Asia Pacific 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 Asia Pacific Hydrofluoric Acid Market would witness market growth of 6.3% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 866.3 Kilo Tonnes, showcasing a growth of 5.4% (2019-2022).

In the petroleum refining industry, fluorocarbons are utilized as catalysts in alkylation processes to enhance the octane rating of gasoline and produce high-quality fuels. Furthermore, fluorocarbons demonstrate exceptional chemical inertness and thermal stability, making them indispensable in metal processing applications such as surface treatment, metal pickling, and glass manufacturing. Therefore, the India market utilized 90.93 kilo tonnes Hydrofluoric acid in producing fluorocarbon in 2022.

The China market dominated the Asia Pacific Hydrofluoric Acid Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $296.7 Million by 2030. The Japan market is registering a CAGR of 5.6% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 6.9% during (2023 - 2030).

In laboratory settings, hydrofluoric acid is used for analytical and research purposes, including sample preparation, chemical analysis, and experimentation. Its strong acidic properties and reactivity make it useful for dissolving minerals, metals, and other inorganic substances. HF is also used for etching glassware and semiconductor materials in controlled laboratory environments. Additionally, in the automotive sector, hydrofluoric acid is used for various applications, including surface treatment of lightweight materials, corrosion protection, and functional coatings. It plays a role in enhancing the durability and performance of automotive components.

Furthermore, the expansion of the automotive industry translates into higher demand for HF. For instance, according to National Investment Promotion and Facilitation Agency, India's automobile sector is valued at over $222 billion and accounts for 35% of the manufacturing GDP. The automobile industry produced 22.93 Mn vehicles, including passenger, commercial, three-wheelers, two-wheelers, and quadricycles, from April 2021 to March 2022. Also, the glass industry utilizes hydrofluoric acid for glass etching and frosting. It selectively removes silica from glass surfaces, creating decorative patterns, matte finishes, or designs in glassware, architectural glass, and signage.

Manufacturing facilities for a range of electronic items, such as computers, televisions, cellphones, and other consumer electronics, have been established in India due to the growth of the country's electronics industry. These manufacturing processes often require hydrofluoric acid for metal surface treatment, cleaning, and etching applications. The expansion of China's electronics industry and its increasing market share result in higher demand for HF for domestic production and export-oriented manufacturing activities. Therefore, the expansion of the electronics industry in the region is propelling 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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

Asia Pacific 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)

China
Japan
India
South Korea
Singapore
Australia
Rest of Asia Pacific

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Asia Pacific Hydrofluoric Acid Market, by Grade
- 1.4.2Asia Pacific Hydrofluoric Acid Market, by Application
- 1.4.3Asia Pacific 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.Asia Pacific Hydrofluoric Acid Market by Grade

4.1Asia Pacific Anhydrous Market by Country
4.2Asia Pacific Diluted Market by Country

Chapter 5.Asia Pacific Hydrofluoric Acid Market by Application

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

Chapter 6.Asia Pacific Hydrofluoric Acid Market by Country

6.1China Hydrofluoric Acid Market
- 6.1.1China Hydrofluoric Acid Market by Grade
- 6.1.2China Hydrofluoric Acid Market by Application
6.2Japan Hydrofluoric Acid Market
- 6.2.1Japan Hydrofluoric Acid Market by Grade
- 6.2.2Japan Hydrofluoric Acid Market by Application
6.3India Hydrofluoric Acid Market
- 6.3.1India Hydrofluoric Acid Market by Grade
- 6.3.2India Hydrofluoric Acid Market by Application
6.4South Korea Hydrofluoric Acid Market
- 6.4.1South Korea Hydrofluoric Acid Market by Grade
- 6.4.2South Korea Hydrofluoric Acid Market by Application
6.5Singapore Hydrofluoric Acid Market
- 6.5.1Singapore Hydrofluoric Acid Market by Grade
- 6.5.2Singapore Hydrofluoric Acid Market by Application
6.6Australia Hydrofluoric Acid Market
- 6.6.1Australia Hydrofluoric Acid Market by Grade
- 6.6.2Australia Hydrofluoric Acid Market by Application
6.7Rest of Asia Pacific Hydrofluoric Acid Market
- 6.7.1Rest of Asia Pacific Hydrofluoric Acid Market by Grade
- 6.7.2Rest of Asia Pacific 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 1Asia Pacific Hydrofluoric Acid Market, 2019 - 2022, USD Million
TABLE 2Asia Pacific Hydrofluoric Acid Market, 2023 - 2030, USD Million
TABLE 3Asia Pacific Hydrofluoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4Asia Pacific Hydrofluoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5Asia Pacific Hydrofluoric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 6Asia Pacific Hydrofluoric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 7Asia Pacific Hydrofluoric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 8Asia Pacific Hydrofluoric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 9Asia Pacific Anhydrous Market by Country, 2019 - 2022, USD Million
TABLE 10Asia Pacific Anhydrous Market by Country, 2023 - 2030, USD Million
TABLE 11Asia Pacific Anhydrous Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12Asia Pacific Anhydrous Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13Asia Pacific Diluted Market by Country, 2019 - 2022, USD Million
TABLE 14Asia Pacific Diluted Market by Country, 2023 - 2030, USD Million
TABLE 15Asia Pacific Diluted Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16Asia Pacific Diluted Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17Asia Pacific Hydrofluoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 18Asia Pacific Hydrofluoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 19Asia Pacific Hydrofluoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 20Asia Pacific Hydrofluoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 21Asia Pacific Fluorocarbon Market by Country, 2019 - 2022, USD Million
TABLE 22Asia Pacific Fluorocarbon Market by Country, 2023 - 2030, USD Million
TABLE 23Asia Pacific Fluorocarbon Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24Asia Pacific Fluorocarbon Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25Asia Pacific Glass Etching Market by Country, 2019 - 2022, USD Million
TABLE 26Asia Pacific Glass Etching Market by Country, 2023 - 2030, USD Million
TABLE 27Asia Pacific Glass Etching Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28Asia Pacific Glass Etching Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29Asia Pacific Oil Refining Market by Country, 2019 - 2022, USD Million
TABLE 30Asia Pacific Oil Refining Market by Country, 2023 - 2030, USD Million
TABLE 31Asia Pacific Oil Refining Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32Asia Pacific Oil Refining Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33Asia Pacific Fluorinated Derivatives Market by Country, 2019 - 2022, USD Million
TABLE 34Asia Pacific Fluorinated Derivatives Market by Country, 2023 - 2030, USD Million
TABLE 35Asia Pacific Fluorinated Derivatives Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36Asia Pacific Fluorinated Derivatives Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37Asia Pacific Metal Pickling Market by Country, 2019 - 2022, USD Million
TABLE 38Asia Pacific Metal Pickling Market by Country, 2023 - 2030, USD Million
TABLE 39Asia Pacific Metal Pickling Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40Asia Pacific Metal Pickling Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 42Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 43Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45Asia Pacific Hydrofluoric Acid Market by Country, 2019 - 2022, USD Million
TABLE 46Asia Pacific Hydrofluoric Acid Market by Country, 2023 - 2030, USD Million
TABLE 47Asia Pacific Hydrofluoric Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48Asia Pacific Hydrofluoric Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49China Hydrofluoric Acid Market, 2019 - 2022, USD Million
TABLE 50China Hydrofluoric Acid Market, 2023 - 2030, USD Million
TABLE 51China Hydrofluoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 52China Hydrofluoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 53China Hydrofluoric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 54China Hydrofluoric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 55China Hydrofluoric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 56China Hydrofluoric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 57China Hydrofluoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 58China Hydrofluoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 59China Hydrofluoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 60China Hydrofluoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 61Japan Hydrofluoric Acid Market, 2019 - 2022, USD Million
TABLE 62Japan Hydrofluoric Acid Market, 2023 - 2030, USD Million
