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India Ferric Chloride Market

ID: MRFR/CnM/45717-HCR
111 Pages
Chitranshi Jaiswal
October 2025

India Ferric Chloride Market Research Report By Ferric Chloride Grade (Anhydrous, Ferric Chloride Hexahydrate Lumps, Ferric Chloride Liquid), By Application (Wastewater Treatment, Metal Surface Treatment, Potable Water Treatment, Electronic Etchants, Printed Circuit Boards, Pigment Manufacturing, Catalyst, Asphalt Blowing, Others) and By End-Use (Pharmaceuticals, Chemicals, Electronics, Metals & Metallurgy, Municipal Wastewater Treatment, Municipal Potable Water Treatment, Others)- Forecast to 2035

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India Ferric Chloride Market Summary

As per MRFR analysis, the ferric chloride market size was estimated at 608.0 USD Million in 2024. The ferric chloride market is projected to grow from 637.73 USD Million in 2025 to 1028.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.89% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India ferric chloride market is experiencing robust growth driven by increasing demand in water treatment and industrial applications.

  • The largest segment in the India ferric chloride market is water treatment, reflecting a rising demand for effective water purification solutions.
  • The fastest-growing segment is the electronics sector, which is expanding due to the increasing use of ferric chloride in etching processes.
  • Sustainability trends are pushing manufacturers towards eco-friendly alternatives, influencing market dynamics significantly.
  • Key market drivers include rising awareness of water quality issues and regulatory compliance with environmental standards.

Market Size & Forecast

2024 Market Size 608.0 (USD Million)
2035 Market Size 1028.0 (USD Million)
CAGR (2025 - 2035) 4.89%

Major Players

Kemira (FI), Feralco Group (SE), Gulbrandsen (US), BASF (DE), Hawkins (US), Tessenderlo Group (BE), Chemtrade Logistics (CA), Nouryon (NL)

India Ferric Chloride Market Trends

The ferric chloride market is currently experiencing notable developments. These developments are driven by various industrial applications and environmental considerations. This compound is primarily utilized in water treatment processes, where it serves as a coagulant to remove impurities and enhance water quality. The increasing demand for clean water, coupled with stringent regulations regarding wastewater management, appears to be propelling the growth of this market. Furthermore, the rising awareness of environmental sustainability is prompting industries to adopt ferric chloride as a more eco-friendly alternative in various applications, including the production of pigments and catalysts. In addition to water treatment, the ferric chloride market is witnessing expansion in sectors such as electronics and metallurgy. The compound is employed in etching processes for printed circuit boards and as a catalyst in chemical reactions. As industries continue to innovate and seek efficient solutions, the versatility of ferric chloride is likely to enhance its adoption across diverse applications. Moreover, the ongoing advancements in manufacturing technologies may lead to improved production efficiencies, potentially reducing costs and increasing accessibility for various sectors. Overall, The ferric chloride market is poised for growth, driven by regulatory frameworks and evolving industrial needs.

Rising Demand in Water Treatment

The ferric chloride market is experiencing heightened demand due to its critical role in water treatment processes. As urbanization accelerates, the need for effective water purification solutions becomes increasingly urgent. Ferric chloride is favored for its efficiency in coagulating impurities, thus improving water quality. This trend is further supported by government initiatives aimed at enhancing water management practices, which may lead to increased investments in treatment facilities.

Expansion in Electronics Sector

The electronics sector is emerging as a significant contributor to the ferric chloride market. This compound is utilized in the etching of printed circuit boards, a process essential for modern electronic devices. As technology advances and consumer electronics proliferate, the demand for ferric chloride in this application is likely to grow. Manufacturers may seek to optimize their processes, thereby increasing the reliance on ferric chloride.

Sustainability and Eco-Friendly Alternatives

There is a growing emphasis on sustainability within various industries, which is positively impacting the ferric chloride market. As companies strive to reduce their environmental footprint, ferric chloride is being recognized for its eco-friendly properties compared to other chemical alternatives. This shift towards greener practices may encourage broader adoption of ferric chloride, particularly in sectors focused on sustainable development.

