The report global zinc sulfate market by type (zinc sulfate anhydrous, zinc sulfate monohydrate, zinc sulfate hexahydrate, zinc sulfate heptahydrate), application (medicine, agrochemical, chemical, water treatment, agriculture), and region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) global zinc sulfate market was valued at US$ XX Bn in 2017 and is expected to reach US$ XX Bn by 2026, at a CAGR of XX % during a forecast period.
The gap between the supply and demand of zinc adversely affected zinc mining in the past few years. Zinc is generally used in numerous alloys such as iron, copper, and bronze, and others. It is used for manufacturing chemical compounds for instant zinc oxide and zinc sulfate. The closure of mines led to a shortage in production around the world, which increased zinc prices. Zinc sulfate is used in the form of dietary supplement to treat zinc lacks in human. It is used as a fertilizer and agricultural sprays to treat zinc deficiency in crops and recover soil nutrient value.
Agrochemicals segment is leading the global zinc sulfate market.
Zinc sulfate accounted a strong growth of use in agrochemicals for fertilizers and animal feed supplements. It is applied on crops, particularly pecans, deciduous fruits, peanuts, cotton, corn, and citrus, and added to feeds for cattle, swine, and poultry. In past few years, zinc sulfate fertilizer has increased at the expense of zinc oxysulfate, produced from steel furnace fly-ash.
The Asia Pacific is the leading regional market for global zinc sulfate market.
In terms of region, the Asia Pacific is expected to hold the largest share in the global zinc sulfate market during the forecast period. China is one of the main suppliers of zinc sulphate. Furthermore, as in Agriculture, India can be a strong market for zinc sulphate as huge population is engaged in the activities related to farming and agriculture. Growing use as a fertilizer has made the biggest demand growth and in the production for human food and animal feed.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as are Zinc Nacional, Colakoglu, Chandigarh Chemicals , ISKY , Bohigh , Xinxin Chemical , God Leaves , Hebei Yuanda , Hunan Jingshi , Rech Chemical , Newsky , Best-selling Chemical , Haolin Chemicals , DaHua Chemical , Lantian Chemical.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the zinc sulfate market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for taking an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the zinc sulfate market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain zinc sulfate market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on” Zinc sulfate Market”.
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