Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Hydrofluoric Acid Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Hydrofluoric Acid Industry in 2024 and 2025?
The hydrofluoric acid market has experienced a steady increase in size in the past few years. The market was valued at $1.49 billion in 2024 and is projected to reach $1.55 billion in 2025, growing at a compound annual growth rate (CAGR) of 4.5%.
What Is the Projected Market Size of the Hydrofluoric Acid Market in 2029?
The Hydrofluoric Acid market is predicted to increase to $1.94 billion by the year 2029, with an estimated compound annual growth rate (CAGR) of 5.7%.
Download the Free Sample Now:
What Are the Key Drivers of Hydrofluoric Acid Market Growth?
The key Drivers in the hydrofluoric acid market are:
• Rising demand for hydrofluoric acid from chemical industries
• Utilization of hydrofluoric acid in the production of fluorine-containing polymers
• Application of hydrofluoric acid in the manufacture of organ fluorine compounds like Teflon and freon
• Widespread use of hydrofluoric acid to create high-volume inorganic fluoride compounds
What Are the Primary Segmentation Categories in the Hydrofluoric Acid Market?
The hydrofluoric acidmarket covered in this report is segmented –
1) By Product Type: Electronic Hydrofluoric Acid, Industrial Hydrofluoric Acid
2) By Grade: Anhydrous, Diluted
3) By Application: Fluorocarbon, Fluorinated Derivatives, Metal Pickling, Glass Etching, Oil Refining, Other Applications
Explore the Complete Market Report:
What Are the Major Trends Shaping the Hydrofluoric Acid Market in 2025 and Beyond?
The key trends in the hydrofluoric acid market are:
• Strategic partnerships are becoming a critical trend in the hydrofluoric acid market to boost innovation and growth.
• There's an emerging trend of utilizing waste materials in hydrofluoric acid production to ensure sustainability.
• A significant trend shaping the market is the focus on reducing carbon emissions during acid production.
• Commitment towards green innovation in the industry is a substantial trend.
Who Are the Emerging Players in the Hydrofluoric Acid Market?
The key players in the hydrofluoric acid market are:
• Stella Chemifa Corp
• Solvay SA
• Honeywell International Inc
• Zhejiang Sanmei Chemical Ind.Co. Ltd.
• Do-Fluoride New Materials Co. Ltd.
• Lanxess AG
• Daikin Industries Ltd.
• Koura Global
• Dongyue Group Co. Limited.
• Fluorsid Group Srl
• A. B. Enterprises
• Triveni Interchem Pvt. Ltd
• Choice Organochem Llp.
• Siddhi Vinayak Industries
• Wuhan Wanbangde Industrial & Trade Co Ltd
• Xinyi Chemicals Industry Company LTD
• Shanshui Chemicals Industrial Co. Ltd
• Sinchem Industry Co. Ltd.
• Zhejiang Kaisn Flourochemical Co. Ltd
• Coogee
• Brenntag SE
• CSC Jäklechemie GmbH & Co. KG.
• Rexchem UK Limited
• Penta chemicals
• Sigma-Aldrich
• SolvChem
• RICCA Chemical
• The Chemours Company
• Fisher Scientific
• Merck Millipore
• Alphachem Limited
• Correias Mercúrio
• Pall Corporation
• Mexichem Brasil
• Gulf Fluor LLC
• ICL Group Ltd
• Kemcore
• Desmet Ballestra
• Orbia
• Chemifa Corp
Which Regions Are Leading the Growth in the Global Hydrofluoric Acid Market?
Asia-Pacific was the largest region in the hydrofluoric acid market in 2024
