Hydrochloric Acid Market Analysis, Share, Growth, Industry Trends and Forecasts to 2019: Hexa Research

Hexa Research
Fact-based market research, penetrating industry insights and validated
forecasts to help you make better decisions for a stronger future
Hydrochloric Acid Market Research Report - Global Industry
Analysis, Size, Share and Forecast to 2019: Hexa Research
Hydrochloric acid is an important chlorine compound and is majorly produced as a byproduct in
the manufacturing of a host of organic chemicals. Over 40 processes generate hydrochloric acid
as a byproduct and it is consumed in over a 100 processes. Over two third of the global HCL
consumption is in the manufacturing of ethylene dichloride (EDC) and the remaining is the
manufacturing of inorganic compounds. Most of the HCL is captively consumed by companies
for further organic product manufacturing. A small segment of HCL is available to the merchant
market. The key applications of HCL include oil well acidization, steel pickling, food processing
and industrial application for high purity HCL. High purity HCL is primarily used in oil and gas
industry, pharmaceuticals and water treatment.
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Hexa Research
Fact-based market research, penetrating industry insights and validated
forecasts to help you make better decisions for a stronger future
The key driver for the market is the growing demand in application industries such as oil and
gas and food processing. The North America oil and gas industry is expected to grow over 30%
in the next five years in light of shale gas discover. In addition, the increasing oil and gas
industry in Middle East, has resulted in increased oil acidizing activities boosting the demand for
HCL. The demand for HCL in steel pickling is expected to witness sharp rise due to the
substitution of sulfuric acid in the pickling process. In spite of the lower cost of sulfuric acid, HCL
is used extensively due to it being a much faster and effective pickling agent. Hydrochloric acid
is used in the food processing industry for the processing of High Fructose Corn Syrup (HFCS)
which is primarily used in the beverage industry. However, the market is expected to witness
restraint in the form of regulatory pressure to face out CFC which generates HCL in its
production. Also the limited supply is expected to lead to fluctuating prices which acts as a
major challenge for the growth of the market.
Asia Pacific was the largest consumer of HCL due to the increasing industrial activities in China,
India and Indonesia. However, countries of Middle East, China, Canada and Indonesia are
expected to witness fastest growth on account of the growing oil and gas industry.
This research report provides comprehensive market statistics and forecast for key segments,
and provides complete industry landscape including drivers, restraints, regulatory scenario,
technology trends and future opportunities. The report also provides detailed competitive
landscape with company market share analysis and in-depth profiles of key market participants.
Key regional markets analyzed and reported in this study include:
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North America
Europe
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Asia Pacific
RoW
Critical elements of the report include:

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Industry dynamics
Market challenges and opportunities
Contact: +1-800-489-3075
Email : sales@hexaresearch.com
Website: http://www.hexaresearch.com/
Hexa Research
Fact-based market research, penetrating industry insights and validated
forecasts to help you make better decisions for a stronger future


Technology & regulatory trends
Market estimate and forecast


Regional trends
Competitive trends
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Why should you buy this report?
 This report provides comprehensive analysis of the market including Porter’s and
SWOT analysis
 Complete identification and analysis of key industry dynamics including drivers,
restraints, raw material trends and buyer behavior
 The study provides technology landscape and regulatory trends for building strategy
 Global and regional market estimates and forecast on volume and revenue basis for
multiple market segments

Detailed competitive landscape of the market, with profiles of key companies
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Hydrochloric Acid Market Analysis
2.1 Market Segmentation
2.2 Value Chain Analysis
2.3 Market Drivers & Restraints
2.4 Hydrochloric Acid – Porter’s Analysis
2.5 Hydrochloric Acid – SWOT Analysis
2.6 Hydrochloric Acid - Company Market Share Analysis
Contact: +1-800-489-3075
Email : sales@hexaresearch.com
Website: http://www.hexaresearch.com/
Hexa Research
Fact-based market research, penetrating industry insights and validated
forecasts to help you make better decisions for a stronger future
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Website - http://www.hexaresearch.com/
Contact: +1-800-489-3075
Email : sales@hexaresearch.com
Website: http://www.hexaresearch.com/

Hydrochloric acid is an important chlorine compound and is majorly produced as a byproduct in the manufacturing of a host of organic chemicals. Over 40 processes generate hydrochloric acid as a byproduct and it is consumed in over a 100 processes.