Procurement Resource Evaluates the Price Trends of Hydrochloric Acid in its Latest Insights and Dashboard
Price Trends of Hydrochloric Acid in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Hydrochloric Acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; Customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of Hydrochloric Acid can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
Hydrochloric Acid also known as Muriatic Acid is a hydrogen chloride aqueous solution (chemical formula: HCl). The liquid is colourless and has a strong, unpleasant odour. It is classified as a strong acid. In the digestive processes of most animal species, including humans, it is a component of stomach acid. Hydrochloric acid is a widely used laboratory reagent and industrial chemical.
Also Check Hydrochloric Acid Production Cost Report – https://www.procurementresource.com/production-cost-report-store/hydrochloric-acid
Regions Covered to Evaluate Hydrochloric Acid Price Trend:
North America
South America
Europe
The Asia Pacific
The Middle East
Africa
Industrial Uses Impacting Hydrochloric Acid Price Trend:
Hydrochloric acid has a wide range of applications. It’s utilised in the manufacture of chlorides, fertilisers, and dyes, as well as in electroplating, photography, textiles, and rubber. Many mining operations use hydrochloric acid for ore treatment, extraction, separation, purification, and water treatment. Other food processing applications for hydrochloric acid include the synthesis of hydrolyzed vegetable protein and soy sauce. It’s used to acidify crushed bones to produce gelatin, as well as an acidifier in sauces, vegetable juices, and canned goods.
Key Market Players:
Solvay SA
Covestro AG
Olin Corporation
BASF SE
AGC Inc
The Dow Chemical Company
Occidental Petroleum Corporation
News and Events:
Evonik and Wynca, opened China’s new fumed silica operation in the Zhejiang New Material Industry Park in October 2021. The new plant will produce high-value fumed silica goods, while Wynca’s unit will use the by-product hydrochloric acid as a raw material.
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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