Zinc Sulphate Market Size, Share, Growth, Forecast, 2032 | Zinc Sulphate Industry to Reach USD 2.92 Billion by 2032
The global zinc sulphate market size stood at USD 1.82 billion in 2023. The market revenue is anticipated to rise from USD 1.91 billion in 2024 to USD 2.92 billion by 2032, registering a CAGR of 5.5% from 2024 to 2032.The formula of zinc sulphate, ZnSO4, comprises numerous hydrate forms. It is used as an astringent in eye drops and lotions and to rectify zinc levels in the body. Zinc sulphate is essential in protein synthesis, enzyme function, and cell division. The increasing prominence of ZnSO4 in managing a strong immune system, wound healing methods, and complete cellular metabolism is fueling market expansion.
The COVID-19 pandemic adversely impacted the market due to supply chain interruptions and decreased product demand.
Fortune Business Insightsโข shares this information in its report titled "Zinc Sulphate Market Size Report, 2024-2032."
๐ฎ๐๐ ๐ ๐ญ๐๐๐ ๐บ๐๐๐๐๐ ๐น๐๐๐๐๐๐๐ ๐น๐๐๐๐๐ - https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/zinc-sulphate-market-110350 ssss
Segments
Heptahydrate Segment Led Market Due to Its Growing Usage in Manufacturing Rayon
In terms of type, the market is divided into heptahydrate, monohydrate, anhydrous, and hexahydrate. The heptahydrate segment led the global market due to its growing usage in the manufacturing of rayon (a type of fiber), as a mordant in dyeing procedures, and lithopone production. Zinc sulphate heptahydrate performs as colorless transparent crystals or white crystalline powder.
Growing Focus onCorrecting Zinc Deficiency in Crops Fuels Adoption ofAgrochemicals
By application, the market is segregated into agrochemicals, pharmaceuticals, chemical synthesis, synthetic fibers, water treatment, and others. Agrochemicals command the global market due to their growing usage in the agricultural industry to correct zinc deficiency in crops. The method of applying zinc sulphate in agrochemicals includes numerous ways, such as foliar sprays, soil application, and inclusion in fertilizers.
From the regional ground, the market is classified into Europe, Latin America, North America, Asia Pacific, and the Middle East & Africa.
Report Coverage
The report has studied the market in depth and underlined several crucial aspects and leading market participants. It provides important insights into the recent market trends and key industry developments. In addition to the factors mentioned above, the report covers many other factors that have helped the market grow.
Drivers and Restraints
Growing Focus on EV Adoption by Government and Constant Electrification of Cars Boosts Market Development
Zinc sulphate is highly preferred as a vital mineral for various medical applications in the pharmaceutical industry. This growth is driven by its essential role in human health, performing as a key component in protein synthesis, enzyme reactions, and immune function.
It is widely used in different pharmaceutical formulations, such as nutritional supplements, due to its effectiveness in treating and avoiding zinc deficiency. Along with its nutritional advantages, It is highly adopted in the formulation of tablets for cold therapy, signifying antiviral properties that decrease the duration and harshness of cold symptoms, propelling the zinc sulphate market growth.
In contrast, zinc sulphate manufacturing comprises energy-intensive processes. Consequently, instabilities in energy prices are impeding market growth.
๐ฎ๐๐ ๐ ๐ธ๐๐๐๐ - https://www.fortunebusinessinsights.com/enquiry/get-a-quote/zinc-sulphate-market-110350
Regional Insights
Rising Product Demand from Chemical Industries in India Boosted Market Growth in Asia Pacific
Asia Pacific commanded the global zinc sulphate market share due to rising product demand from chemical industries in India. Rapid industrialization and growing disposable incomes are also fueling market growth in the region.
The market in Europe is projected to witness steady growth in the coming years due to the increased demand for products from different sectors, including agrochemicals and chemical synthesis.
Competitive Landscape
Top Players Focus on Expansion and Acquisition Tactics to Boost Their Market Shares
Top providers are focusing on investments to introduce innovative technologies to accelerate product value. Major players are implementing expansion and acquisition tactics to boost their market shares.
Key Industry Development
August 2022: An honored business specializing in Complex Hospital Generics, Piramal Pharma's Critical Care division, launched the first generic Zinc Sulfate Injection to the U.S. market. This product has gained approval from the U.S. Food and Drug Administration. It has been selected as a Competitive Generic Therapy (CGT), a pathway intended to fuel market competition for drugs that are accessible from a single source.
