Global Zinc Sulfate Market by Application, Product, by Region and Segment, Forecasts 2020–2026

Global Zinc Sulfate Market is valued to grow at healthy CAGR of 4.2% over forecast period 2020–2026. Increasing usage as a fertilizer additive in agricultural industry to prevent and correct zinc deficiency in crops, rising demand of applications of raw material for manufacturing latex products and usage as a herbicide for moss control are the key factors driving the market.

Get Sample Report:https://dataintelo.com/request-sample/?reportId=124440

Zinc sulfate is an inorganic compound known by the formula ZnSO4. It is a colorless, odorless, and crystalline solid. Historically, it was known as white vitriol. It is easily soluble in water with its aqueous solution, being acidic and slightly soluble in ethanol and glycerol. It has non-oxidizing, nonflammable and noncombustible properties. It is hygroscopic and efflorescent in nature and is associated with four hydration states. Zinc sulfate is produced synthetically by combining zinc ash with aqueous sulfuric acid.

Market Trends, Drivers, Restraints and Opportunity:

Zinc sulfate is strongly used as a fertilizer additive in the agricultural domain to prevent any zinc deficiency in crops. Zinc sulfate is used in the supply of zinc in animal feeds which induces a high market growth throughout the forecast span
Zinc sulfate plays a prominent role in treating zinc deficiencies in humans and is used as a fertilizer for agricultural sprays to improve soil nutrient which is expected to play a crucial role in the market development
Moreover, increase in use of zinc sulfate for preservatives, protecting agents and water purification is likely to enhance the market growth in the upcoming period
Increase in use of zinc sulfate for various purpose across diverse industries is likely to create immense pool of opportunities in the forthcoming years
However, availability of cheap alternatives with low quality products is likely to restrict the market growth throughout the forecast span