Ferric chloride is used as a coagulant, mostly in the form of a liquid (40% solution), in the treatment of wastewater and sewage water (domestic and industrial). Ferric chloride is also used in PCB manufacturing. Industrially, ferric chloride is much more important than ferrous chloride. It is produced industrially by a reaction of dry chlorine with scrap iron (direct chlorination) at high temperatures. It is also a by-product of some metallurgical and chemical processes, such as the chlorinating decomposition of iron-bearing oxide ores. Its ready availability and cheap feedstock (iron and chlorine) have made iron (III) chloride, especially its aqueous solution, a widely used raw material in the water treatment industry and for the production of iron oxides or other iron compounds.
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Technavio's analysts forecast the global ferric chloride market to grow at a CAGR of 4.45% by volume over the period 2014-2019.
Covered in this report
The report covers the current scenario and growth prospects of the global ferric chloride market for 2015-2019. To calculate the market size, the report considers the sales of ferric chloride across various segments, including:
Water and wastewater treatment
Printed circuit boards
Others (pigment manufacturing, animal nutrition supplements, asphalt blowing, purification of aluminum and magnesium, and dehydrogenation of steel)
Technavio's report, Global Ferric Chloride Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, the Americas, Europe, and MEA; it also covers the landscape of the global ferric chloride market and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.