Ferric Chloride Market by Application and Geography - Forecast and Analysis 2022-2026

Published: Aug 2022

Pages: 126

SKU: IRTNTR74066

Snapshot

The ferric chloride market share is expected to increase by USD 155.76 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.17%.

This ferric chloride market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers ferric chloride market segmentation by application (water and wastewater treatment, PCB, and others) and geography (Europe, North America, APAC, South America, and Middle East and Africa). The ferric chloride market report also offers information on several market vendors, including 3V Tech S.p.A., Acuro Organics Ltd, 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, VWR International LLC, and Wanhua Chemical Group Co. Ltd. among others.

What will the Ferric Chloride Market Size be During the Forecast Period?

Download Report Sample to Unlock the Ferric Chloride Market Size for the Forecast Period and Other Important Statistics

Ferric Chloride Market: Key Drivers, Trends, and Challenges

The increase in demand for wastewater reuse is notably driving the ferric chloride market growth, although factors such as process technology improvement may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the ferric chloride industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Ferric Chloride Market Driver

One of the key factors driving growth in the ferric chloride market is the increase in demand for wastewater reuse. Industries discharge wastewater that contains contaminated inorganic compounds that can have toxic effects on marine life and cause serious water pollution if released untreated into rivers, ponds, or lakes. Mandatory guidelines by various regulatory bodies, including the US Environmental Protection Agency (EPA), make the treatment and reuse of industrial wastewater compulsory. The use of ferric chloride for the treatment of wastewater is the key reason for its high demand. Industries also use ferric chloride to protect their equipment against contamination and to reuse the wastewater as much as possible. Industries must ensure that the water being released into the environment is safe and does not pose a threat to the environment, humans, or animals.

Key Ferric Chloride Market Trend

The spot basis pricing preference for ferric chloride is a ferric chloride market trend that is expected to have a positive impact in the coming years. Consumers prefer spot basis pricing as their requirement for ferric chloride fluctuates, and the prices include taxes, production costs, and freight charges. If ferric chloride is bought on a contractual basis, then this change in price does not imply. Contracts are made annually, and the contract prices do not change with changes in raw materials prices. Buyers and traders prefer the spot basis pricing system as the margins for revenues are high, and the prices are proportional to the changes in the market price. In the case of a contract system, the consumers have the liberty to negotiate the prices that are listed as suppliers that offer the least price are awarded the contract. In the case of spot basis pricing, the price is fixed, and the consumers cannot negotiate on the price.

Key Ferric Chloride Market Challenge

The process technology improvement will be a major challenge for the ferric chloride market during the forecast period. The use of wastewater treatment chemicals such as ferric chloride will scale down due to new and improved technologies for water treatment. Even though such technologies cost more, in the long run, they turn out to be more economical and functional. Traditional mechanical treatment systems are widely used within natural processes under controlled infrastructure ideally suited for natural system technologies. Terrestrial systems make use of the nutrients contained in wastewater. Soil adsorption and plant growth convert biologically available nutrients into less-available forms of biomass, which is then harvested for a variety of uses, including alcohol production, methane gas production, or cattle feed supplements.

This ferric chloride market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global ferric chloride market as a part of the global commodity chemicals market within the global chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the ferric chloride market during the forecast period.

Who are the Major Ferric Chloride Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

This statistical study of the ferric chloride market encompasses successful business strategies deployed by the key vendors. The ferric chloride market is fragmented and the vendors are deploying growth strategies such as continuously undergoing M&A to broaden their product portfolios to compete in the market.

Product Insights and News

BASF SE - BASF SE is a public company headquartered in Germany. It is a global company generating $89,020 million in revenues and has around 111,047 employees. Its revenue from the global ferric chloride market is a key component of its overall revenues.
BASF SE - The company offers water-free ferric chloride.

To make the most of the opportunities and recover from post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The ferric chloride market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Ferric Chloride Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the ferric chloride market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Ferric Chloride Market?

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36% of the market’s growth will originate from Europe during the forecast period. Germany and UK are the key markets for ferric chloride in Europe. Market growth in this region will be faster than the growth of the market in the South American and MEA regions. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the Ferric Chloride Market?

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The ferric chloride market share growth in the water and wastewater treatment segment will be significant during the forecast period. Ferric chloride is used to treat process water (water that cannot be classified as drinking water is known as process water), effluent water, and raw water to remove the organic and inorganic particles such as dirt and hazardous substances, and oxides of metals. Water treatment plants use ferric chloride extensively to treat water and meet the required standards.

This report provides an accurate prediction of the contribution of all the segments to the growth of the ferric chloride market size and actionable market insights on the post-COVID-19 impact on each segment.

You may be interested in the regional reports:

MENA Ferric Chloride market - The market share will grow at a CAGR of 4% by 2021.

