Zinc Chloride Market Expected to Reach USD 0.49 Billion by 2032 | Growing at a CAGR of 5.20%

Market Research Future (MRFR) has published the latest research report on the “Global Zinc Chloride Market” that contains information from 2018 to 2032. The Zinc Chloride market is estimated to register a CAGR of 5.20% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Zinc Chloride market— Zaclon LLC, Costal Zinc Group, TIB Chemicals, Flaurea Chemicals, Vap Industries, Haihang Industries, Haryana Chemical Industries, Pinkto Chemicals, Jinzhou Jitian Zinc Industry Co., Ltd., Weifang Dongfangsheng Chemical Co., Ltd., Lipmes SA, HaloPolymer OJSC, Tianjin Nanping Chemical Co., Ltd., Sigma Chemical Industries, and Yanggu Zhongtian Zinc Industry Co., Ltd.

Market Highlights

The global Zinc Chloride market is accounted to register a CAGR of 5.20% during the forecast period and is estimated to reach USD 0.497 billion by 2032.

The zinc chloride market will be significantly influenced by the growth of the textile sector, which is anticipated to raise zinc chloride demand over the course of the forecast period. In addition, the chemical industry uses zinc chloride to make colours, solvents such ethyl acetate, epigastric discomfort, and pharyngeal edoema. Manufacturers of zinc chloride are finding that there are plenty of chances to boost sales by developing new products, thanks to technological developments in the automotive sector that support the use of zinc chloride as a coagulant. The product's chemical properties may be driving up demand, which would support this expansion.

Segment Analysis

The global Zinc Chloride market has been segmented based on Grade, Form, and End Use Sectors

Based on Grade, the global Zinc Chloride market has been segmented into High Purity Grade, Battery Grade, Technical Grade, and Commercial Grade. The Battery Grade segment was expected to hold the largest market share in 2022. The surge is connected to a rising need for batteries, particularly within the electric vehicle (EV) sector.

Based on Form, the global Zinc Chloride market has been segmented into Powder and Liquid. The powder segment was anticipated to hold the major market share in 2022. This is credited to its adaptability and convenience in a range of applications. Powdered zinc chloride is a prevalent choice in battery production, as well as in the pharmaceutical and chemical sectors.

Based on End Use Sectors, the global Zinc Chloride market has been segmented into Electronics, Chemical, Agriculture, Pharmaceuticals, and Others. The electronics segment was anticipated to hold the major market share in 2022. Extensively employed in electronics, zinc chloride plays a crucial role in soldering fluxes, and galvanizing procedures, and serves as a component in diverse electronic devices.

Regional Analysis

The global Zinc Chloride market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of the US and Canada. The Europe Zinc Chloride market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Zinc Chloride market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Zinc Chloride market comprises of Middle East, Africa, and Latin America.

The largest market share for Zinc Chloride was maintained by the North American regional sector. This has been attributed to its cutting-edge technological infrastructure and substantial investments in research and development. The region houses dynamic industries such as electronics, pharmaceuticals, and automotive, all major consumers of zinc chloride. Vigorous R&D endeavors and a commitment to sustainable technologies propel the demand for zinc chloride in advanced applications, solidifying North America's position as a key market influencer.

Moreover, the Europe market has been persistently growing over the forecast period owing to its dedication to stringent environmental regulations and sustainable practices. European nations prioritize eco-friendly solutions, elevating the prominence of zinc chloride with its versatile and sustainable applications. Additionally, the shift towards electric vehicles in the European automotive industry fuels the demand for zinc chloride in battery production, further establishing the region's dominance.

Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period propelled by swift industrialization, a burgeoning population, and robust economic development. Countries like China and India experience heightened demand for zinc chloride across diverse industries, including electronics, agriculture, and textiles. The region's growth, coupled with the expansion of electric vehicle production, positions Asia-Pacific as a pivotal market for zinc chloride, playing a crucial role in various industrial applications.

Furthermore, the rest of the world's Zinc Chloride market is divided into the Middle East, Africa, and Latin America. This growth is attributed to industrial capabilities and growing demand for zinc chloride.

Key Findings of the Study

• The global Zinc Chloride market is expected to reach USD 0.497 billion by 2032, at a CAGR of 5.20% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to industrialization, a burgeoning population, and robust economic development


• Based on Grade, the battery grade segment was attributed to holding the largest market in 2022, with an approximate one-third market share.


• Zaclon LLC, Costal Zinc Group, TIB Chemicals, Flaurea Chemicals, Vap Industries, Haihang Industries, Haryana Chemical Industries, Pinkto Chemicals, Jinzhou Jitian Zinc Industry Co., Ltd., Weifang Dongfangsheng Chemical Co., Ltd., Lipmes SA, HaloPolymer OJSC, Tianjin Nanping Chemical Co., Ltd., Sigma Chemical Industries, and Yanggu Zhongtian Zinc Industry Co., Ltd.