Zinc Sulfide Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application

May 2025 | 99 pages | ID: Z772A374A741EN
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Zinc Sulfide Market Summary

Introduction

Zinc sulfide is a specialized inorganic compound valued for its luminescent, optical, and pigment properties, making it essential in applications ranging from phosphors to infrared optics. Produced through various methods like precipitation or vapor deposition, its quality varies significantly due to differences in production techniques, leading to inconsistent product performance across the market. The zinc sulfide market is driven by demand in electronics, optics, and coatings, with a fragmented industry structure lacking strong brand consolidation. Emerging trends include high-purity zinc sulfide for advanced optical components and sustainable production methods. Challenges include quality variability, high production costs, and competition from alternative materials like cadmium sulfide.

Market Size and Growth Forecast

The global zinc sulfide market is projected to reach USD 450–500 million by 2025, with an estimated compound annual growth rate (CAGR) of 4%–6% through 2030. Growth is driven by demand in infrared optics, phosphors, and pigments, supported by advancements in electronics and optical technologies.

Regional Analysis

Asia Pacific is expected to lead the zinc sulfide market with a growth rate of 5%–7%, driven by China, Japan, and South Korea. China’s dominance in electronics manufacturing and optical component production fuels significant consumption, supported by companies like Weifang Sunny. Japan’s advanced optics industry and South Korea’s electronics sector drive demand for high-purity zinc sulfide. North America, with a growth rate of 4%–6%, is led by the United States, where defense and aerospace applications boost infrared optics demand. Europe, with a growth rate of 3.5%–5.5%, sees demand in Germany and the UK for optical and phosphor applications, driven by precision manufacturing. South America, with growth estimated at 3%–5%, is supported by Brazil’s industrial coatings sector. The Middle East and Africa, with a growth rate of 2.5%–4.5%, experience demand in South Africa for pigments, though limited infrastructure constrains growth.

Application Analysis

Pigment: Expected to grow at 3.5%–5.5%, zinc sulfide is used in paints and plastics, with trends toward eco-friendly formulations.

Phosphor: Projected to grow at 4.5%–6.5%, this segment supports displays and lighting, driven by demand in electronics.

Infrared Optical Component: With growth estimated at 5%–7%, zinc sulfide is critical for defense and aerospace optics, with trends toward high-purity crystals.

Others: This segment, with growth of 3%–5%, includes niche applications like sensors.

Key Market Players

Venator Materials: A UK-based firm, Venator produces zinc sulfide for pigments, focusing on coatings and plastics.

Coherent: A US company, Coherent supplies zinc sulfide for infrared optics, known for its advanced optical solutions.

Sydor Optics: A US manufacturer, Sydor Optics produces zinc sulfide optics for defense applications.

Crystran: A UK firm, Crystran supplies zinc sulfide for optical components, emphasizing precision.

Hellma: A German company, Hellma produces zinc sulfide for spectroscopy and optics.

Weifang Sunny Special Material: A Chinese leader with 5,000 tons of capacity, it focuses on zinc sulfide powders for optics and phosphors.

Vital Materials: A Chinese firm, Vital supplies zinc sulfide for advanced optical applications.

Porter’s Five Forces Analysis
  • Threat of New Entrants: Moderate. High technical expertise and capital costs create barriers, but fragmented production in China encourages new entrants.
  • Threat of Substitutes: Moderate. Cadmium sulfide and other compounds compete, but zinc sulfide’s unique properties maintain its edge in optics and phosphors.
  • Bargaining Power of Buyers: Moderate to High. Buyers in electronics and optics have negotiating power due to multiple suppliers, but high-purity requirements limit options.
  • Bargaining Power of Suppliers: Moderate. Zinc and sulfur suppliers have some leverage, but global availability mitigates this.
  • Competitive Rivalry: High. Fragmented players like Weifang Sunny and global firms like Coherent compete on quality and innovation, driving rivalry.
Market Opportunities and Challenges

