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Anhydrous Hydrogen Fluoride (AHF) Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published Nov 01, 2024
Length 155 Pages
SKU # FOB19302933

Description

Anhydrous Hydrogen Fluoride (AHF) Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Anhydrous Hydrogen Fluoride Market

The anhydrous hydrogen fluoride market size was valued at USD 2.55 billion in 2023, and the market is now projected to grow from USD 2.88 billion in 2023 to USD 4.31 billion by 2031, exhibiting a CAGR of 5.1% during the forecast period of 2023-2031.

The COVID 19 had a negative effect on the anhydrous hydrogen fluoride market, which declined to 0.7% in 2020 due to disruptions in operations and supply for the fluorochemical producing countries disrupting the supply chains and labor. Easing of automotive manufacturing, also a large end-user of fluoropolymer, made its effect on AHF demand worse. Nevertheless, post-Q2 2021 showed a steady rise because manufacturing activities normalized, and government support is expected to help the slow revival of the hydrogen fluoride industry in the years to come.

Hydrogen fluoride is used in the manufacture of many products for the industrial and commercial world with fluorocarbons consuming the largest part of the substance. According to information provided by Eurofluor, more than 60% of the overall HF produced worldwide is consumed in fluorocarbon production, its importance in this field thus cannot be overemphasized. Due to this high demand, hydrogen fluoride is a key chemical substance in the chemical industry.

Anhydrous hydrogen fluoride is essential for manufacturing of herbicides, gas with high octane, pharmaceuticals, fluorides used in refrigerators, aluminum, plastics, electrical appliances, and fluorescent lamps, etc. The chemical obtained from hydrogen fluoride is used in many consumer products, and this fact will help demand to grow and stimulate the anhydrous hydrogen fluoride market. Again, consumer need is positively related to the demand with the AHF because these are the products consumers cannot do without hence the market will grow as the need for these products grows.

Comprehensive Analysis of Anhydrous Hydrogen Fluoride Market

The anhydrous hydrogen fluoride market growth is rising at an exponential rate due to its market segmentation. This market expansion rightly presents a detailed local analysis based on the forces such as supply and demand which define the industry. These segmentations are methodically segregated by product type analysis, and by application analysis. By product type analysis include <99.90% and >99.90%. By application analysis include chemical, mining, metallurgical, others.

The Asia Pacific region lead the anhydrous hydrogen fluoride market share by benefitting a market size of USD 1.22 billion in 2021 due to increasing demand for refrigerants.

The top players have a significant responsibility in the chemicals & advanced materials industry for confirming industrial prospectus growth and determining the market trends. These players include, Solvay SA, The Linde Group, DERIVADOS DEL FLUOR, HaloPolymer OJSC, Arkema, Honeywell International, NFIL, Foosung Co. Ltd., Foshan Nanhai Double Fluoride Chemical Co. Ltd., Fubao Group these market players provide a level-playing competitive landscape.

In May 2021, Desmet Ballestra Group acquired Buss ChemTech AG to expand its European consumer base and enhance offerings in R&D, process equipment, and plant technologies.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2018-2029

Base Year 2021

Estimated Year 2022

Forecast Period 2022-2029

Historical Period 2018-2020

Unit Value (USD Billion), Volume (Kilo Tons)

Segmentation By Product Type, Application, and Geography

By Product Type

>99.90%
<99.90%
By Application

Chemical

Mining

Metallurgical

Others

By Geography

North America (By Product Type, By Application, By Country)

U.S.

Canada

Europe (By Product Type, By Application, By Country)

Germany

U.K.

France

Italy

Rest of Europe

Asia Pacific (By Product Type, By Application, By Country)

China

India

Japan

ASEAN

Rest of Asia Pacific

Latin America (By Product Type, By Application, By Country)

Brazil

Mexico

Rest of South America

Middle East and Africa (By Product Type, By Application, By Country)

Middle East

Africa

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Table of Contents

155 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Trends
4.2. Insights on Regulatory Scenario
4.3. PEST Analysis
4.4. PORTER’s Five Forces Analysis
4.5. Pricing Analysis
5. Covid-19 Impact Analysis
5.1. Supply Chain Challenges
5.2. Steps taken by companies to overcome the impact
6. Global Anhydrous Hydrogen Fluoride Market Analysis, Insights and Forecast, 2018–2029
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Product Type (Value & Volume)
6.2.1. >99.90%
6.2.2. <99.90%
6.3. Market Analysis, Insights and Forecast – By Application (Value & Volume)
6.3.1. Chemical
6.3.2. Mining
6.3.3. Metallurgical
6.3.4. Others
6.4. Market Analysis, Insights and Forecast – By Region (Value & Volume)
6.4.1. North America
6.4.2. Europe
6.4.3. Asia Pacific
6.4.4. Latin America
6.4.5. Middle East & Africa
7. North America Anhydrous Hydrogen Fluoride Market Analysis, Insights and Forecast, 2018–2029
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Product Type (Value & Volume)
7.2.1. >99.90%
7.2.2. <99.90%
7.3. Market Analysis, Insights and Forecast – By Application (Value & Volume)
7.3.1. Chemical
7.3.2. Mining
7.3.3. Metallurgical
7.3.4. Others
7.4. Market Analysis, Insights and Forecast – By Country (Value & Volume)
7.4.1. U.S.
7.4.2. Canada
8. Europe Anhydrous Hydrogen Fluoride Market Analysis, Insights and Forecast, 2018–2029
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Product Type (Value & Volume)
8.2.1. >99.90%
8.2.2. <99.90%
8.3. Market Analysis, Insights and Forecast – By Application (Value & Volume)
8.3.1. Chemical
8.3.2. Mining
8.3.3. Metallurgical
8.3.4. Others
8.4. Market Analysis, Insights and Forecast – By Country (Value & Volume)
8.4.1. Germany
8.4.2. U.K.
8.4.3. France
8.4.4. Italy
8.4.5. Rest of Europe
9. Asia Pacific Anhydrous Hydrogen Fluoride Market Analysis, Insights and Forecast, 2018–2029
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Product Type (Value & Volume)
9.2.1. >99.90%
9.2.2. <99.90%
9.3. Market Analysis, Insights and Forecast – By Application (Value & Volume)
9.3.1. Chemical
9.3.2. Mining
9.3.3. Metallurgical
9.3.4. Others
9.4. Market Analysis, Insights and Forecast – By Country (Value & Volume)
9.4.1. China
9.4.2. India
9.4.3. Japan
9.4.4. ASEAN
9.4.5. Rest of Asia Pacific
10. Latin America Anhydrous Hydrogen Fluoride Market Analysis, Insights and Forecast, 2018–2029
10.1. Key Findings / Summary
10.2. Market Analysis, Insights and Forecast – By Product Type (Value & Volume)
10.2.1. >99.90%
10.2.2. <99.90%
10.3. Market Analysis, Insights and Forecast – By Application (Value & Volume)
10.3.1. Chemical
10.3.2. Mining
10.3.3. Metallurgical
10.3.4. Others
10.4. Market Analysis, Insights and Forecast – By Country (Value & Volume)
10.4.1. Brazil
10.4.2. Mexico
10.4.3. Rest of Latin America
11. Middle East & Africa Anhydrous Hydrogen Fluoride Market Analysis, Insights and Forecast, 2018–2029
11.1. Key Findings / Summary
11.2. Market Analysis, Insights and Forecast – By Product Type (Value & Volume)
11.2.1. >99.90%
11.2.2. <99.90%
11.3. Market Analysis, Insights and Forecast – By Application (Value & Volume)
11.3.1. Chemical
11.3.2. Mining
11.3.3. Metallurgical
11.3.4. Others
11.4. Market Analysis, Insights and Forecast – By Sub-Region (Value & Volume)
11.4.1. Middle East
11.4.2. Africa
12. Company Profiles (Overview, Products & Services, Recent Developments, Strategies, Financials (based on availability))
12.1. Solvay SA
12.1.1. Overview,
12.1.2. Products & Services,
12.1.3. Recent Developments,
12.1.4. Strategies,
12.1.5. Financials (based on availability)
12.2. The Linde Group
12.2.1. Overview,
12.2.2. Products & Services,
12.2.3. Recent Developments,
12.2.4. Strategies,
12.2.5. Financials (based on availability)
12.3. DERIVADOS DEL FLUOR
12.3.1. Overview,
12.3.2. Products & Services,
12.3.3. Recent Developments,
12.3.4. Strategies,
12.3.5. Financials (based on availability)
12.4. HaloPolymer, OJSC
12.4.1. Overview,
12.4.2. Products & Services,
12.4.3. Recent Developments,
12.4.4. Strategies,
12.4.5. Financials (based on availability)
12.5. Arkema
12.5.1. Overview,
12.5.2. Products & Services,
12.5.3. Recent Developments,
12.5.4. Strategies,
12.5.5. Financials (based on availability)
12.6. Honeywell International
12.6.1. Overview,
12.6.2. Products & Services,
12.6.3. Recent Developments,
12.6.4. Strategies,
12.6.5. Financials (based on availability)
12.7. NFIL
12.7.1. Overview,
12.7.2. Products & Services,
12.7.3. Recent Developments,
12.7.4. Strategies,
12.7.5. Financials (based on availability)
12.8. Foosung Co. Ltd.
12.8.1. Overview,
12.8.2. Products & Services,
12.8.3. Recent Developments,
12.8.4. Strategies,
12.8.5. Financials (based on availability)
12.9. Foshan Nanhai Double Fluoride Chemical Co., Ltd.
12.9.1. Overview,
12.9.2. Products & Services,
12.9.3. Recent Developments,
12.9.4. Strategies,
12.9.5. Financials (based on availability)
12.10. Fubao Group
12.10.1. Overview,
12.10.2. Products & Services,
12.10.3. Recent Developments,
12.10.4. Strategies,
12.10.5. Financials (based on availability)
13. Strategic Recommendations

Pricing

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