TABLE 63Japan Hydrofluoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 64Japan Hydrofluoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 65Japan Hydrofluoric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 66Japan Hydrofluoric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 67Japan Hydrofluoric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 68Japan Hydrofluoric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 69Japan Hydrofluoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 70Japan Hydrofluoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 71Japan Hydrofluoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 72Japan Hydrofluoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 73India Hydrofluoric Acid Market, 2019 - 2022, USD Million
TABLE 74India Hydrofluoric Acid Market, 2023 - 2030, USD Million
TABLE 75India Hydrofluoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 76India Hydrofluoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 77India Hydrofluoric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 78India Hydrofluoric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 79India Hydrofluoric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 80India Hydrofluoric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 81India Hydrofluoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 82India Hydrofluoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 83India Hydrofluoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84India Hydrofluoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85South Korea Hydrofluoric Acid Market, 2019 - 2022, USD Million
TABLE 86South Korea Hydrofluoric Acid Market, 2023 - 2030, USD Million
TABLE 87South Korea Hydrofluoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 88South Korea Hydrofluoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 89South Korea Hydrofluoric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 90South Korea Hydrofluoric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 91South Korea Hydrofluoric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 92South Korea Hydrofluoric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 93South Korea Hydrofluoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 94South Korea Hydrofluoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 95South Korea Hydrofluoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 96South Korea Hydrofluoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 97Singapore Hydrofluoric Acid Market, 2019 - 2022, USD Million
TABLE 98Singapore Hydrofluoric Acid Market, 2023 - 2030, USD Million
TABLE 99Singapore Hydrofluoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 100Singapore Hydrofluoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 101Singapore Hydrofluoric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 102Singapore Hydrofluoric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 103Singapore Hydrofluoric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 104Singapore Hydrofluoric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 105Singapore Hydrofluoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 106Singapore Hydrofluoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 107Singapore Hydrofluoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 108Singapore Hydrofluoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 109Australia Hydrofluoric Acid Market, 2019 - 2022, USD Million
TABLE 110Australia Hydrofluoric Acid Market, 2023 - 2030, USD Million
TABLE 111Australia Hydrofluoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 112Australia Hydrofluoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 113Australia Hydrofluoric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 114Australia Hydrofluoric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 115Australia Hydrofluoric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 116Australia Hydrofluoric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 117Australia Hydrofluoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 118Australia Hydrofluoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 119Australia Hydrofluoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 120Australia Hydrofluoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 121Rest of Asia Pacific Hydrofluoric Acid Market, 2019 - 2022, USD Million
TABLE 122Rest of Asia Pacific Hydrofluoric Acid Market, 2023 - 2030, USD Million
TABLE 123Rest of Asia Pacific Hydrofluoric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 124Rest of Asia Pacific Hydrofluoric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 125Rest of Asia Pacific Hydrofluoric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 126Rest of Asia Pacific Hydrofluoric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 127Rest of Asia Pacific Hydrofluoric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 128Rest of Asia Pacific Hydrofluoric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 129Rest of Asia Pacific Hydrofluoric Acid Market by Application, 2019 - 2022, USD Million
TABLE 130Rest of Asia Pacific Hydrofluoric Acid Market by Application, 2023 - 2030, USD Million
TABLE 131Rest of Asia Pacific Hydrofluoric Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 132Rest of Asia Pacific Hydrofluoric Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 133Key Information - Dongyue Group Limited
TABLE 134Key Information - daikin industries ltd.
TABLE 135Key Information - Honeywell International, Inc.
TABLE 136Key Information - Lanxess AG
TABLE 137Key Information - Solvay SA
TABLE 138Key Information - Sinochem Holdings Corporation Ltd.
TABLE 139Key Information - Fluorchemie Dohna GmbH
TABLE 140Key Information - Stella Chemifa Corporation
TABLE 141Key Information - Yingpeng Chemical Co., Ltd.
TABLE 142Key Information - Orbia Advance Corporation S.A.B. de CV

Asia Pacific 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