Top 10 Companies in the Southeast Asia Zinc, Zinc Pigments and Salts Market (2026): Market Leaders Powering Regional Growth

In Business Insights
July 22, 2026

The Southeast Asia Zinc, Zinc Pigments and Salts market size was valued at USD 1.85 billion in 2025 and is projected to reach USD 2.53 billion by 2034, at a CAGR of 5.3% during the forecast period 2025‑2034.

Zinc, Zinc Pigments, and Salts encompass a range of zinc‑based products including metallic zinc, zinc oxide pigments, and various zinc salts used in industries such as galvanizing, rubber production, chemicals, and pharmaceuticals.

The Southeast Asia Zinc, Zinc Pigments and Salts market is experiencing steady growth, driven by increasing infrastructure development, growing automotive production, and expanding chemical and pharmaceutical industries across the region. In 2023, total consumption of zinc and zinc‑based products in Southeast Asia reached approximately 2.1 million metric tons, with Indonesia, Thailand, and Vietnam accounting for 70% of regional demand. The galvanizing sector remains the largest consumer, representing 50% of demand, followed by rubber and tire manufacturing at 20%, and chemicals at 15%. The market saw a significant boost from the recovery of construction activities and infrastructure projects, leading to a 12% increase in demand for galvanized steel in 2023. Metallic zinc dominates the market with a 60% share, followed by zinc oxide at 25% and zinc salts at 15%. Technological advancements have focused on improving the efficiency of zinc production, enhancing the performance of zinc pigments, and developing specialized zinc compounds for emerging applications. New zinc oxide grades offer up to 30% higher UV absorption and 20% better antimicrobial properties compared to 2020 standards. The market is witnessing strong growth in nanostructured zinc oxides, increasing at 14% annually, driven by their applications in advanced coatings and electronics. In 2023, stricter environmental regulations led to a 15% increase in the adoption of zinc‑rich primers as alternatives to chromate‑based coatings. The industry faces challenges from fluctuating zinc prices and competition from alternative materials in some applications, but the versatility and essential nature of zinc‑based products continue to drive demand across various sectors. Emerging applications in energy storage, particularly for zinc‑air batteries, are showing significant promise, with specialized zinc powders for these applications growing at 20% CAGR, albeit from a small base of 3% market share. Looking ahead, the market is expected to benefit from innovations in sustainable zinc production and recycling technologies, with eco‑friendly zinc products projected to grow at 10% CAGR through 2034.

Southeast Asia Zinc, Zinc Pigments and Salts Market – View in Detailed Research Report

Top 10 Companies in the Southeast Asia Zinc, Zinc Pigments and Salts Market


🔟 10. PT Timah (Persero) Tbk

Headquarters: Jakarta, Indonesia
Key Offering: Metallic zinc, zinc oxide pigments, zinc salts for galvanizing and chemical applications

PT Timah is Indonesia’s leading zinc producer, operating a vertically integrated supply chain from mining to smelting. The company’s focus on high‑purity zinc supports the region’s expanding automotive and construction sectors, while its research arm develops advanced zinc oxide grades for UV‑blocking coatings.

Sustainability & Growth Initiatives:

  • Investing in low‑emission smelting technologies to reduce CO₂ intensity.
  • Expanding zinc recycling programs across Southeast Asia.
  • Collaborating with local governments to promote zinc‑rich primers in new infrastructure projects.

🟥 9. Mitsui Mining & Smelting Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Zinc concentrates, metallic zinc, zinc oxide pigments for automotive and construction markets

Mitsui’s presence in Indonesia and Malaysia positions it as a key supplier for the region’s galvanizing and rubber industries. The company’s emphasis on process optimisation has reduced production costs, enabling competitive pricing in a price‑sensitive market.

Sustainability & Growth Initiatives:

  • Deploying waste‑heat recovery systems in smelting plants.
  • Partnering with local universities for zinc‑oxide research.
  • Expanding its zinc‑rich primer portfolio to replace chromate coatings.

🟧 8. Nyrstar

Headquarters: Brussels, Belgium
Key Offering: Metallic zinc, zinc oxide pigments, zinc sulfate for chemical and pharmaceutical applications

Nyrstar’s Southeast Asian operations focus on supplying high‑grade zinc to the growing pharmaceutical sector, where zinc’s antimicrobial properties are increasingly valued. The company’s integrated logistics network ensures timely delivery across the region.

Sustainability & Growth Initiatives:

  • Adopting renewable energy sources for smelting operations.
  • Launching a circular zinc economy program to close the loop on zinc waste.
  • Investing in nanostructured zinc oxide research for advanced coatings.

