Industrial Ferric Chloride Research: CAGR of 5.4% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Industrial Ferric Chloride- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Industrial Ferric Chloride was estimated to be worth US$ 978 million in 2024 and is forecast to a readjusted size of US$ 1446 million by 2031 with a CAGR of 5.4% during the forecast period 2025-2031.

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Industrial Ferric Chloride Market Summary

Ferric chloride also called as iron(III) chloride is a commodity chemical which is rarely observed in its natural form. Ferric chloride is extensively used as a flocculants in water treatment applications across the globe. Other applications of ferric chloride include its use in the production of printed circuit boards and as a catalyst in organic synthesis.

In this report, we mainly based on liquid to calculate, the 1 MT solid ferric chloride can be transferred into about 2 MT liquid ferric chloride here

According to the new market research report "Global Industrial Ferric Chloride Market Report 2025-2031", published by QYResearch, the global Industrial Ferric Chloride market size is projected to reach USD 1.45 billion by 2031, at a CAGR of 5.4% during the forecast period.

Figure00001. Global Industrial Ferric Chloride Market Size (US$ Million), 2020-2031

Industrial Ferric Chloride

Above data is based on report from QYResearch: Global Industrial Ferric Chloride Market Report 2024-2031 (published in 2024). If you need the latest data, plaese contact QYResearch.

Figure00002. Global Industrial Ferric Chloride Top 13 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Industrial Ferric Chloride

Above data is based on report from QYResearch: Global Industrial Ferric Chloride Market Report 2024-2031 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Industrial Ferric Chloride include Kemira, Tessenderlo Group, PVS Chemicals, Shandong Hongda, Feralco, SIDRA Wasserchemie, Kuncai, BASF, Basic Chemical Industries, Chemifloc, etc. In 2024, the global top 10 players had a share approximately 52.0% in terms of revenue.

Figure00003. Industrial Ferric Chloride, Global Market Size, Split by Product Segment

Industrial Ferric Chloride

Based on or includes research from QYResearch: Global Industrial Ferric Chloride Market Report 2024-2031.

In terms of product type, currently Liquid Ferric Chloride is the largest segment, hold a share of 75.8%.

In terms of product application, currently Water and Sewage Treatment Industry is the largest segment, hold a share of 51.0%.

Market Drivers:

D1: One of the most prominent market drivers is the escalating demand for effective water and wastewater treatment solutions, particularly in urbanizing and industrializing regions. Ferric chloride's efficiency as a coagulant for removing suspended solids, heavy metals, phosphates, and organic matter makes it indispensable in municipal water treatment plants and industrial effluent systems. Governments around the world are tightening regulations on wastewater discharge and implementing policies to ensure clean water access, which has spurred investments in water infrastructure-especially in countries like China, India, and across the Middle East and Africa. These developments are directly boosting the consumption of ferric chloride in both liquid and solid forms.

D2: The growing application of iron-based pigments in the construction and coatings industries contributes to the increasing demand for ferric chloride as a precursor in pigment production. Iron oxide pigments derived from ferric chloride are valued for their non-toxic nature, weather resistance, and color stability. These pigments are extensively used in concrete products, decorative coatings, road surfacing, and plastics, and their demand continues to grow in both residential and commercial construction markets, especially as sustainability and durability become central to architectural materials.

D3: With a global push toward the circular economy, many industries are seeking materials that can be regenerated, recycled, or used in cleaner production cycles. Ferric chloride is compatible with closed-loop systems and can be produced using recycled hydrochloric acid and iron, reducing overall environmental impact.

Restraint:

R1: The market also contends with inconsistent product quality and impurities, particularly in lower-grade ferric chloride produced from iron. Impurities such as heavy metals or organic residues can limit its usability in high-precision applications like electronics manufacturing or pigment production, where purity is essential. This limits cross-sectoral standardization and creates segmentation within the market.

R2: Ferric chloride also produces a large amount of iron-containing sludge as a byproduct in water treatment, which poses disposal challenges. Managing, dewatering, and safely disposing of this sludge increases operational costs for municipal and industrial treatment plants. In areas with strict environmental rules, this acts as a deterrent for ferric chloride usage.

R3: Public perception and environmental concerns related to the use of iron-based chemicals in water and soil environments can also hinder market growth. Misconceptions about chemical use, especially in drinking water treatment or agricultural runoff control, can lead to resistance from regulatory bodies or community stakeholders, delaying project approvals and adoption.

Trend:

A primary trend driving demand is the global expansion of municipal and industrial wastewater treatment facilities. As environmental agencies tighten regulations on effluent discharge, especially concerning phosphorus and suspended solids, ferric chloride has become a preferred coagulant due to its effectiveness in removing contaminants and its ability to reduce biochemical oxygen demand (BOD) and chemical oxygen demand (COD). Emerging economies in Asia, Africa, and Latin America are investing heavily in water infrastructure, further propelling ferric chloride consumption in the water treatment sector.

Many manufacturers are incorporating recovered hydrochloric acid and iron from industrial waste streams to enhance sustainability and reduce production costs. This aligns with broader trends in the chemical industry toward circular economy models and resource efficiency. In addition, the rise in chlorine-based byproduct valorization from chlor-alkali plants provides a reliable upstream source for ferric chloride synthesis, integrating production more closely with other segments of the chemical value chain.

In the electronics sector, particularly the PCB (printed circuit board) industry, ferric chloride remains a staple etchant. However, growing demand for finer circuit designs, high-precision etching, and environmental controls is pushing manufacturers toward closed-loop systems that regenerate and reuse etching solutions. This development is especially prominent in East Asia, where dense electronics manufacturing clusters in China, Taiwan, South Korea, and Japan are adopting newer process technologies to reduce chemical waste and improve cost-efficiency. As electronics manufacturing continues to evolve with smaller and more complex devices, demand for high-purity ferric chloride is expected to remain robust, albeit with increasing competition from alternative etchants like cupric chloride.

The metal surface treatment industry is also experiencing growth, particularly in response to rising production in automotive, aerospace, and construction industries. Ferric chloride's role in pickling and cleaning metal surfaces is seeing renewed interest due to its lower environmental impact compared to traditional acids, especially when used in controlled, automated systems. Furthermore, the shift toward lightweight metals and alloys has led to the refinement of ferric chloride-based formulations to prevent over-etching and corrosion, driving product innovation in this segment.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Industrial Ferric Chloride market is segmented as below:
By Company
Kemira
Tessenderlo Group
BASF
Feralco
SIDRA Wasserchemie
Basic Chemical Industries
Chemifloc
Saf Sulphur Company
SJCC
PVS Chemicals
Shandong Hongda
Changyi Daan Fine Chemical
Kuncai

Segment by Type
Liquid
Powder

Segment by Application
Water and Sewage Treatment Industry
Metal Surface Treatment Industry
PCB Industry
Pigment Industry
Others

Each chapter of the report provides detailed information for readers to further understand the Industrial Ferric Chloride market:

Chapter 1: Introduces the report scope of the Industrial Ferric Chloride report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Industrial Ferric Chloride manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Industrial Ferric Chloride market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Industrial Ferric Chloride in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Industrial Ferric Chloride in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Industrial Ferric Chloride competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Industrial Ferric Chloride comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Industrial Ferric Chloride market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

Other relevant reports of QYResearch:
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