Hydrochloric Acid Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, Japan, Germany, UK - Size and Forecast 2024-2028

Published: Oct 2023 Pages: 173 SKU: IRTNTR71836

Hydrochloric Acid Market Forecast 2024-2028 

The Hydrochloric Acid Market size is forecast to increase by USD 978.77 million at a CAGR of 6.12% between 2023 and 2028.

The market growth is primarily driven by the increasing demand for PVC, a widely utilized plastic derived from the polymerization of vinyl chloride monomer. A notable trend shaping market expansion is the proliferation of manufacturing facilities, enabling market players to enhance their market presence. However, the market faces challenges due to the availability of substitutes like emerald-safe acid, phosphoric acid, sodium bisulfate, and trisodium phosphate, which offer similar properties. This necessitates strategic measures to address competition from substitutes and maintain market growth momentum.

What will be the size of the Hydrochloric Acid  Market During the Forecast Period?

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HCl, commonly known as Muriatic Acid in its industrial form, is a vital mineral acid with the chemical formula HCl. In its aqueous solution, it is referred to as liquid or hydrogen chloride. In the food and beverage industry, hydrochloric acid plays a role in concrete treatment, tire ballasting, and oil recovery. Its usage is regulated by environmental regulations due to its potential environmental impacts and classification as hazardous waste, which can lead to shipping delays. Moreover, in the building and automobile industries, hydrochloric acid plays a vital role in acid usage and pickling steel alloy, crucial for removing rust and iron oxide scale from stainless steel surfaces.

Hydrochloric Acid Market Dynamics and Customer Landscape

The market is deeply intertwined with various industries and processes, ranging from steel production to water treatment. Its pivotal role in pickling steel, regulating pH levels, and neutralizing compounds underscores its significance in industrial processing. Moreover, hydrochloric acid finds extensive use in the pharmaceutical sector for various applications. However, its widespread usage raises concerns about environmental pollution and corrosion, necessitating effective storage and transport measures. As industries continue to grow, particularly in steel production and mining, the demand for hydrochloric acid is expected to rise, driving further innovation in its production and application methods. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Growing demand for PVC is the key factor driving market growth. PVC is one of the most broadly used plastics, which is made by the polymerization of the vinyl chloride monomer.  is generally used in the manufacturing of organic compounds such as dichloroethane and vinyl chloride, which is then used to manufacture PVC. PVC has an amorphous structure with chlorine atoms. It has fire-retardant properties and oil/chemical resistance.

Moreover, PVC is widely used in many products, such as pipes and fittings, rigid plates, rigid films, flooring, automotive parts, cables and wires, and packaging materials. With the increasing use of PVC in various applications, it is expected that the demand for this acid will grow, thereby driving the growth of the market during the forecast period.

Key Market Trends

Expansion of facilities is the primary trend shaping market growth. The expansion of manufacturing activities helps market players to increase their market shares. The significant growth in many end-user industries, like oil and gas, steel, and chemicals, has encouraged major players to opt for the growth of their manufacturing and storage & transport facilities across the globe.

For example, in February 2021, SGL Carbon delivered a hydrochloric synthesis unit with integrated steam generation to Travancore-Cochin Chemicals Ltd. Such developments are expected to strengthen the market presence of players by enabling them to deliver a diverse portfolio of products in the market. Thus, such factors are likely to boost the growth of the market during the forecast period.

Key Market Challenge

Availability of substitutes is a challenge that affects market growth. There are numerous substitutes available in the market, such as emerald-safe acid, phosphoric acid, sodium bisulfate, and trisodium phosphate, which have identical properties. These chemicals or compounds can be utilized as substitutes for this acid (even in large volumes), are favourably corrosive and toxic in nature.

Moreover, emerald-safe acid, phosphoric acid, and sodium bisulfate are currently used as substitutes for in major applications. Similarly, phosphoric acid emits less vapor, which is, therefore, less harmful to the environment. Therefore, the availability of such substitutes is expected to impede the growth of the market during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.

