Press release
Ferric Hydroxide Market to witness a CAGR of 5% between 2019 and 2029
Predominant consumption by the construction and paints & coatings industries will drive revenues in the global ferric hydroxide market. As suggested by a recently published Persistence Market Research (PMR) study, ferric hydroxide would be representing a US$ 1 Bn global market towards the end of 2029. The growth of market has been projected at a promising 5% CAGR over 2019 - 2029. Yellow iron oxide will predominantly witness higher demand from the construction industry, as it is widely used in the manufacturing of concrete materials.To remain ‘ahead’ of your competitors, request for a sample here@ https://www.persistencemarketresearch.com/samples/4245
Notable Insights - Ferric Hydroxide Market Study
• Global manufacturers of ferric hydroxide/ferric hydroxide-based products are focusing on increasing their B2B distribution channels, owing to increasing demand from manufacturers of materials such as concrete products, pigments, coatings, etc.
• On the other hand, local/regional players are focusing on customer-centric approach by maximizing their services and product offerings. Moreover, market players are attracting customers by offering application-specific products. For example, many players in China are offering specific-grade, high-purity yellow iron oxide for manufacturing cosmetic products.
• About two-thirds of manufacturers in the global ferric hydroxide market are offering solid form of the product, as it can be used directly in various applications. Some players are offering slurry form of ferric hydroxide-based products with addition of specific additives to enhance chemical properties. Other players are focusing on providing ferric hydroxide granules to the water treatment industry.
• Cost-effectiveness of inorganic oxides has a positive impact on the ferric hydroxide market. As yellow iron oxide/iron (III) oxide hydroxide is an inorganic oxide, it is priced less, as compared to organic oxides.
To receive extensive list of important regions, Request Methodology here @ https://www.persistencemarketresearch.com/methodology/4245
Key players operating in the ferric hydroxide industry have a strong focus on manufacturing yellow iron oxides amongst all ferric hydroxide-based products. Stringent regulations have been implemented for manufacturing yellow iron oxide; hence, players are continuously focusing on using advanced technologies to minimize adverse environmental impact.
Superior Characteristics of Granulating Iron Oxide
A wide range of applications of ferric hydroxide-based products/materials such as yellow iron oxides and synthetic granules of ferric hydroxide, are shaping market growth positively. Many manufacturers are developing and offering granulating iron oxide as it has significant benefits over the powder form. Players are focusing more on a product development strategy to sustain their positions in the highly competitive market.
Who Is Winning?
Ferric hydroxide market is fairly fragmented, as a large number of players are offering products for diverse applications. Key manufacturers such as BASF SE, LANXESS, Ferro Corporation, Huntsman Corporation, Cathay Industries, Yipin Pigments, Applied Minerals, INC., and others account for about 30% of the overall market share. In the current scenario, North America and East Asia are anticipated to account for a significant share of the global ferric hydroxide market, owing to expanding construction and paints & coatings industries.
