Hydrofluoric Acid Industry Regional Demand and Manufacturers


Posted March 12, 2022 by navya1

Stratistics MRCs Global Hydrofluoric Acid Market Key players analysis - Daikin Industries Ltd., Merck KGaA, Solvay SA, Honeywell International, and SRF Limited.
 
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.

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Issued By Madhav Ram
Country India
Categories Industry , Reports , Research
Last Updated March 12, 2022