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Global Hydrofluoric Acid Market Size study, by Grade (Anhydrous, Diluted) by Application (Fluorocarbon, Fluorinated Derivatives, Metal Pickling, Glass Etching, Oil Refining, Others) and Regional Forecasts 2022-2028

  • BIZ4982689
  • 200 Pages
  • May 2022
  • Materials and Chemicals
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Global Hydrofluoric Acid Market is valued approximately USD 992 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.2 % over the forecast period 2022-2028. Hydrofluoric acid is frequently used in the chemical industry to make fluorides, fluoropolymers, and fluorocarbons, among other fluorine-based products. Purified fluorspar is heated with concentrated sulfuric acid to produce the product. It is then cooled and dissolved in water to form a condensate. Furthermore, because it is strongly reactive to glass and moderately reactive to metals, it is commonly employed in plastic containers. It is sold in a variety of packaging options, including drums, IBCs, and jerrycans, depending on the customer's quantities and demands. These containers are constructed to the greatest safety requirements and provide customised services. The growth can be ascribed to increased product usage in a variety of end-use applications, including refrigerants, metals, fluorocarbons, aluminum, plastics, and oil refining. Furthermore, throughout the forecast period, rising need for high-grade acids is expected to drive product demand. Because of their high quality, hydrofluoro-olefins and hydrofluorcarbons are also widely employed in refrigerants around the world. HCFCs have already been phased out in Europe, and they are being phased out in North America. According to the Montreal Protocol, non-article 5 parties must phase out HCFCs by 2030, and article 5 parties must phase out HCFCs by 2040. As a result, alternatives with zero ODP are being used, such as HFCs and HFOs. As a result, fluorocarbon manufacturing is predicted to continue to be the most common use of hydrofluoric acid over the forecast period. It's also used to make aluminum fluoride, which is widely used in a variety of aluminum products. Hydrofluoric acid is becoming more popular in the fluorocarbon industry as a non-chlorinated alternative to ozone-depleting chlorofluorocarbons. It's widely utilized as a cleaning agent and etchant in stainless steel pickling in the semiconductor industry. However, strict regulations for the use of Fluorocarbons impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Hydrofluoric Acid Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific had the greatest market share. This is due to the presence of multiple fluorocarbon factories around the region. Over the projection period, the industry is expected to be the fastest-growing market. China's increased need for metal, electronics, and semiconductors is having a beneficial impact on product demand. In addition, increased use in the national defence, industrial, and civil production industries is predicted to drive market expansion.

Major market player included in this report are:

Daikin

Dongyue Group

Sinochem

Yingpeng Chemical

Honeywell International Inc.

Stella Chemifa Corp.

Koura Global

Lanxess

Solvay

Mexichem

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Grade:

Anhydrous

Diluted

By Application:

Fluorocarbon

Fluorinated Derivatives

Metal Pickling

Glass Etching

Oil Refining

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Hydrofluoric Acid Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Hydrofluoric Acid Market, by Region, 2020-2028 (USD Million)

1.2.2. Hydrofluoric Acid Market, by Grade, 2020-2028 (USD Million)

1.2.3. Hydrofluoric Acid Market, by Application, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Hydrofluoric Acid Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Hydrofluoric Acid Market Dynamics

3.1. Hydrofluoric Acid Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Increasing the consumption of hydrofluoric acid in the production of fluorochemicals and fluorine components

3.1.1.2. Growing product utilization in several end-use applications

3.1.2. Market Challenges

3.1.2.1. Strict regulations for the use of Fluorocarbons

3.1.2.2. Fluctuation in raw materials prices and avialabilty

3.1.3. Market Opportunities

3.1.3.1. Use of fluoropolymers in emerging energy storage technologies

3.1.3.2. Use in semiconductor industry as a cleaning agent

Chapter 4. Global Hydrofluoric Acid Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Hydrofluoric Acid Market, by Grade

