The Ferrous Sulfate Market was valued at USD 2.04 billion in 2024. The Ferrous Sulfate Market industry is projected to grow from USD 2.13 billion in 2025 to USD 3.57 billion by 2035, exhibiting a compound annual growth rate (CAGR) of 4.87% during the forecast period (2025-2035).
The rising demand for fertilizers and growing industrial applications and increasing health and nutritional awareness are driving the growth of the Ferrous Sulfate Market.
As per the Analyst at MRFR, Ferrous sulphate is among the most important agents used for the preparation of fertilizers. The latter is crucial for the growth of crops and the improvement of agricultural production. In the modern world, the increase in the population results in the growing need for food. Generally, it may be stated that efficient fertilizers guarantee higher crop yields. Ferrous sulphate is particularly beneficial as it serves as a cheap iron source that is available in the amounts needed. Consequently, the growing need for fertilizers is likely to remain the key factor determining the growth of the ferrous sulphate market in the future.
FIGURE 1: FERROUS SULFATE MARKET VALUE (2019-2035) USD BILLION
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
In the current scenario, the global ferrous sulphate market is expected to experience notable growth opportunities within the pharmaceutical sector. This expansion is driven by the increasing use of ferrous sulphate as a nutritional supplement. As public awareness about health grows and preventive healthcare gains priority worldwide, there is a rising demand for dietary supplements. Serving as an important source of iron, ferrous sulphate plays a vital role in addressing iron deficiency anemia widespread condition affecting diverse demographic groups globally.
The pharmaceutical sector is expanding due to a rising global population and increased healthcare spending, which is expected to grow significantly over the years. This growth boosts the demand for ferrous sulphates as an essential component in nutritional therapies. Consequently, this trend is likely to enhance market expansion by tapping into the health and wellness industry and offering significant opportunities for growth.
Based on Form, this segment includes Granule or Powder and Liquid. The Liquid segment dominated the global market in 2024, while it is projected to be the fastest–growing segment during the forecast period. Liquid ferrous Sulphate is an aqueous solution of iron (II) Sulphate, often prepared by dissolving ferrous Sulphate heptahydrate or monohydrate in water. The concentration of iron (Fe²⁺) in liquid ferrous Sulphate can vary depending on the intended application.
FIGURE 2: FERROUS SULFATE MARKET SHARE BY FORM 2024 AND 2035 (USD BILLION)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Based on Type, this segment includes Ferrous Sulfate Heptahydrate, Ferrous Sulfate Monohydrate, Ferrous Sulfate Tetrahydrate, Ferrous Sulfate Anhydrous, Others. The Ferrous Sulfate Heptahydrate segment dominated the global market in 2024, while it is projected to be the fastest–growing segment during the forecast period. Ferrous Sulphate Heptahydrate is the most commonly used form of ferrous Sulphate. It contains seven water molecules in its crystalline structure and is primarily employed in water treatment, iron fortification, and as a reducing agent in several industrial processes.
In the agricultural sector, this form is often used as a soil amendment to correct iron deficiencies in plants. Additionally, it plays a role in the synthesis of various chemicals and is a key precursor in the production of other iron compounds. In industrial applications, the heptahydrate form of ferrous Sulphate is widely used for water purification. It reacts with hydrogen sulfide in water to form iron sulfides, effectively removing contaminants from water systems. The heptahydrate is also used in the manufacturing of iron oxide pigments and as a reducing agent in various chemical reactions.
Based on Application, this segment includes Construction, Water Treatment, Pigments, Pharmaceutical, Animal Feed, Others. The Pharmaceutical segment dominated the global market in 2024, while the Water Treatment segment is projected to be the fastest–growing segment during the forecast period. In the pharmaceutical industry, ferrous Sulphate is widely used as a source of iron in iron supplements. It is a key ingredient in the treatment of iron deficiency anemia, a condition that is prevalent in populations with insufficient dietary iron intake.
The bioavailability of ferrous Sulphate in the body makes it an effective treatment for anemia, as it provides the body with the iron needed for the production of hemoglobin and red blood cells. Ferrous Sulphate is also utilized in various pharmaceutical formulations, including oral tablets and liquid preparations. It is sometimes combined with other nutrients, such as folic acid, to provide a comprehensive solution for treating iron deficiency and anemia.
