Market Overview:
The global zinc oxide pigment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for zinc oxide pigments from various end-use industries, such as rubber, coating & painting, and pharmaceuticals. In addition, the growing demand for eco-friendly and non-toxic products is also contributing to the growth of this market. Based on type, the global zinc oxide pigment market can be segmented into powder and dust. The powder segment is expected to account for a larger share of this market than the dust segment during the forecast period. This can be attributed to its superior properties such as high purity and brightness compared with other types of zinc oxide pigments. Based on application,the global zinc oxide pigmentmarket can be divided into rubber, coating & painting, pharmaceuticals,,and others (including plastics).
Product Definition:
Zinc oxide pigment is a white powder that is insoluble in water and other liquids. It is used to make paints, plastics, and other products opaque or less transparent.
Powder:
Powder is a solid form of a pigment, which is made up of fine particles. It can be produced from various sources like natural materials such as coal, graphite and so on. The powder form has higher surface area compared to the liquid or paste forms. Powder pigments are used in paints & coatings industry for producing colorants that are further used in printing inks, cosmetics and textiles industries among others.
Dust:
Dust is a fine solid material that is generated during the production process of zinc oxide pigment. It accounts for approximately 5% of the total weight of zinc oxide pigment and has no significant chemical properties on its own. However, when mixed with other materials such as clay or oils it can have adverse effects on their properties.
The major sources of dust include grinding activities, mixing operations, coating drying operations and storage facilities among others.
Application Insights:
The rubber application segment led the global zinc oxide pigments market in 2017 and is projected to witness significant growth over the forecast period. The product is used as a vulcanizing agent for manufacturing tires. It also finds applications as an additive in rubber products, such as masterbatches, because of its superior performance enhancing capabilities.
Zinc oxide pigments are used in various types of paints & coatings including automotive, industrial and decorative coatings. They are utilized for imparting different colors to these formulations depending upon their intended use- either alone or along with other additives like titanium dioxide (for providing anti-corrosion protection) or iron oxides (to provide hardness). In addition, they act as a dispersing agent when mixed with oil-based paints and help reduce flocculation during drying processes thereby improving paint adhesion on substrates like metal surfaces compared to traditional binders that contain organic compounds.
Regional Analysis:
Asia Pacific was the largest market for zinc oxide pigment, accounting for a revenue share of over 45% in 2017. The region is expected to continue its dominance over the forecast period as well due to increasing industrial activities and rapid urbanization in emerging economies such as China and India. In addition, growing automotive industry is projected to drive product demand further.
The Asia Pacific was followed by Europe which accounted for a revenue share of 22% in 2017 owing to high consumption levels coupled with stringent regulations regarding vehicular emission norms across countries such as Germany, France and Italy among others are expected to have significant impact on industry growth. However, sluggish economic conditions observed across several European countries may hamper market growth during the forecast period.
Growth Factors:
- Increasing demand from end-use industries such as paints & coatings, plastics, and rubber
- Rising awareness about the benefits of zinc oxide pigment among consumers
- Growing investments by leading players in research and development activities to develop new products
- Expansion of global production capacities by key manufacturers
- Rising trend of using eco-friendly and sustainable products
Scope Of The Report
Report Attributes
Report Details
Report Title
Zinc Oxide Pigment Market Research Report
By Type
Powder, Dust
By Application
Rubber, Coating & Painting, Pharmaceutical, Others
By Companies
BASF, Hindustan Zinc, Hakusui Tech, Industrias Penoles, New Boliden, Korea Zinc, Teck, Pan-Continental Chemical, Glencore Xstrata
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Zinc Oxide Pigment Market Report Segments:
The global Zinc Oxide Pigment market is segmented on the basis of:
Types
Powder, Dust
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Rubber, Coating & Painting, Pharmaceutical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Hindustan Zinc
- Hakusui Tech
- Industrias Penoles
- New Boliden
- Korea Zinc
- Teck
- Pan-Continental Chemical
- Glencore Xstrata
Highlights of The Zinc Oxide Pigment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Dust
- By Application:
- Rubber
- Coating & Painting
- Pharmaceutical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Zinc Oxide Pigment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Zinc oxide is a mineral pigment that is used in paints, ink, and other products. It is a white or off-white powder that can be mixed with other ingredients to create colors. Zinc oxide has good resistance to fading and water damage, making it an ideal choice for products that will be exposed to sunlight or moisture.
