"Innovative Market Solutions to Help Businesses Make Informed Decisions"
Industrial hydrofluoric acid is a colorless inorganic acid, with a sharp pungent odor. It is produced from the reaction of hydrogen fluoride with water. The hydrofluoric acid is widely used for the production of fluorine compounds which includes fluorocarbons, fluorides, and fluoropolymers. Furthermore, in laboratories and industries, hydrofluoric acid is utilized in the etching glass, enamel, removing rust & stains, and cleaning brass & crystal. The industrial hydrofluoric acid finds its application in the fluorocarbon production, metal pickling, uranium fuel production, fluorinated derivative production, and oil refining.
The industrial hydrofluoric acid is utilized as a base material or intermediate to form the number of fluorochemicals. As a raw material, it is utilized as a fluorine source for the manufacturing of fluorocarbons, which includes hydro fluoro olefins, hydro fluorocarbons, and hydro chlorofluorocarbons. These fluorocarbons are widely used in the air conditioning and refrigeration equipment. Additionally, owing to the strong corrosive qualities of hydrofluoric acid, it is also utilized in the commercial automotive cleaners, to remove rust, stain, and water-spot. Hence, these positive factors will fuel the market growth of industrial hydrofluoric acid during the forecast timeline.
However, hydrofluoric acid is a highly toxic and corrosive substance. The direct contact or inhalation of hydrofluoric acid can cause severe health impact. This further reduces the adoption of industrial hydrofluoric acid and anticipated to restrict market growth.
Key Market Driver -
The rising demand for industrial hydrofluoric acid in the fluorochemicals production to drive the market growth
Key Market Restraint -
Severe Health impact of hydrofluoric acid to restrict the market growth
Based on type, the industrial hydrofluoric acid market is segmented into anhydrous hydrofluoric acid, diluted hydrofluoric acid (above 50% concentration), and diluted hydrofluoric acid (below 50% concentration). Based on application, the market is segmented into fluorocarbon production, fluorinated derivative production, metal pickling, glass etching and cleaning, oil refining, uranium fuel production, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The key players in the Industrial Hydrofluoric Acid market includes Guichon Valves, Solvay, asecos GmbH, Zhejiang Kaisn Fluorochemical Co., Ltd., Verder Liquids BV, American Chemistry Council Inc., Columbus Chemicals, Grainger, Inc., Honeywell International Inc., and LANXESS.
Asia Pacific is anticipated to witness sustainable growth in the industrial hydrofluoric acid market during the forecast timeline. The growth is attributed to the rising demand for hydrofluoric acid for the production of fluorocarbons and fluorides. The rising demand for anhydrous hydrofluoric in the glass etching and cleaning will surge the market growth. The rising product demand in the oil refining and metal pickling will fuel the market growth in Europe. The growth in North America is attributed to the adoption of hydrofluoric acid in fluorinated derivative production. The Middle East & Africa is anticipated to witness signification growth, owing to the increasing product demand in uranium fuel production.
To gain extensive insights into the market, Request for Customization
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry