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Hydro Fluoric Acid Market Growing at 11.7% CAGR Will Hit 1970 Million US$ in 2025

 

Los Angeles, CA -- (SBWIRE) -- 04/22/2019 -- Hydrofluoric acid is a solution of hydrogen fluoride (HF) in water. It is a colourless solution that is highly corrosive, capable of dissolving many materials, especially oxides.

In consumption market, the growth rate of global consumption is fast relatively. China is still the mainly consumption regions due to the advanced downstream industries and rapid development of economy. However, the demand in China is mainly concentrated in the field of EL grade.

The major raw material for Electronic Grade Hydrofluoric Acid is AHF. In the global market, supply of raw materials is full. Initial materials fluorite mainly concentrated in China, Mongolia, South Africa and Mexico. In the world wide, giant manufactures mainly distribute in those areas. China has a long history and unshakable status in this industry. Fluctuations in the price of the upstream product will impact on the production cost of Electronic Grade Hydrofluoric Acid industry. The price changes in 2017 are mainly due to the sharp rise in the price of fluorite.

The global Hydro Fluoric Acid market was 810 million US$ in 2018 and is expected to 1970 million US$ by the end of 2025, growing at a CAGR of 11.7% between 2019 and 2025.

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This report studies the Hydro Fluoric Acid market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Hydro Fluoric Acid in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Stella Chemifa Corp

FDAC

Honeywell

Solvay (Zhejiang Lansol)

Morita

Sunlit Chemical

Zhejiang Kaiheng Electronic Materials

Do-Fluoride Chemicals

Suzhou Crystal Clear Chemical

Jiangyin Jianghua Microelectronics Materials

Shaowu Fluoride

Shaowu Huaxin

Yingpeng Group

Sanmei

By the product type, the market is primarily split into

UP Grade

UP-S Grade

UP-SS Grade

EL Grade

By the end users/application, this report covers the following segments

Integrated Circuit

Solar Energy

Glass Product

Monitor Panel

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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