Hydrochloric Acid Market Information, Figures, and Analytical Insights 2034
Market Overview Hydrochloric acid is primarily produced as a co-product during the chlorination of organic compounds, especially in the manufacture of vinyl chloride monomer and other chlorinated hydrocarbons. It is also manufactured synthetically through the direct combination of hydrogen and chlorine gases. The acid is widely used for its ability to dissolve metal oxides, carbonates, and hydroxides, making it essential in metal refining , chemical synthesis , and pH control applications. Global Hydrochloric Acid Market size and share is currently valued at USD 2,198.13 million in 2024 and is anticipated to generate an estimated revenue of USD 4,053.16 million by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 6.3% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034 Market Trends & Opportunities Rising Demand from the Steel Industry One of...