Global Hydrogen Fluoride Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Hydrogen Fluoride Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Hydrogen fluoride is an inorganic compound with the chemical formula HF. Under normal conditions, it is a colorless, pungent and toxic gas with strong hygroscopicity. When it comes into contact with air, it produces white smoke, is easily soluble in water, and can be infinitely miscible with water to form hydrofluoric acid.

Market Overview:

The latest research study on the global Hydrogen Fluoride market finds that the global Hydrogen Fluoride market reached a value of USD 3160.76 million in 2022. It’s expected that the market will achieve USD 4094.53 million by 2028, exhibiting a CAGR of 4.41% during the forecast period.

Downstream industry development drives the growth of hydrogen fluoride market.

With the development of economy and the rapid growth of chemical and metal industries, hydrogen fluoride is a key raw material used in many stages of aluminum metal processing and production. Aluminum is widely used in automobile manufacturing, and its usage is expected to continue to increase due to its increasing application in electric vehicle industry. The growth of electronic components, fluorescent bulbs, high octane gasoline, plastic products, refrigerants, drugs and herbicides is also driving the growth of anhydrous hydrogen fluoride market. In addition, the existence of developed pharmaceutical industry is also increasing the adoption rate of anhydrous hydrogen fluoride. The strong demand for chemicals in metal extraction and metallurgical operations may drive the progress of this industry.

Region Overview:

From 2022-2027, Asia Pacific is estimated to witness robust growth prospects

Company Overview:

DFD provides high-performance inorganic fluorides, electronic chemicals, lithium-ion batteries and related materials production and research and development.

Segmentation Overview:

Among different product types, Anhydrous Hydrogen Fluoride (AHF) segment is anticipated to contribute the largest market share in 2027.

Application Overview:

The market's largest segment by application is the segment Fluorocarbons, with a market share of 46.94% in 2021.

Key Companies in the global Hydrogen Fluoride market covered in Chapter 3:

Juhua Group
Solvay
STELLA
Shaowu Huaxin Chemical
Sanmei Chemical
Orbia
Zhejiang Yonghe Refrigerant
Morita
Fujian Shaowu Yongfei Chemical
Yingpeng Chemical
3F
Dongyue Group
DAIKIN
DFD
Honeywell
Derivados del Flúor

In Chapter 4 and Chapter 14.2, on the basis of types, the Hydrogen Fluoride market from 2018 to 2029 is primarily split into:

Electronic Grade
Anhydrous Hydrogen Fluoride (AHF)
Aqueous Hydrogen Fluoride

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Hydrogen Fluoride market from 2018 to 2029 covers:

Fluorocarbons
Fluoropolymers
Electronics
Metallurgical Industry
Petroleum Production
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)