Global Ferric Chloride Market to hit US$ 10.6 billion by 2031 | DataM Intelligence

"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." As per DataM intelligence research report

The Ferric Chloride Market report by DataM Intelligence provides comprehensive insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. By combining qualitative and quantitative research methodologies, the firm delivers in-depth reports that help clients navigate complex market dynamics, drive strategic growth, and seize new opportunities in an ever-evolving global landscape.

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United States: Recent Industry Developments

✅ In August 2025, a U.S. chemical company launched a new high-purity ferric chloride product designed for enhanced performance in water treatment and industrial applications.

✅ In July 2025, a production facility in Texas was expanded to increase ferric chloride output to meet growing demand from municipal water treatment plants.

✅ In May 2025, several U.S. manufacturers announced upgrades to their anhydrous ferric chloride production lines, improving efficiency and product quality for electronics and chemical processing industries.

Japan: Recent Industry Developments

✅ In July 2025, a Japanese firm introduced a new ferric chloride formulation optimized for wastewater treatment and corrosion control applications.

✅ In June 2025, a major chemical company in Japan invested in modernizing its ferric chloride production plant to support infrastructure and industrial projects.

✅ In May 2025, Japanese manufacturers collaborated on research initiatives to develop environmentally friendly ferric chloride products for road construction and industrial use.

Ferric Chloride Market: Drivers

The ferric chloride market is driven by its extensive use as a key chemical in water and wastewater treatment processes, ensuring safe and clean water supply. Rising industrialization and urbanization are increasing the demand for efficient water purification solutions. The chemical is also widely used in the electronics industry for etching printed circuit boards, supporting growth in electronics manufacturing. Growing infrastructure development and rising municipal water treatment projects are boosting market adoption. Additionally, its use in chemical synthesis and other industrial applications contributes to steady demand.

Market expansion is further supported by technological advancements in ferric chloride production and formulation, improving efficiency and reducing environmental impact. Increasing regulatory focus on water quality and pollution control is driving consistent usage in treatment facilities. Emerging economies with expanding industrial bases are creating significant new opportunities for ferric chloride applications. Collaborations between chemical manufacturers and industrial users are fostering innovation and supply chain improvements. With its versatile industrial applications and critical role in water treatment, the ferric chloride market is expected to witness steady global growth.

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Segment Covered in the Ferric Chloride Market:

➥ 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

Ferric Chloride Market: Major Players

Kemira Oyj, BASF SE, PVS Chemicals, Inc., Chemifloc Limited, Gulbrandsen Chemicals, Tessenderlo Group, BorsodChem, Bitterfelder Chemie GmbH, Sidra Wasserchemie GmbH and Zaclon LLC.

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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Regional Analysis:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

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