What is Ferric Chloride Market?
Ferric chloride or iron(III) chloride is the inorganic compound that is primarily used to treat sewage, industrial waste to purify water. Ferric chloride is colorless to light brown aqueous solution that has a faint hydrochloric acid odor and is highly corrosive to most metals and probably corrosive to tissue. It is used as an etching agent for engraving circuit boards and in the metallurgical industry. Ferric chloride is also used in the manufacturing of other chemicals and for catalyzing reactions such as chlorination of aromatic compounds and Friedel–crafts reaction of aromatics.
The market study is being classified, by Application (Catalyst, Etching Agent, Wastewater Treatment, Laboratory, Pet Care and Others) and major geographies with country level break-up.
Sigma-Aldrich (United States), BASF (Germany), DuPont (United States), Innova Corporate (India), GFS Chemicals (United States), PVS Chemicals (United States), Cinetica Quimica (United States), Numet Chemicals (India), Tessenderlo Group (Belgium), Kem One (France), Alfa Aesar (United States) and American Elements (United States) are some of the key players profiled in the study.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Ferric Chloride market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Ferric Chloride market by Type, Application and Region.
On the basis of geography, the market of Ferric Chloride has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand of Chemicals in Wastewater Treatment
- Increasing Use of Ferric Chloride for Manufacturing Commodity Chemical for Making PVC
- Increasing Initiative to Treat Wastewater, Purify Water Due to Implementation of New Amendments
- Ferric Chloride Offers Poor Dewatering and Extreme Hazardous
- Growing Utilization of Ferric Chloride Etchant in Industrial Photochemical Machining
- Availability of Other Substitutes for Wastewater Treatment
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Ferric Chloride Manufacturers, Suppliers and Distributors of Ferric Chloride, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Ferric Chloride Market?
"Increasing Demand of Chemicals in Wastewater Treatment
" is seen as one of major growth factors of Ferric Chloride Market in years to come.
2. Can we have customized study for Ferric Chloride Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Ferric Chloride Market?
United States will lead Ferric Chloride Market in coming years.