Global Anhydrous Hydrofluoric Acid Market Size to Exceed USD 10.26 Billion by 2035 | CAGR of 4.05%
Category: Chemicals & MaterialsGlobal Anhydrous Hydrofluoric Acid Market Size to Exceed USD 10.26 Billion by 2035
According to a Research Report Published by Spherical Insights & Consulting, The Global Anhydrous Hydrofluoric Acid Market Size was worth around USD 6.63 Billion in 2024, Growing to 6.80 Billion in 2025, and is predicted to Grow to around USD 10.26 Billion by 2035 with a compound annual growth rate (CAGR) of 4.05% from 2025 to 2035.
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Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the "Global Anhydrous Hydrofluoric Acid Market Size, Share, and COVID-19 Impact Analysis, By Type (Fluorite-Based and Fluorosilicic Acid), By Application (Intermediate in Chemical Reactions, and Fuming Agents), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/anhydrous-hydrofluoric-acid-market
The manufacturing, distribution, and usage of AHF, a highly poisonous and corrosive chemical made of hydrogen and fluorine, are the main activities of the global industry known as the anhydrous hydrofluoric acid (AHF) market. The production of fluoropolymers, refrigerants, aluminum fluoride, and as a catalyst in the refining of petroleum are just a few of the industrial operations that use this vital raw element. The market comprises a variety of stakeholders, including manufacturers, suppliers, and end users from sectors like electronics, pharmaceuticals, and chemicals. AHF is an essential catalyst in the refining of petroleum, especially in the alkylation process, where the demand for it is being driven by the growing worldwide fuel use. AHF is necessary for etching and chemical synthesis processes, therefore the rise of the semiconductor and pharmaceutical industries also greatly boosts market expansion. The market is further fueled by rising investments in the production of chemicals as well as developments in safe handling and transportation technology. However, the market for anhydrous hydrofluoric acid is severely restricted in its growth by stringent regulations, safety concerns, high toxicity, and handling challenges.
The fluorite-based segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the type, the anhydrous hydrofluoric acid market is divided into fluorite-based and fluorosilicic acid. Among these, the fluorite-based segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. AHF fluorite-based is preferred due to its excellent purity and efficiency in applications that need to meet strict quality criteria, such as the etching and cleaning procedures used in the manufacture of semiconductors.
The intermediate in chemical reactions segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the application, the anhydrous hydrofluoric acid market is divided into intermediate in chemical reactions and fuming agents. Among these, the intermediate in chemical reactions segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The primary function of anhydrous hydrofluoric acid (AHF), an intermediate in a chemical sequence, is to play a crucial role in the synthesis of numerous significant fluorine-based compounds.
Asia Pacific is expected to hold the majority share of the global anhydrous hydrofluoric acid market during the forecast period.
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Asia Pacific is expected to hold the majority share of the global anhydrous hydrofluoric acid market during the forecast period. The strong industrial growth, growing electronics and semiconductor industries, and rising demand for fluoropolymers and refrigerants are all factors contributing to the Asia-Pacific region. Countries like China, India, Japan, and South Korea make substantial contributions because of their investments in high-tech industries and their vast chemical production capabilities. The market in the area is further strengthened by the availability of raw materials and encouraging government regulations.
North America is anticipated to grow at the fastest pace in the global anhydrous hydrofluoric acid market during the forecast period. Growing demand from important businesses including semiconductor manufacturing, fluoropolymer manufacture, and petroleum refining is what propels North America. Market expansion is further supported by investments in cutting-edge manufacturing technology, strict regulatory frameworks, and an emphasis on the production of high-purity AHF.
Major vendors in the global anhydrous hydrofluoric acid market are BASF, Solvay, Arkema, LANXESS, Gulf Flour, SRF Limited, Donguye Group Ltd., Stella Chemifa Corporation, Honeywell International Inc., Orbia Flour & Energy Materials, Zhejiang Yonghe Refrigerant Co., Ltd., Navin Fluorine International Limited, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In July 2023, A fresh capital investment of 450 crore (USD 54.22 million) has been announced by Navin Fluorine to build a factory in Dahej, India, that will produce 40,000 tons of anhydrous hydrofluoric acid (AHF) a year. The facility, expected to be operational by early 2025, aims to raise the company's profile in the global fluorochemical market.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the anhydrous hydrofluoric acid market based on the below-mentioned segments:
Global Anhydrous Hydrofluoric Acid Market, By Type
- Fluorite-Based
- Fluorosilicic Acid
Global Anhydrous Hydrofluoric Acid Market, By Application
- Intermediate in Chemical Reactions
- Fuming Agents
Global Anhydrous Hydrofluoric Acid Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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