PUBLISHER: TechNavio | PRODUCT CODE: 1684992
PUBLISHER: TechNavio | PRODUCT CODE: 1684992
The hydrochloric acid market is forecasted to grow by USD 1545.1 million during 2024-2029, accelerating at a CAGR of 7.4% during the forecast period. The report on the hydrochloric acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for PVC, growing demand for hydrochloric acid in APAC, and increasing demand for MDI.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 6.8% |
CAGR | 7.4% |
Incremental Value | $1545.1 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's hydrochloric acid market is segmented as below:
By End-user
By Grade Type
By Application
By Geographical Landscape
This study identifies the availability of substitutes for hydrochloric acid as one of the prime reasons driving the hydrochloric acid market growth during the next few years. Also, expansion of hydrochloric acid facilities and growing demand for pickling in the steel industry will lead to sizable demand in the market.
The report on the hydrochloric acid market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hydrochloric acid market vendors that include AGC Inc., BASF SE, Coogee, Covestro AG, ERCO Worldwide, FSTI Inc., INOVYN Europe Ltd., Italmatch Chemicals Spa, Jones Hamilton Co., Kemira Oyj, Occidental Petroleum Corp., Olin Corp., PCC SE, Qingdao Hisea Chem Co. Ltd., Shiva Group, Sigma Aldrich Chemicals Pvt. Ltd., SPOLANA s.R.o., Tessenderlo Group NV, W.K. Merriman Inc., and Westlake Corp.. Also, the hydrochloric acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: