Ferric Chloride Market 2024-2028
The ferric chloride market is forecasted to grow by USD 134.2 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the ferric chloride market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand for wastewater reuse, government encouraging wastewater treatment, and high demand of ferric chloride from industrial sector.
Technavio's ferric chloride market is segmented as below:
- By Application
- Water and wastewater treatment
- PCB
- Others
- By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the spot basis pricing preference for ferric chloride as one of the prime reasons driving the ferric chloride market growth during the next few years. Also, growing use of ferric chloride in PCBs and rapid urbanization in APAC region will lead to sizable demand in the market.
The report on the ferric chloride market covers the following areas:
- Ferric Chloride Market sizing
- Ferric Chloride Market forecast
- Ferric Chloride Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ferric chloride market vendors that include 3V Tech S.p.A., Acuro Organics Ltd., Avantor Inc., BASF SE, BPS Products Pvt. Ltd., Chemifloc Ltd, Feralco AB, Huizhou 3R Environmental Chemical Co, Kemira Oyj, Malay Sino Chemical Industries SDN Bhd, Nissan Chemical Corp., Prime Chemicals, PVS Chemicals Inc., Real MetalChem Pvt. Ltd., SC Chimcomplex SA Borzesti, SIDRA Wasserchemie GmbH, Sukha Chemical Industries, Tessenderlo Group NV, Vinayak Industries, and Wanhua Chemical Group Co. Ltd.. Also, the ferric chloride market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.