Rising Number of Premature Babies to Influence Ferrous Sulfate Demand Through 2028 Fact.MR has published a recent report on the ferrous sulfate market for the forecast period of 2018 to 2028, which offers cumulative insights on the captivating trends influencing long-term aspects of the industry. As per the study, demand from the agricultural domain is foreseen to be one of the key influencing factors driving the growth of the ferrous sulfate market over the forecast timespan. Moreover, the report also reinforces the fact that the surging production of animal livestock will be a prominent influencer boosting the growth of the ferrous sulfate market. For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=1954 Albeit growth at a marginal volume CAGR of 2.5%, the report projects the global demand for ferrous sulfate to be over 24 mn tons by 2028-end. Favorable policies, such as Directive 2003/53/EC of the European Union that mandates the use of ferrous sulfate as a reducing agent additive, are poised to bode well for the growth of the ferrous sulfate market. Fact.MR’s analysis inculcates all the vital aspects, ranging from surging investments in the construction sector to a growing appetite for meat & dietary products, governing the dynamics of the global ferrous sulfate market. Moreover, the recognition provided to ferrous sulfate as an authentic nutritional additive by the European Union (EU) is likely to foster its popularity in the foreseeable future. The Fact.MR research study outlines heptahydrate to be the most dominant type of ferrous sulfate throughout the forecast period, in terms of volume. This proliferation can be attributed to its bolstering demand as a reducing agent across construction projects and rising application in water treatment plants. However, the monohydrate segment is foreseen to steadily gain ground in the ferrous sulfate market and exhibit the highest volume CAGR of 3.1% from 2018 to 2028. The report closely scrutinizes the supply-demand equations of the global ferrous sulfate market. Water treatment is foreseen to be the largest application segment in terms of volume, followed by cement and agriculture. The report unveils that water treatment will remain an eminent application segment for the key stakeholders of the ferrous sulfate market, however, remunerative opportunities will also evolve in the cement and agriculture segment. In terms of growth, cement is likely to register the highest growth at a volume CAGR of 3% from 2018 to 2028. For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=1954 Segmentation
Rising Number of Premature Babies to Influence Ferrous Sulfate Demand Through 2028
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