Zinc Molybdate Market
The market for Zinc Molybdate was estimated at $451 million in 2024; it is anticipated to increase to $732 million by 2030, with projections indicating growth to around $1.10 billion by 2035.
Global Zinc Molybdate Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Zinc Molybdate industry revenue is expected to be around $489.3 million in 2025 and expected to showcase growth with 8.4% CAGR between 2025 and 2034. The recent growth in the Zinc Molydbate market highlights its growing importance worldwide due to significant factors at play. A key driver is its function in preventing corrosion across different industries which drives up its demand and ensures its continued relevance. Advancements in technology have further improved the appeal of Zinc Molydbate by enhancing its inherent physical properties. This solidifies its position as an element, in numerous production processes.
The versatile Zinc Molydate is known for its nature and ability to withstand high temperatures and finds wide ranging uses across various industries beyond the conventional ones. Primarily employed in coatings for its excellent corrosion resistance properties it is becoming more popular, in the paint and plastic sectors as well. Moreover the current trend of incorporating Zinc Molydate into lubricating greases is expanding its range of applications.
Market Key Insights
- The Zinc Molybdate market is projected to grow from $451.4 million in 2024 to $1.01 billion in 2034. This represents a CAGR of 8.4%, reflecting rising demand across Anti-Corrosive Coatings, Plastics and Polymers and Pigments and Dyes.
- Sigma-Aldrich, BASF SE, Arkema are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Zinc Molybdate market and are expected to observe the growth CAGR of 6.1% to 8.8% between 2024 and 2030.
- Emerging markets including Indonesia, Turkey and South Africa are expected to observe highest growth with CAGR ranging between 8.1% to 10.5%.
- Transition like Rapid Advancements in Nanotechnology is expected to add $29 million to the Zinc Molybdate market growth by 2030.
- The Zinc Molybdate market is set to add $560 million between 2024 and 2034, with manufacturer targeting Automotive & Electronic & Electricals End-user Industries projected to gain a larger market share.
- With Rising demand in coating industry, and Advancements in bio-compatible materials, Zinc Molybdate market to expand 124% between 2024 and 2034.
