Middle East & Africa Hydrofluoric Acid Market Size & Outlook
Middle East & Africa hydrofluoric acid market, 2018-2030 (US$M)
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MEA hydrofluoric acid market highlights
- The MEA hydrofluoric acid market generated a revenue of USD 89.0 million in 2021.
- The market is expected to grow at a CAGR of 4.8% from 2022 to 2030.
- In terms of segment, anhydrous was the largest revenue generating grade in 2021.
- Anhydrous is the most lucrative grade segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2030.
MEA data book summary
| Market revenue in 2021 | USD 89.0 million |
| Market revenue in 2030 | USD 135.4 million |
| Growth rate | 4.8% (CAGR from 2021 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 |
| Key market players worldwide | Daikin 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, MEA region accounted for 8.6% of the global hydrofluoric acid market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 713.5 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Hydrofluoric Acid Market Scope
Hydrofluoric Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 53.93% in 2021. Horizon Databook has segmented the Middle East & Africa 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 continent-level data and insights on the Middle East & Africa hydrofluoric acid market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa hydrofluoric acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA hydrofluoric acid market size, by country, 2018-2030 (US$M)
Middle East & Africa Hydrofluoric Acid Market Outlook Share, 2021 & 2030 (US$M)
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