Rise in Government Initiatives to Fuel the Demand for Ferric and Polyferric Sulphate from the Municipal and Domestic End Use Sector

The demand for Polyferric Sulphate and Ferric Sulphate is expected to grow in the coming years owing to the industrial growth taking place worldwide and increase in water management regulations. This revelation is made by a new research report released by Future Market Insights. The report titled ‘Ferric Sulphate and Polyferric Sulphate Market: Global Industry Analysis 2012–2016 and Opportunity Assessment 2017–2027’presents the complete market scenario of these iron based coagulants. This comprehensive research study further highlights major factors impacting the growth of the ferric and polyferric sulphate market worldwide and also the most lucrative regional market.

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According to the key outcomes of this research on the ferric and polyferric sulphate market, the high rate of global industrialisation is resulting in an increase in water contamination. With the increasing awareness in developing countries about water conservation and reuse, governments in these economies are enforcing stringent regulations for proper treatment of sludge. As a result, it has been made mandatory for industries to treat sludge before disposal. Ferric and polyferric sulphate works as a major water treatment chemical and growth in demand is expected to spur in the near future.

global ferric sulphate and polyferric sulphate market 6409

Municipal and Domestic to be Dominating End Use Sector

The Municipal & Domestic sector is expected to represent a market attractiveness rating of 5.0 and be a relatively attractive market segment during the forecast period. This segment is expected to account for over 25% market share both in terms of value and volume during the forecast period. This is a result of increasing efforts towards water conservation activities by industry bodies, municipal corporations and environmental associations. Various regulations have been formed by environmental agencies and government authorities, which aim to achieve water conservation and reduce water pollution. Sludge treatment is an integral part of such activities. During the forecast period, new water and sludge treatment facilities are expected to come up across the globe, which is anticipated to drive the consumption of sludge treatment chemicals across respective regions. With such trends prevailing in the world, the municipal and domestic sector is expected to reach a market value of over US$ 140 Mn by the end of 2027, growing at a CAGR of 5.3% during the forecast period.

APEJ and Latin America to Closely Compete in Terms of Growth Rate

Due to the expansion of key players and the presence of a large number of companies in the Chinese market, APEJ is expected to be the most attractive regional market for ferric and polyferric sulphate during the forecast period. APEJ is expected to witness the largest market size of over US$ 160 Mn by the end of 2027, growing at a CAGR of 5.3% during the forecast period. Other than APEJ, Latin America and Eastern Europe are also expected to be lucrative regions with Latin America CAGR by Value 4.5%. This growth can be attributed to the rising demand for clean water in Brazil, Mexico and other parts of Latin America.

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Methodical segmentation of the global ferric sulphate and polyferric sulphate market

The market segmentation plays a very important role in market research. It bifurcates a huge market into smaller parts on the basis of different parameters. These segments are analysed individually too, and the report gives a clear idea on the most lucrative segments of the industry that will be highly profitable in the upcoming future. The segmentation also helps in giving more accurate results about the market.

By End Use Industry

  • Municipal & Domestic
  • Power Generation
  • Oil & Gas
  • Chemicals
  • Mineral & Metallurgy
  • Food & Beverages
  • Pulp & Paper
  • Others

By Region

  • North America
  • Latin America
  • APEJ
  • Western Europe
  • Easter Europe
  • MEA
  • Japan

By Product Type

  • Ferric Sulphate
  • Polyferric Sulphate

Competitive Landscape

Some of the key players mentioned in the report are

  • Pencco, Inc.,
  • Altivia Chemicals, LLC,
  • Kemira Oyj,
  • Chemifloc Limited,
  • Hunan Yide Chemical Co.,Ltd.,
  • Lubon Industry Co.,Ltd.,
  • Chemtrade Logistics Inc.,,
  • Clinty Chemicals,
  • Henan Aierfuke Co. Ltd.,
  • BAUMINAS Group,
  • Airedale Chemical etc.

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About Chemicals & Materials division of FMI

The Chemicals & Materials division at FMI offers distinct and pin-point analysis about the chemicals & materials industry. Coverage of the chemicals and materials  market extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites, and nanotechnology. The team also puts special emphasis on ‘green alternatives’, recycling and renewable technology developments, and supply-demand trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners, and government bodies for developing – ‘The Way Forward’.

To know more about the global ferric and polyferric sulphate market contact the team of expert analysts at press@futuremarketinsights.com

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