| Product Code: ETC194196 | Publication Date: Jul 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
India`s anhydrous hydrogen chloride import shipments in 2024 were primarily sourced from top exporting countries such as Japan, Israel, China, Jordan, and the USA. The market displayed a high Herfindahl-Hirschman Index (HHI) concentration throughout the year. Despite a modest compound annual growth rate (CAGR) of 0.92% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -15.82%. This data suggests a mixed performance in the market dynamics of anhydrous hydrogen chloride imports to India, indicating potential shifts in supply chains and demand patterns.
Anhydrous Hydrogen Chloride (HCl) is a colorless, corrosive gas highly soluble in water. It is widely used in the production of pharmaceuticals, plastic resins, dyes and other chemicals. In India, anhydrous HCl is mainly produced through chlor-alkali processes based on mercury or membrane technology for chlorine production. The demand for anhydrous hydrogen chloride has grown significantly over the past few years due to its use in various industries such as petrochemicals, rubber processing, and oil refining.
India increasing focus on industrial development coupled with rising consumer spending has been driving the demand for anhydrous HCl from downstream sectors such as textiles and automotive manufacturing since 2018. This growth trend will continue to be observed over the forecast period owing to government initiatives such as Make in India program which aims at making India a global hub for manufacturing activities by providing tax incentives & relaxed regulatory framework along with increased foreign investments into the country`s automobile sector. Moreover, the growing population arising from urbanization leading to higher disposable income enabling people to purchase luxury goods will further propel the market growth during the forecasted timeframe.
The major challenge faced by manufacturers of Anhydrous HCL is stringent regulations imposed by environmental bodies on the usage of hazardous substances like chlorine and hydrochloric acid so as not to hamper ecological balance across regions which might restrict their business opportunities within local boundaries restraining industry expansion throughout the forecasted timeframe. Additionally, volatile prices of raw materials along with high capital investment requirements may also hamper market share, especially amongst small-scale enterprises operating within this space.
A few key players dominating India Anhydrous Hydrogen Chloride Market include Gujarat Alkalies & Chemicals Ltd., Aarti Industries Ltd., SRF Limited., Delhi Solvents Pvt Ltd., Raj Petro Specialities Pvt Ltd,, Microfine Industries Private Limited others garnering significant shares from overall market revenue generated annually.
The outbreak had led to disruption across the supply chain system thereby resulting into increase cost pressure on manufacturers involved within this space leading towards extension in delivery timelines impacting customer relationships negatively and eventually hampering industry profits over the short run. However, the gradual recovery post-lockdown phase followed by improvement witnessed within export figures has enabled companies associated herewith to regain lost ground albeit at a slow pace.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Anhydrous Hydrogen Chloride Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Anhydrous Hydrogen Chloride Market Revenues & Volume, 2021 & 2031F |
3.3 India Anhydrous Hydrogen Chloride Market - Industry Life Cycle |
3.4 India Anhydrous Hydrogen Chloride Market - Porter's Five Forces |
3.5 India Anhydrous Hydrogen Chloride Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 India Anhydrous Hydrogen Chloride Market Revenues & Volume Share, By Supply, 2021 & 2031F |
3.7 India Anhydrous Hydrogen Chloride Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Anhydrous Hydrogen Chloride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for anhydrous hydrogen chloride in the pharmaceutical industry for drug manufacturing. |
4.2.2 Growth in the chemical industry in India, leading to higher consumption of anhydrous hydrogen chloride in various processes. |
4.2.3 Rise in the usage of anhydrous hydrogen chloride in water treatment applications due to increasing concerns about water quality. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting the production cost of anhydrous hydrogen chloride. |
4.3.2 Strict regulatory standards and environmental concerns regarding the handling and disposal of anhydrous hydrogen chloride. |
5 India Anhydrous Hydrogen Chloride Market Trends |
6 India Anhydrous Hydrogen Chloride Market, By Types |
6.1 India Anhydrous Hydrogen Chloride Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 India Anhydrous Hydrogen Chloride Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 India Anhydrous Hydrogen Chloride Market Revenues & Volume, By Electronic Grade, 2021-2031F |
6.1.4 India Anhydrous Hydrogen Chloride Market Revenues & Volume, By Refrigerant Grade, 2021-2031F |
6.1.5 India Anhydrous Hydrogen Chloride Market Revenues & Volume, By Analytical Grade, 2021-2031F |
6.2 India Anhydrous Hydrogen Chloride Market, By Supply |
6.2.1 Overview and Analysis |
6.2.2 India Anhydrous Hydrogen Chloride Market Revenues & Volume, By Off Site, 2021-2031F |
6.2.3 India Anhydrous Hydrogen Chloride Market Revenues & Volume, By On Site, 2021-2031F |
6.3 India Anhydrous Hydrogen Chloride Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Anhydrous Hydrogen Chloride Market Revenues & Volume, By Etching, 2021-2031F |
6.3.3 India Anhydrous Hydrogen Chloride Market Revenues & Volume, By Refrigerant, 2021-2031F |
6.3.4 India Anhydrous Hydrogen Chloride Market Revenues & Volume, By Chemical Raw Material, 2021-2031F |
6.3.5 India Anhydrous Hydrogen Chloride Market Revenues & Volume, By Laboratory, 2021-2031F |
7 India Anhydrous Hydrogen Chloride Market Import-Export Trade Statistics |
7.1 India Anhydrous Hydrogen Chloride Market Export to Major Countries |
7.2 India Anhydrous Hydrogen Chloride Market Imports from Major Countries |
8 India Anhydrous Hydrogen Chloride Market Key Performance Indicators |
8.1 Average selling price of anhydrous hydrogen chloride in the Indian market. |
8.2 Number of new applications or industries adopting anhydrous hydrogen chloride. |
8.3 Investment in research and development for improving the production process and quality of anhydrous hydrogen chloride. |
9 India Anhydrous Hydrogen Chloride Market - Opportunity Assessment |
9.1 India Anhydrous Hydrogen Chloride Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 India Anhydrous Hydrogen Chloride Market Opportunity Assessment, By Supply, 2021 & 2031F |
9.3 India Anhydrous Hydrogen Chloride Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Anhydrous Hydrogen Chloride Market - Competitive Landscape |
10.1 India Anhydrous Hydrogen Chloride Market Revenue Share, By Companies, 2024 |
10.2 India Anhydrous Hydrogen Chloride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |