North America Zinc Oxide Market Size & Outlook, 2021-2030
North America zinc oxide market, 2017-2030 (US$M)
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North America zinc oxide market highlights
- The North America zinc oxide market generated a revenue of USD 719.6 million in 2021.
- The market is expected to grow at a CAGR of 7.2% 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, Mexico is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 719.6 million |
| Market revenue in 2030 | USD 1,343.8 million |
| Growth rate | 7.2% (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, North America region accounted for 16.2% 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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North America 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 82.93% in 2021. Horizon Databook has segmented the North America zinc oxide market based on indirect, direct, wet chemical covering the revenue growth of each sub-segment from 2017 to 2030.
Zinc oxide offers light stabilization, pigmentation, latex gelation, and vulcanization of rubber, which makes it ideal for use in the rubber industry. The rubber is further used to make tires for automobiles thus, making the automotive industry a major end-use application.
The growing automotive, tires, and pharmaceutical industries in the U.S., Canada, and Mexico are anticipated to drive the zinc oxide market over the forecast period.
According to the International Trade Administration, the U.S. has one of the largest automotive markets worldwide and the second-largest vehicle production and sales.
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Target buyers of North America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America zinc oxide market , including forecasts for subscribers. This continent databook contains high-level insights into North America zinc oxide market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America zinc oxide market size, by country, 2017-2030 (US$M)
North America Zinc Oxide Market Outlook Share, 2021 & 2030 (US$M)
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