Opportunities
  • Electronics Growth: Demand for phosphors in displays and lighting boosts zinc sulfide use in Asia Pacific.
  • Defense and Aerospace: Infrared optics demand in North America and Europe supports high-purity zinc sulfide growth.
  • Sustainable Production: Eco-friendly methods align with regulations, fostering market expansion.
  • Emerging Markets: Industrial growth in Latin America and Africa offers expansion potential.
  • Technological Advancements: High-purity zinc sulfide for advanced optics drives growth in specialized applications.
Challenges
  • Quality Variability: Inconsistent production methods hinder brand consolidation and market trust.
  • High Production Costs: Complex synthesis processes limit affordability in cost-sensitive applications.
  • Regulatory Hurdles: Environmental regulations increase compliance costs in developed regions.
  • Alternative Materials: Cadmium sulfide and other compounds threaten market share.
  • Supply Chain Risks: Dependency on zinc and sulfur supplies poses logistical challenges.
CHAPTER 1 EXECUTIVE SUMMARY

CHAPTER 2 ABBREVIATION AND ACRONYMS

CHAPTER 3 PREFACE

3.1 Research Scope
3.2 Research Sources
  3.2.1 Data Sources
  3.2.2 Assumptions
3.3 Research Method

CHAPTER 4 MARKET LANDSCAPE

4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users

CHAPTER 5 MARKET TREND ANALYSIS

5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats

CHAPTER 6 INDUSTRY CHAIN ANALYSIS

6.1 Upstream/Suppliers Analysis
6.2 Zinc Sulfide Analysis
  6.2.1 Technology Analysis
  6.2.2 Cost Analysis
  6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users

CHAPTER 7 LATEST MARKET DYNAMICS

7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics

CHAPTER 8 TRADING ANALYSIS

8.1 Export of Zinc Sulfide by Region
8.2 Import of Zinc Sulfide by Region
8.3 Balance of Trade

CHAPTER 9 HISTORICAL AND FORECAST ZINC SULFIDE MARKET IN NORTH AMERICA (2020-2030)

9.1 Zinc Sulfide Market Size
9.2 Zinc Sulfide Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
  9.5.1 United States
  9.5.2 Canada
  9.5.3 Mexico

CHAPTER 10 HISTORICAL AND FORECAST ZINC SULFIDE MARKET IN SOUTH AMERICA (2020-2030)

10.1 Zinc Sulfide Market Size
10.2 Zinc Sulfide Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
  10.5.1 Brazil
  10.5.2 Argentina
  10.5.3 Chile
  10.5.4 Peru

CHAPTER 11 HISTORICAL AND FORECAST ZINC SULFIDE MARKET IN ASIA & PACIFIC (2020-2030)

11.1 Zinc Sulfide Market Size
11.2 Zinc Sulfide Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
  11.5.1 China
  11.5.2 India
  11.5.3 Japan
  11.5.4 South Korea
  11.5.5 Southest Asia
  11.5.6 Australia

CHAPTER 12 HISTORICAL AND FORECAST ZINC SULFIDE MARKET IN EUROPE (2020-2030)

12.1 Zinc Sulfide Market Size
12.2 Zinc Sulfide Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
  12.5.1 Germany
  12.5.2 France
  12.5.3 United Kingdom
  12.5.4 Italy
  12.5.5 Spain
  12.5.6 Belgium
  12.5.7 Netherlands
  12.5.8 Austria
  12.5.9 Poland
  12.5.10 Russia

CHAPTER 13 HISTORICAL AND FORECAST ZINC SULFIDE MARKET IN MEA (2020-2030)

13.1 Zinc Sulfide Market Size
13.2 Zinc Sulfide Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
  13.5.1 Egypt
  13.5.2 Israel
  13.5.3 South Africa
  13.5.4 Gulf Cooperation Council Countries
  13.5.5 Turkey

CHAPTER 14 SUMMARY FOR GLOBAL ZINC SULFIDE MARKET (2020-2025)

14.1 Zinc Sulfide Market Size
14.2 Zinc Sulfide Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price

CHAPTER 15 GLOBAL ZINC SULFIDE MARKET FORECAST (2025-2030)

