Global Zinc Sulfate Market Growth 2023-2029

Global Zinc Sulfate Market Growth 2023-2029

Zinc sulfate is the inorganic compound with the formula ZnSO4 as well as any of three hydrates. It was historically known as "white vitriol". It is a powder that is colorless and completely water-soluble that is a common source of soluble zinc ions.

Monohydrate zinc sulfate and heptahydrate zinc sulfate have the same active components, but they differ on the number of water of hydration. Monohydrate zinc sulfate has one molecule of water in its molecular formula while heptahydrate zinc sulfate contains seven molecules of water in its molecular formula. As a result, monohydrate zinc sulfate contains higher active component of zinc which is about 35 – 36% as zinc while heptahydrate zinc sulfate contains about 20 – 22% as zinc. However, because of the difference in the number of water of hydration, heptahydrate zinc sulfate is less stable than monohydrate zinc sulfate because of its ability to absorb water is greater than the latter.

LPI (LP Information)' newest research report, the “Zinc Sulfate Industry Forecast” looks at past sales and reviews total world Zinc Sulfate sales in 2022, providing a comprehensive analysis by region and market sector of projected Zinc Sulfate sales for 2023 through 2029. With Zinc Sulfate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Zinc Sulfate industry.

This Insight Report provides a comprehensive analysis of the global Zinc Sulfate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Zinc Sulfate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Zinc Sulfate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Zinc Sulfate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Zinc Sulfate.

The global Zinc Sulfate market size is projected to grow from US$ 4436.9 million in 2022 to US$ 6413.5 million in 2029; it is expected to grow at a CAGR of 6413.5 from 2023 to 2029.

Global core zinc sulfate key players include Zinc Nacional, Bohigh, Kronos, Xinxin Chemical, Oldbridge, etc. The top five manufacturers hold a share over 36%.

China is the largest market, with a share over 40%, followed by North America with a share about 19%.

In terms of product, Monohydrate Zinc Sulfate is the largest segment, with a share over 55%. And in terms of application, the largest application is Agriculture and Animal Husbandry, followed by Industrial, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Zinc Sulfate market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Heptahydrate Zinc Sulfate

Monohydrate Zinc Sulfate

Segmentation by application

Agriculture and Animal Husbandry

Industrial

Food

Pharmaceuticals

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Bohigh Zinc Product

Zinc Nacional

ISKY CHEMICALS

Hebei Yuanda Zhongzheng BIO-TECH

Huaxing Zinc Chemical

Best-selling Chemical

Hunan Jingshi Group

Rech Chemical

Newsky Group

Huludao Zinc Industry

Shen Ye Industrial

Lantian Chemical

Old Bridge Chemicals

Sulfozyme Agro India

Akash Purochem Private Limited

Tianjin Xinxin Chemical Factory

DaHua Chemical

Kronos

Key Questions Addressed in this Report

What is the 10-year outlook for the global Zinc Sulfate market?

What factors are driving Zinc Sulfate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Zinc Sulfate market opportunities vary by end market size?

How does Zinc Sulfate break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.