Hydrofluoric Acid Market Size, Share, Trends, Industry Analysis Report By Grade (Anhydrous, Diluted), By Application (Fluorocarbon, Fluorinated Derivatives, Metal Pickling, Glass Etching, Oil Refining, Others), By Region – Market Forecast, 2025–2034

The global hydrofluoric acid market size is expected to reach USD 2.32 billion by 2034, according to a new study by Polaris Market Research. The report “Hydrofluoric Acid Market Size, Share, Trends, Industry Analysis Report By Grade (Anhydrous, Diluted), By Application (Fluorocarbon, Fluorinated Derivatives, Metal Pickling, Glass Etching, Oil Refining, Others), By Region – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The hydrofluoric acid market involves the production, distribution, and consumption of hydrofluoric acid (HF), a highly corrosive and colorless chemical compound. This essential inorganic acid is widely recognized for its unique properties, including its ability to dissolve glass and many other materials. Due to its high reactivity and versatility, hydrofluoric acid serves as a fundamental building block for a vast array of fluorine-containing compounds. It is supplied in various grades, such as anhydrous (without water) and diluted forms, to meet the specific purity and concentration requirements of diverse industrial applications.

The overall outlook of the hydrofluoric acid industry is shaped by a combination of demand from key end-use industries and the availability of its primary raw material, fluorspar. Its importance in the manufacturing of fluorocarbons for refrigerants, propellants, and blowing agents is a major driver. Furthermore, the burgeoning electronics and semiconductor sectors heavily rely on high-purity hydrofluoric acid for etching and cleaning processes vital to microchip production. Other significant applications include metal pickling, glass etching, and as a catalyst in oil refining. The market's dynamics are also influenced by environmental regulations concerning fluorine compounds and ongoing efforts to develop more sustainable production methods and end-use applications.

Hydrofluoric Acid Market Report Highlights

By grade, the anhydrous segment held the largest share in 2024 due to its critical role in the production of fluorocarbons and its extensive use in the petrochemical industry. Its high purity and absence of water are essential for various chemical processes, making it indispensable for large-scale industrial applications globally.

In terms of application, the fluorocarbon production segment held the largest share in 2024. This is driven by the consistent global demand for fluorocarbons, which are vital for manufacturing refrigerants, air conditioning systems, and various blowing agents, thereby consuming a significant volume of hydrofluoric acid.

Based on region, Asia Pacific is the largest and most dynamic market for hydrofluoric acid, primarily fueled by rapid industrialization and the expansive growth of manufacturing sectors within its economies. The North American hydrofluoric acid market is a mature yet significant region, driven by established industries such as petroleum refining, chemical manufacturing, and a growing emphasis on high-tech sectors.

A few key players in the market include Honeywell International Inc.; Solvay; Daikin Industries, Ltd.; LANXESS; Stella Chemifa Corporation; Orbia (Koura); Fluorchemie Group; Dongyue Group Ltd.; Merck KGaA; Navin Fluorine International Limited; The Chemours Company; and Derivados Del Fluor.

Polaris Market Research has segmented the hydrofluoric acid market report on the basis of grade, application, and region:

By Grade Outlook (Volume, Kilotons; Revenue – USD Billion, 2020–2034)

Anhydrous

Diluted

By Application Outlook (Volume, Kilotons; Revenue – USD Billion, 2020–2034)

Fluorocarbon

Fluorinated Derivatives

Metal Pickling

Glass Etching

Oil Refining

Others

By Regional Outlook (Volume, Kilotons; Revenue – USD Billion, 2020–2034)

North America

U.S.

Canada

Europe

Germany

France

UK

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Vietnam

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Mexico

Brazil

Argentina

Rest of Latin America Show more