Ferric Chloride Market - Forecast(2023 - 2028)

Report Code: CMR 1524 Report Format: PDF + Excel

Ferric Chloride Market Overview:


The Ferric Chloride Market is anticipated to attain a market value of $8.22 billion by the year 2030, exhibiting a steady compound annual growth rate CAGR of 5% during the forecast period spanning from 2023 to 2030.

The Ferric Chloride market refers to the global industry involved in the production, distribution, and consumption of ferric chloride, a chemical compound with the formula FeCl3. Ferric chloride is widely used in various applications due to its versatile properties and functions.

One of the primary applications of ferric chloride is in water treatment. It is commonly used as a coagulant to remove impurities and contaminants from water, such as heavy metals and suspended solids. Ferric chloride helps in the purification of drinking water, wastewater treatment, and industrial processes that require clean water.

Additionally, ferric chloride finds applications in the electronics industry. It is used as an etchant in printed circuit board (PCB) manufacturing. Ferric chloride selectively removes the unwanted copper from the PCB, leaving behind the desired circuitry pattern. It is also utilized in the production of electronic components, such as semiconductors and integrated circuits.

Market Snapshot:

Ferric Chloride Market - Report Coverage:

The “Ferric Chloride Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Ferric Chloride Market.

Attribute

Segment

By Application

  • Water and Wastewater Treatment

  • Printed Circuit Board (PCB)

  • Pigment Manufacturing

  •  Others

By Type

  • Anhydrous Ferric Chloride

  • Liquid Ferric Chloride

  • Ferric Chloride Hexahydrate

by Treatment Types

  • Medication

  • Therapy

  •  Surgery

by Route of Administration

  • Oral

  • Parentral

by Distribution Channel

  • Hospital Pharmacies

  • Retail Pharmacies

  • Online Pharmacies

Geographies Covered

  • North America (U.S., Canada and Mexico)

  • Europe (Germany, France, UK, Italy, Spain, Russia and the Rest of Europe),

  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific),

  • South America (Brazil, Argentina, Chile, Colombia and the Rest of South America)

  • Rest of the World (Middle East and Africa).


Ferric Chloride Market - Top Trends

Increasing Demand for Clean Water: With the growing population and industrialization, the demand for clean and safe water is on the rise. Ferric Chloride is widely used as a coagulant in water treatment processes to remove impurities and contaminants. The trend towards stricter regulations and the need for effective water treatment solutions drive the demand for Ferric Chloride in the market.

Growth in Electronics Industry: The electronics industry is experiencing significant growth, driven by technological advancements and increasing demand for electronic devices. Ferric Chloride is used as an etchant in PCB manufacturing, which is a crucial process in electronics production. As the electronics industry continues to expand, the demand for Ferric Chloride as an etchant is expected to rise.

Sustainable Water Treatment Solutions: There is a growing focus on sustainable water treatment solutions that minimize environmental impact. Ferric Chloride is considered an environmentally friendly option compared to alternative coagulants like aluminum-based compounds. Its usage results in less sludge generation and reduces the overall environmental footprint. This trend towards sustainability favors the adoption of Ferric Chloride in water treatment applications.

Ferric Chloride Market - Company Product Analysis:

Kemira Oyj: Kemira is a global chemicals company that offers a wide range of products and solutions for various industries. In the ferric chloride market, Kemira provides high-quality ferric chloride products for water and wastewater treatment applications. Their ferric chloride products are known for their effectiveness in removing impurities, such as heavy metals and organic contaminants, from water.

PVS Chemicals Inc.: PVS Chemicals is a chemical manufacturing and distribution company. They offer a comprehensive line of ferric chloride products for applications like water treatment, etching, and metal surface treatment. PVS Chemicals' ferric chloride products are available in different forms, including liquid, powder, and granular, catering to various customer requirements.

Tessenderlo Group: Tessenderlo Group is a multinational chemical company that produces and markets a wide range of chemicals and solutions. In the ferric chloride market, Tessenderlo Group offers ferric chloride products under its brand names such as Resiflo and Solidfloc. These products find applications in water treatment, electronics manufacturing, and other industries.

BASF SE: BASF is one of the world's largest chemical companies, involved in the production and distribution of a diverse range of chemicals. In the ferric chloride market, BASF manufactures ferric chloride hexahydrate, a crystalline form of ferric chloride. This product is commonly used in wastewater treatment, metal etching, and printed circuit board manufacturing.

Chemifloc Limited: Chemifloc is a specialty chemicals company that produces a range of water treatment chemicals, including ferric chloride. Their ferric chloride products are used in municipal water treatment, industrial wastewater treatment, and other applications where coagulation and flocculation are required.

Key Market Players: 

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies players in the Ferric Chloride Market adopt. The top 10 companies in Ankylosing Spondylitis Market are listed below:
  1. Kemira Oyj
  2. BASF SE
  3. PVS Chemicals, Inc.
  4. Chemifloc Limited
  5. Gulbrandsen Chemicals
  6. Tessenderlo Group
  7. BorsodChem
  8. Bitterfelder Chemie GmbH
  9. Sidra Wasserchemie GmbH
  10. Zaclon LLC

Scope of the Report: 

Report Metric 

Details 

Base Year Considered

2023

Forecast Period

2023–2030

CAGR

5 %

Market Size in 2030

8.22 

Segments Covered

By Type, By Application and Region



Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).









