Global Hydrogen Chloride Market to 2026 – Featuring BASF, Solvay and Axiall Among Others – | Financial Buzz

Global Hydrogen Chloride Market to 2026 – Featuring BASF, Solvay and Axiall Among Others –

The “Global Hydrogen Chloride Market Outlook to 2026” report has been added to’s offering.

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 the publisher, 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.

Key Topics Covered:

1. Executive Summary

2. Research Scope and Methodology

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

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

7. Key Company Profiles

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

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