Quick Summary:
In a rapidly evolving and increasingly interconnected global economy, it's never been more crucial for senior business executives to stay ahead of trends in the Hydrofluoric Acid market. Our comprehensive new report presents pivotal insights and projections up to 2030 estimated based on reliable and up-to-date data. With a current market value of US$1.2 Billion in the year 2022, and anticipated to reach US$1.8 Billion by 2030, it is evident that the Hydrofluoric Acid sector is a high growth area of interest.
Gain an edge over your competition by understanding future market trajectory, major players including Honeywell International, Inc., Fluorchemie Stulln GmbH, and Dongyue Group Ltd., as well as the rapidly growing markets of China and the US. With our report, you can be confident in making informed decisions, based on solid research, maximizing sustainable growth for your business in the Hydrofluoric Acid market. With a complimentary one-year update, our premium service ensures you stay informed, agile and ahead.
Global Hydrofluoric Acid Market to Reach $1.8 Billion by 2030
The global market for Hydrofluoric Acid estimated at US$1.2 Billion in the year 2022, is projected to reach a revised size of US$1.8 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030. Anhydrous, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$1.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Diluted segment is readjusted to a revised 6% CAGR for the next 8-year period.The U.S. Market is Estimated at $307.2 Million, While China is Forecast to Grow at 9% CAGR
The Hydrofluoric Acid market in the U.S. is estimated at US$307.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$427.9 Million by the year 2030 trailing a CAGR of 9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.Select Competitors (Total 12 Featured) -
- Daikin Industries Ltd.
- Dongyue Group Ltd.
- Fluorchemie Stulln GmbH
- Fubao Group
- Fujian Longfu Chemical Co., Ltd.
- Fujian Shaowu Yongfei Chemical Co., Ltd.
- Gulf Fluor
- Honeywell International, Inc.
- Lanxess AG
- Mexichem Fluor S.A. de C.V.
- Morita Chemical Industries Co., Ltd.
- Navin Fluorine International Limited
- Shaowu Huaxin Chemical Industry Co., Ltd.
- Sinochem Group Co., Ltd.
- Solvay S.A
- SRF Ltd.
- Tanfac Industries Ltd.
- Ying Peng Group
- Zhejiang Sanmei Chemical Incorporated Company
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Hydrofluoric Acid?
What is the growth rate of the Global Market for Hydrofluoric Acid?
What is the forecasted size of the Global Market for Hydrofluoric Acid?
Who are the key companies in the Global Market for Hydrofluoric Acid?
Report Attribute | Details |
---|---|
No. of Pages | 179 |
Published | December 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 1.2 Billion |
Forecasted Market Value ( USD | $ 1.8 Billion |
Compound Annual Growth Rate | 5.2% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Daikin Industries Ltd.
- Dongyue Group Ltd.
- Fluorchemie Stulln GmbH
- Fubao Group
- Fujian Longfu Chemical Co., Ltd.
- Fujian Shaowu Yongfei Chemical Co., Ltd.
- Gulf Fluor
- Honeywell International, Inc.
- Lanxess AG
- Mexichem Fluor S.A. de C.V.
- Morita Chemical Industries Co., Ltd.
- Navin Fluorine International Limited
- Shaowu Huaxin Chemical Industry Co., Ltd.
- Sinochem Group Co., Ltd.
- Solvay S.A
- SRF Ltd.
- Tanfac Industries Ltd.
- Ying Peng Group
- Zhejiang Sanmei Chemical Incorporated Company