Global Ultra-High-Purity Anhydrous Hydrogen Chloride (HCl) Gas Market, By Product Type (Pharmaceutical Grade, Electronic Grade), Application (Chemical, Electronics, Steel and Metals, Pharmaceutical and Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
The global ultra-high-purity anhydrous hydrogen chloride (HCl) gas market is composed to grow strong during the forecast period. Some of the projecting trends that the market is witnessing include growth in research on optoelectronics, integrated circuits (ICs) and radio frequency (RF) devices. The demand for ultra-high-purity anhydrous hydrogen chloride (HCl) gas is highly used in pneumatic and power source for dental and surgical tools and the pharmaceutical industry.
Data Bridge Market Research analyses that the ultra-high-purity anhydrous hydrogen chloride (HCl) gas market was valued at USD 3.59 billion in 2021 and is expected to reach USD 5.32 billion by 2029, registering a CAGR of 5.05 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
Anhydrous hydrogen chloride (HCl) which is a colourless gas with a sharp and irritating odour. It is readily absorbed in water to form hydrochloric acid which is hydroscopic (attracts moisture). It also forms white fumes which has mist of hydrochloric acid. The ultra-high-purity anhydrous HCl market is gaining revenues from the increasing applications of the products in numerous end-use industries such as, food and beverages, steel and metals, chemical, electronics and pharmaceutical.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Pharmaceutical Grade, Electronic Grade), Application (Chemical, Electronics, Steel and Metals, Pharmaceutical and Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Advanced Specialty Gases (USA), Air Liquide (France), Gas Innovations (US), Gujarat Fluorochemicals, Ltd (India), Niacet, A Kerry Company (US), Purityplus Specialty Gases (US), Metadynea Metafrax Group (Russia), Shandong Yanhe Chemical Co., Ltd (China), Sumitomo Seika Chemicals Co., Ltd (Japan), Linde Plc (Ireland), Zhejiang Britech Co., Ltd.(China)
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Market Opportunities
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Ultra-High-Purity Anhydrous Hydrogen Chloride (HCl) Gas Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Rise in demand due to medical sector
Demand for ultra-high gas is very high in the medical sector because HCl is used for calibrating medical devices, sterilizing the medical equipment, and using dental and surgical tools. Furthermore, it is also used for purifying silicon and etching semiconductor crystal, used explicitly during the polishing stage of monocrystalline semiconductor wafers.
- Increasing demand of electronic equipment
The increase in demand for smartphones and electric appliances has driven the sales of integrated circuits (ICs), electronic components, and wafers. This has increased the demand for the gas. These electronic components create a huge demand of ultra-high-purity anhydrous hydrogen chloride (HCl) gas for the chemical companies in the market.
- Increase in demand due to minimum contamination
Due to minimum contamination property ultra-high-purity anhydrous hydrogen chloride (HCl) gas is gaining momentum in the global electronics industry, due to the increase in need for maximum purity and for better product consistency, improved yield of dry etching processes and epitaxial reactors
Opportunities
- High demand in chemical and metal industries
The extensive demand for the ultra-high-purity anhydrous hydrogen chloride (HCl) gas market in the chemical and metal industries has driven the market's growth. In the chemical sector, the ultra-high-purity anhydrous hydrogen chloride is used to manufacture fertilizers, pigments, hydrochloric acid, vinyl chloride, and dyes. These products are used in the production processes of hard metal of and in CVD coating applications. Moreover, there is a need for the process being moisture-free, during the manufacturing of various pharmaceutical ingredients.
- Stringent rules and regulations in medical industry
Stringent rules and industrial values in the medical industry about sterilization of calibration of medical devices, medical equipment and use of pneumatic power source for surgical tools and dental are increasing the demand for ultra-high-purity anhydrous hydrogen chloride (HCl) gas market.
Restraints/ Challenges
Obtaining more than 99.9% pure ultra-high-purity anhydrous hydrogen chloride (HCl) gas is very expensive. This gas is heavier than air and the requirement to be shipped and stored in high-pressure cylinders or tube trailers. Thus, high equipment cost and high transportation cost are expected to restrain the market during the forecast period. And the growing competition along with the rising cost of production among the companies will also hamper the growth of the ultra-high-purity anhydrous hydrogen chloride (HCl) gas market.
This ultra-high-purity anhydrous hydrogen chloride (HCl) gas market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ultra-high-purity anhydrous hydrogen chloride (HCl) gas market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Ultra-High-Purity Anhydrous Hydrogen Chloride (HCl) Gas Market
COVID-19 is a public health emergency globally and has affected almost every industry. Apart from a few areas such as healthcare and related essential services, most of the industries suffered extremely due to coronavirus. Furthermore, even some of the important sectors suffered due to delays of supply chain disruptions and other travel complications. The ultra-high-purity anhydrous hydrogen chloride (HCL) Gas market is anticipated to gain momentum in such economies and probably recover some of the losses imposed during forecast period.
Global Ultra-High-Purity Anhydrous Hydrogen Chloride (HCl) Gas Market Scope
The ultra-high-purity anhydrous hydrogen chloride (HCl) gas market is segmented on the basis of products and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Pharmaceutical Grade
- Electronic Grade
Application
- Chemical
- Electronics
- Steel & Metals
- Pharmaceutical
- Others
Ultra-High-Purity Anhydrous Hydrogen Chloride (HCl) Gas Market Regional Analysis/Insights
The ultra-high-purity anhydrous hydrogen chloride (HCl) gas market is analysed and market size insights and trends are provided by country, products and application as referenced above.
The countries covered in the ultra-high-purity anhydrous hydrogen chloride (HCl) gas market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the ultra-high-purity anhydrous hydrogen chloride (HCl) gas market in terms of market share and revenue and will continue to flourish its dominance during the forecast period of 2022 to 2029. This is due to the rising demand for ultra-high-purity anhydrous hydrogen chloride (HCl) gas in this region. China leading the way in terms of increasing demand of high quality electronic gadgets along with growing sufficiency for integrated circuits. Ultra-high-purity anhydrous hydrogen chloride (HCl) gas market has increasing demand of high quality electronic gadgets along with increasing sufficiency for integrated circuits. Ultra-high-purity anhydrous hydrogen chloride (HCl) gas.
During the projected period, North America is expected to be the fastest developing region due to the sizable revenue streams in the next few years and extensive R&D in next-generation semiconductor technology has stimulated the revenue potential of the ultra-high-purity anhydrous hydrogen chloride (HCl) gas market in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Ultra-High-Purity Anhydrous Hydrogen Chloride (HCl) Gas Market Share Analysis
The ultra-high-purity anhydrous hydrogen chloride (HCl) gas market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ultra-high-purity anhydrous hydrogen chloride (HCl) gas market.
Some of the major players operating in the ultra-high-purity anhydrous hydrogen chloride (HCl) Gas market are:
- Advanced Specialty Gases (US)
- Air Liquide (France)
- Gas Innovations (US)
- Gujarat Fluorochemicals, Ltd (India)
- Niacet, A Kerry Company (US)
- Purityplus Specialty Gases (US)
- Metadynea Metafrax Group (Russia)
- Shandong Yanhe Chemical Co., Ltd (China)
- Sumitomo Seika Chemicals Co., Ltd (Japan)
- Linde Plc (Ireland)
- Zhejiang Britech Co., Ltd. (China)
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