15.1 Zinc Sulfide Market Size Forecast
15.2 Zinc Sulfide Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast

CHAPTER 16 ANALYSIS OF GLOBAL KEY VENDORS

16.1 Venator Materials
  16.1.1 Company Profile
  16.1.2 Main Business and Zinc Sulfide Information
  16.1.3 SWOT Analysis of Venator Materials
  16.1.4 Venator Materials Zinc Sulfide Sales, Revenue, Price and Gross Margin (2020-2025)
16.2 Coherent
  16.2.1 Company Profile
  16.2.2 Main Business and Zinc Sulfide Information
  16.2.3 SWOT Analysis of Coherent
  16.2.4 Coherent Zinc Sulfide Sales, Revenue, Price and Gross Margin (2020-2025)
16.3 Sydor Optics
  16.3.1 Company Profile
  16.3.2 Main Business and Zinc Sulfide Information
  16.3.3 SWOT Analysis of Sydor Optics
  16.3.4 Sydor Optics Zinc Sulfide Sales, Revenue, Price and Gross Margin (2020-2025)
16.4 Crystran
  16.4.1 Company Profile
  16.4.2 Main Business and Zinc Sulfide Information
  16.4.3 SWOT Analysis of Crystran
  16.4.4 Crystran Zinc Sulfide Sales, Revenue, Price and Gross Margin (2020-2025)
16.5 Hellma
  16.5.1 Company Profile
  16.5.2 Main Business and Zinc Sulfide Information
  16.5.3 SWOT Analysis of Hellma
  16.5.4 Hellma Zinc Sulfide Sales, Revenue, Price and Gross Margin (2020-2025)
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Tables and Figures
Table Abbreviation and Acronyms List
Table Research Scope of Zinc Sulfide Report
Table Data Sources of Zinc Sulfide Report
Table Major Assumptions of Zinc Sulfide Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Zinc Sulfide Picture
Table Zinc Sulfide Classification
Table Zinc Sulfide Applications List
Table Drivers of Zinc Sulfide Market
Table Restraints of Zinc Sulfide Market
Table Opportunities of Zinc Sulfide Market
Table Threats of Zinc Sulfide Market
Table Raw Materials Suppliers List
Table Different Production Methods of Zinc Sulfide
Table Cost Structure Analysis of Zinc Sulfide
Table Key End Users List
Table Latest News of Zinc Sulfide Market
Table Merger and Acquisition List
Table Planned/Future Project of Zinc Sulfide Market
Table Policy of Zinc Sulfide Market
Table 2020-2030 Regional Export of Zinc Sulfide
Table 2020-2030 Regional Import of Zinc Sulfide
Table 2020-2030 Regional Trade Balance
Figure 2020-2030 Regional Trade Balance
Table 2020-2030 North America Zinc Sulfide Market Size and Market Volume List
Figure 2020-2030 North America Zinc Sulfide Market Size and CAGR
Figure 2020-2030 North America Zinc Sulfide Market Volume and CAGR
Table 2020-2030 North America Zinc Sulfide Demand List by Application
Table 2020-2025 North America Zinc Sulfide Key Players Sales List
Table 2020-2025 North America Zinc Sulfide Key Players Market Share List
Table 2020-2030 North America Zinc Sulfide Demand List by Type
Table 2020-2025 North America Zinc Sulfide Price List by Type
Table 2020-2030 United States Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 United States Zinc Sulfide Import & Export List
Table 2020-2030 Canada Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Canada Zinc Sulfide Import & Export List
Table 2020-2030 Mexico Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Mexico Zinc Sulfide Import & Export List
Table 2020-2030 South America Zinc Sulfide Market Size and Market Volume List
Figure 2020-2030 South America Zinc Sulfide Market Size and CAGR
Figure 2020-2030 South America Zinc Sulfide Market Volume and CAGR
Table 2020-2030 South America Zinc Sulfide Demand List by Application
Table 2020-2025 South America Zinc Sulfide Key Players Sales List
Table 2020-2025 South America Zinc Sulfide Key Players Market Share List
Table 2020-2030 South America Zinc Sulfide Demand List by Type
Table 2020-2025 South America Zinc Sulfide Price List by Type
Table 2020-2030 Brazil Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Brazil Zinc Sulfide Import & Export List
Table 2020-2030 Argentina Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Argentina Zinc Sulfide Import & Export List
