Hydrochloric Acid Electrolysis Market Flourishes Relentlessly; Asserts MRFR Unleashing Industry Forecast Up To 2030

Pune, India, January 23, 2018/MRFR Press Release/- Market Research Future published a Cooked research report on “Global Hydrochloric Acid Electrolysis Market Research Report - Forecast to 2030”  – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2030

Thyssenkrupp AG, E. I. du Pont de Nemours and Company, Covestro AG, Mitsui Chemicals, Inc, Sumitomo Chemical Co. Ltd and Bluestar (Beijing) chemical machinery Co. Ltd are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Hydrochloric Acid Electrolysis Market.

Global Hydrochloric Acid Electrolysis Market – Overview

HCl electrolysis is cheifly deployed where hydrogen chloride or hydrochloric acid recycling is desired. Hydrogen chloride is a byproduct of numerous processes in chemical industry, which use chlorine due to its high reactivity for selective formation of desired products. In many cases, chlorine is subsequently removed and the final products are chlorine-free. Simply recycling the HCl through electrolysis obviates the need for on-site chlorine production even the transport of chlorine.

The global hydrochloric acid electrolysis market is a very dynamic market and is expected to witness high growth over the forecast period. The growth of the HCl electrolysis market is majorly influenced by the growing demand for making businesses free of volatile chlorine and HCl prices. Furthermore, developing on site HCl electrolysis technology nullifies the need for developing new chlor-alkali plants for chlorine production. However, existence of other commercially available technology for the production of chlorine and environmental impacts of chlorine, are likely to act as restraints for the market.

With the increasing consumption of chlorine related products around the world, there is a need for safe and economical production of chlorine techniques. Chlor-alkali demand increases in countries with higher GDP growth rates such as China and India where there is a huge demand for chlorine. Increasing environmental regulations and stringent government policies in these regions are forcing chemical manufacturers to look for less energy intensive and high product output processes such as HCl electrolysis.

Global Hydrochloric Acid Electrolysis Market – Competitive Analysis

The hydrochloric acid electrolysis market appears to be competitive with the presence of very few large players operating in the market. The market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further. Market leaders are innovating continuously and increasingly seeking market expansion through adoption of various techniques for hydrochloric acid electrolysis such as ODC electrolysis, Dupont gas phase electrolysis, diaphragm electrolysis, sumitomo process and others.

Industry/ Innovation/ Related News:

July 2010 - Uhde has been awarded an engineering and procurement contract for the construction of a hydrochloric acid electrolysis plant by Yantai Juli Isocyanate Co. Ltd. The plant, with a production capacity of 100,000 tpa hydrochloric acid, will be constructed at Laiyang, Shandong Province, China. Uhde's scope of supplies includes the process licence, major components of the engineering package, supply of the electrolysers, and assistance with the construction and commissioning of the plant.

Apr 2010 - Bayer MaterialScience signed a contract with plant engineering company Uhde to build a new plant for chlorine production based on common salt. The plant, which will have an annual capacity of 20,000 metric tons and built at Chempark Krefeld-Uerdingen in Germany.

November 2008- At BISS (Bayer Integrated Site Shanghai), Bayer Material Science has started a new hydrochloric acid electrolysis plant to supply the 350,000 tonnes/year MDI train with chlorine. It uses the energy saving Oxygen Depolarized Cathode technology, which has been developed by Bayer and partners.

Global Hydrochloric Acid Electrolysis Market – Segmentation

The global Hydrochloric Acid Electrolysis Market can be segmented in to two key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Technology - ODC Electrolysis, Dupont Gas Phase Electrolysis, Diaphragm Electrolysis, Sumitomo Process and others

Segmentation by application – PVC Production & Chlorination, Polyurethane Industry, Metal Pickling, Fertilizers, Oil & Gas and others

Segmentation by Regions: North America, Europe, APAC and Rest of the World.

Global Hydrochloric Acid Electrolysis Market –

Regional Analysis

 Asia-Pacific region accounted for the largest market share in the global hydrochloric acid electrolysis market. The high growth and the increasing demand for hydrochloric acid electrolysis in this region, can be attributed to the growing application in food processing and TDI/MDI industries. The increasing industrial activities in China, India and Indonesia are also contributing significantly to the growth of the market. In Asia Pacific region, china will be dominating the growth of the market. China is expected to observe the fastest growth in the hydrochloric acid electrolysis market on account of the growing oil and gas industry. China is also one of the key consumers of chlorine, owing to the existence of large number of manufacturing and chemical industries in the region.

In North America region, the increasing demand from oil well acidizing industry is one of the key factors driving the growth of the hydrochloric acid electrolysis market. The growth of the oil and gas industry and the increasing need of cleaning the oil and gas pipelines, are also driving the growth of the market in the region.

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