Ferrous Sulfate Market Size and Share

Ferrous Sulfate Market Summary
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Ferrous Sulfate Market Analysis by Mordor Intelligence

The ferrous sulfate market size is estimated at USD 2.16 billion in 2025, and is expected to reach USD 2.64 billion by 2030, at a CAGR of 4.12% during the forecast period (2025-2030). Demand stability reflects the compound’s dual function as an essential coagulant for water infrastructure and a front-line oral iron supplement, both of which keep procurement budgets intact when broader industrial output slows. A pronounced geographic skew supports this outlook: Asia-Pacific alone generated 49.92% of overall 2024 revenues and is advancing at a 4.92% CAGR to 2030, a trajectory linked to China’s 908 million t pig-iron output that feeds by-product supply chains. On the consumption side, water treatment applications dominated with 38.61% share in 2024, while pharmaceuticals and nutraceuticals represent the fastest-growing demand centre, expanding at 5.04% CAGR as the global burden of iron-deficiency anaemia drives therapeutic volumes. Competitive intensity remains moderate; leading chemical producers are adding coagulant capacity close to steel mills, locking in low-cost feedstocks and buffering against raw-material swings.

Key Report Takeaways

  • By product type, ferrous sulfate heptahydrate held 64.47% of the ferrous sulfate market share in 2024, while monohydrate is set to post a 4.68% CAGR to 2030.
  • By application, water treatment captured 38.61% of the ferrous sulfate market size in 2024; pharmaceuticals and nutraceuticals are projected to compound at 5.04% CAGR through 2030.
  • By end-use industry, water and wastewater treatment commanded 41.28% revenue in 2024; healthcare demand is on track for a 4.97% CAGR to 2030.
  • By geography, Asia-Pacific accounted for 49.92% of the ferrous sulfate market size in 2024; the region is forecast to advance at a 4.92% CAGR, topping all geographies.

Segment Analysis

By Product Type: Heptahydrate Dominance Faces Monohydrate Innovation

Ferrous sulfate heptahydrate accounted for 64.47% revenue in 2024 and remains the workhorse across municipal water treatment, fertiliser blending and legacy pharmaceutical tablets. Stable ambient storage and predictable dissolution rates underpin this dominance, even as users confront marginally higher freight expenses due to the additional hydration shell. The segment’s scale also allows vertically integrated producers to channel iron-sulfate liquor from steel pickling lines into large crystallisers, keeping unit costs low. Yet product differentiation is minimal, so price competition stays acute, particularly in Asia-Pacific, where smaller crystallisers operate at thin margins.

Conversely, monohydrate forms, though smaller in tonnage, show the sharpest growth curve at 4.68% CAGR through 2030. Higher iron loading per kilogram improves freight economics, which appeals to exporters serving remote nutraceutical formulators. Nanoliposome and solid-lipid nanoparticle technologies further boost adoption because monohydrate integrates easily into lipid matrices without residual water jeopardising stability. As a result, selected suppliers are investing in low-temperature dehydration equipment to scale output, signalling a steady migration of premium pharmaceutical demand toward the monohydrate niche. The pivot will not dethrone heptahydrate soon, but it broadens the revenue mix and shields margins against raw-material turbulence. 

Ferrous Sulfate Market: Market Share by Product Type
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By Application: Water Treatment Leadership Challenged by Pharmaceutical Growth

Water treatment retained 38.61% sales in 2024, anchoring the ferrous sulfate market as municipalities meet stringent phosphorus discharge limits imposed by regulators such as the US EPA and the EU Urban Wastewater Directive. The chemistry is well understood, dosing equipment is already installed, and recovered phosphate sludge sells into fertiliser streams, creating an embedded cost advantage difficult for substitutes to break. However, volume growth is subdued because many developed utilities already run mature dosing regimes.

Pharmaceuticals and nutraceuticals, by contrast, represent the fastest-moving opportunity at 5.04% CAGR to 2030. Demand stems from a persistent global anaemia burden, ageing populations and heightened prenatal supplementation programs. Formulation science is rapidly evolving; encapsulation, gastro-resistant coatings and chewable dispersions are expanding product portfolios, lifting iron-uptake efficiencies and improving consumer adherence. Although current share is a smaller base, the superior growth profile allows pharma to chip away at water treatment’s long-held primacy, ensuring that the ferrous sulfate market continues to diversify beyond its historic industrial backbone.

By End-Use Industry: Healthcare Momentum Challenges Water Treatment Dominance

Water and wastewater utilities still anchored 41.28% of the overall 2024 turnover, leveraging guaranteed budgets and the non-discretionary nature of public-health mandates. Yet future gains look incremental rather than exponential because much network infrastructure in the developed world is already dosed to design capacity.

Healthcare demand is accelerating, growing at 4.97% CAGR, supported by emerging-market drug-formulation hubs in India and Indonesia. Here, the ferrous sulfate industry benefits from government-backed anaemia-control campaigns distributing iron-folic acid tablets to schoolchildren and expectant mothers. The rising middle class also buys OTC supplements, strengthening retail channels. Agriculture, construction and chemicals provide complementary offtake, but these sectors follow cyclical commodity prices, unlike the more resilient healthcare pipeline. Consequently, by 2030, healthcare is expected to narrow the gap with water treatment, giving the ferrous sulfate market a sturdier multi-pillar demand bedrock.

Ferrous Sulfate Market: Market Share by End-Use Industry
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Note: Segment shares of all individual segments available upon report purchase

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Geography Analysis

Asia-Pacific dominated with 49.92% revenue in 2024, a footprint secured by China’s immense 908 million t pig-iron output that supplies low-cost by-product crystals to downstream blenders. India’s pharmaceutical export boom adds a secondary demand spike, while rice-growing belts across Southeast Asia use ferrous sulfate to correct iron chlorosis in alkaline delta soils. Aggregate regional growth runs at 4.92% CAGR to 2030, outpacing the global mean.

North America retains a strong installed base of high-capacity water-treatment works and sophisticated logistics nodes. The United States imported notable volumes from China yet maintained 18 million kg domestic capacity in 2024, hedging supply-chain risk. Mexico’s steel expansions, including DeAcero’s USD 1.3 billion mill, add fresh feedstock, and cross-border trucking keeps landed costs competitive for US Midwest water utilities.

Europe behaves as a mature yet high-value arena where purity standards are strict. Germany, France and the United Kingdom procure premium grades for pharma and food fortification, and Nordic mills use ferrous sulfate to bleach lignin in pulp streams. Eastern European construction growth and Russian raw-material flows complicate intra-regional trade. South America and the Middle East & Africa remain smaller in value but register faster growth pockets tied to infrastructure spending, desalination projects and precision agriculture. Collectively, these emerging regions underpin a long-term demand tail that complements the big three markets, ensuring the ferrous sulfate market maintains balanced geographic risk exposure.

Ferrous Sulfate Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Leading producers share three strategic playbooks: vertical integration into steel or titanium-dioxide operations, continuous process improvements to trim crystallisation energy, and targeted capacity additions close to high-growth end-markets. Kemira exemplifies the model, carving a EUR 500 million renewables revenue target by 2030 while expanding coagulant lines for phosphorus removal in biogas digesters. Cleveland-Cliffs integrates iron-ore pellets through hot-rolled coil, then captures the pickle liquor to crystallise ferrous sulfate, leveraging “waste-to-value” economics to stabilise margins.

Innovation clusters around bioavailability and sustainability. Early-stage entrants licence nanoliposome and mesoporous iron technologies, pitching higher absorption and lower side-effect profiles to OTC brands. On the water-treatment flank, developers engineer hybrid mineral-organic coagulants that claim lower sludge yield. Patent activity is brisk, yet switching costs for municipal utilities keep price wars contained, supporting a mid-tier margin environment.

Regional fragmentation persists in Asia, with numerous mid-scale crystallisers catering to local fertiliser blenders. These players hold a notable share of global capacity but contribute a relatively smaller portion of the revenue. Consolidation is expected as environmental audits force smaller plants to retrofit effluent controls, adding capex they may not recoup. Overall, the ferrous sulfate market sustains moderately consolidated concentrated competition, with the top five vendors accounting for roughly 62% global sales in 2024, a ratio likely to edge higher by 2030 as integrated models out-invest standalone traders.

Ferrous Sulfate Industry Leaders

  1. Coogee

  2. Crown Technology, Inc.

  3. Kemira Oyj

  4. Rech Chemical Co. Ltd.

  5. Venator Materials PLC.

  6. *Disclaimer: Major Players sorted in no particular order
Ferrous Sulfate Market Concentration
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Recent Industry Developments

  • May 2025: A study was published to assess the efficacy of ferrous sulfate in managing iron deficiency anemia (IDA) in children. The research aimed to determine the effectiveness of ferrous sulfate in improving hemoglobin (Hb) and ferritin levels in pediatric patients diagnosed with IDA.
  • April 2024: The Department of Pharmaceutical Technology at L.J. Institute of Pharmacy, L.J. University, Gujarat, India, has published research on the formulation of non-effervescent floating pellets of dried ferrous sulphate using the extrusion-spheronization technique.

Table of Contents for Ferrous Sulfate Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising demand for iron supplements in healthcare
    • 4.2.2 Increasing use in wastewater treatment and water purification
    • 4.2.3 Growth in agricultural applications as a soil amendment and fertilizer
    • 4.2.4 Expansion of the cement and construction industry
    • 4.2.5 Increasing usage in the animal feed additives industry
  • 4.3 Market Restraints
    • 4.3.1 Availability of substitute compounds
    • 4.3.2 Health and safety concerns in handling and transportation
    • 4.3.3 Regulatory limitations in food and feed additives
  • 4.4 Value Chain Analysis
  • 4.5 Porter’s Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Competitive Rivalry

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Product Type
    • 5.1.1 Ferrous Sulfate Heptahydrate
    • 5.1.2 Ferrous Sulfate Monohydrate
  • 5.2 By Application
    • 5.2.1 Water Treatment
    • 5.2.2 Fertilizer and Soil Conditioner
    • 5.2.3 Animal Feed Additives
    • 5.2.4 Pharmaceuticals and Nutraceuticals
    • 5.2.5 Pigment and Cement Industry
    • 5.2.6 Other Applications (Mordant, Formulating Agent, etc.)
  • 5.3 By End-Use Industry
    • 5.3.1 Agriculture
    • 5.3.2 Water and Wastewater Treatment
    • 5.3.3 Healthcare
    • 5.3.4 Construction
    • 5.3.5 Chemicals
    • 5.3.6 Other End-user Industries (Textiles, Personal Care and Cosmetics, etc.)
  • 5.4 By Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 Japan
    • 5.4.1.3 India
    • 5.4.1.4 South Korea
    • 5.4.1.5 ASEAN Countries
    • 5.4.1.6 Rest of Asia-Pacific
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 France
    • 5.4.3.4 Italy
    • 5.4.3.5 Spain
    • 5.4.3.6 Russia
    • 5.4.3.7 NORDIC Countries
    • 5.4.3.8 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share(%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Changsha Haolin Chemicals Co., Ltd.
    • 6.4.2 Chemland
    • 6.4.3 Cleveland Clinic
    • 6.4.4 Coogee
    • 6.4.5 Crown Technology, Inc.
    • 6.4.6 Kemira Oyj
    • 6.4.7 Merck KGaA
    • 6.4.8 Rech Chemical Co. Ltd.
    • 6.4.9 Venator Materials PLC.
    • 6.4.10 Verdesian Life Sciences

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-need Assessment
  • 7.2 Expansion of Nutraceutical and Dietary Supplement Markets
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Global Ferrous Sulfate Market Report Scope

By Product Type
Ferrous Sulfate Heptahydrate
Ferrous Sulfate Monohydrate
By Application
Water Treatment
Fertilizer and Soil Conditioner
Animal Feed Additives
Pharmaceuticals and Nutraceuticals
Pigment and Cement Industry
Other Applications (Mordant, Formulating Agent, etc.)
By End-Use Industry
Agriculture
Water and Wastewater Treatment
Healthcare
Construction
Chemicals
Other End-user Industries (Textiles, Personal Care and Cosmetics, etc.)
By Geography
Asia-Pacific China
Japan
India
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Russia
NORDIC Countries
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa
By Product Type Ferrous Sulfate Heptahydrate
Ferrous Sulfate Monohydrate
By Application Water Treatment
Fertilizer and Soil Conditioner
Animal Feed Additives
Pharmaceuticals and Nutraceuticals
Pigment and Cement Industry
Other Applications (Mordant, Formulating Agent, etc.)
By End-Use Industry Agriculture
Water and Wastewater Treatment
Healthcare
Construction
Chemicals
Other End-user Industries (Textiles, Personal Care and Cosmetics, etc.)
By Geography Asia-Pacific China
Japan
India
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Russia
NORDIC Countries
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa
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Key Questions Answered in the Report

What is the projected value of the ferrous sulfate market by 2030?

The ferrous sulfate market is forecast to reach USD 2.64 billion by 2030 at a 4.12% CAGR.

Which region leads global consumption?

Asia-Pacific generated 49.92% revenue in 2024 and remains the fastest-growing region through 2030.

Which application segment dominates demand?

Water treatment accounted for 38.61% turnover in 2024, driven by strict phosphorus-removal regulations.

Which end-use sector is expanding quickest?

Healthcare demand is advancing at 4.97% CAGR, supported by anaemia-control programs and new drug-delivery formats.

What technological trend is reshaping pharmaceutical demand?

Nanoliposome and solid-lipid nanoparticle delivery systems are quadrupling iron bioavailability versus conventional ferrous sulfate tablets.

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