IMARC Group, a leading market research company, has recently released a report titled "Hydrochloric Acid Market Size, Share, Trends, and Forecast by Grade, Application, End User, and Region 2025-2033", The study provides a detailed analysis of the industry, including the global hydrochloric acid market share, size, growth, trends, and forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Hydrochloric Acid Market Overview

The global hydrochloric acid market was valued at USD 2.57 Billion in 2024 and is forecasted to reach USD 4.02 Billion by 2033, growing at a CAGR of 4.87% during the 2025-2033 period. The market is driven by its extensive applications in industries such as steel (for pickling), chemical manufacturing, water treatment, food processing, and oil & gas. Asia-Pacific dominates the market with over 42.6% share in 2024, fueled by urbanization and industrial growth.

Study Assumption Years

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

Hydrochloric Acid Market Key Takeaways

• Current Market Size: USD 2.57 Billion in 2024
• CAGR: 4.87% during 2025-2033
• Forecast Period: 2025-2033
• Asia-Pacific accounts for the largest market share of over 42.6% in 2024.
• Steel pickling is the leading application segment with 32.2% market share in 2024.
• Food and beverages is the leading end-user sector with 30.9% share in 2024.
• Key growth drivers include expanding industrialization, water treatment regulations, and rising demand from steel and chemical industries.
• The U.S. market holds a dominant share within North America, notably over 89.90%.

Request Your Free “Hydrochloric Acid Market” Insights Sample PDF: https://www.imarcgroup.com/hydrochloric-acid-market/requestsample

Market Growth Factors

The hydrochloric acid market growth is primarily driven by its versatile applications across major industries. In steel manufacturing, hydrochloric acid is essential for pickling processes that remove impurities and rust from steel surfaces, which is critical for the construction and automotive sectors. Global steel consumption is projected to rise from about 1,764 million metric tons in 2023 to between 1,950 and 2,000 million metric tons by 2035. This increasing steel demand underscores the growing need for hydrochloric acid in ensuring high-quality steel production.

The chemical manufacturing sector extensively uses hydrochloric acid as a reagent to produce organic and inorganic compounds, including chlorides, fertilizers, and polymers like PVC. For example, in the U.S., notable chlor-alkali producers such as BLEACHTECH L.L.C. and ANSA McAL Limited contribute significantly to market demand. Increasing chemical production across agriculture, textiles, and electronics sectors also stimulates consumption.

Water treatment and environmental applications further catalyze market expansion. Hydrochloric acid regulates pH levels, neutralizes alkaline substances, and assists in impurity removal in both municipal and industrial water systems. Heightened environmental regulations and government initiatives, such as Gujarat state's wastewater recycling strategy, highlight the growing emphasis on sustainable water treatment, driving hydrochloric acid demand in wastewater management for industries like textiles, food processing, and chemicals.

Market Segmentation

Breakup by Grade:

• Synthetic Grade: Represents around 74.0% of the market in 2024; produced industrially as a byproduct during chlorine manufacturing, widely used in industrial chemical production, steel pickling, and food processing.
• By-Product Grade

Breakup by Application:

• Steel Pickling: Largest segment in 2024 with 32.2% share; essential for rust and scale removal from steel surfaces prior to further finishing processes.
• Oil Well Acidizing
• Ore Processing
• Food Processing
• Pool Sanitation
• Calcium Chloride
• Biodiesel
• Others

Breakup by End User:

• Food and Beverages: Largest sector with 30.9% share in 2024; hydrochloric acid is used for food acidification, pH adjustment, gelatin creation, sugar and high-fructose corn syrup production, as an impurity remover and preservative.
• Pharmaceuticals
• Textile
• Steel
• Oil and Gas
• Chemical Industry
• Others

Breakup By Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Asia-Pacific is the dominant region with over 42.6% market share in 2024, boosted by rapid urbanization at a 3% annual rate in East Asia and the Pacific, industrial growth in chemicals, steel manufacturing, electronics, food processing, and pharmaceuticals. The region benefits from abundant raw materials and competitive production technologies, making it a key global market driver.

Recent Developments & News

In December 2024, Chlorum Solutions USA LLC announced development of a USD 70 Million small-scale chlor-alkali plant in Casa Grande, Arizona, using advanced membrane technology to locally produce hydrochloric acid, sodium hypochlorite, and caustic soda, enhancing supply chain resilience and safety. In July 2024, John Cockerill and Baosteel launched a fluidized bed acid regeneration facility to treat hydrochloric acid waste. In April 2022, Aditya Birla Group commissioned a 150,000 tons/year chlor-alkali plant in Andhra Pradesh, India. In October 2020, Univar Solutions expanded its North American hydrochloric acid distribution by acquiring sourcing agreements from PVS Chloralkali.

Key Players

• AGC Chemicals
• BASF SE
• Detrex Corporation (Italmatch USA Corporation)
• Dongyue Group
• Erco Worlwide Inc. (Superior Plus LP)
• Ercross SA
• Merck KGaA
• Occidental Petroleum Corporation
• Olin Corporation
• PCC Group
• Vynova Group
• Westlake Corporation

Ask Analyst For Request Customization: https://www.imarcgroup.com/request?type=report&id=8549&flag=E

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us

IMARC Group,

134 N 4th St. Brooklyn, NY 11249, USA,

Email: sales@imarcgroup.com,

Tel No: (D) +91 120 433 0800,

United States: +1-201971-6302