CATEGORY

Zinc Oxide

In depth analysis of the zinc oxide market across NA, EMEA and APAC with a focus on capcity-demand analysis, industry analysis, cost structure, historic/ forecast price trends and preferred sourcing strategy

Beroe LiVE.Ai™

AI-powered self-service platform for all your sourcing decision needs across 1,600+ categories llike Zinc Oxide.

Market Data, Sourcing & Supplier Intelligence, and Price & Cost Benchmarking.

Schedule a Demo

Zinc Oxide Market Monitoring Dashboard


Price Trend
23642.67
Feb-2023
RMB/MT
History Forecast
Supply Demand

Understand the correlation between costs, margins, and prices impacting your category on a real time basis on Beroe LiVE.Ai™

Zinc Oxide Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Zinc Oxide category is 6.50%

Payment Terms

(in days)

The industry average payment terms in Zinc Oxide category for the current quarter is 70.4 days

Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™

Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

Meet Abi

The World’s first Digital Market Analyst

    Schedule a Demo
    Meet Abi

    The World’s first Digital Market Analyst

    Abi, the AI-powered digital assistant brings together data, insights, and intelligence for faster answers to sourcing questions

    Zinc Oxide Suppliers


    3,533
    Total Suppliers
    95
    Diverse Suppliers
    75
    Normalized Supplier Rating
    Zinc Oxide Supplier

    Find the right-fit zinc oxide supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    BASF SE
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    1
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.


    Creditsafe Rating


    D/2

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    A 71 - 100

    Very Low Risk

    B 51 - 70

    Low Risk

    C 30 - 50

    Moderate Risk

    D 21 - 29

    High Risk

    E 0 - 20

    Not Rated


    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    59

    100
    Robust (1)
    ESG Perfomance (/100)
    Environment
    60
    Social
    59
    Governance
    57
    6 Domains Performance (/100)
    Business behaviour
    62
    Human rights
    68
    Community Environment
    42
    Corporate governance
    60
    Human resources
    61
    Security Scorecard
    82

    Threat indicators
    B
    83
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    D
    62
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    B
    80
    Application Security
    Detecting common website application vulnerbilities
    B
    81
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    B
    85
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    94
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    basf.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    17
    Workforce Health Safety Issues
    0
    Product Service Issues
    22
    Human Rights Issues
    3
    Production Supply Chain Issues
    35
    Environmental Non Compliance Flags
    74
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    21
    Fraud Issues
    8
    Labor Health Safety Flags
    12
    Regulatory Issues
    13
    Workforce Disputes
    6
    Sanctions
    0
    esg energy transition
    49
    Discrimination Workforce Rights Issues
    3
    esg controversies critical severity
    Yes

    Zinc Oxide market report transcript


    Global Market Outlook on Zinc Oxide

    • There is growing demand for zinc oxide from the electronics sector for use in metal-oxide-based semiconductors with relatively bio-safe and biocompatible properties which is suitable for sensor/transducer applications
    • The other factor driving zinc oxide demand growth includes the demand from cosmetics and personal care products, including makeup, baby lotions, bath soaps and foot powders. It is used as a bulking agent, a colorant, a skin protectant in over-the-counter (OTC) drug products and as a sunscreen

    zinc oxide market

    Demand Market Outlook

    • The global zinc oxide market has surplus supply, and it is expected to remain same for the next 2 – 3 years
    • Zinc oxide demand will continue to be driven by the tire segment and innovations in electronics and cosmetics, owing to economic growth in Brazil, China, and India, and it is expected to grow at a CAGR of approx. 5 percent through 2022

    Impact on CPG

    • The CPG industry accounts for a very small share of the downstream demand
    • CPG buyers are low volume buyers of zinc oxide compared to rubber, ceramics, and electronics buyers
    • As a result, CPG buyers have less leverage during contract negotiations and have to contend with higher prices and supply unavailability during tight supply situations

    Global Market Size: Zinc Oxide

    • The global market size is estimated at $3.6 billion in 2018, and it is expected to grow at a CAGR of 6 percent through 2022
    • Factors driving this growth include increasing demand for innovative electronics and cosmetic products requiring zinc oxide, especially from the developing economies, like India, Brazil, and China
    • The market size of zinc oxide, in terms of value, is projected to reach $4.70 billion by 2022, and the global market size for zinc oxide is projected to register a CAGR of 6.0 percent between 2017 and 2022
    • Rubber, chemicals, and agriculture, together, accounted for the largest share of the zinc oxide market in 2017
    • APAC accounted for the largest share of zinc oxide in 2016, and it is projected to be the fastest growing market, in terms of value, between 2017 and 2022. Growth is attributed to the increasing automotive sales in countries, such as China and India

    Global Capacity–Demand Analysis

    • Expected capacity additions support tremendous growth across the globe, in innovative applications, like electronics and cosmetic products
    • Buyers are recommended to secure their supply with medium-scale suppliers, in long-term contracts, based on zinc prices

    Market Outlook 

    • Capacity: Capacity additions, planned by producers in China, have been temporarily stalled, owing to the weak economic scenario. 
    • Demand: Global zinc oxide demand is expected to increase at approx. 5 percent CAGR through 2022, especially from the rubber industry in the developing countries
    • Operating Rates: Global average operating rates at zinc oxide plants are expected to be around 85 percent. However, operating rates in China are currently ranging between 50 and 55 percent, owing to weak demand. These operating rates are expected to increase up to 70 percent, driven by an expected increase in demand
    • Supply Security: Overall, no supply issues are expected in the zinc oxide market until 2021, as capacity additions are in place to meet the growing demand

    Engagement Outlook

    • Low volume buyers are recommended to have long-term contracts with zinc oxide manufacturers, as they have lower bargaining power
    • Spot and contract price mix is the preferred mode of engagement, with a 40/60 ratio

    Market Overview

    The booming automobile segment in APAC may result in a supply crunch for CPG companies, especially based on its seasonality. By 2020, the electronics and ceramics segment is expected to overshadow rubber and chemical segments’ demand share of zinc oxide. Developing countries, including India, South Korea, Indonesia, etc., are the key growth drivers of demand in the APAC region The automobile segment is picking up, increasing demand for zinc oxide manufacturers in India and South Korea. The top six zinc oxide producers hold close to 95 percent of the market share, giving little leverage to buyers. The zinc oxide market price decreased by 3.4 percent in August 2019 M-o-M due to a decrease in raw material zinc ingot prices. The consumption of zinc oxide from the downstream automobile industry is expected to be medium to low. This is expected to have an impact on zinc oxide price in the region.

    Why You Should Buy This Report

    The report gives the cost breakdown and zinc oxide market price analysis. It lists out the major zinc oxide suppliers and gives SWOT analysis of Zochem Inc, Umicore, etc. It provides information on the best sourcing models, pricing formulas and contract models. The report gives Porter’s five force analysis, the industry drivers and constraints and industry trends and innovations.