Saudi Arabia Zinc Oxide Market

Saudi Arabia Zinc Oxide Market Overview:

The Saudi Arabia zinc oxide market size reached USD 0.05 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 0.09 Billion by 2033, exhibiting a growth rate (CAGR) of 5.38% during 2025-2033. The market is driven by the increasing product application in ceramic products, the emergence of zinc oxide nanomaterials, favorable government initiatives to boost local manufacturing, considerable growth in the production of solar cells, the increasing awareness of occupational health safety, and the rising demand for effective UV protection.

Saudi Arabia Zinc Oxide Market Trends:

Increasing Product Demand in the Rubber Industry

The rising demand for zinc oxide in the rubber industry is one of the major factors that are propelling the expansion of the market in Saudi Arabia. This can be attributed to the rapid expansion of the rubber industry in Saudi Arabia. Widely used as a vital additive, zinc oxide enhances tire formulation, industrial rubber products, and many consumer items. As a reinforcing agent, it aids in improving the mechanical properties, strength, and flexibility of rubber compounds, ensuring durability and resilience across various applications. This quality is crucial for applications across a range of rubber products, including industrial belts, hoses, seals, and various other components where durability, strength, and flexibility are essential. For industries that rely on rubber products with prolonged lifespans and enhanced durability, zinc oxide serves as a key component in the formulation process. The capacity of zinc oxide to increase resistance to aging and environmental degradation is also an important element driving the need for zinc oxide in the rubber sector. Moreover, zinc oxide provides protective properties to rubber products subjected to high temperatures, UV light, or chemicals, prolonging the useful life of rubber materials used in commercial and industrial settings. Saudi Arabian rubber producers are using zinc oxide repeatedly to accomplish these mechanical enhancements to stricter quality control regulations and higher performance demands in a combination of end-use industries.

Expanding Automotive Industry

The growing automotive industry in Saudi Arabia significantly drives the zinc oxide market due to its extensive applications in various automotive components. Zinc oxide serves as a crucial additive in tire manufacturing, enhancing durability and performance. As vehicle production is expanding to meet rising consumer demand, the need for high-quality tires fortified with zinc oxide is also increasing consistently. Moreover, zinc oxide is utilized in coatings and paints applied to vehicles, providing corrosion resistance and improving aesthetic appeal. The rapid expansion of the automotive sector, coupled with a shift towards electric vehicles (EVs), is further amplifying the demand for zinc oxide, as it is integral in manufacturing components, such as batteries and sensors. Furthermore, the government’s initiatives to diversify the economy and bolster local manufacturing through Vision 2030 have also stimulated growth in the automotive industry in Saudi Arabia. Investments in infrastructure and incentives for automotive production are further creating a favorable environment for both domestic and foreign manufacturers. Consequently, rising production of vehicles, along with continual technological advancements in automotive design, are propelling the demand for zinc oxide, positioning it as a critical material in meeting the changing needs of the automotive sector.

Saudi Arabia Zinc Oxide Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on process, grade, and application.

Process Insights:

• French / Indirect Process
• American / Direct Process
• Wet Process
• Others

The report has provided a detailed breakup and analysis of the market based on the process. This includes French/indirect process, American / direct process, wet process, and others.

Grade Insights:

• Standard / Technical / Feed
• Chemical/Treated
• Pharma/USP/BP
• Food/FCC
• Others

A detailed breakup and analysis of the market based on the grade have also been provided in the report. This includes standard/technical / feed, chemical/treated, pharma/USP/BP, food/FCC, and others.

Application Insights:

• Rubber
• Ceramic
• Chemical
• Agriculture
• Paints & Coatings
• Cosmetics & Pharmaceuticals
• Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes rubber, ceramic, chemical, agriculture, paints & coatings, cosmetics & pharmaceuticals, and others.

Regional Insights:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central region, Western region, Eastern region, and Southern region.

Competitive Landscape:

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.

Saudi Arabia Zinc Oxide Market News:

• January 2025: KEFI Gold and Copper secured the Umm Hijlan Exploration Licence in Saudi Arabia, expanding its Hawiah Copper-Gold-Zinc-Silver Project. The 210 km² license extends the mineralized strike to 9 km, bolstering potential zinc oxide supply and enhancing market competitiveness in Saudi Arabia's mineral sector.
• November 2024: Metal Bank’s Saudi JV, via CMC, secured the 427 km² Wadi al Junah project in Saudi Arabia through a competitive licensing round. Its robust zinc yield promises increased zinc oxide production with VMS copper–zinc–gold–silver mineralization, driving supply growth and competitive pricing.

Saudi Arabia Zinc Oxide Market Report Coverage:

Key Questions Answered in This Report:

• How has the Saudi Arabia zinc oxide market performed so far and how will it perform in the coming years?
• What is the breakup of the Saudi Arabia zinc oxide market on the basis of the insurance process?
• What is the breakup of the Saudi Arabia zinc oxide market on the basis of grade?
• What is the breakup of the Saudi Arabia zinc oxide market on the basis of application?
• What are the various stages in the value chain of the Saudi Arabia zinc oxide market? 
• What are the key driving factors and challenges in the Saudi Arabia zinc oxide market?
• What is the structure of the Saudi Arabia zinc oxide market and who are the key players?
• What is the degree of competition in the Saudi Arabia zinc oxide market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Saudi Arabia zinc oxide market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia zinc oxide market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Saudi Arabia zinc oxide industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.