The global zinc carbonate market is expected to reach USD 209.9 Million in 2022. Sales are projected to surge at a CAGR of 3.8%, to reach USD 305.5 Million by 2032. Growing demand for zinc carbonate due to its usage in different applications such as pharmaceutical drugs and medicines, cosmetics and personal care products, raw material in rubber production, fertilizers, feed additives and synthesis of other chemicals such as zinc oxide is expected to drive the market.
| Attribute | Details |
|---|---|
| Zinc Carbonate Market Base Year Value (2021A) | USD 203.5 Million |
| Estimated Year Valuation (2022E) | USD 209.9 Million |
| Projected Year Market Size (2032F) | USD 305.5 Million |
| Value-based CAGR (2022 to 2032) | 3.8% |
| Collective Value Share: Top 3 Countries (2022E) | 46.5% |
The zinc carbonate market is projected to register year-on-year growth of 3.1% in 2022. According to Future Market Insights, total sales of zinc carbonate are expected to hold around 10-12% of the overall zinc chemicals market, which 7% share in the global zinc market.
The demand for zinc carbonate grew at a 1.1% CAGR between 2017 and 2021. The market is expected to expand during the forecast period due to its widespread use in a variety of applications.
As per the report, sales are projected to increase at a CAGR of 3.8% over the assessment period. ZnCO3, or zinc carbonate, is an inorganic compound. It is also known as smithsonite, calamine, and zinc spar. Zinc carbonate is a water-insoluble white crystalline solid or powder. It is available in various grades depending on its application, such as pharma & food and technical grade.
Surging Adoption of Zinc Carbonate Powder in India Will Propel Growth
Zinc carbonate is consumed in the production of fertilizers, further, these fertilizers are used to increase crop yields and fulfill the deficiency of zinc in plants & crops. In India, the agriculture industry is one of the leading & dominating end-use industries and supports the overall Indian economy. Growing demand for food with the rising population is one of the major factors, which is propelling the demand for fertilizers in order to increase the production yield.
Zinc fertilizer is a cost-effective, long-term solution to zinc deficiency in soils, crops, and humans, resulting in increased food and nutrition security, increased farmer income, and a significant reduction in death and disease caused by zinc deficiency.
Hence, owing to the increased demand for fertilizers to enhance the yields, sales of zinc carbonate in India are forecast to increase at a CAGR of 4.7% during the assessment period.
Expansion of the Rubber Sector in China Will Fuel Sales of Zinc Carbonate
East Asia is expected to maintain its dominance over the forecast period owing to the high demand from the end use industries. China is anticipated to lead the region in terms of production as well as consumption.
China is said to be a manufacturing hub. One of the major industries utilizing zinc carbonate is the rubber industry. These rubbers are heavily used in auto parts, gloves, shoes, sporting goods, and car tires. The rubber industry is one of the lucrative segments for zinc carbonate. It is added to improve natural rubber's translucency or transparency.
Zinc carbonate can be used with more vibrantly pigmented rubber because it acts as a curing agent, hastening the hardening of the surface of the rubber. It is also used as a flame-retardants material by intervening as a fireproofing filler in high-temperature rubbers.
The growth in industrial machinery and automobile sectors has resulted in high demand for rubbers. The China zinc carbonate market is expected to reach about USD 76.5 Million by end of the forecast period.
Demand for Zinc Carbonate Powder in the Pharmaceutical Sector Will Gain Traction
Zinc is one of the essential elements of the body and plays a vital role in the development of body parts. It has many uses in the medical field. Zinc carbonate is utilized to treat acne and eczema and to promote wound healing.
It has anti-inflammatory properties due to which it can be used to treat rheumatoid arthritis or psoriasis. Usually, due to its anti-inflammatory property, it is used in calamine lotions or powders, which are applied to the inflamed skin area.
Calamine lotion, which is composed of calamine (zinc oxide/carbonate), is widely used in dermatology where it works as a soothing agent. This lotion has antipruritic properties, which prevents itching. This lotion is listed in WHO’s essential list of medicines.
Zinc carbonate is used to remove toxic gases such as SO2 and HCN from the respiratory systems. For this purpose, nano-sized particles or powder form is used as powder form has more surface area, which means more interaction with these gases. Zinc carbonate is also used in dental treatment. It helps in reducing the hypersensitivity of teeth. Sales in the pharmaceuticals segment are expected to rise at a CAGR of 4.7% during the forecast period.
Incorporation of Zinc Carbonate in Personal Care Products Will Boost Sales
Growing cosmetics & personal care industry is expected to favor the growth in the zinc carbonate market, as it is one of the most used ingredients in cosmetics & personal care products. Due to its antiseptic and fungicide properties, the cosmetic industry is one of the most promising markets for the use of zinc carbonate.
