Hydrochloric Acid Market to Witness Significant Growth with Growing Use in Pharmaceutical and Chemical Industries
The global hydrochloric acid market is projected to grow from USD 2.5 Billion in 2022 to USD 3.4 Billion by 2027, at a CAGR of 6.6% during the forecast period. The increasing demand for hydrochloric acid in food and beverage, steel, chemical, and oil & gas provides momentum for the growth of the hydrochloric acid market.
By application, steel pickling accounted for the largest market for hydrochloric...
Hydrochloric Acid Market to Witness a Healthy Growth of US$ 3.4 billion by 2027| MarketsandMarkets™
Hydrochloric acid, also known as muriatic acid, is a colorless, highly corrosive, and strong mineral acid with the chemical formula HCl. It is a key component of gastric acid and is widely used in industry for a variety of purposes such as metal cleaning and pickling, oil well acidizing, food processing, and production of inorganic chlorides. Hydrochloric acid is also used in the manufacture of fertilizers,...