Iron Chloride Market (By Type: Ferric Chloride, Ferrous Chloride, and Others; By Application: Water and Sewage Treatment, Metal Surface Treatment, PCB, Pigment, and Others; By Region: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) Industry Size, Share, Growth, Trends 2025 to 2034
The global iron chloride market was valued at USD 484 million in 2024 and is projected to reach approximately USD 709.58 million by 2034, growing at a CAGR of 3.9%. This growth is primarily driven by increasing applications in water treatment, wastewater management, and chemical manufacturing, along with rising industrialization and urbanization worldwide.
Reports Attributes | Statistics |
Market Size in 2024 | USD 1,244 Million |
Market Size in 2025 | USD 1,349.74 Million |
Market Size in 2031 | USD 2,202.06 Million |
Market Size by 2034 | USD 2,812.66 Million |
CAGR 2025 to 2034 | 8.5% |
Base Year | 2024 |
Forecast Period | 2025 to 2034 |
The iron chloride market is growing rapidly due to the rising awareness regarding the properties of iron chloride that are used as flocculants and coagulants for eliminating impurities. Most of the growth is attracted from the expanding chemical processing industries, where iron chloride is highly utilized for catalyst production and other activities. The growing industrialization will maintain the demand for various electronics and metallurgy. The market has managed to excel in recent years, but the presence of other alternatives may limit the growth pace in the current business scenario. However, the Asian countries are bound to invest in water treatment projects to make the accurate use of the water for public needs.
The emergence of AI is expected to enhance the overall chemical dosing procedures in the water treatment projects. AI is also expected to help in monitoring chemical usage and equipment to manage the needs. Additionally, the rising need for safer formulations is expected to increase ML and AI adoption in R&D projects.
Published by Saurabh Bidwai
Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
Ferric Chloride | 300.08 | 312.54 | 325.51 | 339.02 | 353.09 | 367.74 | 382.99 | 398.88 | 415.42 | 432.65 | 450.58 |
Ferrous Chloride | 145.20 | 150.36 | 155.70 | 161.23 | 166.95 | 172.88 | 179.01 | 185.36 | 191.93 | 198.74 | 205.78 |
Others | 38.72 | 39.98 | 41.28 | 42.62 | 44 | 45.41 | 46.89 | 48.40 | 49.96 | 51.55 | 53.22 |
Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
Water and Sewage Treatment | 261.36 | 272.81 | 284.76 | 297.22 | 310.22 | 323.78 | 337.93 | 352.69 | 368.09 | 384.16 | 400.91 |
Metal Surface Treatment | 77.44 | 79.71 | 82.03 | 84.42 | 86.86 | 89.37 | 91.94 | 94.58 | 97.28 | 100.05 | 102.89 |
PCB | 48.40 | 50.54 | 52.77 | 55.10 | 57.53 | 60.07 | 62.72 | 65.48 | 68.36 | 71.37 | 74.51 |
Pigment | 38.72 | 39.98 | 41.28 | 42.61 | 43.99 | 45.42 | 46.88 | 48.40 | 49.96 | 51.56 | 53.22 |
Others | 58.08 | 59.84 | 61.65 | 63.52 | 65.44 | 67.39 | 69.42 | 71.49 | 73.62 | 75.80 | 78.05 |
Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
North America | 116.16 | 119.94 | 123.83 | 127.84 | 131.98 | 136.25 | 140.65 | 145.19 | 149.87 | 154.69 | 159.66 |
Asia Pacific | 183.92 | 192.35 | 201.16 | 210.36 | 219.97 | 230.02 | 240.51 | 251.47 | 262.92 | 274.89 | 287.38 |
Europe | 106.48 | 109.88 | 113.38 | 116.99 | 120.70 | 124.53 | 128.48 | 132.54 | 136.72 | 141.03 | 145.46 |
LAMEA | 77.44 | 80.71 | 84.12 | 87.68 | 91.39 | 95.23 | 99.25 | 103.44 | 107.80 | 112.33 | 117.08 |
Global Market Overview
Market Segmentation by Type
Market Segmentation by Application
Country-Level Analysis
Global Market
Regional Market
Country-Level
Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
Ferric Chloride | 300.08 | 312.54 | 325.51 | 339.02 | 353.09 | 367.74 | 382.99 | 398.88 | 415.42 | 432.65 | 450.58 |
Ferrous Chloride | 145.20 | 150.36 | 155.70 | 161.23 | 166.95 | 172.88 | 179.01 | 185.36 | 191.93 | 198.74 | 205.78 |
Others | 38.72 | 39.98 | 41.28 | 42.62 | 44 | 45.41 | 46.89 | 48.40 | 49.96 | 51.55 | 53.22 |
Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
Water and Sewage Treatment | 261.36 | 272.81 | 284.76 | 297.22 | 310.22 | 323.78 | 337.93 | 352.69 | 368.09 | 384.16 | 400.91 |
Metal Surface Treatment | 77.44 | 79.71 | 82.03 | 84.42 | 86.86 | 89.37 | 91.94 | 94.58 | 97.28 | 100.05 | 102.89 |
PCB | 48.40 | 50.54 | 52.77 | 55.10 | 57.53 | 60.07 | 62.72 | 65.48 | 68.36 | 71.37 | 74.51 |
Pigment | 38.72 | 39.98 | 41.28 | 42.61 | 43.99 | 45.42 | 46.88 | 48.40 | 49.96 | 51.56 | 53.22 |
Others | 58.08 | 59.84 | 61.65 | 63.52 | 65.44 | 67.39 | 69.42 | 71.49 | 73.62 | 75.80 | 78.05 |
Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
North America | 116.16 | 119.94 | 123.83 | 127.84 | 131.98 | 136.25 | 140.65 | 145.19 | 149.87 | 154.69 | 159.66 |
Asia Pacific | 183.92 | 192.35 | 201.16 | 210.36 | 219.97 | 230.02 | 240.51 | 251.47 | 262.92 | 274.89 | 287.38 |
Europe | 106.48 | 109.88 | 113.38 | 116.99 | 120.70 | 124.53 | 128.48 | 132.54 | 136.72 | 141.03 | 145.46 |
LAMEA | 77.44 | 80.71 | 84.12 | 87.68 | 91.39 | 95.23 | 99.25 | 103.44 | 107.80 | 112.33 | 117.08 |
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