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Global Hydrogen Chloride Market Outlook to 2029

Market Research Reports | 2024 Edition | Report ID: BQ0204
Global Hydrogen Chloride Market Outlook to 2029

Report Description

Hydrogen chloride is an inorganic, colorless gas that holds a strong odor when kept at room temperature and is also considered a diatomic molecule with both hydrogen and chlorine atoms. According to BlueQuark Research & Consulting, the global market for hydrogen chloride is expected to grow significantly during the forecasted period. Factors such as the expanding demand from the oil and gas industry and pickling in the steel industry are expected to drive the direction of the global Hydrogen chloride market in the forecasted period. Further, the increasing demand from application industries such as water treatment and food processing is expected to drive the global Hydrogen chloride market in the forecasted period. Furthermore, the developments in the chemical manufacturing sector are poised to positively influence the muriatic acid market growth in the forecasted period. However, stringent government regulations concerning CFC emissions during HCl production are expected to act as a market restraint over the forecasted period.

Hydrogen chloride has many uses, including pickling, cleaning, tanning leather, refining, electroplating metals, and producing various products. Though anhydrous hydrogen chloride is extensively used in making aqueous hydrogen chloride, commonly known as hydrochloric acid, anhydrous hydrogen chloride is also consumed in substantial amounts in producing several chemicals, including alkyl and vinyl chlorides.

Steel Industries are expected to drive the global hydrogen chloride market due to the growing demand for pickling. Steel pickling is a treatment utilized to remove rust, impurities, and scale from the surface of a material. Moreover, a significant amount of steel is produced in Asia-Pacific in countries like China, Japan, and India, further driving the global hydrogen chloride market. Hydrochloric acid is worn in the pickling process in the steel industry. Pickling is a process utilized to remove impurities, like inorganic contaminants, stains, rust, or scale from ferrous metals, precious metals, copper, and aluminum alloys. Hydrochloric acid has restored sulfuric acid in many steel pickling facilities. Due to this, the requirement for hydrochloric acid increased in various steel production facilities. The process involves the removal of iron oxides and scale from the steel surface through the conversion of oxides to soluble compounds. For steel products that undergo further processing, including coating sheets and strips, wire production, and tin mill products, pickling is needed. The mixture is predominantly used in continuous operations where hot-rolled strip steel is passed via a counter current flow of acid solution. In the oil and gas sector, HCl is commonly utilized to stimulate oil and gas wells, particularly in carbonate formations. With surging demand in countries like China and India, oil and gas companies are planning to expand their manufacturing activities, resulting in increased hydrochloric acid consumption. Growing HCl applications in the medical industry for pH control, used as deionization of water, catalyst, and as a reduction agent are further predicted to create hydrochloric acid market growth opportunities.

Asia Pacific region is expected to be the biggest market for global hydrogen chloride due to the rising population resulting in surging development in industries such as food, chemicals, and textile. Moreover, Countries like China and India are increasing their manufacturing activities in oil and gas, leading to high hydrochloric acid consumption. The development of this market is attributed to the rapidly growing and booming electronics and manufacturing industries. The increased demand for several alternative products, such as the consumption of electronic grade phosphoric acid for etching purposes in the semiconductor industry, will also boost the overall growth of this market. Demand for smartphones and electric appliances has driven the sales of integrated circuits (ICs), electronic components, and wafers. This has increased the demand for gas. These electronic components create a massive demand for ultra-high-purity anhydrous hydrogen chloride (HCl) gas market for the chemical companies market. Additionally, several large-scale manufacturers in the global hydrogen chloride market are likely to intensify the market more during the forecast period. Further, the anhydrous hydrogen chloride finds its use in the rubber industry for the process of hydrochlorination. As a recent entrant in the broad applications of anhydrous hydrogen chloride, its use as an etching agent in the semiconductor industry purifies silicon and other materials. Laboratory applications of anhydrous hydrogen chloride are mainly targeted toward producing chloride-based acids and other chemicals. Due to minimum contamination properties, ultra-high-purity anhydrous hydrogen chloride (HCl) gas is gaining momentum in the global electronics industry due to the need for maximum purity and better product consistency, improved yield of dry etching processes and epitaxial reactors. 

The global hydrogen chloride market segments. The market players were BASF SE, The Dow Chemical Company, Solvay, Axiall Corporation, and Detrex Corporation, among others.

In September 2019, DSM Human Nutrition & Health successfully commissioned a brand-new anhydrous hydrogen chloride gas generation unit at its Genzach-Wyhlen site in Germany.

In September 2021, SGL Carbon announced its delivery of a hydrochloric acid synthesis unit with combined steam generation to TCCL (Travancore-Cochin Chemicals Ltd)., which is a critical company in the chlor alkali business across South India.

The global Hydrogen chloride Market report 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 size, in detail. The study covers & includes emerging market trend, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of prominent companies, including their market shares and projects.

 

 

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global hydrogen chloride market
  • Equip yourself with rigorous analysis and forward-looking insight into the hydrogen chloride market across various regions
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop a strategy
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
  • Assess market data and forecasts to understand how the demand for the hydrogen chloride evolve over the next five years across various regions
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Tables and charts

Global Hydrogen Chloride Market, in USD Million, 2017-2027

Food and Beverage – Hydrogen Chloride Market, in Kilo tons, 2017-2027

Oil and Gas – Hydrogen Chloride Market, in Kilo tons, 2017-2027

Chemical – Hydrogen Chloride Market, in Kilo tons, 2017-2027

Steel – Hydrogen Chloride Market, in Kilo tons, 2017-2027

Textile – Hydrogen Chloride Market, in Kilo tons, 2017-2027

North America - Hydrogen Chloride Market, in Kilo tons, 2017-2027

Europe – Hydrogen Chloride Market, in Kilo tons, 2017-2027

Asia-Pacific - Hydrogen Chloride Market, in Kilo tons, 2017-2027

South America - Hydrogen Chloride Market, in Kilo tons, 2017-2027

Middle East & Africa - Hydrogen Chloride Market, in Kilo tons, 2017-2027

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

  Who need this report?

  • Chemical Manufacturing Companies
  • Oil and Gas Companies
  • Steel Companies
  • Suppliers, distributors of Hydrogen Chloride
  • Raw material providers
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Others

  What's included

Report - Global Hydrogen Chloride Market Outlook to 2027.pdf
Market Data - Global Hydrogen Chloride Market Outlook to 2027.xls

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