Report Description

Forecast Period


Market Size (2023)

USD 387.34 million

CAGR (2024-2029)


Fastest Growing Segment

Indirect Process

Largest Market

West India

Market Overview

India Zinc Oxide Market has reached USD 387.34 million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 4.33% through 2029. Zinc oxide, an odorless white powder with a chemical formula of ZnO, exhibits insolubility in water. It is extensively used in various materials and goods, ranging from cosmetics and dietary supplements to rubber, plastics, ceramics, cement, lubricants, pigments, meals, batteries, ferrites, fire retardants, and first-aid tapes. Whether it's enhancing the properties of cosmetics or acting as a vital ingredient in the production of rubber tires for the automotive industry, ZnO plays a crucial role. While zinc oxide can be naturally found as the mineral zincite, the majority of it is synthetically manufactured. It is worth noting that ZnO is utilized in wide-band gap semiconductors, contributing to their exceptional characteristics. In its natural state, the semiconductor can undergo n-type doping due to oxygen vacancies or zinc interstitials. With strong room-temperature luminescence, high electron mobility, wide band gap, and remarkable transparency, ZnO demonstrates its versatility and utility.

The growth of the India Zinc Oxide market can be attributed to its extensive use in rubber during the vulcanization process, a key component in the production of automotive tires. Furthermore, the ceramic industry, particularly the tile sector, extensively relies on zinc oxide. Both the French (indirect) and American (direct) processes find suitability in these applications. In ceramics, ZnO helps lower the melting temperature, thereby reducing energy requirements and equipment demands. Glass and ceramics have long been utilized for manufacturing structural components in construction projects. To further enhance the performance of construction materials, there has been a growing trend in the use of nanomaterials. By continuously exploring the applications and properties of zinc oxide, we unlock its potential to revolutionize various industries and contribute to technological advancements.


Key Market Drivers

Increasing Demand of Zinc Oxide from Agriculture Industry

Zinc oxide, a versatile compound with numerous applications, is witnessing a significant increase in demand from the agriculture industry in India. As the agricultural sector strives to enhance crop productivity and protect plants from pests and diseases, the use of zinc oxide as a key ingredient in fertilizers and animal feed supplements has gained prominence. This surge in demand from the agriculture industry is driving the growth of the zinc oxide market in India.

One of the main reasons for this rising demand is the recognition of zinc as an essential micronutrient for plants. Zinc plays a crucial role in various physiological processes and its deficiency in soils can lead to reduced crop yields and poor plant health. To address this issue, zinc oxide is utilized in the production of zinc fertilizers. These fertilizers are formulated to provide crops with a readily available source of zinc, ensuring optimal growth, development, and yield. The agriculture industry in India acknowledges the importance of zinc fertilizers in improving soil fertility and is increasingly adopting them to overcome zinc deficiencies in agricultural lands.

By incorporating zinc oxide into fertilizers, farmers can ensure that their crops receive the necessary micronutrients for healthy growth and higher yields. This not only benefits the farmers by improving the quality and quantity of their produce but also contributes to the overall food security and economic growth of the country. Furthermore, zinc plays a vital role in the nutrition and overall health of livestock. It is involved in immune function, reproduction, and growth. Zinc oxide is commonly used as a supplement in animal feed to fulfill the zinc requirements of livestock, including poultry, swine, and cattle. The agriculture industry in India, with its focus on animal husbandry and dairy farming, is witnessing a growing demand for zinc oxide-based feed supplements. These supplements ensure the well-being and productivity of animals, contributing to the overall growth and profitability of the livestock sector.

The increasing demand for zinc oxide from the agriculture industry can be attributed to the growing awareness among farmers and agricultural professionals about the benefits of zinc in crop production and animal nutrition. Government initiatives, educational programs, and agricultural extension services have played a significant role in disseminating knowledge about the importance of zinc and promoting its use. This heightened awareness has led to a higher adoption of zinc oxide-based products in farming practices across India.

