Muriatic Acid Market Segments and Key Trends 2019-2029

Posted by ankush Nikam on October 23rd, 2019

Muriatic acid is essentially the technical grade of hydrochloric acid (HCl), which is pale yellow in color. It is produced by the dilution of hydrochloric acid gas usually below 40 wt. % of hydrochloric acid. The contaminants added to produce muriatic acid can be customized as per the requirement in specific applications. Muriatic acid can be found in various consumer products such as cleaners, and is also manufactured for application in the food processing industry. It is regarded as a corrosive liquid by OSHA and is classified under FDA (172.892), ASTM (E 1146-97), and various other standards. Most of the muriatic acid produced is consumed locally, with very few quantities of muriatic acid available for global trade.

Muriatic Acid Market: Dynamics

Muriatic acid is prominently used in the manufacturing of organic chemicals. It is also widely used in the production of polyvinyl chloride (PVC) plastic. The demand for PVC is increasing, which in turn, surges the demand for muriatic acid from PVC manufacturers. The increasing production of various organic chemicals is also expected to increase the demand for muriatic acid. It is used in water & wastewater treatment applications as well as in the form of pH stabilizer in the production of various inorganic water treatment compounds such as polyaluminium chloride (PAC), iron chloride, and others. Various pharmaceutical intermediates are produced using muriatic acid as a precursor. Other applications of muriatic acid include household cleaners, leather processing, building constructions, and others. The use of muriatic acid in oil-field acidizing is also major. It is used to dissolve the portion of oil rock by injecting muriatic acid and creating large pore structure for oil formation. This process is used by petroleum manufacturers especially by the North sea oil production industry. Steel pickling is another major application area of muriatic acid. It is the process of removing rust from the surface of iron or steel before subsequent processing such as galvanizing, extrusion rolling, and other techniques. Generally, 18 wt.% of HCl muriatic acid is used for this application.

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The slow-down in the construction sector and developments of chlorine free alternatives for the production of chemicals are some of the restraints for the growth of global muriatic acid market.  However, these factors hamper the growth only to a small extent. The global muriatic acid market is driven by the increasing production of organic & inorganic chemicals that are used in various applications.

Muriatic Acid Market: Segments

On the basis of concentration, the muriatic acid market can be segmented as-

• 22º Baumé HCl (35.21% HCl by wt.)
• 20º Baumé (31.45% HCl by wt.)
• Others

On the basis of application, the muriatic acid market can be classified into -

• Steel Pickling
• Chemicals Manufacturing
• Food Processing
• Oil-field Acidizing
• Mining and Metal Production
• Consumer Goods
• Plastics
• Industrial Cleaning
• Water & Wastewater Treatment
• Others

On the basis of geography, the market is segmented into-

• North America
• Europe
• Latin America
• East Asia
• South Asia
• Oceania
• Middle East & Africa

The Muriatic Acid Market Report Highlights:

• A Detailed overview of the parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint