Global Hydrofluoric Acid
Market Report
2025
The global hydrofluoric acid market size is USD 3.4 billion in 2024. The hydrofluoric acid market will show strongest growth with a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031. Increasing earning standards are responsible for this evolution.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Hydrofluoric Acid Market Report 2025.
According to Cognitive Market Research, the global hydrofluoric acid market size is USD 3.4 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
As per the current market study, out of 1433.8 Million USD global market revenue 2025, North America market holds 25.45% of the market share. The North America Hydrofluoric Acid industry grew from 301.415 Million USD in 2021 to 364.902 Million USD in 2025 and will record 82.60% growth. In coming future this industry will reach 534.851 Million by 2033 with a 4.896% CAGR. If we look at the percentage market shares of top North America countries for 2025,Mexico (5.25%), Canada (13.69%), United States (81.06%)
As per the current market study, out of 1433.8 Million USD global market revenue 2025, Europe market holds 19.70% of the market share. The Europe Hydrofluoric Acid industry grew from 233.279 Million USD in 2021 to 282.459 Million USD in 2025 and will record 82.59% growth. In coming future this industry will reach 419.925 Million by 2033 with a 5.082% CAGR. If we look at the percentage market shares of top Europe countries for 2025,Switzerland (4.72%), Italy (9.90%), Denmark (3.05%), Germany (20.68%), Sweden (5.77%), France (13.41%), Luxembourg (0.76%), Spain (8.41%), United Kingdom (12.80%), Russia (6.04%), Rest of Europe (14.47%)
As per the current market study, out of 1433.8 Million USD global market revenue 2025, Asia Pacific market holds 40.65% of the market share. The Asia Pacific Hydrofluoric Acid industry grew from 459.629 Million USD in 2021 to 582.84 Million USD in 2025 and will record 78.86% growth. In coming future this industry will reach 939.305 Million by 2033 with a 6.147% CAGR. If we look at the percentage market shares of top Asia Pacific countries for 2025,Japan (13.85%), Singapore (4.76%), China (26.50%), Australia (7.64%), Taiwan (5.81%), India (14.85%), South East Asia (8.09%), Korea (7.99%), Rest of APAC (10.51%)
As per the current market study, out of 1433.8 Million USD global market revenue 2025, South America market holds 5.58% of the market share. The South America Hydrofluoric Acid industry grew from 63.517 Million USD in 2021 to 80.006 Million USD in 2025 and will record 79.39% growth. In coming future this industry will reach 126.464 Million by 2033 with a 5.89% CAGR. If we look at the percentage market shares of top South America countries for 2025,Peru (8.75%), Colombia (17.07%), Argentina (20.63%), Brazil (34.90%), Chile (8.07%), Rest of South America (10.58%)
As per the current market study, out of 1433.8 Million USD global market revenue 2025, Middle East market holds 4.35% of the market share. The Middle East Hydrofluoric Acid industry grew from 49.658 Million USD in 2021 to 62.299 Million USD in 2025 and will record 79.71% growth. In coming future this industry will reach 97.621 Million by 2033 with a 5.775% CAGR. If we look at the percentage market shares of top Middle East countries for 2025,UAE (18.59%), Turkey (16.19%), Qatar (7.89%), Saudi Arabia (28.39%), Egypt (13.21%), Rest of MEA (15.73%)
