The global Iron Chloride market was valued at 38.42 Million USD in 2021 and will grow with a CAGR of 3.97% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Iron chloride products include ferric chloride and ferrous chloride. The major commercial form is the solution with 40 % FeCl3, starting from this solution is also possible to produce a solid crystallized ferric chloride, whereas the market for anhydrous iron (III) chloride is very limited. Iron (II) chloride, also known as ferrous chloride, is the chemical compound of formula FeCl2. Iron chloride products find their way in several applications such as in waste water treatment, drinking water production, cosmetics and even in pharmaceutical products such as medicines. This report mainly covers all iron chloride product types with various forms. In consumption market, the growth rate of global consumption is smooth relatively. Europe and North America are still the mainly consumption regions due to the advanced production technology and rapid development of economy. Europe consumption captures about 39.60% global iron chloride. Growth in consumption in Western Europe is driven by stricter EU legislation for clean water standards in both the municipal and industrial sectors. Demand for ferric chloride has been buoyant in countries like the United Kingdom, France and Belgium and in Mediterranean countries because they are linked to EU norms for phosphorus removal. Iron chloride can be classified as two main types, such as ferric chloride and ferrous chloride. It can be widely used in many industries. Survey results showed that in 2015, 71.90% of the Iron Chloride market is water and sewage treatment industry and 14.38% is metal surface treatment industry. With the development of economy, these industries will need more iron chloride. So, iron chloride has a huge market potential in the future. We tend to believe this industry is a promising industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.

By Market Verdors:

Kemira

Tessenderlo

PVS Chemicals

Feralco Group

Chemifloc

SIDRA Wasserchemie

Gulbrandsen

AkzoNobel Industrial Chemicals

BorsodChem

Philbro-Tech

Malay Sino Chemical Industries

Saf Sulphur

Sukha Chemical Industries

BASF

Basic Chemical Industries

Haixin Chemical

Daan Fine Chemical

Longxiang Chemical

CNSG Anhui Hong Sifang

Si Ruier Environmental echemical

Kunbao Chemical

Zhongzheng Chemical

By Types:

Ferric Chloride

Ferrous Chloride

By Applications:

Water and Sewage Treatment Industry

Metal Surface Treatment Industry

PCB Industry

Pigment Industry

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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