High-purity hydrochloric acid is a pure aqueous solution of hydrogen chloride. It is a strong volatile acid with a pungent odor, toxic, and corrosive. It reacts easily with most metals and metal oxides.
In the consumption market, China and North America are the main consumption regions due to the bigger demand of downstream applications. In 2017, these two regions occupied 59.73% of the global consumption volume in total.
High-pure hydrochloric acid has several grades with different concentration, which include high-pure hydrochloric acid 31-33%, high-pure hydrochloric acid 33%. And each type has different applications relatively with different properties. With the advantages of high-pure hydrochloric acid, the downstream application industries will need more high-pure hydrochloric acid products. So, high-pure hydrochloric acid has huge market potential in the future.
The major raw material for high-pure hydrochloric acid is hydrogen and chlorine. There is fluctuation in the price of raw materials in the past few years. The production cost of high-pure hydrochloric acid is also an important factor which could impact the price of high-pure hydrochloric acid.
According to this study, over the next five years, the High-pure Hydrochloric Acid market will register a 5.8% CAGR in terms of revenue, the global market size will reach US$ 160 million by 2024, from US$ 110 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in High-pure Hydrochloric Acid business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of High-pure Hydrochloric Acid market by product type, application, key manufacturers and key regions and countries.
This study considers the High-pure Hydrochloric Acid value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3: and forecast to 2024 in section 11.7.
- Concentration: 31-33%
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4: and forecast to 2024 in section 11.8.
- Food Ingredient & Supplement
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- United States
- Southeast Asia
- Middle East & Africa
- South Africa
- GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- Oxy Chem
- Detrex Chemicals
- KMG Electronic Chemicals
- Akzo Nobel
- PCC Group
- Dongyue Group Ltd
- Jinmao Group
- Suhua Group
- Siping Haohua Chemical
- Suzhou Crystal Clear Chemical
- Jianghua Microelectronics Materials
- Chuandong Chemical
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global High-pure Hydrochloric Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of High-pure Hydrochloric Acid market by identifying its various sub-segments.
- Focuses on the key global High-pure Hydrochloric Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in the next few years.
- To analyze the High-pure Hydrochloric Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of High-pure Hydrochloric Acid submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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