It is found in a variety of products such as make-up, bath, personal hygiene, shaving, and skin and hair care. It is widely used in sunscreen creams as it improves transparency. On the other hand, it can be used in shampoo as an opacifier to give the liquid a cloudy appearance.
Usage of zinc carbonate in shampoo helps in removing dandruff flakes by the moisturizing scalp. According to a study, skincare & hair care products collectively hold around 60% of the total cosmetics market. The consumption of zinc carbonate is expected to surge in the forthcoming years. The cosmetics & personal care segment is expected to reach about USD 68.0 Million during the forecast period.
Key zinc carbonate manufacturers are concentrating their efforts on research and development to create tailored solutions for consumers. This strategy will enable manufacturers to reach a larger consumer base and capitalize on opportunities. Leading players are investing a significant portion of their revenues in product development in order to gain a competitive advantage in the market in the long run.
| Attribute | Details |
|---|---|
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | USD Million for Value and Tons for Volume |
| Key Countries Covered | The USA, Canada, Brazil, Mexico, Germany, Italy, France, the UK, Spain, BENELUX, Russia, China, Japan, South Korea, India, ASEAN, ANZ, GCC Countries, Turkey, South Africa, Northern Africa |
| Key Segments Covered | Grade, Application, and Region |
| Key Companies Profiled | Anron Chemicals Inc.; Global Chemicals; Shepherd Chemical; Seido Chemical Industry; Bruggemann Chemical; Rubamin; Yanggu Zhongtian Zinc Industrial; Transpek-Silox; Ava Chemicals; Pan-Continental Chemical Co., Ltd; Strem Chemicals Inc.; S.K. CHEMICAL INDUSTRIES; ABCR GmbH & CO. KG; TIB Chemicals; KANSAI CATALYST Co., Ltd. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Table 01: Global Zinc Carbonate Volume (Tons) and Value (US$ Mn) Forecast by Grade, 2017–2032
Table 02: Global Zinc Carbonate Volume (Tons) and Value (US$ Mn) Forecast by Application, 2017–2032
Table 03: Global Zinc Carbonate Market Size (US$ Mn) and Volume (Tons) Forecast by Region, 2017–2032
Table 04: North America Zinc Carbonate Market Size (US$ Mn) and Volume (Tons) Forecast by Country, 2017–2032
Table 05: North America Zinc Carbonate Volume (Tons) and Value (US$ Mn) Forecast by Grade, 2017–2032
Table 06: North America Zinc Carbonate Volume (Tons) and Value (US$ Mn) Forecast by Application, 2017–2032
Table 07: Latin America Zinc Carbonate Market Size (US$ Mn) and Volume (Tons) Forecast by Country, 2017–2032
Table 08: Latin America Zinc Carbonate Volume (Tons) and Value (US$ Mn) Forecast by Grade, 2017–2032
Table 09: Latin America Zinc Carbonate Volume (Tons) and Value (US$ Mn) Forecast by Application, 2017–2032
Table 10: Europe Zinc Carbonate Market Size (US$ Mn) and Volume (Tons) Forecast by Country, 2017–2032
Table 11: Europe Zinc Carbonate Volume (Tons) and Value (US$ Mn) Forecast by Grade, 2017–2032
Table 12: Europe Zinc Carbonate Volume (Tons) and Value (US$ Mn) Forecast by Application, 2017–2032
Table 13: East Asia Zinc Carbonate Market Size (US$ Mn) and Volume (Tons) Forecast by Country, 2017–2032
Table 14: East Asia Zinc Carbonate Volume (Tons) and Value (US$ Mn) Forecast by Grade, 2017–2032
Table 15: East Asia Zinc Carbonate Volume (Tons) and Value (US$ Mn) Forecast by Application, 2017–2032
Table 16: SAP Zinc Carbonate Market Size (US$ Mn) and Volume (Tons) Forecast by Country, 2017–2032
Table 17: SAP Zinc Carbonate Volume (Tons) and Value (US$ Mn) Forecast by Grade, 2017–2032
Table 18: SAP Zinc Carbonate Volume (Tons) and Value (US$ Mn) Forecast by Application, 2017–2032
Table 19: MEA Zinc Carbonate Market Size (US$ Mn) and Volume (Tons) Forecast by Country, 2017–2032
Table 20: MEA Zinc Carbonate Volume (Tons) and Value (US$ Mn) Forecast by Grade, 2017–2032
Table 21: MEA Zinc Carbonate Volume (Tons) and Value (US$ Mn) Forecast by Application, 2017–2032
Figure 01: Global Historical Market Volume (Tons) Analysis, 2017-2021