Moreover, the Indian government's focus on improving agricultural productivity and addressing nutrient deficiencies has also contributed to the increasing demand for zinc oxide in the agriculture industry. Various policies and schemes have been introduced to encourage the use of micronutrient-rich fertilizers and supplements, including those containing zinc. These initiatives aim to enhance soil health, increase crop yields, and ensure sustainable agricultural practices. The supportive policy environment has created a favorable market for zinc oxide in India's agriculture sector, driving further growth and development in the industry. In conclusion, the growing demand for zinc oxide in the agriculture industry in India can be attributed to its role in improving crop productivity, addressing nutrient deficiencies, and promoting the overall health and well-being of plants and animals. With increasing awareness, government support, and favorable market conditions, the use of zinc oxide-based products is expected to continue to rise, contributing to the advancement of sustainable and efficient farming practices in the country.

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Growing Demand for of Zinc Oxide from Pharmaceutical Industry

Zinc oxide, a versatile compound with various applications, is experiencing a surge in demand from the pharmaceutical industry in India. As the pharmaceutical sector expands to meet the growing healthcare needs of the population, zinc oxide has gained significant importance due to its numerous beneficial properties. This increasing demand from the pharmaceutical industry is acting as a major driver for the growth of the zinc oxide market in India.

Zinc oxide possesses inherent medicinal properties that make it a valuable ingredient in pharmaceutical formulations. It is known for its antibacterial, anti-inflammatory, and wound healing properties. These characteristics make zinc oxide an essential component in the production of topical ointments, creams, and lotions used for treating skin conditions such as wounds, burns, rashes, and acne. The pharmaceutical industry recognizes the therapeutic benefits of zinc oxide, leading to an increased demand for its inclusion in various medical products.

Moreover, zinc oxide is widely used in the manufacturing of sunscreens and skincare products due to its ability to provide effective protection against harmful ultraviolet (UV) rays. It acts as a physical sunscreen agent by reflecting and scattering UV radiation, thus preventing skin damage, and reducing the risk of skin cancer. As awareness about the importance of sun protection increases, the demand for zinc oxide-based sunscreens and skincare products rises. The pharmaceutical industry in India is witnessing a growing demand for these products, contributing to the overall demand for zinc oxide.

Furthermore, the antifungal and antiviral properties of zinc oxide make it a valuable component in the production of pharmaceutical formulations used to combat fungal and viral infections. Zinc oxide exhibits inhibitory effects against various pathogens, including fungi and certain types of viruses. It is utilized in the production of antifungal creams, lotions, and powders, as well as antiviral medications. The rising incidence of fungal and viral infections in India has led to an increased demand for pharmaceutical products containing zinc oxide.

The Indian pharmaceutical industry has experienced significant growth in recent years, driven by factors such as increasing population, rising healthcare awareness, and government initiatives to promote affordable healthcare. This growth has created a higher demand for pharmaceutical products, including those containing zinc oxide. India's pharmaceutical industry is recognized globally for its production capabilities and high-quality medications. As the industry continues to expand, the demand for zinc oxide from pharmaceutical manufacturers in India is expected to further increase, contributing to the overall growth of the market.

Growing Demand of Zinc Oxide in Ceramics and Glass Industry

Zinc oxide, with its remarkable opacifying and whitening properties, holds a significant position in the ceramics industry. It not only imparts opacity and brightness to ceramic products, elevating their aesthetic appeal, but also meets the rising demand for high-quality and visually captivating ceramics in India. This demand surge is fueled by multiple factors such as rapid urbanization, infrastructure development, and the ever-evolving interior design trends. As manufacturers strive to produce ceramics with superior whiteness and opacity, the demand for zinc oxide continues to rise.

Moreover, zinc oxide plays a vital role in the production of various types of glass, especially flat glass and specialty glass utilized in diverse applications. Its incorporation enhances the durability, strength, and refractive properties of glass products, making them more versatile and reliable. The Indian glass industry, experiencing remarkable growth propelled by the expanding construction and automotive sectors, witnesses an increased need for zinc oxide. As the demand for glass products like windows, doors, automotive windshields, and solar panels surges, the importance of zinc oxide as a critical component in their manufacturing process becomes evident.

The construction and infrastructure sectors contribute significantly to the demand for ceramics and glass products in India. With rapid urbanization and infrastructure development projects taking place across the country, the requirement for ceramic tiles, sanitaryware, glass facades, and other construction materials sees a substantial increase. Zinc oxide, with its ability to enhance the properties of these products including strength, durability, and aesthetic appeal, becomes indispensable. The booming construction sector, driven by government initiatives and private investments, continues to fuel the demand for zinc oxide from the ceramics and glass industry.

