The global hydrochloric acid market size accounted for US$ 3.6 Bn in 2022 and is projected to reach around USD 7.02 Bn by 2032, growing at a CAGR of 6.9% from 2023 to 2032.
Report Summary
The global hydrochloric acid market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the hydrochloric acid market across the globe.
A comprehensive estimate on the hydrochloric acid market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of hydrochloric acid during the forecast period. Price point comparison by region with global average price is also considered in the study.
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Hydrochloric Acid Market Report Scope
Report Coverage | Details |
Market Size in 2023 | USD 3.85 Billion |
Market Size by 2032 | USD 7.02 Billion |
Growth Rate from 2023 to 2032 | CAGR of 6.9% |
Largest Market | North America |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | By Grade, By Application, and By End-use |
Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized hydrochloric acid market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: Graphite Electrode Market Size To Cross USD 14.56 Bn By 2032
Hydrochloric Acid Market Players
The report includes the profiles of key hydrochloric acid market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area
- BASF SE
- AGC Chemicals
- Coogee Chemicals
- Olin Corporation
- Detrex Corporation
- Dongyue Group
- Ercros SA
- ERCO Worldwide
- Inovyn
- Nouryon Industrial Chemicals
- Occidental Petroleum Corporation
- Covestro AG
- Vynova Group
- Shin-Etsu Chemical Co., Ltd
- Solvay
- Tessenderlo Group
- TOAGOSEI CO. LTD
- PCC Group
- Westlake Chemical Corporation
- Merck KGaA
Market Segmentation
By Grade
- Synthetic Grade
- By-Product Grade
By Application
- Steel Pickling
- Oil Well Acidizing
- Ore Processing
- Food Processing
- Pool Sanitation
- Calcium Chloride
- Biodiesel
- Others
By End-use
- Food & Beverages
- Pharmaceuticals
- Textile
- Steel
- Oil & Gas
- Chemical
- Others
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Hydrochloric Acid Market
5.1. COVID-19 Landscape: Hydrochloric Acid Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Hydrochloric Acid Market, By Grade
8.1. Hydrochloric Acid Market Revenue and Volume, by Grade, 2023-2032
8.1.1 Synthetic Grade
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. By-Product Grade
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Hydrochloric Acid Market, By Application
9.1. Hydrochloric Acid Market Revenue and Volume, by Application, 2023-2032
9.1.1. Steel Pickling
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Oil Well Acidizing
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Ore Processing
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
9.1.4. Food Processing
9.1.4.1. Market Revenue and Volume Forecast (2020-2032)
9.1.5. Pool Sanitation
9.1.5.1. Market Revenue and Volume Forecast (2020-2032)
9.1.6. Calcium Chloride
9.1.6.1. Market Revenue and Volume Forecast (2020-2032)
9.1.7. Biodiesel
9.1.7.1. Market Revenue and Volume Forecast (2020-2032)
9.1.8. Others
9.1.8.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Hydrochloric Acid Market, By End-use
10.1. Hydrochloric Acid Market Revenue and Volume, by March, 2023-2032
10.1.1. Food & Beverages
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Pharmaceuticals
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
10.1.3. Textile
10.1.3.1. Market Revenue and Volume Forecast (2020-2032)
10.1.4. Steel
10.1.4.1. Market Revenue and Volume Forecast (2020-2032)
10.1.5. Oil & Gas
10.1.5.1. Market Revenue and Volume Forecast (2020-2032)
10.1.6. Chemical
10.1.6.1. Market Revenue and Volume Forecast (2020-2032)
10.1.7. Others
10.1.7.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Hydrochloric Acid Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.1.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.1.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.4.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.1.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.5.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.2.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.2.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.4.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.2.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.5.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.2.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.6.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.2.7.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.7.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.3.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.3.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.4.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.3.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.5.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.3.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.6.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.3.7.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.7.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.4.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.4.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.4.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.5.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.4.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.6.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.4.7.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.7.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.5.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.4.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Grade (2020-2032)
11.5.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.5.3. Market Revenue and Volume Forecast, by End-use(2020-2032)
Chapter 12. Company Profiles
12.1. BASF SE
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. AGC Chemicals
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Coogee Chemicals
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Olin Corporation
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Detrex Corporation
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Dongyue Group
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Ercros SA
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. ERCO Worldwide
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Inovyn
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Nouryon Industrial Chemicals
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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