Some of the key players operating in the zinc oxide pigment market are BASF, Hindustan Zinc, Hakusui Tech, Industrias Penoles, New Boliden, Korea Zinc, Teck, Pan-Continental Chemical, Glencore Xstrata.
The zinc oxide pigment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Zinc Oxide Pigment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Zinc Oxide Pigment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Zinc Oxide Pigment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Zinc Oxide Pigment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Zinc Oxide Pigment Market Size & Forecast, 2018-2028
4.5.1 Zinc Oxide Pigment Market Size and Y-o-Y Growth
4.5.2 Zinc Oxide Pigment Market Absolute $ Opportunity
Chapter 5 Global Zinc Oxide Pigment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Zinc Oxide Pigment Market Size Forecast by Type
5.2.1 Powder
5.2.2 Dust
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Zinc Oxide Pigment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Zinc Oxide Pigment Market Size Forecast by Applications
6.2.1 Rubber
6.2.2 Coating & Painting
6.2.3 Pharmaceutical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Zinc Oxide Pigment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Zinc Oxide Pigment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Zinc Oxide Pigment Analysis and Forecast
9.1 Introduction
9.2 North America Zinc Oxide Pigment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Zinc Oxide Pigment Market Size Forecast by Type
9.6.1 Powder
9.6.2 Dust
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Zinc Oxide Pigment Market Size Forecast by Applications
9.10.1 Rubber
9.10.2 Coating & Painting
9.10.3 Pharmaceutical
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Zinc Oxide Pigment Analysis and Forecast
10.1 Introduction
10.2 Europe Zinc Oxide Pigment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Zinc Oxide Pigment Market Size Forecast by Type
10.6.1 Powder
10.6.2 Dust
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Zinc Oxide Pigment Market Size Forecast by Applications
10.10.1 Rubber
10.10.2 Coating & Painting
10.10.3 Pharmaceutical
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Zinc Oxide Pigment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Zinc Oxide Pigment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Zinc Oxide Pigment Market Size Forecast by Type
11.6.1 Powder
11.6.2 Dust
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Zinc Oxide Pigment Market Size Forecast by Applications
11.10.1 Rubber
11.10.2 Coating & Painting
11.10.3 Pharmaceutical
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Zinc Oxide Pigment Analysis and Forecast
12.1 Introduction
12.2 Latin America Zinc Oxide Pigment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Zinc Oxide Pigment Market Size Forecast by Type
12.6.1 Powder
12.6.2 Dust
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Zinc Oxide Pigment Market Size Forecast by Applications
12.10.1 Rubber
12.10.2 Coating & Painting
12.10.3 Pharmaceutical
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Zinc Oxide Pigment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Zinc Oxide Pigment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Zinc Oxide Pigment Market Size Forecast by Type
13.6.1 Powder
13.6.2 Dust
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Zinc Oxide Pigment Market Size Forecast by Applications
13.10.1 Rubber
13.10.2 Coating & Painting
13.10.3 Pharmaceutical
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Zinc Oxide Pigment Market: Competitive Dashboard
14.2 Global Zinc Oxide Pigment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Hindustan Zinc
14.3.3 Hakusui Tech
14.3.4 Industrias Penoles
14.3.5 New Boliden
14.3.6 Korea Zinc
14.3.7 Teck
14.3.8 Pan-Continental Chemical
14.3.9 Glencore Xstrata
