Global Hydrofluoric Acid Market by Grade, Application and Region: Forecast to 2023 – Anhydrous Hydrofluoric Acid (AHF) is Projected to Witness the Highest Growth – ResearchAndMarkets.com

The “Hydrofluoric
Acid Market by Grade (Anhydrous, and Diluted Hydrofluoric Acid (Above
50%, and Below 50% Concentration)), Application (Fluorocarbons,
Fluorinated Derivatives, Metal Pickling, Glass Etching), and Region –
Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s
offering.

The hydrofluoric acid market is expected to be 1.6 million tons in 2018
and is projected to reach 2.1 million tons by 2023, at a CAGR of 5.5%
between 2018 and 2023.

The growing demand for hydrofluorocarbons (HFCs) and hydrofluoroolefins
(HFOs) and the increasing demand for fluorine compounds from several
industries are the major factors driving the global hydrofluoric acid
market during the forecast period. However, the stringent regulations on
the use of fluorocarbon refrigerants may act as a restraint for the
hydrofluoric acid market.

Anhydrous hydrofluoric acid (AHF) is projected to witness the highest
growth during the forecast period. The rising demand of this grade in
the fluorocarbon production, fluorinated derivative production, and oil
refining applications is expected to raise the consumption of AHF
globally. Moreover, the rising demand for fluorocarbons such as HFCs and
HFOs is expected to make this grade one of the most widely used
hydrofluoric acid grades.

The fluorocarbon production application segment is estimated to account
for a major share of the overall hydrofluoric acid market during the
forecast period due to the large demand for hydrofluoric acid for the
manufacture of fluorocarbons. Moreover, the growing demand for
fluorocarbon-based refrigerants is expected to lead to the growth of
hydrofluoric acid market during the forecast period.

Market Dynamics

Drivers

Restraints

Challenges

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Hydrofluoric Acid Market, By Grade

7 Hydrofluoric Acid Market, By Application

8 Hydrofluoric Acid Market, By Region

9 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/9r7gr8/global?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180711005549/en/

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