Global Market Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • AGC Inc.: The company offers strong acid products with acute toxicity and corrosivity.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • BASF SE
  • Coogee
  • Covestro AG
  • ERCO Worldwide
  • FSTI Inc.
  • INOVYN Europe Ltd.
  • Italmatch Chemicals Spa
  • Jones Hamilton Co.
  • Kemira Oyj
  • Merck KGaA
  • Occidental Petroleum Corp.
  • Olin Corp.
  • PCC SE
  • Qingdao Hisea Chem Co. Ltd.
  • Shiva Group
  • SPOLANA s.r.o.
  • Tessenderlo Group NV
  • W.K. Merriman Inc.
  • Westlake Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Segmentation

This market report extensively covers market segmentation by end-user (food, steel, oil, chemicals, and ore processing and others), grade type (by-product grade and synthetic grade), and geography (APAC, North America, Europe, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018-2022. The oil and gas, food and beverage, calcium chloride segment, and chemical industries. With applications in oil well acidizing, food processing, and steel pickling operations, it serves as a key component in various industrial processes. In the oil and gas industry, this acid is vital for acidifying oil wells and facilitating oil extraction and oil recovery with oil exploration. Moreover, it finds extensive use in mining operations in the mining sector for ore processing and dust management. In the food and beverage sector, it is utilized for purposes ranging from table salt purification to acidifying sauces, ensuring quality and safety in food production.

Additionally, its significance extends to the Pharmaceutical sector, chemical industry segments, and metal stain removal, reflecting its versatility and widespread application across multiple domains. As technological advancements continue to drive innovation, it remains integral in various emerging fields, including lithium-ion batteries and lithium-ion engines production, smart gadgets, and medical device components, highlighting its indispensable role in modern industrial processes.

By End-User 

The food segment is estimated to witness significant growth during the forecast period.  is used in the processing of many types of products in the food industry; for example, it is used to produce corn syrup, such as high fructose corn syrup (HFCS). HFCS is mainly used in beverage production. The majority of consumed in the HFCS industry is used to regenerate ion exchange resins,  used to remove impurities.

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The food segment was the largest segment and was valued at USD 689.47 million in 2018In addition, is used as an acidifier for sauces, vegetable juices, and canned goods. The rising global agricultural industry will fuel the market. The growth in the agricultural value addition will increase the production of corn, which will help to propel the production of corn syrups. This will drive the growth of the market during the forecast period.

Hydrochloric Acid Regional Insights

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APAC is estimated to contribute 68% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. China is the main consumer of this acid in the region owing to its growing demand for the production of PVC. Furthermore, the increasing consumption in major end-user industries such as food, steel, oil and gas, and others is expected to boost the demand. In addition, with the growth of the pharmaceutical, chemical, textile, and other end-user industries in APAC, it is expected that the demand for this acid will grow significantly during the forecast period.

Market Analyst Overview

The market is deeply entrenched in various sectors, from water & wastewater treatment to the pickling of steel and inorganic compound production. With a pivotal role in pH control and neutralization, it facilitates crucial processes like the regeneration of ion exchangers while combating environmental pollution. In the steel industry, it plays a vital role in crude steel production and ensuring the technical quality of carbon steel grades. Advanced technologies like the fluidized regeneration process and spray roaster enhance efficiency, while applications extend to pulp and paper mills, where it aids in kraft recovery furnace operations and paper manufacturing processes.

Its significance also extends to municipal solid waste treatment and energy consumption optimization in various industries. From waste incinerators to oil well acidizing and food & beverages processing, it remains indispensable, ensuring environmental compliance while catering to industrial demands. Moreover, with ongoing developments in the oil and gas industry, chemical industry, and automotive sector, the demand continues to grow, highlighting its crucial role in various aspects of modern industrialization.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • End-user Outlook
    • Food
    • Steel
    • Oil
    • Chemicals
    • Ore processing and others
  • Grade Type Outlook
    • By-product grade
    • Synthetic grade
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Scope