Ferric Chloride Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 5.17%
Market growth 2022-2026	$ 155.76 million
Market structure	Fragmented
YoY growth (%)	4.34
Regional analysis	Europe, North America, APAC, South America, and Middle East and Africa
Performing market contribution	Europe at 36%
Key consumer countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	3V Tech S.p.A., Acuro Organics Ltd, 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, VWR International LLC, and Wanhua Chemical Group Co. Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Ferric Chloride Market Report?

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will drive ferric chloride market growth during the next five years
Precise estimation of the ferric chloride market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the ferric chloride industry across Europe, North America, APAC, South America, and Middle East and Africa
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of ferric chloride market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

5.1 Market segments
- Exhibit 24: Chart on Application - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application

5.3 Water and wastewater treatment - Market size and forecast 2021-2026
- Exhibit 28: Chart on Water and wastewater treatment - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Water and wastewater treatment - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Water and wastewater treatment - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Water and wastewater treatment - Year-over-year growth 2021-2026 (%)

5.4 PCB - Market size and forecast 2021-2026
- Exhibit 32: Chart on PCB - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on PCB - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on PCB - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on PCB - Year-over-year growth 2021-2026 (%)

5.5 Others - Market size and forecast 2021-2026
- Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.6 Market opportunity by Application
- Exhibit 40: Market opportunity by Application ($ million)

6 Customer Landscape

6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison

7.3 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.4 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.5 APAC - Market size and forecast 2021-2026
- Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026
- Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 Germany - Market size and forecast 2021-2026
- Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.10 UK - Market size and forecast 2021-2026
- Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.11 China - Market size and forecast 2021-2026
- Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)

7.12 Japan - Market size and forecast 2021-2026
- Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption

9.4 Industry risks
- Exhibit 90: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered
- Exhibit 91: Vendors covered

10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification

10.3 BASF SE
- Exhibit 93: BASF SE - Overview
- Exhibit 94: BASF SE - Business segments
- Exhibit 95: BASF SE - Key news
- Exhibit 96: BASF SE - Key offerings
- Exhibit 97: BASF SE - Segment focus

10.4 Kemira Oyj
- Exhibit 98: Kemira Oyj - Overview
- Exhibit 99: Kemira Oyj - Business segments
- Exhibit 100: Kemira Oyj - Key news
- Exhibit 101: Kemira Oyj - Key offerings
- Exhibit 102: Kemira Oyj - Segment focus

10.5 Malay Sino Chemical Industries Sdn Bhd
- Exhibit 103: Malay Sino Chemical Industries Sdn Bhd - Overview
- Exhibit 104: Malay Sino Chemical Industries Sdn Bhd - Product / Service
- Exhibit 105: Malay Sino Chemical Industries Sdn Bhd - Key offerings

10.6 Nissan Chemical Corp.
- Exhibit 106: Nissan Chemical Corp. - Overview
- Exhibit 107: Nissan Chemical Corp. - Business segments
- Exhibit 108: Nissan Chemical Corp. - Key offerings
- Exhibit 109: Nissan Chemical Corp. - Segment focus

10.7 PVS Chemicals Inc.
- Exhibit 110: PVS Chemicals Inc. - Overview
- Exhibit 111: PVS Chemicals Inc. - Product / Service
- Exhibit 112: PVS Chemicals Inc. - Key offerings

10.8 SC Chimcomplex SA Borzesti
- Exhibit 113: SC Chimcomplex SA Borzesti - Overview
- Exhibit 114: SC Chimcomplex SA Borzesti - Product / Service
- Exhibit 115: SC Chimcomplex SA Borzesti - Key offerings

10.9 SIDRA Wasserchemie GmbH
- Exhibit 116: SIDRA Wasserchemie GmbH - Overview
- Exhibit 117: SIDRA Wasserchemie GmbH - Product / Service
- Exhibit 118: SIDRA Wasserchemie GmbH - Key offerings

10.10 Tessenderlo Group NV
- Exhibit 119: Tessenderlo Group NV - Overview
- Exhibit 120: Tessenderlo Group NV - Business segments
- Exhibit 121: Tessenderlo Group NV - Key offerings
- Exhibit 122: Tessenderlo Group NV - Segment focus

10.11 VWR International LLC
- Exhibit 123: VWR International LLC - Overview
- Exhibit 124: VWR International LLC - Product / Service
- Exhibit 125: VWR International LLC - Key offerings

10.12 Wanhua Chemical Group Co. Ltd.
- Exhibit 126: Wanhua Chemical Group Co. Ltd. - Overview
- Exhibit 127: Wanhua Chemical Group Co. Ltd. - Product / Service
- Exhibit 128: Wanhua Chemical Group Co. Ltd. - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist
- Exhibit 129: Inclusions checklist
- Exhibit 130: Exclusions checklist

11.3 Currency conversion rates for US$
- Exhibit 131: Currency conversion rates for US$

11.4 Research methodology
- Exhibit 132: Research methodology
- Exhibit 133: Validation techniques employed for market sizing
- Exhibit 134: Information sources

11.5 List of abbreviations
- Exhibit 135: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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