Zinc Sulphate Market

The increasing demand for zinc sulfate in the agricultural industry is driving the market growth

In agriculture, the use of pesticides, insecticides, and fertilisers is rising. The massive expansion of the agriculture sector is being driven by the rising need for food in densely populated countries like China and India. As a result, it is predicted that the growth of the agriculture industry will spur market expansion over the projection period.

The rise in demand for zinc sulphate in the textile sector is a recent market trend. Fabrics are made with zinc sulphate in the textile industry. It is blended with a number of chemicals to provide a variety of hues for textiles. It also functions as a precursor for lithopone, a desired pigment in the textile industry. As a result, during the course of the projected period, rising use of this chemical will also be linked to growth in the worldwide textile industry.

It is also used to make synthetic fiber and is a raw material in the manufacture of textiles and fibre in the synthetic fibre industry. Zinc sulphate is a dietary supplement that is used to treat human zinc insufficiency. It is also used as a fertiliser and in agricultural sprays to treat crops deficient in zinc and to raise the soil's nutrient value. It can be used as an electrolyte for plating zinc, a coagulant when making rayon (synthetic fibre), a clarifier when making glue, and a mordant when colouring.

Businesses in the zinc chemicals market have used techniques such as agreements and contracts in order to grow their current customer base.

Zinc sulphate is commonly used in cosmetic and personal care products because of its anti-microbial and anti-bacterial characteristics. It serves as an astringent, a product for oral hygiene, and a cosmetic biocide. It can be used to clean the skin and deodorise by preventing bacterial growth, among other things, in cosmetic goods. These elements, together with the rising use of cosmetics by millennials, are fueling market revenue growth.

Zinc sulphate is becoming more and more widely used in a variety of agrochemicals and industrial chemicals, as well as in other crucial applications like corrosion inhibitors in water-treatment systems, processing herbicides, flotation agents in the mining industry, production of pigments and adhesives, manufacturing of detergent, deodorants, and various cosmetics. Thus, driving the Zinc Sulfate market revenue.

The Global Zinc Sulfate Market Industry is projected to experience substantial growth, with estimates indicating a market value of 3.78 USD Billion by 2035. This growth is underpinned by various factors, including increased agricultural demand, health applications, and industrial expansion. The anticipated compound annual growth rate of 6.39% from 2025 to 2035 suggests a robust market trajectory. The convergence of these drivers indicates a promising future for the Global Zinc Sulfate Market Industry, as stakeholders across sectors recognize the value of zinc sulfate in enhancing productivity and sustainability.

The Global Zinc Sulfate Market Industry is experiencing growth driven by the increasing demand for zinc-based fertilizers in agriculture. Zinc is an essential micronutrient that enhances crop yield and quality. As global food production needs escalate, particularly in developing regions, the use of zinc sulfate in fertilizers is becoming more prevalent. This trend is evidenced by the projected market value of 1.91 USD Billion in 2024, indicating a robust agricultural sector that prioritizes nutrient-rich soil. Farmers are increasingly aware of the benefits of zinc sulfate, leading to its adoption in various crops, thereby supporting the overall growth of the Global Zinc Sulfate Market Industry.

The Global Zinc Sulfate Market Industry is witnessing an expansion in industrial applications, particularly in the manufacturing of textiles, rubber, and cosmetics. Zinc sulfate serves as a key ingredient in various industrial processes, enhancing product quality and performance. The increasing industrialization in emerging economies is likely to drive demand for zinc sulfate across multiple sectors. This trend suggests a diversification of the market, as industries recognize the benefits of incorporating zinc sulfate into their production processes. The anticipated compound annual growth rate of 6.39% from 2025 to 2035 further indicates a positive outlook for the Global Zinc Sulfate Market Industry.

The Global Zinc Sulfate Market Industry is significantly influenced by the rising awareness of health and nutrition. Zinc sulfate is widely utilized in dietary supplements and pharmaceuticals due to its role in immune function and overall health. The growing global population, coupled with an increasing focus on health and wellness, drives the demand for zinc supplements. This trend is reflected in the market's projected growth, with an expected value of 3.78 USD Billion by 2035. The emphasis on preventive healthcare and nutritional supplementation is likely to bolster the consumption of zinc sulfate, thereby enhancing the market landscape.

The Global Zinc Sulfate Market Industry is benefiting from technological advancements in production methods. Innovations in manufacturing processes are leading to increased efficiency and reduced costs, making zinc sulfate more accessible to various industries. Enhanced production techniques are likely to improve the quality of zinc sulfate, meeting the specific needs of diverse applications. As industries adopt these advanced methods, the market is expected to grow, with a projected value of 1.91 USD Billion in 2024. The integration of technology in production aligns with the overall trend of modernization in the chemical sector, further propelling the Global Zinc Sulfate Market Industry.

