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The increasing demand for hydrochloric acid in methylenediphenyl diisocyanate (MDI)/ toluene diisocyanate (TDI) industry globally is driving the market in the forecasted period. In the steel industry HCl is used during the processing of ore. The HCL majorly used for the production of calcium chloride and ethyl dichloride. The growth of food and oil & gas industry as well as the steel and pharmaceutical industry are fueling the growth of the HCL market during the forecast period.

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