POLYFERRIC SULFATE MARKET ANALYSIS

Polyferric Sulfate MarketSize and Trends

Market Dynamics

Growing awareness to reduce water contamination, reuse of water, and treatment of water is driving the polyferric sulfate market growth, owing to numerous initiatives and stringent norms by the government across the globe. For instance, in 2018, European Commission (EC) proposed to facilitate water reuse for agriculture irrigation in the European Union. According to the European Commission, water from treated wastewater can be reused during seasonal drought and weather variability, which would save farmers from the crop failures and income loss. Therefore, such initiatives are expected to propel demand for polyferric sulfate over the forecast period.

Market Dynamics