Ferric hydroxide is an inorganic compound used in various industrial processes. Ferric hydroxide has a number of applications, chief among them being the removal of sulfur from natural gas and oil. Ferric hydroxide is also used as a flocculant to remove impurities from water. Ferric hydroxide is produced by the reaction of ferrous sulfate with aluminum sulfate. The resulting precipitate is then filtered and dried.
Predominant consumption by the construction and paints & coatings industries will drive revenues in the global ferric hydroxide market. As suggested by a recently published Persistence Market Research (PMR) study, ferric hydroxide would be representing a US$ 1 Bn global market towards the end of 2031. The growth of market has been projected at a promising 5% CAGR over 2022 – 2031. Yellow iron oxide will predominantly witness higher demand from the construction industry, as it is widely used in the manufacturing of concrete materials.
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Key Players:
The report has profiled some of the important players prevalent in the global like – BASF SE, LANXESS, Ferro Corporation, Huntsman Corporation, Cathay Industries, Yipin Pigments, Applied Minerals, INC and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Ferric Hydroxide Market.
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Notable Insights – Ferric Hydroxide Market Study
- Global manufacturers of ferric hydroxide/ferric hydroxide-based products are focusing on increasing their B2B distribution channels, owing to increasing demand from manufacturers of materials such as concrete products, pigments, coatings, etc.
- On the other hand, local/regional players are focusing on customer-centric approach by maximizing their services and product offerings. Moreover, market players are attracting customers by offering application-specific products. For example, many players in China are offering specific-grade, high-purity yellow iron oxide for manufacturing cosmetic products.
- About two-thirds of manufacturers in the global ferric hydroxide market are offering solid form of the product, as it can be used directly in various applications. Some players are offering slurry form of ferric hydroxide-based products with addition of specific additives to enhance chemical properties. Other players are focusing on providing ferric hydroxide granules to the water treatment industry.
- Cost-effectiveness of inorganic oxides has a positive impact on the ferric hydroxide market. As yellow iron oxide/iron (III) oxide hydroxide is an inorganic oxide, it is priced less, as compared to organic oxides.
Key players operating in the ferric hydroxide industry have a strong focus on manufacturing yellow iron oxides amongst all ferric hydroxide-based products. Stringent regulations have been implemented for manufacturing yellow iron oxide; hence, players are continuously focusing on using advanced technologies to minimize adverse environmental impact.
Superior Characteristics of Granulating Iron Oxide
A wide range of applications of ferric hydroxide-based products/materials such as yellow iron oxides and synthetic granules of ferric hydroxide, are shaping market growth positively. Many manufacturers are developing and offering granulating iron oxide as it has significant benefits over the powder form. Players are focusing more on a product development strategy to sustain their positions in the highly competitive market.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Ferric Hydroxide Market Manufacturers
Ferric Hydroxide Market Distributors/Traders/Wholesalers
Ferric Hydroxide Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in the Ferric Hydroxide Market Report
How is the Ferric Hydroxide Market expected to grow over the projected period?
What direction is the Ferric Hydroxide Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Ferric Hydroxide Market in future?
What are the key market drivers in the Ferric Hydroxide Market?
What are significant opportunities and improvement areas for Ferric Hydroxide Market manufacturers?
What are the key developments and trends taking over the Ferric Hydroxide Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Ferric Hydroxide Market?
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