Global Hydrogen Chloride Market Outlook to 2027
Hydrogen Chloride (HCl) or muriatic acid is a colorless, corrosive gas with a pungent, suffocating odor. Hydrogen chloride has many uses, including cleaning, electroplating metals, pickling, tanning leather, refining, and producing a wide variety of products. According to BlueQuark Research & Consulting, the global market for hydrogen chloride is expected to grow at a significant rate during the forecast period. The major factors responsible for the growth of the global hydrogen chloride market is increasing demand from the oil and gas industry and pickling in the steel industry, among other applications. However, the harmful effects of hydrochloric acid on humans and the environment are expected to restrain the growth of the market.
Asia-Pacific region is expected to be the largest market for global hydrogen chloride due to the rising population resulting in increasing development in industries such as chemicals, food, and textile. Moreover, Countries like China and India are expanding their manufacturing activities in oil and gas industries leading to high consumption of hydrochloric acid.
Steel Industries are likely to drive the global hydrogen chloride market due to the increasing demand for pickling. Steel pickling refers to a treatment that is used to remove rust, impurities, and scale from the surface of a material. Moreover, the major amount of steel is produced in Asia-Pacific in countries like China, Japan, and India which will further drive the global hydrogen chloride market.
The global hydrogen chloride market is fragmented. Major players in the market were found to be BASF SE, The Dow Chemical Company, Solvay, Axiall Corporation, and Detrex Corporation, among others.
In September 2019, DSM Human Nutrition & Health had successfully commissioned a brand-new anhydrous hydrogen chloride gas generation unit at its Genzach-Wyhlen site in Germany.
GlobalHydrogen chloride Marketreport provides deep insight into the current and future state of the hydrogen chloride market across various regions. The study comprehensively analyzes the hydrogen chloride market by segmenting based on End-user Industry (Food and Beverage, Oil and Gas, Chemical, Steel, Textile, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.
Asia-Pacific region is expected to be the largest market for global hydrogen chloride due to the rising population resulting in increasing development in industries such as chemicals, food, and textile. Moreover, Countries like China and India are expanding their manufacturing activities in oil and gas industries leading to high consumption of hydrochloric acid.
Steel Industries are likely to drive the global hydrogen chloride market due to the increasing demand for pickling. Steel pickling refers to a treatment that is used to remove rust, impurities, and scale from the surface of a material. Moreover, the major amount of steel is produced in Asia-Pacific in countries like China, Japan, and India which will further drive the global hydrogen chloride market.
The global hydrogen chloride market is fragmented. Major players in the market were found to be BASF SE, The Dow Chemical Company, Solvay, Axiall Corporation, and Detrex Corporation, among others.
In September 2019, DSM Human Nutrition & Health had successfully commissioned a brand-new anhydrous hydrogen chloride gas generation unit at its Genzach-Wyhlen site in Germany.
GlobalHydrogen chloride Marketreport provides deep insight into the current and future state of the hydrogen chloride market across various regions. The study comprehensively analyzes the hydrogen chloride market by segmenting based on End-user Industry (Food and Beverage, Oil and Gas, Chemical, Steel, Textile, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.
1. Executive Summary
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Feedstock Analysis
3.6 Trade Scenario
3.7 Price Trend Analysis
3.8 Regulatory Policies
3.9 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By End-user Industry
5.1.1 Food and Beverage
5.1.2 Oil and Gas
5.1.3 Chemical
5.1.4 Steel
5.1.5 Textile
5.1.6 Others
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Spain
6.2.6 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Australia
6.3.6 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1
BASF SE
7.2
Detrex Corporation
7.3
The Dow Chemical Company
7.4
Solvay
7.5
Axiall Corporation
7.6
Linde Industrial Gas
7.7
Inovyn
7.8
AGC Chemicals
7.9
INTERNATIONAL CHEMICAL INVESTORS SE
7.10
Aditya Birla Chemicals Ltd
7.11
Air Products
7.12
Occidental Petroleum Corporation
7.13 ERCO Worldwide
7.14 Heetu Chemicals & Alkalies Ltd
7.15 Coogee Chemicals
*List of companies is not exhaustive
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Feedstock Analysis
3.6 Trade Scenario
3.7 Price Trend Analysis
3.8 Regulatory Policies
3.9 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By End-user Industry
5.1.1 Food and Beverage
5.1.2 Oil and Gas
5.1.3 Chemical
5.1.4 Steel
5.1.5 Textile
5.1.6 Others
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Spain
6.2.6 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Australia
6.3.6 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1
BASF SE
7.2
Detrex Corporation
7.3
The Dow Chemical Company
7.4
Solvay
7.5
Axiall Corporation
7.6
Linde Industrial Gas
7.7
Inovyn
7.8
AGC Chemicals
7.9
INTERNATIONAL CHEMICAL INVESTORS SE
7.10
Aditya Birla Chemicals Ltd
7.11
Air Products
7.12
Occidental Petroleum Corporation
7.13 ERCO Worldwide
7.14 Heetu Chemicals & Alkalies Ltd
7.15 Coogee Chemicals
*List of companies is not exhaustive
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
LIST OF TABLES
Global Hydrogen Chloride Market, in USD Million, 2016-2025
Food and Beverage – Hydrogen Chloride Market, in Kilo tons, 2016-2025
Oil and Gas – Hydrogen Chloride Market, in Kilo tons, 2016-2025
Chemical – Hydrogen Chloride Market, in Kilo tons, 2016-2025
Steel – Hydrogen Chloride Market, in Kilo tons, 2016-2025
Textile – Hydrogen Chloride Market, in Kilo tons, 2016-2025
North America - Hydrogen Chloride Market, in Kilo tons, 2016-2025
Europe – Hydrogen Chloride Market, in Kilo tons, 2016-2025
Asia-Pacific - Hydrogen Chloride Market, in Kilo tons, 2016-2025
South America - Hydrogen Chloride Market, in Kilo tons, 2016-2025
Middle East & Africa - Hydrogen Chloride Market, in Kilo tons, 2016-2025
Hydrogen Chloride- Market Share of Key Companies in 2019
Other Supporting Charts
Oil and Gas Industry Growth Data, 2013-2019
Steel Industry Growth Data, 2013-2019
Chemical Industry Growth Data, 2013-2019
Global Hydrogen Chloride Market, in USD Million, 2016-2025
Food and Beverage – Hydrogen Chloride Market, in Kilo tons, 2016-2025
Oil and Gas – Hydrogen Chloride Market, in Kilo tons, 2016-2025
Chemical – Hydrogen Chloride Market, in Kilo tons, 2016-2025
Steel – Hydrogen Chloride Market, in Kilo tons, 2016-2025
Textile – Hydrogen Chloride Market, in Kilo tons, 2016-2025
North America - Hydrogen Chloride Market, in Kilo tons, 2016-2025
Europe – Hydrogen Chloride Market, in Kilo tons, 2016-2025
Asia-Pacific - Hydrogen Chloride Market, in Kilo tons, 2016-2025
South America - Hydrogen Chloride Market, in Kilo tons, 2016-2025
Middle East & Africa - Hydrogen Chloride Market, in Kilo tons, 2016-2025
Hydrogen Chloride- Market Share of Key Companies in 2019
Other Supporting Charts
Oil and Gas Industry Growth Data, 2013-2019
Steel Industry Growth Data, 2013-2019
Chemical Industry Growth Data, 2013-2019
