Asia Pacific Zinc Oxide Market Size & Outlook, 2021-2030
Asia Pacific zinc oxide market, 2017-2030 (US$M)
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Asia Pacific zinc oxide market highlights
- The Asia Pacific zinc oxide market generated a revenue of USD 2,200.7 million in 2021.
- The market is expected to grow at a CAGR of 7.4% from 2022 to 2030.
- In terms of segment, indirect was the largest revenue generating process in 2021.
- Wet Chemical is the most lucrative process segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 2,200.7 million |
| Market revenue in 2030 | USD 4,178.3 million |
| Growth rate | 7.4% (CAGR from 2021 to 2030) |
| Largest segment | Indirect |
| Fastest growing segment | Wet Chemical |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Indirect, Direct, Wet Chemical |
| Key market players worldwide | Lanxess AG, Toho Zinc Co Ltd, Tata Chemicals, AG Chemi Group, EverZinc, Zinc Nacional, Hakusui Tech Co, Rubamin, TP Polymer Pvt Ltd, Upper India, Zinc Oxide (Aust), Zochem |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 49.6% of the global zinc oxide market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,178.3 million by 2030.
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Zinc Oxide Market Scope
Zinc Oxide Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 82.48% in 2021. Horizon Databook has segmented the Asia Pacific zinc oxide market based on indirect, direct, wet chemical covering the revenue growth of each sub-segment from 2017 to 2030.
The zinc oxide market in the Asia Pacific is anticipated to witness a prominent growth over the forecast period owing to the advancing automobile, pharmaceuticals, construction, and personal care & cosmetics industries in India, China, Japan, and South Korea.
According to Moody’s Corporation, an American financial service company, among the Asia Pacific countries, India witnessed the strongest growth of around 10% in the automotive sector and surpassed Japan to become the third-largest market in the world in 2022.
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Target buyers of Asia Pacific zinc oxide market databook
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Our clientele includes a mix of zinc oxide market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific zinc oxide market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific zinc oxide market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific zinc oxide market size, by country, 2017-2030 (US$M)
Asia Pacific Zinc Oxide Market Outlook Share, 2021 & 2030 (US$M)
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