Zinc Sulfate Market
The market for Zinc Sulfate was estimated at $2.1 billion in 2024; it is anticipated to increase to $3.2 billion by 2030, with projections indicating growth to around $4.7 billion by 2035.
Global Zinc Sulfate Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Zinc Sulfate industry revenue is expected to be around $2.2 billion in 2025 and expected to showcase growth with 7.7% CAGR between 2025 and 2034. The Zinc Sulfate market experiences strong growth because of its expanding importance across different market segments. The market demand rises because Zinc Sulfate serves multiple functions across agricultural and pharmaceutical and water treatment sectors. The substance remains crucial because it serves vital functions in agriculture and human health and environmental protection. The market growth of Zinc Sulfate occurs because it effectively treats zinc deficiencies in plants and people which has made it a widely used substance.
Zinc Sulfate functions as a chemical compound which demonstrates three main characteristics through its high water solubility and non flammable nature and stable behavior at typical environmental conditions. The agricultural sector employs Zinc Sulfate as a fertilizer additive to boost both crop quantity and quality. The pharmaceutical industry depends on Zinc Sulfate to create medicinal drugs because of its therapeutic value. The water treatment industry now shows increasing demand for Zinc Sulfate because it functions as a coagulant for phosphate removal.
Market Key Insights
- The Zinc Sulfate market is projected to grow from $2.1 billion in 2024 to $4.3 billion in 2034. This represents a CAGR of 7.7%, reflecting rising demand across Agriculture & Animal Feed, Water Treatment and Pharmaceutical Industry.
- Old Bridge Chemicals, Zinc Nacional, Bohigh Group are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Zinc Sulfate market and are expected to observe the growth CAGR of 5.0% to 7.4% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 8.9% to 10.6%.
- Transition like Shift towards Biofortification is expected to add $106 million to the Zinc Sulfate market growth by 2030.
- The Zinc Sulfate market is set to add $2.3 billion between 2024 and 2034, with manufacturer targeting Pharmaceutical & Textile Applications projected to gain a larger market share.
- With Rising demand in agriculture, and Increasing use in healthcare industry, Zinc Sulfate market to expand 110% between 2024 and 2034.