Global Hydrochloric Acid
Market Report
2025
The global hydrochloric acid market was valued at USD 7.83 billion in 2022 and is projected to reach USD 8.68 billion by 2030, registering a CAGR of 4.2 % for the forecast period 2023-2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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The global hydrochloric acid market was valued at USD 7.83 billion in 2022 and is projected to reach USD 8.68 billion by 2030, registering a CAGR of 4.2 % for the forecast period 2023-2030.
2021 | 2025 | 2033 | CAGR | |
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Global Hydrochloric Acid Market Sales Revenue | 121212 | 121212 | 121212 | 4.2% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Product |
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Market Split by Application |
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Market Split by End-User |
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Market Split by Grade |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Hydrochloric Acid Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Hydrochloric acid also known as muriatic acid, is a colorless corrosive, strong mineral acid with many industrial uses among which, when it reacts with an organic base it forms a hydrochloride salt. In addition Hydrochloric acid is a versatile chemical that is used in the chemical industry as a chemical reagent in the large-scale production of vinyl chloride for PVC plastic, and polyurethane. It has numerous other industrial uses such as hydrometallurgical processing, it is also used for the production of alumina or titanium dioxide, chlorine activation of petroleum wells, and others. Hydrochloric acid may be manufactured by several different processes. Hydrochloric acid is a good choice for water treatment applications owing to its ability to neutralize impurities. Oils and food waste are emulsified and broken down by this acid during the treatment of industrial effluent. This wastewater treatment procedure is essential for steel production to adhere to environmental wastewater rules Growing concern regarding the environment is further motivating individuals to treat water which is rising demand for hydrochloric acid globally.
Increasing adoption of hydrochloric acid in numerous chemical industries for the production of inorganic and organic compounds is expected to positively impact the revenue growth of the market over the forecast period. Inorganic compounds include calcium chloride for deicing roads in winter, zinc chloride for battery production, and water treatment chemicals such as Polyaluminium Chloride (PAC). Organic compounds include dichloromethane and vinyl chloride to produce Polyvinyl Chloride (PVC) and Bisphenol A (BPA) which is rising demand for hydrochloric acid globally. In addition, Hydrochloric acid is used to regulate pH in several treatment and manufacturing processes and pharmaceuticals, drinking water, swimming pools, and food and beverages industries. Furthermore, rising demand for food products with a longer shelf life is supporting market revenue growth. For instance, hydrochloric acid is used as an acidifier in vegetable juices and sauces to help enhance flavor and reduce spoilage which is expected to drive global hydrochloric acid market revenue growth.
Restraining Factor:
Hydrochloric acid causes damage to health including chemical burns and can lead to blindness. Continuous exposure to acid can lead to gastritis, chronic bronchitis and other conditions, which have limitations to use. Acute inhalation exposure may cause coughing, hoarseness, inflammation and ulceration of the respiratory tract, chest pain, and pulmonary edema in humans. In addition, Acute oral exposure may cause mucous membranes, esophagus, and stomach corrosion, with nausea, vomiting, and diarrhea reported in humans. Acute animal tests in rats, mice, and rabbits, have demonstrated hydrochloric acid to have moderate to high acute toxicity from inhalation and moderate acute toxicity from oral exposure across the globe government has implemented regulations to control the use and disposal of hydrochloric acid to protect the environment and health which hinder the market. According to research, the government also introduced new measures for preventing acid attacks and other violent crimes which are limiting acid production accordingly. These are some major factors that hamper the global hydrochloric acid market revenue growth.
Impact of the COVID-19 Pandemic on the hydrochloric acid Market:
The hydrochloric acid market benefited from COVID-19. Due to increased COVID-19 concerns, there is an increase in demand for disinfecting homes and businesses. This has affected the demand for many different substances, such as sodium chloride, ethyl alcohol, lactic acid, hydrochloric acid, and others. A variety of products, such as solutions, liquid hand soap, wipes, sanitizers, mists, and more, contain components that increase the demand for hydrochloric acid. The popularity of a number of medical applications, such as disinfectants, fungicides, and microbicides for hydrochloric acid, as well as antivirus software, is anticipated to fuel market revenue growth over the forecast period.
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August 2021:
Occidental Petroleum Corporation closed its Niagara Falls plant, which was responsible for the production of chlorine, hydrochloric acid, sodium hypochlorite, and caustic soda.
March 2021:
AGC integrated and reorganized its three Chlor-Alkali companies in Thailand and CLMV Markets. With this, AGC dissolved three companies to merge them into one.
Top Companies Market Share in Hydrochloric Acid Industry: (In no particular order of Rank)
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North America dominated the hydrochloric acid market in 2022 Chlorides, dyes, and fertilizers, which are crucial for expanding agriculture in this area, are produced using hydrochloric acid. The food sector has played a significant role in sustaining this world’s economy and creating jobs. Agriculture accounts for around 18% of the world’s economy and nearly 29% of all jobs, further boosting the market growth in the region.
