Global Iron Sulfate Heptahydrate Market is projected to be valued $XXBillion by 2025; with a CAGR of XX% from 2017 to 2025. Sulfate compounds are salts of sulfuric acid which is formed by replacing one or more of the hydrogen atoms with a metal atom. Iron Sulfate heptahydrate (iron (II) Sulfate) is also known as ferrous Sulfate heptahydrate. It is soluble in acids and water. It shows octahedral-molecular geometry of iron. Most of the metallic Sulfate compounds are readily soluble in water. Iron Sulfate heptahydrate is formed during the manufacture of titanium dioxide from ilmenite. Iron Sulfate heptahydrate is similarly known as copperas or green vitriol. Sulfate is the co-product of the manufacturing process of titanium dioxide. Crystallization of hot Sulfate solution can also produce iron Sulfate heptahydrate, upon cooling.
Ever-increasing medical sector owing to the growing population worldwide are the major factors supplementing the market growth. However, the high implementation cost of this technology and techniques & methods used for extraction and availability are the major hindrances for the growth of the market. Extensive utilization in the chemical industry as a raw material for ferrite and as an analytical & chromatographic reagent would generate new opportunities for the market in the future years.
Application and geography are the various classifications of the global Iron Sulfate Heptahydrate market. The application segment is sub-segmented as water purification, nutrition supplement, fertilizer, pesticides, cement additive, chromatographic agent, textile dye fixative, coloring agent, analytical agent, local astringent, and others.
North America, Europe, Asia-Pacific, and Rest of the World (RoW) are the geographical splits of the market. The country-wise analysis has been also covered under the scope of the report. North America covers the U.S., Canada, and Mexico wherein Europe covers UK, Germany, France, Italy, Russia, and Rest of Europe. China, Japan, India, South Korea, and Rest of Asia-Pacific are covered under the Asia-Pacific. Rest of the World (RoW) includes South America, the Middle East, and Africa.
Major Key players operating in the global market include 3M Company, GKN PLC, Materion Corporation, ADMA Products, Inc, Daewha Alloytic Co. Ltd, Sandvik AB, Ceradyne, MI-Tech Metals, Inc, Metal Matrix Cast Composites LLC, Hitachi Metals, CPS Technologies Corporation, and DWA Aluminum Composites, and others.
The key takeaways from the report
Scope of the Global Iron Sulfate Heptahydrate Market