Hydrochloric Acid Market Report 2026

The hydrochloric acid market size has grown strongly in recent years. It will grow from $2.18 billion in 2025 to $2.33 billion in 2026 at a compound annual growth rate (CAGR) of 7%. The growth in the historic period can be attributed to expansion of steel production activities, growth of oil and gas exploration, increasing demand for chemical intermediates, rising use in water treatment processes, availability of by-product hydrochloric acid.

The hydrochloric acid market size is expected to see strong growth in the next few years. It will grow to $2.98 billion in 2030 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to increasing investments in industrial manufacturing, rising demand from lithium processing and battery materials, expansion of specialty chemical production, growing focus on efficient acid recovery systems, increasing adoption in advanced material processing. Major trends in the forecast period include increasing use in steel pickling operations, rising demand from oil well acidizing, growing adoption in food processing applications, expansion of chemical manufacturing uses, enhanced focus on industrial process efficiency.

The growth in infrastructure development is expected to propel the hydrochloric acid market. Infrastructure development involves planning, constructing, expanding, and improving essential physical structures and facilities that support regional, national, or community functions. Hydrochloric acid is used to clean and prepare concrete surfaces before construction activities such as repairs, resurfacing, or coating applications. It removes dirt, stains, rust, and mineral deposits, ensuring a clean and smooth surface for subsequent work. For instance, in February 2024, according to the Infrastructure and Projects Authority, a UK-based government agency, planned investment in major infrastructure and construction projects for 2024/25 was $201.52 billion (£164 billion), exceeding 2023/24 levels, with total projected investments over the next decade estimated between $858.1 billion (£700 billion) and $953.25 billion (£775 billion). Therefore, infrastructure growth is driving the hydrochloric acid market.

Major companies in the hydrochloric acid market are innovating new products, such as hydrogen chloride (HCl) cartridges, to enhance profitability. An HCl cartridge is a device with a sensor that accurately and continuously measures hydrogen chloride levels. For instance, in October 2023, Kunak Technologies SL, a Spain-based environmental engineering company, launched an HCl sensor cartridge designed to detect HCl in the air for use in gas detectors and air quality monitors. The sensor provides precise real-time data on HCl levels, valuable for applications such as leak detection in industrial operations.

In November 2024, ANSA McAL, a Trinidad and Tobago-based conglomerate, acquired BleachTech LLC for US $327 million. Through this acquisition, ANSA McAL aims to expand hydrochloric acid and chlor-alkali production by integrating BleachTech’s manufacturing plants and strengthening its supply of high-purity HCl to industrial customers. BleachTech LLC is a US-based chemical company operating two chlor-alkali plants producing hydrochloric acid, sodium hypochlorite, and caustic soda.

Major companies operating in the hydrochloric acid market are AGC Chemicals Americas Inc., BASF SE, Detrex Corporation, ERCO Worldwide, Ercros SA, INOVYN - INEOS Group, Olin Corporation, Westlake Chemical Corporation, Formosa Plastics Corporation, Dow Chemical Company, Allan Chemical Corporation, GFS Chemicals Inc., Eco-Tec Inc., Basic Chemical Solutions LLC, Brainerd Chemical Co Inc., Qingdao Henley Company Limited, Seqens Group, Nouryon Industrial Chemicals, PCC Group, Tessenderlo Group, TOAGOSEI CO. LTD, Vynova Group, Kemira, Chemtrade Logistics Income Fund.

Asia-Pacific was the largest region in the hydrochloric acid market in 2025. North America is expected to be the fastest-growing region in the hydrochloric acid market report forecast period. The regions covered in the hydrochloric acid market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hydrochloric acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Hydrochloric acid market consists of sales of muriatic acid, and chlorhydric acid. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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