Analyst Viewpoint
Hydrogen chloride is extensively used in the production of various chemicals, including hydrochloride salts and dyes. It is also utilized for pickling and cleaning of metal surfaces before plating, galvanizing, and other processes. Increase in demand for hydrogen chloride in various applications in diverse end-use industries, such as water treatment, steel pickling, and inorganic compound production, is one of the key factors driving the hydrogen chloride market growth.
Hydrogen chloride is utilized to remove calcium and magnesium deposits from water, which make water hard and cause scaling. It is also used to disinfect water and kill bacteria. Therefore, surge in demand for hydrogen chloride in the water treatment industry is also anticipated to offer lucrative hydrogen chloride market opportunities for manufacturers in the next few years.
Hydrogen chloride (HCI) is commonly used in its liquid form for various industrial applications. It is a highly corrosive and strong acid that is typically sold and transported in liquid form. Its liquid state enables for easy handling, mixing, and application in different industries. It has a strong, pungent odor. It is a common ingredient in cleaning products such as toilet bowl cleaners and drain cleaners. Hydrogen chloride is also utilized in the production of inorganic compounds, such as chlorine and chlorhydric acid.
Hydrogen chloride is used to adjust the pH levels in water treatment processes, including municipal water treatment plants, swimming pools, and industrial water systems. Furthermore, it is utilized in food processing for tasks such as pH control, water treatment, and equipment cleaning. Hydrogen chloride is also used in well stimulation and acidizing processes in the oil & gas sector to increase the flow of hydrocarbons. It is also employed in the dyeing and printing of textiles.
Industrial growth, construction activity, water treatment needs, and economic conditions are major factors that can positively influence the hydrogen chloride market outlook. Furthermore, the market can also experience fluctuations in supply and demand, leading to changes in prices.
Hydrogen chloride is a strong acid that is used to disinfect water and kill bacteria. Hydrogen chloride is used in various water treatment processes, including hard water treatment, water disinfection, and scale removal. Furthermore, hydrogen chloride is utilized to remove calcium and magnesium deposits from hard water, which can damage the inner surfaces of pipes and vessels.
Increase in demand for clean and safe drinking water is driving the hydrogen chloride market demand in the water treatment industry. This is because using hydrogen chloride is an effective and affordable way to remove metallic impurities from water, as well as to disinfect water and kill bacteria.
Hydrogen chloride is used in the steel industry to pickle steel - a process that removes rust and impurities from the surface of steel. This makes the steel more receptive to paint and other coatings. Therefore, growth of the steel industry is projected to propel the market value in the near future.
In the steel industry, hydrogen chloride is also used to descale steel, which is a process that removes scale from the surface of steel. Scale is a hard deposit that can form on steel over time. It can be caused by calcium and magnesium deposits, as well as other minerals. Furthermore, hydrogen chloride is used to etch steel, which is a process that creates a rough surface on the steel. This allows the paint or coating to adhere better to the steel.
Hydrogen chloride is a strong acid, and it can be corrosive to skin, eyes, and other tissues. It is important to handle hydrogen chloride with care and to wear protective gear when using it. Hydrogen chloride is available in various concentrations; however, the most common concentration is 34%. This concentration is strong enough for most applications; however, it is not so strong that it is difficult to handle.
Some common uses of liquid hydrogen chloride include cleaning and etching surfaces, especially in industries such as metal fabrication, where it is used to remove rust, scale, and other contaminants from metal surfaces. Therefore, high demand in various applications and end-use industries is fueling the hydrogen chloride market revenue.
Hydrogen chloride is also employed to lower the pH of water, making it more acidic. This is important for maintaining water quality and preventing the growth of harmful microorganisms. Furthermore, hydrogen chloride is utilized in chemical manufacturing processes to produce various products, including chlorine, hydrochloride salts, and other chemicals.
In terms of value, the hydrogen chloride market size in Europe is expected to grow during the forecast period due to the preservative and acidifying properties of hydrochloric acid in the food industry. Germany, France, Spain, and Rest of Europe are expected to be key markets for hydrogen chloride during the forecast period owing to an expected to increase in consumption of hydrochloric acid in the region.
The hydrogen chloride industry is dominated by a high number of large and medium players operating across the world. Top players, cumulatively, accounted for more than 35% of the hydrogen chloride market share. Prominent players follow the latest market trends and focus on technological innovations and business expansion. They emphasize on acquisitions, financial restructuring and investments, capacity expansion, mergers, and acquisitions to consolidate their presence and position in the hydrogen chloride business in the region. Honeywell International Inc., CABB Group GmbH, Chemical Factory Kalk GmbH, Solvay GmbH, and Vestolit are a few prominent entities operating in the market.
Key players in the hydrogen chloride market research report have been profiled based on various parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
| Attribute | Detail |
|---|---|
| Market Size Value in 2022 | US$ 517.4 Mn |
| Market Forecast Value in 2031 | US$ 814.2 Mn |
| Growth Rate (CAGR) | 5.8% |
| Forecast Period | 2023-2031 |
| Historical Data Available for | 2022 |
| Quantitative Units | US$ Mn for Value & Kilo Tons for Volume |
| Market Analysis | It includes cross-segment analysis at the Europe as well as regional level. Furthermore, the qualitative analysis includes drivers, restraints, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
| Competition Landscape |
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| Format | Electronic (PDF) + Excel |
| Market Segmentation |
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| Regions Covered |
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| Countries Covered |
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| Companies Profiled |
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| Customization Scope | Available upon request |
| Pricing | Available upon request |
The market in Europe was valued at US$ 517.4 Mn in 2022
It is expected to grow at a CAGR of 5.8% from 2023 to 2031
Increase in demand for hydrogen chloride from water treatment industry and expansion of steel industry
In terms of type, the liquid segment held largest share in 2022
Germany was the most lucrative country in Europe in 2022
Honeywell International Inc., CABB Group GmbH, Chemical Factory Kalk GmbH, Solvay GmbH, and Vestolit
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Key Facts and Figures
1.4. Trends Impacting Market
1.5. TMR’s Growth Opportunity Wheel
2. Market Overview
2.1. Market Segmentation
2.2. Key Developments
2.3. Market Definitions
2.4. Key Market Trends
2.5. Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunities
2.6. Europe Hydrogen Chloride Market Analysis and Forecast, 2023-2031
2.6.1. Europe Hydrogen Chloride Market Volume (Kilo Tons)
2.6.2. Europe Hydrogen Chloride Market Value (US$ Mn)
2.7. Porter’s Five Forces Analysis
2.8. Regulatory Landscape
2.9. Value Chain Analysis
2.9.1. List of Raw Material Providers
2.9.2. List of Manufacturers
2.9.3. List of Dealers/Distributors
2.9.4. List of Potential Customers
2.10. Production Overview
2.11. Product Specification Analysis
2.11.1. Cost Structure Analysis
3. Economic Recovery Post COVID-19 Impact
3.1. Impact on the Supply Chain of the Hydrogen Chloride
3.2. Impact on the Demand of Hydrogen Chloride– Pre & Post Crisis
4. Impact of Current Geopolitical Scenario
5. Production Output Analysis (Kilo Tons), by Region, 2023
5.1. Europe
6. Price Trend Analysis and Forecast (US$/Ton), 2023-2031
6.1. Price Comparison Analysis by Type
6.2. Price Comparison Analysis by Region
7. Europe Hydrogen Chloride Market Analysis and Forecast, by Type, 2023–2031
7.1. Introduction and Definitions
7.2. Europe Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2023–2031
7.2.1. Liquid
7.2.2. Gas
7.3. Europe Hydrogen Chloride Market Attractiveness, by Type
8. Europe Hydrogen Chloride Market Analysis and Forecast, by Application, 2023–2031
8.1. Introduction and Definitions
8.2. Europe Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023–2031
8.2.1. Chemicals
8.2.2. Pharmaceuticals
8.2.3. Electronics
8.2.4. Food & Beverages
8.2.5. Others
8.3. Europe Hydrogen Chloride Market Attractiveness, by Application
9. Europe Hydrogen Chloride Market Analysis and Forecast, by Region, 2023–2031
9.1. Key Findings
9.2. Europe Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Region, 2023–2031
9.2.1. Europe
9.3. Europe Hydrogen Chloride Market Attractiveness, by Region
10. Europe Hydrogen Chloride Market Analysis and Forecast, 2023–2031
10.1. Key Findings
10.2. Europe Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2023–2031
10.3. Europe Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023–2031
10.4. Europe Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031
10.4.1. Germany Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2023–2031
10.4.2. Germany Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023–2031
10.4.3. France Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2023–2031
10.4.4. France Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023–2031
10.4.5. U.K. Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2023–2031
10.4.6. U.K. Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023–2031
10.4.7. Italy Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2023–2031
10.4.8. Italy Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023–2031
10.4.9. Russia & CIS Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2023–2031
10.4.10. Russia & CIS Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023–2031
10.4.11. Rest of Europe Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Type, 2023–2031
10.4.12. Rest of Europe Hydrogen Chloride Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023–2031
10.5. Europe Hydrogen Chloride Market Attractiveness Analysis
11. Competition Landscape
11.1. Market Players - Competition Matrix (by Tier and Size of Companies)
11.2. Market Share Analysis, 2023
11.3. Market Footprint Analysis
11.3.1. By Type
11.3.2. By Application
11.4. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)
11.4.1. Honeywell International Inc.
11.4.1.1. Company Revenue
11.4.1.2. Business Overview
11.4.1.3. Product Segments
11.4.1.4. Geographic Footprint
11.4.1.5. Production Form/Plant Details, etc. (*As Applicable)
11.4.1.6. Strategic Partnership, Form Expansion, New Product Innovation etc.
11.4.2. CABB Group GmbH
11.4.2.1. Company Revenue
11.4.2.2. Business Overview
11.4.2.3. Product Segments
11.4.2.4. Geographic Footprint
11.4.2.5. Production Form/Plant Details, etc. (*As Applicable)
11.4.2.6. Strategic Partnership, Form Expansion, New Product Innovation etc.
11.4.3. Chemical Factory Kalk GmbH
11.4.3.1. Company Revenue
11.4.3.2. Business Overview
11.4.3.3. Product Segments
11.4.3.4. Geographic Footprint
11.4.3.5. Production Form/Plant Details, etc. (*As Applicable)
11.4.3.6. Strategic Partnership, Form Expansion, New Product Innovation etc.
11.4.4. Solvay GmbH
11.4.4.1. Company Revenue
11.4.4.2. Business Overview
11.4.4.3. Product Segments
11.4.4.4. Geographic Footprint
11.4.4.5. Production Form/Plant Details, etc. (*As Applicable)
11.4.4.6. Strategic Partnership, Form Expansion, New Product Innovation etc.
11.4.5. Vestolit
11.4.5.1. Company Revenue
11.4.5.2. Business Overview
11.4.5.3. Product Segments
11.4.5.4. Geographic Footprint
11.4.5.5. Production Form/Plant Details, etc. (*As Applicable)
11.4.5.6. Strategic Partnership, Form Expansion, New Product Innovation etc.
12. Primary Research: Key Insights
13. Appendix
List of Tables
Table 1: Europe Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Type, 2023–2031
Table 2: Europe Hydrogen Chloride Market Value (US$ Mn) Forecast, by Type, 2023–2031
Table 3: Europe Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Application, 2023–2031
Table 4: Europe Hydrogen Chloride Market Value (US$ Mn) Forecast, by Application, 2023–2031
Table 5: Europe Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Region, 2023–2031
Table 6: Europe Hydrogen Chloride Market Value (US$ Mn) Forecast, by Region, 2023–2031
Table 7: Europe Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Type, 2023–2031
Table 8: Europe Hydrogen Chloride Market Value (US$ Mn) Forecast, by Type, 2023–2031
Table 9: Europe Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Application, 2023–2031
Table 10: Europe Hydrogen Chloride Market Value (US$ Mn) Forecast, by Application, 2023–2031
Table 11: Europe Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Country and Sub-region, 2023–2031
Table 12: Europe Hydrogen Chloride Market Value (US$ Mn) Forecast, by Country and Sub-region, 2023–2031
Table 13: Germany Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Type, 2023–2031
Table 14: Germany Hydrogen Chloride Market Value (US$ Mn) Forecast, by Type, 2023–2031
Table 15: Germany Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Application, 2023–2031
Table 16: Germany Hydrogen Chloride Market Value (US$ Mn) Forecast, by Application, 2023–2031
Table 17: France Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Type, 2023–2031
Table 18: France Hydrogen Chloride Market Value (US$ Mn) Forecast, by Type, 2023–2031
Table 19: France Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Application, 2023–2031
Table 20: France Hydrogen Chloride Market Value (US$ Mn) Forecast, by Application, 2023–2031
Table 21: U.K. Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Type, 2023–2031
Table 22: U.K. Hydrogen Chloride Market Value (US$ Mn) Forecast, by Type, 2023–2031
Table 23: U.K. Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Application, 2023–2031
Table 24: U.K. Hydrogen Chloride Market Value (US$ Mn) Forecast, by Application, 2023–2031
Table 25: Italy Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Type, 2023–2031
Table 26: Italy Hydrogen Chloride Market Value (US$ Mn) Forecast, by Type, 2023–2031
Table 27: Italy Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Application, 2023–2031
Table 28: Italy Hydrogen Chloride Market Value (US$ Mn) Forecast, by Application, 2023–2031
Table 29: Spain Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Type, 2023–2031
Table 30: Spain Hydrogen Chloride Market Value (US$ Mn) Forecast, by Type, 2023–2031
Table 31: Spain Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Application, 2023–2031
Table 32: Spain Hydrogen Chloride Market Value (US$ Mn) Forecast, by Application, 2023–2031
Table 33: Russia & CIS Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Type, 2023–2031
Table 34: Russia & CIS Hydrogen Chloride Market Value (US$ Mn) Forecast, by Type, 2023–2031
Table 35: Russia & CIS Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Application, 2023–2031
Table 36: Russia & CIS Hydrogen Chloride Market Value (US$ Mn) Forecast, by Application, 2023–2031
Table 37: Rest of Europe Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Type, 2023–2031
Table 38: Rest of Europe Hydrogen Chloride Market Value (US$ Mn) Forecast, by Type, 2023–2031
Table 39: Rest of Europe Hydrogen Chloride Market Volume (Kilo Tons) Forecast, by Application, 2023–2031
Table 40: Rest of Europe Hydrogen Chloride Market Value (US$ Mn) Forecast, by Application, 2023–2031
List of Figures
Figure 1: Europe Hydrogen Chloride Market Volume Share Analysis, by Type, 2022, 2027, and 2031
Figure 2: Europe Hydrogen Chloride Market Attractiveness, by Type
Figure 3: Europe Hydrogen Chloride Market Volume Share Analysis, by Application, 2022, 2027, and 2031
Figure 4: Europe Hydrogen Chloride Market Attractiveness, by Application
Figure 5: Europe Hydrogen Chloride Market Volume Share Analysis, by Region, 2022, 2027, and 2031
Figure 6: Europe Hydrogen Chloride Market Attractiveness, by Region
Figure 7: Europe Hydrogen Chloride Market Volume Share Analysis, by Type, 2022, 2027, and 2031
Figure 8: Europe Hydrogen Chloride Market Attractiveness, by Type
Figure 9: Europe Hydrogen Chloride Market Volume Share Analysis, by Application, 2022, 2027, and 2031
Figure 10: Europe Hydrogen Chloride Market Attractiveness, by Application
Figure 11: Europe Hydrogen Chloride Market Volume Share Analysis, by Country and Sub-region, 2022, 2027, and 2031
Figure 12: Europe Hydrogen Chloride Market Attractiveness, by Country and Sub-region
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