How big is the Ferrous Chloride Market | Growth, Drivers & Regional Analysis 2025

Q: How big is the ferrous chloride market size?

The ferrous chloride market is projected to reach USD 603.4 million by 2031.

Q: What is the CAGR of the ferrous chloride market?

The market is expected to grow at a CAGR of 5.1% during the forecast period.

Q: What is the primary application of ferrous chloride?

It is widely used in wastewater treatment and as a reducing agent in various chemical processes.

Q: What are the major sources of ferrous chloride production?

It is typically produced as a by-product in steel pickling or from the reaction of hydrochloric acid with scrap iron.

Q: Which regions are driving ferrous chloride market expansion?

Asia-Pacific, especially China and India, along with parts of Europe, are showing strong industrial and municipal demand.

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Code: MTA6090

Publication Date: Jul 2025

How big is the ferrous chloride market?

According to 6Wresearch internal database and industry insights, the ferrous chloride market was valued at approximately USD 425.6 million in 2024 and is projected to reach USD 603.4 million by 2031, growing at a CAGR of 5.1% during the forecast period.

This increase is due to growing applications in the metallurgy and pigments industries, growing use in chemical synthesis, and growing demand in wastewater treatment. Demand in the market is also being driven by new environmental laws and the transition to sustainable industrial practices.

Key Growth Factors of the Ferrous Chloride Market

Rising demand from wastewater and industrial effluent treatment
Growing use in pigments, dyes, and textile industries
Expansion of metal surface treatment and pickling applications
Increasing utilization in chemical intermediates and catalysts
Steady demand from electroplating and battery recycling industries

Ferrous Chloride Market Trends

The ferrous chloride market is seeing increased use of ferrous chloride in eco-friendly water purification processes and corrosion inhibitors. There is a growing shift toward cost-efficient manufacturing methods and product quality optimization to meet environmental standards.

Emerging Developments in the Ferrous Chloride Market

Companies are focusing on enhancing production through by-product recovery from steel and titanium plants. Innovations in ferrous chloride market are green synthesis and integration with circular economy practices are emerging. Export opportunities are rising in Southeast Asia and Latin America.