Hydrofluoric acid is a clear, colourless, fuming liquid with a sharp and pungent odour. It is an inorganic acid which is a solution of the hydrogen fluoride in water. It is mainly used in chemical industry to produce various fluorine compounds.
MARKET DYNAMICS
Increase in demand of hydrofluoric acid from the fluorocarbon and fluorinated derivative production, metal picking, oil reefing are driving the hydrofluoric acid market. Also increase in production of fluorides further drive the demand for hydrofluoric acid.
MARKET SCOPE
The "Global Hydrofluoric Acid Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the hydrofluoric acid market with detailed market segmentation by grade and application. The global hydrofluoric acid m market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hydrofluoric acid m market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
Grade
- Anhydrous
- Aqueous
Application
- Fluorochemicals
- Oil Refining
- Glass Etching
- Electronics and Semiconductor
- Others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global hydrofluoric acid market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The hydrofluoric acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the hydrofluoric acid market from both the demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the hydrofluoric acid market in these regions.
MARKET PLAYERS
The report covers vital developments in the hydrofluoric acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market payers from the hydrofluoric acid market are anticipated to lucrative growth opportunities in the future with the rising demand for hydrofluoric acid in the global market. Below mentioned is the list of few companies engaged in the hydrofluoric acid market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hydrofluoric acid market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Honeywell International
- Daikin
- Solvay
- Dongyue Group
- Mexichem
- Sinochem Group
- LANXESS
- Fluoride Chemical
- Yingpeng Group
- Fluorchemie Group
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.