According to the report titled ‘MEA Ferric Chloride Market Size By Form (Powder, Liquid, Lumps) By Application, By End-Use (Waste Water Treatment, Pharmaceuticals, Chemical, Electronics, Metals & Metallurgy, Others) Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’ available with Market Study Report, Middle East & Africa ferric chloride market is anticipated grow momentously during 2020-2026.
 

Report findings suggest that MEA ferric chloride market is driven by numerous factors like extensive product usage as an etchant for metals, as a catalyst in chemical reactions, and as horse feed additive. Utilization in wastewater treatment, pharma end user industries, chemical, and high-volume usage in electronics are also considered to be the driving forces.
 

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For the unversed, ferric/iron chloride, FeCl3, is a chemical compound in solid state with color ranging from orange to brown black. It is partially soluble in water and is noncombustible.
 

With respect to form, MEA ferric chloride market is classified in liquid, powder, and lump, wherein the lattermost segment is expected to grow with a CAGR of 5.6% during the forecast time period.
 

Based on application scope, chemical intermediates segment is poised to grow over the forecast period, ferric chloride is used as a catalyst to enhance chemical reaction rate. Meanwhile, specialty pigment segment is anticipated to register a CAGR of 6.8% through 2027.
 

The report cites that, electronic etchant application segment is expected to witness a robust growth in the coming years, due to wider usage of ferric chloride solution as an etchant on metals like copper, brass, and silver. Lastly, metal surface treatment segment of MEA ferric chloride market accounted for USD 12 million in 2020.
 

Moving on to end-use spectrum, MEA ferric chloride industry share from wastewater treatment segment is slated to soar over 2021-2026, as product is leveraged as coagulant as well as flocculant. On the other hand, metals & metallurgy segment is reckoned to garner USD 18 million by the year 2026.
 

Geographically, ferric chloride market in Africa is touted to witness a CAGR of 7.5% over the study duration.
 

Various companies operating in MEA ferric chloride market sphere are, namely, Basic Chemical Industries Co., ChimiArt, Feralco AB, Kemira Oyj, Misr Chemical Industries Co. S.A.E., PVS Technologies Inc., Sidra Wasserchemie GmbH, Tessenderlo Group, Saf Sulphur Company, Nouryon, Malay-Sino Chemical Industries SDN BHD, Horizon Chemicals Ltd., Seqens Group, Chemifloc Ltd., and BASF S.E.