Thyssenkrupp AG, E. I. du Pont de Nemours and
Company, Covestro AG, Mitsui Chemicals, Inc, Sumitomo Chemical Co. Ltd and
Bluestar (Beijing) chemical machinery Co. Ltd are some of the prominent players
profiled in MRFR Analysis and are at the forefront of competition in the global
Hydrochloric Acid Electrolysis Market.
Global Hydrochloric Acid Electrolysis Market – Overview
HCl electrolysis is cheifly deployed where hydrogen chloride
or hydrochloric acid recycling is desired. Hydrogen chloride is a byproduct of
numerous processes in chemical industry, which use chlorine due to its high
reactivity for selective formation of desired products. In many cases, chlorine
is subsequently removed and the final products are chlorine-free. Simply
recycling the HCl through electrolysis obviates the need for on-site chlorine
production even the transport of chlorine.
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The global Hydrochloric Acid Electrolysis Market is a very
dynamic market and is expected to witness high growth over the forecast period.
The growth of the HCl electrolysis market is majorly influenced by the growing
demand for making businesses free of volatile chlorine and HCl prices.
Furthermore, developing on site HCl electrolysis technology nullifies the need
for developing new chlor-alkali plants for chlorine production. However,
existence of other commercially available technology for the production of
chlorine and environmental impacts of chlorine, are likely to act as restraints
for the market.
With the increasing consumption of chlorine related products
around the world, there is a need for safe and economical production of
chlorine techniques. Chlor-alkali demand increases in countries with higher GDP
growth rates such as China and India where there is a huge demand for chlorine.
Increasing environmental regulations and stringent government policies in these
regions are forcing chemical manufacturers to look for less energy intensive
and high product output processes such as HCl electrolysis.
Global Hydrochloric Acid Electrolysis Market –
Competitive Analysis
The Hydrochloric Acid Electrolysis Market appears to be
competitive with the presence of very few large players operating in the
market. The market demonstrates a high growth potential which is likely to
attract many entrants to the market resulting in to intensified competition
further. Market leaders are innovating continuously and increasingly seeking
market expansion through adoption of various techniques for hydrochloric acid
electrolysis such as ODC electrolysis, Dupont gas phase electrolysis, diaphragm
electrolysis, sumitomo process and others.
Industry/ Innovation/ Related News:
July 2010 - Uhde has been awarded an engineering and
procurement contract for the construction of a hydrochloric acid electrolysis
plant by Yantai Juli Isocyanate Co. Ltd. The plant, with a production capacity
of 100,000 tpa hydrochloric acid, will be constructed at Laiyang, Shandong
Province, China. Uhde's scope of supplies includes the process licence, major
components of the engineering package, supply of the electrolysers, and
assistance with the construction and commissioning of the plant.
Apr 2010 - Bayer MaterialScience signed a contract with
plant engineering company Uhde to build a new plant for chlorine production
based on common salt. The plant, which will have an annual capacity of 20,000
metric tons and built at Chempark Krefeld-Uerdingen in Germany.
November 2008- At BISS (Bayer Integrated Site Shanghai),
Bayer Material Science has started a new hydrochloric acid electrolysis plant
to supply the 350,000 tonnes/year MDI train with chlorine. It uses the energy
saving Oxygen Depolarized Cathode technology, which has been developed by Bayer
and partners.
Global Hydrochloric Acid Electrolysis Market –
Segmentation
The global Hydrochloric
Acid Electrolysis Market can be segmented in to two key dynamics for
the convenience of the report and enhanced understanding;
Segmentation by Technology - ODC Electrolysis,
Dupont Gas Phase Electrolysis, Diaphragm Electrolysis, Sumitomo Process and
others
Segmentation by application – PVC Production
& Chlorination, Polyurethane Industry, Metal Pickling, Fertilizers, Oil
& Gas and others
Segmentation by Regions: North America, Europe, APAC
and Rest of the World.
Global Hydrochloric Acid Electrolysis Market – Regional
Analysis
Asia-Pacific region accounted for the largest market
share in the global Hydrochloric Acid Electrolysis Market. The high growth and
the increasing demand for hydrochloric acid electrolysis in this region, can be
attributed to the growing application in food processing and TDI/MDI
industries. The increasing industrial activities in China, India and Indonesia
are also contributing significantly to the growth of the market. In Asia
Pacific region, china will be dominating the growth of the market. China is
expected to observe the fastest growth in the Hydrochloric Acid Electrolysis
Market on account of the growing oil and gas industry. China is also one of the
key consumers of chlorine, owing to the existence of large number of
manufacturing and chemical industries in the region.
In North America region, the increasing demand from oil well
acidizing industry is one of the key factors driving the growth of the Hydrochloric
Acid Electrolysis Market. The growth of the oil and gas industry and the increasing
need of cleaning the oil and gas pipelines, are also driving the growth of the
market in the region.
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