Global Hydrogen Fluoride Market 2019-2023

Global Hydrogen Fluoride Market 2019-2023

About this market

The increasing use of aluminum in the automotive industry will contribute majorly to the hydrogen fluoride market growth in the forthcoming years. Hydrogen fluoride is a key raw material for the producing aluminum fluoride and aluminum used majorly for the automotive industry. As a result, with the rising growth of the automobile industry, the demand for hydrogen fluoride will rise considerably during the upcoming years. Technavio’s analysts have predicted that the hydrogen fluoride market will register a CAGR of almost 5% by 2023.

Market Overview

Increasing use of aluminum in the automotive industry

One of the growth drivers of the global hydrogen fluoride market is the increasing use of aluminum in the automotive industry. The increasing automotive production across the globe will drive the demand for aluminum in the automotive industry and, thereby, the demand for aluminum fluoride, which, in turn, will drive the demand for hydrogen fluoride market.

Tight supply of fluorspar

One of the challenges in the growth of the global hydrogen fluoride market is the tight supply of fluorspar. The reduced supply of fluorspar is expected to reduce the production of hydrogen fluoride, which in turn is expected to increase the price of hydrogen fluoride during the forecast period.

For the detailed list of factors that will drive and challenge the growth of the hydrogen fluoride market during 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented with the presence of several market players. The increasing awareness about reducing carbon dioxide emission has forced various car manufacturers to focus on fuel efficiency and design. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


Press Release

Technavio Announces the Publication of its Research Report – Global Hydrogen Fluoride Market 2019-2023

Technavio recognizes the following companies as the key players in the global hydrogen fluoride market: Honeywell International Inc., LANXESS, Mexichem S.A.B. de C.V., Solvay, and Tanfac Industries Ltd.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the emergence of HFOs.”

According to the report, one of the major drivers for this market is the rising number of insulation foam applications.

Further, the report states that one of the major factors hindering the growth of this market is the health hazards due to exposure to hydrogen fluoride.

Companies Mentioned

Honeywell International Inc.

LANXESS

Mexichem S.A.B. de C.V.

Solvay

Tanfac Industries Ltd.

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global inorganic chemicals market
      • Table Segments of global inorganic chemicals market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 (thousand t)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Fluorocarbons - Market size and forecast 2018-2023
      • Table Fluorocarbons - Market size and forecast 2018-2023 (thousand t)
      • Table Fluorocarbons - Year-over-year growth 2019-2023 (%)
    • Aluminum fluoride - Market size and forecast 2018-2023
      • Table Aluminum fluoride - Market size and forecast 2018-2023 (thousand t)
      • Table Aluminum fluoride - Year-over-year growth 2019-2023 (%)
      • Table Global aluminum market by region 2018
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 (thousand t)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 (thousand t)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 (thousand t)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 (thousand t)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 (thousand t)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 (thousand t)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global automotive production 2018-2023
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Growing demand for electric vehicles (EVs)
    • Emergence of HFOs
    • Development of green buildings
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Honeywell International Inc.
      • Table Honeywell International Inc. - Vendor overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Organizational developments
      • Table Honeywell International Inc. - Geographic focus
      • Table Honeywell International Inc. - Segment focus
      • Table Honeywell International Inc. - Key offerings
    • LANXESS
      • Table LANXESS - Vendor overview
      • Table LANXESS - Business segments
      • Table LANXESS - Organizational developments
      • Table LANXESS - Geographic focus
      • Table LANXESS - Segment focus
      • Table LANXESS - Key offerings
    • Mexichem S.A.B. de C.V.
      • Table Mexichem S.A.B. de C.V. - Vendor overview
      • Table Mexichem S.A.B. de C.V. - Business segments
      • Table Mexichem S.A.B. de C.V. - Organizational developments
      • Table Mexichem S.A.B. de C.V. - Geographic focus
      • Table Mexichem S.A.B. de C.V. - Segment focus
      • Table Mexichem S.A.B. de C.V. - Key offerings
    • Solvay
      • Table Solvay - Vendor overview
      • Table Solvay - Business segments
      • Table Solvay - Organizational developments
      • Table Solvay - Geographic focus
      • Table Solvay - Segment focus
      • Table Solvay - Key offerings
    • Tanfac Industries Ltd.
      • Table Tanfac Industries Ltd. - Vendor overview
      • Table Tanfac Industries Ltd. - Business segments
      • Table Tanfac Industries Ltd. - Segment focus
      • Table Tanfac Industries Ltd. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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