Hydrofluoric acid is a solution of hydrogen fluoride (HF) in water. It is a colourless solution that is highly corrosive, capable of dissolving many materials, especially oxides. Electronic grade hydrofluoric acid is divided into EL, UP, UPS, UPSS.
Currently, a few companies in the world can produce Electronic Grade Hydrofluoric Acid product, especially high-grade products. They mainly concentrated in China, Taiwan and Japan. The main market players are Stella Chemifa Corp, FDAC, and Zhejiang Kaiheng Electronic Materials etc. In the past five years, the sales volume of Electronic Grade Hydrofluoric Acid increased to from 176 K MT in 2012 to 252 K MT in 2016, with an average growth rate of 9.41%.
In consumption market, the growth rate of global consumption is fast relatively. China is still the mainly consumption regions due to the advanced downstream industries and rapid development of economy. However, the demand in China is mainly concentrated in the field of EL grade.
Electronic Grade Hydrofluoric Acid can be classified as four types according to the purity, include UP Grade, UP-S Grade, UP-SS Grade and EL Grade. It can be widely used in many industries. Survey results showed that 61% of the Electronic Grade Hydrofluoric Acid market is integrated circuit industry, 17% is used in monitor panel industry. The downstream market demand is from Monitor Panel field.
The major raw material for Electronic Grade Hydrofluoric Acid is AHF. In the global market, supply of raw materials is full. Initial materials fluorite mainly concentrated in China, Mongolia, South Africa and Mexico. In the world wide, giant manufactures mainly distribute in those areas. China has a long history and unshakable status in this industry. Fluctuations in the price of the upstream product will impact on the production cost of Electronic Grade Hydrofluoric Acid industry. The price changes in 2017 are mainly due to the sharp rise in the price of fluorite.
Study Group believes that the development potential of this industry has a huge space, especially in the case of the development of downstream products with high added value is developed fast.
The global Hydrofluoric Acid market was 690 million US$ in 2018 and is expected to 1290 million US$ by the end of 2025, growing at a CAGR of 9.4% between 2019 and 2025.
This report studies the Hydrofluoric Acid market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Hydrofluoric Acid in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Stella Chemifa Corp
Zhejiang Kaiheng Electronic Materials
Suzhou Crystal Clear Chemical
Jiangyin Jianghua Microelectronics Materials
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Hydrofluoric Acid market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Hydrofluoric Acid market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Hydrofluoric Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hydrofluoric Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Hydrofluoric Acid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Hydrofluoric Acid are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Hydrofluoric Acid market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Hydrofluoric Acid market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.