Market Forecast By By Type (Zinc Oxide, Zinc Sulfate, Zinc Carbonate, Zinc Chloride, Other), By By End-user Industry (Agriculture, Chemicals and Petrochemicals, Ceramic, Pharmaceutical, Paints and Coatings, Rubber Processing, Other ) And Competitive Landscape
Product Code: ETC190655 | Publication Date: May 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Report Name | South Korea Zinc Chemicals Market |
Forecast Period | 2025-2031 |
CAGR | 5.1% |
Growing Sector | Electronics and Specialty Zinc Applications |
The South Korea Zinc Chemicals Market report provides a comprehensive analysis of the industry by Type and End-user Industry. It highlights emerging trends, growth opportunities, key challenges, and major drivers influencing the market.
The South Korea zinc chemicals market is witnessing steady growth due to rising demand from industries such as electronics, automotive, pharmaceuticals, and coatings. Increasing use of zinc chemicals in batteries, semiconductors, and personal care products is further fueling market expansion. Technological advancements in zinc-based materials and the focus on eco-friendly production processes are improving product efficiency and sustainability. However, fluctuating raw material prices and stringent environmental regulations pose challenges for market growth. To address these challenges, companies are investing in sustainable production methods and optimizing supply chains for cost efficiency and regulatory compliance.
According to 6Wresearch, the South Korea Zinc Chemicals Market is expected to grow at a CAGR of 5.1% during the forecast period 2025-2031. One of the primary drivers of South Korea's zinc chemicals market is the increasing demand for healthcare and pharmaceutical products. The country's emphasis on research and development in the pharmaceutical sector has led to innovation in the application of zinc chemicals, boosting their market growth. Additionally, the growing awareness of the antimicrobial and therapeutic benefits of zinc-based products among consumers has fueled the demand for dietary supplements and topical treatments. South Korea's advanced manufacturing capabilities and supportive government policies further strengthen the zinc chemicals market by enabling efficient production and fostering international trade.
Fluctuations in the global zinc supply chain and pricing can impact the availability and cost of raw materials, creating uncertainty for manufacturers. Environmental concerns related to zinc mining and chemical production also pose regulatory challenges, as the government enforces stricter environmental standards. Additionally, competition from alternative chemical substitutes in certain applications may limit the growth potential of zinc chemicals. Despite these hurdles, continuous innovation and sustainable practices offer opportunities for overcoming these challenges in the long term.
Key market players include Umicore, EverZinc, Weifang Longda Zinc Industry, American Chemet Corporation, and Rubamin. These companies focus on R&D, strategic partnerships, and facility expansions to strengthen their market presence.
South Korea's Ministry of Environment and regulatory agencies impose strict guidelines on chemical manufacturing, waste management, and emissions control. Compliance with these regulations is essential for companies to ensure sustainability, market acceptance, and long-term operational stability.
The market is projected to experience steady growth driven by increased industrial demand, technological innovation, and sustainability initiatives. Advancements in zinc derivatives and recycling technologies will continue shaping the industry, creating opportunities for product diversification and market expansion.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Zinc oxide remains the dominant segment in the South Korea zinc chemicals market, owing to its widespread use in electronics, rubber manufacturing, coatings, and pharmaceuticals. The increasing demand for nano zinc oxide in personal care products, ceramics, and batteries further strengthens its market position. Ongoing research into high-purity zinc oxide applications is expected to sustain this segment’s growth in the coming years.
The pharmaceuticals industry in South Korea plays a significant role in the Zinc Chemicals Market. Zinc chemicals, known for their versatility, are used in the production of various pharmaceutical products due to their antimicrobial and healing properties. South Korea's robust pharmaceutical sector leverages zinc chemicals for applications such as zinc oxide in ointments and creams, as well as zinc sulfate in dietary supplements. With a growing focus on healthcare innovation and increasing demand for medicinal products, the use of zinc chemicals in South Korea's pharmaceutical market is projected to expand steadily. This trend highlights the importance of zinc as a key component in offering solutions for health and wellness.
The market report has been segmented and sub segmented into the following categories:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Zinc Chemicals Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Zinc Chemicals Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Zinc Chemicals Market - Industry Life Cycle |
3.4 South Korea Zinc Chemicals Market - Porter's Five Forces |
3.5 South Korea Zinc Chemicals Market Revenues & Volume Share, By By Type, 2021 & 2031F |
3.6 South Korea Zinc Chemicals Market Revenues & Volume Share, By By End-user Industry, 2021 & 2031F |
4 South Korea Zinc Chemicals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Zinc Chemicals Market Trends |
6 South Korea Zinc Chemicals Market, By Types |
6.1 South Korea Zinc Chemicals Market, By By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Zinc Chemicals Market Revenues & Volume, By By Type, 2021-2031F |
6.1.3 South Korea Zinc Chemicals Market Revenues & Volume, By Zinc Oxide, 2021-2031F |
6.1.4 South Korea Zinc Chemicals Market Revenues & Volume, By Zinc Sulfate, 2021-2031F |
6.1.5 South Korea Zinc Chemicals Market Revenues & Volume, By Zinc Carbonate, 2021-2031F |
6.1.6 South Korea Zinc Chemicals Market Revenues & Volume, By Zinc Chloride, 2021-2031F |
6.1.7 South Korea Zinc Chemicals Market Revenues & Volume, By Other, 2021-2031F |
6.2 South Korea Zinc Chemicals Market, By By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 South Korea Zinc Chemicals Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 South Korea Zinc Chemicals Market Revenues & Volume, By Chemicals and Petrochemicals, 2021-2031F |
6.2.4 South Korea Zinc Chemicals Market Revenues & Volume, By Ceramic, 2021-2031F |
6.2.5 South Korea Zinc Chemicals Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.6 South Korea Zinc Chemicals Market Revenues & Volume, By Paints and Coatings, 2021-2031F |
6.2.7 South Korea Zinc Chemicals Market Revenues & Volume, By Rubber Processing, 2021-2031F |
7 South Korea Zinc Chemicals Market Import-Export Trade Statistics |
7.1 South Korea Zinc Chemicals Market Export to Major Countries |
7.2 South Korea Zinc Chemicals Market Imports from Major Countries |
8 South Korea Zinc Chemicals Market Key Performance Indicators |
9 South Korea Zinc Chemicals Market - Opportunity Assessment |
9.1 South Korea Zinc Chemicals Market Opportunity Assessment, By By Type, 2021 & 2031F |
9.2 South Korea Zinc Chemicals Market Opportunity Assessment, By By End-user Industry, 2021 & 2031F |
10 South Korea Zinc Chemicals Market - Competitive Landscape |
10.1 South Korea Zinc Chemicals Market Revenue Share, By Companies, 2024 |
10.2 South Korea Zinc Chemicals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |