QY Research has published the new industry research of the “Global Monohydrate and Hepahydrate Zinc Sulfate market Size and Forecast 2025” The report focuses on Global major leading players with information such as company profiles, product picture, future road map, opportunities and investment.
City of Industry, CA -- (SBWIRE) -- 06/14/2018 -- This report studies the global Monohydrate and Hepahydrate Zinc Sulfate market status and forecast, categorizes the global Monohydrate and Hepahydrate Zinc Sulfate market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Zinc sulfate is the inorganic compound with the formula ZnSO4 as well as any of three hydrates. It was historically known as "white vitriol". It is a powder that is colorless and completely water-soluble that is a common source of soluble zinc ions.
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Monohydrate zinc sulfate and heptahydrate zinc sulfate have the same active components, but they differ on the number of water of hydration. Monohydrate zinc sulfate has one molecule of water in its molecular formula while heptahydrate zinc sulfate contains seven molecules of water in its molecular formula. As a result, monohydrate zinc sulfate contains higher active component of zinc which is about 35 – 36% as zinc while heptahydrate zinc sulfate contains about 20 – 22% as zinc. However, because of the difference in the number of water of hydration, heptahydrate zinc sulfate is less stable than monohydrate zinc sulfate because of its ability to absorb water is greater than the latter.
Monohydrate and heptahydrate zinc sulfate are the main types of zinc sulfate. It can be widely used in many industries. Survey results showed that 57.92% of the monohydrate and heptahydrate zinc sulfate market is agriculture and animal husbandry industry, 16.40% is industry application, 12.81% is food industry, 5.62% is pharmaceuticals industry and 7.24% divided among other industries. With the development of economy, these industries will need more monohydrate and heptahydrate zinc sulfate. So, monohydrate and heptahydrate zinc sulfate has a huge market potential in the future.
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The major raw material for monohydrate and heptahydrate zinc sulfate is zinc oxide, sulfuric acid, zinc powder, etc. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of monohydrate and heptahydrate zinc sulfate industry.
We tend to believe this industry is an emerging industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
The global Monohydrate and Hepahydrate Zinc Sulfate market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.