6.1. Market Snapshot

6.2. Global Hydrofluoric Acid Market by Grade, Performance - Potential Analysis

6.3. Global Hydrofluoric Acid Market Estimates & Forecasts by Grade 2018-2028 (USD Million)

6.4. Hydrofluoric Acid Market, Sub Segment Analysis

6.4.1. Anhydrous

6.4.2. Diluted

Chapter 7. Global Hydrofluoric Acid Market, by Application

7.1. Market Snapshot

7.2. Global Hydrofluoric Acid Market by Application, Performance - Potential Analysis

7.3. Global Hydrofluoric Acid Market Estimates & Forecasts by Application 2018-2028 (USD Million)

7.4. Hydrofluoric Acid Market, Sub Segment Analysis

7.4.1. Fluorocarbon

7.4.2. Fluorinated Derivatives

7.4.3. Metal Pickling

7.4.4. Glass Etching

7.4.5. Oil Refining

7.4.6. Others

Chapter 8. Global Hydrofluoric Acid Market, Regional Analysis

8.1. Hydrofluoric Acid Market, Regional Market Snapshot

8.2. North America Hydrofluoric Acid Market

8.2.1. U.S. Hydrofluoric Acid Market

8.2.1.1. Grade breakdown estimates & forecasts, 2018-2028

8.2.1.2. Application breakdown estimates & forecasts, 2018-2028

8.2.2. Canada Hydrofluoric Acid Market

8.3. Europe Hydrofluoric Acid Market Snapshot

8.3.1. U.K. Hydrofluoric Acid Market

8.3.2. Germany Hydrofluoric Acid Market

8.3.3. France Hydrofluoric Acid Market

8.3.4. Spain Hydrofluoric Acid Market

8.3.5. Italy Hydrofluoric Acid Market

8.3.6. Rest of Europe Hydrofluoric Acid Market

8.4. Asia-Pacific Hydrofluoric Acid Market Snapshot

8.4.1. China Hydrofluoric Acid Market

8.4.2. India Hydrofluoric Acid Market

8.4.3. Japan Hydrofluoric Acid Market

8.4.4. Australia Hydrofluoric Acid Market

8.4.5. South Korea Hydrofluoric Acid Market

8.4.6. Rest of Asia Pacific Hydrofluoric Acid Market

8.5. Latin America Hydrofluoric Acid Market Snapshot

8.5.1. Brazil Hydrofluoric Acid Market

8.5.2. Mexico Hydrofluoric Acid Market

8.6. Rest of The World Hydrofluoric Acid Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Daikin

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. Dongyue Group

9.2.3. Sinochem

9.2.4. Yingpeng Chemical

9.2.5. Honeywell International Inc.

9.2.6. Stella Chemifa Corp.

9.2.7. Koura Global

9.2.8. Lanxess

9.2.9. Solvay

9.2.10. Mexichem

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Hydrofluoric Acid Market, report scope

TABLE 2. Global Hydrofluoric Acid Market estimates & forecasts by Region 2018-2028 (USD Million)

TABLE 3. Global Hydrofluoric Acid Market estimates & forecasts by Grade 2018-2028 (USD Million)

TABLE 4. Global Hydrofluoric Acid Market estimates & forecasts by Application 2018-2028 (USD Million)

TABLE 5. Global Hydrofluoric Acid Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 6. Global Hydrofluoric Acid Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 7. Global Hydrofluoric Acid Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Hydrofluoric Acid Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Hydrofluoric Acid Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Hydrofluoric Acid Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Hydrofluoric Acid Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Hydrofluoric Acid Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Hydrofluoric Acid Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. Global Hydrofluoric Acid Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. U.S. Hydrofluoric Acid Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 16. U.S. Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 17. U.S. Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 18. Canada Hydrofluoric Acid Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 19. Canada Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 20. Canada Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 21. UK Hydrofluoric Acid Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 22. UK Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 23. UK Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 24. Germany Hydrofluoric Acid Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 25. Germany Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 26. Germany Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 27. RoE Hydrofluoric Acid Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 28. RoE Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 29. RoE Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 30. China Hydrofluoric Acid Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 31. China Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 32. China Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 33. India Hydrofluoric Acid Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 34. India Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 35. India Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 36. Japan Hydrofluoric Acid Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 37. Japan Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 38. Japan Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 39. RoAPAC Hydrofluoric Acid Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 40. RoAPAC Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 41. RoAPAC Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 42. Brazil Hydrofluoric Acid Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 43. Brazil Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 44. Brazil Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 45. Mexico Hydrofluoric Acid Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 46. Mexico Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 47. Mexico Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 48. RoLA Hydrofluoric Acid Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 49. RoLA Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 50. RoLA Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 51. Row Hydrofluoric Acid Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 52. Row Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 53. Row Hydrofluoric Acid Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 54. List of secondary sources, used in the study of global Hydrofluoric Acid Market

TABLE 55. List of primary sources, used in the study of global Hydrofluoric Acid Market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

 
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