Press release
Zinc Sulfate Market Revenue, Driving Factors, Key Players, Strategies, Trends, Forecast Till 2027
The Global Zinc Sulfate Market is forecast to reach USD 10.60 Billion by 2027, according to a new report by Reports and Data. Zinc Sulfate is a colorless, odorless, crystalline, water-soluble inorganic compound, also widely known as White Vitriol, and comes in various forms based on its type of end-usage. Zinc Sulfate is enlisted as an essential medicine in the World Health Organization's List of Essential Medicines, due to its vital importance in the medication process for maintaining basic health system. Zinc Sulfate is commercially available as the generic medication and over-the-counter drugs. The global Zinc Sulfate market is growing at a substantial pace due to the growing demand for Zinc Sulfate in the healthcare & pharmaceutical applications for its excessive use as the parental nutrition, dietary supplement, oral rehydration therapy in diarrhea, and essential mineral in basic health system functioning for human and livestock. Growing cases of gastroenteritis diseases and consumption of Oral Rehydration Solution (ORS) help propel the zinc sulfate market share directly.Key participants include:
Changsha Lantian Chemical Co.
Tianjin Xinxin Chemical
Alpha Chemicals Pvt Ltd
Zinc Nacional
Topfert Agrochemical Pte. Ltd.
Merck KGaA
Mid South Chemical Company
Old Bridge Chemicals.
Ravi Chem Industries
Sulfozyme Agro India Pvt.
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The market in Asia Pacific is expected to retain its superiority in the overall Zinc Sulfate market. Also, the fastest growth rate has been observed in the Asia Pacific region, owing to an extensive use of zinc sulfate in the highly growing healthcare & pharmaceutical applications and fiber & textile industries. China and India are some of the fastest-growing markets, while Germany and the United States hold some of the most prominent players in the market.
For the purpose of this report, Reports and Data have segmented the global zinc sulfate market on the basis of sales channel, form, end-use verticals, and region:
Sales Channel Outlook (Revenue, USD Billion; 2016-2027)
Online Retailing
Medical Stores & Brand Outlet
Form Outlook (Revenue, USD Billion; 2016-2027)
Liquid
Powder
Anhydrous Solid
End-Use Verticals Outlook (Revenue, USD Billion; 2016-2027)
Healthcare & Pharmaceuticals
Chemical Processing
Feed Supplement
Fiber & Textile Industries
Agricultural Industries
Others
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Further key findings from the report suggest
Other use of zinc sulfate includes herbicide processing, corrosion inhibitor in cooling towers & municipality water-treatment systems, production of pigments, flotation agent in mining, manufacture of flame proofing compounds, preservation & clarification of adhesive products, and processing of deodorant, detergent, cosmetics, and other notable end-uses. The others sub-segment in end-use verticals is projected to reach a market valuation of USD 254.3 Million by the end of 2027.
Zinc sulfate is sometimes useful in brewing beer production to supplement naturally occurring zinc proportions, which helps support healthy yeast growth. Zinc sulfate salts are often mixed as an additive to commercial ale, lager, and stout fermentations as a component of a formulated yeast food or a solution of food-grade zinc salt.
Growing penetration of the online retailing businesses for the food items, especially in the emerging nations in Asia Pacific continent, is helping the market grow by broadening the outreach of the sellers in the areas where the scarcity of the offline vendors is observed. Also, due to the non-involvement of distributors in the supply chain model, the profit margin is way more than that of the offline store retailing. The online retailing is expected to grow at the highest CAGR of 6.3% throughout the forecast period.
North America, with its high demand for zinc sulfate as a parental nutrition and essential dietary supplements, is accounted to retain a significant position in the global market by 2027, and the CAGR is calculated to be 7.0% during the forecast period.
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Regional Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2018-2028)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Explore Reports and Data's Prime Analysis of the global Materials and Chemicals Industry:
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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