[210 Pages Report] The global zinc carbonate market is expected to reach US$ 209.9 Mn in 2022. Sales are projected to surge at a CAGR of 3.8%, to reach US$ 305.5 Mn 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 |
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Zinc Carbonate Market Base Year Value (2021A) | US$ 203.5 Million |
Estimated Year Valuation (2022E) | US$ 209.9 Million |
Projected Year Market Size (2032F) | US$ 305.5 Million |
Value-based CAGR (2022-2032) | 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.
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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.
COVID-19 had a negative impact on the market in 2020. During COVID-19’s peak, when regional authorities imposed lockdowns and travel restrictions, all industrial activities were temporarily halted due to the obvious risk of a pandemic. As a result, the utilization of zinc carbonate, which is used to make pharmaceutical drugs, cosmetics, and other products, has decreased.
As the majority part of the world is moving towards the endemicity of the pandemic, industries are returning to their regular operations and operating in full capacities. The market, on the other hand, is expected to grow significantly due to increased demand from the end-use industries where zinc carbonate is used in auto parts, tires, industrial conveyor belts, sporting goods, fertilizers, medicines, and cosmetics & personal care products and so on.
“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 US$ 76.5 Mn 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 US$ 68.0 Mn during the forecast period.
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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 | US$ 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 |
The global zinc carbonate market is anticipated to reach a valuation of US$ 209.9 Mn 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 U.S., and India.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Innovation / Development Trends 4. Key Success Factors 4.1. Product Adoption / Usage Analysis 4.2. Product innovation & Diversification 4.3. Marketing and Brand management 4.4. Supply Chain Management 5. Global Zinc Carbonate Market Demand Analysis 2017-2021 and Forecast, 2022-2032 5.1. Historical Market Volume (Tons) Analysis, 2017-2021 5.2. Current and Future Market Volume (Tons) Projections, 2022-2032 5.3. Y-o-Y Growth Trend Analysis 6. Global Zinc Carbonate Market - Pricing Analysis 6.1. Regional Pricing Analysis 6.2. Pricing Analysis by Regions 7. Global Zinc Carbonate Market Demand (in Value or Size in US$ Mn) Analysis 2017-2021 and Forecast, 2022-2032 7.1. Historical Market Value (US$ Mn) Analysis, 2017-2021 7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Market Background 8.1. Macro-Economic Factors 8.2. Forecast Factors - Relevance & Impact 8.3. Supply-Demand Analysis 8.4. Value Chain 8.5. Market Dynamics 8.6. Impact of COVID – 19 Crisis 9. Global Zinc Carbonate Market Analysis 2017-2021 and Forecast 2022-2032, by Grade 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Mn) and Volume Analysis By Grade, 2017 - 2021 9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Grade, 2022 - 2032 9.3.1. Pharma & Food 9.3.2. Technical 9.4. Market Attractiveness Analyses, By Grade 10. Global Zinc Carbonate Market Analysis 2017-2021 and Forecast 2022-2032, By Application 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2017 - 2021 10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2022 - 2032 10.3.1. Pharmaceuticals 10.3.2. Cosmetics & Personal Care 10.3.3. Feed Additive 10.3.4. Rubber Production 10.3.5. Fertilizers 10.3.6. Oil & Gas 10.3.7. Chemicals 10.3.8. Others 10.4. Market Attractiveness Analysis By Application 11. Global Zinc Carbonate Market Analysis 2017-2021 and Forecast 2022-2032, by Region 11.1. Introduction 11.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2017 - 2021 11.