Market Overview:
The global industrial grade zinc sulfate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for zinc sulfate monohydrate and zinc sulfate heptahydrate from various application industries such as wood and leather industry, fiber industry, water treatment industry, and others. North America is expected to lead the global industrial grade zinc sulfate market in terms of revenue during the forecast period. Asia Pacific is projected to be the fastest-growing region in terms of revenue during the forecast period owing to rapid economic development and rising population in countries such as China and India.
Product Definition:
Industrial grade zinc sulfate is a type of zinc sulfate that has been purified and standardized for industrial use. It is used as an additive in various products, including plastics, rubbers, paints, coatings, and adhesives.
Zinc Sulfate Monohydrate:
Zinc Sulfate Monohydrate, also known as ZSM is a white crystalline compound and is widely used in galvanizing and zinc-based alloys. It has high demand from the battery industry owing to its ability to enhance the discharge rate of batteries. It also helps in increasing overall battery performance by reducing self-discharge of batteries which makes it an important additive for rechargeable as well as primary batteries.
Zinc Sulfate Heptahydrate:
Zinc heptahydrate is a mineral that contains zinc and seven water molecules. It has the chemical formula as Zn(OH)7.2H2O and is also known as blue salt or lapis-lazuli. It occurs in crystalline form having bright-blue color which later turns into deep blue when it is exposed to air.
Application Insights:
The wood and leather industry was the largest application segment in 2017. It is also expected to be the fastest-growing application, with a CAGR of XX% over the forecast period owing to increasing demand for industrial grade zinc sulfate from various applications including water treatment, pulp and paper industry, paints and coatings industry, etc.
Fiber is one of the important industries in Asia Pacific region which uses a large amount of fiberglass products such as fibers for textile production. The growth of this end-use sector has been significantly contributing to overall regional GDP growth on account of high demand for glass fiber reinforced plastics across all major economies involved in this value chain (China India Japan). This trend is expected to continue over next few years driving product demand further during forecast period.
Regional Analysis:
Asia Pacific dominated the global industry with a volume share of over 60% in 2017. The region is expected to witness significant growth in terms of revenue as well, owing to increasing demand from various end-use industries. China and India are among the largest producers and consumers of zinc products globally. Growing population coupled with rising consumer disposable income levels will drive industrial growth across Asia Pacific, which is likely to propel product consumption over the forecast period.
North America emerged as the second-largest regional market for industrial grade zinc sulfate on account of growing demand from several end-use industries including water treatment, construction, automotive and electronics manufacturing companies located in U.S., Canada and Mexico countries respectively – all majorly driven by high standards of living coupled with strong economic performance at domestic level – both within North America region itself as well as across its trading partners globally (i) and (ii).
Growth Factors:
- Increasing demand from the galvanizing industry as a result of increasing demand for steel products
- Growing application in agriculture as a fertilizer and soil amendment
- Rising use in water treatment due to its ability to control algae growth and corrosion
- Increasing demand from the chemical industry for production of zinc compounds
- Growing popularity of zinc sulfate as a dietary supplement
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Grade Zinc Sulfate Market Research Report
By Type
Zinc Sulfate Monohydrate, Zinc Sulfate Heptahydrate
By Application
Wood and Leather Industry, Fiber Industry, Water Treatment Industry, Others
By Companies
Old Bridge Chemicals, Sulfozyme Agro, Akash Purochem, Hebei Yuanda, Hunan Jingshi, Rech Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Grade Zinc Sulfate Market Report Segments:
The global Industrial Grade Zinc Sulfate market is segmented on the basis of:
Types
Zinc Sulfate Monohydrate, Zinc Sulfate Heptahydrate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Wood and Leather Industry, Fiber Industry, Water Treatment Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Old Bridge Chemicals
- Sulfozyme Agro
- Akash Purochem
- Hebei Yuanda
- Hunan Jingshi
- Rech Chemical
Highlights of The Industrial Grade Zinc Sulfate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Zinc Sulfate Monohydrate
- Zinc Sulfate Heptahydrate
- By Application:
- Wood and Leather Industry
- Fiber Industry
- Water Treatment Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Grade Zinc Sulfate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial Grade Zinc Sulfate is a type of zinc sulfate that is used in industrial applications. It is more pure than other types of zinc sulfate, and it has a higher melting point than other types of zinc sulfate. This makes it ideal for use in products that require high levels of purity, such as paints and coatings.
Some of the major companies in the industrial grade zinc sulfate market are Old Bridge Chemicals, Sulfozyme Agro, Akash Purochem, Hebei Yuanda, Hunan Jingshi, Rech Chemical.
The industrial grade zinc sulfate market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Grade Zinc Sulfate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Grade Zinc Sulfate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Grade Zinc Sulfate Market - Supply Chain
4.5. Global Industrial Grade Zinc Sulfate Market Forecast
4.5.1. Industrial Grade Zinc Sulfate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Grade Zinc Sulfate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Grade Zinc Sulfate Market Absolute $ Opportunity
5. Global Industrial Grade Zinc Sulfate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Type
5.3.1. Zinc Sulfate Monohydrate
5.3.2. Zinc Sulfate Heptahydrate
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Grade Zinc Sulfate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Application
6.3.1. Wood and Leather Industry
6.3.2. Fiber Industry
6.3.3. Water Treatment Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Grade Zinc Sulfate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Grade Zinc Sulfate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Grade Zinc Sulfate Demand Share Forecast, 2019-2026
9. North America Industrial Grade Zinc Sulfate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Application
9.4.1. Wood and Leather Industry
9.4.2. Fiber Industry
9.4.3. Water Treatment Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Type
9.7.1. Zinc Sulfate Monohydrate
9.7.2. Zinc Sulfate Heptahydrate
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Grade Zinc Sulfate Demand Share Forecast, 2019-2026
10. Latin America Industrial Grade Zinc Sulfate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Application
10.4.1. Wood and Leather Industry
10.4.2. Fiber Industry
10.4.3. Water Treatment Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Type
10.7.1. Zinc Sulfate Monohydrate
10.7.2. Zinc Sulfate Heptahydrate
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Grade Zinc Sulfate Demand Share Forecast, 2019-2026
11. Europe Industrial Grade Zinc Sulfate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Application
11.4.1. Wood and Leather Industry
11.4.2. Fiber Industry
11.4.3. Water Treatment Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Type
11.7.1. Zinc Sulfate Monohydrate
11.7.2. Zinc Sulfate Heptahydrate
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Grade Zinc Sulfate Demand Share, 2019-2026
12. Asia Pacific Industrial Grade Zinc Sulfate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Application
12.4.1. Wood and Leather Industry
12.4.2. Fiber Industry
12.4.3. Water Treatment Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Type
12.7.1. Zinc Sulfate Monohydrate
12.7.2. Zinc Sulfate Heptahydrate
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Grade Zinc Sulfate Demand Share, 2019-2026
13. Middle East & Africa Industrial Grade Zinc Sulfate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Application
13.4.1. Wood and Leather Industry
13.4.2. Fiber Industry
13.4.3. Water Treatment Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Grade Zinc Sulfate Market Size and Volume Forecast by Type
13.7.1. Zinc Sulfate Monohydrate
13.7.2. Zinc Sulfate Heptahydrate
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Grade Zinc Sulfate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Grade Zinc Sulfate Market: Market Share Analysis
14.2. Industrial Grade Zinc Sulfate Distributors and Customers
14.3. Industrial Grade Zinc Sulfate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Old Bridge Chemicals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sulfozyme Agro
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Akash Purochem
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hebei Yuanda
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hunan Jingshi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rech Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
