China Zinc Oxide Used for Rubber Market Global Outlook and Forecast 2024-2030

Zinc Oxide for Rubber is a crucial chemical additive used in the production of rubber products, primarily in the tire manufacturing industry. This specialized form of zinc oxide acts as an activator in the vulcanization process, enhancing the elasticity, heat dissipation, and UV resistance of rubber. Additionally, it improves the durability and overall performance of rubber products. Zinc oxide for rubber is critical in various applications, including tires, industrial rubber goods, and footwear, and plays a significant role in meeting the evolving demands of industries such as automotive, aerospace, and construction.

Market Size

The China Zinc Oxide for Rubber market was valued at US$ 643.5 million in 2024 and is projected to reach US$ 852.7 million by 2030, growing at a compound annual growth rate (CAGR) of 4.8% during the forecast period from 2024 to 2030.

Key Statistics:

• 2024 Market Value: US$ 643.5 million
• 2030 Projected Market Value: US$ 852.7 million
• CAGR: 4.8% (2024-2030)
• 2023 Consumption: Approximately 720,000 metric tons of zinc oxide used for rubber applications
• Domestic Consumption: 90% of total consumption
• Exports: 10% of total consumption

The demand for zinc oxide in the rubber sector is primarily driven by the growth of China’s tire manufacturing industry and the increasing automotive production in the country. In 2023, China, as the world’s largest automobile market, experienced an 8% increase in tire production, further propelling the need for zinc oxide in tire compounds.

Market Dynamics (Drivers, Restraints, Opportunities, and Challenges)

Drivers

• Growth of the Automotive Industry: China remains the largest automotive market in the world, and with an increasing number of vehicles on the road, the demand for tires and rubber products is growing significantly. This, in turn, fuels the demand for zinc oxide, especially in the vulcanization process for tires.

• Technological Advancements: Innovation in the production of zinc oxide has led to the development of high-dispersibility grades, offering improved dispersion and reduced dosage requirements. These advancements are helping producers optimize their production processes, leading to cost savings and improved product quality.

• Increase in Demand for High-Performance Rubber: The growing need for specialized rubber, such as that used in high-speed rail, aerospace, and EV tires, has boosted the demand for high-performance zinc oxide, including nano-zinc oxide grades. These high-performance materials are seeing a 10% annual growth rate.

Restraints

• Raw Material Price Volatility: The prices of raw materials used to produce zinc oxide can fluctuate significantly, which may affect the cost structure for manufacturers. This volatility can lead to price pressures in the market, especially for smaller manufacturers.

• Environmental Regulations: As the government continues to enforce stringent environmental regulations, rubber manufacturers may face increased costs related to compliance, potentially slowing market growth.

Opportunities

• Emerging Demand in Electric Vehicle (EV) Tire Market: With China’s strong push towards electric vehicles, there is an increasing demand for tire compounds specifically formulated for EVs. This trend presents a significant growth opportunity for the zinc oxide market, with projections showing a 7% CAGR through 2030.

• Self-Healing Rubber: The development of self-healing rubber, a new and innovative application, is gaining traction. Zinc oxide plays a vital role in the creation of these advanced smart materials, with an 15% CAGR in this niche segment.

Challenges

• Competitive Pricing Pressures: While vertical integration strategies are helping stabilize costs for major players, smaller companies may struggle to maintain competitive pricing amid increasing raw material costs.
• Market Consolidation: The market is witnessing consolidation as large companies acquire smaller players to gain more control over production and distribution, which can limit competition.

Regional Analysis

China is the largest consumer of zinc oxide for rubber applications, owing to its robust automotive and tire manufacturing industries. The key regions in China driving the demand for zinc oxide include:

• East China: This region is the major production hub for rubber products, especially in tire manufacturing. It is also home to many of the country's leading chemical producers.
• South China: With its growing automotive sector and rapid industrialization, South China is contributing significantly to the consumption of zinc oxide in the rubber industry.
• Central and Western China: The expansion of the electric vehicle market and growing industrialization in these regions is set to further boost demand for zinc oxide in tire and rubber product manufacturing.