Figure 02: Global Current and Future Market Volume (Tons) Analysis, 2022-2032
Figure 03: Global Zinc Carbonate Historical Value (US$ Mn), 2017 – 2021
Figure 04:Global Zinc Carbonate Value (US$ Mn) Forecast, 2022 – 2032
Figure 05:Global Zinc Carbonate Market Value 2022-2032 and Y-O-Y (US$ Mn)
Figure 06: Global Zinc Carbonate Market Share and BPS Analysis by Grade, 2022 & 2032
Figure 07: Global Zinc Carbonate Market Y-o-Y Growth by Grade, 2022-2032
Figure 08: Global Zinc Carbonate Market Attractiveness Analysis Grade, 2022-2032
Figure 09: Global Zinc Carbonate Market Absolute $ Opportunity by Pharma & Food Grade Segment, 2017-2032
Figure 10: Global Zinc Carbonate Market Absolute $ Opportunity by Technical Grade Segment, 2017-2032
Figure 11: Global Zinc Carbonate Market Share and BPS Analysis by Application, 2022 & 2032
Figure 12: Global Zinc Carbonate Market Y-o-Y Growth by Application, 2022-2032
Figure 13: Global Zinc Carbonate Market Attractiveness Analysis Application, 2022-2032
Figure 14: Global Zinc Carbonate Market Absolute $ Opportunity by Pharmaceuticals Segment, 2017-2032
Figure 15: Global Zinc Carbonate Market Absolute $ Opportunity by Cosmetics & Personal Care Segment, 2017-2032
Figure 16: Global Zinc Carbonate Market Absolute $ Opportunity by Feed Additive Segment, 2017-2032
Figure 17: Global Zinc Carbonate Market Absolute $ Opportunity by Rubber Production Segment, 2017-2032
Figure 18: Global Zinc Carbonate Market Absolute $ Opportunity by Fertilizers Segment, 2017-2032
Figure 19: Global Zinc Carbonate Market Absolute $ Opportunity by Oil & Gas Segment, 2017-2032
Figure 20: Global Zinc Carbonate Market Absolute $ Opportunity by Chemicals Segment, 2017-2032
Figure 21: Global Zinc Carbonate Market Absolute $ Opportunity by Others Segment, 2017-2032
Figure 22: Global Zinc Carbonate Market Share and BPS Analysis by Region, 2022 & 2032
Figure 23: Global Zinc Carbonate Market Y-o-Y Growth by Region, 2022-2032
Figure 24: Global Zinc Carbonate Market Attractiveness Analysis Region, 2022-2032
Figure 25: Global Zinc Carbonate Market Absolute $ Opportunity by North America Segment, 2017-2032
Figure 26: Global Zinc Carbonate Market Absolute $ Opportunity by Latin America Segment, 2017-2032
Figure 27: Global Zinc Carbonate Market Absolute $ Opportunity by Europe Segment, 2017-2032
Figure 28: Global Zinc Carbonate Market Absolute $ Opportunity by East Asia Segment, 2017-2032
Figure 29: Global Zinc Carbonate Market Absolute $ Opportunity by South Asia Pacific Segment, 2017-2032
Figure 30: Global Zinc Carbonate Market Absolute $ Opportunity by MEA Segment, 2017-2032
Figure 31: North America Zinc Carbonate Market Share and BPS Analysis by Country, 2022 & 2032
Figure 32: North America Zinc Carbonate Market Y-o-Y Growth by Country, 2022-2032
Figure 33: North America Zinc Carbonate Market Attractiveness Analysis Country, 2022-2032
Figure 34: North America Zinc Carbonate Market Share and BPS Analysis by Grade, 2022 & 2032
Figure 35: North America Zinc Carbonate Market Y-o-Y Growth by Grade, 2022-2032
Figure 36: North America Zinc Carbonate Market Attractiveness Analysis Grade, 2022-2032
Figure 37: North America Zinc Carbonate Market Share and BPS Analysis by Application, 2022 & 2032
Figure 38: North America Zinc Carbonate Market Y-o-Y Growth by Application, 2022-2032
Figure 39: North America Zinc Carbonate Market Attractiveness Analysis Application, 2022-2032
Figure 40: Latin America Zinc Carbonate Market Share and BPS Analysis by Country, 2022 & 2032
Figure 41: Latin America Zinc Carbonate Market Y-o-Y Growth by Country, 2022-2032
Figure 42: Latin America Zinc Carbonate Market Attractiveness Analysis Country, 2022-2032
Figure 43: Latin America Zinc Carbonate Market Share and BPS Analysis by Grade, 2022 & 2032
Figure 44: Latin America Zinc Carbonate Market Y-o-Y Growth by Grade, 2022-2032
Figure 45: Latin America Zinc Carbonate Market Attractiveness Analysis Grade, 2022-2032
Figure 46: Latin America Zinc Carbonate Market Share and BPS Analysis by Application, 2022 & 2032
