PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1891504
PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1891504
The global zinc sulphate market continues to expand steadily due to its rising use in agriculture, pharmaceuticals, chemical synthesis, and water treatment applications. According to the latest industry estimates, the market was valued at USD 1.91 billion in 2024, driven primarily by increasing awareness of micronutrient deficiency in crops and the essential role of zinc in human and animal health. By 2025, the market is projected to reach USD 2.00 billion, and it is expected to grow significantly to USD 2.92 billion by 2032, reflecting a strong CAGR of 5.5% from 2025 to 2032.
Zinc sulphate is widely used as both a nutritional supplement and an industrial compound. Known chemically as ZnSO4, it is available in several hydrate forms, each suitable for specific applications. It plays a vital biological role in enzymatic processes, protein synthesis, immune function, wound healing, and cellular metabolism. Additionally, it remains one of the most widely used micronutrient fertilizers in agriculture due to its ability to correct zinc deficiency in soil and crops.
Market Overview and Regional Leadership
In 2024, Asia Pacific dominated the global zinc sulphate market with a 54.45% share, equivalent to USD 1.04 billion, rising from USD 0.99 billion in 2023. The region's leadership is attributed to growing agricultural demand, increased micronutrient awareness, and large-scale chemical manufacturing in China and India. China continues to hold a prominent position, supported by strong production capacity and an 18.2% share in chemical synthesis applications in 2024.
North America is projected to show substantial gains driven by pharmaceutical demand, particularly in the United States where zinc sulphate is widely used in supplements, oral rehydration solutions, and cold therapy formulations. In Europe, steady industrial consumption, especially in agrochemicals and synthetic chemistry, supports market stability. Germany, France, and Italy remain the key contributors to European growth.
Meanwhile, Latin America's market expansion is supported by increased usage in pharmaceuticals and synthetic fibers across Brazil, Mexico, and Argentina. The Middle East & Africa is also witnessing rising demand, particularly due to growing water treatment activities and the expansion of the regional chemical sector.
Key Market Trends
Government Initiatives to Improve Crop Yield
Government policies targeted at enhancing agricultural productivity are significantly boosting zinc sulphate demand. Large-scale awareness programs are educating farmers on micronutrient deficiency and soil health, leading to increased adoption of zinc-enriched fertilizers. Workshops, subsidies, and national soil health campaigns in countries such as India and China have strengthened market demand, contributing to Asia Pacific's rise from USD 0.99 billion in 2023 to USD 1.04 billion in 2024.
Rising Use in the Pharmaceutical Industry
The pharmaceutical sector represents a fast-growing application area for zinc sulphate. Its essential role in treating zinc deficiency, immune support, and pediatric health has led to rising inclusion in nutritional supplements, oral rehydration therapies, and antiviral cold treatment formulations. The increasing prevalence of zinc-deficiency-related conditions globally further strengthens this demand.
Restraints Impacting Market Growth
The primary restraint for the zinc sulphate market is raw material price volatility. Disruptions in zinc ore mining, geopolitical risks, logistics challenges, and fluctuating energy costs can increase production expenses, affecting product pricing and availability. These fluctuations especially impact agricultural and pharmaceutical applications where affordability is critical.
Market Segmentation Insights
By Type
The heptahydrate segment dominated the market in 2024, driven by its high solubility, ease of use in liquid formulations, and extensive use in rayon production, dyeing, and lithopone manufacturing. Monohydrate zinc sulphate is expected to grow steadily due to its rising use in agriculture, animal nutrition, and dietary supplements.
By Application
The agrochemicals segment held the largest share in 2024, as zinc sulphate is indispensable for correcting soil micronutrient deficiencies. In water treatment, its ability to control algae and prevent rust enhances demand. The pharmaceutical segment is projected to hold a 26.3% share in 2024, strengthened by growing global demand for zinc supplements.
Industry Landscape
The market is moderately consolidated with strong competition among global producers. Leading companies-including Balaji Chemicals, Changsha Haolin Chemicals, Old Bridge Minerals, Rongqing Chemical, Clean Agro, Oasis Fine Chem, FUJI KASEI, GRILLO-Werke AG, and Prakash Chemicals-are focusing on production expansion, product enhancement, and capacity building to strengthen their market presence.
Recent developments include the March 2023 breakthrough by Nevada Zinc Corporation, which successfully produced high-quality zinc sulphate monohydrate, and American Regent's 2020 launch of zinc sulfate injection for clinical nutrition.
Conclusion
With market value rising from USD 1.91 billion in 2024 to USD 2.00 billion in 2025, and reaching USD 2.92 billion by 2032, the global zinc sulphate market is set for stable long-term growth. Increasing agricultural micronutrient use, expanding pharmaceutical applications, and supportive government initiatives will continue to drive market momentum through 2032.
Segmentation By Type
By Application
By Region