The Europe hydrochloric acid market is projected to register a CAGR of 5.4% in the forecast period 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market Segmentation
Europe Hydrochloric Acid Market, By Type (Synthetic Hydrochloric Acid and By-Product Hydrochloric Acid), Form (Aqueous, Water-Based, and Solution), Application (Steel Pickling, Oil Well Acidizing, Ore Processing, Food Processing, Pool Sanitation, Calcium Chloride, and Others), Distribution Channel (Specialty Stores, E-Commerce, B2B, and Others), End-User (Food and Beverages, Steel Industry, Pharmaceuticals, Textile, Oil and Gas, Chemical Industry, and Others) Country (Germany, Italy, France, Russia, Spain, Turkey, U.K., Belgium, Switzerland, Netherlands, and Rest of Europe) Industry Trends and Forecast To 2030
Some of the major factors contributing to the growth of the Europe hydrochloric acid market:
Rising demand from the steel industry
Increasing demand for preservatives in packed food and beverages
Market Players
The key market players operating in the Europe hydrochloric acid market are listed below:
AGC Chemicals Americas
BASF SE
Covestro AG
Detrex Corporation
DuPont
EVERGROW
ICL
INOVYN
Ishtar Company LLC
Nouryon
Occidental Petroleum Corporation
Olin Corporation
Orica Limited
SEQENS
Solvay
Tessenderlo Group
TIB Chemicals AG
Tronox Holdings plc
Vynova Group
Westlake Corporation
TABLE OF CONTENTS
1 INTRODUCTION 22
1.1 OBJECTIVES OF THE STUDY 22
1.2 MARKET DEFINITION 22
1.3 OVERVIEW OF THE EUROPE HYDROCHLORIC ACID MARKET 22
1.4 LIMITATION 24
1.5 MARKETS COVERED 24
2 MARKET SEGMENTATION 26
2.1 MARKETS COVERED 26
2.2 GEOGRAPHICAL SCOPE 27
2.3 YEARS CONSIDERED FOR THE STUDY 28
2.4 CURRENCY AND PRICING 28
2.5 DBMR TRIPOD DATA VALIDATION MODEL 29
2.6 MULTIVARIATE MODELLING 32
2.7 TESTING TYPE LIFELINE CURVE 32
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 33
2.9 DBMR MARKET POSITION GRID 35
2.10 MARKET APPLICATION COVERAGE GRID 36
2.11 VENDOR SHARE ANALYSIS 37
2.12 SECONDARY SOURCES 38
2.13 ASSUMPTIONS 39
3 EXECUTIVE SUMMARY 40
4 PREMIUM INSIGHTS 42
5 IMPACT OF COVID-19 43
5.1 ANALYSIS OF THE IMPACT OF COVID-19 ON THE EUROPE HYDROCHLORIC ACID MARKET 43
5.2 AFTERMATH OF COVID-19 AND THE GOVERNMENT INITIATIVE TO BOOST THE EUROPE HYDROCHLORIC ACID MARKET 43
5.3 STRATEGIC DECISIONS FOR MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE 43
5.4 PRICE IMPACT 44
5.5 IMPACT ON DEMAND 44
5.6 IMPACT ON SUPPLY CHAIN 44
5.7 CONCLUSION 44
6 REGIONAL SUMMARY 45
6.1 OVERVIEW 45
7 MARKET OVERVIEW 46
7.1 DRIVERS 48
7.1.1 INCREASING DEMAND FOR PRESERVATIVES IN PACKED FOOD AND BEVERAGES 48