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2022 - 2032 11.3.1. North America 11.3.2. Latin America 11.3.3. Europe 11.3.4. East Asia 11.3.5. South Asia & Pacific 11.3.6. Middle East & Africa 11.4. Market Attractiveness Analysis By Region 12. North America Zinc Carbonate Market Analysis 2017-2021 and Forecast 2022-2032 12.1. Introduction 12.2. Pricing Analysis 12.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017 - 2021 12.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2032 12.4.1. By Grade 12.4.2. By Application 12.4.3. By Country 12.4.3.1. U.S. 12.4.3.2. Canada 12.5. Market Attractiveness Analysis 12.5.1. By Grade 12.5.2. By Application 12.5.3. By Country 12.6. Market Trends 12.7. Drivers and Restraints Impact Analysis 13. Latin America Zinc Carbonate Market Analysis 2017-2021 and Forecast 2022-2032 13.1. Introduction 13.2. Pricing Analysis 13.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017 - 2021 13.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2032 13.4.1. By Grade 13.4.2. By Application 13.4.3. By Country 13.4.3.1. Brazil 13.4.3.2. Mexico 13.4.3.3. Rest of Latin America 13.5. Market Attractiveness Analysis 13.5.1. By Grade 13.5.2. By Application 13.5.3. By Country 13.6. Market Trends 13.7. Drivers and Restraints Impact Analysis 14. Europe Zinc Carbonate Market Analysis 2017-2021 and Forecast 2022-2032 14.1. Introduction 14.2. Pricing Analysis 14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017 - 2021 14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2032 14.4.1. By Grade 14.4.2. By Application 14.4.3. By Country 14.4.3.1. Germany 14.4.3.2. Italy 14.4.3.3. France 14.4.3.4. U.K. 14.4.3.5. Spain 14.4.3.6. BENELUX 14.4.3.7. Russia 14.4.3.8. Rest of Europe 14.5. Market Attractiveness Analysis 14.5.1. By Grade 14.5.2. By Application 14.5.3. By Country 14.6. Market Trends 14.7. Drivers and Restraints Impact Analysis 15. East Asia Zinc Carbonate Market Analysis 2017-2021 and Forecast 2022-2032 15.1. Introduction 15.2. Pricing Analysis 15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017 - 2021 15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2032 15.4.1. By Grade 15.4.2. By Application 15.4.3. By Country 15.4.3.1. China 15.4.3.2. Japan 15.4.3.3. South Korea 15.5. Market Attractiveness Analysis 15.5.1. By Grade 15.5.2. By Application 15.5.3. By Country 15.6. Market Trends 15.7. Drivers and Restraints Impact Analysis 16. South Asia & Pacific Zinc Carbonate Market Analysis 2017-2021 and Forecast 2022-2032 16.1. Introduction 16.2. Pricing Analysis 16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017 - 2021 16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2032 16.4.1. By Grade 16.4.2. By Application 16.4.3. By Country 16.4.3.1. India 16.4.3.2. ASEAN 16.4.3.3. ANZ 16.4.3.4. Rest of South Asia & Pacific 16.5. Market Attractiveness Analysis 16.5.1. By Grade 16.5.2. By Application 16.5.3. By Country 16.6. Market Trends 16.7. Drivers and Restraints Impact Analysis 17. Middle East and Africa Zinc Carbonate Market Analysis 2017-2021 and Forecast 2022-2032 17.1. Introduction 17.2. Pricing Analysis 17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017 - 2021 17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2032 17.4.1. By Grade 17.4.2. By Application 17.4.3. By Country 17.4.3.1. GCC Countries 17.4.3.2. Turkey 17.4.3.3. South Africa 17.4.3.4. Rest of Middle East and Africa 17.5. Market Attractiveness Analysis 17.5.1. By Grade 17.5.2. By Application 17.5.3. By Country 17.6. Market Trends 17.7. Drivers and Restraints Impact Analysis 18. Key and Emerging Countries Zinc Carbonate Market Analysis 18.1. U.S. Zinc Carbonate Market Analysis 18.1.1. By Grade 18.1.2. By Application 18.2. Canada Zinc Carbonate Market Analysis 18.2.1. By Grade 18.2.2. By Application 18.3. Mexico Zinc Carbonate Market Analysis 18.3.1. By Grade 18.3.2. By Application 18.4. Brazil Zinc Carbonate Market Analysis 18.4.1. By Grade 18.4.2. By Application 18.5. Germany Zinc Carbonate Market Analysis 18.5.1. By Grade 18.5.2. By Application 18.6. Italy Zinc Carbonate