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Ferric Chloride Market Business Growth 2019-2025 By Regional Players

Author : Rahul Varpe | Published Date : 2019-12-02 

Asia Pacific ferric chloride market demand led by China, India, and Japan may see significant growth during forecasted period on account of economic and population expansion in the region leading to rising demand for water treatment. In addition, increasing demand for water cleaning chemicals owing to rapid industrialization, rise in textile, and pharmaceutical industry should foster ferric oxide market share. China’s textile export was over USD 105 billion in 2017 owing to increasing demand for synthetic, cotton and silk clothing products.

Textile and pharmaceutical industries produce vast amount of inorganic sludge which accumulates and  increases the propagation of algae thus effecting aquatic biodiversity and marine life. It is widely used in breaking down inorganic sludge and water cleaning applications without affecting aquatic flora and fauna which may accelerate market share.

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Europe driven by UK, Germany, Italy, and France ferric chloride market size may witness substantiate growth during forecasted period. In highly industrialized Western European region, the chemical is widely used as coagulant for potable water production and sewage treatment. It is recognized as a sequestering agent for sludge and odor control and highly effective flocculant thereby driving the product demand. Stringent EU regulation for clean water standards in both industrial and municipal sectors is projected to have positive impact on market growth.

Ferric Chloride Market size is likely to witness steady gains in the forecast period owing to increasing consumer awareness related to waterborne diseases such as cholera and Typhoid.  Furthermore, rising demand for clean drinking water and growing stringent regulations to reduce water pollution have positive impact on the market growth. It undergoes rapid hydrolysis with water, possesses higher cost efficiency and better performance characteristics than other chemicals such as polyaluminium chloride, potassium permanganate and ferrous sulphate which may drive ferric chloride market demand.

 Ferric chloride is an inorganic compound with high miscibility affinity with water, acetone, and ethanol. It is available in liquid and powder form with high melting point.  It is utilized in various industries such as pharmaceutical, chemical, electronics, and metallurgy owing to its solubility with organic solvents and exothermic nature which aids in increasing reaction rates. The chemical remains stable under high heat and acts effectively in a wide pH band which makes it easy and safe for their application thereby driving the market share.

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Table Of Content For This Research Report:

 Ferric Chloride Market, By Application, 2014-2025 (Tons) (USD Million)

  • Wastewater Treatment
  • Potable Water Treatment
  • Metal Surface Treatment
  • Electronic Etchants
  • Reagents
  • Others

Ferric Chloride Market, By End-Use, 2014-2025 (Tons) (USD Million)

  • Water Treatment
  • Electronics Industry
  • Metals & Metallurgy Industry
  • Chemicals Industry
  • Pharmaceutical Industry  
  • Others

The above information is provided for the following regions and countries:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Global ferric chloride market share is fragmented as market consist of various players. Companies such as BASF, BPS Products, Sidra Wasser Chemie, Tessenderlo, Asia Chemicals, National Biochemicals, BorsodChem, Akzo Nobel Industrial Chemicals, PVS Chemicals, Kem One, Chemical Company of Malaysia, and Jinan Runyuan are key players in this market.

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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