Description
HCl electrolysis enables chlorine recovery from hydrogen chloride or hydrochloric acid and has several advantages such as the increased sustainability of operations for companies. HCl electrolysis is 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.
HCl electrolysis market looks promising during the forecast period due to the major driving factors such as making business free of volatile chlorine and HCl prices, reduced need to develop new chlor alkali plants, reduces risk in HCl transportation and reduced cost for HCl neutralization and disposal. The global HCl electrolysis market is expected to grow at a CAGR of 5.11%, during the forecast period.
Key Players
The key players of HCl electrolysis market include Thyssenkrupp AG (Germany), E. I. du Pont de Nemours and Company (U.S.), Covestro AG (Germany), Mitsui Chemicals, Inc. (Japan), Sumitomo Chemical Co. Ltd. (Japan) and Bluestar (Beijing) Chemical Machinery Co., Ltd. (China).
Objective of global HCl electrolysis market Analysis & Forecast, from 2016 to 2023
• To provide insights about factors influencing and affecting the market growth.
• To provide historical and forecast revenue of the market segments as well as sub-segments with respect to regional markets and their key countries
• To provide historical and forecast revenue of the market segments based on technology and application.
• To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market
Target Audience
• Manufactures
• Raw materials suppliers
• Aftermarket suppliers
• Research institute & education institute
• Potential investors
• Key executive (CEO and COO) and strategy growth manager
Key Findings
• On the basis of technology, the market is segmented as ODC Electrolysis, DuPont gas phase electrolysis, Diaphragm Electrolysis, Sumitomo Process and Others. ODC Electrolysis is projected to grow at the highest CAGR of 7.34 % during the forecast period.
• On the basis of application, the market is segmented as PVC Prodution & Chlorination, Polyurethane Industry, Metal Pickling, Fertilizers, oil & Gas and others. PVC Prodution & Chlorination is projected to grow at the highest CAGR of 5.49 % during the forecast period.
• Asia Pacific dominates the global HCl electrolysis market with 54.60% of share in 2016, in terms of value. It is expected to grow at a CAGR of 5.49 % during the forecast period. North America is expected to grow at a CAGR of 5 % during the forecast period and reach a market size of USD 360.8 million by 2023.
The regional analysis also includes –
• North America
o U.S.
o Canada
• Europe
o Germany
o Portugal
o France
• Asia-Pacific
o China
o Japan
o India
• Rest of the World
Table of Contents
1 Executive Summary 9
1.1 Market Synopsis 10
2 Introduction 11
2.1 Definition 11
2.2 Scope of Study 11
2.3 Assumptions 11
2.1 Market Structure 12
3 Research Methodology 13
3.1 Research Process 13
3.2 Primary Research 13
3.3 Secondary Research 14
3.4 Market Size Estimation 14
3.5 Forecast Model 16
4 Market Dynamics 17
4.1 Introduction 17
4.1 Drivers 18
4.1.1 Making business free of volatile chlorine and HCl prices 18
4.1.2 Reduced need to develop new chlor-alkali plants 18
4.1.3 Reduced risk in HCl transportation 19
4.1.4 Reduced Cost of HCl Neutralization and Disposal 19
4.2 Impact Analysis 20
4.3 Restraints 20
4.3.1 Existence of other proven technologies 20
4.3.2 Environmental impact of Chlorine 20
4.4 Impact Analysis 21
4.5 Opportunity 21
4.5.1 Replacing mercury cell plants 21
4.5.2 Potential in regions for high chlorine demand 22
4.6 Macroeconomic Factors 22
4.6.1 Impact of oil price volatility in chemical industry 22
4.6.2 Decommissioning of mercury cell technology 23
5 Market Factor Analysis 24
5.1 Porter’s Five Forces Analysis 24
5.1.1 Threat of New Entrants 24
5.1.2 Bargaining Power of Suppliers 24
5.1.3 Bargaining Power of Buyers 25
5.1.4 Threat of Substitutes 25
5.1.5 Rivalry 25
5.2 Value Chain Analysis 25
5.2.1 Raw Material 26
5.2.2 Production Process 26
5.2.3 Electrolysis Technology 26
5.2.4 End-Users 26
6 Global Hydrochloric Acid Electrolysis Market, By Technology 27
6.1 Overview 28
6.1.1 ODC Electrolysis 28
6.1.2 DuPont gas phase electrolysis 28
6.1.3 Diaphragm Electrolysis 28
6.1.4 Sumitomo Process 29
6.1.5 Others 29
7 Global Hydrochloric Acid Electrolysis Market, By Application 31
7.1 Overview 32
7.1.1 PVC Prodution & Chlorination 32
7.1.2 Polyurethane Industry 32
7.1.3 Metal Pickling 33
7.1.4 Fertilizers 33
7.1.5 Oil and Gas 33
7.1.6 Others 33
8 Global Hydrochloric Acid Electrolysis Market, By Region 35
8.1 Introduction 36
8.2 North America 37
8.2.1 U.S. 39
8.2.2 Canada 40
8.3 Europe 42
8.3.1 Germany 44
8.3.2 Portugal 45
8.3.3 France 46
8.4 Asia-Pacific 48
8.4.1 China 50
8.4.2 Japan 51
8.4.3 India 53
8.5 Rest of the World 55
9 Company Profiles 57
9.1 Thyssenkrupp AG 57
9.1.1 Company Overview 57
9.1.2 Financial Overview 57
9.1.3 Service Offering 58
9.1.4 Strategy 58
9.1.5 SWOT Analysis 59
9.2 E. I. du Pont de Nemours and Company 60
9.2.1 Company Overview 60
9.2.2 Financial Overview 60
9.2.3 Service Offering 61
9.2.4 Strategy 61
9.2.5 SWOT Analysis 62
9.3 Covestro AG 63
9.3.1 Company Overview 63
9.3.2 Financial Overview 63
9.3.3 Service Offering 64
9.3.4 Strategy 64
9.4 Mitsui Chemicals, Inc. 65
9.4.1 Company Overview 65
9.4.2 Financial Overview 65
9.4.3 Service Offering 66
9.4.4 Strategy 66
9.5 Sumitomo Chemical Co. Ltd. 67
9.5.1 Company Overview 67
9.5.2 Financial Overview 67
9.5.3 Service Offering 68
9.5.4 Strategy 68
9.6 Bluestar (Beijing) chemical machinery Co. Ltd. 69
9.6.1 Company Overview 69
9.6.2 Financial Overview 69
9.6.3 Product Offering 69
9.6.4 Strategy 69