7.1.2 MAINTAIN AN OPTIMAL PH IN POOL WATER 48
7.1.3 INCREASING USE OF HYDROCHLORIC ACID IN CHEMICAL INDUSTRIES AND LABS 49
7.1.4 ACIDIZING IN OIL AND GAS INDUSTRY 50
7.1.5 INCREASING DEMAND FOR HYDROCHLORIC ACID IN METAL AND STEEL INDUSTRY 50
7.2 RESTRAINTS 51
7.2.1 THE REACTION OF HYDROCHLORIC ACID ON THE HUMAN BODY 51
7.2.2 NEED OF SKILLED WORKS TO MAINTAIN PROPER COMPOSITION OF HYDROCHLORIC ACID 52
7.2.3 CONCERNS RELATED TO STORAGE OF HYDROCHLORIC ACID 52
7.3 OPPORTUNITIES 53
7.3.1 INCREASING DEMAND FOR CLEANERS IN THE RESIDENTIAL SECTOR 53
7.3.2 USE OF HYDROCHLORIC ACID IN WASTEWATER TREATMENT 54
7.4 CHALLENGE 55
7.4.1 ENVIRONMENTAL EFFECTS OF HYDROCHLORIC ACID 55
8 EUROPE HYDROCHLORIC ACID MARKET, BY TYPE 56
8.1 OVERVIEW 57
8.2 SYNTHETIC HYDROCHLORIC ACID 58
8.3 BY-PRODUCT HYDROCHLORIC ACID 59
9 EUROPE HYDROCHLORIC ACID MARKET, BY FORM 60
9.1 OVERVIEW 61
9.2 AQUEOUS 62
9.3 WATER-BASED 63
9.4 SOLUTION 63
10 EUROPE HYDROCHLORIC ACID MARKET, BY APPLICATION 64
10.1 OVERVIEW 65
10.2 OIL WELL ACIDIZING 66
10.3 FOOD PROCESSING 67
10.4 STEEL PICKLING 67
10.5 ORE PROCESSING 67
10.6 POOL SANITATION 68
10.7 CALCIUM CHLORIDE 68
10.8 OTHERS 69
11 EUROPE HYDROCHLORIC ACID MARKET, BY DISTRIBUTION CHANNEL 70
11.1 OVERVIEW 71
11.2 B2B 72
11.3 SPECIALTY STORES 72
11.4 E-COMMERCE 73
11.5 OTHERS 74
12 EUROPE HYDROCHLORIC ACID MARKET, BY END USER 75
12.1 OVERVIEW 76
12.2 FOOD AND BEVERAGES 77
12.2.1 FOOD AND BEVERAGES, BY TYPE 78
12.2.1.1 SYNTHETIC HYDROCHLORIC ACID 78
12.2.1.1 BY-PRODUCT HYDROCHLORIC ACID 78
12.3 OIL AND GAS 78
12.3.1 OIL AND GAS, BY TYPE 79
12.3.1.1 SYNTHETIC HYDROCHLORIC ACID 79
12.3.1.2 BY-PRODUCT HYDROCHLORIC ACID 79
12.4 STEEL INDUSTRY 79
12.4.1 STEEL INDUSTRY, BY TYPE 80
12.4.1.1 SYNTHETIC HYDROCHLORIC ACID 80
12.4.1.2 BY-PRODUCT HYDROCHLORIC ACID 80
12.5 CHEMICAL INDUSTRY 80
12.5.1 CHEMICAL INDUSTRY, BY TYPE 80
12.5.1.1 SYNTHETIC HYDROCHLORIC ACID 81
12.5.1.2 BY-PRODUCT HYDROCHLORIC ACID 81
12.6 PHARMACEUTICALS 81
12.6.1 PHARMACEUTICALS, BY TYPE 81
12.6.1.1 SYNTHETIC HYDROCHLORIC ACID 82
12.6.1.2 BY-PRODUCT HYDROCHLORIC ACID 82
12.7 TEXTILE 82
12.7.1 TEXTILE, BY TYPE 83
12.7.1.1 SYNTHETIC HYDROCHLORIC ACID 83
12.7.1.2 BY-PRODUCT HYDROCHLORIC ACID 83
12.8 OTHERS 83
12.8.1 OTHERS, BY TYPE 83
12.8.1.1 SYNTHETIC HYDROCHLORIC ACID 84
12.8.1.2 BY-PRODUCT HYDROCHLORIC ACID 84
13 EUROPE HYDROCHLORIC ACID MARKET, BY COUNTRY 85
13.1 GERMANY 90
13.2 U.K. 97
13.3 FRANCE 104
13.4 ITALY 111
13.5 SPAIN 118
13.6 NETHERLANDS 125
13.7 BELGIUM 132
13.8 RUSSIA 139
13.9 TURKEY 146
13.10 SWITZERLAND 153
13.11 REST OF EUROPE 160
14 COMPANY LANDSCAPE 161
14.1 COMPANY SHARE ANALYSIS: EUROPE 161
