Global Hydroiodic Acid Market is projected to grow at a double-digit CAGR during 2023-2027. Hydroiodic Acid is used in metal & lead refinement, bleaching, electroplating, photography, disinfection, fertilizers, metal cleaners, and rust removal owing to these applications the demand for Hydroiodic Acid is swelling across the globe.
Moreover, the growing pharmaceutical sector across the globe is further anticipated to drive the Global Hydroiodic Acid Market during the forecast period owing to its use in pharmaceuticals to manufacture various medicines for chronic bronchitis, scrofula, malarial infections, etc. Hydroiodic Acid is used to produce toilet bowl cleaners and drain cleaners and is used as a rust remover, in batteries, and as a primer for artificial nails. Based on application, the market has been segmented into Iodine Compound and Chemical Reagent.
In 2021, the chemical reagent segment dominated the market owing to its various applications in complicated chemical processes, and the segment is anticipated to maintain its dominance over the next five years as well. Furthermore, it is also a common reducing agent for various industrial purposes and its high level of acidity allows it to kill several types of germs and viruses which is further driving the Hydroiodic Acid Market across the globe. Based on region, the APAC region led the global hydroiodic acid market in 2021 followed by North America, since countries like Japan and China are the major contributors in the market. The key players in the market are Iofina, Hanwei Chemical, GFS Chemicals, and Ajay-SQM, among others.
Some of the leading players in the Global Hydroiodic Acid Market
- Iofina
- Hanwei Chemical
- GFS Chemicals
- Ajay-SQM
- Boyuan Pharmaceutical & Chemical
- Jindian Chemical
- Omkar Chemicals etc.
The objective of the Study:
- To analyze and forecast the market size of the Hydroiodic Acid Market, in terms of value and volume.
- To classify and forecast the Global Hydroiodic Acid Market based on product type, end-use industry, application, and regional distribution.
- To identify drivers and challenges for the Global Hydroiodic Acid Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Hydroiodic Acid Market.
- To conduct the pricing analysis for the Hydroiodic Acid Market.
- To identify and analyze the profile of leading players involved in the manufacturing of the Global Hydroiodic Acid Market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers that could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels, and presence of all major collaboration manufacturers across the globe.
TechSci Research calculated the market size of the Global Hydroiodic Acid Market using a bottom-up approach, where data for various end-user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Acid Manufacturers
- Suppliers and Distributors
- Raw material suppliers
- End-Use Industries
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details | |
| Base Year | 2021 | |
| Historical Data | 2017 – 2020 | |
| Estimated Year | 2022 | |
| Forecast Period | 2023 – 2027 | |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F | |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends | |
| Segments covered | Product Type End Use Industry Application | |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa | |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore, Malaysia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Qatar, Saudi Arabia, Brazil, Argentina, Colombia | |
| Key companies profiled | Iofina, Hanwei Chemical, GFS Chemicals, Ajay-SQM, Boyuan Pharmaceutical&Chemical, Jindian Chemical, Omkar Chemicals. | |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. | |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options | |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) | |
Report Scope:
In this report, Global Hydroiodic Acid Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Product Type:
- Reagent Grade
- Industrial Grade
- Market, By End-Use Industry:
- Pharmaceutical
- Aerospace
- R&D
- Electronic industries
- Others
- Market, By Application:
- Iodine Compound
- Chemical Reagent
- Market, by Region:
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
- Asia Pacific
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Hydroiodic Acid Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
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Table of Content-Hydroiodic Acid Market
- Product Overview
- Research Methodology
- Impact of COVID-19 on Global Hydroiodic Acid Market
- Executive Summary
- Voice of Customer
5.1. Product Awareness
5.2. Factors Influencing Purchase Decision
5.3. Challenges/Issues Faced Post Purchase
- Global Hydroiodic Acid Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Product Type (Reagent Grade and Industrial Grade)
6.2.2. By Application (Iodine Compound and Chemical Reagent)
6.2.3. By End Use Industry (Pharmaceutical, Aerospace, R&D, Electronic industries and Others)
6.2.4. By Region
6.2.5. By Company
6.3. Market Attractiveness Index
- Asia-Pacific Hydroiodic Acid Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Product Type
7.2.2. By Application
7.2.3. By Country
7.3. Market Attractiveness Index
7.4. Asia-Pacific: Country Analysis
7.4.1. China Hydroiodic Acid Market Outlook
7.4.1.1. Market Size & Forecast
7.4.1.1.1. By Value & Volume
7.4.1.2. Market Share & Forecast
7.4.1.2.1. By Product Type
7.4.1.3. Market Attractiveness Index
7.4.2. India Hydroiodic Acid Market Outlook
7.4.2.1. Market Size & Forecast
7.4.2.1.1. By Value & Volume
7.4.2.2. Market Share & Forecast
7.4.2.2.1. By Product Type
7.4.2.3. Market Attractiveness Index
7.4.3. Japan Hydroiodic Acid Market Outlook
7.4.3.1. Market Size & Forecast
7.4.3.1.1. By Value & Volume
7.4.3.2. Market Share & Forecast
7.4.3.2.1. By Product Type
7.4.3.3. Market Attractiveness Index
7.4.4. South Korea Hydroiodic Acid Market Outlook
7.4.4.1. Market Size & Forecast
7.4.4.1.1. By Value & Volume
7.4.4.2. Market Share & Forecast
7.4.4.2.1. By Product Type
7.4.4.3. Market Attractiveness Index
7.4.5. Australia Hydroiodic Acid Market Outlook
7.4.5.1. Market Size & Forecast
7.4.5.1.1. By Value & Volume
7.4.5.2. Market Share & Forecast
7.4.5.2.1. By Product Type
7.4.5.3. Market Attractiveness Index
7.4.6. Singapore Hydroiodic Acid Market Outlook
7.4.6.1. Market Size & Forecast
7.4.6.1.1. By Value & Volume
7.4.6.2. Market Share & Forecast
7.4.6.2.1. By Product Type
7.4.6.3. Market Attractiveness Index
7.4.7. Malaysia Hydroiodic Acid Market Outlook
7.4.7.1. Market Size & Forecast
7.4.7.1.1. By Value & Volume
7.4.7.2. Market Share & Forecast
7.4.7.2.1. By Product Type
7.4.7.3. Market Attractiveness Index
- Europe Hydroiodic Acid Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Product Type
8.2.2. By Application
8.2.3. By Country
8.3. Market Attractiveness Index
8.4. Europe: Country Analysis
8.4.1. France Hydroiodic Acid Market Outlook
8.4.1.1. Market Size & Forecast
8.4.1.1.1. By Value & Volume
8.4.1.2. Market Share & Forecast
8.4.1.2.1. By Product Type
8.4.1.3. Market Attractiveness Index
8.4.2. Germany Hydroiodic Acid Market Outlook
8.4.2.1. Market Size & Forecast
8.4.2.1.1. By Value & Volume
8.4.2.2. Market Share & Forecast
8.4.2.2.1. By Product Type
8.4.2.3. Market Attractiveness Index
8.4.3. United Kingdom Hydroiodic Acid Market Outlook
8.4.3.1. Market Size & Forecast
8.4.3.1.1. By Value & Volume
8.4.3.2. Market Share & Forecast
8.4.3.2.1. By Product Type
8.4.3.3. Market Attractiveness Index
8.4.4. Italy Hydroiodic Acid Market Outlook
8.4.4.1. Market Size & Forecast
8.4.4.1.1. By Value & Volume
8.4.4.2. Market Share & Forecast
8.4.4.2.1. By Product Type
8.4.4.3. Market Attractiveness Index
8.4.5. Spain Hydroiodic Acid Market Outlook
8.4.5.1. Market Size & Forecast
8.4.5.1.1. By Value & Volume
8.4.5.2. Market Share & Forecast
8.4.5.2.1. By Product Type
8.4.5.3. Market Attractiveness Index
- North America Hydroiodic Acid Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Product Type
9.2.2. By Application
9.2.3. By Country
9.3. Market Attractiveness Index
9.4. North America: Country Analysis
9.4.1. United States Hydroiodic Acid Market Outlook
9.4.1.1. Market Size & Forecast
9.4.1.1.1. By Value & Volume
9.4.1.2. Market Share & Forecast
9.4.1.2.1. By Product Type
9.4.1.3. Market Attractiveness Index
9.4.2. Mexico Hydroiodic Acid Market Outlook
9.4.2.1. Market Size & Forecast
9.4.2.1.1. By Value & Volume
9.4.2.2. Market Share & Forecast
9.4.2.2.1. By Product Type
9.4.2.3. Market Attractiveness Index
9.4.3. Canada Hydroiodic Acid Market Outlook
9.4.3.1. Market Size & Forecast
9.4.3.1.1. By Value & Volume
9.4.3.2. Market Share & Forecast
9.4.3.2.1. By Product Type
9.4.3.3. Market Attractiveness Index
- South America Hydroiodic Acid Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Product Type
10.2.2. By Application
10.2.3. By Country
10.3. Market Attractiveness Index
10.3.1. Brazil Hydroiodic Acid Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value & Volume
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Product Type
10.3.1.3. Market Attractiveness Index
10.3.2. Argentina Hydroiodic Acid Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value & Volume
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Product Type
10.3.2.3. Market Attractiveness Index
10.3.3. Colombia Hydroiodic Acid Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value & Volume
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Product Type
10.3.3.3. Market Attractiveness Index
- Middle East and Africa Hydroiodic Acid Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Product Type
11.2.2. By Application
11.2.3. By Country
11.3. Market Attractiveness Index
11.4. MEA: Country Analysis
11.4.1. South Africa Hydroiodic Acid Market Outlook
11.4.1.1. Market Size & Forecast
11.4.1.1.1. By Value & Volume
11.4.1.2. Market Share & Forecast
11.4.1.2.1. By Product Type
11.4.1.3. Market Attractiveness Index
11.4.2. Saudi Arabia Hydroiodic Acid Market Outlook
11.4.2.1. Market Size & Forecast
11.4.2.1.1. By Value & Volume
11.4.2.2. Market Share & Forecast
11.4.2.2.1. By Product Type
11.4.2.3. Market Attractiveness Index
11.4.3. UAE Hydroiodic Acid Market Outlook
11.4.3.1. Market Size & Forecast
11.4.3.1.1. By Value & Volume
11.4.3.2. Market Share & Forecast
11.4.3.2.1. By Product Type
11.4.3.3. Market Attractiveness Index
11.4.4. Qatar Hydroiodic Acid Market Outlook
11.4.4.1. Market Size & Forecast
11.4.4.1.1. By Value & Volume
11.4.4.2. Market Share & Forecast
11.4.4.2.1. By Product Type
11.4.4.3. Market Attractiveness Index
- Market Dynamics
12.1. Drivers
12.2. Challenges
- Market Trends & Developments
- Competitive Landscape
14.1. Competition Outlook
14.2. Company Profiles (Top Leading Companies)
14.2.1. Iofina
14.2.2. Hanwei Chemical
14.2.3. GFS Chemicals
14.2.4. Ajay-SQM,
14.2.5. Boyuan Pharmaceutical&Chemical
14.2.6. Jindian Chemical
14.2.7. Omkar Chemicals
- Strategic Recommendation