Zinc Sulphate Market worth US$ 3.7 Billion by 2033: Fact.MR Report
Jun 06, 2023
Growing Agrochemicals Demand to Spur the Zinc Sulphate Market Growth
Rockville , May 11, 2023 (GLOBE NEWSWIRE) -- As per Fact.MR, a provider of market research and competitive intelligence, the global zinc sulphate market is estimated to be valued at US$ 1.9 billion in 2023 and is anticipated to grow at a CAGR of 6.7% during the forecast period of 2023-2033.
The growing production of pesticides is the major factor expected to drive the zinc sulphate market during the forecast period. Developments in the agricultural and agrochemical industries are estimated to further boost the growth of the zinc sulphate market.
Get Free Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=3663
Zinc sulphate is used as a weedicide and also protects plants from pests. The decrease in the amount of arable land increased the need for zinc sulphate to eliminate weed growth and increase crop quality and production. Further, zinc sulphate is often used in the agrochemical industry to treat the deficiency of zinc in crops. It is also used in animal feeds to improve animal health.
On the back of this and coupled with the growing use of zinc sulphate as a corrosion inhibitor in wastewater treatment creates immense growth opportunities for the market players operating in the zinc sulphate market.
Key Takeaways from Market Study
The global zinc sulphate market size reported by Fact.MR for 2022 was US$ 1.8 billion
The global zinc sulphate market size is estimated to reach US$ 3.7 billion in 2033
The projected CAGR for the global zinc sulphate market from 2023 to 2033 will be 6.7%.
Prominent players operating in the zinc sulphate market include Balaji Industries, and Changhsa Haolin Chemicals Co., Ltd, among others
China accounted for the prominent zinc sulphate production in terms of overall volume produced
"Surging Corrosion Inhibitors Demand for Waste Water Treatment is Likely to Drive Zinc Sulphate Market During the Assessment Period" says a Fact.MR analyst.
Key Players of Zinc Sulphate Market
Changhsa Haolin Chemicals Co., Ltd
Old Bridge Chemicals
Tianjin Topfert Agrochemicial Co
Tianjin Xinxin Chemical Factory
Get Customization on this Report for Specific Research Solutions: https://www.factmr.com/connectus/sample?flag=RC&rep_id=3663
Market Growth Stratagems
The prices of zinc sulphate have been tumbling upward and downward due to rising energy and raw material costs. Manufacturers were forced to reduce margins and manage their overall operational costs to ensure a hassle-free supply of products to the end users. Owing to this, manufacturers are focusing on balancing out these upward and downward trends by maintaining a proper inventory at different price levels to facilitate the end-user demand accordingly.
Segmentation of Zinc Sulphate Industry Research Report
By Type :
By Application :
By Region :
South Asia & Oceania
Middle East & Africa
For in-depth competitive analysis, Buy Now: https://www.factmr.com/checkout/3663
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the zinc sulphate market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.
The study reveals essential insights on the basis of type (anhydrous, hexahydrate, heptahydrate, and monohydrate), application (agrochemicals, chemicals, pharmaceuticals, synthetic fibers, water treatment, and others), and across major regions of the world (North America, Latin America, Europe, East Asia, South Asia, and Oceania, Middle East & Africa).
Explore More Related Studies Published by Fact.MR Research:
Magnesium Sulfate Market Outlook: The global magnesium sulfate market is set to enjoy a valuation of US$ 783.6 million in 2022 and further expand at a CAGR of 5.3% to reach US$ 1,351.2 million by the end of 2032.
Global Fermentation Chemicals Market Outlook: The fermentation chemicals market is predicted to grow at a moderate CAGR of 5% during the forecast period covering 2022 to 2032.
Crop Protection Chemicals Market Outlook: Market revenue of crop protection chemicals is slated to rise at a CAGR of 5.3% from 2021 to 2031, with total market valuation reaching US$ 122 Bn by 2031.
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
Contact: US Sales Office 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Tel: +1 (628) 251-1583, +353-1-4434-232 (D) Connect to Author: Mr. Yash Pathak Email: [email protected] Sales Team: [email protected] Follow Us: LinkedIn | Twitter | YouTubeUS$ 1.9 billion 6.7% Get Free Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=3663 Key Takeaways from Market Study US$ 1.8 billion US$ 3.7 billion 6.7%. "Surging Corrosion Inhibitors Demand for Waste Water Treatment is Likely to Drive Zinc Sulphate Market During the Assessment Period" Key Players of Zinc Sulphate Market Get Customization on this Report for Specific Research Solutions: https://www.factmr.com/connectus/sample?flag=RC&rep_id=3663 Market Growth Stratagems Segmentation of Zinc Sulphate Industry Research Report By Type : By Application : By Region : For in-depth competitive analysis, Buy Now: https://www.factmr.com/checkout/3663 More Valuable Insights on Offer Explore More Related Studies Published by Fact.MR Research: Magnesium Sulfate Market Outlook: Global Fermentation Chemicals Market Outlook: Crop Protection Chemicals Market Outlook: 5.3% US$ 122 Bn About Fact.MR Contact: Email: Sales Team: Follow Us: