Hydrogen Fluoride Market By Type (Gas Hydrogen Fluoride, and Liquid Hydrogen Fluoride) By Applications (Chemical Industry, Mining and Metallurgical, Pharmaceuticals, Refrigerants, Oil refinery, Aluminum, Semiconductor, and Others) and Geography

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Hydrogen Fluoride Market size was valued at USD 3.0 billion in 2022 and is poised to grow at a significant CAGR of 5.1% over 2023-2029. The production of polyurethane and polystyrene uses fluorocarbons like hydrofluorocarbons (HFCs) and hydrofluorolefins (HFOs) as foam-blowing agents. Foam-blowing agents are frequently used in home walls and cold storage for insulation because they reduce heat transmission between surfaces. Thus, the expansion of the hydrogen fluoride market will be aided by the increase in the number of applications for insulation foam in the automotive, construction, and consumer goods industries. Due to the many usages of aluminum in cars, the rise of the automotive industry will also increase the need for hydrogen fluoride.

The chemical industry's high demand, novel hydrogen fluoride product variations, increased demand for HFC and HFO, and the expanding demand for fluorine compounds in numerous sectors will drive market expansion. Furthermore, several business expansion strategies have been employed by key companies, including contracts, acquisitions, collaborations, expansions, and product launches. Key players have primarily relied on agreements to increase their consumer base. For instance, in September 2021, MSA Safety Incorporated opened a new 20,000-square-foot production facility in Cranberry Township, New Jersey, to create a global center of excellence for exploration technology. Moreover, fluoride hydrogen can exist as a fuming liquid or colorless gas and dissolve in water. Most fluorocarbons, including HFCs, hydrochlorofluorocarbons (HCFCs), and fluoropolymers, are produced using hydrogen fluoride.

Fluorocarbons are primarily utilized as refrigerants for air conditioning in residential, commercial, and industrial buildings. They are also used to clean semiconductors and other precision parts. Fluorocarbons have been in high demand from various end-use industries, including semiconductors, consumer electronics, and automotive. Since they have little potential to deplete the ozone layer, hydrofluorocarbons and HFO has come under more attention. In residential and automotive air conditioning (AC) systems, HFOs are employed as refrigerants and used as blowing agents in manufacturing polyurethane foams in the automotive and construction industries. Thus, the demand for hydrogen fluoride and hydrofluoric acid is driven by a steadily increasing requirement for fluorocarbons.

Hydrogen Fluoride Market Key Developments:
  • In July 2021, Bacharach, Inc. was acquired by MSA Safety Corporation. MSA's access to its markets around the globe was speed-up the acquisition process.
  • In May 2021, Drägerwerk AG & Co. KGaA introduced the new Polytron 6100 EC WL, a Bluetooth gas discovery solution for adaptable and cost-effective industrial plant monitoring.

Hydrogen Fluoride Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.1%

Largest Market

Asia Pacific

Fastest Growing Market

Asia Pacific
Hydrogen Fluoride Market Dynamics

A chemical compound known as hydrogen fluoride has numerous applications, particularly in the petrochemical industry. In this industry, the chemical is only used as a super-acid component. However, the characteristics of hydrogen fluoride, such as its low boiling point, allow it to be used in a wide range of diverse industries. These elements will probably fuel the growth of the global market for hydrogen fluoride. The broadening scope of insulating foam applications in different sectors, including consumer durables, automotive, and construction, is another factor propelling the worldwide hydrogen fluoride market. The market for hydrogen fluoride is also growing due to the increased use of aluminum in the automobile industry. However, hydrogen fluoride is very toxic, and quick contact causes painful burns, restricting the market growth.

Key Features of the Reports

  • The hydrogen fluoride market report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Hydrogen Fluoride Market Segmentation

By Type
  • Gas Hydrogen Fluoride
  • Liquid Hydrogen Fluoride
By Application
  • Chemical Industry
  • Mining and Metallurgical
  • Pharmaceuticals
  • Refrigerants
  • Oil refinery
  • Aluminum
  • Semiconductor
  • Others
By Geography
  • North America,
  • Europe,
  • Asia Pacific,
  • Latin America, and
  • Middle East and Africa

Frequently Asked Questions

The hydrogen fluoride market is projected to expand at a CAGR of 5.1% during the forecast period.