Market Analysis 18.6.1. By Grade 18.6.2. By Application 18.7. France Zinc Carbonate Market Analysis 18.7.1. By Grade 18.7.2. By Application 18.8. U.K. Zinc Carbonate Market Analysis 18.8.1. By Grade 18.8.2. By Application 18.9. Spain Zinc Carbonate Market Analysis 18.9.1. By Grade 18.9.2. By Application 18.10. Russia Zinc Carbonate Market Analysis 18.10.1. By Grade 18.10.2. By Application 18.11. BENELUX Zinc Carbonate Market Analysis 18.11.1. By Grade 18.11.2. By Application 18.12. China Zinc Carbonate Market Analysis 18.12.1. By Grade 18.12.2. By Application 18.13. Japan Zinc Carbonate Market Analysis 18.13.1. By Grade 18.13.2. By Application 18.14. S. Korea Zinc Carbonate Market Analysis 18.14.1. By Grade 18.14.2. By Application 18.15. India Zinc Carbonate Market Analysis 18.15.1. By Grade 18.15.2. By Application 18.16. ASEAN Zinc Carbonate Market Analysis 18.16.1. By Grade 18.16.2. By Application 18.17. GCC Countries Zinc Carbonate Market Analysis 18.17.1. By Grade 18.17.2. By Application 18.18. Turkey Zinc Carbonate Market Analysis 18.18.1. By Grade 18.18.2. By Application 18.19. South Africa Zinc Carbonate Market Analysis 18.19.1. By Grade 18.19.2. By Application 19. Market Structure Analysis 19.1. Market Analysis by Tier of Companies [Zinc Carbonate] 19.2. Market Concentration 19.3. Market Share Analysis of Top Players 19.4. Production Capacity Estimates of Top Players 19.5. Market Presence Analysis 20. Competition Analysis 20.1. Competition Dashboard 20.2. Primary Survey Analysis 20.3. Competition Deep Dive 20.3.1. Shepherd Chemical 20.3.1.1. Overview 20.3.1.2. Product Portfolio 20.3.1.3. Key Financials 20.3.1.4. Sales Footprint 20.3.1.5. Strategy Overview 20.3.2. TIB Chemicals 20.3.2.1. Overview 20.3.2.2. Product Portfolio 20.3.2.3. Key Financials 20.3.2.4. Sales Footprint 20.3.2.5. Strategy Overview 20.3.3. Seido Chemical Industry 20.3.3.1. Overview 20.3.3.2. Product Portfolio 20.3.3.3. Key Financials 20.3.3.4. Sales Footprint 20.3.3.5. Strategy Overview 20.3.4. Bruggemann Chemical 20.3.4.1. Overview 20.3.4.2. Product Portfolio 20.3.4.3. Key Financials 20.3.4.4. Sales Footprint 20.3.4.5. Strategy Overview 20.3.5. Rubamin 20.3.5.1. Overview 20.3.5.2. Product Portfolio 20.3.5.3. Key Financials 20.3.5.4. Sales Footprint 20.3.5.5. Strategy Overview 20.3.6. Yanggu Zhongtian Zinc Industrial 20.3.6.1. Overview 20.3.6.2. Product Portfolio 20.3.6.3. Key Financials 20.3.6.4. Sales Footprint 20.3.6.5. Strategy Overview 20.3.7. Transpek-Silox 20.3.7.1. Overview 20.3.7.2. Product Portfolio 20.3.7.3. Key Financials 20.3.7.4. Sales Footprint 20.3.7.5. Strategy Overview 20.3.8. Pan-Continental Chemical Co., Ltd 20.3.8.1. Overview 20.3.8.2. Product Portfolio 20.3.8.3. Key Financials 20.3.8.4. Sales Footprint 20.3.8.5. Strategy Overview 20.3.9. Strem Chemicals Inc. 20.3.9.1. Overview 20.3.9.2. Product Portfolio 20.3.9.3. Key Financials 20.3.9.4. Sales Footprint 20.3.9.5. Strategy Overview 20.3.10. Global Chemicals 20.3.10.1. Overview 20.3.10.2. Product Portfolio 20.3.10.3. Key Financials 20.3.10.4. Sales Footprint 20.3.10.5. Strategy Overview 20.3.11. Ava Chemicals 20.3.11.1. Overview 20.3.11.2. Product Portfolio 20.3.11.3. Key Financials 20.3.11.4. Sales Footprint 20.3.11.5. Strategy Overview 20.3.12. ABCR GmbH & CO. KG 20.3.12.1. Overview 20.3.12.2. Product Portfolio 20.3.12.3. Key Financials 20.3.12.4. Sales Footprint 20.3.12.5. Strategy Overview 20.3.13. S.K. CHEMICAL INDUSTRIES 20.3.13.1. Overview 20.3.13.2. Product Portfolio 20.3.13.3. Key Financials 20.3.13.4. Sales Footprint 20.3.13.5. Strategy Overview 20.3.14. KANSAI CATALYST Co., Ltd. 20.3.14.1. Overview 20.3.14.2. Product Portfolio 20.3.14.3. Key Financials 20.3.14.4. Sales Footprint 20.3.14.5. Strategy Overview 20.3.15. American Elements 20.3.15.1. Overview 20.3.15.2. Product Portfolio 20.3.15.3. Key Financials 20.3.15.4. Sales Footprint 20.3.15.5. Strategy Overview 21. Assumptions and Acronyms Used 22. Research Methodology
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