North America Hydrofluoric Acid Market Size, Share & Trends Analysis Report By Grade, By Application (Fluorocarbon, Glass Etching, Oil Refining, Fluorinated Derivatives, Metal Pickling, and Others), By Country and Growth Forecast, 2023

Description

List of Tables

The North America Hydrofluoric Acid Market would witness market growth of 5.5% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 513.5 Kilo Tonnes, showcasing a growth of 4.8% (2019-2022).

Hydrofluoric acid is preferred for metal pickling due to its exceptional ability to dissolve various metal oxides, including iron, steel, aluminum, and stainless steel, while minimizing surface pitting and corrosion. The versatility of hydrofluoric acid enables its application across a wide range of industries including automotive, aerospace, electronics, and construction. Therefore, the Mexico market consumed 2.7 kilo tonnes of hydrofluoric acid in metal pickling in 2022.

The US market dominated the North America Hydrofluoric Acid Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $447.1 Million by 2030. The Canada market is experiencing a CAGR of 7.7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7% during (2023 - 2030).

The adoption trends of hydrofluoric acid (HF) reflect its widespread usage across various industries and its importance in enabling critical processes. For example, advancements in materials science, chemical engineering, and industrial processes are opening up new applications and industries for hydrofluoric acid. For example, the growing interest in nanotechnology and advanced materials drives demand for HF in nanolithography, nanopatterning, and nanodevice fabrication. Additionally, industries such as additive manufacturing (3D printing), biotechnology, and renewable energy are exploring hydrofluoric acid for specialized applications, further expanding its adoption across diverse sectors.

Hydrofluoric acid is a crucial catalyst in the alkylation process during oil refining. It helps produce high-octane gasoline by combining smaller hydrocarbon molecules, improving the quality and performance of gasoline products. Furthermore, hydrofluoric acid is employed in various chemical synthesis reactions in pharmaceuticals, agrochemicals, and specialty chemicals. It serves as a source of fluorine atoms, enabling the production of fluorinated organic compounds and pharmaceutical intermediates with specific properties and functionalities. HF-based reactions synthesize a wide range of specialty chemicals for diverse industrial applications.

Canada's semiconductor industry's growth has led to investments in semiconductor manufacturing facilities, research and development centers, and related infrastructure. These facilities require significant quantities of HF for semiconductor fabrication processes. According to Statistics Canada, in 2020, the Canadian semiconductor industry generated $28.8 billion in total output. In conclusion, the expansion of the oil refineries and the growing semiconductor industry are driving the market's growth.

Based on Grade, the market is segmented into Anhydrous and Diluted. Based on Application, the market is segmented into Fluorocarbon, Glass Etching, Oil Refining, Fluorinated Derivatives, Metal Pickling, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Dongyue Group Limited
Daikin Industries Ltd.
Honeywell International, Inc.
Lanxess AG
Solvay SA
Sinochem Holdings Corporation Ltd. (SASAC)
Fluorchemie Dohna GmbH
Stella Chemifa Corporation
Yingpeng Chemical Co., Ltd.
Orbia Advance Corporation S.A.B. de CV

North America Hydrofluoric Acid Market Report Segmentation

By Grade (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Anhydrous
Diluted

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Fluorocarbon
Glass Etching
Oil Refining
Fluorinated Derivatives
Metal Pickling
Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Hydrofluoric Acid Market, by Grade
- 1.4.2North America Hydrofluoric Acid Market, by Application
- 1.4.3North America Hydrofluoric Acid Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.North America Hydrofluoric Acid Market by Grade

4.1North America Anhydrous Market by Country
4.2North America Diluted Market by Country

Chapter 5.North America Hydrofluoric Acid Market by Application

5.1North America Fluorocarbon Market by Country
5.2North America Glass Etching Market by Country
5.3North America Oil Refining Market by Country
5.4North America Fluorinated Derivatives Market by Country
5.5North America Metal Pickling Market by Country
5.6North America Others Market by Country

Chapter 6.North America Hydrofluoric Acid Market by Country

6.1US Hydrofluoric Acid Market
- 6.1.1US Hydrofluoric Acid Market by Grade
- 6.1.2US Hydrofluoric Acid Market by Application
6.2Canada Hydrofluoric Acid Market
- 6.2.1Canada Hydrofluoric Acid Market by Grade
- 6.2.2Canada Hydrofluoric Acid Market by Application
6.3Mexico Hydrofluoric Acid Market
- 6.3.1Mexico Hydrofluoric Acid Market by Grade
- 6.3.2Mexico Hydrofluoric Acid Market by Application
6.4Rest of North America Hydrofluoric Acid Market
- 6.4.1Rest of North America Hydrofluoric Acid Market by Grade
- 6.4.2Rest of North America Hydrofluoric Acid Market by Application

Chapter 7.Company Profiles

7.1Dongyue Group Limited
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental and Regional Analysis
- 7.1.4Research & Development Expenses
- 7.1.5SWOT Analysis
7.2Daikin Industries Ltd.
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Segmental and Regional Analysis
- 7.2.4Research & Development Expenses
- 7.2.5SWOT Analysis
7.3Honeywell International, Inc.
- 7.3.1Company Overview
- 7.3.2Financial Analysis
- 7.3.3Segmental and Regional Analysis
- 7.3.4Research & Development Expenses
- 7.3.5SWOT Analysis
7.4Lanxess AG
- 7.4.1Company Overview
- 7.4.2Financial Analysis
- 7.4.3Segmental and Regional Analysis
- 7.4.4Research & Development Expenses
- 7.4.5SWOT Analysis
7.5Solvay SA
- 7.5.1Company Overview
- 7.5.2Financial Analysis
- 7.5.3Segmental and Regional Analysis
- 7.5.4Research & Development Expenses
- 7.5.5Recent strategies and developments:
  - 7.5.5.1Partnerships, Collaborations, and Agreements:
- 7.5.6SWOT Analysis
7.6Sinochem Holdings Corporation Ltd. (SASAC)
- 7.6.1Company Overview
- 7.6.2SWOT Analysis
7.7Fluorchemie Dohna GmbH
- 7.7.1Company Overview
- 7.7.2SWOT Analysis
7.8Stella Chemifa Corporation
- 7.8.1Company Overview
- 7.8.2Financial Analysis
- 7.8.3Segmental and Regional Analysis
- 7.8.4SWOT Analysis
7.9Yingpeng Chemical Co., Ltd.
- 7.9.1Company Overview
- 7.9.2SWOT Analysis
7.10.Orbia Advance Corporation S.A.B. de CV
- 7.10.1Company Overview
- 7.10.2Financial Analysis
- 7.10.3Segmental and Regional Analysis
- 7.10.4SWOT Analysis

