A11773 | Pages: NA | Sep 2022 | 1064 Views | ||
Author(s) : Eswara Prasad | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
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Hydrofluoric acid is used in chemical industry for the production of fluorine compounds like fluorides, fluorocarbons and fluoropolymers. Hydrofluoric acid is a colorless and clear liquid with a sharp odor. There are two main types of fluorocarbons mainly hydrofluorocarbons and hydrofluoroolefins. These are used as refrigerants. The demand for refrigerants is increasing hence this can increase the growth of hydrofluoric acid market. Hydrofluoric acid is mainly the solution of hydrogen fluoride. Hydrofluoric acid has various applications in many industries such as semiconductors, glass, oil, microelectronic and refrigerant industries.
Market Scope and Structure Analysis
Report Metric | Details |
 Market Size Available for Years | 2020-2030 |
 Base Year Considered | 2020 |
 Forecast Period | 2021-2030 |
 Forecast Unit | Value (USD) |
 Segments Covered | Product Type, Application and Region |
 Regions Covered | Europe, North America, Asia-Pacific, LAMEA. |
 Companies covered | Daikin Industries, Ltd., Do-Fluoride Chemicals Co., Ltd. Fluorchemie Gruppe, Honeywell International Inc., Lanxess Aktiengesellschaft, Mexichem S.A.B. de C.V., Sigma-Aldrich Corporation, Sinochem Group, Solvay S.A., Zhejiang Yipeng Chemical Co., Ltd. |
COVID-19 Impact analysis
Top Impacting Factors
The demand for fluorocarbon is increasing in the production of glass printing, glass cleaning, oil refining and others. This is driving the growth of the hydrofluoric acid market. In addition, fluorocarbons are also used as refrigerants and the demand for refrigerant is increasing; this will drive the hydrofluoric acid market. In addition, hydrofluoric acid is also used in cookware and cable wires. In cookware, it gives a matte finish with good enamel-resin retention and in cable wires it reduces equipment damage and smoke toxicity. The increasing sale of cookware and cable wire is driving the growth of the hydrofluoric acid market. Hydrofluoric acid is used as a raw material in the aluminum fluoride manufacturing and is also used in the manufacturing of aluminum. The application of aluminum in many industries such as industries and automotive is increasing, which will boost the demand for hydrofluoric acid market. However, the use of fluorocarbons refrigerants is restricted by some of countries, which restrains the growth of hydrofluoric acid market.
Market Trends
Key Segments Covered
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Key Benefits of the Report
Questions answered in the hydrofluoric acid market Report
Key Market Segments
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Key Market Players
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