Furthermore, the automotive industry emerges as another key driver of the zinc oxide market in India. Zinc oxide finds its application in the production of automotive glass, particularly windshields and windows, due to its ability to enhance strength and visibility. With the Indian automotive sector witnessing technological advancements, increasing vehicle production, and growing consumer demand for safety and comfort features, the demand for high-quality glass components in automobiles surges.

This, in turn, drives the need for zinc oxide as a crucial ingredient in automotive glass manufacturing. In conclusion, zinc oxide plays a multifaceted role in the ceramics, glass, and automotive industries in India. Its exceptional characteristics elevate the quality, durability, and aesthetic appeal of ceramic and glass products, meeting the ever-growing demand in various sectors including construction, infrastructure, and automotive. As these industries continue to thrive, the importance of zinc oxide as a fundamental component only grows stronger.

Key Market Challenges

Volatility in Prices and Availability of Raw Materials

The zinc oxide market in India is facing a significant challenge due to the volatility in prices and availability of raw materials, which has triggered a ripple effect throughout the industry. This issue not only impacts manufacturers but also affects consumers who rely on zinc oxide in various industries. Zinc oxide, an essential component in sectors such as rubber, ceramics, paints, cosmetics, and pharmaceuticals, offers a wide range of properties, including UV protection, antimicrobial activity, and electrical conductivity. Despite its versatility, the market's growth is hindered by the unstable prices and limited availability of raw materials.

One of the key factors contributing to the price volatility is the intricate web of global market dynamics. Fluctuations in demand and supply, geopolitical tensions, and changing trade policies can result in sudden price spikes or declines. Given the highly susceptible nature of the zinc oxide market to these fluctuations, businesses find it challenging to plan their operations effectively. Furthermore, the availability of raw materials poses a significant concern. Zinc, the primary raw material used in zinc oxide production, is extracted from zincite ores.

However, the lack of availability of zincite ores has created a scarcity of raw materials, further exacerbating the problem. This scarcity not only affects pricing but also disrupts the supply chain, leading to delays in production and delivery. Adding to the complexity is India's heavy dependence on imported raw materials to meet its zinc oxide requirements. This reliance makes the country vulnerable to international market dynamics. Any disruptions in the global zinc supply chain, such as trade disputes or logistical issues, can significantly impact the availability and cost of raw materials in India. The consequences of the volatility in prices and availability of raw materials are felt throughout the entire value chain. Manufacturers face the perpetual dilemma of balancing their production costs with market demands, often resulting in reduced profit margins. Moreover, the uncertainty in pricing makes it challenging for businesses to establish long-term contracts or supply agreements with their customers.

On the consumer side, the fluctuating prices of zinc oxide can lead to increased costs for end products. Industries reliant on zinc oxide, such as cosmetics and pharmaceuticals, may need to absorb these price fluctuations. This, in turn, could not only affect their competitiveness in the market but also potentially impact consumer affordability. In summary, the zinc oxide market in India is grappling with the challenges of price volatility and limited availability of raw materials. The complex dynamics of the global market, scarcity of zincite ores, and heavy dependence on imports further compound the issue. As a result, both manufacturers and consumers bear the consequences, making it crucial for stakeholders in the industry to find sustainable solutions to address these challenges.

Key Market Trends

Shift towards Sustainable Manufacturing

In recent years, the India zinc oxide market has witnessed a significant shift towards sustainable manufacturing practices. This trend is driven by the growing emphasis on environmental consciousness, regulatory requirements, and the increasing demand for eco-friendly solutions in various industries. The adoption of sustainable manufacturing practices is not only beneficial for the environment but also offers several advantages for businesses. By embracing sustainable methods, manufacturers can reduce their carbon footprint, minimize waste generation, and conserve energy resources. This not only helps in preserving the environment but also contributes to cost savings and enhances brand reputation.

One of the key drivers of this shift is the rising awareness of the environmental impact of traditional manufacturing processes. Zinc oxide, a critical component in various industries such as rubber, ceramics, paints, cosmetics, and pharmaceuticals, has typically been produced using conventional methods that emit harmful pollutants and consume significant energy resources. However, the shift towards sustainable manufacturing aims to minimize the negative environmental footprint by adopting cleaner and greener production techniques.