15 SWOT ANALYSIS 162
16 COMPANY PROFILES 163
16.1 DUPONT (2023) 163
16.1.1 COMPANY SNAPSHOT 163
16.1.2 REVENUE ANALYSIS 163
16.1.3 PRODUCT PORTFOLIO 164
16.1.4 RECENT UPDATE 164
16.2 TRONOX HOLDINGS PLC 165
16.2.1 COMPANY SNAPSHOT 165
16.2.2 REVENUE ANALYSIS 165
16.2.3 PRODUCT PORTFOLIO 166
16.2.4 RECENT UPDATES 166
16.3 INOVYN 167
16.3.1 COMPANY SNAPSHOT 167
16.3.2 PRODUCT PORTFOLIO 167
16.3.3 RECENT UPDATES 168
16.4 OLIN CORPORATION 169
16.4.1 COMPANY SNAPSHOT 169
16.4.2 REVENUE ANALYSIS 169
16.4.3 PRODUCT PORTFOLIO 170
16.4.4 RECENT UPDATE 170
16.5 BASF SE 171
16.5.1 COMPANY SNAPSHOT 171
16.5.2 REVENUE ANALYSIS 171
16.5.3 PRODUCT PORTFOLIO 172
16.5.4 RECENT UPDATE 172
16.6 AGC CHEMICALS AMERICAS 173
16.6.1 COMPANY SNAPSHOT 173
16.6.2 REVENUE ANALYSIS 173
16.6.3 PRODUCT PORTFOLIO 174
16.6.4 RECENT UPDATE 174
16.7 COVESTRO AG 175
16.7.1 COMPANY SNAPSHOT 175
16.7.2 REVENUE ANALYSIS 175
16.7.3 PRODUCT PORTFOLIO 176
16.7.4 RECENT UPDATES 176
16.8 DETREX CORPORATION 177
16.8.1 COMPANY SNAPSHOT 177
16.8.2 PRODUCT PORTFOLIO 178
16.8.3 RECENT UPDATE 178
16.9 EVERGROW 179
16.9.1 COMPANY SNAPSHOT 179
16.9.2 PRODUCT PORTFOLIO 179
16.9.3 RECENT UPDATE 179
16.10 ICL (2023) 180
16.10.1 COMPANY SNAPSHOT 180
16.10.2 PRODUCT PORTFOLIO 180
16.10.3 RECENT UPDATE 180
16.11 ISHTAR COMPANY LLC 181
16.11.1 COMPANY SNAPSHOT 181
16.11.2 PRODUCT PORTFOLIO 181
16.11.3 RECENT UPDATE 181
16.12 NOURYON 182
16.12.1 COMPANY SNAPSHOT 182
16.12.2 PRODUCT PORTFOLIO 182
16.12.3 RECENT UPDATES 183
16.13 OCCIDENTAL PETROLEUM CORPORATION 184
16.13.1 COMPANY SNAPSHOT 184
16.13.2 REVENUE ANALYSIS 184
16.13.3 PRODUCT PORTFOLIO 185
16.13.4 RECENT UPDATE 185
16.14 ORICA LIMITED. (2023) 186
16.14.1 COMPANY SNAPSHOT 186
16.14.2 REVENUE ANALYSIS 186
16.14.3 PRODUCT PORTFOLIO 187
16.14.4 RECENT UPDATE 187
16.15 SEQENS 188
16.15.1 COMPANY SNAPSHOT 188
16.15.2 PRODUCT PORTFOLIO 188
16.15.3 RECENT UPDATES 189
16.16 SOLVAY (2023) 190
16.16.1 COMPANY SNAPSHOT 190
16.16.2 REVENUE ANALYSIS 190
16.16.3 PRODUCT PORTFOLIO 191
16.16.4 RECENT UPDATE 191
16.17 TESSENDERLO GROUP 192
16.17.1 COMPANY SNAPSHOT 192
16.17.2 REVENUE ANALYSIS 192
16.17.3 PRODUCT PORTFOLIO 193
16.17.4 RECENT UPDATES 193
16.18 TIB CHEMICALS AG 194
16.18.1 COMPANY SNAPSHOT 194
16.18.2 PRODUCT PORTFOLIO 194
16.18.3 RECENT UPDATE 194
16.19 VYNOVA GROUP 195
16.19.1 COMPANY SNAPSHOT 195
16.19.2 PRODUCT PORTFOLIO 195
16.19.3 RECENT UPDATE 195
16.20 WESTLAKE CORPORATION 196
16.20.1 COMPANY SNAPSHOT 196
16.20.2 REVENUE ANALYSIS 196
16.20.3 PRODUCT PORTFOLIO 197
16.20.4 RECENT UPDATE 197
17 QUESTIONNAIRE 198
18 RELATED REPORTS 202