses. In 2024, Jiyuan Lutai Nanomaterials maintained a 10,000-ton capacity, targeting nano-scale applications. On October 15, 2024, Chongqing Dongqun commissioned a 10,000-ton zinc oxide fume project, with a second phase of 20,000 tons under construction. These align with a projected CAGR of 4.5%-6.5% through 2030.This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
Chapter 4 Market Landscape
Chapter 5 Market Trend Analysis
Chapter 6 Industry Chain Analysis
Chapter 7 Latest Market Dynamics
Chapter 8 Trading Analysis
Chapter 9 Historical and Forecast Zinc Oxide Fume Market in North America (2020-2030)
Chapter 10 Historical and Forecast Zinc Oxide Fume Market in South America (2020-2030)
Chapter 11 Historical and Forecast Zinc Oxide Fume Market in Asia & Pacific (2020-2030)
Chapter 12 Historical and Forecast Zinc Oxide Fume Market in Europe (2020-2030)
Chapter 13 Historical and Forecast Zinc Oxide Fume Market in MEA (2020-2030)
Chapter 14 Summary For Global Zinc Oxide Fume Market (2020-2025)
Chapter 15 Global Zinc Oxide Fume Market Forecast (2025-2030)
Chapter 16 Analysis of Global Key Vendors
Tables and Figures
Companies Mentioned
- BYK
- EverZinc
- Hakusui Tech
- Tata Chemicals
- Sakai Chemical
- Nanophase Technology
- GRILLO-Werke
- Zochem
- Shandong Xingya New Material
- Yuguang Gold & Lead
- Jiyuan Lutai Nanomaterials
- Chongqing Dongqun
- Shanxi Sino Academy Nano Material
- Lanzhou Yellow River Institute of Zinc
- Jiangxi YUAER
