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Global Zinc Sulfate Market Research Report 2022
SKU ID : QYR-20270818 | Publishing Date : 18-Feb-2022 | No. of pages : 107
Zinc sulfate is the inorganic compound with the formula ZnSO4 as well as any of three hydrates. It was historically known as "white vitriol". It is a powder that is colorless and completely water-soluble that is a common source of soluble zinc ions.
Monohydrate zinc sulfate and heptahydrate zinc sulfate have the same active components, but they differ on the number of water of hydration. Monohydrate zinc sulfate has one molecule of water in its molecular formula while heptahydrate zinc sulfate contains seven molecules of water in its molecular formula. As a result, monohydrate zinc sulfate contains higher active component of zinc which is about 35 – 36% as zinc while heptahydrate zinc sulfate contains about 20 – 22% as zinc. However, because of the difference in the number of water of hydration, heptahydrate zinc sulfate is less stable than monohydrate zinc sulfate because of its ability to absorb water is greater than the latter.
Market Analysis and Insights: Global Zinc Sulfate Market
Due to the COVID-19 pandemic, the global Zinc Sulfate market size is estimated to be worth US$ 4820.1 million in 2022 and is forecast to a readjusted size of US$ 6537.3 million by 2028 with a CAGR of 5.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Heptahydrate Zinc Sulfate accounting for % of the Zinc Sulfate global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Agriculture and Animal Husbandry segment is altered to an % CAGR throughout this forecast period.
Global core zinc sulfate key players include Zinc Nacional, Bohigh, Kronos, Xinxin Chemical, Oldbridge, etc. The top five manufacturers hold a share over 36%.
China is the largest market, with a share over 40%, followed by North America with a share about 19%.
In terms of product, Monohydrate Zinc Sulfate is the largest segment, with a share over 55%. And in terms of application, the largest application is Agriculture and Animal Husbandry, followed by Industrial, etc.
Global Zinc Sulfate Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Zinc Sulfate Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Heptahydrate Zinc Sulfate
Monohydrate Zinc Sulfate
Segment by Application
Agriculture and Animal Husbandry
Industrial
Food
Pharmaceuticals
Others
By Company
Bohigh Zinc Product
Zinc Nacional
ISKY CHEMICALS
Hebei Yuanda Zhongzheng BIO-TECH
Huaxing Zinc Chemical
Best-selling Chemical
Hunan Jingshi Group
Rech Chemical
Newsky Group
Huludao Zinc Industry
Shen Ye Industrial
Lantian Chemical
Old Bridge Chemicals
Sulfozyme Agro India
Akash Purochem Private Limited
Tianjin Xinxin Chemical Factory
DaHua Chemical
Kronos
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Monohydrate zinc sulfate and heptahydrate zinc sulfate have the same active components, but they differ on the number of water of hydration. Monohydrate zinc sulfate has one molecule of water in its molecular formula while heptahydrate zinc sulfate contains seven molecules of water in its molecular formula. As a result, monohydrate zinc sulfate contains higher active component of zinc which is about 35 – 36% as zinc while heptahydrate zinc sulfate contains about 20 – 22% as zinc. However, because of the difference in the number of water of hydration, heptahydrate zinc sulfate is less stable than monohydrate zinc sulfate because of its ability to absorb water is greater than the latter.
Market Analysis and Insights: Global Zinc Sulfate Market
Due to the COVID-19 pandemic, the global Zinc Sulfate market size is estimated to be worth US$ 4820.1 million in 2022 and is forecast to a readjusted size of US$ 6537.3 million by 2028 with a CAGR of 5.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Heptahydrate Zinc Sulfate accounting for % of the Zinc Sulfate global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Agriculture and Animal Husbandry segment is altered to an % CAGR throughout this forecast period.
Global core zinc sulfate key players include Zinc Nacional, Bohigh, Kronos, Xinxin Chemical, Oldbridge, etc. The top five manufacturers hold a share over 36%.
China is the largest market, with a share over 40%, followed by North America with a share about 19%.
In terms of product, Monohydrate Zinc Sulfate is the largest segment, with a share over 55%. And in terms of application, the largest application is Agriculture and Animal Husbandry, followed by Industrial, etc.
Global Zinc Sulfate Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Zinc Sulfate Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Heptahydrate Zinc Sulfate
Monohydrate Zinc Sulfate
Segment by Application
Agriculture and Animal Husbandry
Industrial
Food
Pharmaceuticals
Others
By Company
Bohigh Zinc Product
Zinc Nacional
ISKY CHEMICALS
Hebei Yuanda Zhongzheng BIO-TECH
Huaxing Zinc Chemical
Best-selling Chemical
Hunan Jingshi Group
Rech Chemical
Newsky Group
Huludao Zinc Industry
Shen Ye Industrial
Lantian Chemical
Old Bridge Chemicals
Sulfozyme Agro India
Akash Purochem Private Limited
Tianjin Xinxin Chemical Factory
DaHua Chemical
Kronos
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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