Figure 47: Latin America Zinc Carbonate Market Y-o-Y Growth by Application, 2022-2032
Figure 48: Latin America Zinc Carbonate Market Attractiveness Analysis Application, 2022-2032
Figure 49: Europe Zinc Carbonate Market Share and BPS Analysis by Country, 2022 & 2032
Figure 50: Europe Zinc Carbonate Market Y-o-Y Growth by Country, 2022-2032
Figure 51: Europe Zinc Carbonate Market Attractiveness Analysis Country, 2022-2032
Figure 52: Europe Zinc Carbonate Market Share and BPS Analysis by Grade, 2022 & 2032
Figure 53: Europe Zinc Carbonate Market Y-o-Y Growth by Grade, 2022-2032
Figure 54: Europe Zinc Carbonate Market Attractiveness Analysis Grade, 2022-2032
Figure 55: Europe Zinc Carbonate Market Share and BPS Analysis by Application, 2022 & 2032
Figure 56: Europe Zinc Carbonate Market Y-o-Y Growth by Application, 2022-2032
Figure 57: Europe Zinc Carbonate Market Attractiveness Analysis Application, 2022-2032
Figure 58: East Asia Zinc Carbonate Market Share and BPS Analysis by Country, 2022 & 2032
Figure 59: East Asia Zinc Carbonate Market Y-o-Y Growth by Country, 2022-2032
Figure 60: East Asia Zinc Carbonate Market Attractiveness Analysis Country, 2022-2032
Figure 61: East Asia Zinc Carbonate Market Share and BPS Analysis by Grade, 2022 & 2032
Figure 62: East Asia Zinc Carbonate Market Y-o-Y Growth by Grade, 2022-2032
Figure 63: East Asia Zinc Carbonate Market Attractiveness Analysis Grade, 2022-2032
Figure 64: East Asia Zinc Carbonate Market Share and BPS Analysis by Application, 2022 & 2032
Figure 65: East Asia Zinc Carbonate Market Y-o-Y Growth by Application, 2022-2032
Figure 66: East Asia Zinc Carbonate Market Attractiveness Analysis Application, 2022-2032
Figure 67: SAP Zinc Carbonate Market Share and BPS Analysis by Country, 2022 & 2032
Figure 68: SAP Zinc Carbonate Market Y-o-Y Growth by Country, 2022-2032
Figure 69: SAP Zinc Carbonate Market Attractiveness Analysis Country, 2022-2032
Figure 70: SAP Zinc Carbonate Market Share and BPS Analysis by Grade, 2022 & 2032
Figure 71: SAP Zinc Carbonate Market Y-o-Y Growth by Grade, 2022-2032
Figure 72: SAP Zinc Carbonate Market Attractiveness Analysis Grade, 2022-2032
Figure 73: SAP Zinc Carbonate Market Share and BPS Analysis by Application, 2022 & 2032
Figure 74: SAP Zinc Carbonate Market Y-o-Y Growth by Application, 2022-2032
Figure 75: SAP Zinc Carbonate Market Attractiveness Analysis Application, 2022-2032
Figure 76: MEA Zinc Carbonate Market Share and BPS Analysis by Country, 2022 & 2032
Figure 77: MEA Zinc Carbonate Market Y-o-Y Growth by Country, 2022-2032
Figure 78: MEA Zinc Carbonate Market Attractiveness Analysis Country, 2022-2032
Figure 79: MEA Zinc Carbonate Market Share and BPS Analysis by Grade, 2022 & 2032
Figure 80: MEA Zinc Carbonate Market Y-o-Y Growth by Grade, 2022-2032
Figure 81: MEA Zinc Carbonate Market Attractiveness Analysis Grade, 2022-2032
Figure 82: MEA Zinc Carbonate Market Share and BPS Analysis by Application, 2022 & 2032
Figure 83: MEA Zinc Carbonate Market Y-o-Y Growth by Application, 2022-2032
Figure 84: MEA Zinc Carbonate Market Attractiveness Analysis Application, 2022-2032
The global zinc carbonate market is anticipated to reach a valuation of USD 209.9 Million in 2022.
The global zinc carbonate market is anticipated to witness a growth at a 3.8% over the forecast period of 2022 and 2032.
The global zinc carbonate market witnessed growth at a 1.1% CAGR between 2017 and 2021.
Key market participants of the zinc carbonate market elaborated in the report include Global Chemicals, Shepherd Chemical, Seido Chemical Industry, Bruggemann Chemical, Rubamin, Transpek-Silox, Yanggu Zhongtian Zinc Industrial, Ava Chemicals, Pan-Continental Chemical Co., Ltd, Strem Chemicals Inc., TIB Chemicals, Anron Chemicals Inc. and others.
Key players in the global zinc carbonate market are expected to hold around 55-60% of the global market.
The top countries driving the global zinc carbonate demand are China, the USA, and India.
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