Global Ferric Sulfate Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Oxidizing Agent Type;

Chlorine, Nitric Acid, and Hydrogen Peroxide.

By Grade;

Reagent Grade, Technical Grade, USP Grade, and Others.

By Application;

Phosphate Removal, Heavy Metal Removal, Hydrogen Sulfide Control, Coagulant, Oxidizing and Reducing Agent, Mordant, Dentistry and Dermatology, Lime Softening, and Others.

By End Use Industry;

Healthcare, Paper and Pulp, Textile, Oil and Gas, Mining, Chemical Processing, Agrochemical, Metal Forming, Electronics, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn564256069 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Ferric Sulfate Market (USD Million), 2021 - 2031

In the year 2024, the Global Ferric Sulfate Market was valued at USD 523.81 million. The size of this market is expected to increase to USD 737.05 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global ferric sulfate market is experiencing steady growth, driven by its increasing applications across various industries such as water treatment, pharmaceuticals, and agriculture. Ferric sulfate is commonly used in water and wastewater treatment processes to remove impurities and suspended solids. It serves as a coagulating agent in the purification process, helping to enhance the efficiency of water treatment plants. As the demand for clean and safe drinking water continues to rise, particularly in regions facing water scarcity or pollution challenges, the need for ferric sulfate in water treatment applications is expected to increase, boosting its market growth.

In addition to its water treatment applications, ferric sulfate is also utilized in the pharmaceutical and agriculture sectors. In the pharmaceutical industry, ferric sulfate is used as a supplement for iron deficiency and anemia treatment. It is also employed in the preparation of certain medications, contributing to the growth of the pharmaceutical segment. In agriculture, ferric sulfate is used as a soil conditioner and as a treatment for various plant diseases. As the global population grows, there is a rising need for agricultural productivity, further propelling the demand for ferric sulfate in crop protection and soil health management.

Geographically, North America and Europe hold significant shares of the global ferric sulfate market, owing to their advanced water treatment infrastructure and the high demand for effective water purification solutions. The Asia-Pacific region, particularly countries like China and India, is expected to witness rapid growth in the ferric sulfate market. This is attributed to urbanization, industrial growth, and increasing environmental concerns, which drive the demand for water treatment chemicals. Furthermore, as countries in the Asia-Pacific region continue to focus on improving water quality and agricultural productivity, the ferric sulfate market in these regions is anticipated to expand significantly in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Oxidizing Agent Type
    2. Market Snapshot, By Grade
    3. Market Snapshot, By Application
    4. Market Snapshot, By End Use Industry
    5. Market Snapshot, By Region
  4. Global Ferric Sulfate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in Industrialization and Urbanization

        2. Expansion in Mining Activities

        3. Regulatory Requirements for Water Quality

      2. Restraints
        1. Fluctuations in Raw Material Prices

        2. Competition from Alternative Coagulants

        3. Regulatory Compliance and Standards

      3. Opportunities
        1. Expansion in Emerging Markets

        2. Increasing Investment in Infrastructure Projects

        3. Growing Demand in Industrial Applications

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Ferric Sulfate Market, By Oxidizing Agent Type, 2021 - 2031 (USD Million)
      1. Chlorine
      2. Nitric Acid
      3. Hydrogen Peroxide
    2. Global Ferric Sulfate Market, By Grade, 2021 - 2031 (USD Million)
      1. Reagent Grade
      2. Technical Grade
      3. USP Grade
    3. Global Ferric Sulfate Market, By Application, 2021 - 2031 (USD Million)
      1. Phosphate Removal
      2. Heavy Metal Removal
      3. Hydrogen Sulfide Control
      4. Coagulant
      5. Oxidizing and Reducing Agent
      6. Mordant
      7. Dentistry and Dermatology
      8. Lime Softening
    4. Global Ferric Sulfate Market, By End Use Industry, 2021 - 2031 (USD Million)
      1. Healthcare
      2. Paper and Pulp
      3. Textile
      4. Oil and Gas
      5. Mining
      6. Chemical Processing
      7. Agrochemical
      8. Metal Forming
      9. Electronics
    5. Global Ferric Sulfate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Pennco Inc.
      2. Altivia Chemicals LLC
      3. Kemira Oyj
      4. Hunan Yide Chemical Co. Ltd
      5. Hawkins, Inc
      6. Sigma-Aldrich
      7. The Chemical Company
      8. Thermo Fisher Scientific Inc
      9. Beijing Ouhe Technology Co Ltd
      10. Adamas Reagent
  7. Analyst Views
  8. Future Outlook of the Market