Transparency Market Research (TMR) provides key insights on the ferric sulfate market in its latest report titled “Ferric Sulfate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026.” According to the report, increasing efforts toward water conservation activities by industries, municipal corporations, and environmental associations are projected to boost the global ferric sulfate market during the forecast period.

The report has segmented the global ferric sulfate market in terms of application, form and region. On the basis of type of application, the global ferric sulfate market is split into arsenic removal, wastewater treatment, drinking water processing, heavy metals removal, odor control, phosphorous removal, selenium removal, sludge thickening conditioning, and dewatering. In terms of form, ferric sulfate market is bifurcated into powder and aqueous. The global ferric sulfate market expanded significantly in 2017. Expansion of the market is estimated to continue during the forecast period.

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In terms of regional perspective, Asia Pacific holds a significant share of the global ferric sulfate market. Rise in population, increase in awareness regarding health, and changes in lifestyle are projected to boost the ferric sulfate market in Asia Pacific during the forecast period. Demand for ferric sulfate is high in countries such as China, India, and Japan in the region. Expansion of electronic and semi-conductor industries is driving the market in Europe. Strict European Union norms regarding water purification and removal of phosphorous from drinking water are anticipated to propel the demand for ferric sulfate in Europe.

Rise in demand for double distilled water for high-end electronic applications in North America increases the demand for ferric sulfate. The ferric sulfate market in Latin America and Middle East & Africa is likely to expand at a significant pace during the forecast period owing to recent economic developments in these regions. Major players operating in the global ferric sulfate market are included in this report to give a better competitive analysis of the market and these are Pennco, Inc, Altivia Chemicals LLC, Kemira Oyj, and Hunan Yide Chemical Co., Ltd.

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