PUBLISHER: Grand View Research | PRODUCT CODE: 1404594
PUBLISHER: Grand View Research | PRODUCT CODE: 1404594
U.S. Anhydrous Hydrogen Fluoride Market Size, Share & Trends Analysis Report By Application (Fluoropolymers, Fluorogases, Pesticides, Others), By Region, And Segment Forecasts, 2023 - 2030
U.S. Anhydrous Hydrogen Fluoride Market Growth & Trends:
The U.S. anhydrous hydrogen fluoride market size is expected to reach USD 958.4 million by 2030, as per the new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.9% from 2023 to 2030. The growth is majorly driven by increasing demand for fluorogases and fluorochemicals owing to the growing trade of consumer goods such as electronics like a refrigerator where the fluorogases are used as refrigerant gases which is expected to shape the future outlook of the product market.
The demand from industrial applications is expected to be the major contributor driven by positive steady growth in disposable incomes as fluorogases and fluorochemicals are used in a majority of consumer goods. Growth in the fluorogases is expected to remain high as these gases are used in a wide range of industrial applications including commercial refrigeration, air-conditioning systems, and industrial refrigeration.
Anhydrous hydrogen fluoride is witnessing a surged demand from the chemicals industry in the U.S. as it is a primary building block in the production of several fluorine-containing chemicals. Anhydrous hydrogen fluoride is used for manufacturing fluorochemicals, fluoropolymers, surfactants, etc. These chemicals produced are widely used in automobiles and household utensils, among other applications.
The growth of the anhydrous hydrogen fluoride market in the U.S. is supported by a significant rise in fluorochemical production in the country owing to the easy and adequate availability of raw materials such as fluorite. Thus, manufacturers of anhydrous hydrogen fluoride are shifting and expanding their production units to the U.S.
The surging demand for electronic goods such as refrigerators and air conditioners from the U.S. is fueling the growth of the anhydrous hydrogen fluoride market in the country. The key players operating in the market are involved in extensive research and development activities for offering highly efficient products to maintain their position in the market.
U.S. Anhydrous Hydrogen Fluoride Market Report Highlights:
- Fluorogases application witnessed the highest CAGR of 5.0% over the forecast period, owing to its ability owing to their usage in a wide range of applications in end-use industries like electronics and consumer goods
- These gases are used in a wide range of industrial applications such as commercial refrigeration, industrial refrigeration, air-conditioning systems, heat pump equipment, blowing agents for foams, aerosol propellants, and solvents
- Southwest U.S. is expected to witness the highest CAGR of 5.3% over the forecast period, on the account of the large presence of manufacturers & end-users in the region and the flourishing chemical industry in the region
- In Southwest, Texas accounts for the largest production of anhydrous hydrogen fluoride owing to the presence of a well-established chemicals industry and the enhanced production capacities of leading players such as Solvay S.A. in the region
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Application
- 1.1.2. Regional scope
- 1.1.3. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Application outlook
- 2.2.2. Regional outlook
- 2.3. Competitive Insights
Chapter 3. U.S. Anhydrous Hydrogen Fluoride Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Value Chain Analysis
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market driver analysis
- 3.5.2. Market restraint analysis
- 3.5.3. Industry opportunities & challenges
- 3.6. U.S. Anhydrous Hydrogen Fluoride Market Analysis Tools
- 3.6.1. Industry Analysis - Porter's
- 3.6.1.1. Supplier power
- 3.6.1.2. Buyer power
- 3.6.1.3. Substitution threat
- 3.6.1.4. Threat of new entrant
- 3.6.1.5. Competitive rivalry
- 3.6.2. PESTEL Analysis
- 3.6.2.1. Political landscape
- 3.6.2.2. Technological landscape
- 3.6.2.3. Economic landscape
- 3.6.2.4. Social landscape
- 3.6.2.5. Environmental landscape
- 3.6.2.6. Legal landscape
- 3.6.1. Industry Analysis - Porter's
Chapter 4. Supplier Portfolio Analysis
- 4.1. List of Suppliers
- 4.2. Kraljic Matrix
- 4.3. Sourcing Best Practices
- 4.4. Negotiation Strategies
Chapter 5. U.S. Anhydrous Hydrogen Fluoride: Application Estimates & Trend Analysis
- 5.1. U.S. Anhydrous Hydrogen Fluoride Market: Key Takeaways
- 5.2. U.S. Anhydrous Hydrogen Fluoride Market: Movement & Market Share Analysis, 2022 & 2030
- 5.3. Fluoropolymers
- 5.3.1. Fluoropolymers market estimates and forecasts, 2018 to 2030 (USD Million, Kilo Tons)
- 5.4. Fluorogases
- 5.4.1. Fluorogases market estimates and forecasts, 2018 to 2030 (USD Million, Kilo Tons)
- 5.5. Pesticides
- 5.5.1. Pesticides market estimates and forecasts, 2018 to 2030 (USD Million, Kilo Tons)
- 5.6. Others
- 5.6.1. Others market estimates and forecasts, 2018 to 2030 (USD Million, Kilo Tons)
Chapter 6. U.S. Anhydrous Hydrogen Fluoride Market: Regional Estimates & Trend Analysis
- 6.1. Regional Outlook
- 6.2. U.S. Anhydrous Hydrogen Fluoride Market by Region: Key Takeaway
- 6.3. U.S.
