Hydrochloric Acid Market Size to Grow by USD 978.77 million, 5.72% YOY market growth in 2023-2024, Technavio

Key Facts

The hydrochloric acid market size is estimated to grow at a CAGR of 6.12% between 2023 and 2028.
Discover some insights on market size historic period (2017 to 2021) and Forecast (2023 to 2027) before buying the full report Technavio has announced its latest market research report titled Global Hydrochloric Acid Market 2024-2028 Request a sample report Report Coverage Details Page number 173 Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 6.12% Market growth 2024-2028 USD 978.77 million Market structure Fragmented YoY growth 2023-2024(%) 5.72 Regional analysis APAC, North America, Europe, Middle East and Africa, and South America Performing market contribution APAC at 68% Key countries US, China, Japan, Germany, and UK Vendor Analysis Vendor Landscape - The global hydrochloric acid market is fragmented, with the presence of several global as well as regional vendors.
The report provides actionable insights and estimates the contribution of all regions to the growth of the global hydrochloric acid market.
For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 Download a Sample Report Growing demand for PVC is the key factor driving market growth Hydrochloric acid plays a vital role in PVC production, where it's utilized to manufacture key components like dichloroethane and vinyl chloride.