Ferrous Sulfate Market, By Type (Monohydrate and Heptahydrate), By Application (Pharmaceutical, Water Treatment, Cement, Agricultural, Food & Animal Feed, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

PUBLISHED: February 12, 2025

PAGES: 160 Pages

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Description

Global Ferrous Sulfate Market is estimated to be valued at USD 2.67 Bn in 2025 and is expected to reach USD 3.35 Bn by 2032, growing at a compound annual growth rate (CAGR) of 3.3% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 2.67 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	3.30%	2032 Value Projection:	USD 3.35 Bn

Figure. Ferrous Sulfate Market Share (%), By Region 2025

Ferrous sulfate is an inorganic compound with the formula FeSO4(H2O)x, where x can range from 0 to 7. It is used as a nutritional supplement because of its high iron content. It contains iron in a form that is readily available and easily absorbed by the body. Ferrous sulfate is commonly used to treat and prevent iron deficiency anemia. It is one of the primary compounds used in fertilizers for its ability to deliver iron to plants. Global ferrous sulfate market has been gaining momentum in recent times due to rising awareness about iron deficiency and the growth of the agriculture sector.

Market Dynamics:

Global ferrous sulfate market growth is driven by growing prevalence of iron-deficiency anemia across the world. Iron deficiency is one of the most common nutritional deficiencies worldwide, prominently affecting young children and women. According to the WHO, approximately 2 billion people suffer from iron deficiency globally. Ferrous sulfate supplements are extensively prescribed by doctors as an effective treatment for iron deficiency. The market is also witnessing opportunities due to increasing demand for iron-enriched crops from the agricultural industry. Ferrous sulfate acts as a micronutrient fertilizer that supplies iron to plants and improves their chlorophyll content as well as overall quality. However, factors such as side effects associated with excessive intake of ferrous sulfate like nausea, constipation can hamper the market growth. Stringent regulations pertaining to the use of ferrous sulfate in agricultural applications also pose challenges.

Key Features of the Study:

This report provides in-depth analysis of the global ferrous sulfate market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global ferrous sulfate market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Crown Technology, Inc., Venator Materials PLC, Verdesian Life Sciences, LLC, Rech Chemical Co. Ltd., Coogee Chemicals Pty Ltd., Chemland Group, Hong Yield Chemical Industrial Co., Ltd., Changsha Haolin Chemicals Co., Ltd., PJSC Sumykhimprom., Nilkanth Organics, Hemadri Chemicals, Ennore India Chemicals, Rishi Chemicals, Bhagwati Chemicals, Vinipul Inorganics India Pvt. Ltd., Meghachemi Industries, Shrinath Enterprises, Ottokemi, and Destiny Chemicals
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global ferrous sulfate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ferrous sulfate market

Detailed Segmentation-

Type:
- Monohydrate
- Heptahydrate
Application:
- Pharmaceutical
- Water Treatment
- Cement
- Agricultural
- Food & Animal Feed
- Others (Pigments, etc.)
Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Crown Technology, Inc.
- Venator Materials PLC
- Verdesian Life Sciences, LLC
- Rech Chemical Co. Ltd.
- Coogee Chemicals Pty Ltd.
- Chemland Group
- Hong Yield Chemical Industrial Co., Ltd.
- Changsha Haolin Chemicals Co., Ltd.
- PJSC Sumykhimprom.
- Nilkanth Organics
- Hemadri Chemicals
- Ennore India Chemicals
- Rishi Chemicals
- Bhagwati Chemicals
- Vinipul Inorganics India Pvt. Ltd.
- Meghachemi Industries
- Shrinath Enterprises
- Ottokemi
- Destiny Chemicals

Product Code: CMI359

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trends

4. Global Ferrous Sulfate Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting Global Ferrous Sulfate Market - COVID-19
Impact Analysis

5. Global Ferrous Sulfate Market, By Type, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Monohydrate
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Heptahydrate
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)

6. Global Ferrous Sulfate Market, By Application, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Pharmaceutical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Water Treatment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Cement
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Agricultural
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Food & Animal Feed
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Others (Pigments, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)

7. Global Ferrous Sulfate Market, By Region, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2032
North America
- Market Share Analysis, By Country, 2025, 2027 and 2032 (%)
- Y-o-Y Growth Analysis, By Country, 2020 - 2032
- Market Size and Forecast, By Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
  - U.S.
  - Canada
Latin America
- Market Share Analysis, By Country, 2025, 2027 and 2032 (%)
- Y-o-Y Growth Analysis, By Country, 2020 - 2032
- Market Size and Forecast, By Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Market Share Analysis, By Country, 2025, 2027 and 2032 (%)
- Y-o-Y Growth Analysis, By Country, 2020 - 2032
- Market Size and Forecast, By Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2025, 2027 and 2032 (%)
- Y-o-Y Growth Analysis, By Country, 2020 - 2032
- Market Size and Forecast, By Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Application , 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Market Share Analysis, By Country, 2025, 2027 and 2032 (%)
- Y-o-Y Growth Analysis, By Country, 2020 - 2032
- Market Size and Forecast, By Type, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn)
- Market Size and Forecast, By Sub-region, 2020 - 2032, (US$ Bn)
Middle East
Africa

8. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Crown Technology, Inc.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Venator Materials PLC
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Verdesian Life Sciences, LLC
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Rech Chemical Co. Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Coogee Chemicals Pty Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Chemland Group
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Hong Yield Chemical Industrial Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Changsha Haolin Chemicals Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- PJSC Sumykhimprom.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Nilkanth Organics
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Hemadri Chemicals
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Ennore India Chemicals
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Rishi Chemicals
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Bhagwati Chemicals
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Vinipul Inorganics India Pvt. Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Meghachemi Industries
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Shrinath Enterprises
- Ottokemi
- Destiny Chemicals