Hydrochloric Acid Electrolysis Companies

In 2025, the global hydrochloric acid electrolysis market is estimated to be USD 865.9 million. It is projected to grow at a CAGR of 3.1% during the forecast period. By 2030, the market is projected to reach USD 1,009.4 million.

The hydrochloric acid electrolysis market is showing constant growth with the emerging demand for green/efficient chemical manufacturing processes. With many polyurethane (MDI/TDI), PVC, pharmaceutical, and water treatment industries producing large quantities of hydrochloric acid that become waste streams, there is an increased need to recover this waste and convert it into a value-added product. HCL electrolysis allows the recovery on-site of high-purity chlorine and hydrogen, decreasing dependence on third-party sources and small potential for hazardous waste disposal. This is in line with the global trends of the adoption of circular economic models and tighter environmental standards, such as in Europe. There are also developments in membrane and diaphragm technologies, enhancing the energy efficiency and reliability of processes, which makes electrolysis economically feasible to a wider range of manufacturers.

Hydrochloric Acid Electrolysis Companies

The major players in the hydrochloric acid electrolysis market with a significant global presence are  thyssenkrupp nucera (Germany), Industrie De Nora S.p.A. (Italy), Covestro AG (Germany), and Bluestar (Beijing) Chemical Machinery Co. Ltd. (China), among others. Market players have adopted strategies, such as expansions and partnerships to strengthen their positions in the hydrochloric acid electrolysis market.

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In April 2025, Industrie De Nora, an Italian multinational company renowned for its expertise in electrochemistry and leadership in sustainable technologies and the green hydrogen sector, inaugurated an Innovation Center in the US. Positioned as the company's hub for technological advancement in the region, the facility will focus on the development of advanced products and technologies. It will also enhance manufacturing capabilities for DSA electrodes used in the chlor-alkali industry and gas diffusion electrodes (GDEs) for emerging applications. The center will support innovation in core technologies, such as fuel cells and water electrolysis, along with the advancement of solutions for CO2 conversion and specialty chemical production. Spanning over 10,000 square feet, the Innovation Center is directly linked to De Nora’s existing production site in Mentor, Ohio, and is already set for future expansion. It is expected to reach an annual production capacity of up to 18,000 m² of GDEs and 30,000 m² of DSA electrodes.

thyssenkrupp nucera (Germany) is a leading provider of electrolysis technologies, offering a comprehensive portfolio that includes the design, engineering, and procurement of electrolysis systems, as well as the construction, commissioning, and maintenance of industrial plants. As a specialist in electrolyzer technologies, the company also provides plant design and selective services to clients developing their electrolysis facilities. With more than six decades of expertise in chemical plant engineering and electrolysis solutions, thyssenkrupp nucera builds on a strong industrial legacy to deliver advanced, high-efficiency, large-scale electrolysis plants. thyssenkrupp nucera provides advanced hydrochloric acid recycling solutions, helping industries efficiently manage HCl, which is frequently generated as a by-product in chlorine-based processes. The company’s offers the cutting-edge HCl electrolysis technology, particularly the HCl-ODC (Oxygen Depolarized Cathode) process. This innovative ODC technology has been developed and introduced to the market by thyssenkrupp nucera and its partners, Covestro and Industrie De Nora. The HCl diaphragm process was co-developed by the former Hoechst AG, Bayer AG, and thyssenkrupp nucera. The longstanding collaboration between Covestro (formerly Bayer MaterialScience AG) and thyssenkrupp nucera continues to this day, driving further advancements in electrolysis technology.

Industrie De Nora S.p.A. (Italy) is an Italian multinational company, publicly listed on the Euronext Milan stock exchange, specializing in electrochemistry and recognized as a leader in sustainable technologies with a role in the Green Economy. It is the world’s largest supplier of high-performance catalytic coatings and insoluble electrodes for electrochemical and industrial applications. De Nora is a leading provider of equipment, systems, and solutions for water and wastewater treatment, including disinfection and filtration technologies. The company operates 14 production sites, 24 operating subsidiaries, and 5 research and development centers. It has also developed cutting-edge electrolysis technology for hydrochloric acid, employing bipolar membrane cells integrated with Oxygen Depolarized Cathode (ODC) technology. This innovative solution was jointly developed and industrialized by De Nora, UHDENORA S.p.A., and Bayer Material Science AG, in collaboration with ThyssenKrupp Electrolysis GmbH.

Covestro AG (Germany) is a world-leading manufacturer of high-quality polymer materials, offering a comprehensive portfolio of products and services tailored to meet the diverse needs of various industries and markets. The company operates through two primary business segments: Performance Materials and Solutions & Specialties. The Performance Materials segment includes Covestro’s standard polycarbonates, standard urethane components, and essential base chemicals. the Solutions & Specialties segment is structured into six business entities: Engineering Plastics, Coatings and Adhesives, Tailored Urethanes, Thermoplastic Polyurethanes, Specialty Films, and Elastomers. As part of its chemical production processes, Covestro employs hydrochloric acid (HCl) electrolysis technology, particularly incorporating Oxygen Depolarized Cathode (ODC) technology, to produce chlorine and other chemicals. The company operates a global manufacturing network with 46 production sites worldwide.

MARKET RANKING

The market ranking provided on the hydrochloric acid electrolysis market helps determine the competitive position of the major players on the market according to their market share, technological strength, geographical presence, customer base, and strategy. Major players like thyssenkrupp nucera and De Nora are positioned in the primary positions as they have introduced the most developed electrolysis technologies, have good global presence, and extensive experience in installing large chemical plants. The trend of being both technology providers and end users collaborating so as to enable the customization of solutions and plant retrofits, which is also reflected in the ranking.

Related Reports:

Hydrochloric Acid Electrolysis Market by Technology (Membrane Technology, Diaphragm Technology), Application (Polyurethane Industry (MDI/TDI), PVC Production or Chlorination, Fumed Silica Production, Agrochemical, Other Applications), and Region - Global Forecast to 2030