Furthermore, environmental concerns and regulations play a vital role in driving this trend. Government bodies and international organizations are increasingly implementing stringent regulations to reduce carbon emissions, limit waste generation, and promote sustainable practices. As a result, manufacturers in the zinc oxide industry are compelled to improve their sustainability credentials to comply with these regulations and maintain their market position. In addition to environmental benefits and regulatory compliance, the adoption of sustainable manufacturing practices also brings opportunities for innovation and market differentiation.

By investing in research and development of sustainable technologies, manufacturers can stay ahead of the curve and offer eco-friendly solutions that meet the evolving needs of customers. Overall, the shift towards sustainable manufacturing practices in the India zinc oxide market is a positive development that not only addresses environmental concerns but also offers long-term benefits for businesses, consumers, and the society as a whole.

Segmental Insights

Process Insights

Based on the category of process, the indirect process segment emerged as the dominant player in the Indian market for Zinc Oxide in 2022. This is attributable to its properties as it is considered the fastest and most productive method of production. The quality of ZnO manufactured depends upon the type of zinc used in the process.

For example, special high-grade with 99.99% zinc concentration is used for the production of gold seals or pharmaceutical grade, whereas ordinary with 99.95% concentration is adequate to produce zinc for the rubber industry. The maximum yield of ZnO from 1 ton of special high-grade zinc is 1.2 tons.

The direct or the American process is less preferred by industry players and involves the use of feedstock containing oxidized zinc-containing raw material. This process involves the initial production of zinc by reduction of zinc ore by heating with coal followed by oxidation of zinc in a similar way used in the indirect process. This process provides a less purified form of ZnO and the high-grade requirement of pharmaceutical applications is a major challenge for this process.

In addition, it's worth noting that the indirect process, which is the preferred method, ensures a higher purity level of ZnO due to the use of high-grade zinc. This purity is crucial for pharmaceutical applications where stringent quality standards are required. The indirect process also allows for greater control and precision in the production of ZnO, making it the preferred choice for industries that prioritize quality and efficiency.

Application Insights

The Rubber and Tires segment is projected to experience rapid growth during the forecast period. This is attributed to the significant growth of the tire industry, where a majority of the rubber produced is utilized for manufacturing automobile tires. Zinc oxide (ZnO) plays a crucial role in the vulcanization process of rubber, acting as a cross-linking or curing agent for halogen-containing elastomers such as polysulfides and neoprene. Its versatile applications in enhancing the durability and performance of rubber products make it an indispensable component in the tire manufacturing process.

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Regional Insights

West India emerged as the dominant player in the India Zinc Oxide Market in 2022, holding the largest market share in terms of both value and volume. West India, renowned for its vibrant landscape and rich resources, boasts numerous zinc mines that serve as the primary source for zinc oxide production. The strategic location of these mines brings a remarkable advantage, significantly reducing transportation costs and rendering zinc oxide manufacturing in West India more economically viable.

Moreover, West India prides itself on a vast pool of highly skilled labor, a vital asset for the production of zinc oxide. The availability of such skilled labor at a comparatively lower cost compared to other regions in India further enhances the competitive edge of West India in the zinc oxide industry. In addition to its skilled workforce, West India boasts a well-developed infrastructure that plays a pivotal role in the smooth transportation and distribution of zinc oxide across the nation.

With a comprehensive network of well-maintained roads, efficient ports, and reliable railways, West India ensures seamless delivery of zinc oxide to various regions within India and facilitates its export to international markets. The combination of abundant zinc mines, skilled labor, and a well-established infrastructure positions West India as a prominent hub for zinc oxide production, catering to both domestic demands and global markets.

Recent Developments

  • In the year 2022, Hindustan Zinc Limited (HZL), a prominent zinc producer, joined forces with the prestigious Indian Institute of Technology (IIT) Bombay, renowned for its expertise in scientific research and development. This groundbreaking collaboration was established with a shared vision to pave the way for the future of zinc oxide production. By harnessing their collective knowledge and resources, HZL and IIT Bombay aim to revolutionize the industry by creating innovative, cutting-edge technologies that not only enhance the efficiency of zinc oxide production but also prioritize environmental sustainability. Through their collaborative efforts, they strive to develop novel processes that minimize waste, reduce energy consumption, and mitigate the ecological footprint associated with zinc oxide manufacturing. Together, they are committed to pushing boundaries, driving progress, and setting new benchmarks in the field of zinc oxide production, fostering a brighter and greener future for the industry.

