Market Overview
The Ferrous Sulfate Industry is predicted to develop at a high CAGR (growth rate) of 4.11% over the study period.

Ferrous sulfate’s key market drivers include uses in water and wastewater treatment, agriculture, and pharmaceutical manufacture. The growing demand for clean water, increased agricultural production, and the expansion of the pharmaceutical industry all help to drive market growth.

Opportunities for exploration in the ferrous sulfate market include the development of new and creative uses, such as soil remediation and micronutrient fertilizer. Furthermore, the increased emphasis on sustainability and environmental standards provides potential for businesses to capitalize on ferrous sulfate’s role in water purification and pollution management. Recent trends in the ferrous sulfate market include an increased use of green chemistry concepts, which has led to the development of ecologically friendly production processes. Furthermore, the use of modern technologies, such as nanotechnology, creates chances to improve the performance and adaptability of ferrous sulfate in a variety of applications.

Market Segmentation

  • The ferrous sulfate market is segmented by application, including water treatment, fertilizer, food additive, pharmaceutical, ink & dye, and other applications.
  • The ferrous sulfate market is divided into liquid, dry, granular, and other types.
  • The Ferrous Sulfate Market is divided into four purity levels: industrial grade, food grade, pharmaceutical grade, and other.
  • The Ferrous Sulfate Market is divided into five distribution channels: direct sales, distributors, retailers, internet platforms, and others.


Regional insights
The Ferrous Sulfate Market is divided into North America, Europe, APAC, South America, and MEA. Among these regions, APAC is estimated to have the biggest market share in 2023, valued at USD 650 million. This is due to increased demand for ferrous sulfate in the region’s agriculture and construction sectors. Europe is predicted to be the second-largest market, valued at USD 500 million in 2023. The increasing usage of ferrous sulfate in water treatment and metalworking applications is driving the region’s demand for it. North America is predicted to be the third-largest market, valued at USD 400 million in 2023. The increasing usage of ferrous sulfate in the automotive and food industries is driving the region’s demand for it. South America and the Middle East and Africa are predicted to have the smallest ferrous sulfate markets in 2023, with valuations of USD 200 million and USD 150 million, respectively.

Major Players
Lomon Billions, Novacap Group, Brenntag SE, Hebei Shenyuan Chemical Co., Ltd., Clariant AG, Jiangsu Fengyuan Chemical Co., Ltd., O’Brien Chemical, Chemet Technologies Inc., Sinopharm Group, BASF SE, CDH Fine Chemical Co., Ltd., Kemira Oyj, Arkema S.A., and Solvay SA are among the key players in the ferrous sulphate market.