1. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Hydrochloric Acid Market – Global Industry Forecast & Analysis over 2019 - 2025 www.gminsights.com

2.  Hydrochloric acid is also called as muriatic acid and is a strong hydrogen chloride solution in water. The chemical is also generated as a byproduct in manufacturing of several organic chemical through chlorination reactions. For instance, HCL is produced by cracking of ethylene dichloride into vinyl chloride monomers. The product is also generated in the manufacturing process of chlorinated C1s also called as chloroform and primary methylene chloride. Around 40 chemical processes produce hydrochloric acid as coproduct and almost 110 chemical processes utilize the compound as raw material.  Rising demand from end user industries like food processing, water treatment and oil and gas is the major driver likely to uplift the global hydrochloric acid market growth in the forthcoming years. Furthermore, rising product demand in pharmaceutical and steel industry is anticipated to trigger the market growth by 2025. For instance, it is used as a reducing agent in deionizing processes and as catalyst in the pharmaceutical industry. © 2017 Global Market Insights, Inc. USA. All Rights Reserved  Hydrochloric Acid Market Scenario: www.gminsights.com

3.  Hydrochloric acid market is generally categorized into synthetic hydrochloric acid and by-product hydrochloric acid. Synthetic HCL is generally found as hydrogen chloride aqueous solution which is acidic in nature. This category of acid is quite easy in handling and is used for neutralization and in pH balancing. The product is also used in industrial chemicals, food and for treatment of metal surface. On the other, by product hydrochloric acid is generated during manufacturing of silica and other organic chemicals. For instance, HCL is generated as a byproduct in the manufacturing process of chloroethane to produce PVC.  Some of the end user industries of hydrochloric acid market id includes food & beverage, oil & gas, steel, pharmaceutical and other industries. HCL is used to remove dust and unwanted deposits of carbonates in the oil wells to allow crude oil or gas flow in the well. This application is called as stimulation. In steel industry, the product is utilized in steel pickling operations in stainless steel, carbon and alloys. Continue :- © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Request for table of content of this Report @ https://www.gminsights.com/request-toc/upcoming/4006 https://www.gminsights.com/request-toc/upcoming/4006

4. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/4006  Competitive Analysis:  Some of the key hydrochloric acid market participants are AkzoNobel N.V., Compound Solutions Inc, Allan Chemical Corporation, Eco-Tec, Brainerd Chemical Co, Inc. and Qingdao Henley Co., Ltd. Industry rivalry in the market is quite high as a result of increasing mergers and acquisition in the industry. For instance, PVS acquired chorolkali plant in Thailand to increase its customer base in the region.  Regional Analysis:  Asia Pacific and North America emerged as the largest hydrochloric acid market in 2018. Growing food and beverage industry in the region due to robust population growth is expected to drive the overall product demand in the near future. Moreover, hydrochloric acid production in North America has been witnessing high growth rates as a result of availability of low-price feedstocks supported by unconventional crude oil boom. North America demand is concentrated to oil and gas industry as the product is extensively used in hydraulic fracturing.

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