FMI Injectable Drug Delivery Market Global Industry An | Page 5

Injectable Drug Delivery Market
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Owing to the strict European Union norms of water purification and phosphorous removal from drinking
water, the usage of ferric sulfate is expected to grow in the European Union. The largest market for ferric
sulfate is expected to be China, where treated water is used extensively in agricultural farms for irrigation
and in the semiconductor industry. The growing transition of the semiconductor industry from countries
such as Taiwan, Japan and Korea to China has fuelled the growth of ferric sulfate market. The U.S and
Japan markets are mature and are showing minimal growth in the market of ferric sulfate.
Ferric sulfate is also used as an anti-hemorrhagic agent and as an astringent. It contracts tissues to seal
injured blood vessels, thereby preventing blood loss due to trauma. This application of ferric sulfate
makes it suited for trauma and emergency centers of hospitals. Ferric sulfate produces a dark red color
when dissolved in water. Due to this property, ferrous and ferric sulfate are used in dyes and pigment
industry. Ferric sulfate is used to remove bacteria, arsenic and heavy metals such as chromium, lead,
selenium from water, additionally it prevents odor by eliminating hydrogen sulfide. Ferric sulfate is
functional over a wide pH range making it suitable for clarification of a wide variety of water samples. In
waste water treatment, it is used as a coagulant and a sludge thickening agent.

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The major players in this market include-Alfa Aesar, Beijin Ouhe Technology Co Ltd, Chengdu XiYa
Chemical Technology Co Ltd and Nanjing Vital Chemical Co Ltd among others. This research report
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