Global Hydrofluoric Acid Market Growth 2025-2031
The global Hydrofluoric Acid market size is predicted to grow from US$ 4203 million in 2025 to US$ 6547 million in 2031; it is expected to grow at a CAGR of 7.7% from 2025 to 2031.
Hydrofluoric Acid is a kind of colorless, smoke and corrosive liquid, which is synthesized from fluorite and concentrated sulfuric, acid for etching glass, semiconductor industry, refinery and containing fluorine organic synthesis.
Global Hydrofluoric Acid key players include Honeywell, Dupont, Solvay, Arkema, Dakin, etc. Global top five players hold a share about 60%. China is the largest market, with a share about 35%, followed by North America and Europe, having a total share about 55 percent. In terms of product, Electronic Hydrofluoric Acid is the largest segment, with a share about 50%. And in terms of application, the largest application is Glass industry, followed by Semiconductor industry, Oil industry, Refrigerant industry, Microelectronic industry.
The upstream of the hydrofluoric acid industry chain mainly includes raw material suppliers, such as the production and supply of key raw materials such as fluorite and sulfuric acid. Fluorite, as an important raw material in the fluorination industry, plays an important role in the preparation of hydrofluoric acid, while sulfuric acid reacts with fluorite to produce anhydrous hydrofluoric acid. The production of hydrofluoric acid is highly dependent on the stable supply of the two main raw materials, fluorite and sulfuric acid. The price changes of these two raw materials are directly related to and affect the production cost of hydrofluoric acid, and have a significant impact on the economic benefits of the industry.
The midstream link involves the production and processing of hydrofluoric acid, including the conversion of raw materials into hydrofluoric acid intermediates, and the formation of products in different forms such as fresh solid dispersions, solutions and viscous liquids through special processes.
The downstream market covers a wide range of applications of hydrofluoric acid, such as new materials, petrochemical industry, pesticides, coatings, synthetic fibers, etc. As an important chemical raw material in these fields, hydrofluoric acid plays an irreplaceable role and promotes the development and progress of related industries.
Development trend
High-end: With the advancement of science and technology and the development of industry, the hydrofluoric acid industry is gradually moving towards high-end. Enterprises have increased their investment in research and development to improve product purity and quality to meet the demand for high-quality hydrofluoric acid in high-end fields such as semiconductors and new energy.
Environmental protection: With the increasingly stringent environmental protection requirements, the hydrofluoric acid industry also needs to continuously improve its environmental protection level and achieve green development. In particular, high-tech products such as electronic-grade hydrofluoric acid have become the new focus and highlight of the industry's development.
Diversification: The application areas of hydrofluoric acid are constantly expanding, and market demand shows a diversified trend. While maintaining its application in traditional metallurgy, petrochemicals and other fields, the demand for hydrofluoric acid in emerging industries such as new energy, new materials and semiconductors is showing a rapid growth trend.
LP Information, Inc. (LPI) ' newest research report, the “Hydrofluoric Acid Industry Forecast” looks at past sales and reviews total world Hydrofluoric Acid sales in 2024, providing a comprehensive analysis by region and market sector of projected Hydrofluoric Acid sales for 2025 through 2031. With Hydrofluoric Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydrofluoric Acid industry.
This Insight Report provides a comprehensive analysis of the global Hydrofluoric Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydrofluoric Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydrofluoric Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydrofluoric Acid and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydrofluoric Acid.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydrofluoric Acid market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Electronic Hydrofluoric Acid
Industrial Hydrofluoric Acid
Segmentation by Application:
Semiconductor industry
Oil industry
Glass industry
Refrigerant industry
Microelectronic industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Honeywell
Dupont
Solvay
Arkema
Dakin
Shandong Dongyue
Juhua
Yingpeng
Zhejiang Sanmei
Fujian Yongfei
Stella Chemifa
Morita Kagaku
Sunlit Chemical
Zhejiang Kaiheng Electronic Materials
Do-Fluoride Chemicals
Suzhou Crystal Clear Chemical
Sinochem Lantian
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydrofluoric Acid market?
What factors are driving Hydrofluoric Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydrofluoric Acid market opportunities vary by end market size?
How does Hydrofluoric Acid break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.