🟨 7. Doe Run Resources Corporation

Headquarters: Baltimore, USA
Key Offering: Metallic zinc, zinc chloride, zinc salts for industrial and chemical uses

Doe Run’s strategic acquisitions in Vietnam and Thailand enable it to supply zinc to the region’s expanding chemical and rubber manufacturing sectors. The company’s focus on product diversification supports resilience against commodity price swings.

Sustainability & Growth Initiatives:

  • Implementing zero‑liquid‑discharge policies at smelters.
  • Developing zinc‑rich primers to meet tightening environmental regulations.
  • Expanding its zinc powder production for battery applications.

🟩 6. Teck Resources Limited

Headquarters: Vancouver, Canada
Key Offering: Metallic zinc, zinc oxide pigments, zinc sulfates for construction and automotive markets

Teck’s Southeast Asian subsidiary supplies high‑purity zinc to the region’s galvanizing sector, leveraging its global expertise in mining and smelting. The company’s emphasis on sustainability has earned it recognition from regional regulators.

Sustainability & Growth Initiatives:

  • Investing in carbon‑capture technologies for smelting.
  • Collaborating with local governments to promote zinc‑rich primers.
  • Expanding zinc‑oxide research for antimicrobial coatings.

🟦 5. Hudbay Minerals Inc.

Headquarters: Toronto, Canada
Key Offering: Metallic zinc, zinc salts, zinc oxide pigments for industrial and chemical applications

Hudbay’s focus on high‑grade zinc production supports the region’s growing automotive and pharmaceutical sectors. The company’s integrated supply chain enhances its ability to meet fluctuating demand.

Sustainability & Growth Initiatives:

  • Deploying renewable energy solutions at smelting facilities.
  • Developing zinc‑rich primer solutions for construction projects.
  • Investing in zinc‑air battery research to capture emerging energy storage opportunities.

🟪 4. Korea Zinc Co., Ltd.

Headquarters: Seoul, South Korea
Key Offering: Metallic zinc, zinc oxide pigments, zinc chloride for automotive and chemical markets

Korea Zinc’s regional operations provide critical zinc supplies to Southeast Asia’s automotive and construction sectors. The company’s focus on product quality and process efficiency keeps it competitive in a cost‑sensitive market.

Sustainability & Growth Initiatives:

  • Implementing low‑energy smelting processes.
  • Expanding zinc‑rich primer production to replace chromate coatings.
  • Collaborating with research institutions on nanostructured zinc oxide applications.

🟫 3. Yunnan Chihong Zinc & Germanium Co., Ltd.

Headquarters: Kunming, China
Key Offering: Metallic zinc, zinc sulfate, zinc chloride for industrial and chemical uses

Yunnan Chihong’s focus on zinc and germanium blends supports the region’s chemical and electronics sectors. The company’s integrated mining and smelting operations allow it to respond quickly to market shifts.

Sustainability & Growth Initiatives:

  • Adopting energy‑efficient smelting technologies.
  • Expanding zinc‑rich primer production for construction projects.
  • Investing in zinc‑air battery research to capture energy storage demand.

🟧 2. Glencore plc

Headquarters: Baar, Switzerland
Key Offering: Metallic zinc, zinc oxide pigments, zinc salts for industrial and chemical markets

Glencore’s global zinc portfolio includes significant operations in Indonesia and Malaysia, providing a stable supply to the region’s galvanizing and rubber industries. The company’s focus on supply chain transparency enhances its competitive edge.

Sustainability & Growth Initiatives:

  • Implementing carbon‑neutral smelting initiatives.
  • Expanding zinc‑rich primer production to meet regulatory demands.
  • Investing in nanostructured zinc oxide research for advanced coatings.

🟥 1. Zijin Mining Group Co., Ltd.

Headquarters: Shanghai, China
Key Offering: Metallic zinc, zinc oxide pigments, zinc salts for automotive, construction, and chemical markets

Zijin’s extensive mining and smelting network supports the region’s growing demand for high‑purity zinc. The company’s investment in sustainable production processes positions it well for regulatory shifts and market demands.

Sustainability & Growth Initiatives:

  • Deploying renewable energy at smelting sites.
  • Expanding zinc‑rich primer production to replace chromate coatings.
  • Investing in zinc‑air battery research and development.

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🌍 Outlook: The Future of the Southeast Asia Zinc, Zinc Pigments and Salts Market

The market is poised to evolve as infrastructure projects continue to expand, and as regulatory pressures push for greener construction materials. Companies that can deliver high‑performance zinc‑rich primers and sustainable zinc products will capture the most value.

📈 Key Trends Shaping the Market:

  • Expansion of zinc‑rich primer usage to replace chromate coatings.
  • Growth in nanostructured zinc oxide applications in advanced coatings and electronics.
  • Emerging demand for zinc powders in zinc‑air battery technology.
  • Investment in sustainable zinc production and recycling initiatives.
  • Strategic partnerships between zinc producers and construction firms to secure supply chains.