Key Market Players

  • Hindustan Zinc Limited
  • Kannan Group
  • Zinc-O-India
  • Prakash Chemicals International Pvt Ltd.
  • Himadri Chemicals
  • MLA Group of Industries
  • Silox India Private Limited

By Process

 By Application

By Region

  • Indirect Process
  • Direct Process
  • Wet Process
  • Others
  • Rubber and Tires
  • Ceramics and Glass
  • Pharmaceuticals and Cosmetics
  • Agriculture
  • Paints and Coatings
  • Others
  • North India
  • East India
  • West India
  • South India

Report Scope:

In this report, the India Zinc Oxide Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • India Zinc Oxide Market, By Process:

o   Indirect Process

o   Direct Process

o   Wet Process

o   Others

·         India Zinc Oxide Market, By Application:

o   Rubber and Tires

o   Ceramics and Glass

o   Pharmaceuticals and Cosmetics

o   Agriculture

o   Paints and Coatings

o   Others

  • India Zinc Oxide Market, By Region:

o   North India

o   East India

o   West India

o   South India

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India Zinc Oxide Market.

Available Customizations:

India Zinc Oxide Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

India Zinc Oxide Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]               

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, and Trends

4.    Impact of COVID-19 on India Zinc Oxide Market

5.    India Zinc Oxide Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Process (Indirect Process, Direct Process, Wet Process, Others)

5.2.2.    By Application (Rubber and Tires, Ceramics and Glass, Pharmaceuticals and Cosmetics, Agriculture, Paints and Coatings, and Others)

5.2.3.    By Region (North, South, East, West)

5.2.4.    By Company (2022)

5.3.  Market Map

6.    North India Zinc Oxide Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Process

6.2.2.    By Application

7.    South India Zinc Oxide Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Process

7.2.2.    By Application

8.    East India Zinc Oxide Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Process

8.2.2.    By Application

9.    West India Zinc Oxide Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Process

9.2.2.    By Application

10.  Market Dynamics

10.1.            Drivers

10.2.            Challenges

11.  Market Trends & Developments

11.1.            Merger & Acquisition

11.2.            Product Development

11.3.            Recent Developments

12.  Porters Five Forces Analysis

12.1.            Competition in the Industry

12.2.            Potential of New Entrants

12.3.            Power of Suppliers

12.4.            Power of Customers

12.5.            Threat of Substitute Products

13.  Pricing Analysis

14.  PESTLE Analysis

15.  Policy & Regulatory Framework

16.  Competitive Landscape

16.1.            Hindustan Zinc Limited

16.1.1.  Business Overview

16.1.2.  Company Snapshot

16.1.3.  Products & Services

16.1.4.  Financials (As Reported)

16.1.5.  Recent Developments

16.2.            Kannan Group

16.3.            Zinc-O-India

16.4.            Prakash Chemicals International Pvt Ltd.

16.5.            Himadri Chemicals

16.6.            MLA Group of Industries

16.7.            Silox India Private Limited

17.  Strategic Recommendations

18.  About Us & Disclaimer

Figures and Tables

Frequently asked questions


The market size of the India Zinc Oxide Market was estimated to be USD 387.34 million in 2023.


The indirect process segment demonstrated significant dominance in 2023. The indirect process, which involves specific steps like vapor-phase oxidation and subsequent condensation, typically yields zinc oxide with a significantly finer particle size compared to other commonly used methods. This fine particle size not only enhances the dispersibility and uniformity of zinc oxide but also allows for better incorporation in various formulations, including cosmetics, paints, and rubber products. This improved dispersibility and uniformity can result in enhanced performance and stability of the final products.


West India dominated the market with a revenue share in 2023. The Indian government is actively providing support to the zinc oxide industry in West India. This comprehensive support package includes tax breaks and subsidies, designed to incentivize, and attract investments into the burgeoning zinc oxide sector. These measures not only enhance the economic viability of investing in the industry but also contribute to the overall growth and development of the region.


Growing demand of zinc oxide in agriculture and pharmaceutical industries are the major drivers for the India Zinc Oxide Market.


Sakshi Bajaal

Business Consultant
Press Release

India Zinc Oxide Market to Grow with a CAGR of 4.33% through 2029

Sep, 2023

Growing demand of zinc oxide from paints and coatings industry is expected to drive the India Zinc Oxide Market growth in the forecast period, 2025-2029.