PUBLISHER: The Business Research Company | PRODUCT CODE: 1926051
PUBLISHER: The Business Research Company | PRODUCT CODE: 1926051
Electronic-grade hydrofluoric acid (HF) is a meticulously refined form of HF utilized predominantly in the semiconductor industry and other advanced technological sectors where minimal impurities are critical. This grade of HF is indispensable for processes requiring utmost precision and cleanliness to prevent contamination and uphold the integrity of electronic components.
The primary classifications of electronic-grade HF encompass ultra-pure grade, ultra-pure special grade, ultra-pure super-special grade, and electronic grade. Ultra-pure grade generally denotes substances that have undergone extensive purification processes to attain an exceptionally high level of purity. It finds diverse applications in integrated circuits, solar energy systems, glass manufacturing, display panels, and various other industries including electronics, semiconductors, photovoltaics, chemicals, automotive, and more.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have had a significant impact on the electronic grade hydrofluoric acid market by increasing costs for cross border movement of ultra pure chemicals, specialized containers, and purification equipment. These impacts are particularly strong in Asia Pacific, North America, and Europe where semiconductor and photovoltaic manufacturing hubs depend on global chemical supply chains. Higher tariffs have increased operational expenses for chip manufacturers and chemical suppliers, occasionally affecting production timelines. However, tariffs have also accelerated localization of ultra pure chemical production, encouraged investment in domestic purification facilities, and enhanced supply chain resilience for critical electronic grade chemicals.
The electronic grade hydrofluoric acid market research report is one of a series of new reports from The Business Research Company that provides electronic grade hydrofluoric acid market statistics, including electronic grade hydrofluoric acid industry global market size, regional shares, competitors with a electronic grade hydrofluoric acid market share, detailed electronic grade hydrofluoric acid market segments, market trends and opportunities, and any further data you may need to thrive in the electronic grade hydrofluoric acid industry. This electronic grade hydrofluoric acid market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The electronic grade hydrofluoric acid market size has grown strongly in recent years. It will grow from $1.93 billion in 2025 to $2.07 billion in 2026 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to growth in semiconductor manufacturing, expansion of electronics production, increasing demand for precision etching chemicals, development of lcd and display panels, availability of high purity chemical processing.
The electronic grade hydrofluoric acid market size is expected to see strong growth in the next few years. It will grow to $2.62 billion in 2030 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to investment in advanced chip fabrication plants, growth of electric vehicles and power electronics, expansion of solar energy manufacturing, rising demand for miniaturized electronics, advancements in ultra pure chemical technologies. Major trends in the forecast period include rising demand from semiconductor fabrication facilities, growing use in advanced integrated circuit manufacturing, expansion of applications in photovoltaic cell production, increasing focus on ultra high purity chemical processing, strengthening safety and handling standards in hf usage.
The increasing adoption of electronic products is expected to propel the growth of the electronic-grade hydrofluoric acid market going forward. Electronic products include a wide range of devices such as smartphones, laptops, appliances, industrial equipment, and medical instruments. Their adoption is rising due to technological advancements, increased affordability, lifestyle convenience, and expanding digitalization across sectors. Electronic-grade hydrofluoric acid is vital in the manufacturing of these products, supporting precise patterning, wafer cleaning, surface modification, and other processes essential for producing reliable, high-performance electronic components. For example, in February 2024, the Japan Electronics and Information Technology Industries Association reported that consumer electronics production reached $201.91 million (¥31,685 million), up from $149.27 million (¥23,425 million) in January 2023. Therefore, the increasing adoption of electronic products is driving the growth of the electronic-grade hydrofluoric acid market.
The increasing adoption of electric vehicles (EVs) is also expected to support market growth. EVs run on electric motors powered by rechargeable batteries and incorporate a wide array of semiconductor components essential for vehicle safety, performance, and efficiency. Adoption of EVs is accelerating due to government incentives, improved battery technologies, the expansion of fast-charging infrastructure, and stricter emission regulations. Electronic-grade hydrofluoric acid is critical for producing the high-purity semiconductor components used in EV batteries, power electronics, sensors, and control systems. For example, in January 2024, Kelley Blue Book reported that U.S. consumers purchased a record 1.2 million electric vehicles in 2023, representing 7.6% of the total vehicle market-up from 5.9% in 2022. Therefore, the rising adoption of electric vehicles is fueling demand for electronic-grade hydrofluoric acid.
Major companies in the electronic-grade hydrofluoric acid market are focusing on expanding production capabilities and adopting advanced technologies to achieve higher purity, greater efficiency, and reduced environmental impact. These improvements support the semiconductor industry's stringent quality requirements. For instance, in October 2024, Sunlit Fluo & Chemical Co. Ltd, a Taiwan-based chemicals manufacturer, launched a new production facility in Phoenix. The facility produces specialty chemicals such as electronic-grade hydrofluoric acid and fluorinated solvents used in semiconductor and electronics manufacturing. It features advanced production technologies, rigorous quality-control systems, and sustainable operational practices to increase output and meet rising global demand for high-purity materials.
Major companies operating in the electronic grade hydrofluoric acid market are Honeywell International Inc., Merck KGaA, Solvay S.A., Air Products and Chemicals Inc., Formosa Daikin Advanced Chemicals Co. Ltd., Formosa Plastics Corporation, Shandong Dongyue Chemical Co. Ltd., KMG Chemicals, Zhejiang Juhua Co. Ltd., Stella Chemifa Corporation, Suzhou Crystal Clear Chemical Co.Ltd., Derivados del Fluor SAU, Zhejiang Sanmei Chemical Incorporated Company, G. Frederick Smith Chemical Company, Advance Research Chemicals Inc., Fujian Shaowu Yongfei Chemical Co. Ltd., Buss ChemTech AG, Loba Chemie Pvt Ltd., Morita Chemical Industries Co. Ltd., Kanto Chemical Co. Inc., Sunlit Chemical Co. Ltd., Hangzhou Dayangchem Co. Ltd., Rishiroop Polymers Pvt. Ltd., Sinochem Lantian Co. Ltd., Xinxiang Yellow River Fine Chemical Industry Co. Ltd.
North America was the largest region in the electronic grade hydrofluoric acid market in 2025. The regions covered in the electronic grade hydrofluoric acid market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the electronic grade hydrofluoric acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The electronic-grade hydrofluoric acid market consists of sales of liquid crystal display (LCD) grade, solar grade, optoelectronic grade, and analytical reagent grade hydrofluoric acid. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Electronic Grade Hydrofluoric Acid Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses electronic grade hydrofluoric acid market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for electronic grade hydrofluoric acid ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The electronic grade hydrofluoric acid market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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