As per the current market study, out of 1433.8 Million USD global market revenue 2025, Africa market holds 4.28% of the market share. The Africa Hydrofluoric Acid industry grew from 47.349 Million USD in 2021 to 61.295 Million USD in 2025 and will record 77.25% growth. In coming future this industry will reach 91.964 Million by 2033 with a 5.202% CAGR. If we look at the percentage market shares of top Africa countries for 2025,South Africa (45.16%), Nigeria (13.68%), Rest of Africa (41.16%)
2024 | 2025 | 2032 | 2033 | CAGR | |
---|---|---|---|---|---|
Global Hydrofluoric Acid Market Sales Revenue | $ 3.4 Million | $ 1433.8 Million | 121212 | $ 2210.13 Million | 5.558% |
North America Hydrofluoric Acid Market Sales Revenue | 121212 | $ 364.902 Million | 121212 | $ 534.851 Million | 4.896% |
Mexico Hydrofluoric Acid Market Sales Revenue | 121212 | $ 19.157 Million | 121212 | $ 28.668 Million | 5.168% |
Canada Hydrofluoric Acid Market Sales Revenue | 121212 | $ 49.955 Million | 121212 | $ 76.537 Million | 5.478% |
United States Hydrofluoric Acid Market Sales Revenue | 121212 | $ 295.79 Million | 121212 | $ 429.646 Million | 4.777% |
Europe Hydrofluoric Acid Market Sales Revenue | 121212 | $ 282.459 Million | 121212 | $ 419.925 Million | 5.082% |
Switzerland Hydrofluoric Acid Market Sales Revenue | 121212 | $ 13.332 Million | 121212 | $ 18.855 Million | 4.428% |
Italy Hydrofluoric Acid Market Sales Revenue | 121212 | $ 27.963 Million | 121212 | $ 40.481 Million | 4.733% |
Denmark Hydrofluoric Acid Market Sales Revenue | 121212 | $ 8.615 Million | 121212 | $ 12.43 Million | 4.689% |
Germany Hydrofluoric Acid Market Sales Revenue | 121212 | $ 58.412 Million | 121212 | $ 91.46 Million | 5.765% |
Sweden Hydrofluoric Acid Market Sales Revenue | 121212 | $ 16.298 Million | 121212 | $ 24.587 Million | 5.274% |
France Hydrofluoric Acid Market Sales Revenue | 121212 | $ 37.878 Million | 121212 | $ 54.002 Million | 4.533% |
Luxembourg Hydrofluoric Acid Market Sales Revenue | 121212 | $ 2.133 Million | 121212 | $ 2.788 Million | 3.408% |
Spain Hydrofluoric Acid Market Sales Revenue | 121212 | $ 23.755 Million | 121212 | $ 36.114 Million | 5.376% |
United Kingdom Hydrofluoric Acid Market Sales Revenue | 121212 | $ 36.155 Million | 121212 | $ 55.304 Million | 5.457% |
Russia Hydrofluoric Acid Market Sales Revenue | 121212 | $ 17.06 Million | 121212 | $ 23.054 Million | 3.835% |
Rest of Europe Hydrofluoric Acid Market Sales Revenue | 121212 | $ 40.858 Million | 121212 | $ 60.851 Million | 5.105% |
Asia Pacific Hydrofluoric Acid Market Sales Revenue | 121212 | $ 582.84 Million | 121212 | $ 939.305 Million | 6.147% |
Japan Hydrofluoric Acid Market Sales Revenue | 121212 | $ 80.723 Million | 121212 | $ 122.673 Million | 5.37% |
Singapore Hydrofluoric Acid Market Sales Revenue | 121212 | $ 27.743 Million | 121212 | $ 45.556 Million | 6.396% |
China Hydrofluoric Acid Market Sales Revenue | 121212 | $ 154.453 Million | 121212 | $ 253.143 Million | 6.371% |
Australia Hydrofluoric Acid Market Sales Revenue | 121212 | $ 44.529 Million | 121212 | $ 67.536 Million | 5.344% |
Taiwan Hydrofluoric Acid Market Sales Revenue | 121212 | $ 33.863 Million | 121212 | $ 53.315 Million | 5.838% |
India Hydrofluoric Acid Market Sales Revenue | 121212 | $ 86.552 Million | 121212 | $ 148.41 Million | 6.973% |
South East Asia Hydrofluoric Acid Market Sales Revenue | 121212 | $ 47.152 Million | 121212 | $ 79.183 Million | 6.695% |