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
- 6.3.2. Northeast
- 6.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
- 6.3.3. Southwest
- 6.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
- 6.3.4. West
- 6.3.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
- 6.3.5. Southeast
- 6.3.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
- 6.3.6. Midwest
- 6.3.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume, Kilo Tons)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Market Participant Categorization
- 7.2.1. Honeywell International Inc.
- 7.2.1.1. Company overview
- 7.2.1.2. Financial performance
- 7.2.1.3. Product benchmarking
- 7.2.1.4. Strategic initiatives
- 7.2.2. Solvay
- 7.2.2.1. Company overview
- 7.2.2.2. Financial performance
- 7.2.2.3. Product benchmarking
- 7.2.2.4. Strategic initiatives
- 7.2.3. Linde plc
- 7.2.3.1. Company overview
- 7.2.3.2. Financial performance
- 7.2.3.3. Product benchmarking
- 7.2.3.4. Strategic initiatives
- 7.2.4. Arkema
- 7.2.4.1. Company overview
- 7.2.4.2. Financial performance
- 7.2.4.3. Product benchmarking
- 7.2.4.4. Strategic initiatives
- 7.2.5. LANXESS
- 7.2.5.1. Company overview
- 7.2.5.2. Financial performance
- 7.2.5.3. Product benchmarking
- 7.2.5.4. Strategic initiatives
- 7.2.1. Honeywell International Inc.
List of Tables
- Table 1 List of abbreviation
- Table 2 U.S. anhydrous hydrogen fluoride market, by application, 2018 - 2030 (USD Million, Kilo Tons)
- Table 3 U.S. anhydrous hydrogen fluoride market, by region, 2018 - 2030 (USD Million, Kilo Tons)
- Table 4 Northeast anhydrous hydrogen fluoride market, by application, 2018 - 2030 (USD Million, Kilo Tons)
- Table 5 Southwest anhydrous hydrogen fluoride market, by application, 2018 - 2030 (USD Million, Kilo Tons)
- Table 6 West anhydrous hydrogen fluoride market, by application, 2018 - 2030 (USD Million, Kilo Tons)
- Table 7 Southeast anhydrous hydrogen fluoride market, by application, 2018 - 2030 (USD Million, Kilo Tons)
- Table 8 Midwest anhydrous hydrogen fluoride market, by application, 2018 - 2030 (USD Million, Kilo Tons)
List of Figures
- Fig. 1 Market research process
- Fig. 2 Data triangulation techniques
- Fig. 3 Primary research pattern
- Fig. 4 Market research approaches
- Fig. 5 Value-chain-based sizing & forecasting
- Fig. 6 QFD modeling for market share assessment
- Fig. 7 Market formulation & validation
- Fig. 8 U.S. anhydrous hydrogen fluoride: Market outlook
- Fig. 9 U.S. anhydrous hydrogen fluoride: Competitive insights
- Fig. 10 Parent market outlook
- Fig. 11 Related/ancillary market outlook
- Fig. 12 Penetration and growth prospect mapping
- Fig. 13 Industry value chain analysis
- Fig. 14 U.S. anhydrous hydrogen fluoride market driver impact
- Fig. 15 U.S. anhydrous hydrogen fluoride market restraint impact
- Fig. 16 U.S. anhydrous hydrogen fluoride market strategic initiatives analysis
- Fig. 17 U.S. anhydrous hydrogen fluoride market: Application movement analysis
- Fig. 18 U.S. anhydrous hydrogen fluoride market: Application outlook and key takeaways
- Fig. 19 Fluoropolymers market estimates and forecasts, 2018 - 2030
- Fig. 20 Fluorogases market estimates and forecasts, 2018 - 2030
- Fig. 21 Pesticides market estimates and forecasts, 2018 - 2030
- Fig. 22 Others market estimates and forecasts, 2018 - 2030
- Fig. 23 U.S. anhydrous hydrogen fluoride market: Regional movement analysis
- Fig. 24 U.S. anhydrous hydrogen fluoride market: Regional outlook and key takeaways
- Fig. 25 Northeast market estimates and forecasts, 2018 - 2030
- Fig. 26 Southwest market estimates and forecasts, 2018 - 2030
- Fig. 27 West market estimates and forecasts, 2018 - 2030
- Fig. 28 Southeast market estimates and forecasts, 2018 - 2030
- Fig. 29 Midwest market estimates and forecasts, 2018 - 2030
