Product Code: ETC195156 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India zinc phosphate market import shipments demonstrated robust growth with a CAGR of 13.7% from 2020 to 2024. Momentum accelerated further between 2023 and 2024, showcasing a growth rate of 20.4%. The market significantly expanded during the period, indicating a strong upward trend.
India is the second largest producer of zinc phosphate in Asia after China and has seen steady growth in production over the last few years. Zinc phosphate is used as an anti-corrosive agent for metal surfaces, mainly steel and iron, but also for other metals such as aluminium, brass and copper. It can be applied by coating or electroplating on both metallic and non-metallic surfaces. India has emerged as the leader in providing high quality products at competitive prices due to its strong manufacturing base and technological advancements.
Increased demand from the automobile industry ??? With the increasing trend of automobiles being manufactured with corrosion-resistant properties, there has been an increased demand for zinc phosphates which are used to coat the surface of metallic components that will provide protection against corrosion caused by environmental conditions like salt spray, etc. This has driven growth in India zinc phosphate market significantly over the past few years. Technological Advancements ??? The development of advanced technologies have helped reduce costs associated with the production process making it more economical thus driving further growth in the India market for zinc phosphates. The growing use of nanotechnology-based materials has improved performance characteristics leading to increased application scope across different industries including automotive, aerospace, etc., thereby boosting market expansion prospects further.
Environmental Concerns ??? Inhalation or ingestion of certain forms of zinc phosphate may cause health hazards leading to respiratory disorders or even cancer when exposed frequently over long periods resulting in concerns around usage safety & environmental regulations restricting its usage in many applications thereby posing a challenge for manufacturers & marketers operating within this space.
Major players operating within India Zinc Phosphate Market include BASF, PPG Industries Inc., Akzo Nobel N V , DuPont de Nemours Inc., CHT Germany GmbH, and Kemira OYJ among others.
Due to the lockdown imposed during the pandemic outbreak there was disruption across various industries which led a decrease in activity levels reducing overall consumption volumes and resulting in failing revenue figures however situation now seems favorable again where activities are gradually picking up pace supported by government initiatives hence bringing back consumer confidence& creating positive outlook ahead.
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 India Zinc Phosphate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Zinc Phosphate Market Revenues & Volume, 2021 & 2031F |
3.3 India Zinc Phosphate Market - Industry Life Cycle |
3.4 India Zinc Phosphate Market - Porter's Five Forces |
3.5 India Zinc Phosphate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Zinc Phosphate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Zinc Phosphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from the automotive sector for anti-corrosion coatings |
4.2.2 Growth in the construction industry leading to higher demand for zinc phosphate as a coating material |
4.2.3 Rising investments in infrastructure projects driving the consumption of zinc phosphate |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of zinc phosphate |
4.3.2 Stringent environmental regulations affecting the manufacturing and usage of zinc phosphate in certain applications |
5 India Zinc Phosphate Market Trends |
6 India Zinc Phosphate Market, By Types |
6.1 India Zinc Phosphate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Zinc Phosphate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Zinc Phosphate Market Revenues & Volume, By High Zinc Containing Zinc Phosphate, 2021-2031F |
6.1.4 India Zinc Phosphate Market Revenues & Volume, By Low Zinc Containing Zinc Phosphate, 2021-2031F |
6.2 India Zinc Phosphate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Zinc Phosphate Market Revenues & Volume, By Water Based Anticorrosive Coating, 2021-2031F |
6.2.3 India Zinc Phosphate Market Revenues & Volume, By Solvent Based Anticorrosive Coating, 2021-2031F |
6.2.4 India Zinc Phosphate Market Revenues & Volume, By Other, 2021-2031F |
7 India Zinc Phosphate Market Import-Export Trade Statistics |
7.1 India Zinc Phosphate Market Export to Major Countries |
7.2 India Zinc Phosphate Market Imports from Major Countries |
8 India Zinc Phosphate Market Key Performance Indicators |
8.1 Average selling price of zinc phosphate in the market |
8.2 Number of new product innovations and developments in the zinc phosphate sector |
8.3 Adoption rate of zinc phosphate in emerging applications |
8.4 Environmental compliance and sustainability initiatives within the zinc phosphate industry |
9 India Zinc Phosphate Market - Opportunity Assessment |
9.1 India Zinc Phosphate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Zinc Phosphate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Zinc Phosphate Market - Competitive Landscape |
10.1 India Zinc Phosphate Market Revenue Share, By Companies, 2024 |
10.2 India Zinc Phosphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |