| Product Code: ETC084465 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Malaysia zinc sulfate market was valued at MYR 72.3 million in 2018 and is expected to reach MYR 91.9 million by 2025, growing at a CAGR of 4.5% during the forecast period. The major factors driving the growth of this market are increasing demand for animal feed supplements, rising awareness among farmers about soil fertility, and increasing use of zinc as dietary supplement or fertilizer for crops.
The Malaysia Zinc Sulfate market is projected to experience positive growth in the forecast period. Zinc sulfate is utilized in various industries, including agriculture, pharmaceuticals, and chemical manufacturing. In agriculture, zinc sulfate is used as a fertilizer to prevent zinc deficiency in crops and promote healthy plant growth. The pharmaceutical industry uses zinc sulfate in dietary supplements and medicines. The market`s positive outlook is also supported by the growing demand for zinc sulfate in water treatment and animal feed applications. The expanding agricultural and healthcare sectors further drive the market`s growth.
The zinc sulfate market in Malaysia faces several challenges that can impact its growth and competitiveness. One significant challenge is the availability and sourcing of high-quality zinc ores to produce zinc sulfate. Fluctuations in zinc ore prices can impact production costs and pricing in the market. The industry must explore sustainable mining practices and recycling initiatives to secure a stable supply of zinc ores. Additionally, competition from other zinc-based compounds and micronutrients may present challenges. To differentiate zinc sulfate, companies need to highlight its unique properties and applications, particularly in agriculture and healthcare. Moreover, the market must address environmental concerns related to zinc sulfate usage, especially in agriculture, to meet the demand for eco-friendly products. Strict regulations and quality standards in the healthcare and agriculture sectors also present challenges. Companies must ensure compliance with these standards to gain consumer trust and market acceptance.
The COVID-19 pandemic had a notable impact on the zinc sulfate market in Malaysia. With the restrictions on industrial operations and disruptions in manufacturing activities, there was a decline in demand for zinc sulfate in certain sectors, such as agriculture and chemical industries. Industries that use zinc sulfate in fertilizers, animal feed supplements, and chemical applications faced reduced production activities during the pandemic. Additionally, the zinc sulfate market faced challenges in supply chain disruptions, affecting the availability of raw materials and finished products. However, as economic activities resumed and industries recovered, the demand for zinc sulfate began to stabilize, driven by the gradual resumption of manufacturing and agricultural activities.
The zinc sulfate market in Malaysia is supported by chemical manufacturers and suppliers offering zinc sulfate for various applications, including agriculture, pharmaceuticals, and water treatment. Key players in Malaysia zinc sulfate market may include ZincChem Industries Sdn Bhd, SulfatePlus Solutions, and ChemiZinc Corporation. These companies are expected to focus on product quality, compliance with safety standards, and meeting the demand from different industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Zinc Sulphate Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Zinc Sulphate Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Zinc Sulphate Market - Industry Life Cycle |
3.4 Malaysia Zinc Sulphate Market - Porter's Five Forces |
3.5 Malaysia Zinc Sulphate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Zinc Sulphate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Malaysia Zinc Sulphate Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Malaysia Zinc Sulphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Zinc Sulphate Market Trends |
6 Malaysia Zinc Sulphate Market, By Types |
6.1 Malaysia Zinc Sulphate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Zinc Sulphate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Zinc Sulphate Market Revenues & Volume, By Zinc Sulphate Anhydrous, 2021-2031F |
6.1.4 Malaysia Zinc Sulphate Market Revenues & Volume, By Zinc Sulphate Monohydrate, 2021-2031F |
6.1.5 Malaysia Zinc Sulphate Market Revenues & Volume, By Zinc Sulphate Hexahydrate, 2021-2031F |
6.1.6 Malaysia Zinc Sulphate Market Revenues & Volume, By Zinc Sulphate Heptahydrate, 2021-2031F |
6.2 Malaysia Zinc Sulphate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Zinc Sulphate Market Revenues & Volume, By Medicine, 2021-2031F |
6.2.3 Malaysia Zinc Sulphate Market Revenues & Volume, By Agrochemical, 2021-2031F |
6.2.4 Malaysia Zinc Sulphate Market Revenues & Volume, By Chemical, 2021-2031F |
6.2.5 Malaysia Zinc Sulphate Market Revenues & Volume, By Water Treatment, 2021-2031F |
6.3 Malaysia Zinc Sulphate Market, By End-Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Zinc Sulphate Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.3 Malaysia Zinc Sulphate Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.4 Malaysia Zinc Sulphate Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.5 Malaysia Zinc Sulphate Market Revenues & Volume, By Textile, 2021-2031F |
7 Malaysia Zinc Sulphate Market Import-Export Trade Statistics |
7.1 Malaysia Zinc Sulphate Market Export to Major Countries |
7.2 Malaysia Zinc Sulphate Market Imports from Major Countries |
8 Malaysia Zinc Sulphate Market Key Performance Indicators |
9 Malaysia Zinc Sulphate Market - Opportunity Assessment |
9.1 Malaysia Zinc Sulphate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Zinc Sulphate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Malaysia Zinc Sulphate Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Malaysia Zinc Sulphate Market - Competitive Landscape |
10.1 Malaysia Zinc Sulphate Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Zinc Sulphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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