| Product Code: ETC4858528 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Greece import trend for zinc oxide saw a decline in growth rate from 2023 to 2024 at -8.33%, while the compound annual growth rate (CAGR) from 2020 to 2024 stood at 9.66%. This decrease in import momentum could be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.
The zinc oxide market in Greece is expanding due to its wide range of applications in industries such as rubber manufacturing, cosmetics, and pharmaceuticals. Zinc oxide is commonly used in the production of rubber products, including tires, as well as in sunscreens, ointments, and skincare products due to its anti-inflammatory and antimicrobial properties. The growing demand for high-performance rubber products, particularly in the automotive industry, is driving the zinc oxide market. Additionally, the increasing awareness of skincare and personal care products in Greece is boosting the demand for zinc oxide in cosmetic formulations.
The zinc oxide market in Greece is expanding due to its widespread use in industries like rubber manufacturing, cosmetics, and pharmaceuticals. Zinc oxide is a key component in the production of rubber products, as it enhances their durability and performance. The increasing demand for personal care products, such as sunscreens and skincare products, also drives the market. Additionally, its use in the production of semiconductors and electronics supports the growth of the zinc oxide market in Greece.
The Greece Zinc Oxide market faces challenges from high production costs and limited applications in industries such as rubber and pharmaceuticals. Competition from alternative chemicals further impacts market growth.
The zinc oxide market in Greece benefits from policies encouraging its use in agriculture as a soil micronutrient and in industrial applications like rubber production. Subsidies for eco-friendly production and adherence to EU safety standards facilitate market expansion.