Ferric Chloride Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Ferric chloride is defined as brownish liquid possessing a pungent odor, which is quite similar to the smell of hydrochloric acid. The compound is extensively available in the form of anhydrous powder or solid lump. It is used as a flocking agent to treat drinking water and wastewater in several industries. Other than this, it also finds application as a concentrated solution and as crystalline solid in several industrial applications. Rising demand of ferric chloride in diversified application bases is expected to stipulate the growth of the market.
MARKET DYNAMICS
The Ferric chloride market has witnessed a significant growth owing to factors such significant growth in end use industrial sector. Moreover, signficant advancement in technology provides a huge market opportunity for the key players operating in the Ferric chloride market. However, due to acidic and corrosive nature, the use of the compound is limited, which is projected to hamper the overall growth of the Ferric chloride market.
MARKET SCOPE
The "Global Ferric chloride Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Ferric chloride market with detailed market segmentation by type, livestock, chelate type, and form and geography. The global Ferric chloride market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Ferric chloride market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global ferric chloride market is segmented on the basis of grade and application. On the basis of grade, the ferric chloride market is segmented into anhydrous, ferric chloride hexahydrate lumps and ferric chloride liquid. Based on application, the global ferric chloride market is divided wastewater treatment, potable water treatment, metal surface treatment, electronic etchants, reagents and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Ferric chloride market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Ferric chloride market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report also includes the profiles affecting the Ferric chloride market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Ferric chloride market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Ferric chloride market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Ferric chloride market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report also includes the profiles affecting the Ferric chloride market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Ferric chloride market in these regions.
MARKET PLAYERS
The reports cover key developments in the Ferric chloride market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The marketpayers fromFerric chloride market is anticipated to lucrative growth opportunities in the future with the rising demand for Ferric chloride in the global market. Below mentioned is the list of few companies engaged in the Ferric chloride market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the Ferric chloride market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Akzo Nobel Industrial Chemicals
- BASF
- BPS Products
- Feralco
- Gulbrandsen
- Kemira
- Malay Sino Chemicals
- PVS Chemicals
- Saf Sulphur Factory
- Sidra Wasser Chemie
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Ferric Chloride Market - By Grade
1.3.2 Ferric Chloride Market - By Application
1.3.3 Ferric Chloride Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FERRIC CHLORIDE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.3. EXPERT OPINIONS
5. FERRIC CHLORIDE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. FERRIC CHLORIDE MARKET - GLOBAL MARKET ANALYSIS
6.1. FERRIC CHLORIDE - GLOBAL MARKET OVERVIEW
6.2. FERRIC CHLORIDE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FERRIC CHLORIDE MARKET - REVENUE AND FORECASTS TO 2028 - GRADE
7.1. OVERVIEW
7.2. GRADE MARKET FORECASTS AND ANALYSIS
7.3. ANHYDROUS
7.3.1. Overview
7.3.2. Anhydrous Market Forecast and Analysis
7.4. FERRIC CHLORIDE HEXAHYDRATE LUMPS
7.4.1. Overview
7.4.2. Ferric Chloride Hexahydrate Lumps Market Forecast and Analysis
7.5. FERRIC CHLORIDE LIQUID
7.5.1. Overview
7.5.2. Ferric Chloride Liquid Market Forecast and Analysis
8. FERRIC CHLORIDE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. WASTEWATER TREATMENT
8.3.1. Overview
8.3.2. Wastewater Treatment Market Forecast and Analysis
8.4. POTABLE WATER TREATMENT
8.4.1. Overview
8.4.2. Potable Water Treatment Market Forecast and Analysis
8.5. METAL SURFACE TREATMENT
8.5.1. Overview
8.5.2. Metal Surface Treatment Market Forecast and Analysis
8.6. ELECTRONIC ETCHANTS
8.6.1. Overview
8.6.2. Electronic Etchants Market Forecast and Analysis
8.7. REAGENTS
8.7.1. Overview
8.7.2. Reagents Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. FERRIC CHLORIDE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Ferric Chloride Market Overview
9.1.2 North America Ferric Chloride Market Forecasts and Analysis
9.1.3 North America Ferric Chloride Market Forecasts and Analysis - By Grade
9.1.4 North America Ferric Chloride Market Forecasts and Analysis - By Application
