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Ferric Sulphate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A24420
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Ferric Sulphate Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Ferric Sulphate | Chemical | USA | 329 USD/MT |
| Ferric Sulphate | Chemical | China | 209 USD/MT |
The price of ferric sulphate in the United States for Q4 2023 reached 329 USD/MT in December. Whereas, in China, ferric sulphate prices reached 209 USD/MT for Q4 2023 in December.
Ferric Sulphate Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Ferric Sulphate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of ferric sulphate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of ferric sulphate at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of ferric sulphate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing ferric sulphate price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Ferric Sulphate Market Analysis
The global ferric sulphate market size reached US$ 431.5 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 680.96 Million, at a projected CAGR of 5.20% during 2023-2032.
- The demand for ferric sulfate is driven by government incentives for sustainable activities, such as those supporting efficient water and waste treatment. Additionally, ferric sulfate is necessary as it eliminates impurities that are necessary to meet legal requirements and maintain environmental sustainability in industrial, urban, and rural environments. According to the National Rural Water Association (NRWA), and the U.S. Department of Agriculture (USDA), the Rural Development Loan and Grant Program helps small, economically distressed rural communities improve and expand their waste and water treatment facilities for nearby residences and businesses. Additionally, the USDA received a $4 billion budget from Congress and an extra $1.9 billion to help wastewater and water infrastructure projects in rural areas with populations under 10,000. These incentives subsidize the costs of implementing such technologies and incentivize businesses and municipalities to invest in sustainable practices. Hence, it propels the demand for ferric sulfate for water treatment processes across the globe. Top of FormBottom of Form
- The growing investments in infrastructure construction, especially in emerging nations, are driving the expansion of the ferric sulfate market. According to the Oxford Economies, the global construction output was valued at US$10.7 Trillion in 2020 and is anticipated to reach US$15.2 Trillion by 2030. Apart from this, Asia Pacific is making a substantial contribution to this expansion, with construction production predicted to increase by US$2.5 Trillion between 2020 and 2030, exceeding US$7.4 Trillion by 2030 an increase of more than 50%. Moreover, several governments are investing in infrastructure to promote economic expansion and urbanization for efficient water treatment systems to control wastewater and maintain environmental sustainability considering the increasing activities in infrastructure developments. Hence, ferric sulphate is widely employed due to its effectiveness in eliminating impurities in construction-related water treatment, rendering it essential in fulfilling regulatory mandates and ecological prerequisites.
- Moreover, ferric sulfate demand is driven by urbanization and industrialization, particularly in emerging economies such as China and India. Additionally, industrial operations in several areas produce large amounts of wastewater that need to be treated thoroughly before being released, which is consistent with the use of ferric sulfate in industrial water treatment procedures. According to the United Nations (UN) 2022 report and Our World in Data prediction the world population is projected to peak in 2084, at a rate of around 10.3 Billion people. This rapid increase in the population highlights the quick pace of growing cities and the urgent need for reliable water treatment solutions. As urban areas expand and industrial activities intensify, the demand for ferric sulfate continues to grow, driven by the imperative for effective and sustainable water management practices.
Ferric Sulphate News
The report covers the latest developments, updates, and trends impacting the global ferric sulphate market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in ferric sulphate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the ferric sulphate price trend.
Latest developments in the ferric sulphate industry:
- 27 November 2023, Kemira Oyj, a global leader in sustainable chemical solutions for water-intensive industries, announces a significant expansion of its production capacity for ferric sulfate water treatment chemicals in Goole, UK. This investment of an additional 70,000 tons capacity aims to address the increasing demand for coagulants due to stringent new regulations, specifically Asset Management Plans 7 and 8, focusing on phosphorus and other nutrient discharge from wastewater treatment under the UK Water Industry National Environment Programme. The expanded capacity is scheduled to commence operations in Q3 2025.
Product Description
Ferric sulfate, also known as iron(III) sulfate, is a chemical substance that is mostly utilized as a coagulant in the water treatment industry, especially in the treatment of sewage and industrial wastes. It functions by destabilizing colloidal particles causing them to clump together and separate from the water. This procedure, known as coagulation, is essential for eliminating pollutants from water sources, including organic compounds, heavy metals, and other impurities before additional treatment or release. Additionally, ferric sulphate is employed in numerous industries to make pigments, especially iron oxide pigments, which are employed in ceramics, paints, and coatings. It also acts as a mordant in dyeing procedures, assisting in fixing dyes onto textiles and fibres.
Regional Coverage
The report provides a detailed analysis of the ferric sulphate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the ferric sulphate price trend.
Global Ferric Sulphate Price
The report offers a holistic view of the global ferric sulphate pricing trends in the form of ferric sulphate price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of ferric sulphate but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed ferric sulphate demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Ferric Sulphate Price
European ferric sulphate prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed ferric sulphate price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Ferric Sulphate Price
The analysis of ferric sulphate prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.
Specific ferric sulphate historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Ferric Sulphate Price
The report explores the ferric sulphate pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on ferric sulphate prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Ferric Sulphate Price
The ferric sulphate pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This ferric sulphate price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | Asia Pacific |
Latin America Ferric Sulphate Price
The analysis of ferric sulphate prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Ferric Sulphate |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Ferric Sulphate Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of ferric sulphate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting ferric sulphate price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The ferric sulphate price charts ensure our clients remain at the forefront of the industry.
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- Include additional segments and countries to customize the report as per your requirement.
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