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MEA Ferric Chloride Market Share

Report ID: GMI4965
Published Date: Mar 2021
Report Format: PDF

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MEA Ferric Chloride Market Share

Middle East & Africa ferric chloride industry is consolidated with key players including

Borsod Chem
Kemira
Tessenderlo Group
Chemifloc
Sat Sulfhur Company
BASF
Feracid
Agua Chem Ltd
Swedish Jordanian Chemicals
Al-Kout

According to a recent report Middle eat based company AI-kout is focusing on expansion into field of water treatment. The product is an important water treating chemical used as a flocculent for impurity settling. AI-Kout is focusing on investing a major part of the raw material for ferric chloride production which should stimulate the product market growth.

Authors: Kunal Ahuja, Tushar Malkani

Frequently Asked Questions (FAQ) :

MEA ferric chloride industry size was valued at USD 200 million in 2019 and will grow at a 6.6% CAGR over 2020-2026 forecast period.

The market for ferric chloride powder in MEA was estimated to be worth USD 63 million in 2019 and will expand further, led by extensive application in electronics products for etching.

MEA ferric chloride industry share forms the potable water application segment will grow at a 7.4% CAGR up to 2026 with growing water scarcity concerns across the region.

Kuwait size was valued at USD 2.28 million during 2019 and will expand with ongoing expansion of wastewater treatment plants.