Analysis of COVID-19 on Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) Gas Market

Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) Gas Market – Description

  • Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) is a colorless gas with strong, pungent odor. It is hygroscopic in nature and it forms white fumes in moist air, which is a mist of hydrochloric acid. It is used in various industries such as chemical, electronics, food & beverages, steel & metals, and pharmaceutical.
  • Key applications of Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) gas include hydrochlorination of rubber, production of vinyl and alkyl chlorides, and production of pharmaceutical products. In the semiconductor industry, it is employed to etch semiconductor crystals and purify silicon via trichlorosilane (SiHCl3).

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What are the Key Growth Drivers of Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) Gas Market?

  • Rise in the demand for smartphones, tablets, and flash memory cards and increase in their application in consumer electronics have propelled the demand for Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) gas, as it is useful in gas-phase polishing of monocrystalline silicon.
  • Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) gas is widely used in the etching of epitaxial bases and production of large-scale integrated circuits and printed circuit boards (PCBs). Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) gas is employed in various surface-cleaning processes and in cleaning of LPCVD chambers.
  • Rise in the demand for consumer electronics appliances, increase in the disposable income in developing economies, and growth in the consumption of semiconductor materials in data processing and communication applications are anticipated to propel the demand for Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) gas during the forecast period.
  • In industrial applications, Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) gas is used to produce sulfuric chlorohydrins, regenerating catalysts, synthetic rubbers, methyl chloride, and vinyl chloride. It is also employed in oxichlorination.
  • Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) gas is an important material for silicon etching, passivation, and epitaxy in integrated circuit production. The purity of hydrogen chloride is increasingly in demand, with the development of large-scale integrated circuits.

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What are the Key Challenges in the Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) Gas Market?

  • High costs associated with the production and transportation of Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) gas are likely to restrain the market during the forecast period.
  • In addition, high competition from available substitutes, such as boron trichloride (BCl3), carbon tetrafluoride (CF4), and ammonia (NH3), is expected to create intense competition among manufacturers.

Lucrative opportunities in the Global Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) Gas Market

  • Rise in research on integrated circuits (ICs), optoelectronics, and radio frequency (RF) devices, such as monolithic microwave integrated circuits (MMICs), and electronic components coupled with heavy FDIs in the electronics industry, particularly in India and China, is expected to create lucrative opportunities for the global Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) market in the near future.
  • Increasingly stringent restrictions imposed on the content of hydrocarbons and carbon oxides during wafer processing and rapid rise in the production of ICs and PCBs are likely to boost the global Ultra-high-purity Anhydrous Hydrogen Chloride (HCl)gas market during the forecast period

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Asia Pacific to Dominate Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) Gas Market

  • China in the Asia Pacific region, is increasingly investing in chip and semiconductor production facilities. Increasing demand for chips specialized for artificial intelligence (AI) applications is boosting the market in the country.
  • India is expected to provide lucrative opportunities to manufacturers of Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) gas in the near future. The recent ‘Make in India’ campaign has encouraged players in India to reduce imports and develop high-quality products, thereby fueling the demand for Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) gas in the country.
  • Furthermore, focus on digitization and foreign direct investment (FDI) is likely to propel the electronics sector in India. This, in turn, is anticipated to drive the Ultra-high-purity Anhydrous Hydrogen Chloride (HCl) gas market in the country during the forecast period.
  • The electronics sector in India is anticipated to receive investments worth US$ 56.0 Bn between 2017 and 2024. All these factors are likely to propel the market in Asia Pacific during the forecast period.