Hydrofluoric Acid Market Research Report Forecast to 2030

Hydrofluoric Acid Market is anticipated to register a CAGR of 5.35% during the review period (2023 - 2030). Hydrofluoric acid is an inorganic acid that is vapid in nature and has a horrendous smell. Hydrofluoric acids are profoundly destructive in nature and are utilized to create a few fluorine-containing materials, for example, the as often as possible utilized energizer medication fluoxetine and Teflon. Hydrofluoric acid, otherwise called Hydrogen fluoride, is one of the individuals from exceptionally destructive acid gatherings.

Hydrofluoric acid is likewise applied to fabricate different fluorine-based synthetic compounds, herbicides, fuel, refrigerants, drug items, bright lights, plastics, and electrical parts. Aside from that, the significant utilization of hydrofluoric acid incorporates fluorocarbons creation, fluorinated subsidiary creation, battery electrolyte salts, pickling of steel or metals, glass drawing and cleaning, oil alkylation, refrigerant gases, fluoro-polymers creation, uranium fuel creation, and others.

Glass is a generally involved item in different gadgets including sun-based cells, microelectromechanical frameworks (MEMS) gadgets, and optical gadgets. For this multitude of uses, the glass needs to have a finished surface for better capability of the item. For example, to accomplish higher proficiency in sun-based cells, compelling light retention and light administration are essential which is accomplished utilizing surface finishing. Expanding interest for flimsy film silicon in sun oriented cell fabricating in accordance with growing logical examinations by different scholar and research foundations has been helping the reception of hydrofluoric acid, one such research by Sungkyunkwan College, Korea and Korea Hardware Innovation Establishment, Korea on the synthetic carving of glasses in hydrofluoric acid-based arrangement in 2017 has featured the advantages of wet drawing utilizing hydrofluoric acid over the dry plasma scratching. The advantages and benefits of wet drawing are the minimal expense and improved on process separated from its capacity to create very much controlled surface designs. Moreover, the property of hydrofluoric acid-based scratching helps in dissolving the glasses with next to no adjustment of their variety and is progressively utilized in the business creation of restroom reflects that involves acid drawing for printing plans.

Market Segmentation Insights

Based on grade, the Hydrofluoric Acid Market is classified into Anhydrous, diluted (<50% Conc.), Diluted (>50% Conc.).

Based on Application, the market is classified into Fluorocarbons Production, Fluoro-Polymers Production, Fluorinated Derivative Production, Battery Electrolyte Salts, Steel/Metal Pickling, Glass Etching & Cleaning, Petroleum Alkylation, Refrigerant Gases, Uranium Fuel Production and Others.

Regional Insights

The Asia Pacific Hydrofluoric Acid market holds the largest market share and is also anticipated to account for the largest revenue share during the forecast period. Asia-Pacific is the most populated region in the world, consisting of some of the major economies, including China, India, Japan, South Korea, Australia & New Zealand, and others.

Major Players

The key players operating in the hydrofluoric acid market include Honeywell International Inc. (US), Daikin Industries, Ltd (Japan), LANXESS (Germany), Solvay (Belgium), Stella Chemifa Corporation (Japan), Tanfac Industries Ltd (France), The Chemours Company (US), SRF Limited (India), Navin Fluorine International Limited (India), Merck KGaA (Germany), Morita Chemical Industries Co., Ltd. (Germany), Yingpeng Group (China), Fubao Group (China), Buss Chemtech AG (Switzerland) and Gulf Fluor (UAE).

Product Code: MRFR/CnM/8684-CR

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL HYDROFLUORIC ACID MARKET, BY GRADE
- 1.1.2 GLOBAL HYDROFLUORIC ACID MARKET, BY APPLICATION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
2.5 KEY BUYING CRITERIA

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS & LIMITATIONS
- 3.6.1 LIST OF ASSUMPTIONS & LIMITATIONS

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 GROWING DEMAND FOR FLUORINE COMPOUNDS FOR INDUSTRIAL PURPOSES
- 4.2.2 INCREASED DEMAND FOR HYDROFLUOROCARBONS AND HYDROFLUOROOLEFINS
- 4.2.3 DRIVERS IMPACT ANALYSIS
4.3 RESTRAINT
- 4.3.1 REGULATION ON THE USE OF HYDROFLUOROCARBONS
- 4.3.2 RESTRAINT IMPACT ANALYSIS
4.4 OPPORTUNITIES
- 4.4.1 INCREASING ADOPTION OF HYDROFLUORIC ACID IN GLASS ETCHING AND CLEANING APPLICATION
- 4.4.2 GROWTH OF THE REAL ESTATE SECTOR IN THE MIDDLE EAST & AFRICA