Market Segment Insights

By Application: Wastewater Treatment (Largest) vs. Metal Surface Treatment (Fastest-Growing)

The India ferric chloride market exhibits significant diversity in its application segments, with wastewater treatment holding the largest share. This segment is primarily driven by increasing industrial discharge regulations and growing environmental concerns, resulting in a consistent demand for effective water treatment solutions. Meanwhile, metal surface treatment is rapidly gaining traction, attributed to its rising usage across various industries, including automotive and manufacturing. In terms of growth trends, the wastewater treatment segment is influenced by government initiatives aimed at improving water quality and treatment facilities. Conversely, the metal surface treatment segment is emerging as a critical area of growth, fueled by rising industrialization and advancements in chemical formulations that enhance performance. These trends indicate a robust and evolving landscape within the application segment of the India ferric chloride market.

Wastewater Treatment: Dominant vs. Metal Surface Treatment: Emerging

Wastewater treatment stands out as the dominant application, characterized by its widespread adoption across municipal and industrial sectors for effective effluent management. It is highly regarded for its effectiveness in removing contaminants and meeting regulatory standards. On the other hand, metal surface treatment is marked as an emerging segment, witnessing rapid growth due to its essential role in improving product durability and performance in sectors such as automotive and electronics. Both segments highlight the versatility of ferric chloride, with wastewater treatment focusing on environmental sustainability and metal surface treatment emphasizing technological advancements and industrial efficiency.

By End-Use Industry: Municipal Wastewater Treatment (Largest) vs. Pharmaceuticals (Fastest-Growing)

In the India ferric chloride market, the distribution among end-use industries reveals significant demand from Municipal Wastewater Treatment, which emerges as the largest sector due to increasing emphasis on water treatment regulations and environmental sustainability. Pharmaceuticals closely follow, benefiting from rising healthcare investments and the need for effective wastewater treatment solutions that adhere to stricter regulations. The growth trends indicate that while Municipal Wastewater Treatment remains dominant, the Pharmaceuticals sector is poised for rapid growth. This can be attributed to the surge in pharmaceutical manufacturing and heightened awareness of sustainable practices. Additionally, the emphasis on treating industrial effluents effectively has further propelled the demand for ferric chloride in Pharmaceuticals, with both sectors contributing to the overall market expansion.

Municipal Wastewater Treatment: Dominant vs. Pharmaceuticals: Emerging

Municipal Wastewater Treatment is the dominant end-use sector in the India ferric chloride market, characterized by its essential role in ensuring compliance with environmental regulations and enhancing the quality of treated water. Ferric chloride is extensively used to remove impurities, making it vital for municipal applications. On the other hand, Pharmaceuticals is an emerging segment, driven by increased healthcare investments and advancements in drug formulation processes. This sector requires high-quality reagents for waste treatment, thus ensuring adherence to stringent compliance standards. As the pharmaceutical industry expands, the demand for ferric chloride will likely increase, balancing the market between these two significant segments.

By Grade: Ferric Chloride Liquid (Largest) vs. Ferric Chloride Hexahydrate Lumps (Fastest-Growing)

In the India ferric chloride market, Ferric Chloride Liquid dominates with the largest share, primarily due to its extensive application in water treatment, chemical processes, and wastewater treatment facilities. On the other hand, Ferric Chloride Hexahydrate Lumps, while smaller in market presence, is rapidly gaining traction, especially in industrial applications requiring high-purity solutions, which enhances its appeal in various segments. The growth trends for these grades are influenced by the increasing demand for efficient water treatment solutions and the rise in industrial activities across India. As environmental regulations become stricter, the need for effective wastewater treatment is propelling the demand for Ferric Chloride Liquid. Conversely, Ferric Chloride Hexahydrate Lumps is witnessing a surge due to its advantages in cost-effectiveness and ease of handling, establishing it as the fastest-growing option in the market.