The Global Zinc Sulfate Market Industry is also influenced by stringent environmental regulations that promote sustainable practices. As industries strive to reduce their environmental footprint, the demand for eco-friendly products, including zinc sulfate, is likely to increase. Zinc sulfate is often used in water treatment processes, contributing to environmental sustainability. The growing emphasis on green chemistry and sustainable manufacturing practices aligns with the market's growth trajectory. This shift towards sustainability may enhance the reputation of zinc sulfate as a responsible choice for various applications, thereby supporting its demand in the Global Zinc Sulfate Market Industry.

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North America Zinc Sulfate Market dominated this market in 2022 (45.80%). The meal with the highest zinc content per serving is oysters, but since beef is so widely consumed, it accounts for 20% of Americans' daily zinc intake. Zinc is a key component of the usual mineral-fortified American breakfast cereal. Enriched and fortified foods provide 12.1% to 18.4% of the daily zinc intake for children and adolescents in the United States, which is accelerating the market's expansion in terms of revenue.

Further, the U.S. Zinc Sulfate market held the largest market share, and the Canada Zinc Sulfate market was the fastest growing market in the North America region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2:  ZINC SULFATE MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe Zinc Sulfate market accounted for a healthy market share in 2022. This is due to the increased use of zinc sulphate in the production of medications. By lowering general mortality rates, preventing diarrhoea and respiratory infections in children, lowering the risk of premature delivery, and promoting weight gain and development in infants and young children, zinc supplements can be beneficial for health. Further, the German Zinc Sulfate market held the largest market share, and the U.K Zinc Sulfate market was the fastest growing market in the European region

The Asia Pacific Zinc Sulfate market is expected to register significant growth from 2023 to 2032. This is due to the growth of the agricultural industry and the swift adoption of zinc in industrial applications. There have been reports of severe micronutrient shortages in soils and crops all around the world, but especially in Bangladesh, China, and India. This has led to significant output losses and a drop in nutritional quality. Moreover, China’s Zinc Sulfate market held the largest market share and the Indian Zinc Sulfate market was the fastest growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Zinc Sulfate market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Zinc Sulfate industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the  Zinc Sulfate industry to benefit clients and increase the market sector. In recent years, the Zinc Sulfate industry has offered some of the most significant advantages to medicine. Major players in the Zinc Sulfate market, including Midsouth Chemical, Changsha Latian Chemicals Co. Ltd, Rech Chemical Co. Ltd, Tianjin Xinxin Chemical Factory, Alpha Chemicals, Zinc Nacional, Ravi Chem Industries, Balaji Industries, Tianjin Topfert Agrochemical Co., Old Bridge Chemical, Inc., China Bohigh, Changsha Haolin Chemicals Co. Ltd, Gupta Agri Care, Sulfozyme Agro India Pvt.

Ltd., and Sigma-Aldrich, Inc., are attempting to increase market demand by investing in research and development Types.

EverZinc is a manufacturer of specialised chemicals based on zinc with its headquarters in Loncin, Belgium. The company specialises in three product lines: fine zinc powders, zinc oxide, and zinc for batteries. These goods are offered for sale to customers all over the world for use in a variety of goods, such as sunscreens, ceramics and glass, anti-corrosion paints, tyres, pharmaceutical compounds, and other goods. G.H. Chemicals Ltd. and Microzinc Inc., generally known as "GHC," were acquired by EverZinc in January 2019. The acquisition will enable Quebec's top-notch facilities to assist grow the product and market.

Piramal Enterprises Ltd (PEL), originally Piramal Healthcare Ltd, is a provider of drugs and services for financing healthcare. The company offers a range of OTC drugs as well as products for anesthesia, orthopedic drugs, Phytomedicines, consumer care, and Halothane, Isoflurane, and Sevoflurane. Additionally, it offers contract manufacturing and development services, pharma solutions, critical care solutions, imaging services, fund management services, and other services including structured investments. The company offers services to the financial services, healthcare, real estate, and life sciences sectors. It operates in various countries, including Canada, the United States, Germany, Italy, the United Kingdom, and France.

Mumbai, Maharashtra, India serves as the headquarters for the PEL organisation. Piramal Pharma's Critical Care division, a market leader in challenging hospital generics, launched Zinc Sulphate Injection as a first-to-market generic in the US in August 2022. The U.S. Food and Drug Administration approved this medication using the Competitive Generic Therapy (CGT) designation, a path to approval designed to increase market competition for pharmaceuticals with a single source of supply.