5 MARKET FACTOR ANALYSIS

5.1 HYDROFLUORIC ACID INDUSTRY OVERVIEW - FROM A MACRO-ECONOMIC PERSPECTIVE
5.2 SUPPLY CHAIN ANALYSIS
- 5.2.1 RAW MATERIAL SOURCING
- 5.2.2 HYDROFLUORIC ACID MANUFACTURING
- 5.2.3 DISTRIBUTION & SALES CHANNEL
- 5.2.4 END-USER
5.3 PORTER'S FIVE FORCES MODEL
- 5.3.1 THREAT OF NEW ENTRANTS
- 5.3.2 BARGAINING POWER OF SUPPLIERS
- 5.3.3 THREAT OF SUBSTITUTES
- 5.3.4 BARGAINING POWER OF BUYERS
- 5.3.5 INTENSITY OF RIVALRY
5.4 PRICING OVERVIEW, BY REGION, 2019 TO 2030 (USD/TONS)
5.5 IMPACT OF COVID-19 ON THE GLOBAL HYDROFLUORIC ACID MARKET
- 5.5.1 IMPACT ON PRODUCTION
- 5.5.2 IMPACT ON SUPPLY CHAIN
- 5.5.3 IMPACT ON DISTRIBUTION & SALES CHANNEL
- 5.5.4 IMPACT ON APPLICATION

6 GLOBAL HYDROFLUORIC ACID MARKET, BY GRADE

6.1 OVERVIEW
- 6.1.1 GLOBAL HYDROFLUORIC ACID MARKET ESTIMATES & FORECAST, BY GRADE, 2019-2030
6.2 ANHYDROUS
- 6.2.1 ANHYDROUS: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2030
6.3 DILUTED (<50% CONC.)
- 6.3.1 DILUTED(<50% CONC.): MARKET ESTIMATES & FORECAST, BY REGION, 2019-2030
6.4 DILUTED (>50% CONC.)
- 6.4.1 DILUTED(>50% CONC.): MARKET ESTIMATES & FORECAST, BY REGION, 2019-2030

7 GLOBAL HYDROFLUORIC ACID MARKET, BY APPLICATION

7.1 OVERVIEW
- 7.1.1 GLOBAL HYDROFLUORIC ACID MARKET ESTIMATES & FORECAST, BY APPLICATION, 2019-2030
7.2 FLUOROCARBONS PRODUCTION
- 7.2.1 FLUOROCARBONS PRODUCTION: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2030
7.3 FLUORO-POLYMERS PRODUCTION
- 7.3.1 FLUORO-POLYMERS PRODUCTION: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019-2030
7.4 FLUORINATED DERIVATIVE PRODUCTION
- 7.4.1 FLUORINATED DERIVATIVE PRODUCTION: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2019-2030
7.5 BATTERY ELECTROLYTE SALTS
- 7.5.1 BATTERY ELECTROLYTE SALTS: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2030
7.6 STEEL/METAL PICKLING
- 7.6.1 STEEL/METAL PICKLING: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2030
7.7 GLASS ETCHING & CLEANING
- 7.7.1 GLASS ETCHING & CLEANING: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2030
7.8 PETROLEUM ALKYLATION
- 7.8.1 PETROLEUM ALKYLATION: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2030
7.9 REFRIGERANT GASES
- 7.9.1 REFRIGERANT GASES: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2030
7.10 URANIUM FUEL PRODUCTION
- 7.10.1 URANIUM FUEL PRODUCTION: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2030
7.11 OTHERS
- 7.11.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2019-2030

8 GLOBAL HYDROFLUORIC ACID MARKET, BY REGION

8.1 OVERVIEW
8.2 NORTH AMERICA
- 8.2.1 US
- 8.2.2 CANADA
8.3 EUROPE
- 8.3.1 GERMANY
- 8.3.2 RUSSIA
- 8.3.3 UK
- 8.3.4 ITALY
- 8.3.5 FRANCE
- 8.3.6 SPAIN
- 8.3.7 REST OF EUROPE
8.4 ASIA-PACIFIC
- 8.4.1 CHINA
- 8.4.2 JAPAN
- 8.4.3 INDIA
- 8.4.4 SOUTH KOREA
- 8.4.5 AUSTRALIA & NEW ZEALAND
- 8.4.6 REST OF ASIA-PACIFIC
8.5 LATIN AMERICA
- 8.5.1 BRAZIL
- 8.5.2 MEXICO
- 8.5.3 ARGENTINA
- 8.5.4 REST OF LATIN AMERICA
8.6 MIDDLE AND AFRICA
- 8.6.1 GCC COUNTRIES
- 8.6.2 SOUTH AFRICA
- 8.6.3 REST OF MIDDLE EAST AND AFRICA

