Product Code: ETC193361 | Publication Date: May 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Philippines Ferrous Sulfate Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 10.32% in 2025, climbs to a high of 15.05% in 2028, and moderates to 13.33% by 2029.
In the Asia region, the Ferrous Sulfate market in Philippines is projected to expand at a high growth rate of 14.47% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The ferrous sulfate market in the Philippines is estimated to have a value of around USD 28 million in 2025. This is expected to grow at a compound annual growth rate of 4.3% over the forecast period, reaching a total of USD 38 million. The major drivers for this market are increasing demand from automotive and construction industries as well as rising government initiatives for pollution control. Additionally, growing awareness regarding water treatment among end-users is expected to further propel the demand for ferrous sulfate in the country during the forecast period.
Key drivers in the Philippines ferrous sulfate market include its use in water treatment, agriculture, and the production of iron compounds. Its role in addressing water pollution and enhancing crop growth makes it indispensable. As environmental concerns and agricultural needs grow, the demand for ferrous sulfate remains strong.
The Philippines ferrous sulfate market faces challenges such as maintaining competitive pricing in the face of fluctuating raw material costs, ensuring product quality and consistency, and managing waste generated during production. Adapting to evolving industry demands while adhering to environmental regulations remains a complex challenge.
The COVID-19 pandemic influenced the Philippines ferrous sulfate market. This compound, utilized in water treatment, agriculture, and other applications, faced fluctuations in demand and supply disruptions. The market is now focusing on recovery and ensuring the availability of essential products for various sectors.
FerrousSolutions Ltd, SulfateFert Corp, and IronSulfate Industries are significant participants in the Philippines ferrous sulfate market. These companies are integral to the supply of ferrous sulfate, utilized in applications including water treatment, agriculture, and pharmaceuticals.
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 Philippines Ferrous Sulfate Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Ferrous Sulfate Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Ferrous Sulfate Market - Industry Life Cycle |
3.4 Philippines Ferrous Sulfate Market - Porter's Five Forces |
3.5 Philippines Ferrous Sulfate Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Ferrous Sulfate Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Philippines Ferrous Sulfate Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Philippines Ferrous Sulfate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Ferrous Sulfate Market Trends |
6 Philippines Ferrous Sulfate Market, By Types |
6.1 Philippines Ferrous Sulfate Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Ferrous Sulfate Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Philippines Ferrous Sulfate Market Revenues & Volume, By Ferrous Sulfate Heptahydrate, 2021-2031F |
6.1.4 Philippines Ferrous Sulfate Market Revenues & Volume, By Ferrous Sulfate Monohydrate, 2021-2031F |
6.1.5 Philippines Ferrous Sulfate Market Revenues & Volume, By Ferrous Sulfate Tetrahydrate, 2021-2031F |
6.1.6 Philippines Ferrous Sulfate Market Revenues & Volume, By Ferrous Sulfate Anhydrous, 2021-2031F |
6.1.7 Philippines Ferrous Sulfate Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Ferrous Sulfate Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Philippines Ferrous Sulfate Market Revenues & Volume, By Granule/Powder, 2021-2031F |
6.2.3 Philippines Ferrous Sulfate Market Revenues & Volume, By Liquid, 2021-2031F |
6.3 Philippines Ferrous Sulfate Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Philippines Ferrous Sulfate Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.3 Philippines Ferrous Sulfate Market Revenues & Volume, By Water Treatment, 2021-2031F |
6.3.4 Philippines Ferrous Sulfate Market Revenues & Volume, By Pigments, 2021-2031F |
6.3.5 Philippines Ferrous Sulfate Market Revenues & Volume, By Construction (Cement), 2021-2031F |
6.3.6 Philippines Ferrous Sulfate Market Revenues & Volume, By Chemical Production/Intermediates, 2021-2031F |
6.3.7 Philippines Ferrous Sulfate Market Revenues & Volume, By Agrochemicals/Fertilizers, 2021-2031F |
6.3.8 Philippines Ferrous Sulfate Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Philippines Ferrous Sulfate Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Ferrous Sulfate Market Import-Export Trade Statistics |
7.1 Philippines Ferrous Sulfate Market Export to Major Countries |
7.2 Philippines Ferrous Sulfate Market Imports from Major Countries |
8 Philippines Ferrous Sulfate Market Key Performance Indicators |
9 Philippines Ferrous Sulfate Market - Opportunity Assessment |
9.1 Philippines Ferrous Sulfate Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Ferrous Sulfate Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Philippines Ferrous Sulfate Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Philippines Ferrous Sulfate Market - Competitive Landscape |
10.1 Philippines Ferrous Sulfate Market Revenue Share, By Companies, 2024 |
10.2 Philippines Ferrous Sulfate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |