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US Ferric Chloride Market

ID: MRFR/CnM/18793-HCR
111 Pages
Chitranshi Jaiswal
October 2025

US Ferric Chloride Market Research Report By Ferric Chloride Grade (Anhydrous, Ferric Chloride Hexahydrate Lumps, Ferric Chloride Liquid), By Application (Wastewater Treatment, Metal Surface Treatment, Potable Water Treatment, Electronic Etchants, Printed Circuit Boards, Pigment Manufacturing, Catalyst, Asphalt Blowing, Others) and By End-Use (Pharmaceuticals, Chemicals, Electronics, Metals & Metallurgy, Municipal Wastewater Treatment, Municipal Potable Water Treatment, Others) - Forecast to 2035

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US Ferric Chloride Market Summary

As per analysis, the US ferric chloride market is projected to grow from USD 1.19 Billion in 2025 to USD 1.81 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 4.31% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The US ferric chloride market is experiencing a robust growth trajectory driven by sustainability and technological advancements.

  • The water treatment segment remains the largest contributor to the US ferric chloride market, reflecting its critical role in municipal applications.
  • Chemical manufacturing is identified as the fastest-growing segment, indicating a diversification of ferric chloride applications.
  • Sustainability initiatives and regulatory support are increasingly shaping market dynamics, as industries seek environmentally friendly solutions.
  • The rising demand in water treatment and industrial applications serves as a major driver for market expansion, highlighting the importance of compliance and innovation.

Market Size & Forecast

2024 Market Size 1.14 (USD Billion)
2035 Market Size 1.81 (USD Billion)
CAGR (2025 - 2035) 4.31%

Major Players

Chemtrade Logistics Inc (CA), GEO Specialty Chemicals Inc (US), PVS Chemicals Inc (US), BASF Corporation (US), Hawkins Inc (US), American Elements (US), Ferro Corporation (US), KMG Chemicals Inc (US)

US Ferric Chloride Market Trends

The US ferric chloride market is currently experiencing a notable evolution, driven by various factors including environmental regulations and industrial demand. Ferric chloride, primarily utilized in water treatment processes, plays a crucial role in ensuring safe drinking water and effective wastewater management. The increasing emphasis on sustainable practices and the need for efficient water purification methods appear to be propelling the market forward. Furthermore, the growing awareness of the importance of clean water resources is likely to enhance the demand for ferric chloride in municipal and industrial applications. In addition to water treatment, the US ferric chloride market is witnessing a rise in applications within the electronics and chemical industries. The compound serves as an etching agent in the production of printed circuit boards and is also utilized in various chemical processes. This diversification of applications suggests a potential for growth in sectors beyond traditional water treatment. As industries continue to adapt to changing regulations and consumer preferences, the US ferric chloride market may see further expansion, driven by innovation and the pursuit of more efficient solutions.

Sustainability Initiatives

The US ferric chloride market is increasingly influenced by sustainability initiatives aimed at reducing environmental impact. Regulatory frameworks are pushing industries to adopt greener practices, which in turn drives the demand for ferric chloride in water treatment applications. This trend reflects a broader commitment to environmental stewardship and resource conservation.

Technological Advancements

Technological advancements in water treatment processes are reshaping the US ferric chloride market. Innovations in application methods and formulations are enhancing the efficiency of ferric chloride, making it a more attractive option for municipalities and industries. These developments suggest a shift towards more effective and economical solutions in water purification.

Diversification of Applications

The diversification of applications for ferric chloride is becoming increasingly evident in the US market. Beyond its traditional use in water treatment, the compound is finding new roles in sectors such as electronics and chemical manufacturing. This expansion indicates a growing recognition of ferric chloride's versatility and potential in various industrial processes.

Market Segment Insights

By Application: Water Treatment (Largest) vs. Chemical Manufacturing (Fastest-Growing)

In the US ferric chloride market, the application segment is significantly led by water treatment, accounting for a considerable market share. This is primarily due to the increasing demand for efficient and effective water purification processes in both municipal and industrial sectors. The stable growth of water treatment facilities and stricter regulations regarding water quality further bolster the dominance of this segment, making it crucial in overall ferric chloride consumption. On the other hand, the chemical manufacturing application has emerged as the fastest-growing segment within the market. This growth is driven by the rising utilization of ferric chloride in various chemical processes, including its role as a coagulant and flocculant in industrial applications. The expanding chemical industry, coupled with innovation and development in related manufacturing processes, is significantly contributing to the increasing demand for ferric chloride in this sector.

Water Treatment (Dominant) vs. Electronics (Emerging)

Water treatment remains the dominant application for ferric chloride due to its critical role in water purification and wastewater treatment processes. This segment is characterized by robust procurement policies and significant investments in upgrading treatment facilities. In contrast, the electronics sector is emerging as a notable application area for ferric chloride, primarily used in etching and cleaning semiconductor materials. Although currently smaller in market share, the electronics segment is witnessing rapid growth driven by advancements in technology and electronics manufacturing. The push for high-purity chemicals in electronics applications is fostering opportunities for ferric chloride, setting the stage for a competitive landscape as both sectors navigate evolving demand dynamics.

By End Use Industry: Municipal (Largest) vs. Industrial (Fastest-Growing)

In the US ferric chloride market, the municipal sector dominates the end-use industry segment, with a significant share due to its extensive application in wastewater treatment processes. This substantial demand is fueled by regulatory requirements and increasing urbanization, which drives the need for efficient water purification solutions. Meanwhile, the industrial segment is emerging rapidly, driven by its versatile applications across various industries such as metal finishing and electronics. The ongoing industrial expansion, coupled with the rising focus on environmental sustainability, is propelling the adoption of ferric chloride in these sectors.

Municipal (Dominant) vs. Industrial (Emerging)

The municipal sector stands out as the dominant player in the US ferric chloride market, primarily attributed to its essential role in water treatment facilities where it effectively removes phosphates and suspended particles. This sector benefits from well-established infrastructure and consistent regulatory support. In contrast, the industrial segment, while currently the emerging category, is witnessing rapid growth due to diversification in applications. Industries such as manufacturing and electronics are increasingly utilizing ferric chloride for etching and surface treatment, thus enhancing their operational efficiency. This trend reflects a growing acknowledgment of the chemical's benefits, spearheading its adoption across new industrial processes.

By Form: Liquid (Largest) vs. Powder (Fastest-Growing)

In the US ferric chloride market, the form segment exhibits a diversified composition among liquid, solid, and powder variants. Liquid ferric chloride holds a significant share of the market, primarily due to its widespread usage in wastewater treatment and industrial applications. Solid ferric chloride, while present, accounts for a smaller proportion of the market, largely serving niche applications such as certain chemical manufacturing processes. On the other hand, powder ferric chloride is gaining traction as a preferred option for specific formulations and uses.

Liquid (Dominant) vs. Powder (Emerging)

Liquid ferric chloride is characterized by its high solubility and ease of use, making it the preferred choice among many industries, particularly in water treatment facilities. Its dominance is attributed to its effective coagulation properties in purifying water, which aligns with increasing environmental regulations and the demand for cleaner water sources. In contrast, powder ferric chloride has emerged as a versatile alternative, especially in applications where quick dissolution is less critical. The growing focus on efficient chemical usage and sustainability is driving interest in powdered forms, as they often require less packaging and are easier to transport in bulk, thus appealing to manufacturers seeking cost-effective solutions.

By Purity Level: Standard Grade (Largest) vs. High Purity Grade (Fastest-Growing)

In the US ferric chloride market, the purity level segment is characterized by a diverse distribution of market shares among different grades. Standard Grade ferric chloride holds the largest market share, attributed to its widespread application in various industrial processes. It is favored for its cost-effectiveness and sufficient quality for most users. Meanwhile, High Purity Grade is gaining traction as industries prioritize higher quality inputs for sensitive applications, reflecting a shift towards more specialized requirements.

Standard Grade (Dominant) vs. High Purity Grade (Emerging)

Standard Grade ferric chloride is known for its reliable performance in standard industrial applications, making it the dominant choice among users looking for efficiency without the need for higher purity levels. Its cost-effectiveness drives significant demand; however, its limitations in specialized applications can be a drawback. In contrast, High Purity Grade ferric chloride is rapidly emerging as a preferred option in fields that require stringent quality standards, such as electronics manufacturing and pharmaceuticals. This grade is often more costly to produce, but its superior quality opens new opportunities for market growth in high-end applications, catering to industries that cannot compromise on purity.

Get more detailed insights about US Ferric Chloride Market

Key Players and Competitive Insights

The competitive dynamics of the ferric chloride market in the US are characterized by a blend of innovation, strategic partnerships, and a focus on sustainability. Key players such as Chemtrade Logistics Inc (CA), BASF Corporation (US), and PVS Chemicals Inc (US) are actively shaping the landscape through various strategic initiatives. Chemtrade Logistics Inc (CA) has positioned itself as a leader by emphasizing operational efficiency and expanding its product portfolio to meet diverse customer needs. Meanwhile, BASF Corporation (US) focuses on sustainable practices, integrating eco-friendly processes into its production methods, which aligns with the growing demand for environmentally responsible chemicals. PVS Chemicals Inc (US) appears to be leveraging its extensive distribution network to enhance market penetration, thereby intensifying competition among these major players.

The market structure is moderately fragmented, with several companies vying for market share. Key business tactics include localizing manufacturing to reduce costs and optimize supply chains, which is crucial in maintaining competitive pricing. The collective influence of these players fosters a dynamic environment where innovation and operational excellence are paramount. As companies strive to differentiate themselves, the emphasis on supply chain reliability and customer-centric solutions becomes increasingly evident.

In November 2025, Chemtrade Logistics Inc (CA) announced a strategic partnership with a leading water treatment company to enhance its ferric chloride offerings. This collaboration is expected to bolster Chemtrade's market position by providing tailored solutions for municipal and industrial water treatment applications. The partnership not only expands Chemtrade's reach but also underscores its commitment to addressing the evolving needs of the water treatment sector.

In October 2025, BASF Corporation (US) unveiled a new line of eco-friendly ferric chloride products designed to minimize environmental impact. This initiative reflects BASF's strategic focus on sustainability and innovation, positioning the company as a frontrunner in the market. By investing in greener alternatives, BASF aims to attract environmentally conscious customers and comply with stringent regulatory standards, thereby enhancing its competitive edge.

In September 2025, PVS Chemicals Inc (US) expanded its production capacity by investing in advanced manufacturing technologies. This move is anticipated to increase efficiency and reduce production costs, allowing PVS to offer competitive pricing while maintaining product quality. The investment signifies PVS's commitment to scaling operations in response to growing demand, which may further solidify its market presence.

As of December 2025, the competitive landscape is increasingly influenced by trends such as digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming more prevalent, enabling companies to pool resources and expertise to drive innovation. The shift from price-based competition to a focus on technological advancements and supply chain reliability is evident. Moving forward, companies that prioritize innovation and sustainable practices are likely to gain a competitive advantage, shaping the future of the ferric chloride market.

Key Companies in the US Ferric Chloride Market market include

Industry Developments

The US Ferric Chloride Market has seen notable developments recently, particularly related to growth and corporate activities. Innergex Renewable Energy has made strides in expanding its capabilities, while Chemtrade Logistics has reported an increase in sales due to heightened demand for water treatment solutions.

BASF and AkzoNobel have been enhancing their production capacities, leading to a positive growth trajectory within the market. In terms of mergers and acquisitions, it was announced in June 2023 that Mitsubishi Chemical would acquire a division of Ferro Corporation to enhance its portfolio, reflecting consolidation trends within the sector.

Additionally, SABIC has recently expanded its operations, signaling robust market dynamics. The overall valuation of companies like Triveni Chemicals and GEO Specialty Chemicals continues to grow, driven by the increasing use of ferric chloride in various applications such as wastewater treatment and industrial processes.

The increasing regulatory focus on water quality standards has further propelled the demand for Ferric Chloride, impacting the market positively over the last couple of years, as seen in significant sales increases throughout 2022 and the first half of 2023.

Future Outlook

US Ferric Chloride Market Future Outlook

The US ferric chloride market is projected to grow at a 4.31% CAGR from 2024 to 2035, driven by increasing demand in water treatment and industrial applications.

New opportunities lie in:

  • Expansion into emerging markets with tailored ferric chloride solutions.
  • Development of eco-friendly ferric chloride alternatives for sustainable practices.
  • Investment in advanced manufacturing technologies to enhance production efficiency.

By 2035, the market is expected to solidify its position as a key player in industrial applications.

