Zinc Carbonate Market
The market for Zinc Carbonate was estimated at $276 million in 2024; it is anticipated to increase to $378 million by 2030, with projections indicating growth to around $492 million by 2035.
Global Zinc Carbonate Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Zinc Carbonate industry revenue is expected to be around $290.9 million in 2025 and expected to showcase growth with 5.4% CAGR between 2025 and 2034.
The versatility of Zinc Carbonate is evident in its uses. From being a pigment in paints to serving as an essential activator in the rubber industry and even finding a place as a beneficial ingredient in health and beauty products. The increasing trend towards eco safe materials has greatly boosted the importance of Zinc Carbonate, in industries like never before.
Market Key Insights
- The Zinc Carbonate market is projected to grow from $276.0 million in 2024 to $467 million in 2034. This represents a CAGR of 5.4%, reflecting rising demand across Rubber Manufacturing, Skin Care Products and Agriculture.
- The market exhibits an oligopolistic structure with only 7 prominent players, with Shepherd Chemical Company and TIB Chemicals AG commanding the largest shares.
- China and U.S. are the top markets within the Zinc Carbonate market and are expected to observe the growth CAGR of 3.5% to 5.2% between 2024 and 2030.
- Emerging markets including Vietnam, Nigeria and Peru are expected to observe highest growth with CAGR ranging between 6.2% to 7.5%.
- End-User Companies within Pharmaceutical are adopting transition like Shift towards Eco-friendly Products; and this trend is expected to give an additional push of $11 million to Zinc Carbonate industry b/w 2024 and 2030.
- The Zinc Carbonate market is set to add $191 million between 2024 and 2034, with manufacturer targeting Ceramics & Pharmaceuticals End-Use projected to gain a larger market share.
- With
growing demand in healthcare industry, and
expansion in rubber & plastics industries, Zinc Carbonate market to expand 69% between 2024 and 2034.
Opportunities in the Zinc Carbonate
Growth Opportunities in North America and Asia Pacific
Market Dynamics and Supply Chain
Driver: Growing Demand in Healthcare Industry, and Technological Advancements in Synthesis Procedures
Restraint: Regulatory Hurdles
Opportunity: Zinc Carbonate in Eco-friendly Polymer Production and Zinc Carbonate in the Rubber Industry
Challenge: Fluctuating Raw Material Prices
Supply Chain Landscape
Raw Material Extraction
Raw Material Processing
Zinc Carbonate Manufacturing
End User Industries
Raw Material Extraction
Raw Material Processing
Zinc Carbonate Manufacturing
End User Industries
Use Cases of Zinc Carbonate in Rubber Manufacturing & Skin Care Products
Recent Developments
In the ZINC CARBNATE sectors recent advancements in the market suggest an upward trend due to heightened demand from industries, like rubber production and cosmetics and healthcare sectors showing growth potential as well Green Chemistry practices are gaining importance in ZINC CARBNATE manufacturing leading to lower energy usage and environmental benefits.