9 COMPETITIVE LANDSCAPE

9.1 INTRODUCTION
9.2 MARKET STRATEGY ANALYSIS
9.3 COMPETITIVE BENCHMARKING

10 COMPANY PROFILES

10.1 HONEYWELL INTERNATIONAL INC.
- 10.1.1 COMPANY OVERVIEW
- 10.1.2 FINANCIAL OVERVIEW
- 10.1.3 PRODUCTS OFFERED
- 10.1.4 KEY DEVELOPMENTS
- 10.1.5 SWOT ANALYSIS
- 10.1.6 KEY STRATEGIES
10.2 DAIKIN INDUSTRIES, LTD.
- 10.2.1 COMPANY OVERVIEW
- 10.2.2 FINANCIAL OVERVIEW
- 10.2.3 PRODUCTS OFFERED
- 10.2.4 KEY DEVELOPMENTS
- 10.2.5 SWOT ANALYSIS
- 10.2.6 KEY STRATEGIES
10.3 LANXESS
- 10.3.1 COMPANY OVERVIEW
- 10.3.2 FINANCIAL OVERVIEW
- 10.3.3 PRODUCTS OFFERED
- 10.3.4 KEY DEVELOPMENTS
- 10.3.5 SWOT ANALYSIS
- 10.3.6 KEY STRATEGIES
10.4 SOLVAY
- 10.4.1 COMPANY OVERVIEW
- 10.4.2 FINANCIAL OVERVIEW
- 10.4.3 PRODUCTS OFFERED
- 10.4.4 KEY DEVELOPMENTS
- 10.4.5 SWOT ANALYSIS
- 10.4.6 KEY STRATEGIES
10.5 STELLA CHEMIFA CORPORATION
- 10.5.1 COMPANY OVERVIEW
- 10.5.2 FINANCIAL OVERVIEW
- 10.5.3 PRODUCTS OFFERED
- 10.5.4 KEY DEVELOPMENTS
- 10.5.5 SWOT ANALYSIS
- 10.5.6 KEY STRATEGIES
10.6 TANFAC INDUSTRIES LTD.
- 10.6.1 COMPANY OVERVIEW
- 10.6.2 FINANCIAL OVERVIEW
- 10.6.3 PRODUCTS/SERVICES OFFERED
- 10.6.4 SWOT ANALYSIS
- 10.6.5 KEY DEVELOPMENTS
- 10.6.6 KEY STRATEGIES
10.7 THE CHEMOURS COMPANY
- 10.7.1 COMPANY OVERVIEW
- 10.7.2 FINANCIAL OVERVIEW
- 10.7.3 PRODUCTS/SERVICES OFFERED
- 10.7.4 KEY DEVELOPMENTS
- 10.7.5 SWOT ANALYSIS
- 10.7.6 KEY STRATEGIES
10.8 SRF LIMITED
- 10.8.1 COMPANY OVERVIEW
- 10.8.2 FINANCIAL OVERVIEW
- 10.8.3 PRODUCTS/SERVICES OFFERED
- 10.8.4 KEY DEVELOPMENTS
- 10.8.5 SWOT ANALYSIS
- 10.8.6 KEY STRATEGIES
10.9 NAVIN FLUORINE INTERNATIONAL LIMITED
- 10.9.1 COMPANY OVERVIEW
- 10.9.2 FINANCIAL OVERVIEW
- 10.9.3 PRODUCTS/SERVICES OFFERED
- 10.9.4 KEY DEVELOPMENTS
- 10.9.5 KEY STRATEGIES
10.10 MERCK KGAA
- 10.10.1 COMPANY OVERVIEW
- 10.10.2 FINANCIAL OVERVIEW
- 10.10.3 PRODUCTS/SERVICES OFFERED
- 10.10.4 KEY DEVELOPMENTS
- 10.10.5 KEY STRATEGIES
10.11 MORITA CHEMICAL INDUSTRIES CO., LTD.
- 10.11.1 COMPANY OVERVIEW
- 10.11.2 PRODUCTS/SERVICES OFFERED
- 10.11.3 KEY DEVELOPMENTS
- 10.11.4 KEY STRATEGIES
10.12 YINGPENG GROUP
- 10.12.1 COMPANY OVERVIEW
- 10.12.2 PRODUCTS/SERVICES OFFERED
- 10.12.3 KEY DEVELOPMENTS
- 10.12.4 KEY STRATEGIES
10.13 FUBAO GROUP
- 10.13.1 COMPANY OVERVIEW
- 10.13.2 PRODUCTS/SERVICES OFFERED
- 10.13.3 KEY DEVELOPMENTS
- 10.13.4 KEY STRATEGIES
10.14 BUSS CHEMTECH AG
- 10.14.1 COMPANY OVERVIEW
- 10.14.2 PRODUCTS/SERVICES OFFERED
- 10.14.3 KEY DEVELOPMENTS
- 10.14.4 KEY STRATEGIES
10.15 GULF FLUOR
- 10.15.1 COMPANY OVERVIEW
- 10.15.2 PRODUCTS/SERVICES OFFERED
- 10.15.3 KEY DEVELOPMENTS
- 10.15.4 KEY STRATEGIES

11 APPENDIX

11.1 REFERENCES
11.2 RELATED REPORTS