Arkema, Mexichem, Dongyue Group, Mexichem, Solvay

Asia Pacific is the fastest-growing region for hydrogen fluoride market

1.Executive Summary
2.Global Hydrogen Fluoride Market Introduction 
2.1.Global Hydrogen Fluoride Market  - Taxonomy
2.2.Global Hydrogen Fluoride Market  - Definitions
2.2.1. By Type 
2.2.2. By Application
2.2.3. By Region
3.Global Hydrogen Fluoride Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Hydrogen Fluoride Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Hydrogen Fluoride Market  By Type , 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Gas Hydrogen Fluoride
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Liquid Hydrogen Fluoride
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Hydrogen Fluoride Market  By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Chemical Industry
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Mining and Metallurgical
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Pharmaceuticals
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Refrigerants
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Oil refinery
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Aluminum
6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
6.7. Semiconductor
6.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.7.3. Market Opportunity Analysis 
6.8. Others
6.8.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.8.3. Market Opportunity Analysis 
7.Global Hydrogen Fluoride Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Hydrogen Fluoride Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. Type  Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Gas Hydrogen Fluoride
8.1.2.Liquid Hydrogen Fluoride
8.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Chemical Industry
8.2.2.Mining and Metallurgical
8.2.3.Pharmaceuticals
8.2.4.Refrigerants
8.2.5.Oil refinery
8.2.6.Aluminum
8.2.7.Semiconductor
8.2.8.Others
8.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Hydrogen Fluoride Market 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Gas Hydrogen Fluoride
9.1.2.Liquid Hydrogen Fluoride
9.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Chemical Industry
9.2.2.Mining and Metallurgical
9.2.3.Pharmaceuticals
9.2.4.Refrigerants
9.2.5.Oil refinery
9.2.6.Aluminum
9.2.7.Semiconductor
9.2.8.Others
9.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
10.Asia Pacific (APAC) Hydrogen Fluoride Market 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Gas Hydrogen Fluoride
10.1.2.Liquid Hydrogen Fluoride
10.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Chemical Industry
10.2.2.Mining and Metallurgical
10.2.3.Pharmaceuticals
10.2.4.Refrigerants
10.2.5.Oil refinery
10.2.6.Aluminum
10.2.7.Semiconductor
10.2.8.Others
10.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Hydrogen Fluoride Market 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Gas Hydrogen Fluoride
11.1.2.Liquid Hydrogen Fluoride
11.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Chemical Industry
11.2.2.Mining and Metallurgical
11.2.3.Pharmaceuticals
11.2.4.Refrigerants
11.2.5.Oil refinery
11.2.6.Aluminum
11.2.7.Semiconductor
11.2.8.Others
11.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Hydrogen Fluoride Market 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Gas Hydrogen Fluoride
12.1.2.Liquid Hydrogen Fluoride
12.2.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Chemical Industry
12.2.2.Mining and Metallurgical
12.2.3.Pharmaceuticals
12.2.4.Refrigerants
12.2.5.Oil refinery
12.2.6.Aluminum
12.2.7.Semiconductor
12.2.8.Others
12.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Solvay
13.2.2.Honeywell
13.2.3.Mexichem
13.2.4.YingPeng Chemicals
13.2.5.Dongyue Group
13.2.6.Do-Fluoride Chemicals
13.2.7.Arkema
13.2.8.LANXESS
13.2.9.Sinochem Lantian
14. Research Methodology 
15. Appendix and Abbreviations 
  • Solvay
  • Honeywell
  • Mexichem
  • YingPeng Chemicals
  • Dongyue Group
  • Do-Fluoride Chemicals
  • DUPONT
  • Arkema
  • LANXESS
  • Sinochem Lantian

Adjacent Markets