The Ferric Chloride Market is witnessing a substantial growth across vendors and varied end-user industries, especially in the developed nations. The Ferric Chloride Market is expected to reach USD 560.32 Million by 2025 from USD 493.02 Million in 2019, at a CAGR of 2.04% from 2020 to 2025.
The market is analyzed across four geographical regions, namely, North America (U.S., Canada), Europe (UK, Germany, France and rest of Europe), Asia-Pacific (China, Japan, India and Rest of Asia-Pacific), and RoW (Latin America, Middle East, and Africa). The European region holds the highest market about XX% of the total market share in 2018. The Asia Pacific region due to increased industrialization, consumption of ferric chloride in industrial wastewater treatment especially from the Chinese market is growing. A stringent regulation in the region by various Governments is pushing Ferric Chloride Market gradually across the APAC region. It is expected that at the country level, the China & U.S. accounts for the majority of the market revenue by 2025.
The Ferric Chloride Market is segmented on the basis of End User Types, By Application, and by Region. The two End User types in this Market are Industrial & Commercial. In which Industrial Type holds XX% of market share in 2018. And is expected to be growing at a CAGR of XX% in the forecasted period.
The Ferric Chloride Market by Application is segmented into Waste Water, Drinking Water Production, Medicines, Cosmetics, Electronics, etc. Amongst all the End User applications, Waste Water Treatment is estimated to grow at a CAGR of XX% in the forecasted period and it holds the highest market share.
Key companies profiled in the report are 3V Tech S.p.A., BASF SE, Chemifloc LTD, CIF, Electrolube, Feralco AB, Merck KGaA, MG Chemicals, Monarch Chemicals Ltd, Nouryon, PVS Chemicals, Shrieve, SIDRA Wasserchemie GmbH, Tessenderlo Group.