Ferrous sulfate is an inorganic compound used in various industrial processes, as well as in wastewater treatment, manufacturing of pigments and dyes, and coagulation of latex. It is used as a coagulating agent and flocculent in wastewater treatment and clarifying drinking water. It is also used in fertilizers manufacturing and for iron fortification.
The global Ferrous sulfate Market is estimated to be valued at US$ 1015.83 Mn in 2023 and is expected to exhibit a CAGR of 4.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends driving the growth of the ferrous sulfate market is increasing demand from wastewater treatment plants. Ferrous sulfate is largely used as a coagulant aid and flocculent in wastewater treatment facilities. It helps to remove impurities and suspended solids from water by binding them together so that they settle down along with other heavier particles. Stringent regulations regarding industrial wastewater disposal and growing investments in upgrading existing wastewater infrastructure globally are fueling the demand for ferrous sulfate from this application segment. Rapid industrialization and urbanization in developing regions of Asia Pacific and Latin America have further accelerated the need for efficient wastewater treatment, thereby propelling the market growth.
Segment Analysis
The global ferrous sulfate market is dominated by the animal feed segment. Ferrous sulfate is used in animal feed to prevent iron deficiency in livestock. It is a very economical source of iron for animal feed compared to other iron supplements. The growing meat consumption and focus on animal health and nutrition has been driving the demand for ferrous sulfate in animal feed formulations.
Key Takeaways
The Global Ferrous Sulfate Market Size is expected to witness high growth over the forecast period of 2023 to 2030. The global Ferrous sulfate Market is estimated to be valued at US$ 1015.83 Mn in 2023 and is expected to exhibit a CAGR of 4.4% over the forecast period 2023 to 2030.
Regional Analysis
The Asia Pacific region is expected to be the fastest growing as well as the dominant regional market for ferrous sulfate. Countries like China, India and other Southeast Asian countries are witnessing rising meat consumption as well as growing focus on animal health and nutrition. This is increasing the demand for quality animal feed supplements like ferrous sulfate in the region. The presence of a large livestock population and animal feed manufacturers in Asia Pacific provides opportunities for ferrous sulfate producers.
Key players
Key players operating in the ferrous sulfate market are 3M Company, Arthrex, Inc., ArthroCare Corporation, Biomet, Inc., BREG, Inc., Conmed Corporation, DePuy Mitek, Inc., DJO Global, Inc., Mueller Sports Medicine, Inc., Ossur hf, and OttoBock Healthcare GmbH. 3M Company and Arthrex, Inc. are the leading players in the market due to their extensive distribution networks and portfolio of orthopedic products.
For More details on the topic:
https://www.marketwebjournal.com/ferrous-sulfate-market-trends-size-and-share-analysis/
Check more trending articles related to this topic:
https://shoutingstars.com/carbon-capture-and-storage-a-vital-climate-change-solution
The Global Ferrous Sulfate market research report provides an insightful analysis of the current market, along with a futuristic perspective on the growth of the market.
The aim of this report is to provide beneficial information to clients, market players, and stakeholders and assist them in making fruitful business decisions according to the information provided.
The report offers valuable insights into the market size, market share, revenue, sales volume, and CAGR.
The information offered by the report gives an idea about the scope, potential, and profitability of the market.The recent COVID-19 pandemic has drastically changed the dynamics of the market and resulted in an economic slowdown.
The report covers an impact analysis of the pandemic on the overall market.
The report also consists of the present and future impact of COVID-19 on the market.Avail a Sample to know more about the complete Report @ https://www.reportsanddata.com/sample-enquiry-form/2632Leading Companies operating in the Global Ferrous Sulfate Market:Rech Chemicals Co Ltd, Shaoyang Shenzhou Chemical Industry Co Ltd, Changsha Haolin Chemical Co Ltd, Reactivos Mineros SAC, MMC Resources Inc, Cleveland Industries Inc, Gokay Mining and Chemicals, Hong Yield Chemical Industrial Co Ltd, Zouping County Runzi Chemicals Co Ltd and Verdesian Life Sciences.The Global Ferrous Sulfate Market is witnessing a tremendous growth owing to the rapidly rising demands, a surge in industrialization, consumer awareness, emerging industries, and technological advancements.
The latest trending report Global Iron (Ferrous Sulfate) Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Iron (Ferrous Sulfate) market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.The global Iron (Ferrous Sulfate) market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 0.9%% in the forecast period of 2020 to 2025 and will expected to reach USD 338.9 million by 2025, from USD 327.4 million in 2019.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/22752-iron-ferrous-sulfate-market-analysis-reportThe major players covered in Iron (Ferrous Sulfate) are:Venator Materials(Huntsman)Jinhai Titanium Resources TechnologyCrown TechnologyVerdesian Life SciencesLomon Billions GroupKemiraRech ChemicalSEM MineralsGokay GroupCNNC HUAYUAN Titanium DioxideKronosAnnada TitaniumShandong Doguide GroupPRECHEZAJinmao TitaniumChemland GroupGPRO InvestmentChangsha Haolin ChemicalBy Type, Iron (Ferrous Sulfate) market has been segmented into:Technical GradeFood GradeFeed GradeOtherBy Application, Iron (Ferrous Sulfate) has been segmented into:Iron Oxide PigmentWater TreatmentFeedCementFoodOtherThe report offers in-depth assessment of the growth and other aspects of the Iron (Ferrous Sulfate) market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Iron (Ferrous Sulfate) Market @ https://www.decisiondatabases.com/contact/download-sample-22752The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Iron (Ferrous Sulfate) product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Iron (Ferrous Sulfate), with price, sales, revenue and global market share of Iron (Ferrous Sulfate) in 2018 and 2019.Chapter 3, the Iron (Ferrous Sulfate) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Iron (Ferrous Sulfate) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Iron (Ferrous Sulfate) market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Iron (Ferrous Sulfate) sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Iron (Ferrous Sulfate) Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-22752Other Reports by DecisionDatabases.com:Global High Purity Iron Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Iron Ore Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Iron Chloride Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