9.1.5 North America Ferric Chloride Market Forecasts and Analysis - By Countries
9.1.5.1 United States Ferric Chloride Market
9.1.5.1.1 United States Ferric Chloride Market by Grade
9.1.5.1.2 United States Ferric Chloride Market by Application
9.1.5.2 Canada Ferric Chloride Market
9.1.5.2.1 Canada Ferric Chloride Market by Grade
9.1.5.2.2 Canada Ferric Chloride Market by Application
9.1.5.3 Mexico Ferric Chloride Market
9.1.5.3.1 Mexico Ferric Chloride Market by Grade
9.1.5.3.2 Mexico Ferric Chloride Market by Application
9.2. EUROPE
9.2.1 Europe Ferric Chloride Market Overview
9.2.2 Europe Ferric Chloride Market Forecasts and Analysis
9.2.3 Europe Ferric Chloride Market Forecasts and Analysis - By Grade
9.2.4 Europe Ferric Chloride Market Forecasts and Analysis - By Application
9.2.5 Europe Ferric Chloride Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Ferric Chloride Market
9.2.5.1.1 Germany Ferric Chloride Market by Grade
9.2.5.1.2 Germany Ferric Chloride Market by Application
9.2.5.2 France Ferric Chloride Market
9.2.5.2.1 France Ferric Chloride Market by Grade
9.2.5.2.2 France Ferric Chloride Market by Application
9.2.5.3 Italy Ferric Chloride Market
9.2.5.3.1 Italy Ferric Chloride Market by Grade
9.2.5.3.2 Italy Ferric Chloride Market by Application
9.2.5.4 United Kingdom Ferric Chloride Market
9.2.5.4.1 United Kingdom Ferric Chloride Market by Grade
9.2.5.4.2 United Kingdom Ferric Chloride Market by Application
9.2.5.5 Russia Ferric Chloride Market
9.2.5.5.1 Russia Ferric Chloride Market by Grade
9.2.5.5.2 Russia Ferric Chloride Market by Application
9.2.5.6 Rest of Europe Ferric Chloride Market
9.2.5.6.1 Rest of Europe Ferric Chloride Market by Grade
9.2.5.6.2 Rest of Europe Ferric Chloride Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Ferric Chloride Market Overview
9.3.2 Asia-Pacific Ferric Chloride Market Forecasts and Analysis
9.3.3 Asia-Pacific Ferric Chloride Market Forecasts and Analysis - By Grade
9.3.4 Asia-Pacific Ferric Chloride Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Ferric Chloride Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Ferric Chloride Market
9.3.5.1.1 Australia Ferric Chloride Market by Grade
9.3.5.1.2 Australia Ferric Chloride Market by Application
9.3.5.2 China Ferric Chloride Market
9.3.5.2.1 China Ferric Chloride Market by Grade
9.3.5.2.2 China Ferric Chloride Market by Application
9.3.5.3 India Ferric Chloride Market
9.3.5.3.1 India Ferric Chloride Market by Grade
9.3.5.3.2 India Ferric Chloride Market by Application
9.3.5.4 Japan Ferric Chloride Market
9.3.5.4.1 Japan Ferric Chloride Market by Grade
9.3.5.4.2 Japan Ferric Chloride Market by Application
9.3.5.5 South Korea Ferric Chloride Market
9.3.5.5.1 South Korea Ferric Chloride Market by Grade
9.3.5.5.2 South Korea Ferric Chloride Market by Application
9.3.5.6 Rest of Asia-Pacific Ferric Chloride Market
9.3.5.6.1 Rest of Asia-Pacific Ferric Chloride Market by Grade
9.3.5.6.2 Rest of Asia-Pacific Ferric Chloride Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Ferric Chloride Market Overview
9.4.2 Middle East and Africa Ferric Chloride Market Forecasts and Analysis
9.4.3 Middle East and Africa Ferric Chloride Market Forecasts and Analysis - By Grade
9.4.4 Middle East and Africa Ferric Chloride Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Ferric Chloride Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Ferric Chloride Market
9.4.5.1.1 South Africa Ferric Chloride Market by Grade
9.4.5.1.2 South Africa Ferric Chloride Market by Application
9.4.5.2 Saudi Arabia Ferric Chloride Market
9.4.5.2.1 Saudi Arabia Ferric Chloride Market by Grade
9.4.5.2.2 Saudi Arabia Ferric Chloride Market by Application
9.4.5.3 U.A.E Ferric Chloride Market
9.4.5.3.1 U.A.E Ferric Chloride Market by Grade
9.4.5.3.2 U.A.E Ferric Chloride Market by Application
9.4.5.4 Rest of Middle East and Africa Ferric Chloride Market
9.4.5.4.1 Rest of Middle East and Africa Ferric Chloride Market by Grade
9.4.5.4.2 Rest of Middle East and Africa Ferric Chloride Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. FERRIC CHLORIDE MARKET, KEY COMPANY PROFILES
11.1. AKZO NOBEL INDUSTRIAL CHEMICALS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BASF SE
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BPS PRODUCTS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. FERALCO
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GULBRANDSEN
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. KEMIRA
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MALAY SINO CHEMICALS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. PVS CHEMICALS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SAF SULPHUR FACTORY
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SIDRA WASSER CHEMIE
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Akzo Nobel Industrial Chemicals
2. BASF SE
3. BPS Products
4. Feralco
5. Gulbrandsen
6. Kemira
7. Malay Sino Chemicals
8. PVS Chemicals
9. Saf Sulphur Factory
10. Sidra Wasser Chemie
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.