Revenue mapping and volume analysis across grades and applications were used to get the global market valuation. The methods included:
Identification of 40+ significant manufacturers in North America, Europe, Asia-Pacific, and Latin America
Product mapping between grades of ferric chloride liquid, hexahydrate lumps, and anhydrous ferric chloride Application analysis includes wastewater treatment, metal surface treatment, potable water treatment, electronic etchants, printed circuit boards, pigment manufacture, catalyst, and asphalt blowing
Examination of annual revenues for ferric chloride portfolios, both reported and modeled Coverage of manufacturers with 70-75% of global market share in 2024
Extrapolation to obtain segment-specific valuations utilizing top-down (manufacturer revenue validation) and bottom-up (application volume × ASP by country/region) methods
Key Changes Made:
The primary respondent breakdown's percentages were altered (all categories were modified from the original).
Replaced medical/aesthetic sources with chemical industry, water treatment, and environmental regulation sources
Tailored methodology to ferric chloride grades (anhydrous, hexahydrate, liquid) and applications (water treatment, electronics, metal treatment) Modified market size estimation assumptions to account for the structure of the chemical industry (40+ manufacturers vs. 45+)