LIST OF TABLES

TABLE 1North America Hydrofluoric Acid Market, 2019 - 2022, USD Million
TABLE 2North America Hydrofluoric Acid Market, 2023 - 2030, USD Million
TABLE 3North America Hydrofluoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4North America Hydrofluoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5North America Hydrofluoric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 6North America Hydrofluoric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 7North America Hydrofluoric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 8North America Hydrofluoric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 9North America Anhydrous Market by Country, 2019 - 2022, USD Million
TABLE 10North America Anhydrous Market by Country, 2023 - 2030, USD Million
TABLE 11North America Anhydrous Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12North America Anhydrous Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13North America Diluted Market by Country, 2019 - 2022, USD Million
TABLE 14North America Diluted Market by Country, 2023 - 2030, USD Million
TABLE 15North America Diluted Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16North America Diluted Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17North America Hydrofluoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 18North America Hydrofluoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 19North America Hydrofluoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 20North America Hydrofluoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 21North America Fluorocarbon Market by Country, 2019 - 2022, USD Million
TABLE 22North America Fluorocarbon Market by Country, 2023 - 2030, USD Million
TABLE 23North America Fluorocarbon Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24North America Fluorocarbon Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25North America Glass Etching Market by Country, 2019 - 2022, USD Million
TABLE 26North America Glass Etching Market by Country, 2023 - 2030, USD Million
TABLE 27North America Glass Etching Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28North America Glass Etching Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29North America Oil Refining Market by Country, 2019 - 2022, USD Million
TABLE 30North America Oil Refining Market by Country, 2023 - 2030, USD Million
TABLE 31North America Oil Refining Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32North America Oil Refining Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33North America Fluorinated Derivatives Market by Country, 2019 - 2022, USD Million
TABLE 34North America Fluorinated Derivatives Market by Country, 2023 - 2030, USD Million
TABLE 35North America Fluorinated Derivatives Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36North America Fluorinated Derivatives Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37North America Metal Pickling Market by Country, 2019 - 2022, USD Million
TABLE 38North America Metal Pickling Market by Country, 2023 - 2030, USD Million
TABLE 39North America Metal Pickling Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40North America Metal Pickling Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41North America Others Market by Country, 2019 - 2022, USD Million
TABLE 42North America Others Market by Country, 2023 - 2030, USD Million
TABLE 43North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45North America Hydrofluoric Acid Market by Country, 2019 - 2022, USD Million
TABLE 46North America Hydrofluoric Acid Market by Country, 2023 - 2030, USD Million
TABLE 47North America Hydrofluoric Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48North America Hydrofluoric Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49US Hydrofluoric Acid Market, 2019 - 2022, USD Million
TABLE 50US Hydrofluoric Acid Market, 2023 - 2030, USD Million
TABLE 51US Hydrofluoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 52US Hydrofluoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 53US Hydrofluoric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 54US Hydrofluoric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 55US Hydrofluoric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 56US Hydrofluoric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 57US Hydrofluoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 58US Hydrofluoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 59US Hydrofluoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 60US Hydrofluoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 61Canada Hydrofluoric Acid Market, 2019 - 2022, USD Million
TABLE 62Canada Hydrofluoric Acid Market, 2023 - 2030, USD Million
TABLE 63Canada Hydrofluoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 64Canada Hydrofluoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 65Canada Hydrofluoric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 66Canada Hydrofluoric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 67Canada Hydrofluoric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 68Canada Hydrofluoric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 69Canada Hydrofluoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 70Canada Hydrofluoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 71Canada Hydrofluoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 72Canada Hydrofluoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 73Mexico Hydrofluoric Acid Market, 2019 - 2022, USD Million
TABLE 74Mexico Hydrofluoric Acid Market, 2023 - 2030, USD Million
TABLE 75Mexico Hydrofluoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 76Mexico Hydrofluoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 77Mexico Hydrofluoric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 78Mexico Hydrofluoric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 79Mexico Hydrofluoric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 80Mexico Hydrofluoric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 81Mexico Hydrofluoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 82Mexico Hydrofluoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 83Mexico Hydrofluoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84Mexico Hydrofluoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85Rest of North America Hydrofluoric Acid Market, 2019 - 2022, USD Million
TABLE 86Rest of North America Hydrofluoric Acid Market, 2023 - 2030, USD Million
TABLE 87Rest of North America Hydrofluoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 88Rest of North America Hydrofluoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 89Rest of North America Hydrofluoric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 90Rest of North America Hydrofluoric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 91Rest of North America Hydrofluoric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 92Rest of North America Hydrofluoric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 93Rest of North America Hydrofluoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 94Rest of North America Hydrofluoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 95Rest of North America Hydrofluoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 96Rest of North America Hydrofluoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 97Key Information - Dongyue Group Limited
TABLE 98Key Information - daikin industries ltd.
TABLE 99Key Information - Honeywell International, Inc.
TABLE 100Key Information - Lanxess AG
TABLE 101Key Information - Solvay SA
TABLE 102Key Information - Sinochem Holdings Corporation Ltd.
TABLE 103Key Information - Fluorchemie Dohna GmbH
TABLE 104Key Information - Stella Chemifa Corporation
TABLE 105Key Information - Yingpeng Chemical Co., Ltd.
TABLE 106Key Information - Orbia Advance Corporation S.A.B. de CV

North America Hydrofluoric Acid Market Size, Share & Trends Analysis Report By Grade, By Application (Fluorocarbon, Glass Etching, Oil Refining, Fluorinated Derivatives, Metal Pickling, and Others), By Country and Growth Forecast, 2023 - 2030