Zinc Oxide Nanoparticles Market
Zinc Oxide Nanoparticles Market
The market for Zinc Oxide Nanoparticles was estimated at $905.63 million in 2024; it is anticipated to increase to $1.67 billion by 2030, with projections indicating growth to around $2.77 billion by 2035.
Datatree
Global Zinc Oxide Nanoparticles Market Outlook
Revenue, 2024 (US$M)
$906M
Forecast, 2034 (US$B)
$2.50B
CAGR, 2024 - 2034
10.7%
Market Size Forecast & Key Insights
- The Zinc Oxide Nanoparticles market is projected to grow from $905.6 million in 2024 to $2.50 billion in 2034. This represents a CAGR of 10.7%, reflecting rising demand across Sunscreen & Cosmetics, Medical & Pharmaceuticals and Electronics & Semiconductors.
- U.S. and China are the top markets within the Zinc Oxide Nanoparticles market and are expected to observe the growth CAGR of 7.8% to 11.2% between 2024 and 2030.
- Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 10.3% to 13.4%.
- The Zinc Oxide Nanoparticles market is set to add $1.6 billion between 2024 and 2034, with manufacturer targeting Electronics & Coatings Applications projected to gain a larger market share.
- With Increasing demand in cosmetics and personal care products, and Advancements in nanotechnology, Zinc Oxide Nanoparticles market to expand 176% between 2024 and 2034.
Opportunities in the Zinc Oxide Nanoparticles
The increasing focus on sustainable practices across different industries creates specific opportunities for ZnO NPs. Nanoparticle manufacturers should form strategic partnerships with textile and paint and coating industries to create environmentally friendly products. The development of self-cleaning fabrics and pollution-absorbing paints through ZnO NPs will transform these industries thus driving up their demand.
Growth Opportunities in North America and Asia Pacific
North America Outlook
Asia Pacific Outlook
Market Dynamics and Supply Chain
Driver: Increasing Demand in Cosmetics and Personal Care Products, and Growing Application in the Rubber Industry
Restraint: High Manufacturing Cost
Opportunity: Technological Innovations in Healthcare and Untapped Potential in the Cosmetics Industry
Challenge: Regulatory Challenges
Supply Chain Landscape
Raw Material Suppliers
U.S. Zinc
Hindustan Zinc Limited
Producers
Nanoshel LLC
American Elements
Distributors Wholesalers
Sigma-Aldrich
Nanografi Nano Technology
End Users
Cosmetics
Paints and Coatings
Electronics
Raw Material Suppliers
U.S. Zinc
Hindustan Zinc Limited
Producers
Nanoshel LLC
American Elements
Distributors Wholesalers
Sigma-Aldrich
Nanografi Nano Technology
End Users
Cosmetics
Paints and Coatings
Electronics