"Global Ferric Chloride Market – Industry Trends and Forecast to 2030
Global Ferric Chloride Market, By Grade (Anhydrous, Ferric Chloride Hexahydrate Lumps, and Ferric Chloride Liquid), Application (Wastewater Treatment, Metal Surface Treatment, Potable Water Treatment, Electronic Etchants, Reagents, and Others), End-Use Sector (Industrial and Institutional) - Industry Trends and Forecast to 2030.
Data Bridge Market Research analyses that the global ferric chloride market which was USD 6,995 million in 2022, would rocket up to USD 10,932 million by 2030, and is expected to undergo a CAGR of 5.50% during the forecast period. This indicates that the market value. Waste water treatment segment is expected to dominate the market because of increasing demand for water purification and wastewater treatment applications. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
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Ferric chloride or iron (3+) chloride (FeCl3) can be referred to as a brownish liquid with a pungent odour similar to hydrochloric acid. It also occurs in solid lumps or anhydrous powder form. It is an industrial-scale commodity. It is an inorganic compound with a high miscibility affinity with acetone, water, and ethanol. It is accessible in powder and liquid form with a high melting point. It is used in several industries such as chemical, pharmaceutical, metallurgy, and electronics because of its solubility with organic solvents and exothermic nature, which assistances in the rising reaction rates.
**Segments**
- **Type**: Ferric chloride is primarily available in two forms, namely liquid ferric chloride and solid ferric chloride. Both forms are widely used in various industries for different applications. Liquid ferric chloride is commonly used in water treatment processes, while solid ferric chloride is used for etching purposes.
- **Application**: The market for ferric chloride can be segmented based on its applications across various industries. Some common applications include water and wastewater treatment, printed circuit board manufacturing, metal surface treatment, and pharmaceuticals. Each application segment has varying requirements and demands for ferric chloride products.
- **End-Use Industry**: The end-use industry segment of the ferric chloride market includes sectors such as municipal water treatment plants, electronics manufacturing, chemical synthesis, and healthcare. The demand for ferric chloride in each industry is driven by specific needs and regulations governing their processes.
**Market Players**
- **BASF SE**: BASF SE is a prominent player in the global ferric chloride market, offering a wide range of ferric chloride products for diverse applications. The company's strong presence in the market is supported by its focus on innovation and sustainability.
- **Kemira Oyj**: Kemira Oyj is another key player in the ferric chloride market, known for its high-quality ferric chloride solutions used in water treatment and other industrial processes. The company's strategic collaborations and extensive distribution network contribute to its market success.
- **BorsodChem Zrt.**: BorsodChem Zrt. is a leading manufacturer of ferric chloride, catering to the growing demand from various industries. The company's expertise in chemical production and technological advancements has positioned it as a key player in the global market.
- **PVS Chemicals, Inc.**: PVS Chemicals, Inc. is a well-established supplier of ferric chloride products, known for its consistent quality and customer-centric approach. The company's strong customer base and global reach further strengthen its marketThe global ferric chloride market is witnessing significant growth, driven by the increasing demand for water and wastewater treatment solutions across industries. Ferric chloride, in both liquid and solid forms, plays a crucial role in addressing water pollution and ensuring water quality standards are met. Municipal water treatment plants are significant end-users of ferric chloride, utilizing it for coagulation and flocculation processes to remove impurities and contaminants from water sources. With the rise in urbanization and industrialization, the need for effective water treatment solutions is becoming more pressing, leading to a higher consumption of ferric chloride globally.
Another key application of ferric chloride is in the printed circuit board manufacturing industry. Ferric chloride is used for etching copper from circuit boards, a critical step in the production of electronic components. As the electronics manufacturing sector continues to grow, driven by technological advancements and the increasing demand for consumer electronics, the demand for ferric chloride for PCB etching is expected to rise correspondingly. Companies like BASF SE and Kemira Oyj play a vital role in supplying high-quality ferric chloride solutions to meet the requirements of the electronics industry, ensuring efficient and precise PCB manufacturing processes.
Furthermore, the metal surface treatment industry relies on ferric chloride for metal finishing and corrosion protection applications. Ferric chloride formulations are used to create durable and corrosion-resistant coatings on metal surfaces, enhancing their longevity and performance. Industries such as automotive, aerospace, and construction utilize ferric chloride for metal surface treatment to improve the durability and aesthetics of their products. As these industries continue to expand, the demand for ferric chloride for metal surface treatment is expected to exhibit steady growth, creating opportunities for market players like BorsodChem Zrt. and PVS Chemicals, Inc. to cater to the evolving needs of metal processing and finishing applications.
In the pharmaceutical industry, ferric chloride finds applications in chemical synthesis and manufacturing processes, where it acts as a catalyst or reagent in various reactions. The pharmaceutical sector's stringent quality**Market Analysis**
The global ferric chloride market is witnessing robust growth, driven by the increasing demand for water and wastewater treatment solutions across various industries. Ferric chloride, in both liquid and solid forms, plays a crucial role in addressing water pollution and ensuring water quality standards are met. Municipal water treatment plants are significant end-users of ferric chloride, utilizing it for coagulation and flocculation processes to remove impurities and contaminants from water sources. With the rise in urbanization and industrialization, the need for effective water treatment solutions is becoming more pressing, leading to a higher consumption of ferric chloride globally.
In the printed circuit board manufacturing industry, ferric chloride is used for etching copper from circuit boards, a critical step in the production of electronic components. As the electronics manufacturing sector continues to grow, driven by technological advancements and the increasing demand for consumer electronics, the demand for ferric chloride for PCB etching is expected to rise correspondingly. Companies like BASF SE and Kemira Oyj play a vital role in supplying high-quality ferric chloride solutions to meet the requirements of the electronics industry, ensuring efficient and precise PCB manufacturing processes.
Furthermore, the metal surface treatment industry relies on ferric chloride for metal finishing and corrosion protection applications. Ferric chloride formulations are used to create durable and corrosion-resistant coatings on metal surfaces, enhancing their longevity and performance. Industries such as automotive, aerospace, and construction utilize ferric chloride for metal surface treatment to improve the durability and aesthetics of
Ferric Chloride Key Benefits over Global Competitors:
- The report provides a qualitative and quantitative analysis of the Ferric Chloride Market trends, forecasts, and market size to determine new opportunities.
- Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
- Top impacting factors & major investment pockets are highlighted in the research.
- The major countries in each region are analyzed and their revenue contribution is mentioned.
- The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Ferric Chloride Market Landscape
Part 04: Global Ferric Chloride Market Sizing
Part 05: Global Ferric Chloride Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Critical Insights Related to the Ferric Chloride Included in the Report:
- Exclusive graphics and Illustrative Porter’s Five Forces analysis of some of the leading companies in this market
- Value chain analysis of prominent players in the market
- Current trends influencing the dynamics of this market across various geographies
- Recent mergers, acquisitions, collaborations, and partnerships
- Revenue growth of this industry over the forecast period
- Marketing strategy study and growth trends
- Growth-driven factor analysis
- Emerging recess segments and region-wise market
- An empirical evaluation of the curve of this market
- Ancient, Present, and Probable scope of the market from both prospect value and volume
The investment made in the study would provide you access to information such as:
- Ferric Chloride Market [Global – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
- Country wise Market Size Split [of important countries with major market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
- Market Size)
- Market Size by application/industry verticals
- Market Projections/Forecast
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