Global Zinc Oxide Market Size & Outlook

The zinc oxide industry worldwide is expected to reach a projected revenue of US$ 8,104.4 million by 2030. A compound annual growth rate of 6.9% is expected of the worldwide zinc oxide industry from 2022 to 2030.

Revenue, 2021 (US$M)
$4,434.5
Forecast, 2030 (US$M)
$8,104.4
CAGR, 2022 - 2030
6.9%
Report Coverage
Worldwide

Global zinc oxide market highlights

  • The global zinc oxide market generated a revenue of USD 4,434.5 million in 2021 and is expected to reach USD 8,104.4 million by 2030.
  • The market is expected to grow at a CAGR (2022 - 2030) of 6.9% by 2030.
  • In terms of segment, indirect accounted for a revenue of USD 3,663.6 million in 2021.
  • Wet Chemical is the most lucrative process segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2021.
  • Country-wise, Russia is expected to register the highest CAGR from 2022 to 2030.

Global data book summary

Market revenue in 2021USD 4,434.5 million
Market revenue in 2030USD 8,104.4 million
Growth rate6.9% (CAGR from 2021 to 2030)
Largest segmentIndirect
Fastest growing segmentWet Chemical
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationIndirect, Direct, Wet Chemical

Other key industry trends

  • In terms of revenue, the North America accounted for 16.2% of the global zinc oxide market in 2021.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Russia is the fastest growing regional market and is projected to reach USD 62.9 million by 2030.

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Zinc Oxide Market Companies

Name Profile # Employees HQ Website

Global zinc oxide market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to zinc oxide market will help companies and investors design strategic landscapes.


indirect was the largest segment with a revenue share of 82.62% in 2021. Horizon Databook has segmented the Global zinc oxide market based on indirect, direct, wet chemical covering the revenue growth of each sub-segment from 2017 to 2030.


  • Global Zinc Oxide Process Outlook (Revenue, USD Million, 2017-2030)
    • Indirect
    • Direct
    • Wet Chemical
    • Others
  • Global Zinc Oxide Application Outlook (Revenue, USD Million, 2017-2030)
    • Rubber
    • Ceramics
    • Chemicals
    • Cosmetics and Personal Care
    • Paints & Coatings
    • Pharmaceuticals
    • Agriculture
    • Others

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Target buyers of Global zinc oxide market databook

  • Our clientele includes a mix of zinc oxide market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global zinc oxide market , including forecasts for subscribers. This global databook contains high-level insights into Global zinc oxide market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Global zinc oxide market statistics, by regions, 2017-2030 (US$M)

Top 10 countries: Zinc oxide market size, 2021 (USD Million)

Top 10 countries: Zinc oxide market size, 2021 (USD Million)

Global zinc oxide market, by region, 2021 (US$M)

Global zinc oxide market statistics, by regions, 2017-2030 (US$M)

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