Global Hydrofluoric Acid Market Size & Outlook, 2022-2030
Global hydrofluoric acid market, 2018-2030 (US$M)
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Global hydrofluoric acid market highlights
- The global hydrofluoric acid market generated a revenue of USD 1,039.1 million in 2021 and is expected to reach USD 1,709.7 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 5.9% by 2030.
- In terms of segment, anhydrous accounted for a revenue of USD 622.1 million in 2021.
- Anhydrous is the most lucrative grade segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2021.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 1,039.1 million |
| Market revenue in 2030 | USD 1,709.7 million |
| Growth rate | 5.9% (CAGR from 2022 to 2030) |
| Largest segment | Anhydrous |
| Fastest growing segment | Anhydrous |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anhydrous, Diluted |
Other key industry trends
- In terms of revenue, the North America accounted for 26.8% of the global hydrofluoric acid market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 174.2 million by 2030.
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Hydrofluoric Acid Market Scope
Hydrofluoric Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SINOCHEM GROUP | View profile | 10001+ | Beijing, Beijing, China, Asia | http://english.sinochem.com |
| Yingpeng Chemical Co. | View profile | 1001-5000 | Yongkang, Zhejiang, China, Asia | http://www.yingpengchemical.com |
| Sinochem Energy | View profile | 10001+ | Beijing, Beijing, China, Asia | http://www.sinochemenergy.com/en/11415.html |
| Orbia Advance Corp SAB de CV | View profile | 24327 | Avenida Paseo de la Reforma 483, Piso 47, Colonia Cuauhtemoc, Alcaldía Cuauhtemoc, Ciudad de México, MEX, Mexico, 06500 | https://www.mexichem.com |
| Stella Chemifa Corp | View profile | 762 | NM Plaza Midosuji 3F, 3-6-3 Awaji–machi, Chuo-ku, Osaka, Japan, 541-0047 | http://www.stella-chemifa.co.jp |
| Dongyue Group Ltd | View profile | 6977 | Dongyue International Fluoro, Silicone Material Industry Park, Shandong Province, Zibo City, China, People's Republic of, 256401 | https://www.dongyuechem.com |
| Daikin Industries Ltd | View profile | 107127 | Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, Japan, 530-8323 | http://www.daikin.com |
| Lanxess AG | View profile | 12621 | Kennedyplatz 1, Cologne, Germany, 50569 | https://www.lanxess.com |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
Global hydrofluoric acid market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hydrofluoric acid market will help companies and investors design strategic landscapes.
Anhydrous was the largest segment with a revenue share of 59.87% in 2021. Horizon Databook has segmented the Global hydrofluoric acid market based on anhydrous, diluted covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Hydrofluoric Acid Grade Outlook (Revenue, USD Million, 2018-2030)
- Anhydrous
- Diluted
- Global Hydrofluoric Acid Application Outlook (Revenue, USD Million, 2018-2030)
- Oil Refining
- Others
- Fluorocarbon
- Fluorinated Derivatives
- Metal Pickling
- Glass Etching
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Our clientele includes a mix of hydrofluoric acid market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global hydrofluoric acid market , including forecasts for subscribers. This global databook contains high-level insights into Global hydrofluoric acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global hydrofluoric acid market size, by regions, 2018-2030 (US$M)
Top 10 countries: Hydrofluoric acid market size, 2021 (US$M)
Global hydrofluoric acid market share, by application, 2021 & 2030 (%, US$M)
Hydrofluoric acid market: Opportunity assessment by country
Global hydrofluoric acid market, by region, 2021 (US$M)
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