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Global Ferric Hydroxide Market: By Product Form: Granular, Powder, Others; By Application; Paints and Coatings, Construction, Plastic, Water Treatment, Pharmaceuticals, Cosmetics, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Ferric Hydroxide Market Outlook
The global ferric hydroxide market is expected to grow at a CAGR of 6% in the forecast period of 2021-2026 to reach a value of approximately USD 820 million by 2026.
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Growing Focus on Water Treatment to Drive the Demand for Ferric Hydroxide
The use of granular ferric hydroxides is an excellent technique to carry out a simple filtration process for arsenate. This technique does not involve the use of chemicals and the need for pH adjustment, and thus, serves as a chemical-free alternative for removing high concentrations of arsenic from groundwater. The growing focus to provide people with potable drinking water, free from unwanted substances, is aiding the growth of the segment. Currently, several plants utilise this technique for arsenic removal from drinking water in countries like Germany, the USA, and Japan, among others. Over the forecast period, the growing demand to treat wastewater is expected to further drive the demand for ferric hydroxide.
The Asia Pacific to Provide Ample Growth Opportunities, Backed by the Thriving Construction Sector
Region-wise, the product is expected to witness enhanced demand from the Asia Pacific region owing to the growing construction activities in emerging nations like India and China. The favourable government policies and growing investments are boosting the infrastructure development projects, thus, creating growth opportunities for the industry to flourish in the coming years. Moreover, the surge in pharmaceutical services with the outbreak of the pandemic will also aid the industry growth.
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Ferric Hydroxide: Industry Definition and Segmentation
Ferric hydroxide is prepared by the reaction of iron (III) salt, like ferric nitrate or ferric chloride, with sodium hydroxide. It appears as dark orange, opaque crystals with no odour. Owing to its properties, ferric hydroxide can also be used in water treatment.
Based on product form, the market is divided into:
- Granular
- Powder
- Others
Based on application, the industry can be segmented into:
- Paints and Coatings
- Construction
- Plastic
- Water Treatment
- Pharmaceuticals
- Cosmetics
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Increasing Environmental Concern to Aid the Ferric Hydroxide Industry Growth
The growing scarcity of water and the fast depletion of natural resources are leading to an increased demand for wastewater treatment services. The rising consciousness regarding the environment and the need to adopt sustainable policies are significantly contributing to the industry growth. The implementation of stringent wastewater treatment policies to curb water pollution by the governments across the nations are promoting the sustainable water treatment practices in industries like chemical, pharmaceutical, oil and gas, and others. This will boost the growth of the global market for ferric hydroxide in the forecast period.
The other factors contributing to the industry growth include the thriving paints and coatings sector, rapid urbanisation, and increasing construction activities, growing pharmaceuticals industry, escalating disposable incomes, and growing utilisation of application-specific yellow iron oxide as colour additive for cosmetic applications.
Key Industry Players in the Global Ferric Hydroxide Market
The report gives a detailed analysis of the following key players in the global ferric hydroxide market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Xiamen Hisunny Chemical Co., LTD
- Ferro Corporation
- Cathay Industries
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Ferric Hydroxide Market Analysis
8.1 Key Industry Highlights
8.2 Global Ferric Hydroxide Historical Market (2016-2020)
8.3 Global Ferric Hydroxide Market Forecast (2021-2026)
8.4 Global Ferric Hydroxide Market by Product Form
8.4.1 Granular
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Powder
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Others
8.5 Global Ferric Hydroxide Market by Application
8.5.1 Paints and Coatings
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Construction
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Plastic
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Water Treatment
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2016-2020)
8.5.4.3 Forecast Trend (2021-2026)
8.5.5 Pharmaceuticals
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2016-2020)
8.5.5.3 Forecast Trend (2021-2026)
8.5.6 Cosmetics
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2016-2020)
8.5.6.3 Forecast Trend (2021-2026)
8.5.7 Others
8.6 Global Ferric Hydroxide Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.2 Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.3 Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.4 Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
12.5 Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13 Manufacturing Process
13.1 Overview
13.2 Detailed Process Flow
13.3 Operations Involved
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Xiamen Hisunny Chemical Co., LTD
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Ferro Corporation
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Cathay Industries
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Others
15 Industry Events and Developments
Additional Customisations Available
1 Project Requirements and Cost Analysis
1.1 Land, Location, and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Cost of Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investments
List of Figures and Tables
1. Global Ferric Hydroxide Market: Key Industry Highlights, 2016 and 2026
2. Global Ferric Hydroxide Historical Market: Breakup by Form (USD Million), 2016-2020
3. Global Ferric Hydroxide Market Forecast: Breakup by Form (USD Million), 2021-2026
4. Global Ferric Hydroxide Historical Market: Breakup by Application (USD Million), 2016-2020
5. Global Ferric Hydroxide Market Forecast: Breakup by Application (USD Million), 2021-2026
6. Global Ferric Hydroxide Historical Market: Breakup by Region (USD Million), 2016-2020
7. Global Ferric Hydroxide Market Forecast: Breakup by Region (USD Million), 2021-2026
8. North America Ferric Hydroxide Historical Market: Breakup by Country (USD Million), 2016-2020
9. North America Ferric Hydroxide Market Forecast: Breakup by Country (USD Million), 2021-2026
10. Europe Ferric Hydroxide Historical Market: Breakup by Country (USD Million), 2016-2020
11. Europe Ferric Hydroxide Market Forecast: Breakup by Country (USD Million), 2021-2026
12. Asia Pacific Ferric Hydroxide Historical Market: Breakup by Country (USD Million), 2016-2020
13. Asia Pacific Ferric Hydroxide Market Forecast: Breakup by Country (USD Million), 2021-2026
14. Latin America Ferric Hydroxide Historical Market: Breakup by Country (USD Million), 2016-2020
15. Latin America Ferric Hydroxide Market Forecast: Breakup by Country (USD Million), 2021-2026
16. Middle East and Africa Ferric Hydroxide Historical Market: Breakup by Country (USD Million), 2016-2020
17. Middle East and Africa Ferric Hydroxide Market Forecast: Breakup by Country (USD Million), 2021-2026
18. North America Historical Price Trends and Forecast 2016-2026
19. Europe Historical Price Trends and Forecast 2016-2026
20. Asia Pacific Historical Price Trends and Forecast 2016-2026
21. Latin America Historical Price Trends and Forecast 2016-2026
22. Middle East and Africa Historical Price Trends and Forecast 2016-2026
23. Global Ferric Hydroxide Market Structure
Key Questions Answered in the Report
The global ferric hydroxide market is projected to grow at a CAGR of 6% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach about USD 820 million by 2026.
The major drivers of the industry, such as rising disposable incomes, increasing population, rising need for potable drinking water and wastewater treatment, growing environmental consciousness, rising paints and coatings industry, rising demand from the pharmaceuticals industry, and increasing construction activities, are expected to aid the market growth.
The key trends guiding the growth of the market include growing need to adopt sustainable policies and favourable government regulations pertaining to wastewater treatment.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading product forms in the market are granular and powder, among others.
The major application segments in the industry are paints and coatings, construction, plastic, water treatment, pharmaceuticals, and cosmetics, among others.
The major players in the industry are Xiamen Hisunny Chemical Co., LTD, Ferro Corporation, and Cathay Industries, among others.
Analyst Review
The global ferric hydroxide market is being driven by rising demand for wastewater treatment. Aided by the favourable governmental policies, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 6%. The market is projected to reach USD 820 million by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By product form, the market is segmented into granular and powder, among others. On the basis of application, the industry is divided into paints and coatings, construction, plastic, water treatment, pharmaceuticals, and cosmetics, among others. The major regional markets for ferric hydroxide are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Xiamen Hisunny Chemical Co., LTD, Ferro Corporation, and Cathay Industries, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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