India Hydrofluoric Acid Market Size & Outlook, 2021-2030

The hydrofluoric acid market in India is expected to reach a projected revenue of US$ 174.2 million by 2030. A compound annual growth rate of 6.1% is expected of India hydrofluoric acid market from 2022 to 2030.
Revenue, 2021 (US$M)
$101.8
Forecast, 2030 (US$M)
$174.2
CAGR, 2022 - 2030
6.2%
Report Coverage
India

India hydrofluoric acid market highlights

  • The India hydrofluoric acid market generated a revenue of USD 101.8 million in 2021 and is expected to reach USD 174.2 million by 2030.
  • The India market is expected to grow at a CAGR of 6.1% from 2022 to 2030.
  • In terms of segment, anhydrous was the largest revenue generating grade in 2021.
  • Diluted is the most lucrative grade segment registering the fastest growth during the forecast period.


Hydrofluoric acid market data book summary

Market revenue in 2021USD 101.8 million
Market revenue in 2030USD 174.2 million
Growth rate6.1% (CAGR from 2021 to 2030)
Largest segmentAnhydrous
Fastest growing segmentDiluted
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, India accounted for 9.8% 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 Asia Pacific, China hydrofluoric acid market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 174.2 million by 2030.

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Hydrofluoric Acid Market Companies

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India 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 54.72% in 2021. Horizon Databook has segmented the India 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 India hydrofluoric acid market , including forecasts for subscribers. This country databook contains high-level insights into India hydrofluoric acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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