Press Release
Press Release
As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
According to a new report by EMR titled, ‘Global Ferric Chloride Market Report and Forecast 2021-2026’, the global market for ferric chloride is expected to grow at a CAGR of 4% in the forecast period of 2021-2026.
The Asia Pacific held a significant share of the ferric chloride industry in the historical period. China, India, Japan, and South Korea are the significant markets in the region, with China accounting for the largest share of the market owing to the utilisation of the product in the etching of printed circuit boards. Europe is also a major market for ferric chloride owing to the government regulations on water treatment in various European countries.
The utilisation of ferric chloride in municipal water treatment has increased due to the implementation of various amendments to the Safe Drinking Water Act. In September 2017, Kemira Oyj (NASDAQ: KOYJF), a key player, signed an agreement to form a joint venture with Shandong Tiancheng Wanfeng Chemical Technology to strengthen its position in the water treatment industry. Such agreements are expected to enhance the market growth of ferric chloride as this would result in increased competition and improved products. The adoption of ferric chloride in the surface treatment of metals like copper and zinc is also fuelling the market. Further, rising innovations are further expected to invigorate the market growth in the forecast period.
Market Analysis by Application and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global ferric chloride market are Kemira Oyj, BASF SE, Nouryon Chemicals Holding B.V., Seqens Group, Chemifloc Limited, Feralco AB, and Tessenderlo Group, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
About Us:
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Contact Us:
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
RIGHT PEOPLE
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
RIGHT METHODOLOGY
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
RIGHT PRICE
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
RIGHT SUPPORT
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.