Global Ferric Chloride Market was sized US$ XX Bn in 2018 and is anticipated to reach US$ XX Bn by 2026 at a CAGR of about XX % during a forecast period.
Global Ferric Chloride Market by Region
Ferric chloride is used to treat 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, hazardous substances, and oxides of metals. Water treatment plants use ferric chloride extensively to treat water and meet the required standards. The treatment process consists of both chemical and physical methods. The demand for ferric chloride is driven by the demand from wastewater treatment plants for its use as the coagulant due to its high efficiency and effectiveness in clarification, and utility as a sludge dewatering agent.
Global Ferric Chloride market is segmented by product, by application and by region. In terms of product, Ferric Chloride market is segmented into Analysis grade and Industrial grade. Wastewater treatment, Metal surface treatment, Potable water treatment, Metal etching and others are application segment of Ferric Chloride market. Geographically into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
By application, water treatment segment will continue to be the largest end-user of ferric chloride. Ferric chloride is used to remove phosphorus from the wastewater. It is used in treating both waste and drinking water, though the application technology used for both is different Apart from high demand of ferric chloride in wastewater treatment plant,