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Iron Sulfate Heptahydrate Market growth is driven by strong application trends in textile dye fixative segment

Author : Ronak Bora | Published Date : 2019-04-05 

On the basis of application, the iron sulfate heptahydrate market is segmented as water purification, textile dye fixative, coloring agent, nutrition supplement, fertilizer, pesticides, cement additive, chromatographic agent, analytical agent, local astringent, and others. It serves end-user industries such as chemical, medical, water treatment, textile, agriculture, food & beverages, cement, and others.

Textile industry uses the product as an ink constituent, and textile dye fixative for leather blackening. Its usage is increasing in water treatment industry for water purification as it removes phosphate and flocculation from industrial and municipal sewage. It prevents eutrophication of water bodies. Robust industrialization along with rapid urbanization is increasing the requirement of water purification, thus flourishing iron sulfate heptahydrate market in the forecast timeframe.

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Global Iron Sulfate Heptahydrate Market size is expected to witness significant gains between 2017 and 2024. Product is registering increasing consumption in the industries of medical, textiles, agriculture, cement, chemical and water treatment.

Iron sulfate heptahydrate is also recognized by the name ferrous sulfate heptahydrate. It consists of iron in the range of 19 to 20% by its weight and is therefore used in medical applications for treatment of iron deficiency diseases. It is also used in medical industry as anti-anemia, blood tonic, and local astringent. The compound is listed in The World Health Organization (WHO) list of basic health medicines and is considered as one of the important medicines. Escalating medical sector owing to growing population worldwide is likely to boost iron sulfate heptahydrate market during the forecast period.

Asia Pacific is anticipated to dominate global iron sulfate heptahydrate market between 2017 and 2024 owing to boom in textile market. In last decade, the region had witnessed considerable increase in number of cloth mills. Textile industry is expected to register significant gains owing to clothing fad among youngsters and demand of high quality fabric in upper class segment population. North America is following the growth trend of Asia Pacific in term of consumption of the compound due to surge in its medical and chemical industry. U.S. is the hub for pharmaceutical giants such as Novartis, Pfizer, and Johnson & Johnson.

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Key manufacturers in the global iron sulfate heptahydrate market include Materion Corporation, ADMA Products, Inc, Daewha Alloytic Co. Ltd, Sandvik AB, Ceradyne, MI-Tech Metals, Inc, Metal Matrix Cast Composites LLC, 3M Company, GKN PLC, Hitachi Metals, CPS Technologies Corporation, and DWA Aluminum Composites.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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