Table 2020-2030 Chile Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Chile Zinc Sulfide Import & Export List
Table 2020-2030 Peru Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Peru Zinc Sulfide Import & Export List
Table 2020-2030 Asia & Pacific Zinc Sulfide Market Size and Market Volume List
Figure 2020-2030 Asia & Pacific Zinc Sulfide Market Size and CAGR
Figure 2020-2030 Asia & Pacific Zinc Sulfide Market Volume and CAGR
Table 2020-2030 Asia & Pacific Zinc Sulfide Demand List by Application
Table 2020-2025 Asia & Pacific Zinc Sulfide Key Players Sales List
Table 2020-2025 Asia & Pacific Zinc Sulfide Key Players Market Share List
Table 2020-2030 Asia & Pacific Zinc Sulfide Demand List by Type
Table 2020-2025 Asia & Pacific Zinc Sulfide Price List by Type
Table 2020-2030 China Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 China Zinc Sulfide Import & Export List
Table 2020-2030 India Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 India Zinc Sulfide Import & Export List
Table 2020-2030 Japan Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Japan Zinc Sulfide Import & Export List
Table 2020-2030 South Korea Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 South Korea Zinc Sulfide Import & Export List
Table 2020-2030 Southeast Asia Zinc Sulfide Market Size List
Table 2020-2030 Southeast Asia Zinc Sulfide Market Volume List
Table 2020-2030 Southeast Asia Zinc Sulfide Import List
Table 2020-2030 Southeast Asia Zinc Sulfide Export List
Table 2020-2030 Australia Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Australia Zinc Sulfide Import & Export List
Table 2020-2030 Europe Zinc Sulfide Market Size and Market Volume List
Figure 2020-2030 Europe Zinc Sulfide Market Size and CAGR
Figure 2020-2030 Europe Zinc Sulfide Market Volume and CAGR
Table 2020-2030 Europe Zinc Sulfide Demand List by Application
Table 2020-2025 Europe Zinc Sulfide Key Players Sales List
Table 2020-2025 Europe Zinc Sulfide Key Players Market Share List
Table 2020-2030 Europe Zinc Sulfide Demand List by Type
Table 2020-2025 Europe Zinc Sulfide Price List by Type
Table 2020-2030 Germany Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Germany Zinc Sulfide Import & Export List
Table 2020-2030 France Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 France Zinc Sulfide Import & Export List
Table 2020-2030 United Kingdom Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 United Kingdom Zinc Sulfide Import & Export List
Table 2020-2030 Italy Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Italy Zinc Sulfide Import & Export List
Table 2020-2030 Spain Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Spain Zinc Sulfide Import & Export List
Table 2020-2030 Belgium Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Belgium Zinc Sulfide Import & Export List
Table 2020-2030 Netherlands Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Netherlands Zinc Sulfide Import & Export List
Table 2020-2030 Austria Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Austria Zinc Sulfide Import & Export List
Table 2020-2030 Poland Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Poland Zinc Sulfide Import & Export List
Table 2020-2030 Russia Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Russia Zinc Sulfide Import & Export List
Table 2020-2030 MEA Zinc Sulfide Market Size and Market Volume List
Figure 2020-2030 MEA Zinc Sulfide Market Size and CAGR
Figure 2020-2030 MEA Zinc Sulfide Market Volume and CAGR
Table 2020-2030 MEA Zinc Sulfide Demand List by Application
Table 2020-2025 MEA Zinc Sulfide Key Players Sales List
Table 2020-2025 MEA Zinc Sulfide Key Players Market Share List
Table 2020-2030 MEA Zinc Sulfide Demand List by Type
Table 2020-2025 MEA Zinc Sulfide Price List by Type
Table 2020-2030 Egypt Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Egypt Zinc Sulfide Import & Export List
Table 2020-2030 Israel Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Israel Zinc Sulfide Import & Export List
