Hydrochloric Acid Market Size- By Grade, By Application, By End User industry- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Hydrochloric Acid Market Introduction and Overview
According to SPER market research, ‘Hydrochloric Acid Market Size- By Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Hydrochloric Acid Market is predicted to reach USD 135.75 billion by 2033 with a CAGR of 5.11%.
Hydrochloric acid, also known as muriatic acid, is a mineral acid with the chemical formula HCl that is generated from multiple types of inorganic compounds. It has an especially strong stench, is colorless, and is extremely acidic and corrosive in nature. Because hydrochloric acid can fully dissociate in an aqueous solution, it is considered corrosive. One of the most basic chlorine-based acidic systems is liquid hydrochloric acid, which is made up of hydrogen chloride and water.
The hydrochloric acid market was negatively impacted by the coronavirus. Worldwide demand for disinfection of buildings and homes has been spurred by growing worries about COVID-19. Many chemicals, such as ethyl alcohol, lactic acid, sodium chloride, chlorine dioxide, hydrogen peroxide, citric acid, iodine, ethanol, quaternary ammonium, glycolic acid, thymol, hydrochloric acid, isopropyl alcohol, phenolic acid, and others, are in higher demand as a result of this. These are a few of the substances that are present in many different products, such as mists, wipes, sanitizers, solutions, and liquid hand soap.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Grade, By Application Type, By End-use industry
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered
AGC Chemicals, BASF SE, Coogee Chemicals, Detrex Corporation, Dongyue Group, Ercros SA, ERCO Worldwide, Inovyn, Nouryon Industrial Chemicals, Olin Corporation,
Global Hydrochloric Acid Market Segmentation:
By Grade: Based on the Type, Global Hydrochloric Acid Market is segmented as; Instruments & Accessories, Services
By Application:Based on the Application, Global Hydrochloric Acid Market is segmented as; Oil Well Acidizing, Food Processing, Steel Pickling, Ore Processing, Pool Sanitation, Calcium Chloride, others
By End Use Industry: Based on the End Use Industry, Global Hydrochloric Acid Market is segmented as; Petroleum, Food & Beverages, Mining, Steel, Textile, Water Treatment, Chemical Industry, Others
By Region:This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER’s internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Global Hydrochloric Acid Market
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER’s Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Hydrochloric Acid Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Hydrochloric Acid Market
- 7. Global Hydrochloric Acid Market, By Grade (USD Million)2020-2023
- 7.1. Global Hydrochloric Acid Market Size, Share and Forecast, By Grade, 2020-2026
- 7.2. Global Hydrochloric Acid Market Size, Share and Forecast, By Grade, 2027-2033
- 7.3. Synthetic Grade
- 7.4. Product Grade
- 8. Global Hydrochloric Acid Market, By Application (USD Million)2020-2023
- 8.1. Global Hydrochloric Acid Market Size, Share and Forecast, By Application, 2020-2026
- 8.2. Global Hydrochloric Acid Market Size, Share and Forecast, By Application, 2027-2033
- 8.3. Oil Well Acidizing
- 8.4. Food Processing
- 8.5. Steel Pickling
- 8.6. Ore Processing
- 8.7. Pool Sanitation
- 8.8. Calcium Chloride
- 8.9. Others
- 9. Global Hydrochloric Acid Market, By End Use Industry (USD Million)2020-2023
- 9.1. Global Hydrochloric Acid Market Size, Share and Forecast, By End Use Industry, 2020-2026
- 9.2. Global Hydrochloric Acid Market Size, Share and Forecast, By End Use Industry, 2027-2033
- 9.3. Petroleum
- 9.4. Food & Beverages
- 9.5. Mining, Steel
- 9.6. Textile
- 9.7. Water Treatment
- 9.8. Chemical Industry
- 9.9. Others
- 10. Global Hydrochloric Acid Market Forecast, 2020-2033 (USD Million)
- 10.1. Global Hydrochloric Acid Market Size and Market Share
- 11. Global Hydrochloric Acid Market, By Region, 2020-2033 (USD Million)
- 11.1. Global Hydrochloric Acid Market Size and Market Share By Region (2020-2026)
- 11.2. Global Hydrochloric Acid Market Size and Market Share By Region (2027-2033)
- 11.3. Asia-Pacific
- 11.3.1. Australia
- 11.3.2. China
- 11.3.3. India
- 11.3.4. Japan
- 11.3.5. South Korea
- 11.3.6. Rest of Asia-Pacific
- 11.4. Europe
- 11.4.1. France
- 11.4.2. Germany
- 11.4.3. Italy
- 11.4.4. Spain
- 11.4.5. United Kingdom
- 11.4.6. Rest of Europe
- 11.5. Middle East and Africa
- 11.5.1. Kingdom of Saudi Arabia
- 11.5.2. United Arab Emirates
- 11.5.3. Rest of Middle East & Africa
- 11.6. North America
- 11.6.1. Canada
- 11.6.2. Mexico
- 11.6.3. United States
- 11.7. Latin America
- 11.7.1. Argentina
- 11.7.2. Brazil
- 11.7.3. Rest of Latin America
- 12. Company Profile
- 12.1. AGC Chemicals
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. BASF SE
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. Coogee Chemicals
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. Detrex Corporation
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. Dongyue Group
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. Ercros SA
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. ERCO Worldwide
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. Inovyn
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. Nouryon Industrial Chemicals
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. Olin Corporation
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
- 12.11. Others
- 13. List of Abbreviations
- 14. Reference Links
- 15. Conclusion
- 16. Research Scope
Research Assistance
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