Report Coverage

Details

Page number

173

Base year

2023

Historic period

2018 - 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.12%

Market growth 2024-2028

USD 978.77 million

Market structure

Fragmented

YoY growth 2023-2024(%)

5.72

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 68%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

AGC Inc., BASF SE, Coogee, Covestro AG, ERCO Worldwide, FSTI Inc., INOVYN Europe Ltd., Italmatch Chemicals Spa, Jones Hamilton Co., Kemira Oyj, Merck KGaA, Occidental Petroleum Corp., Olin Corp., PCC SE, Qingdao Hisea Chem Co. Ltd., Shiva Group, SPOLANA s.r.o., Tessenderlo Group NV, W.K. Merriman Inc., and Westlake Corp.

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Grade Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global hydrochloric acid market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global hydrochloric acid market 2018 - 2022 ($ million)
    • 4.2 End-User Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – End-User Segment 2018 - 2022 ($ million)
    • 4.3 Grade Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Grade Type Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Food - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Food - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Food - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Food - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Food - Year-over-year growth 2023-2028 (%)
    • 6.4 Steel - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Steel - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Steel - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Steel - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Steel - Year-over-year growth 2023-2028 (%)
    • 6.5 Oil - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Oil - Market size and forecast 2023-2028 ($ million)
      • Exhibit 43: Data Table on Oil - Market size and forecast 2023-2028 ($ million)
      • Exhibit 44: Chart on Oil - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Oil - Year-over-year growth 2023-2028 (%)
    • 6.6 Chemicals - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Chemicals - Market size and forecast 2023-2028 ($ million)
      • Exhibit 47: Data Table on Chemicals - Market size and forecast 2023-2028 ($ million)
      • Exhibit 48: Chart on Chemicals - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Chemicals - Year-over-year growth 2023-2028 (%)
    • 6.7 Ore processing and others - Market size and forecast 2023-2028
      • Exhibit 50: Chart on Ore processing and others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 51: Data Table on Ore processing and others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 52: Chart on Ore processing and others - Year-over-year growth 2023-2028 (%)
      • Exhibit 53: Data Table on Ore processing and others - Year-over-year growth 2023-2028 (%)
    • 6.8 Market opportunity by End-user
      • Exhibit 54: Market opportunity by End-user ($ million)
      • Exhibit 55: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Grade Type

