The South Korea ferric chloride market is expected to grow at a CAGR of 4.50% between 2026 and 2035. The high demand for water treatment and the use of ferric chloride in numerous other end-user industries is proliferating the market growth in South Korea.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
4.5%
2026-2035
*this image is indicative*
Having the chemical formula FeCl3, ferric chloride is an inorganic substance with a wide range of applications in industry, medicine, and laboratory work. Iron has a +3 oxidation state in ferric chloride, a common combination of iron and chlorine. In addition to ferric chloride, it is also known by a number of other names, including molysite and flores martis. It comes in a variety of hues, such as black, green, or purple in its anhydrous form and solid yellow in its hydrous form.
Water purification and wastewater treatment are the two main areas where ferric chloride is widely used. Ferric chloride is also one of the few odour-sequestering water treatment compounds, which makes it more demanding. More than three-fourths of the world's need for water treatment is met by usage in industrial water applications, pretreatment of saltwater before desalination, and other uses. The growing demand for clean water is driving the ferric chloride market in South Korea. Another application of ferric chloride is in the pharmaceutical industry, as it is widely used in the production of several medications and iron supplements.
A broad variety of electronic gadgets employ printed circuit boards (PCBs), which are made with ferric chloride. Higher-grade ferric chloride is employed in smaller quantities as an etchant and a catalyst in the manufacture of microelectronics (printed circuit boards [PCBs]). In South Korea, the expansion of the electronics sector is driving up demand steadily. Moreover, steel is utilised in a variety of applications and is pickled and etched using ferric chloride. The rising demand for steel across several sectors further propels the growth of the ferric chloride market in South Korea.
Infrastructure development in South Korea is growing steadily, and ferric chloride is used in the production of asphalt and concrete, among other construction materials, which boosts its demand in the construction sector as well.
The EMR’s report titled “South Korea Ferric Chloride Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Application
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Water and wastewater treatment accounts for the largest market share followed by printed circuit boards which are widely used in electronic gadgets. Due to rapid urbanisation, the demand for construction materials is booming in the country. Other segments, such as pharmaceuticals and pigments and dyes, among others, are also providing significant impetus to the market’s growth.
During the COVID-19 pandemic, the South Korea ferric chloride market experienced some disruptions in the delivery and supply chain of raw materials. However, the market is reviving and again picking up the pace due to the increasing demand from various industries.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the South Korea ferric chloride market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
The company Samchun Pure Chemical Co., Ltd. is based in South Korea. Its headquarters are in Pyeongtaek. The business is involved in the manufacturing of chemicals. The company was established in the year 1987.
The BASF Group has subsidiaries and joint ventures in more than 80 nations, and it runs 390 additional manufacturing sites throughout Europe, Asia, Australia, the Americas, and Africa in addition to six integrated production facilities. BASF SE is a European multinational chemical business and the world's largest chemical manufacturer. Germany's Ludwigshafen serves as the location of its corporate headquarters.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in South Korea Ferric Chloride Market are Arkema S.A., VWR International, LLC. among others.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 4.50% between 2026 and 2035.
Rapid urbanisation and the demand for ferric chloride in construction materials, steel, electronic gadgets, and other sectors are the major industry drivers.
The use of ferric chloride in water purification and wastewater treatment, medicines and the surge of infrastructural developments are the key industry trends.
The major players in the industry are BASF SE, Samchun Chemical Co., Ltd, Arkema S.A. and VWR International, LLC., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Application |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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