Ferric Chloride Market Set for Robust Growth: Surging Demand in Water Treatment and PCB Manufacturing Drives Industry Expansion 2025 | Top key players - Kemira Oyj, BASF SE, PVS Chemicals, Inc.

The Global Ferric Chloride Market reached US$ 7.1 billion in 2023 and is expected to reach US$ 10.6 billion by 2031, growing with a CAGR of 5.1% during the forecast period 2024-2031.

The Ferric Chloride Market, as analyzed by DataM Intelligence, offers a comprehensive industry overview backed by in-depth insights, historical trends, and key statistics. The report dives deep into market dynamics and competitive strategies, profiling major players along with their product portfolios, pricing models, financial performance, growth initiatives, and regional presence.

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The Ferric Chloride Market revolves around this versatile chemical, widely used in water treatment, electronics, and metal etching. Valued for its efficiency in purifying wastewater and crafting circuit boards, it's a staple in industries prioritizing sustainability and precision. As demand grows for cleaner water and advanced tech, ferric chloride remains a trusted, impactful solution for both environmental and industrial needs.

Major players in the Ferric Chloride Market

The prominent players in Ferric Chloride market research report are: Kemira Oyj, BASF SE, PVS Chemicals, Inc., Chemifloc Limited, Gulbrandsen Chemicals, Tessenderlo Group, BorsodChem, Bitterfelder Chemie GmbH, Sidra Wasserchemie GmbH and Zaclon LLC.

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

Key Development

In February 2022, Chemieanlagenbau Chemnitz (CAC) announced the commissioning of Kuwait's first ferric chloride (FeCl3) plant for Al Kout Industrial Projects in Shuaiba, Kuwait. The facility utilizes waste iron, hydrochloric acid, and chlorine gas as feedstock, with an annual production capacity of 20,000 metric tons of ferric chloride, primarily used in water treatment and industrial applications.

In July 2021, Nouryon finalized the spin-off of its base chemicals division into a new standalone company, Nobian. The new entity focuses on manufacturing and supplying essential chemicals, including ferric chloride, serving industries such as water purification, electronics, and pharmaceuticals.

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Market Segments

By Type: Anhydrous Ferric Chloride, Liquid Ferric Chloride, Ferric Chloride Hexahydrate.

By Application: Water and Wastewater Treatment, Printed Circuit Board (PCB), Pigment Manufacturing, Animal Nutrient Supplements, Others.

By End-User: Pharmaceuticals, Chemicals, Electronics, Metals & Metallurgy, Municipal Wastewater Treatment, Others.

The Ferric Chloride industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.

Regions Covered:

The global Ferric Chloride Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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