Zinc Sulfate Market was valued at US$ 5.2 Bn. in 2020. Global Zinc Sulfate Market size is estimated to grow at a CAGR of 7.63%.
Zinc Sulfate Market Overview:Zinc Sulphate is a crystalline solid. It occurs in the three stable hydrated form, which are ZnSO4.H2O (ZnSO4 Monohydrate) ZnSO4.6H2O (ZnSO4 hexahydrate) ZnSO4.7H2O (ZnSO4 heptahydrate). It is usually made by treating zinc, zinc sulphide, oxide, or carbonate with sulphuric acid. Zinc sulfate is widely used as preservative for leather, wood, and skin. It is widely preferred in water treatment for water purification process, flotation process of mineral separation, bleaching paper, and electro-deposition. Zinc Sulphate market provides the detail analysis of the market dynamics like drivers, restraints, opportunities and challenges. In the report, we have considered, 2020 is considered a base year however 2020’s numbers are on the real output of the companies in the market. Special attention is given to 2020, the effect of lockdown on the demand and supply, and the impact of lockdown for the next two years on the market.
Zinc Sulfate Market Dynamics:An increase in prevalence of zinc deficiency among population across globe, acceptance in pharmaceutical applications like dietary supplements, parenteral nutrition, oral rehydration products, and nutraceuticals and incidence of gastroenterological diseases are some of the driving factors behind the market growth. The use of zinc sulfate in various industrial chemicals, agrochemicals and other significant uses like corrosion inhibitors in water-treatment systems, flotation agents in mining sector and production of the detergent and cosmetics products are also boosting the production of the zinc sulfate. Zinc (Zn) deficiency affects agricultural soils. Zinc deficiency in humans is mainly problematic for women and children in developing countries. The majority of food intake, which consist cereal grains is the main reason behind the Zinc (Zn) deficiency. The growing global population is increasing the requirement to intake enough food that is of a sufficient nutritional quality. It leads to a situation of intensified food production, which means nutrients essential to be added to food crops in the form of fertilisers with Zinc. According to World Health Organization, zinc deficiency is responsible for lower respiratory tract infections, diarrheal diseases and malaria, which leads to number of deaths. An increase in Zinc (Zn) deficiency is expected to increase the demand for zinc sulfate tablet. Lack of Raw material availability declines the Zinc Sulfate production The raw materials of Zinc Sulphate production are zinc ash, which is mainly imported because of the lack of its availability in developing nations like India. In current market scenario, there have been significant problems in meeting the requirement of Zinc ash in India due to restrictions imposed by the Government on the import of Zinc ash. Zinc Sulphate industry has dominated entirely by the small-scale industries sector, which is facing the nonavailability of imported zinc ash, the critical raw material. Key players are forming robust footprints in the global zinc sulfate market by new product launches. Key players are forming robust footprints in the global zinc sulfate market by new product launches and high investment in the zinc sulfate production. For instance, Rama Phosphates has launched zinc sulfate mono-hydrate. The company has made this product under the brand name Girnar Zinc Gold, which is mainly used for oil seed crops, paddy, and sugarcane in small quantity as per the requirement.
Zinc Sulfate Market Segment Analysis:Based on applications, zinc sulphate market is segmented into medicine, agrochemical, chemical, water treatment and others. Among these, it finds as input in agricultural operations. It is broadly used in the agricultural industry as a fertilizer to prevent zinc deficiency. Its usages in in agriculture is gaining importance as a micronutrient and for the control of certain plant diseases. Zinc sulphate is a playing a vital role in the agricultural industry, particularly when it comes to countering the various levels of zinc deficiencies. It is used as a fertilizer and agricultural sprays to increase zinc deficiency in crops and improve soil nutrient value. It helps the plant grow better and increase the productivity for the crops and companies. Some of main reasons behind the agricultural industry uses zinc sulphate are To Increase Plant Growth and Development, to counter the effects of cool soil temperatures, to improve soil fertility, to help with topsoil removal, to counter the effects of excess phosphorus fertilizers.
Zinc Sulfate Market Regional Insights:Asia Pacific region is emerging zinc sulfate market An increase in prevalence of zinc deficient population is expected to drive the demand for zinc sulfate. The region is one of the largest regional consumers for fertilizer because of the presence of large-scale production of crops. In India, population is engaged in occupations related to agriculture. India is a net exporter of pesticides to countries such as USA and some European & African countries because of its inherent strength of low-cost manufacturing and qualified low-cost manpower. With the growing deficiency of Zinc in Indian soils, zinc has emerged as the third most important nutrient for crop production after Nitrogenous and Phosphatic fertiliser across country. It leads to take step to combat zinc deficiency in the population by supplementing crops with zinc sulfate fertilizers, pesticides, and fungicide. The Government official statistics have estimated the potential annual demand of Zinc Sulphate at around more than 5 lakh tonnes per annum in the case of severely deficient districts. Rapid chemical industrialization, and disposable income with changing lifestyles are contributing to the growth of the regional zinc sulfate market. The objective of the report is to present a comprehensive analysis of the global Zinc Sulfate Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Zinc Sulfate Market dynamic, structure by analyzing the market segments and projecting the Zinc Sulfate Market size. Clear representation of competitive analysis of key players by Application, price, financial position, product portfolio, growth strategies, and regional presence in the Zinc Sulfate Market make the report investor’s guide.
