HCl Electrolysis Market is Predicted to Grow at Approximately 3.2% by 2023

Pune, India, May 24, 2017 /MRFR Press Release/- Market research future published a half cooked research report on global HCl Electrolysis market. The HCl Electrolysis market is expected to grow over the CAGR of around 3.2% during the period 2017 to 2023.        

Market Highlights

The Chloro alkali industry is traditionally depended on processes such as membrane technology, diaphragm technology and mercury cell technology for production of chlorine. However, the HCl is produced as byproducts of several industrial processes and this HCl has to be recycled or transported for further use. In addition to that, transporting HCl is a tedious process that involves several legal and environmental procedures. HCl electrolysis overcomes these problems by enabling onsite recycling of HCl in a safe and efficient manner. The ODC technology is highly energy efficient when compared with the traditional processes and it is highly likely to replace all the mercury electrolysis plants which are going to be gradually phased out.

Drivers

Market Research AnalysisBased on application of HCl electrolysis, the PVC industry is expected to dominate the market with major chlorine produced by the HCl electrolysis being used for the chlorination of PVC. This is followed by the growing demand for polyurethane industry in the China and India. The TDI and MDI process of polyurethane uses chlorine in huge quantities to manufacture many products such as foams, furniture, elastomers and hard plastics. The chlorine generated from HCl electrolysis are increasingly used in Building and construction, Transportation, Furniture & bedding and also in packaging. The HCl electrolysis process in also used in oil and gas industries where pipe line cleaning and enhanced oil recovery process.

GLOBAL HCL ELECTROLYSIS MARKET 2017-2023

Scope of the ReportThis study provides an overview of the global HCl Electrolysis market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global HCl Electrolysis market by product, by application and by regions.

By Technology

• ODC Electrolysis


• Diaphragm Electrolysis


• Sumitomo Process


• DuPont gas phase electrolysis


• Others

By Application

• Polyurethane Industry


• Oil & Gas


• PVC Prodution & Chlorination


• Fertilizers


• Metal Picking


• Others

By Regions

• North America 


• Asia Pacific 


• Europe


• Rest of the World  

Key PlayersThe key players of the global HCl Electrolysis market are Thyssenkrupp AG (Germany), E. I. du Pont de Nemours and Company (U.S.), Covestro AG (Germany), Mitsui Chemicals, Inc. (Japan) Bluestar (Beijing) chemical machinery Co. Ltd. and Sumitomo Chemical Co. Ltd. (Japan).

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