The increasing population, rising disposable income, and better infrastructure in emerging countries are some of the key factors propelling the growth of the market during the forecast period.
With a growing concern for the environment and human health, waste-water treatment plants are evolving. The steel industry has played a significant role in this development by increasing the demand for anhydrous ferric chloride. Anhydrous Ferric Chloride Market is used as an oxidizing agent to recover iron from industrial waste water. However, the major drawback associated with this commodity is its hazardous nature, causing it to be difficult to handle and dispose of.
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