Based on the Region, the global Ferrous Sulfate is segmented into North America, Europe, Asia-Pacific, South America and Middle East & Africa. The Asia-Pacific dominated the global market in 2024, while it is projected to be the fastest–growing segment during the forecast period. Major demand factors driving the Asia-Pacific market are the rising demand for fertilizers and growing industrial applications and increasing health and nutritional awareness.
This regional growth is driven by the region's extensive agricultural activities, especially in countries such as China and India, where there is significant demand for ferrous Sulphate to amend soil. Furthermore, the swift industrialization in these nations fuels the need for water treatment and pigment industries. Significant markets for ferrous Sulphate can be found in North America and Europe, largely due to strict environmental regulations that encourage its use in water treatment processes aimed at lowering phosphorus levels. Additionally, North America's advanced agricultural technologies lead to considerable utilization of ferrous Sulphate for soil conditioning and fortification efforts.
FIGURE 3: FERROUS SULFATE MARKET VALUE BY REGION 2024 AND 2035 (USD BILLION)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Further, the countries considered in the scope of the Application Tracking System Market are the U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Japan, China, India, Australia, Brazil, Colombia, South Africa, GCC Countries and others.
Many global, regional, and local vendors characterize the Ferrous Sulfate Market. The market is highly competitive, with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront market growth. The vendors compete based on cost, product quality, reliability, and government regulations. Vendors must provide cost-efficient, high-quality products to survive and succeed in an intensely competitive market.
The major competitors in the market are Chemland group, Kemira, Merck KGaA, Pencco, Inc., Rech Chemicals Co. Ltd., Thermo Fisher Scientific Inc., Venator Materials PLC, KRONOS International, Inc., Changsha Haolin Chemicals Co., Ltd are among others. The Ferrous Sulfate Market is a consolidated market due to increasing competition, acquisitions, mergers and other strategic market developments and decisions to improve operational effectiveness.
| Report Attribute/Metric | Details |
| Market Size 2024 | USD 2.04 Billion |
| Market Size 2025 | USD 2.13 Billion |
| Market Size 2035 | USD 3.57 Billion |
| Compound Annual Growth Rate (CAGR) | 4.87% (2025-2035) |
| Base Year | 2024 |
| Forecast Period | 2025-2035 |
| Historical Data | 2019-2023 |
| Forecast Units | Value, Volume (USD Billion, K Tons) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Form, By Type, By Application |
| Geographies Covered | North America, Europe, Asia Pacific, South America, Middle East & Africa |
| Countries Covered | The U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Japan, China, India, Australia, Brazil, Colombia, South Africa, GCC Countries |
| Key Companies Profiled | Chemland group, Kemira, Merck KGaA, Pencco, Inc., Rech Chemicals Co. Ltd., Thermo Fisher Scientific Inc., Venator Materials PLC, KRONOS International, Inc., Changsha Haolin Chemicals Co., Ltd |
| Key Market Opportunities | · Rising demand from pharmaceutical sector · Introduction of eco-friendly production methods |
| Key Market Dynamics | · Rising demand for fertilizers · Growing industrial applications · Increasing health and nutritional awareness |
Frequently Asked Questions (FAQ) :
USD 2.04 Billion is the Ferrous Sulfate Market in 2024
The Liquid segment by Form holds the largest market share and grows at a CAGR of 5.22 % during the forecast period.
Asia-Pacific holds the largest market share in the Ferrous Sulfate Market.
Chemland group, Kemira, Merck KGaA, Pencco, Inc., Rech Chemicals Co. Ltd., Thermo Fisher Scientific Inc., Venator Materials PLC, KRONOS International, Inc., Changsha Haolin Chemicals Co., Ltd are prominent players in the Ferrous Sulfate Market.
The Ferrous Sulfate Heptahydrate segment dominated the market in 2024.
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Senior Research Analyst I have a bachelor's degree in mechanical engineering and an mba. i have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. a firm believer in lifelong learning and sharing of knowledge. having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest.
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