Market Segmentation

US Ferric Chloride Market Form Outlook

  • Liquid
  • Solid
  • Powder

US Ferric Chloride Market Application Outlook

  • Water Treatment
  • Chemical Manufacturing
  • Electronics
  • Metallurgy

US Ferric Chloride Market Purity Level Outlook

  • Standard Grade
  • High Purity Grade
  • Technical Grade

US Ferric Chloride Market End Use Industry Outlook

  • Municipal
  • Industrial
  • Pharmaceutical
  • Food and Beverage

Report Scope

MARKET SIZE 20241.14(USD Billion)
MARKET SIZE 20251.19(USD Billion)
MARKET SIZE 20351.81(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.31% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledChemtrade Logistics Inc (CA), GEO Specialty Chemicals Inc (US), PVS Chemicals Inc (US), BASF Corporation (US), Hawkins Inc (US), American Elements (US), Ferro Corporation (US), KMG Chemicals Inc (US)
Segments CoveredApplication, End Use Industry, Form, Purity Level
Key Market OpportunitiesIncreasing demand for water treatment solutions drives growth in the US ferric chloride market.
Key Market DynamicsRegulatory changes and environmental concerns drive demand for ferric chloride in water treatment applications across the US.
Countries CoveredUS

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FAQs

What is the projected market size of the US Ferric Chloride Market in 2024?

The US Ferric Chloride Market is expected to be valued at 1.14 billion USD in 2024.

What will be the estimated market value of the US Ferric Chloride Market by 2035?

By 2035, the US Ferric Chloride Market is projected to reach approximately 1.89 billion USD.

What is the expected compound annual growth rate (CAGR) for the US Ferric Chloride Market between 2025 and 2035?

The expected CAGR for the US Ferric Chloride Market from 2025 to 2035 is 4.703%.

Which segment of Ferric Chloride is anticipated to grow significantly from 2024 to 2035?

The Ferric Chloride Hexahydrate Lumps segment is expected to grow from 0.45 billion USD in 2024 to 0.75 billion USD by 2035.

What market share does the Anhydrous segment of Ferric Chloride hold in 2024?

In 2024, the Anhydrous segment of Ferric Chloride is valued at 0.3 billion USD.

Who are the major players in the US Ferric Chloride Market?

Key players in the US Ferric Chloride Market include Innergex Renewable Energy, Chemtrade Logistics, BASF, AkzoNobel, and Mitsubishi Chemical.

What is the market size of Ferric Chloride Liquid in 2024?

The Ferric Chloride Liquid segment is valued at 0.39 billion USD in 2024.

What trends are currently influencing the US Ferric Chloride Market?

Trends such as increasing demand for water treatment and industrial applications are influencing growth in the US Ferric Chloride Market.

Which region is expected to see the most growth in the Ferric Chloride Market?

While specific regional data is not provided, the overall US Ferric Chloride Market is expected to experience growth driven by industrial demand.

What challenges could impact the US Ferric Chloride Market from 2025 to 2035?

Challenges such as fluctuating raw material prices and regulatory constraints could impact market growth during this period.

What is the expected market size of the US Ferric Chloride Market in 2024?

The US Ferric Chloride Market is expected to be valued at 1.14 billion USD in 2024.

What is the projected market size of the US Ferric Chloride Market by 2035?

The market is projected to reach 1.9 billion USD by 2035.

What is the compound annual growth rate (CAGR) for the US Ferric Chloride Market from 2025 to 2035?

The expected CAGR for the US Ferric Chloride Market from 2025 to 2035 is 4.753%.

What will be the market value for Anhydrous Ferric Chloride in 2035?

The market value for Anhydrous Ferric Chloride is expected to be 0.5 billion USD in 2035.

How much is the Ferric Chloride Hexahydrate Lumps segment valued in 2024?

The Ferric Chloride Hexahydrate Lumps segment is valued at 0.4 billion USD in 2024.

Who are the key players in the US Ferric Chloride Market?

Major players include Agro Spheres, Hallelujah Chemical, and Mitsubishi Chemical among others.

What is the expected market value for Ferric Chloride Liquid in 2035?

The projected market value for Ferric Chloride Liquid is 0.75 billion USD in 2035.

What is driving the growth of the US Ferric Chloride Market?

The growth is driven by increasing applications in water treatment and electronics manufacturing.

What challenges does the US Ferric Chloride Market face?

Challenges include regulatory compliance and fluctuating raw material prices.

How does the market size of Ferric Chloride Hexahydrate Lumps compare to other segments in 2024?

In 2024, Ferric Chloride Hexahydrate Lumps will have a market size of 0.4 billion USD and is one of the significant segments.

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