Ferrous Sulfate Market Size

  • Report ID: 4985
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Ferrous Sulfate Market Size

Ferrous Sulfate Market size was over USD 11.76 billion in 2024 and is poised to reach USD 32.58 billion by the end of 2037, growing at around 8.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of ferrous sulfate is assessed at USD 12.53 billion.

The market growth is attributed to the increasing demand for iron supplements and the growing awareness of iron-deficiency anemia. The World Health Organization (WHO) estimates that over 30% of the world's population suffers from anemia, and iron-deficiency anemia is the most common form of anemia.

In addition to this, ferrous sulfate is also used in the water treatment, agriculture, and textile industries. It is used as a flocculating agent in water treatment plants, as a nutrient for crops in agriculture, and as a dye in the textile industry. According to the Food and Agriculture Organization of the United Nations (FAO), global agricultural production is expected to increase by 1.2% per year over the next decade, driven by population growth and increasing demand for food.


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Author Credits:  Rajrani Baghel


  • Report ID: 4985
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of ferrous sulfate is assessed at USD 12.53 billion.

The ferrous sulfate market size was over USD 11.76 billion in 2024 and is poised to reach USD 32.58 billion by the end of 2037, growing at around 8.1% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for food will drive the market growth.

Asia Pacific region is slated to hold largest revenue share by 2037, impelled by growing agriculture sector in the region.

The major players in the market include Venator Materials PLC, Chemifloc Limited, LKAB Minerals AB, Gokay Mining and Chemicals, Crown Technology, LLC, Rech Chemical Co. Ltd., KRONOS Worldwide, Inc., Chengdu XiYa Chemical Technology Co., Ltd., ERCO Worldwide, Belinka Perkemija d.o.o.
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