Market Outlook
Asia Pacific is expected to contribute the highest market share owing to increasing industrialization, urbanization, and an increasing demand for wastewater treatment in the region. Rising population, growing presence of key players, and water recycling in end use industries such as pharmaceuticals and food and beverage in emerging economies such as India and China. Other regions such as Africa and Latin America have also shown significant industrial and economic growth over the past few years which can be a contributing factor for the growing demand for ferric chloride in these regions.
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