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Anhydrous Hydrogen Chloride Market Segmented By grade such as Electronic Grade, Refrigerant Grade, Analytical Grade with application such as Etching, Refrigerant, Chemical Raw Material, Laboratory
Anhydrous hydrogen chloride is a non – flammable, corrosive gas. Anhydrous hydrogen chloride is noted to be a colorless gas with a suffocating odor. Causing irritation on skin and in the respiratory tracts, anhydrous hydrogen chloride is considered as a moderate to high degree of hazardous gases.
Though anhydrous hydrogen chloride is widely used in the production of aqueous hydrogen chloride, commonly known as hydrochloric acid, anhydrous hydrogen chloride is also consumed in substantial amounts in the production of several chemicals including alkyl and vinyl chlorides.
Additionally, the anhydrous hydrogen chloride finds its use in the rubber industry for the process of hydrochlorination. As a much recent entrant in the wide applications of anhydrous hydrogen chloride, its use as an etching agent in the semiconductor industry and purify silicon and other materials. Laboratory applications of anhydrous hydrogen chloride are particularly targeted towards the production of chloride based acids and other chemicals.
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With the rapid growth observed in the electronics manufacturing industry, the market demand for anhydrous hydrogen chloride is expected to witness an analogous increase throughout the forecast period. With the emergence of alternative products such as electronic grade phosphoric acid for etching applications in the semiconductor industry, this growth is anticipated to normalize over the course of the forecast period.
With the presence of large scale manufacturers operating in the anhydrous hydrogen chloride marketplace, a fierce competition on pricing the product more efficiently becomes a challenge for the producers.
While the anhydrous hydrogen chloride manufacturers are noted to operate regionally, the companies are noted to maintain a global presence by offering their services through a network of dealers in remote or stagnant, but potential, markets. The most recent merger of Praxair and Linde Group can act as a mode to consolidate the market with the forthcoming years to reap the results.
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From a regional perspective, anhydrous hydrogen chloride market is highly concentrated in the regions with high chemical output and electronics components manufacturing. East Asia is noted to be an ideal fit for the two industries as China is considered to be the chemical manufacturing hub of the world and China, along with South Korea and Japan, are the leading markets for electronic components manufacturing.
Closely following the East Asia anhydrous hydrogen chloride market is the South Asia anhydrous hydrogen chloride market including the emerging economies of India and countries in the ASEAN region. North America and Europe anhydrous hydrogen chloride markets are considered to expand at a steady growth rate over the forecast period prominently owing to the regulatory framework in the regions.
Middle East & Africa anhydrous hydrogen chloride market is expected to register a near – average growth rate over the forecast period following the Latin America anhydrous hydrogen chloride market.
Some of the market participants in the global anhydrous hydrogen chloride market identified across the value chain include Praxair Technology, Inc., Air Liquide S.A., Niacet Corporation, Aditya Birla Chemicals (India) Limited, Versum Materials, Inc., Matheson Tri-Gas, Inc., Gujarat Fluorochemicals Ltd., Chengdu Taiyu Industrial Gases Co., Ltd, ATR ASAHI Process System (P) Ltd., Gas Innovations, among others.
The Anhydrous Hydrogen Chloride research report presents a comprehensive assessment of the Anhydrous Hydrogen Chloride market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data.
It also contains projections using a suitable set of assumptions and methodologies. The Anhydrous Hydrogen Chloride research report provides analysis and information according to market segments such as geographies, scaffold type, position, number of points and number of tiers.
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The Anhydrous Hydrogen Chloride report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The Anhydrous Hydrogen Chloride report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Anhydrous Hydrogen Chloride report also maps the qualitative impact of various market factors on market segments and geographies.
