Anhydrous hydrogen fluoride is the building-block material for the manufacture of fluorine and fluorine containing compounds such as flupropolymers, fluorochemicals and surfactants. The main use for anhydrous hydrogen fluoride is in the preparation of other inorganic fluorides compounds for fluoridation of water, used as fluxes and catalysts, and manufactured ceramics and glass. The anhydrous hydrofluoric acid is used as an intermediate for manufacturing fluorochemicals. Other applications such as steel pickling, metal processing, and metal surface treatment amongst others are expected to increase significantly over the forecast period.
Data Bridge Market Research analyses that the anhydrous hydrofluoric acid market was valued at USD 1700.00 million in 2021 and is expected to reach USD 2526.36 million by 2029, registering a CAGR of 4.50 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Market Definition
Anhydrous hydrogen fluoride is a colourless toxic gas with a sharp odour at room temperature and exists mainly in the form of H2F2 dimer below temperature of 19.9 ° C. It is a colourless mobile volatile liquid. It is miscible with water in any ratio with the formation of hydrofluoric acid. It forms an azeotropic mixture with water at 35.4% concentration of HF. Anhydrous hydrogen fluoride is formed from natural raw materials such as fluorspar.
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Competitive Landscape and Anhydrous Hydrofluoric Acid Market Share Analysis
The anhydrous hydrofluoric acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to anhydrous hydrofluoric acid market.
Some of the major players operating in the anhydrous hydrofluoric acid market are:
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Honeywell International Inc. (U.S.)
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Solvay (Belgium)
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INEOS (U.K.)
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DERIVADOS DEL FLUOR (DDF) (Spain)
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Air Products Inc. (U.S.)
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Morita chemical industries co. ltd (Japan)
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Sinochem Lantian Co., Ltd. (China)
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Zhejiang Sanmei Chemical Ind. Co. Ltd. (China)
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Yingpeng Chemical Co. Ltd. (China)
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Do-Fluoride New Materials Co., Ltd. (China)
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dongyue Group Co, Ltd (China)
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Fujian Shaowu Yongfei Chemical
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Fujian Shaowu Yongfei Chemical Co., Ltd. (China)
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,Shaowu Huaxin Chemical CO.,LTD. (China)
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Juhua Group Corporation (China)
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3F Industries Limited (India)
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Fubao Group (China)
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Anhydrous Hydrofluoric Acid Market Regional Analysis/Insights
The anhydrous hydrofluoric acid market is analysed and market size insights and trends are provided by country, type and application as referenced above.
The countries covered in the anhydrous hydrofluoric acid market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Asia-Pacific dominates the anhydrous hydrofluoric acid market in terms of market share during the forecast period. This is due to the growing demand for anhydrous hydrofluoric acid in this region. The Asia-Pacific region leads the anhydrous hydrofluoric acid market due to the rapid growth of semiconductor devices industries, technological advancements, and industrialisation in this region.
During the estimated period, Europe is projected to be the fastest developing region due to the increase in the fluorochemical production and the presence of major key players in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Global Anhydrous Hydrofluoric Acid Market Scope
The anhydrous hydrofluoric acid market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
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Global Home Beer Brewing Machine Market Report Answers the Following Questions:
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What are the current market trends in the Global Anhydrous Hydrofluoric Acid Market?
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