Ferric Chloride Industry Overview
Ferric chloride is an industrial
scale chemical, which exists in amorphous solid and liquid form. It is widely
used as a coagulating agent in water treatment plants and as an etching agent
in metal and electronics industries. Ferric chloride is widely used as a
concentrated solution with 40% w/w minimum concentration.
According to MRFR analysis, the
global Ferric Chloride Industry is estimated to register a healthy CAGR of
4.65% by the end of 2027.
Based on grade, the global Ferric
Chloride Industry has been segmented into anhydrous, ferric chloride
hexahydrate lumps, and ferric chloride liquid. Among these, the ferric chloride
liquid segment held the largest market share and is estimated to exhibit a
healthy CAGR during the assessment period owing to its increasing use in water
treatment applications in municipal wastewater and potable treatment plants.
On the basis of application, the
global Ferric Chloride Industry has been classified into wastewater treatment,
metal surface treatment, potable water treatment, electronic etchants, printed
circuit boards (PCBs), pigment manufacturing, catalyst, asphalt blowing, and
others. The wastewater treatment segment is expected to account for the largest
market share in 2018, owing to stringent regulations regarding water safety.
The potable water treatment segment is projected to register the highest CAGR
in the following years on account of growing adoption of the product to remove
phosphorous from water.
By end-use industry, the global Ferric
Chloride Industry has been categorized into pharmaceuticals, chemicals,
electronics, metals and metallurgy, municipal wastewater treatment, municipal
potable water treatment, and others. The municipal wastewater treatment segment
dominated in 2018 owing to increasing adoption of ferric chloride in treating
industrial effluents. The electronics segment is estimated to register the
highest CAGR during the review period owing to the growing demand for the
product in the etching of PCBs in electronic circuits.
Competitive Analysis
MALAY-SINO CHEMICAL INDUSTRIES SDN.
BHD (Malaysia),Chemifloc LTD (Ireland), PVS Chemicals (US), BASF SE (Germany),
Seqens Group (France), Feralco AB (France), KEM ONE (France), Gulbrandsen (US),
Kemira (Finland), Tessenderlo Group (Belgium), Sidra Wassercheime GmbH
(Germany), Sukha Chemical Industries (India), BorsodChem (Hungary), and Saf
Sulphur Company (Saudi Arabia) are some of the key players operating in the
global Ferric Chloride Industry.
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Market Segmentation
The global Ferric Chloride Industry
has been segmented on the basis of grade, application, end-use industry, and
region.
Based on grade, the global Ferric
Chloride Industry has been classified into anhydrous, ferric chloride
hexahydrate lumps, and ferric chloride liquid.
By application, the global Ferric
Chloride Industry has been divided into wastewater treatment, metal surface
treatment, potable water treatment, electronic etchants, printed circuit boards
(PCBs), pigment manufacturing, catalyst, asphalt blowing, and others.
On the basis of end-use industry, the
global Ferric Chloride Industry has been categorized into pharmaceuticals,
chemicals, electronics, metals and metallurgy, municipal wastewater treatment,
municipal potable water treatment, and others.
The global Ferric Chloride Industry
has been studied across five key regions, namely – Asia-Pacific, North America,
Europe, Latin America, and the Middle East & Africa.
Regional Analysis
Geographically, the global Ferric
Chloride Industry has been studied across the five regions—Asia-Pacific, North
America, Latin America, Europe, and the Middle East & Africa.
The Asia-Pacific market dominated in
2018 on account of increasing demand for the product in wastewater treatment,
metal surface treatment, and electronics industries. China is expected to be
the major contributor to the regional market growth owing to the increasing
application of the product in electronic circuits and PCBs. Other countries
contributing to the regional market growth are Japan, South Korea, India, and
Malaysia. The European market accounted for the second-largest market share in
2018, owing to the growing adoption of the product in potable water treatment
and catalyst applications. Germany is the leading country in the region
followed by France, Belgium, Hungary, and Italy, owing to the high demand for
ferric chloride in the pharmaceutical industry.
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