Ferrous Sulfate Market Set to Witness a Steady CAGR Value through 2018 to 2028

In a recent business intelligence study, FactMR presents the nitty-gritty of the global ferrous sulfate market considering 2013-2017 as the historic year and 2018–2028 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting ferrous sulfate market growth. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are Crown Technology Inc., Verdesian Life Sciences LLC, Rishi Chemical Works Pvt. Ltd., Rech Chemical Co. Ltd. and many others.

The ferrous sulfate market report addresses the below-mentioned queries:

• Why are vendors shifting away from traditional methods of manufacturing ferrous sulfate?
• How does the global ferrous sulfate market looks like in the next five years?
• Which end use industry is expected to surpass segment by the end of 2028?
• What innovative products are being introduced by the players in the global ferrous sulfate market?
• Which regions are showing the fastest market growth?

FactMR has published a recent report on the ferrous sulfate market for the forecast period of 2018 to 2028, which offers cumulative insights on the captivating trends influencing long-term aspects of the industry. As per the study, demand from the agricultural domain is foreseen to be one of the key influencing factors driving growth of ferrous sulfate market over the forecast timespan. Moreover, the report also reinforces on the fact that surging production of animal livestock will be a prominent influencer boosting the growth of ferrous sulfate market.

Albeit growth at a marginal volume CAGR of 2.5%, the report projects the global demand for ferrous sulfate to be over 24 mn tons by 2028-end. Favorable policies, such as Directive 2003/53/EC of the European Union that mandates use of ferrous sulfate as a reducing agent additive, are poised to bode well for the growth of ferrous sulfate market. Fact.MR’s analysis inculcates all the vital aspects, ranging from surging investments in the construction sector to growing appetite for meat & dietary products, governing the dynamics of global ferrous sulfate market. Moreover, the recognition provided to ferrous sulfate as an authentic nutritional additive by the European Union (EU) is likely to foster its popularity in the foreseeable future.

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The Fact.MR research study outlines heptahydrate to be the most dominant type ferrous sulfate throughout the forecast period, in terms of volume. This proliferation can be attributed to its bolstering demand as a reducing agent across construction projects and rising application in water treatment plants. However, the monohydrate segment is foreseen to steadily gain grounds in the ferrous sulfate market and exhibit the highest volume CAGR of 3.1% from 2018 to 2028.

The report closely scrutinizes the supply-demand equations of the global ferrous sulfate market. Water treatment is foreseen to be the largest application segment in terms of volume, followed by cement and agriculture. The report unveils that water treatment will remain an eminent application segment for the key stakeholders of ferrous sulfate market, however, remunerative opportunities will also evolve in the cement and agriculture segment. In terms of growth, cement is likely to register the highest growth at a volume CAGR of 3% from 2018 to 2028.

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The report on ferrous sulfate market includes detailed assessment on various key companies involved in the manufacturing of ferrous sulfate. Key developments and major facets of ferrous sulfate market players has been included in the competitive landscape section of the report. The ferrous sulfate market report has profiled key companies including but not limited to Kronos Worldwide Inc., Verdesian Life Sciences LLC and Venator Materials PLC.

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