| Product Code: ETC191797 | Publication Date: May 2022 | Updated Date: Mar 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
Thailand import trend for zinc oxide in 2023-2024 experienced a decline of -16.23%, with a Compound Annual Growth Rate (CAGR) of -18.65% from 2020-2024. This negative growth can be attributed to a combination of reduced demand and shifts in market dynamics impacting the import momentum within the Thailand zinc oxide market.

The Thailand zinc oxide market is estimated to grow at a CAGR of 5.5% during the forecast period, reaching a value of USD 45.9 million. The major growth drivers for this market are increasing demand for rubber products and paints & coatings, improving manufacturing capabilities, and rising construction activities in the country.
The Thailand zinc oxide market is driven by its versatile applications in industries such as rubber, ceramics, and cosmetics. Its role as a UV absorber in sunscreens and a vulcanization agent in rubber production contributes to its demand.
The zinc oxide market encounters challenges related to fluctuating raw material prices and global supply chain disruptions, affecting the availability and pricing of this essential compound used in various industries such as rubber, ceramics, and cosmetics.
The pandemic disrupted global supply chains, impacting the availability of certain chemicals like zinc oxide. Supply chain interruptions and reduced demand in various industries temporarily affected the zinc oxide market.
In the Thailand zinc oxide market, companies like Thai Oxide Co., Ltd., and Thai Chemicals and Pigments Co., Ltd., are pivotal in producing and supplying zinc oxide used in a wide range of applications, including rubber, ceramics, and cosmetics.
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 Thailand Zinc Oxide Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Zinc Oxide Market Revenues & Volume, 2022 & 2032F |
3.3 Thailand Zinc Oxide Market - Industry Life Cycle |
3.4 Thailand Zinc Oxide Market - Porter's Five Forces |
3.5 Thailand Zinc Oxide Market Revenues & Volume Share, By Process, 2022 & 2032F |
3.6 Thailand Zinc Oxide Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Thailand Zinc Oxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for zinc oxide in the cosmetics and personal care industry |
4.2.2 Growth in the pharmaceutical sector, where zinc oxide is used in various applications |
4.2.3 Rise in the adoption of zinc oxide in the rubber and tire manufacturing industry |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in zinc oxide production |
4.3.2 Stringent regulations related to environmental concerns and safety standards in manufacturing processes |
5 Thailand Zinc Oxide Market Trends |
6 Thailand Zinc Oxide Market, By Types |
6.1 Thailand Zinc Oxide Market, By Process |
6.1.1 Overview and Analysis |
6.1.2 Thailand Zinc Oxide Market Revenues & Volume, By Process, 2022-2032F |
6.1.3 Thailand Zinc Oxide Market Revenues & Volume, By Indirect Process (French Process), 2022-2032F |
6.1.4 Thailand Zinc Oxide Market Revenues & Volume, By Direct Process (American Process), 2022-2032F |
6.1.5 Thailand Zinc Oxide Market Revenues & Volume, By Wet Process, 2022-2032F |
6.2 Thailand Zinc Oxide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Zinc Oxide Market Revenues & Volume, By Rubber & Tyres, 2022-2032F |
6.2.3 Thailand Zinc Oxide Market Revenues & Volume, By Ceramics & Glass, 2022-2032F |
6.2.4 Thailand Zinc Oxide Market Revenues & Volume, By Pharmaceutical & Cosmetics, 2022-2032F |
6.2.5 Thailand Zinc Oxide Market Revenues & Volume, By Agriculture, 2022-2032F |
6.2.6 Thailand Zinc Oxide Market Revenues & Volume, By Paints & Coatings, 2022-2032F |
6.2.7 Thailand Zinc Oxide Market Revenues & Volume, By Others, 2022-2032F |
7 Thailand Zinc Oxide Market Import-Export Trade Statistics |
7.1 Thailand Zinc Oxide Market Export to Major Countries |
7.2 Thailand Zinc Oxide Market Imports from Major Countries |
8 Thailand Zinc Oxide Market Key Performance Indicators |
8.1 Percentage of zinc oxide used in new product formulations in the cosmetics industry |
8.2 Number of pharmaceutical patents filed using zinc oxide as a key ingredient |
8.3 Adoption rate of zinc oxide in rubber and tire manufacturing technologies |
9 Thailand Zinc Oxide Market - Opportunity Assessment |
9.1 Thailand Zinc Oxide Market Opportunity Assessment, By Process, 2022 & 2032F |
9.2 Thailand Zinc Oxide Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Thailand Zinc Oxide Market - Competitive Landscape |
10.1 Thailand Zinc Oxide Market Revenue Share, By Companies, 2025 |
10.2 Thailand Zinc Oxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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