The global zinc chemicals market attained approximately USD 10.48 Billion in 2024. The market is further expected to grow at a CAGR of 5.10% in the forecast period of 2025-2034, to attain D 17.23 Billion by 2034.
The Asia Pacific Region is Projected to Hold a Significant Share in the Global Market of Zinc Chemicals
The Asia Pacific region is expected to account for a significant share in the global market for zinc chemicals due to the rising disposable income of the growing population, along with the rising usages of products in rubber processing, agriculture, paints, and coating industry, among others. The growing demand for zinc sulphate as fertilisers for preventing deficiency in crops, mostly from Asia Pacific's agriculture-driven countries, is fueling the market expansion. In addition to this, the low cost of chemical fertiliser and its widespread availability are some of the additional factors propelling the growth of the regional market. Further, due to the rising agrochemical sector and economic expansion in China and India, the demand for zinc chemicals is likely to rise. As a result, all these market trends are likely to fuel demand for zinc chemicals in the region over the forecast period.
Further, due to the flourishing automobile sector, the robust demand for zinc chemicals to be used in belts, radial tyres, paints, and coatings is positively impacting the growth of the market. Apart from this, the market growth is likely to benefit from the emerging research and technological advancements in zinc nanoparticles used for cancer diagnosis, imaging, and treatment, which offer significant prospects for the zinc chemicals industry in the following years.
The Asia Pacific Region is Projected to Hold a Significant Share in the Global Market of Zinc Chemicals
The Asia Pacific region is expected to account for a significant share in the global market for zinc chemicals due to the rising disposable income of the growing population, along with the rising usages of products in rubber processing, agriculture, paints, and coating industry, among others. The growing demand for zinc sulphate as fertilisers for preventing deficiency in crops, mostly from Asia Pacific's agriculture-driven countries, is fueling the market expansion. In addition to this, the low cost of chemical fertiliser and its widespread availability are some of the additional factors propelling the growth of the regional market. Further, due to the rising agrochemical sector and economic expansion in China and India, the demand for zinc chemicals is likely to rise. As a result, all these market trends are likely to fuel demand for zinc chemicals in the region over the forecast period.
Zinc Chemicals: Market Segmentation
Zinc chemicals are referred to the inorganic compounds that are used in many different applications, such as rubber processing, pharmaceuticals, paints and coatings, among others. Zinc oxides are employed as vulcanisation agents in the production of rubber, which is heavily utilised by the automobile industry due to its widespread use in belts, radial tyres, and bias tyres, among others.Based on type, the market can be segmented into:
- Zinc Oxide
- Zinc Sulphate
- Zinc Carbonate
- Zinc Chloride
- Others
On the basis of end user industry, the market can be classified into:
- Agriculture
- Chemicals and Petrochemicals
- Ceramic
- Pharmaceutical
- Paints and Coatings
- Rubber Processing
- Others
The report looks into the regional markets of zinc chemicals like:
- North America
- Latin America
- Asia Pacific
- Europe
- Middle East and Africa
Increasing Demand from End Use Industries is Augmenting the Market Growth of Zinc Chemicals
The growth of the market is being driven by the increasing product demand in the agriculture, personal care, and pharmaceutical sectors for the production of textiles, paints and coatings, among others. The widespread usage of zinc and its compounds for a variety of industrial and home items is boosting the zinc chemicals industry. In addition, rapid urbanisation and robust industrial development are some of the factors boosting the building and construction activities, particularly in emerging economies. As a result, the demand for zinc derivatives to be used in paints and varnishes is catalysing the market growth.Further, due to the flourishing automobile sector, the robust demand for zinc chemicals to be used in belts, radial tyres, paints, and coatings is positively impacting the growth of the market. Apart from this, the market growth is likely to benefit from the emerging research and technological advancements in zinc nanoparticles used for cancer diagnosis, imaging, and treatment, which offer significant prospects for the zinc chemicals industry in the following years.
Key Industry Players in the Global Zinc Chemicals Market
The report gives a detailed analysis of the following key players in the global zinc chemicals market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- Akrochem Corporation
- Everzinc Group SA
- American Chemet Corporation
- Pan-Continental Chemical Co., Ltd.
- TIB Chemicals AG
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Zinc Chemicals Market Analysis
6 North America Zinc Chemicals Market Analysis
7 Europe Zinc Chemicals Market Analysis
8 Asia Pacific Zinc Chemicals Market Analysis
9 Latin America Zinc Chemicals Market Analysis
10 Middle East and Africa Zinc Chemicals Market Analysis
11 Market Dynamics
13 Competitive Landscape
Companies Mentioned
- Akrochem Corporation
- Everzinc Group SA
- American Chemet Corporation
- Pan-Continental Chemical Co., Ltd.
- TIB Chemicals AG
