Hydrochloric Acid Electrolysis Market Demand | Trends, Growing Demand Analysis by Companies Strategy and Forecast 2027
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 Demand 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 demand
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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