Global Zinc Sulfate Market Scope:
Zinc Sulfate Market Report Coverage Details Base Year: 2020 Forecast Period: 2021-2027 Historical Data: 2016 to 2020 Market Size in 2020: US $ 5.2 Bn. Forecast Period 2021 to 2027 CAGR: 7.63% Market Size in 2027: US $ 8.7 Bn. Segments Covered: by Type • Zinc Sulfate Anhydrous • Zinc Sulfate Monohydrate • Zinc Sulfate Hexahydrate • Zinc Sulfate Heptahydrate by Application • Medicine • Agrochemical • Chemical • Water Treatment • Others
Global Zinc Sulfate Market by Region• North America • Europe • Asia Pacific • Latin America • The Middle East and Africa
Global Zinc Sulfate Market Key Players• Changsha Latian Chemicals Co. Ltd • Tianjin Topfert Agrochemicial Co • Changsha Haolin Chemicals Co.Ltd • Midsouth Chemical • Tianjin Xinxin Chemical Factory • Rech Chemical Co. Ltd • Ravi Chem Industries • Balaji Industries • Old Bridge Chemical, Inc. • China Bohigh • Alpha Chemicals • Zinc Nacional • Gupta Agri Care • Sulfozyme Agro India Pvt. Ltd • Sigma-Aldrich, Inc. Frequently Asked Questions: 1] What segments are covered in the Zinc Sulfate Market report? Ans. The segments covered in the Zinc Sulfate Market report are based on Type and Application. 2] Which region is expected to hold the highest share in the Zinc Sulfate Market? Ans. The Asia Pacific region is expected to hold the highest share in the Zinc Sulfate Market. 3] What is the market size of the Zinc Sulfate Market by 2027? Ans. The market size of the Zinc Sulfate Market by 2027 is expected to reach US$ 5.2 Bn. 4] What is the forecast period for the Zinc Sulfate Market? Ans. The forecast period for the Zinc Sulfate Market is 2020-2027. 5] What was the market size of the Zinc Sulfate Market in 2020? Ans. The market size of the Zinc Sulfate Market in 2020 was US$ 8.7 Bn.
1. Global Zinc Sulfate Market Size: Research Methodology 2. Global Zinc Sulfate Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Zinc Sulfate Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Zinc Sulfate Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Zinc Sulfate Market Size Segmentation 4.1. Global Zinc Sulfate Market Size, by Technology (2020-2027) • Thermal • Gas • Chemical • Other 4.2. Global Zinc Sulfate Market Size, by Application (2020-2027) • Onshore • Offshore 5. North America Zinc Sulfate Market (2020-2027) 5.1. North America Zinc Sulfate Market Size, by Technology (2020-2027) • Thermal • Gas • Chemical • Other 5.2. North America Zinc Sulfate Market Size, by Application (2020-2027) • Onshore • Offshore 5.3. North America Zinc Sulfate Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Zinc Sulfate Market (2020-2027) 6.1. European Zinc Sulfate Market, by Technology (2020-2027) 6.2. European Zinc Sulfate Market, by Application (2020-2027) 6.3. European Zinc Sulfate Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Zinc Sulfate Market (2020-2027) 7.1. Asia Pacific Zinc Sulfate Market, by Technology (2020-2027) 7.2. Asia Pacific Zinc Sulfate Market, by Application (2020-2027) 7.3. Asia Pacific Zinc Sulfate Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Zinc Sulfate Market (2020-2027) 8.1. The Middle East and Africa Zinc Sulfate Market, by Technology (2020-2027) 8.2. The Middle East and Africa Zinc Sulfate Market, by Application (2020-2027) 8.3. The Middle East and Africa Zinc Sulfate Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Zinc Sulfate Market (2020-2027) 9.1. Latin America Zinc Sulfate Market, by Technology (2020-2027) 9.2. Latin America Zinc Sulfate Market, by Application (2020-2027) 9.3. Latin America Zinc Sulfate Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Halliburton Energy Services 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Royal Dutch Shell plc 10.3. Schlumberger Limited 10.4. TechnipFMC plc 10.5. National Aluminium Company Limited 10.6. Praxair Technology, Inc. 10.7. Cenovus Energy Inc. 10.8. ExxonMobil Corporation 10.9. Petronas 10.10. Statoil ASA 10.11. BP Plc 10.12. ConocoPhillips 10.13. Chevron Corporation 10.14. Anadarko Petroleum Corporation 10.15. Nalco Company 10.16. China Petroleum & Chemical Corporation 10.17. Lukoil Oil Company