According to Technavio, the Global Hydrochloric Acid Market is poised for robust growth, with an expected increase of USD 978.77 million by 2028, growing at a 6.12% CAGR. The rise in PVC demand, particularly in the construction sector, is a major driver of this expansion. Hydrochloric acid is vital for industries such as pharmaceuticals, textiles, and steel manufacturing. In the steel industry, the acid is used to remove rust and surface impurities, ensuring high-quality production. However, environmental challenges associated with its corrosive properties remain an issue. Despite this, its use in applications like oil well acidizing and food processing keeps it integral to various industries.

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