Another key application of ferric hydroxide is in the pharmaceutical industry. Ferric hydroxide is extensively used in the production of intramuscular medicine for patients suffering from iron deficiency. Since there is high demand for intramuscular medicine around the world, the demand for ferric hydroxide is likely to surge in the near future. Therefore, such factors could augment growth of the Ferric Hydroxide (FEH) Market.
However, there are certain factors that could still limit growth of the market. For instance, Ferric Hydroxide (FEH) needs to be used alongside expensive filters, which increases the overall cost of the process. Hence, these aspects could potentially impede growth of the ferric hydroxide market in the near future
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