You can access Full report here @ https://www.persistencemarketresearch.com/checkout/4245
Contact Us:
305 Broadway
7th Floor
New York City, NY 10007
United States
USA - Canada Toll-Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Persistence Market Research (PMR) is an innovative and specialized publisher of market intelligence reports and consulting services. Prompt delivery, in-depth research, and high quality are the sacrosanct principles of PMR.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ferric Hydroxide Market to witness a CAGR of 5% between 2019 and 2029 here
News-ID: 2163160 • Views: …
More Releases from Persistence Market Research
Stadium Lighting Market Soars as LED Replaces Metal Halide with Longer Lifespan …
The stadium lighting market is witnessing unprecedented growth, fueled by the global shift from traditional metal halide lights to energy-efficient LED lighting systems. Metal halide lights, which have dominated stadiums for decades, typically last around 6,000 hours and require frequent replacement, leading to high maintenance costs. In contrast, modern LED stadium lights offer superior durability, water resistance, and shockproof features, with lifespans extending up to 100,000 hours. These advancements are…
Global POS Machines Market Outlook: US$ 18 Bn to US$ 49 Bn by 2033
The Point-of-Sale (POS) machines market has been experiencing significant growth over the past decade, driven by rapid technological advancements and the increasing adoption of digital payment solutions. As of 2022, the global POS machines market was valued at US$ 18,221.3 Million, and it is forecasted to reach US$ 49,365.2 Million by 2033. The market is anticipated to grow at a CAGR of 9.6% from 2023 to 2033, highlighting its robust…
How 3D Scanners Are Transforming Design, Manufacturing, and Entertainment
The 3D scanners market is witnessing remarkable growth as industries increasingly adopt advanced digital solutions for product design, quality control, and cultural documentation. A 3D scanner is defined as a device that analyzes real-world objects to collect data on their shape and appearance, enabling the creation of highly accurate digital models. These models are widely used across applications like movie and video game production, industrial design, prosthetics, reverse engineering, prototyping,…
Intermodal Transport Market Poised for Growth at a Robust CAGR Over the Next Dec …
Overview of the Market
The intermodal transport market is witnessing significant growth globally due to increasing demand for efficient, cost-effective, and environmentally sustainable logistics solutions. Intermodal transport, which involves the seamless integration of multiple transportation modes such as rail, road, and sea, ensures faster and safer movement of goods while reducing operational costs. The market's growth is being driven by the rising adoption of advanced technologies, such as automated gate systems…
More Releases for PMR
Starch Derivatives Market Outlook by 2021 : PMR
Starch derivatives, also known as modified starch, are prepared by enzymatically, physically or chemically treating native starch to alter its properties. Starch derivatives are used in a number of industries for various functions. They are used as thickeners and stabilizers in the food and beverage industry, as a tablet binder in the pharmaceutical industry, as an emulsifier in cosmetics, and fiber additive in the animal feed. Some of the other…
Yeast Ingredients Market Outlook by 2021 : PMR
Yeasts are chemoorganotrophs, as they use organic compounds to source energy and do not require sunlight for growth or survival. Yeasts are usually unicellular; although some species may be multi-cellular. The size of yeast depends on the species. Yeasts usually measure 3 to 4 µm in diameter. However, certain yeasts reach up to 40 µm in diameter. Yeasts reproduce asexually through mitosis (a process, in which, the chromosomes in a…
Confectionery Market Outlook by 2021 : PMR
The confectionery market is one of the growing sectors globally . Usually, confections are low in nutrients and high in calorie. Sugar-free confections are gaining popularity in the recent years due to factors such as increasing obesity rate, increasing number of diabetic patients, increasing nutritional and health concerns, and changing lifestyle. The confectionery market can be primarily divided into two broad categories: sugar confectionery and bakers’ confectionery . Sugar confectionery…
Cereal Bars Market Outlook by 2021 : PMR
A cereal bar is made up of nuts, oats, sugar, dry fruits, flour, honey, wheat, corn, and puffed rice. Cereal bars have always been perceived as on-the-go breakfast snack items that are healthier alternatives of chocolate and other snacks. Cereal bars are high in fiber and protein and low in carbohydrates, vitamins, minerals, sodium, and antioxidants. They come in various flavors such as chocolate, peanut butter, banana, caramel, banana, honey,…
Functional Flours Market Share by 2026 : PMR
The natural flours used for specialty applications in the food industry and undergoes different treatment process to improve their properties are called functional flours. The various properties of functional flours include cold binding capacity, thermal binding capacity, machinability, dough hydration etc. The functional flours are classified as waxy, multi-benefit, instant and granulated type depending on its features. They undergo different physical and nutritional treatment to enhance its features. In dietary…
Global Ceilings Market Snapshot by 2020 : PMR
Ceiling is overhead interior portion within the room which covers the upper portion of the room. Main purpose of ceiling is to achieve the desired height of the roof in the room. Ceilings are frequently decorated with attractive paintings, mosaic tiles and other different designs. Major advantage of decorated ceiling is that it gets protected from damage by fingers and dust. There are certain ceilings which are fire resistance; dropping…