๐น๐๐๐ ๐ด๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐๐๐ - https://www.fortunebusinessinsights.com/zinc-sulphate-market-110350
List of Key Players Profiled in the Report:
Balaji Chemicals (India)
Changsha Haolin Chemicals Co., Ltd. (China)
Bohigh Group (China)
Old Bridge Minerals Inc. (U.S)
Rongqing Chemical Co. Ltd (China)
Clean Agro (India)
Oasis Fine Chem (India)
FUJI KASEI CO., LTD. (Japan)
GRILLO-Werke AG (Germany)
Prakash Chemicals (India)
Contact Us:
Fortune Business Insightsโข Pvt. Ltd.
9th Floor, Icon Tower, Baner-Mahalunge Road,
Baner, Pune-411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Zinc Sulphate Market Size, Share, Growth, Forecast, 2032 | Zinc Sulphate Industry to Reach USD 2.92 Billion by 2032 here
News-ID: 3707721 • Views: โฆ
More Releases from Fortune Business Insights
Parenteral Packaging Market Size, Industry Share, Global Trends, Growth, 2032 | โฆ
The global parenteral packaging market size was USD 22.98 billion in 2023. The market is expected to surge from USD 24.15 billion in 2024 to USD 39.03 billion by 2032 at a CAGR of 6.18% during 2024-2032.
The global parenteral packaging industry specializes in developing and supplying packaging solutions for parenteral drug delivery systems, which bypass the gastrointestinal tract and are administered via injections, such as intramuscular (IM), intravenous (IV), andโฆ
Drug-eluting Balloon Catheters Market Size, Trends, Growth, Opportunities (2022- โฆ
The drug-eluting balloon catheters market was valued at USD 529.4 million in 2021 and is projected to grow from USD 615.2 million in 2022 to USD 1,119.4 million by 2029, recording a CAGR of 8.9% during the forecast period (2022-2029).
The Drug-eluting Balloon Catheters Market is revolutionizing cardiovascular care by offering advanced treatment options for Peripheral Artery Disease (PAD). These devices deliver therapeutic drugs to target sites, minimizing the risk ofโฆ
Europe Urinary Catheters Market Size, Trends, Growth, Opportunities (2023-2030) โฆ
The Europe urinary catheters market was valued at USD 1.32 billion in 2022 and is projected to grow from USD 1.41 billion in 2023 to USD 2.32 billion by 2030, recording a CAGR of 7.4% during the forecast period (2023-2030).
The Europe urinary catheters market is experiencing remarkable growth driven by innovations in design, material sustainability, and increased healthcare awareness. As urological disorders become more prevalent across the continent, urinary cathetersโฆ
Intraoperative Imaging Market Size, Trends, Growth, Opportunities (2024-2032) | โฆ
The intraoperative imaging market was valued at USD 2.80 billion in 2023 and is projected to grow from USD 2.94 billion in 2024 to USD 4.61 billion by 2032, recording a CAGR of 5.8% during the forecast period (2024-2032).
The intraoperative imaging market is evolving rapidly, propelled by advancements in medical imaging technologies. These solutions revolutionise surgical precision, improve patient outcomes, and reduce operative risks. As healthcare facilities prioritize accuracy andโฆ
More Releases for India
Ayurvedic Service Market is Flourishing Like Never Before | Patanjali Ayurved Li โฆ
RnM newly added a research report on the Ayurvedic Service market, which represents a study for the period from 2020 to 2026.
The research study provides a near look at the market scenario and dynamics impacting its growth. This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors for future growth in the coming years. Additionally, theโฆ
Pasta Market Report 2019 Companies included Bambino (India), Nestle (USA), Field โฆ
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2019 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2019 to 2025, etc. The report also provides detailed segmentation on theโฆ
Pasta Market Report 2018 Companies included Bambino (India), Nestle (USA), Field โฆ
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com *********
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also providesโฆ
Interior Designers India, Designers and Architects India, Interior Design Consul โฆ
Synergy Corporate Interiors Pvt. Ltd. are offer Designers and Architects India Our architects, designers are working an national and international client base. The final design output is then integrated with the various technical and engineering aspects and taken into production. The expression is also individualistic, based on the communication of the correct corporate identity. Our designers, engineers and architects perform any plan successfully combine handy knowledge with creative ideas intoโฆ
Domain Registration India, Web Hosting India, VPS Hosting India , SSL Certificat โฆ
All the Domain Registration services are at affordable price and assure you for the 100% quality.
India Internet offers cheap domain name registration for many domain extensions available. We are a full-service web site solutions provider. We offer a full range of web services including domain registration India, Web Hosting India, Web design, SEO marketing and etc.
We offer different standard and different Windows .NET low-cost, full-featured, all-inclusive web hosting and domainโฆ
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer.
During the domain registration process, you willโฆ