Hydrochloric Acid price November 2024 and outlook (see chart below)
- North America:US$0.22/KG, unchanged
- Europe:US$0.13/KG, unchanged
- Northeast Asia:US$0.01/KG, unchanged
- Southeast Asia:US$0.08/KG, unchanged
- South America:US$0.21/KG, unchanged
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Hydrochloric Acid price index
This post is a summary of the hydrochloric acid price developments. The price developments of hydrochloric acid are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Hydrochloric acid price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for hydrochloric acid prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of hydrochloric acid prices
- Recent price developments of underlying feedstocks which drive the price of hydrochloric acid
- Market futures for both cost drives and feedstocks of hydrochloric acid prices
- Adjustment of current supply/demand imbalances in the hydrochloric acid market
- Longer term trends in likely demand conditions
Further information on the Hydrochloric Acid price chart
What is Hydrochloric acid
Hydrochloric acid, also known as muriatic acid, is a strong and corrosive acid that is commonly used in a variety of industries and applications. It is a clear, colorless liquid with a strong, pungent smell. Hydrochloric acid is produced in the stomach as part of the digestive process and is used to help break down food. It is also used in a number of industrial processes, such as the production of plastics, dyes, and detergents.
How is Hydrochloric acid produced
There are several ways to produce hydrochloric acid, but one of the most common methods is by reacting hydrogen gas with chlorine gas to form hydrochloric acid. This reaction is typically carried out in the presence of a catalyst, such as platinum or iron, and results in the production of a concentrated solution of hydrochloric acid. The concentration of the acid can be adjusted by adding water to the solution, which dilutes the acid.
Hydrochloric acid can also be produced by reacting salt (sodium chloride) with sulfuric acid, or by the electrolysis of aqueous sodium chloride solutions. These methods are typically used to produce lower concentrations of hydrochloric acid.
What is Hydrochloric acid used for
Hydrochloric acid has a number of uses, both in industry and in the laboratory. Some common uses of hydrochloric acid include:
Production of chemicals
Hydrochloric acid is used as a reactant in the production of a number of chemicals, including PVC (polyvinyl chloride), which is used to make pipes and other building materials, and titanium dioxide, which is used as a white pigment in paint and other products.
Metal cleaning and pickling
Hydrochloric acid is used to remove rust and other impurities from metal surfaces. It is often used in the process of pickling, which involves immersing the metal in a solution of hydrochloric acid to remove the oxide layer.
Food production
Hydrochloric acid is used in the production of food additives, such as monosodium glutamate (MSG), and is also used to adjust the pH of certain foods.
Laboratory reagent
Hydrochloric acid is commonly used in the laboratory as a chemical reagent. It is used to adjust pH, to test for the presence of certain metals, and as a solvent for certain compounds.
Waste water treatment
Hydrochloric acid is used in the treatment of waste water to adjust the pH of the water and to remove heavy metals.
Leather processing
Hydrochloric acid is used in the tanning process of leather to remove the hair and other proteins from the hide.
Swimming pool maintenance
Hydrochloric acid is used to lower the pH of swimming pool water, which helps to prevent the growth of algae and bacteria.
There are many other uses for hydrochloric acid, and it is an important chemical in a wide range of industries.
What types of Hydrochloric acid are there
There are several types of hydrochloric acid, which can vary based on the concentration of the acid, the presence of impurities, and the intended use of the acid. Some common types of hydrochloric acid include:
Concentrated hydrochloric acid
This type of hydrochloric acid has a concentration of around 38% to 40%. It is a strong and corrosive acid that can cause chemical burns if it comes into contact with skin or mucous membranes.
Dilute hydrochloric acid
Dilute hydrochloric acid has a lower concentration of around 5% to 10%. It is less corrosive than concentrated hydrochloric acid and is safer to handle.
Reagent grade hydrochloric acid
This type of hydrochloric acid is highly pure and is suitable for use in the laboratory. It is often used as a chemical reagent and is available in various concentrations.
Technical grade hydrochloric acid
Technical grade hydrochloric acid is a lower purity version of reagent grade hydrochloric acid. It is used in industrial applications and may contain impurities.
Food grade hydrochloric acid
This type of hydrochloric acid is safe for use in the food industry and meets certain purity standards. It is used in the production of food additives and to adjust the pH of certain foods.
How big is the Hydrochloric acid market
It is difficult to estimate the size of the global hydrochloric acid market, as the acid is used in a wide variety of industries and applications. However, it is likely that hydrochloric acid is a significant component of many chemical products and processes, and as such, it likely represents a significant portion of the global chemical market.
According to a report published by Mordor Intelligence in 2020, the global hydrochloric acid market is expected to grow at a compound annual growth rate (CAGR) of around 3.5% between 2020 and 2025. The report cites increasing demand for hydrochloric acid in the production of chemicals and in waste water treatment as key drivers of market growth. The report also notes that the Asia-Pacific region is expected to be the largest market for hydrochloric acid, followed by North America and Europe.
According to https://oec.world/ :
Hydrochloric Acid are the world’s 1095th most traded product.
In 2020, the top exporters of Hydrochloric Acid were Germany ($51.7M), Japan ($40.6M), United States ($20.1M), Canada ($18.7M), and Belgium ($18.5M).
In 2020, the top importers of Hydrochloric Acid were United States ($23.8M), South Korea ($21.4M), France ($20.1M), China ($18.9M), and Chinese Taipei ($18.9M).
Further information
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