Press Release

Aug, 19 2024

Rising Demand in Semiconductor Industry is Driving the Growth of the Global High-Purity Anhydrous Hydrogen Chloride (HCL) Gas Market

High Purity Anhydrous Hydrogen Chloride (HCL) is a highly sought-after chemical compound with significant applications across various industries. Its exceptional purity, often exceeding 99.99%, makes it ideal for use in semiconductor manufacturing, where it plays a crucial role in etching and cleaning silicon wafers. The electronics industry also relies on high purity anhydrous HCL for producing optical fibers and advanced materials. In chemical synthesis, it serves as a reagent and catalyst, facilitating the production of pharmaceuticals, agrochemicals, and specialty chemicals. Its anhydrous form ensures the absence of water, preventing unwanted reactions and maintaining process integrity. Additionally, high purity anhydrous HCL is essential in the production of high-performance polymers and resins. Its stringent quality control and consistent performance make it a valuable resource in research and development laboratories. Overall, the demand for high purity anhydrous hydrogen chloride continues to grow due to its critical role in high-tech manufacturing and chemical processes.

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Data Bridge Market Research analyses that the Global High-Purity Anhydrous Hydrogen Chloride (HCL) Gas Market is expected to reach USD 11.37 billion by 2031 from USD 7.12 billion in 2023, growing with a substantial CAGR of 6.1% in the forecast period of 2024 to 2031.

Key Findings of the Study

High-Purity Anhydrous Hydrogen Chloride (HCL) Gas Market

  • Rising Demand In Semiconductor Industry

The semiconductor industry is witnessing a surge in demand for high-purity anhydrous hydrogen chloride (HCl) gas as it is a critical component in the manufacturing process of semiconductors, playing a pivotal role in etching silicon wafers and other materials essential for semiconductor fabrication. The rising demand for semiconductor devices across various sectors, such as consumer electronics, automotive, healthcare, and telecommunications, is a primary driver for the increased need for anhydrous HCl gas.

As technology advances, there is a continuous push for smaller, faster, and more efficient semiconductor components, leading to a higher requirement for precision and purity in manufacturing processes. High-purity anhydrous HCl gas ensures that semiconductor manufacturers can achieve the stringent quality standards necessary for producing advanced semiconductor devices. Moreover, the increasing adoption of emerging technologies such as 5G, artificial intelligence, the Internet of Things (IoT), and electric vehicles is amplifying the demand for semiconductors worldwide, further fueling the need for high-purity anhydrous HCl gas. Furthermore, environmental regulations and sustainability concerns are also influencing the semiconductor industry's preference for high-purity anhydrous HCl gas. Stringent environmental standards necessitate the use of cleaner and more environmentally friendly manufacturing processes. Anhydrous HCl gas is favored for its effectiveness in semiconductor fabrication while minimizing environmental impact.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022  (Customizable to 2016 - 2021)

Quantitative Units

Revenue in USD Billion

Segments Covered

Product (Electronics Grade and Chemical Grade), Application (Electronics and Electricals, Pharmaceuticals, Chemicals, and Others), Purity Level (3N, 4N, 4.5N, 5N and 6N)

Countries Covered

U.S., Canada, Mexico, China, Japan, India, South Korea, Taiwan, Singapore, Thailand, Australia, Malaysia, Indonesia, Philippines, New Zealand, Rest of Asia-Pacific, Germany, France, U.K., Netherlands, Switzerland, Italy, Belgium, Spain, Russia, Turkey, Denmark, Norway, Poland, Finland, Sweden, Georgia, Rest of Europe, Brazil, Argentina, Colombia, Chile, Peru, Ecuador, Uruguay, Panama, Venezuela, Bolivia, Paraguay, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Qatar, Kuwait, Oman, Bahrain, Rest of Middle East and Africa

Market Players Covered

AIR LIQUIDE (France), Linde plc. (Ireland), SUMITOMO SEIKA CHEMICALS CO.,LTD. (Japan), Gujarat Fluorochemicals Limited (India), Niacet Corporation, Weitai Chem (U.S.), MATHESON TRI-GAS, INC (U.S.), and Merck KGaA (Germany) among others

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis

The global High-Purity Anhydrous Hydrogen Chloride (HCL) gas market is segmented into three notable segments based on product and application, and purity level.

  • On the basis of product, the market is segmented into electronics grade and chemical grade

In 2024, the electronics grade segment is expected to dominate the global High-Purity Anhydrous Hydrogen Chloride (HCL) gas market

In 2024, the electronics grade segment is expected to dominate the market with a market share of 65.44% due to its adoption of high-purity anhydrous HCL gas in specialized research and development activities.