    • 7.1 Market segments
      • Exhibit 56: Chart on Grade Type - Market share 2023-2028 (%)
      • Exhibit 57: Data Table on Grade Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Grade Type
      • Exhibit 58: Chart on Comparison by Grade Type
      • Exhibit 59: Data Table on Comparison by Grade Type
    • 7.3 By-product grade - Market size and forecast 2023-2028
      • Exhibit 60: Chart on By-product grade - Market size and forecast 2023-2028 ($ million)
      • Exhibit 61: Data Table on By-product grade - Market size and forecast 2023-2028 ($ million)
      • Exhibit 62: Chart on By-product grade - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on By-product grade - Year-over-year growth 2023-2028 (%)
    • 7.4 Synthetic grade - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Synthetic grade - Market size and forecast 2023-2028 ($ million)
      • Exhibit 65: Data Table on Synthetic grade - Market size and forecast 2023-2028 ($ million)
      • Exhibit 66: Chart on Synthetic grade - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Synthetic grade - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Grade Type
      • Exhibit 68: Market opportunity by Grade Type ($ million)
      • Exhibit 69: Data Table on Market opportunity by Grade Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 72: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 Japan - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 UK - Market size and forecast 2023-2028
      • Exhibit 111: Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 112: Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 113: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 AGC Inc.
              • Exhibit 123: AGC Inc. - Overview
              • Exhibit 124: AGC Inc. - Business segments
              • Exhibit 125: AGC Inc. - Key news
              • Exhibit 126: AGC Inc. - Key offerings
              • Exhibit 127: AGC Inc. - Segment focus
            • 12.4 BASF SE
              • Exhibit 128: BASF SE - Overview
              • Exhibit 129: BASF SE - Business segments
              • Exhibit 130: BASF SE - Key news
              • Exhibit 131: BASF SE - Key offerings
              • Exhibit 132: BASF SE - Segment focus
            • 12.5 Coogee
              • Exhibit 133: Coogee - Overview
              • Exhibit 134: Coogee - Product / Service
              • Exhibit 135: Coogee - Key offerings
            • 12.6 Covestro AG
              • Exhibit 136: Covestro AG - Overview
              • Exhibit 137: Covestro AG - Business segments
              • Exhibit 138: Covestro AG - Key news
              • Exhibit 139: Covestro AG - Key offerings
              • Exhibit 140: Covestro AG - Segment focus
            • 12.7 ERCO Worldwide
              • Exhibit 141: ERCO Worldwide - Overview
              • Exhibit 142: ERCO Worldwide - Product / Service
              • Exhibit 143: ERCO Worldwide - Key offerings
            • 12.8 FSTI Inc.
              • Exhibit 144: FSTI Inc. - Overview
              • Exhibit 145: FSTI Inc. - Product / Service
              • Exhibit 146: FSTI Inc. - Key offerings
            • 12.9 INOVYN Europe Ltd.
              • Exhibit 147: INOVYN Europe Ltd. - Overview
              • Exhibit 148: INOVYN Europe Ltd. - Product / Service
              • Exhibit 149: INOVYN Europe Ltd. - Key offerings
            • 12.10 Italmatch Chemicals Spa
              • Exhibit 150: Italmatch Chemicals Spa - Overview
              • Exhibit 151: Italmatch Chemicals Spa - Business segments
              • Exhibit 152: Italmatch Chemicals Spa - Key offerings
              • Exhibit 153: Italmatch Chemicals Spa - Segment focus
            • 12.11 Jones Hamilton Co.
              • Exhibit 154: Jones Hamilton Co. - Overview
              • Exhibit 155: Jones Hamilton Co. - Product / Service
              • Exhibit 156: Jones Hamilton Co. - Key offerings
            • 12.12 Kemira Oyj
              • Exhibit 157: Kemira Oyj - Overview
              • Exhibit 158: Kemira Oyj - Business segments
              • Exhibit 159: Kemira Oyj - Key news
              • Exhibit 160: Kemira Oyj - Key offerings
              • Exhibit 161: Kemira Oyj - Segment focus
            • 12.13 Merck KGaA
              • Exhibit 162: Merck KGaA - Overview
              • Exhibit 163: Merck KGaA - Business segments
              • Exhibit 164: Merck KGaA - Key news
              • Exhibit 165: Merck KGaA - Key offerings
              • Exhibit 166: Merck KGaA - Segment focus
            • 12.14 Occidental Petroleum Corp.
              • Exhibit 167: Occidental Petroleum Corp. - Overview
              • Exhibit 168: Occidental Petroleum Corp. - Business segments
              • Exhibit 169: Occidental Petroleum Corp. - Key offerings
              • Exhibit 170: Occidental Petroleum Corp. - Segment focus
            • 12.15 Olin Corp.
              • Exhibit 171: Olin Corp. - Overview
              • Exhibit 172: Olin Corp. - Business segments
              • Exhibit 173: Olin Corp. - Key offerings
              • Exhibit 174: Olin Corp. - Segment focus
            • 12.16 PCC SE
              • Exhibit 175: PCC SE - Overview
              • Exhibit 176: PCC SE - Product / Service
              • Exhibit 177: PCC SE - Key offerings
            • 12.17 Westlake Corp.
              • Exhibit 178: Westlake Corp. - Overview
              • Exhibit 179: Westlake Corp. - Business segments
              • Exhibit 180: Westlake Corp. - Key offerings
              • Exhibit 181: Westlake Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 182: Inclusions checklist
                • Exhibit 183: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 184: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 185: Research methodology
                • Exhibit 186: Validation techniques employed for market sizing
                • Exhibit 187: Information sources
              • 13.5 List of abbreviations
                • Exhibit 188: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              hydrochloric acid market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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