Competitor Analysis

The China Zinc Oxide for Rubber market features several leading players that are driving innovation and securing a larger market share. Key players include:

1. Shijiazhuang Sunpower Technology Co., Ltd.: A major manufacturer of zinc oxide products with a strong focus on research and development of high-quality rubber-grade zinc oxide.
2. Zhejiang Huayuan Pigment Co., Ltd.: Known for producing high-performance zinc oxide for various industrial applications, including rubber.
3. Hunan Jufa Technology Co., Ltd.: Specializes in advanced zinc oxide products for rubber and other applications.
4. Tianjin Topfert Agrochemical Co., Limited: A key supplier of zinc oxide used in the rubber and agricultural industries.
5. Xiamen Ditai Chemicals Co., Ltd.: A leading producer of zinc oxide with a focus on quality and sustainability.

These companies are focusing on expanding their production capacity, developing high-performance zinc oxide grades, and improving supply chain efficiencies to strengthen their market positions.

Market Segmentation (by Application)

The China Zinc Oxide for Rubber market can be segmented by application as follows:

• Automobile Industry: The largest consumer of zinc oxide, primarily used in tire production.
• Chemical Industry: Zinc oxide is widely used in various chemical applications, including rubber compounding.
• Construction Industry: The use of zinc oxide in rubber for construction-related applications, such as waterproofing materials, is growing.
• Other: Includes miscellaneous applications in footwear, industrial goods, and other sectors.

Market Segmentation (by Type)

The market is also segmented by type of zinc oxide:

• Ordinary Zinc Oxide: Used in a variety of general rubber applications, offering standard performance.
• Nano Zinc Oxide: A more advanced form of zinc oxide with superior properties such as enhanced dispersion and increased performance in specialized rubber applications.

Key Company

The major players in the China Zinc Oxide for Rubber market include:

• Shijiazhuang Sunpower Technology Co., Ltd.
• Zhejiang Huayuan Pigment Co., Ltd.
• Hunan Jufa Technology Co., Ltd.
• Tianjin Topfert Agrochemical Co., Limited
• Xiamen Ditai Chemicals Co., Ltd.

These companies are driving technological advancements, improving their product offerings, and focusing on expanding their market share.

Geographic Segmentation

The demand for Zinc Oxide for Rubber is widespread across China, with major consumption regions including:

• East China: Dominates the market, driven by large-scale tire manufacturing facilities.
• South China: An emerging hub due to the rapid growth of the automotive and aerospace sectors.
• Central and Western China: Growing markets due to industrialization and the push for electric vehicles.

FAQ Section

What is the current market size of the China Zinc Oxide for Rubber market?

The market was valued at US$ 643.5 million in 2024 and is projected to reach US$ 852.7 million by 2030, growing at a CAGR of 4.8%.

Which are the key companies operating in the China Zinc Oxide for Rubber market?

Key players include Shijiazhuang Sunpower Technology Co., Ltd., Zhejiang Huayuan Pigment Co., Ltd., Hunan Jufa Technology Co., Ltd., Tianjin Topfert Agrochemical Co., Limited, and Xiamen Ditai Chemicals Co., Ltd.

What are the key growth drivers in the China Zinc Oxide for Rubber market?

The key drivers include the growth of the automotive industry, technological advancements in zinc oxide production, and the increasing demand for high-performance rubber in sectors like aerospace and electric vehicles.

Which regions dominate the China Zinc Oxide for Rubber market?

East China, South China, and Central and Western China are the primary regions driving market demand due to their concentration of automotive, tire, and industrial production.

What are the emerging trends in the China Zinc Oxide for Rubber market?

Emerging trends include the rise in demand for nano-zinc oxide, self-healing rubber applications, and the growing market for EV-specific tire compounds.

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Chinan Market Analysis: The report includes Chinan market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Zinc Oxide Used for Rubber Market
• Overview of the regional outlook of the Zinc Oxide Used for Rubber Market

• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

• Global Zinc Oxide Used for Rubber Market 
• United States Zinc Oxide Used for Rubber Market 
• Japan Zinc Oxide Used for Rubber Market 
• Germany Zinc Oxide Used for Rubber Market 
• South Korea Zinc Oxide Used for Rubber Market 
• Indonesia Zinc Oxide Used for Rubber Market 
• Brazil Zinc Oxide Used for Rubber Market

Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.