Canada Hydrofluoric Acid Market Size & Outlook, 2021-2030

The hydrofluoric acid market in Canada is expected to reach a projected revenue of US$ 47.3 million by 2030. A compound annual growth rate of 5.6% is expected of Canada hydrofluoric acid market from 2022 to 2030.
Revenue, 2021 (US$M)
$28.9
Forecast, 2030 (US$M)
$47.3
CAGR, 2022 - 2030
5.6%
Report Coverage
Canada

Canada hydrofluoric acid market highlights

  • The Canada hydrofluoric acid market generated a revenue of USD 28.9 million in 2021 and is expected to reach USD 47.3 million by 2030.
  • The Canada market is expected to grow at a CAGR of 5.6% from 2022 to 2030.
  • In terms of segment, diluted was the largest revenue generating grade in 2021.
  • Anhydrous is the most lucrative grade segment registering the fastest growth during the forecast period.


Hydrofluoric acid market data book summary

Market revenue in 2021USD 28.9 million
Market revenue in 2030USD 47.3 million
Growth rate5.6% (CAGR from 2021 to 2030)
Largest segmentDiluted
Fastest growing segmentAnhydrous
Historical data2018 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAnhydrous, Diluted
Key market players worldwideDaikin Industries Ltd, Dongyue Group Ltd, Honeywell International Inc, Stella Chemifa Corp, Orbia Advance Corp SAB de CV, Lanxess AG, Solvay SA, Sinochem Energy, Yingpeng Chemical Co., SINOCHEM GROUP


Other key industry trends

  • In terms of revenue, Canada accounted for 2.8% of the global hydrofluoric acid market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. hydrofluoric acid market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 308.7 million by 2030.

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Hydrofluoric Acid Market Companies

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Canada 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.


Diluted was the largest segment with a revenue share of 53.63% in 2021. Horizon Databook has segmented the Canada hydrofluoric acid market based on anhydrous, diluted covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Canada hydrofluoric acid market , including forecasts for subscribers. This country databook contains high-level insights into Canada hydrofluoric acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada hydrofluoric acid market size, by grade, 2018-2030 (US$M)

Canada Hydrofluoric Acid Market Outlook Share, 2021 & 2030 (US$M)

Canada hydrofluoric acid market size, by grade, 2018-2030 (US$M)

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