Los Angeles, CA -- (SBWIRE) -- 06/19/2019 -- 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.
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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.
The global Iron Chloride market was 380 million US$ in 2018 and is expected to 520 million US$ by the end of 2025, growing at a CAGR of 3.8% between 2019 and 2025.
This report studies the Iron Chloride market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Kemira
Tessenderlo
PVS Chemicals
Feralco Group
Chemifloc
SIDRA Wasserchemie
Gulbrandsen
AkzoNobel Industrial Chemicals
BorsodChem
Philbro-Tech
By the product type, the market is primarily split into
Ferric Chloride
Ferrous Chloride
By the end users/application, this report covers the following segments
Water and Sewage Treatment Industry
Metal Surface Treatment Industry
PCB Industry
Pigment Industry
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