Hydrofluoric acid (HF), also known as fluorhydric acid and hydronium fluoride, is a solution of hydrogen fluoride with colorless appearance. It is a weak acid, and is highly corrosive and toxic for individuals, as it can damage lungs and cornea of eyes permanently. It is produced by treatment of fluorite with concentrated sulfuric acid. It is used in various industries such as mining, chemicals, refining, silicon chip fabrication, and for other research purposes. Hydrofluoric acid is also used in the production of aluminum fluoride, which is key to the manufacture of aluminum products.

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On the basis of geography, Asia Pacific region is expected to fastest-growing market during the forecast period, owing to the presence of numerous fluorocarbon manufacturers in the region, massive demand from chemical and metallurgical industries, and actively growing manufacturing base in APAC. China is projected to be the fastest-growing market for hydrofluoric acid in Asia Pacific, followed by India and Japan due to numerous number of manufacturers. Moreover, the increasing demand for hydrofluoric acid from applications such as fluorocarbon production, fluorinated derivative production, metal pickling, and glass etching and cleaning is expected to drive the hydrofluoric acid market in these countries. In addition, Chinese players have been at an added advantage by government restrictions on the exports of fluorspar thereby putting pressure on the other regional and global suppliers.

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Some of the key players in Hydrofluoric Acid Market include Daikin Industries Ltd., Buss ChemTech AG, Merck KGaA, Stella Chemifa Corporation, Laxness AG, Solvay SA, Fubao Group, Sinochem International Corp., Tanfac Industries ltd., Honeywell International, Gujarat Fluorochemicals Ltd., Morita Chemical Industries Co. Ltd., Navin Fluorine International Limited, SRF Limited, Gulf Fluor, and Soulbrain Co., ltd.

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