Ferric hydroxide or iron (III) hydroxide is a granular, dark orange-colored substance, which occurs naturally. Ferric hydroxide finds applications in water treatment to remove typical impurities such as arsenic, fluoride, selenium, and cadmium that are found in high percentage in domestic wells. There is always a high presence of heavy metals such as arsenic in-ground wells, which are the primary sources of water in rural areas. As it is tasteless and odorless, it is difficult to detect and its prolonged consumption could cause cancer and skin problems. Furthermore, ferric hydroxide finds application in the pharmaceutical industry for the production of medicines for hematinic patients.

Market Outlook
Global ferric hydroxide market size is projected to increase significantly during the forecast period (2019-2027), owing to growing use of ferric hydroxide in the water treatment industry. Growing consumption of potable water is expected to increase the demand for ferric hydroxide and thereby drive growth of the market during the forecast period. Growing population around the world is expected to increase the demand for clean water. This is expected to boost the demand for ferric hydroxide and thereby propel the market growth.

Market Regional Analysis
North America is expected to gain the major market share in global ferric hydroxide market during the forecast period. This is owing to increasing demand for ferric hydroxide from water treatment industries in the region. The U.S. and Canada are expected to be major contributors to the region. Europe is expected to follow North America in the market, with growing demand for clean water in the region.

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Major Keyplayers: ZeniMac Exim, Reade, DuPont, and American Elements.

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