Ferric Chloride Liquid (Dominant) vs. Ferric Chloride Hexahydrate Lumps (Emerging)

Ferric Chloride Liquid is recognized as the dominant grade in the India ferric chloride market due to its versatility and effectiveness in various applications. Its liquid form allows for easy mixing and application, making it a preferred choice in sectors such as municipal water treatment and industrial processes. In contrast, Ferric Chloride Hexahydrate Lumps is emerging as a compelling alternative, particularly for industries seeking more solid and concentrated formulations. The lumps provide ease in storage and transportation, catering to a market segment that values efficiency and simplicity in handling. With both grades playing critical roles in the industry, they are set to cater to distinct needs within the broader ferric chloride utilization landscape.

Get more detailed insights about India Ferric Chloride Market

Key Players and Competitive Insights

The ferric chloride market in India is characterized by a competitive landscape that is increasingly shaped by innovation, sustainability, and strategic partnerships. Key players such as Kemira (FI), BASF (DE), and Hawkins (US) are actively pursuing strategies that emphasize product development and regional expansion. Kemira (FI), for instance, focuses on enhancing its product portfolio through sustainable practices, which aligns with the growing demand for environmentally friendly solutions. Meanwhile, BASF (DE) is leveraging its extensive research capabilities to innovate in water treatment applications, thereby solidifying its market position. Hawkins (US) appears to be concentrating on optimizing its supply chain to improve efficiency and reduce costs, which is crucial in a market that is moderately fragmented and competitive.

The competitive structure of the ferric chloride market suggests a moderately fragmented environment, where several players vie for market share. Localizing manufacturing and optimizing supply chains are key tactics employed by these companies to enhance their operational efficiency. This localized approach not only reduces transportation costs but also allows for quicker response times to market demands. The collective influence of these key players is significant, as they drive innovation and set industry standards that others may follow.

In October 2025, Kemira (FI) announced a partnership with a leading Indian water treatment company to develop advanced ferric chloride formulations tailored for local applications. This strategic move is likely to enhance Kemira's market penetration and strengthen its foothold in the region, as it aligns with the increasing demand for customized solutions in water treatment. The partnership underscores the importance of local collaboration in addressing specific market needs and regulatory requirements.

In September 2025, BASF (DE) launched a new line of ferric chloride products designed to meet stringent environmental regulations in India. This initiative not only reflects BASF's commitment to sustainability but also positions the company as a leader in providing compliant solutions. The introduction of these products is expected to attract environmentally conscious customers and enhance BASF's competitive edge in the market.

In August 2025, Hawkins (US) expanded its production capacity by investing in a new manufacturing facility in India. This expansion is anticipated to bolster Hawkins' ability to meet rising demand while also improving its supply chain resilience. By increasing production capabilities, Hawkins is likely to enhance its market presence and respond more effectively to customer needs, thereby reinforcing its competitive position.

As of November 2025, the competitive trends in the ferric chloride market are increasingly defined by digitalization, sustainability, and the integration of advanced technologies. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in driving innovation and enhancing operational efficiencies. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident. Moving forward, competitive differentiation will likely hinge on the ability to innovate and adapt to changing market dynamics, with a strong emphasis on sustainable practices and customer-centric solutions.

Key Companies in the India Ferric Chloride Market market include

Industry Developments

The India Ferric Chloride Market has recently experienced several noteworthy developments. In August 2023, Neelkanth Chemicals announced an expansion of its production facility to meet rising demand in sectors such as wastewater treatment and the electronics industry. 

Meanwhile, Aditya Birla Chemicals indicated an increase in market share, attributed to their sustained investment in Research and Development, focusing on sustainable applications of ferric chloride. In terms of financial performance, Tata Chemicals reported significant growth in their revenue during the second quarter of 2023, bolstering their position in the market. Mergers and acquisitions have been limited, but Siddharth Chemicals is rumored to be interested in acquiring smaller regional players to increase its geographical footprint. 

Moreover, Hindustan Zinc is exploring partnerships to diversify its product offerings, particularly in eco-friendly chemicals. Over the last couple of years, the surge in demand driven by regulatory pressures for water purification and the treatment of industrial effluents has considerably shaped the market dynamics. These evolving factors illustrate the competitive landscape of India's Ferric Chloride Market amid growing environmental concerns.

Future Outlook

India Ferric Chloride Market Future Outlook

The ferric chloride market is projected to grow at a 4.89% CAGR from 2024 to 2035, driven by increasing demand in water treatment and industrial applications.

New opportunities lie in:

  • Expansion of production facilities to meet rising demand.
  • Development of eco-friendly ferric chloride alternatives.
  • Strategic partnerships with water treatment companies for integrated solutions.

By 2035, the ferric chloride market is expected to achieve robust growth and enhanced market positioning.

Market Segmentation

India Ferric Chloride Market Grade Outlook

  • Anhydrous
  • Ferric Chloride Hexahydrate Lumps
  • Ferric Chloride Liquid

India Ferric Chloride Market Application Outlook

  • Wastewater Treatment
  • Metal Surface Treatment
  • Potable Water Treatment
  • Electronic Etchants
  • Printed Circuit Boards
  • Pigment Manufacturing
  • Catalyst
  • Asphalt Blowing
  • Others

India Ferric Chloride Market End-Use Industry Outlook

  • Pharmaceuticals
  • Chemicals
  • Electronics
  • Metals & Metallurgy
  • Municipal Wastewater Treatment
  • Municipal Potable Water Treatment
  • Others

Report Scope

MARKET SIZE 2024608.0(USD Million)
MARKET SIZE 2025637.73(USD Million)
MARKET SIZE 20351028.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.89% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies Profiled["Kemira (FI)", "Feralco Group (SE)", "Gulbrandsen (US)", "BASF (DE)", "Hawkins (US)", "Tessenderlo Group (BE)", "Chemtrade Logistics (CA)", "Nouryon (NL)"]
Segments CoveredApplication, End-Use Industry, Grade
Key Market OpportunitiesGrowing demand for water treatment solutions drives innovation in the ferric chloride market.
Key Market DynamicsRising demand for water treatment solutions drives growth in the ferric chloride market amid regulatory changes.
Countries CoveredIndia

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FAQs

What is the expected market size of the India Ferric Chloride Market by 2024?

The India Ferric Chloride Market is expected to reach a value of 608.0 USD Million by 2024.

What will be the market value of the India Ferric Chloride Market by 2035?

The market is projected to be valued at 1024.0 USD Million by 2035.

What is the expected CAGR for the India Ferric Chloride Market from 2025 to 2035?

The market is anticipated to grow at a CAGR of 4.853% from 2025 to 2035.

Which segment of Ferric Chloride is expected to be the largest by 2035?

The Ferric Chloride Liquid segment is expected to reach a value of 423.0 USD Million by 2035.

Who are the major players in the India Ferric Chloride Market?

Key competitors include Neelkanth Chemicals, Linde India, Aditya Birla Chemicals, and Tata Chemicals among others.

What will be the market size for Anhydrous Ferric Chloride in 2035?

The Anhydrous Ferric Chloride segment is projected to be valued at 302.0 USD Million by 2035.

What is the projected market growth rate for Ferric Chloride Hexahydrate Lumps from 2025 to 2035?

The Ferric Chloride Hexahydrate Lumps segment is expected to experience growth, reaching 299.0 USD Million by 2035.

What are the key applications driving the India Ferric Chloride Market?

The main applications include wastewater treatment, metal surface treatment, and as a coagulant in various industries.

How does the India Ferric Chloride Market growth compare regionally?

The market is expected to grow steadily across India, with significant demand in industrial sectors.

What are some emerging trends in the India Ferric Chloride Market?

Emerging trends include increased use in water treatment processes and innovations in the manufacturing of Ferric Chloride products.

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