ERCO Worldwide, Occidental Chemical Corporation and Olin Corporation are Dominating the Global Hydrochloric Acid Market in 2020

Global Hydrochloric Acid Market is expected to grow with the CAGR of 5.5% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

Access Full Report @ https://www.databridgemarketresearch.com/reports/global-hydrochloric-acid-market

Global hydrochloric acid market is a highly fragmented market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global hydrochloric acid market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, In June 2019, ERCO Worldwide have bought the specialty chemicals business from the Superior Plus. The company is able to increase the production of the chemicals in North America. This development has helped the company to increase the revenue.

ERCO Worldwide is the dominating player in hydrochloric acid market. The other key players existing in the market includes SEQUENS, Coogee, Formosa Plastics Corporation, Tessenderlo Group, Westlake Chemical Corporation, Brainerd Chemicals, Ishtar Company LLC, Jones-Hamilton Co., Aditya Birla Chemicals, TOAGOSEI CO., LTD, AGC Chemicals Americas, Olin Corporation, Covestro AG, Occidental Petroleum Corporation, INOVYN (a subsidiary of INEOS), Shin-Etsu Chemical Co., Ltd., BASF SE, UNID, Detrex Corporation (a subsidiary of Italmatch Chemicals S.p.A.), GFS Chemicals, Inc., Vynova Group, Tronox Holdings plc, IXOM, Nouryon, and Evergrow among others.      .

Hydrochloric Acid MarketERCO Worldwide (A SUBSIDIARY OF SUPERIOR PLUS)

ERCO Worldwide is headquartered in Ontario, Canada which is engaged in the manufacturing of sodium chlorate, chlor-alkali products, sodium chlorite, and chlorine dioxide. The company offers various products such as caustic, chlorine, hydrochloric acid, potassium hydroxide, sodium chlorate and sodium chlorite and the market focused product is hydrochloric acid.

For Instance,

  • In June 2019, ERCO Worldwide have bought the specialty chemicals business from the Superior Plus. The company is able to increase the production of the chemicals in North America. This development has helped the company to increase the revenue.

The company has wide global presence across the in North America, China and Japan. The company also generates its revenue from the various subsidiary companies such as ERCO Worldwide (USA) Inc. (U.S.).

Occidental Chemical Corporation

Occidental Chemical Corporation is headquartered in Texas, U.S. The company is engaged in the manufacturing of polyvinyl chloride (PVC) resins, chlorine and caustic soda. The company offers various products such as basic chemicals, armand products, OxyVinyls, SD S search and food grade products among which food grade products is market focused segment.

For Instance,

  • In August 2014, Occidental Petroleum Corporation has decided a successful start-up of a new hydrochloric acid unit at Niagara Falls chlor-alkali facility. This development helped the company to increase the revenue and production.

The company has wide global presence in Asia-Pacific, Europe, North America, South America and Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Armand Products Company (U.S.), Ingleside Ethylene, LLC (U.S.), Occidental Chemical Chile Limitada (U.S.), Occidental Chemical Belgium Bvba (Belgium) among others.

Olin Corporation

Olin Corporation. Founded in 1892 and is headquartered in Missouri, the U.S. The company is engaged in the manufacturing of bleach and hydrochloric acid products for different industries. The company offers various products such as chlorine, ethylene dichloride, hydrochloric acid, potassium hydroxide, sodium hydroxide, sodium hypochlorite and vinyl chloride monomer and hydrochloric acids is market focused segment.

For Instance,

  • In March 2015, Olin Corporation has decided to merge the production unit with Dow Chemical plant across in Oyster Creek, Texas. This development has helped the company to increase the products of the chemicals which help to increase the revenue.  

The company has wide global presence in Asia-Pacific, Europe, North America, South America and Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Olin Winchester, LLC (U.S.), K.A. Steel Chemicals Inc. (U.S.), Blue Cube Spinco LLC (U.S.), Olin Canada Inc (Canada) and Olin (UK) ltd.