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Global Ferric Chloride Market is predicted to reach USD 10.65 billion at a CAGR of 4.95% during the forecast period

Pune, India, August 2023, MRFR Press Release/- Market Research Future has Published a Half-Cooked Research Report on the Global Ferric Chloride Market.


Market Research Future (MRFR) has published a cooked research report on the “Global Ferric Chloride Market” that contains information from 2023 to 2032. The Global Ferric Chloride Market is estimated to register a CAGR of 4.95% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the Global Ferric Chloride Market— Kemira, Tessenderlo Group, Chemifloc LTD, KEM ONE, Gulbrandsen, MALAY-SINO CHEMICAL INDUSTRIES SDN. BHD, Sidra Wassercheime GmbH, Sukha Chemical Industries, Borsod Chem, PVS Chemicals, BASF SE, Seqens Group, Feralco AB, and Saf Sulphur Company.


Ferric Chloride Market Highlights


Global Ferric Chloride Market is accounted to register a CAGR of 4.95% during the forecast period and is estimated to reach USD 10.65 Billion by 2032.


Ferric chloride, with the chemical formula FeCl3, is an inorganic compound that appears as a dark brown, reddish-brown, or yellow-brown solid. It is highly soluble in water and possesses strong Lewis acid properties. Widely used in industrial and laboratory applications, ferric chloride serves as a coagulant in water treatment, aiding the removal of impurities and suspended particles. It finds application in the electronics industry for copper etching in PCBs and various metal etching processes. Additionally, it plays a role in sewage treatment by eliminating phosphates and contaminants, while also being employed in metal surface treatment for surface preparation before painting and coating applications.


Segment Analysis


The Global Ferric Chloride Market has been segmented based on Grade, Application, and End-Use.


Based on Grade, the market is segmented into Anhydrous, Ferric Chloride Hexahydrate Lumps, and Ferric Chloride Liquid. The dominance of the Anhydrous category in the Ferric Chloride market can be attributed to its higher stability and ease of handling compared to hydrated forms.


Based on Application, the market is segmented into Wastewater Treatment, Metal Surface Treatment, Potable Water Treatment, Electronic Etchants, Printed Circuit Boards, Pigment Manufacturing, Catalyst, Asphalt Blowing, and Others. The Wastewater Treatment category dominates the Ferric Chloride market due to its crucial role as a coagulant in removing impurities and contaminants from water during the treatment process.


Based on End-Use, the market is segmented into Pharmaceuticals, Chemicals, Electronics, Metals & Metallurgy, Municipal Wastewater Treatment, Municipal Potable Water Treatment, and Others. The Pharmaceuticals category dominates the Ferric Chloride market due to its use as a reagent in certain medical applications and as an iron supplement in pharmaceutical products.


Regional Analysis


The Global Ferric Chloride Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Ferric Chloride Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Ferric Chloride Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Ferric Chloride Market comprises of Middle East, Africa, and Latin America.


Asia-Pacific region has been a major consumer of Ferric Chloride, primarily due to its booming industrial and manufacturing sectors, as well as the increasing demand for water treatment solutions in rapidly developing countries. China and India are key players in this market.


The North American region, particularly the U.S., has a substantial Ferric Chloride market owing to its well-established water treatment infrastructure, electronics industry, and growing demand for pharmaceutical products.


Europe is another significant market for Ferric Chloride, with countries such as Germany, France, and the U.K. being major consumers. The presence of well-developed industrial sectors and stringent environmental regulations for water treatment contribute to the demand in this region.


Key Findings of the Study



  • The Global Ferric Chloride Market is expected to reach USD 10.65 Billion by 2032, at a CAGR of 4.95% during the forecast period.

  • The Ferric Chloride market in North America, particularly in the U.S., is significant due to its well-developed water treatment infrastructure, thriving electronics industry, and increasing need for pharmaceutical products.

  • Based on the Grade, the Market has been segmented into Anhydrous holding the largest market in 2023.

  • Kemira, Tessenderlo Group, Chemifloc LTD, KEM ONE, Gulbrandsen, MALAY-SINO CHEMICAL INDUSTRIES SDN. BHD, Sidra Wassercheime GmbH, Sukha Chemical Industries, Borsod Chem, PVS Chemicals, BASF SE, Seqens Group, Feralco AB, and Saf Sulphur Company.


Read More About This Article: Ferric Chloride Market Size

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Report details
Base Year 2023
Companies Covered 15
Pages 140
Certified Global Research Member
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