Key Market Players 

1. Kemira Oyj

2. BASF SE

3. PVS Chemicals, Inc.

4. Chemifloc Limited

5. Gulbrandsen Chemicals

6. Tessenderlo Group

7. BorsodChem

8. Bitterfelder Chemie GmbH

9. Sidra Wasserchemie GmbH

                 10. Zaclon LLC


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1. Ferric Chloride market Overview
    1.1 Definitions and Scope
2. Ferric Chloride market – Executive Summary
3. Ferric Chloride market – Market Landscape
    3.1 Company Benchmarking – Key Companies
    3.2 Key Company Financial Analysis
    3.3 Market Share Analysis – Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Ferric Chloride market – Startup Company Scenario 
    4.1 Investment
    4.2 Revenue
    4.3 Venture Capital and Funding Scenario
5. Ferric Chloride market – Market Entry Scenario Premium 
    5.1 Regulatory Scenario
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Ferric Chloride market – Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porter’s Five Force Model
           6.3.1 Bargaining Power of Suppliers
           6.3.2 Bargaining Powers of Customers
           6.3.3 Threat of New Entrants
           6.3.4 Rivalry Among Existing Players
           6.3.5 Threat of Substitutes
7. Ferric Chloride market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle Analysis
8. Ferric Chloride market – By Type (Market Size - $Million/$Billion)
    8.1 Anhydrous Ferric Chloride
        8.1.1 Market Trends by Region 
        8.1.2 Market Share & Forecast by Region
    8.2 Liquid Ferric Chloride
        8.2.1 Market Trends by Region
        8.2.2 Market Share & Forecast by Region
    8.3 Ferric Chloride Hexahydrate Market 
        8.3.1 Market Trends by Region
        8.3.2 Market Share & Forecast by Region
    8.4 Others
9. Ferric Chloride market – By Application (Market Size - $Million/$Billion)
    9.1 Water and Wastewater Treatment
        9.1.1 Market Share & Forecast by Region
        9.1.2 Market Share & Forecast by Region
    9.2 Printed Circuit Board (PCB)
        9.2.1 Market Trends by Region
        9.2.2 Market Share & Forecast by Region
    9.3 Pigment Manufacturing
        9.3.1 Market Trends by Region
        9.3.2 Market Share & Forecast by Region
    9.4 Others
10. Ferric Chloride market – by Treatment Types (Market Size - $Million/$Billion)
    10.1 Medication 
        10.1.1 Market Trends by Region
        10.1.2 Market Share & Forecast by Region
    10.2 Therapy 
        10.2.1 Market Trends by Region
        10.2.2 Market Share & Forecast by Region
    10.3 Surgery 
        10.3.1 Market Trends by Region
        10.3.2 Market Share & Forecast by Region
11. Ferric Chloride market – by Route of Administration (Market Size - $Million/$Billion)
    11.1 Oral 
        11.1.1 Market Trends by Region
        11.1.2 Market Share & Forecast by Region
    11.2 Parentral 
        11.2.1 Market Trends by Region
        11.2.2 Market Share & Forecast by Region
12. Ferric Chloride market – by Distribution Channel (Market Size - $Million/$Billion)
    12.1 Introduction
    12.2 Hospital Pharmacies 
        12.2.1 Market Trends by Region
        12.2.2 Market Share & Forecast by Region
    12.3 Retail Pharmacies 
        12.3.1 Market Trends by Region
        12.3.2 Market Share & Forecast by Region
    12.4 Online Pharmacies 
        12.4.1 Market Trends by Region
        12.4.2 Market Share & Forecast by Region
13. Ferric Chloride market – by Geography (Market Size - $Million/$Billion)
    13.1 North America
        13.1.1 U.S.
        13.1.2 Canada
        13.1.3 Mexico
    13.2 Europe
        13.2.1 Germany
        13.2.2 France
        13.2.3 U.K.
        13.2.4 Italy
        13.2.5 Spain
        13.2.6 Russia
        13.2.7 Rest of Europe
    13.3 Asia-Pacific
        13.3.1 China
        13.3.2 Japan
        13.3.3 South Korea
        13.3.4 India
        13.3.5 Australia & New Zealand
        13.3.6 Rest of Asia-Pacific
    13.4 South America
        13.4.1 Brazil
        13.4.2 Argentina
        13.4.3 Chile
        13.4.4 Colombia
        13.4.5 Rest of South America
    13.5 Rest of the World
        13.5.1 Middle East
        13.5.2 Africa
14. Ferric Chloride market – Market Entropy
    14.1 New product launches
    14.2 M&A’s, collaborations, JVs and partnerships
15. Ferric Chloride market – Industry Competition Landscape 
    15.1 Market Share Analysis
        15.1.1 Market Share by Technology – Key Companies
        15.1.2 Market Share by Country – Key Companies
        15.1.3 Market Share by Region – Key Companies
    15.2 Competition Matrix
    15.3 Best Practices for Companies
16. Ferric Chloride market – Key Company List by Country Premium 
17. Ferric Chloride market – Company Analysis
    17.1 Kemira Oyj
    17.2 BASF SE
    17.3 PVS Chemicals, Inc.
    17.4 Chemifloc Limited
    17.5 Gulbrandsen Chemicals
    17.6 Tessenderlo Group
    17.7 BorsodChem
    17.8 Bitterfelder Chemie GmbH
    17.9 Sidra Wasserchemie GmbH
    17.10 Zaclon LLC

The Ferric Chloride Market is forecast to grow at 5% during the forecast period 2023-2030.

The Global Ferric Chloride Market size is estimated to be $XX Billion in 2023 and is projected to reach $8.22 Billion by 2030.

The leading players in the Ferric Chloride Market are BASF SE, PVS Chemicals, Inc. , Chemifloc Limited , Gulbrandsen Chemicals, Tessenderlo Group, BorsodChem, Bitterfelder Chemie GmbH.