Epoxy curing agent News The hydrochloric acid market is oversupplied and industry opportunities and challenges coexist

The hydrochloric acid market is oversupplied and industry opportunities and challenges coexist

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Hydrochloric acid, also known as hydrochloric acid, is an aqueous solution of hydrogen chloride. Hydrochloric acid is a common chemical with a colorless, transparent or yellow appearance, extremely corrosive and pungent odor, and is easily soluble in water, ethanol, ether and oil. According to different concentrations, hydrochloric acid can be divided into three types: industrial hydrochloric acid, concentrated hydrochloric acid and dilute hydrochloric acid. Among them, the mass fraction of hydrogen chloride in concentrated hydrochloric acid reaches 37.0%, which is extremely volatile. In addition, hydrochloric acid is a common trace element in the human body and is the main component of gastric acid. It can activate pepsinogen, provide a suitable acidic environment for pepsin, maintain the balance of gastrointestinal flora, and promote food digestion.

Hydrochloric acid has a wide range of applications and is often used in daily life, industry, pharmacy and other fields. In daily life, hydrochloric acid can be made into toilet cleaners, rust removers and other daily necessities by taking advantage of its ability to react with insoluble alkali. In the industrial field, industrial hydrochloric acid is made by burning hydrogen and chlorine and then absorbing it with water. It can be used for Pickling steel, preparing organic and inorganic compounds, adjusting solution pH, flame reaction, etc.; in the field of pharmacy, adding hydrochloric acid to drugs to make hydrochloride can change the physical and chemical properties of the drug to achieve disease treatment effects, mainly Including drugs such as metoprolol and atenolol that treat heart disease.

According to the “China Hydrochloric Acid Industry Market Analysis Research Report 2022-2027” released by the Industrial Research Center, in recent years, my country’s hydrochloric acid production has Continuously improving, my country’s hydrochloric acid production will reach 8.105 million tons in 2021, a year-on-year increase of 13.3%. However, affected by factors such as the COVID-19 epidemic, my country’s hydrochloric acid market demand has begun to shrink, resulting in oversupply. The size of my country’s hydrochloric acid market is showing a shrinking trend. In 2021, the size of my country’s hydrochloric acid market will reach 2.36 billion yuan, a year-on-year decrease of 4.1%.

At present, my country’s hydrochloric acid production capacity is concentrated in the mid- to low-end fields. In view of the difficulties faced by the development of the hydrochloric acid industry, many leading companies have made adjustments to the industrial structure and developed hydrochloric acid products in the direction of high-end products. Electronic grade hydrochloric acid is mainly used in the fields of medicine, chemicals, semiconductors, large-scale integrated circuits and other fields. High-purity electronic grade hydrochloric acid can also be used for chemical surface treatment of metals, laser gas mixtures, film production and carbon fiber surface treatment. Electronic grade hydrochloric acid is a high-end hydrochloric acid. Chemical products are widely used. Benefiting from the high prosperity of the new energy industry, the demand for electronic grade hydrochloric acid continues to increase, which brings opportunities for the development of the hydrochloric acid industry. However, at present, the technical barriers to electronic grade hydrochloric acid are relatively high, and my country needs to rely on the import market.

Industry analysts said that hydrochloric acid is a common chemical with a wide range of applications. However, affected by economic development and the epidemic, downstream market demand began to shrink, resulting in overcapacity of hydrochloric acid and oversupply in the market, which brought challenges to the development of my country’s hydrochloric acid industry. As leading companies continue to research and upgrade hydrochloric acid products, electronic-grade hydrochloric acid has gained broad market space as a high-end product, bringing new opportunities to the development of my country’s hydrochloric acid industry.

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