Zinc Sulfate Market Report Expects the Market Value of USD 12.5 BN BY 2026
Posted On September 17, 2020
The Global Zinc Sulfate Market is anticipated to grow at a compound annual growth rate ( CAGR ) of 5.2% during 2020-2026 while it was close to USD 8.8 BN in 2019. The market will outgrow to USD 12.5 BN by 2026 as per the research conducted by Value Market Research. The growing demand for dietary supplements to treat deficiency disorders will be the key driving force for this market's growth. The extensive development witnessed by the agricultural sector and agrochemicals will create tremendous opportunities for market growth. Increasing the adoption of zinc sulfate in the manufacturing of latex products, brewing, and desulphurization processes will further boost the market's growth. The various hindrances affecting the zinc sulfate market are the side effects of the overuse of the compound and stringent rules put forth by the government concerning its environmental impact.
Zinc sulfate is an inorganic compound mainly used as a dietary supplement to treat and prevent zinc deficiency. Zinc, an essential micronutrient, plays a critical role in enhancing the immune function, stabilizing blood sugar levels, and keeping our skin, eyes, and heart-healthy. Various other zinc sulfate applications include a topical astringent, vital source of zinc in animal feeds, fertilizers, toothpaste, agricultural sprays, and to control moss growth on roofs. Historically called the white vitriol, this compound of zinc is used in rayon production and as a zinc supplement in the brewery, an essential mineral for optimal yeast performance and health.
"Global Zinc Sulfate Market Report By Type (Zinc Sulfate Anhydrous, Zinc Sulfate Hexahydrate, Zinc Sulfate Heptahydrate, Zinc Sulfate Monohydrate), By Application (Agrochemicals, Chemical, Pharmaceuticals, Synthetic Fibers, Water Treatment, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" report begins with the market introduction, market snapshot followed by in-depth regional revenue/volume for the next six years. The geo-economic factors and historic zinc sulfate industry trends are analysed to foresee and predict the forecasts for next six years.
On the basis of Type the market is segmented into Zinc Sulfate Anhydrous, Zinc Sulfate Hexahydrate, Zinc Sulfate Heptahydrate, Zinc Sulfate Monohydrate. By Application the zinc sulfate market is categorised as Agrochemicals (Fertilizer, Animal Feed, Herbicide, Others), Chemical (Dyes & Pigments, Catalyst, Preservative, Others), Pharmaceuticals (Dietary Supplement, Astringent, Others), Synthetic Fibers, Water Treatment, Others.The geographical segmentation of the report highlights the share of the revenue/volume spread globally as per region and country. The study in segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
The Report Segments Global Zinc Sulfate Market -
- Zinc Sulfate Anhydrous
- Zinc Sulfate Hexahydrate
- Zinc Sulfate Heptahydrate
- Zinc Sulfate Monohydrate
- Animal feed
- Dyes & pigments
- Dietary supplement
- Synthetic Fibers
- Water Treatment
- North America
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Changsha Latian Chemicals Co., Ltd., Midsouth Chemical, Rech Chemical Co. Ltd., Alpha Chemicals, Tianjin Xinxin Chemical Factory, Others.
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