Anhydrous Hydrofluoric Acid Market Size, Share Global Analysis Report, 2019–2026

Industry Insights

[190 Pages Report] According to the report published by Facts Factors, the global Anhydrous Hydrofluoric Acid Market size was worth around USD 4.2 billion in 2019 and is predicted to grow to around USD 5.8 Billion by 2026 with a compound annual growth rate (CAGR) of roughly 5.1% between 2020 and 2026. The report analyzes the global anhydrous hydrofluoric acid market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the anhydrous hydrofluoric acid market.

This professional and specialized report study examines the technical and business perspective of the anhydrous hydrofluoric acid market. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the Anhydrous Hydrofluoric Acid market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall Anhydrous Hydrofluoric Acid market.

Key Insights from Primary Research

• As per our primary respondents, the Anhydrous Hydrofluoric Acid market is set to grow annually at a rate of around 5.1%
• It was established through primary research that the Anhydrous Hydrofluoric Acid market was valued at around USD 4 billion in 2018
• China held the largest market share of the Anhydrous Hydrofluoric Acid market
• The “>99.90% Anhydrous Hydrofluoric Acid” category, on the basis of type segmentation, was the leading revenue-generating category in 2018 with a market share of %
• The “Industrial Chemistry” category, on the basis of application segmentation, was the leading revenue-generating with 63% market share in terms of revenue, in 2018

Key Recommendations from Analysts

• As per our analysts, the major end-user of Anhydrous Hydrofluoric Acid is anticipated to be Industrial Chemistry
• In the Anhydrous Hydrofluoric Acid market, China is anticipated to have a leading market share followed by North America
• Rising demand for hydrofluoric acid from fluorocarbon and fluorinated derivative production is one of the driving factors for the global anhydrous hydrofluoric acid market
• There are various future opportunities for global anhydrous hydrofluoric acid such as the production of uranium compounds using anhydrous hydrofluoric acid
• South America is anticipated to have the lowest market share in the global anhydrous hydrofluoric acid market

Market Concentration Ratio and Market Maturity Analysis

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the Anhydrous Hydrofluoric Acid market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the Anhydrous Hydrofluoric Acid market. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the Anhydrous Hydrofluoric Acid market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the Anhydrous Hydrofluoric Acid market.

The research study provides a critical assessment of the Anhydrous Hydrofluoric Acid industry by logically segmenting the market on the basis of Type, Application, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026.

Report Scope

The regional segmentation of the Anhydrous Hydrofluoric Acid industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Rising demand for hydrofluoric acid from fluorocarbon and fluorinated derivative production is one of the driving factors for the anhydrous hydrofluoric acid market. There is a rising demand from various end-user industries for anhydrous hydrofluoric acid and it is anticipated to boost the global anhydrous hydrofluoric acid market. But, government bodies have implemented stringent regulations due to the harmful effect on humans by coming in contact with anhydrous hydrofluoric acid. The United States Environmental protection Agency regulates anhydrous hydrofluoric acid. Similarly, European Chemical Agency imposes regulation on anhydrous hydrofluoric acid. There are various future opportunities for global anhydrous hydrofluoric acid such as the production of uranium compounds using anhydrous hydrofluoric acid.

The Anhydrous Hydrofluoric Acid market is segmented based on Type and Application.  On the basis of type segmentation, the market is classified into (>99.90% Anhydrous Hydrofluoric Acid, <99.90% Anhydrous Hydrofluoric Acid. In terms of Application segmentation, the market is bifurcated into Industrial Chemistry, Silicon Chip Manufacturing, Oil Refining, Others.

Some of the essential players operating in the Anhydrous Hydrofluoric Acid market, but not restricted to include

• Honeywell
• Fujian Longfu Chemical Co. Ltd
• Solvay
• Fujian Shaowu Yongfei Chemical Co. Ltd.
• Yingpeng Chemical
• Gulf Fluor
• Sinochem Corporation
• Zhejiang Fluorescence Chemical Co. Ltd.
• Jiangxi Chinafluorine Chemical Co. Ltd.
• Fubao Group
• Air Liquide
• Fluorchemie Group
• Derivados del Fluor

This report segments the Anhydrous Hydrofluoric Acid market as follows:

By Type Segment Analysis

• >99.90% Anhydrous Hydrofluoric Acid
• <99.90% Anhydrous Hydrofluoric Acid

By Application Segment Analysis

• Industrial Chemistry
• Silicon Chip Manufacturing
• Oil Refining
• Others

Regional Segment Analysis

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-East Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• The Middle-East and Africa
  • GCC Countries
  • South Africa
  • Rest of Middle-East Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

• Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
• Direct and Indirect Rationales Impacting the Industry
• In-depth and Micro Analysis of Viable Segments and Sub-segments
• Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
• Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
• Key Buyers and End-Users Analysis
• Value Chain and Manufacturing Cost Structure Analysis wherever relevant
• Key Marketing Strategies as well as Key Sales Channels adopted in the market
• Investment Opportunity Analysis & Patents Analysis wherever feasible
• Technological Road Map & Technical Analysis
• Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)