Global Zinc Sulfate Market was valued US$ XX Mn in 2017 and is expected to reach US$ XX Mn by 2026 at a CAGR of XX%.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global zinc sulfate market dynamics, structure by identifying and analyzing the market segments and projects the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global zinc sulfate market.
Zinc sulfate is used as a basis of zinc in cases of zinc deficiencies. A major driver for the global zinc sulfate market is the increasing demand for zinc sulfate in the agricultural industry. Zinc sulfate is typically used as a fertilizer additive in the agricultural industry for preventing and correcting zinc deficiency in crops.
Zinc sulfate is the most usually used source of zinc in granular fertilizers due to its high solubility in water and low cost of production. Zinc sulfate heptahydrate and zinc sulfate monohydrate display high solubility in soil and are appropriate for use in all types of soils.
Agrochemicals segment is dominating the zinc sulfate market. Zinc sulfate accounted for high growth of application in agrochemicals for fertilizers and animal feed supplements. It is useful on crops, especially pecans, deciduous fruits, peanuts, cotton, corn, and citrus, and added to feeds for cattle, swine, and poultry. In the past year, zinc sulfate fertilizer has gained at the expenditure of zinc oxysulfate, produced from steel furnace fly-ash. Fear of attendant undesirable heavy metals (e.g., chromium) resulted in nearly oxysulfate displacement in the fertilizer market.
Region-wise, the Asia Pacific is expected to lead the market share for zinc sulfate, followed by the Middle East & Africa, which is further lagged by Europe. In the Asia Pacific, South Asian countries like India, Bangladesh, Sri Lanka, Malaysia, Indonesia, have a high prevalence of zinc deficient population is creating growing demand for zinc sulfate.
India with a high percentage of the population engaged in occupation relating to agriculture & farming owing to high infant mortality cases is taking steps to combat zinc deficiency in population by supplementing crops with zinc sulfate fertilizers, pesticides, and fungicide. Though, consumption is likely to decline in China, in line with decreasing lithopone pigment production.
The scope of Global Zinc Sulfate Market
Global Zinc Sulfate Market, by Type
• Zinc sulfate anhydrous
• Zinc sulfate monohydrate
• Zinc sulfate hexahydrate
• Zinc sulfate heptahydrate
Global Zinc Sulfate Market, by Application
• Medicine
• Agrochemical
• Chemical
• Water treatment
• Agriculture
Global Zinc Sulfate Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Zinc Sulfate Market
• Zinc Nacional
• Colakoglu
• Chandigarh Chemicals
• ISKY
• Bohigh
• Xinxin Chemical
• God Leaves
• Hebei Yuanda
• Hunan Jingshi
• Rech Chemical
• Newsky
• Best-selling Chemical
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