Asia Pacific is expected to have significant growth over the forecast period due to the increasing population of people rising the adoption of hydrochloric acid in various endures industries during the anticipated period, the Asia Pacific market is anticipated to continue to grow steadily in terms of revenue. Numerous industries use hydrochloric acid, including the textile business for bleaching purposes and the rubber industry to make an impenetrable membrane by reacting with rubber hydrocarbons. Due to its capabilities for appropriately purifying steel, hydrochloric acid is in greater demand in this region in China, which also has the largest textile and steel industries. Large corporations are buying up tiny enterprises to meet the enormous demands coming from various industries. which is anticipated to grow the hydrochloric acid market growth.
The current report Scope analyzes Hydrochloric Acid Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Hydrochloric Acid Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Hydrochloric Acid Industry growth. Hydrochloric Acid market has been segmented with the help of its Product, Application End-User, and others. Hydrochloric Acid market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on product type the global hydrochloric acid is segmented into synthetic hydrochloric acid and by-product hydrochloric acid. In 2021, synthetic hydrochloric acid dominated the market with a high market share. Synthetic hydrochloric acid is an aqueous solution of hydrogen chloride. This hydrochloric acid has several applications like it being used in PH adjustment and neutralization. Synthetic hydrochloric acid helps in the production of chlorides, fertilizers, textiles, and rubber industries and so it is generally used worldwide and has captured the market. As hydrochloric acid has many applications it is expected to boost at a tremendous rate.
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By application, the market is bifurcated into steel pickling, water treatment, oil well acidizing, ore processing, calcium chloride production, food production, and others. The steel pickling market dominates the market share. Steel demand is being impacted by the building sector's rapid expansion worldwide. Hydrochloric acid is usually included in the pickling solution. Large-scale continuous treatment techniques including wire pickling, metal stripping, and the regeneration of depleted pickling solutions are advantages of using hydrochloric acid. These factors, which are anticipated to fuel this segment's revenue growth, lead to an increase in the use of hydrochloric acid due to the increased demand for steel globally. Another factor promoting the development of steel is the increased demand for steel-based products which is predicted to boom the segment for the forecast period.
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The global hydrochloric acid market is divided into food and beverage, oil and gas, steel, pharmaceutical, textiles, agricultural, and others based on the end-use industry. Global demand for hydrochloric acid is rising as a result of an expanding population, increased food demand, and widespread usage of HCL in the manufacture of food additives and chemicals. HCL, for instance, aids in the synthesis of maize sugar, glucose, and the purification of table salt. As food enhancers, common goods include lysine, fructose, citric acid, aspartame, and hydrolyzed vegetable protein. The food industry uses hydrochloric acid in the processing of a wide variety of food products, including corn syrups used in soft beverages, cookies, crackers, ketchup, and cereals to enhance flavor is predicted to fuel the segment growth.
Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Hydrochloric Acid Market is witnessing significant growth in the near future.
In 2023, the Synthetic segment accounted for noticeable share of global Hydrochloric Acid Market and is projected to experience significant growth in the near future.
The Steel pickling segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies BASF SE , Covestro AG and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product | Synthetic, By Product |
Application | Steel pickling, Oil Well Acidizing, Ore Processing, Food Processing, Pool sanitation, Calcium Chloride, Biodiesel, Water treatment, other |
End-User | Food and Beverage, Pharmaceuticals, Textile, Steel, Oil and Gas, Chemicals, Others |
Grade | Food, Industrial, Pharmaceutical |
Distribution Channel | Online, Offline |
List of Competitors | BASF SE, Coogee, Covestro AG, Detrex Corporation, ERCO Worldwide, Ercros S.A, Nouryon, Olin Corporation, Westlake Corporation |
This chapter will help you gain GLOBAL Market Analysis of Hydrochloric Acid. Further deep in this chapter, you will be able to review Global Hydrochloric Acid Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Hydrochloric Acid. Further deep in this chapter, you will be able to review North America Hydrochloric Acid Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Hydrochloric Acid. Further deep in this chapter, you will be able to review Europe Hydrochloric Acid Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Hydrochloric Acid. Further deep in this chapter, you will be able to review Asia Pacific Hydrochloric Acid Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Hydrochloric Acid. Further deep in this chapter, you will be able to review South America Hydrochloric Acid Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Hydrochloric Acid. Further deep in this chapter, you will be able to review Middle East Hydrochloric Acid Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Hydrochloric Acid. Further deep in this chapter, you will be able to review Middle East Hydrochloric Acid Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Hydrochloric Acid. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by End-User Analysis 2021 - 2033
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Chapter 13 Market Split by Grade Analysis 2021 - 2033
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Chapter 14 Market Split by Distribution Channel Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Hydrochloric Acid market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 16 Research Methodology and Sources
Why Synthetic have a significant impact on Hydrochloric Acid market? |
What are the key factors affecting the Synthetic and By Product of Hydrochloric Acid Market? |
What is the CAGR/Growth Rate of Steel pickling during the forecast period? |
By type, which segment accounted for largest share of the global Hydrochloric Acid Market? |
Which region is expected to dominate the global Hydrochloric Acid Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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