  • On the basis of application, the market is segmented into electronics and electricals, pharmaceuticals, pharmaceuticals, chemicals, and others

In 2024, the electronics and electricals segment is expected to dominate the global High-Purity Anhydrous Hydrogen Chloride (HCL) gas market

In 2024, the electronics and electricals segment is expected to dominate the market with a 40.00% market due to its increasing utilization of anhydrous hydrogen chloride gas as a reagent in specialty chemicals synthesis.

  • On the basis of purity level, the market is segmented into 3N, 4N, 4.5N, and 5N and 6N. In 2024, 3N segment is expected to dominate the market with a market share of 40.56%.

Major Players

Data Bridge Market Research analyzes AIR LIQUIDE (France), Linde plc. (Ireland), SUMITOMO SEIKA CHEMICALS CO.,LTD. (Japan), Matheson Tri-Gas, Inc, (A subsidiary of Nippon Holdings Group) (U.S.), Merck KGaA (Germany) as major market players in this market.

High-Purity Anhydrous Hydrogen Chloride (HCL) Gas Market

Market Developments

  • In July 2024, Air Liquide’s Cryocap™ LQ CO₂ liquefaction technology has been selected by Stockholm Exergi for its Bio-Energy Carbon Capture & Storage (BECCS) project. The agreement will see Air Liquide provide equipment for a large-scale CO₂ liquefaction unit, one of the world’s largest with a capacity of 3,500 tonnes per day, at Stockholm’s bio-cogeneration plant. The BECCS facility aims to store around eight million tonnes of biogenic CO₂ over the next decade, supported by the European Innovation Fund
  • In May 2024, Linde PLC signed a long-term agreement with H2 Green Steel to supply industrial gases to the world’s first large-scale green steel production plant. Additionally, Linde will supply Celanese with carbon dioxide captured from its Clear Lake, Texas facility for use in producing lower-carbon-intensity methanol at Fairway Methanol LLC. This expands Linde's existing supply of carbon monoxide, oxygen, and nitrogen to Celanese, supporting its efforts to reduce the carbon footprint of methanol production
  • In July 2023, Nippon Sanso Holdings Corporation announced that its U.S. subsidiary, Matheson Tri-Gas, Inc., has entered into a gas supply agreement with 1PointFive for their first Direct Air Capture (DAC) plant in Texas. Matheson will establish an Air Separation Unit to supply oxygen for the DAC process, which produces pure CO2 for secure sequestration. The Stratos plant, expected to begin operations in mid-2025, aims to capture up to 500,000 tons of CO2 annually, making it the world’s largest DAC plant. This development will significantly enhance Matheson's position in the market by demonstrating their capability to support large-scale carbon capture projects, thus aligning with global sustainability trends
  • In May 2022, SUMITOMO SEIKA CHEMICALS CO.,LTD. has won the Grand Prize in the 54th Annual JCIA Technology Awards from the Japan Chemical Industry Association (JCIA) for its innovative low environmental impact technology that converts hydrogen chloride (HCl) into chlorine by oxidation. This technology, developed and commercialized by Sumitomo Chemical, is recognized for its significant contribution to advancing chemical industry sustainability and improving environmental outcomes
  • In May 2023, Niacet Corporation, part of Kerry Group, is investing $50 million to expand its operations in Niagara Falls, New York, creating 36 new jobs. The facility will produce ultra-high purity Anhydrous Hydrogen Chloride (AHCL) essential for semiconductor manufacturing, supporting New York's growth as a hub for chip fabrication

Regional Analysis

Geographically, the regions covered in the global High-Purity Anhydrous Hydrogen Chloride (HCL) Gas market are U.S., Canada, Mexico, China, Japan, India, South Korea, Taiwan, Singapore, Thailand, Australia, Malaysia, Indonesia, Philippines, New Zealand, rest of Asia-Pacific, Germany, France, U.K., Netherlands, Switzerland, Italy, Belgium, Spain, Russia, Turkey, Denmark, Norway, Poland, Finland, Sweden, Georgia, rest of Europe, Brazil, Argentina, Colombia, Chile, Peru, Ecuador, Uruguay, Panama, Venezuela, Bolivia, Paraguay, rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Qatar, Kuwait, Oman, Bahrain, and rest of Middle East and Africa.

As per Data Bridge Market Research analysis:

Asia-Pacific is expected to dominate and fastest growing region in global High-Purity Anhydrous Hydrogen Chloride (HCL) gas market

Asia-Pacific is expected to dominate the market due to the rapid growth of its manufacturing and construction industries. The rising demand in semiconductor industry in countries like China and India fuels this market.

For more detailed information about the global High-Purity Anhydrous Hydrogen Chloride (HCL) Gas market report, click here – https://www.databridgemarketresearch.com/reports/global-high-purity-anhydrous-hydrogen-chloride-hcl-gas-market


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