The India zinc oxide market size reached USD 206.43 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 387.20 Million by 2033, exhibiting a growth rate (CAGR) of 6.70% during 2025-2033. The market is expanding due to the rising demand in rubber, ceramics, pharmaceuticals, and cosmetics. Growth is driven by tire manufacturing, government initiatives in industrial expansion, and increasing applications in personal care and healthcare products. Environmental regulations influence production processes, which, in turn, is also contributing to the market growth.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 206.43 Million |
Market Forecast in 2033 | USD 387.20 Million |
Market Growth Rate 2025-2033 | 6.70% |
Rising Demand from the Rubber and Tire Industry
The India zinc oxide market is witnessing significant demand growth from the rubber and tire industry, which remains its largest end-use sector. Zinc oxide is a key ingredient in rubber vulcanization, enhancing durability, heat resistance, and elasticity. With the rapid expansion of India’s automotive segment, mainly propelled by escalating vehicle manufacturing and fueling user requirement for two-wheelers and four-wheelers, tire manufacturing is experiencing sustained growth. For instance, as per industry reports, in September 2024, the total manufacturing of quadricycles, passenger vehicles, and two- and three-wheelers stood at 27,73,039 units. Additionally, government initiatives promoting electric mobility, such as the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme, are further accelerating tire production. This surge is increasing the need for high-quality zinc oxide to meet performance and safety standards. Domestic manufacturers are also investing in capacity expansion and technological upgrades to cater to the growing demand. Furthermore, fluctuations in zinc prices and supply chain constraints may impact production costs, prompting companies to explore cost-effective production methods and alternative sources of raw materials.
Expanding Applications in the Pharmaceutical and Cosmetics Industry
Zinc oxide is gaining traction in India’s pharmaceutical and cosmetics sectors due to its antibacterial, UV-protective, and skin-soothing properties. In pharmaceuticals, it is widely used in ointments, creams, and medicated powders for treating skin conditions such as rashes, sunburn, and acne. The increasing prevalence of dermatological issues, along with heightened consumer awareness of skincare, is driving demand for zinc oxide-based formulations. For instance, as per industry reports, approximately 1 in 2 customers across India are suffering with dry skin in 2024, with 82% respondents revealing experience anxiety when attending public places due to skin conditions. In the cosmetics industry, its role as a key ingredient in sunscreens, lotions, and personal care products is expanding, supported by growing consumer preference for mineral-based, chemical-free skincare solutions. The Indian government’s focus on promoting domestic pharmaceutical production under the Production Linked Incentive (PLI) scheme is encouraging local zinc oxide manufacturers to enhance quality standards and expand supply chains. Moreover, stringent regulations on product safety and efficacy are prompting companies to invest in high-purity grades of zinc oxide, ensuring compliance with international standards for pharmaceutical and cosmetic applications.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on process and application.
Process Insights:
The report has provided a detailed breakup and analysis of the market based on the process. This includes indirect process, direct process, wet process, and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes rubber and tires, ceramics and glass, pharmaceuticals and cosmetics, agriculture, paints and coatings, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Processes Covered | Indirect Process, Direct Process, Wet Process, Others |
Applications Covered | Rubber and Tires, Ceramics and Glass, Pharmaceuticals and Cosmetics, Agriculture, Paints and Coatings, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: