The Zinc Sulfate market is projected to grow at a rate of 6.5% in terms of value, from 2020 to reach USD 11.28 billion By 2028 . Zinc Sulfate is a colorless, odorless, crystalline, water-soluble inorganic compound, also widely known as White Vitriol, and comes in various forms based on its type of end-usage. Zinc Sulfate is enlisted as an essential medicine in the World Health Organization's List of Essential Medicines, due to its vital importance in the medication process for maintaining basic health system.
Zinc Sulfate is commercially available as the generic medication and over-the-counter drugs. Zinc Sulfate has another medicinal property of wound and inflamed or pruritic skin healing for animals. The global zinc sulfate market is growing at a substantial pace due to the growing demand for Zinc Sulfate in the healthcare pharmaceutical applications for its excessive use as the parental nutrition, dietary supplement, oral rehydration therapy in diarrhea, and essential mineral in basic health system functioning for human and livestock. Zinc sulfate supplement is recommended by the World Health Organization as an indispensable medication in Diarrhea. Growing cases of gastroenteritis diseases and consumption of Oral Rehydration Solution (ORS) help propel the zinc sulfate market share directly. Increasing use of viscose fiber such as Rayon, artificial silk, and high growth of animal feed supplements are some of the other mentionable driving factors for this market. Health hazards pertaining to zinc sulfate ingestion and fluctuation in the raw material prices are expected to be the major restraining factors for this market.
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Top Players in the Global Zinc Sulfate Market:
Changsha Lantian Chemical Co., Ltd., Tianjin Xinxin Chemical, Alpha Chemicals Pvt Ltd, Zinc Nacional, S.A., Topfert Agrochemical Pte. Ltd., Merck KGaA, Mid South Chemical Company, Inc., Old Bridge Chemicals, Inc., Ravi Chem Industries, Sulfozyme Agro India Pvt. ltd.
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Market segmentation based on Sales Channel Outlook:
- Online Retailing
- Medical Stores Brand Outlet
- Anhydrous Solid
End-Use Verticals Outlook:
- Healthcare Pharmaceuticals
- Chemical Processing
- Feed Supplement
- Fiber Textile Industries
- Agricultural Industries
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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Frequently Asked Questions Answered in the Report:
- What is the estimated revenue growth rate of the global Zinc Sulfate market over the forecast period?
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- Which are the leading manufacturers and suppliers in the global Zinc Sulfate market?
- Which regional market is expected to lead in terms of revenue share in the global Zinc Sulfate market over the forecast years?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
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