Korea Hydrofluoric Acid Market Sales Revenue | 121212 | $ 46.569 Million | 121212 | $ 71.293 Million | 5.468% |
Rest of APAC Hydrofluoric Acid Market Sales Revenue | 121212 | $ 61.256 Million | 121212 | $ 98.195 Million | 6.076% |
South America Hydrofluoric Acid Market Sales Revenue | 121212 | $ 80.006 Million | 121212 | $ 126.464 Million | 5.89% |
Peru Hydrofluoric Acid Market Sales Revenue | 121212 | $ 6.999 Million | 121212 | $ 10.911 Million | 5.707% |
Colombia Hydrofluoric Acid Market Sales Revenue | 121212 | $ 13.66 Million | 121212 | $ 20.872 Million | 5.442% |
Argentina Hydrofluoric Acid Market Sales Revenue | 121212 | $ 16.505 Million | 121212 | $ 27.025 Million | 6.358% |
Brazil Hydrofluoric Acid Market Sales Revenue | 121212 | $ 27.922 Million | 121212 | $ 43.655 Million | 5.745% |
Chile Hydrofluoric Acid Market Sales Revenue | 121212 | $ 6.456 Million | 121212 | $ 10.408 Million | 6.15% |
Rest of South America Hydrofluoric Acid Market Sales Revenue | 121212 | $ 8.463 Million | 121212 | $ 13.592 Million | 6.101% |
Middle East Hydrofluoric Acid Market Sales Revenue | 121212 | $ 62.299 Million | 121212 | $ 97.621 Million | 5.775% |
UAE Hydrofluoric Acid Market Sales Revenue | 121212 | $ 11.581 Million | 121212 | $ 18.978 Million | 6.368% |
Turkey Hydrofluoric Acid Market Sales Revenue | 121212 | $ 10.086 Million | 121212 | $ 16.273 Million | 6.162% |
Qatar Hydrofluoric Acid Market Sales Revenue | 121212 | $ 4.916 Million | 121212 | $ 7.528 Million | 5.47% |
Saudi Arabia Hydrofluoric Acid Market Sales Revenue | 121212 | $ 17.687 Million | 121212 | $ 27.881 Million | 5.854% |
Egypt Hydrofluoric Acid Market Sales Revenue | 121212 | $ 8.23 Million | 121212 | $ 12.417 Million | 5.276% |
Rest of MEA Hydrofluoric Acid Market Sales Revenue | 121212 | $ 9.799 Million | 121212 | $ 14.545 Million | 5.061% |
Africa Hydrofluoric Acid Market Sales Revenue | 121212 | $ 61.295 Million | 121212 | $ 91.964 Million | 5.202% |
South Africa Hydrofluoric Acid Market Sales Revenue | 121212 | $ 27.681 Million | 121212 | $ 43.241 Million | 5.734% |
Nigeria Hydrofluoric Acid Market Sales Revenue | 121212 | $ 8.385 Million | 121212 | $ 12.847 Million | 5.478% |
Rest of Africa Hydrofluoric Acid Market Sales Revenue | 121212 | $ 25.229 Million | 121212 | $ 35.875 Million | 4.499% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Grade |
|
Market Split by Application |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Report scope is customizable as we have a huge database of Hydrofluoric Acid industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Hydrofluoric Acid Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Hydrofluoric acid (HF) is a powerful artificial acid that finds application in numerous fields. It is mostly created when sulfurous acid and fluoride (calcium fluoride) mix. Because of its hazardous and caustic characteristics, HF must be handled and stored with caution. Numerous reasons, particularly the need for downstream industries, notably medicine, chemicals, electronic devices, and automobiles, propel the hydrofluoric acid industry. A further major factor propelling the hydrofluoric acid industry is the gasoline processing business. The Requirement for better, more effective fuel is met by using HF acid in chemical reaction procedures to make high-octane petrol. Because of this, hydrofluoric acid is still needed for oil refining, which fuels market expansion.
We have various report editions of Hydrofluoric Acid Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In June 2024, Solvay executives conducted a virtual seminar about effective substances, which included the corporation's divisions of Specialty Chemistry, Coatis, and Silicon. These actions create the information and ingredients that people require for conducting routine.
Top Companies Market Share in Hydrofluoric Acid Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America emerged as the dominant region in the hydrofluoric acid market because possibilities for fluorochemical manufacturing are growing. Additionally, it is expected that the presence of significant major competitors would further accelerate the growth of the hydrofluoric acid industry in the area.
Asia-Pacific stands out as the fastest-growing region in the hydrofluoric acid market because of the increased availability and need for hydrofluoric acid as a result of significant stocks of fluorspar as a substance. Additionally, a rise in applications such as national defense, commercial, and construction manufacturing industries would support the market's expansion for hydrofluoric acid.
The current report Scope analyzes Hydrofluoric Acid Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Hydrofluoric Acid Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Hydrofluoric Acid Industry growth. Hydrofluoric Acid market has been segmented with the help of its Grade, Application , and others. Hydrofluoric Acid market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, anhydrous hydrofluoric (AHF) is the dominant category. Because of the growing demand for this kind of material in the synthesis of fluorinated derivatives, fluorocarbons, and other uses related to petrochemical processing. Due to its capacity for dissolving aluminum, AHF is employed as a cleaning solution in metallurgy to eliminate oxides and other contaminants from the steel used in manufacturing.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Hydrofluoric Acid Industry. Request a Free Sample PDF!
Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Hydrofluoric Acid Market.
Some of the key Application of Hydrofluoric Acid are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
Senior Research Analyst at Cognitive Market Research
• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.
Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Hydrofluoric Acid Market is witnessing significant growth in the near future.
In 2023, the AHF segment accounted for noticeable share of global Hydrofluoric Acid Market and is projected to experience significant growth in the near future.
The Production of Fluorocarbons segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Honeywell International Inc. (US) , Stella Chemifa Corporation (Japan) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Grade | AHF, DHF (Below 50% Concentration), DHF (Above 50% Concentration) |
Application | Production of Fluorocarbons, Production of Fluorinated Derivatives, Metal Pickling, Glass Etching & Cleaning, Oil Refining, Production of Uranium Fuel |
List of Competitors | Honeywell International Inc. (US), Solvay (Belgium), Stella Chemifa Corporation (Japan), Daikin (Japan), Lanxess (Germany) |
This chapter will help you gain GLOBAL Market Analysis of Hydrofluoric Acid. Further deep in this chapter, you will be able to review Global Hydrofluoric Acid Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Hydrofluoric Acid. Further deep in this chapter, you will be able to review North America Hydrofluoric Acid Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Hydrofluoric Acid. Further deep in this chapter, you will be able to review Europe Hydrofluoric Acid Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Hydrofluoric Acid. Further deep in this chapter, you will be able to review Asia Pacific Hydrofluoric Acid Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Hydrofluoric Acid. Further deep in this chapter, you will be able to review South America Hydrofluoric Acid Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Hydrofluoric Acid. Further deep in this chapter, you will be able to review Middle East Hydrofluoric Acid Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Hydrofluoric Acid. Further deep in this chapter, you will be able to review Middle East Hydrofluoric Acid Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Hydrofluoric Acid. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Grade Analysis 2019 -2031, will provide market size split by Grade. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Grade Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Hydrofluoric Acid market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why AHF have a significant impact on Hydrofluoric Acid market? |
What are the key factors affecting the AHF and DHF (Below 50% Concentration) of Hydrofluoric Acid Market? |
What is the CAGR/Growth Rate of Production of Fluorocarbons during the forecast period? |
By type, which segment accounted for largest share of the global Hydrofluoric Acid Market? |
Which region is expected to dominate the global Hydrofluoric Acid Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|