Table 2020-2030 South Africa Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 South Africa Zinc Sulfide Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Zinc Sulfide Import & Export List
Table 2020-2030 Turkey Zinc Sulfide Market Size and Market Volume List
Table 2020-2030 Turkey Zinc Sulfide Import & Export List
Table 2020-2025 Global Zinc Sulfide Market Size List by Region
Table 2020-2025 Global Zinc Sulfide Market Size Share List by Region
Table 2020-2025 Global Zinc Sulfide Market Volume List by Region
Table 2020-2025 Global Zinc Sulfide Market Volume Share List by Region
Table 2020-2025 Global Zinc Sulfide Demand List by Application
Table 2020-2025 Global Zinc Sulfide Demand Market Share List by Application
Table 2020-2025 Global Zinc Sulfide Capacity List
Table 2020-2025 Global Zinc Sulfide Key Vendors Capacity Share List
Table 2020-2025 Global Zinc Sulfide Key Vendors Production List
Table 2020-2025 Global Zinc Sulfide Key Vendors Production Share List
Figure 2020-2025 Global Zinc Sulfide Capacity Production and Growth Rate
Table 2020-2025 Global Zinc Sulfide Key Vendors Production Value List
Figure 2020-2025 Global Zinc Sulfide Production Value and Growth Rate
Table 2020-2025 Global Zinc Sulfide Key Vendors Production Value Share List
Table 2020-2025 Global Zinc Sulfide Demand List by Type
Table 2020-2025 Global Zinc Sulfide Demand Market Share List by Type
Table 2020-2025 Regional Zinc Sulfide Price List
Table 2025-2030 Global Zinc Sulfide Market Size List by Region
Table 2025-2030 Global Zinc Sulfide Market Size Share List by Region
Table 2025-2030 Global Zinc Sulfide Market Volume List by Region
Table 2025-2030 Global Zinc Sulfide Market Volume Share List by Region
Table 2025-2030 Global Zinc Sulfide Demand List by Application
Table 2025-2030 Global Zinc Sulfide Demand Market Share List by Application
Table 2025-2030 Global Zinc Sulfide Capacity List
Table 2025-2030 Global Zinc Sulfide Key Vendors Capacity Share List
Table 2025-2030 Global Zinc Sulfide Key Vendors Production List
Table 2025-2030 Global Zinc Sulfide Key Vendors Production Share List
Figure 2025-2030 Global Zinc Sulfide Capacity Production and Growth Rate
Table 2025-2030 Global Zinc Sulfide Key Vendors Production Value List
Figure 2025-2030 Global Zinc Sulfide Production Value and Growth Rate
Table 2025-2030 Global Zinc Sulfide Key Vendors Production Value Share List
Table 2025-2030 Global Zinc Sulfide Demand List by Type
Table 2025-2030 Global Zinc Sulfide Demand Market Share List by Type
Table 2025-2030 Zinc Sulfide Regional Price List
Table Venator Materials Information
Table SWOT Analysis of Venator Materials
Table 2020-2025 Venator Materials Zinc Sulfide Product Capacity Production Price Cost Production Value
Figure 2020-2025 Venator Materials Zinc Sulfide Capacity Production and Growth Rate
Figure 2020-2025 Venator Materials Zinc Sulfide Market Share
Table Coherent Information
Table SWOT Analysis of Coherent
Table 2020-2025 Coherent Zinc Sulfide Product Capacity Production Price Cost Production Value
Figure 2020-2025 Coherent Zinc Sulfide Capacity Production and Growth Rate
Figure 2020-2025 Coherent Zinc Sulfide Market Share
Table Sydor Optics Information
Table SWOT Analysis of Sydor Optics
Table 2020-2025 Sydor Optics Zinc Sulfide Product Capacity Production Price Cost Production Value
Figure 2020-2025 Sydor Optics Zinc Sulfide Capacity Production and Growth Rate
Figure 2020-2025 Sydor Optics Zinc Sulfide Market Share
Table Crystran Information
Table SWOT Analysis of Crystran
Table 2020-2025 Crystran Zinc Sulfide Product Capacity Production Price Cost Production Value
Figure 2020-2025 Crystran Zinc Sulfide Capacity Production and Growth Rate
Figure 2020-2025 Crystran Zinc Sulfide Market Share
Table Hellma Information
Table SWOT Analysis of Hellma
Table 2020-2025 Hellma Zinc Sulfide Product Capacity Production Price Cost Production Value
Figure 2020-2025 Hellma Zinc Sulfide Capacity Production and Growth Rate
Figure 2020-2025 Hellma Zinc Sulfide Market Share
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