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Global Iron (Ferrous Sulfate) Market Size,Trends, Growth Forecast to 2031

Category : Chemicals & Materials | Report Code : 1886 | Pages : 141 | Oct 2024

Report Overview

Ferrous sulfate has three major forms, ferrous sulfate heptahydrate, ferrous sulfate monohydrate, and ferrous sulfate tetrahydrate. Ferrous sulfate heptahydrate is a direct byproduct of titanium dioxide, and ferrous sulfate monohydrate and ferrous sulfate tetrahydrate can be further processed from ferrous sulfate heptahydrate. Ferrous sulfate heptahydrate is a green, water soluble, acidic salt. It is commonly produced during the titanium dioxide (TiO2) manufacturing process, or as a byproduct of steel pickling. 
The global Iron (Ferrous Sulfate) market size is projected to grow from US$ 273 million in 2024 to US$ 330 million in 2030; it is expected to grow at a CAGR of 3.3% from 2024 to 2030.

Analytic Insights Hub' newest research report, the “Iron (Ferrous Sulfate) Industry Forecast” looks at past sales and reviews total world Iron (Ferrous Sulfate) sales in 2023, providing a comprehensive analysis by region and market sector of projected Iron (Ferrous Sulfate) sales for 2024 through 2030. With Iron (Ferrous Sulfate) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Iron (Ferrous Sulfate) industry.

This Insight Report provides a comprehensive analysis of the global Iron (Ferrous Sulfate) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Iron (Ferrous Sulfate) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Iron (Ferrous Sulfate) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Iron (Ferrous Sulfate) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Iron (Ferrous Sulfate).

Ferrous sulfate is mainly the byproduct during the titanium oxide production using sulfate process. Thus, most of ferrous sulfate manufacturers are global leading titanium oxide producers. As the by product is dangerous chemical, titanium oxide producers must have to handle ferrous sulfate appropriately. Many titanium oxide producers are puzzled by the handle of ferrous sulfate. Only a certain part of ferrous sulfate has been sold to external customers as a commodity, the remained parts are treated as waste.Titanium dioxide manufacturers are facing more pressure for handling of waste, commercialization of ferrous sulfate instead of treating as waste help them increase revenue and release environmental protection pressure synchronously.

Applications of ferrous sulfate mainly come from iron oxide pigment industry, water treatment industry, food industry, feed industry, cement industry, battery industry, agriculture, etc. Among them, iron oxide pigment industry is the largest consumer, with sales share staying at about 30%. In addition, as ferrous sulfate can be used to produce iron phosphate, which is then used in the manufacture of lithium iron phosphate batteries. Demand from battery industry is the most promising driver of the ferrous sulfate industry. Some of ferrous sulfate producers in China are planning to enter into the iron phosphate industry, to stimualte their ferrous sulfate business as well as to get a piece of the pie in the related lithium iron phosphate batteries industry.

This report presents a comprehensive overview, market shares, and growth opportunities of Iron (Ferrous Sulfate) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    Industrial Grade
    Food Grade
    Feed Grade
    Other

Segmentation by Application:
    Iron Oxide Pigments
    Water Treatment
    Feed
    Food
    Cement
    Batteries
    Agriculture
    Other

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
    Lomon Billions Group
    Venator Materials
    CNNC HUA YUAN Titanium Dioxide
    Doguide Group
    Jinmao Titanium
    Jinhai Titanium Resources Technology
    GPRO Investment
    Tronox
    Kronos
    Ishihara Sangyo Kaisha
    Annada Titanium
    Huiyun Titanium
    Precheza
    Verdesian Life Sciences
    Crown Technology
    Gokay Group

Key Questions Addressed in this Report
What is the 10-year outlook for the global Iron (Ferrous Sulfate) market?
What factors are driving Iron (Ferrous Sulfate) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Iron (Ferrous Sulfate) market opportunities vary by end market size?
How does Iron (Ferrous Sulfate) break out by Type, by Application?

Frequently Asked Questions?

Ans - The purpose of a Iron (Ferrous Sulfate) market research report is to provide data-driven insights and analysis on a Iron (Ferrous Sulfate) market. It helps businesses understand industry trends, competition, consumer behavior, market size, growth potential, and risks, supporting strategic decision-making.

Ans - Market research reports typically include both quantitative (market size, revenue, growth rates) and qualitative (trends, consumer preferences, competitive analysis) data. It often includes industry statistics, surveys, expert opinions, historical data, and future forecasts.

Ans - The forecast period typically for Iron (Ferrous Sulfate) market report spans the next 5 to 10 years. It includes projected market trends, growth opportunities, and potential challenges.

Ans - Yes, Analytic Insights Hub customization services, allowing businesses to focus on specific geographies, sectors, or market segments that are relevant to them.

Ans - The report highlights major trends such as technological innovations, consumer behavior shifts, regulatory changes, or emerging markets that may impact the industry?s growth.