Zinc Carbonate Prices Surge in Asia, as Demand Improves from Downstream Industries
- 07-Apr-2025 11:15 PM
- Journalist: Stella Fernandes
In Early April 2025, prices of Zinc carbonate experienced a significant rise in the Asian market which is primarily influenced by the demand from the downstream industries including Rubber, Pharmaceuticals and Agriculture sectors. In the rubber and plastics industry zinc carbonate is playing a very crucial role in tyre manufacturing as automotive production rebounds across major Asian economies. Also, it is used as a reinforcing agent in rubber formulations which enhances durability, elasticity and resistance to wear and tear.
The Asian market especially India shows a great rise in the price of zinc carbonate as the automotive sector shows a great boost in its demand. This boost in demand is driven by a combination of seasonal trends and the impact of recent US tariffs on imported automobiles. As the US imposed tariffs on imported vehicles and auto parts global automakers are reconsidering their supply chains, creating opportunities for Indian manufacturers. With India strengthening its position as an alternative hub, zinc carbonate producers are poised to benefit from this evolving market trend.
At the same time, the seasonal demand trends are further fuelling domestic vehicle sales. Automakers are capitalizing on these trends with aggressive market campaigns, special discounts and finance schemes. Rising vehicle production and exports indirectly incline the need for zinc carbonate as it is a crucial material in automobile sectors. Apart from the automotive sector, other sectors also show growth impacting the rising price of zinc carbonate.
In the Agriculture sector, the demand for zinc carbonate-based fertilizers is surging as farmers seek to improve crop yields. Zinc-enriched crops contribute to better human nutrition addressing dietary deficiencies. As soil zinc levels continue to decline the demand for zinc carbonate-based fertilizers is rising which supports sustainable agriculture and higher productivity. Meanwhile, the pharmaceutical and cosmetic industries also incline their consumption due to the increasing use of zinc carbonate in medicinal ointments and skincare products. With the growing demand from the dermatological treatment and wellness products, it continues to be an essential compound in pharmaceutical formulation.
Looking ahead, ChemAnanlyst forecasts that Zinc carbonate price in the Asian market appears promising as automobile sales and market activity are expected to increase in the upcoming months. Additionally, market activity in other sectors like pharmaceuticals and agriculture is also set to expand which is further supported by strong consumption levels. With seasonal demand surges and supply chain adjustments influencing consumption trends it can be anticipate that zinc carbonate prices will remain on an upward trajectory reflecting positive market sentiment across Asia.