Hydrofluoric Acid Market Worth 2.1 Million Tons by 2023

PUNE, India, July 2, 2018 /PRNewswire/ --

According to the new market research report on "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", published by MarketsandMarkets™, 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 Hydrofluoric Acid Market is driven by the rising demand for hydrofluoric acid from the fluorocarbon and fluorinated derivative production, metal pickling, glass etching and cleaning, oil refining, and uranium fuel production applications.

     (Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )

Buy the Report: 

https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=263335999

Early buyers will receive 10% customization on this report

Anhydrous hydrofluoric acid estimated to be the largest grade of hydrofluoric acid during the forecast period.  

Anhydrous hydrofluoric acid (AHF) is the largest grade of hydrofluoric acid and is suitable for a wide range of applications such as fluorocarbon production, fluorinated derivative production, and oil refining. AHF is usually found in the gaseous form with concentrations ranging between 99% and 100% . It is a very corrosive and toxic compound, making it difficult to handle and store.

Speak to our Subject Matter Expert: 

https://www.marketsandmarkets.com/speaktoanalyst.asp?id=263335999

Fluorinated derivatives estimated to be the fastest-growing application for hydrofluoric acid during the forecast period. 

The Hydrofluoric Acid Market in the fluorinated derivatives application is projected to register the highest growth during the forecast period. The consumption of hydrofluoric acid in this application is growing due to the rising demand for hydrofluoric acid for the manufacture of fluorinated derivatives such as fluoride, fluoropolymers, and fluorosurfactants.

Asia Pacific is estimated to account for the largest share of the Hydrofluoric Acid Market in 2018, with China estimated to be the major market in Asia Pacific. Japan, India, and South Korea are other major countries contributing to the growth of the Hydrofluoric Acid Market in this region. The increasing demand for hydrofluoric acid from applications such as fluorocarbon production, fluorinated derivative production, metal pickling, and glass etching and cleaning is expected to drive the Hydrofluoric Acid Market in these countries.

Key companies profiled in the Hydrofluoric Acid Market research report include Dongyue Group (China), Honeywell International (US), Daikin (Japan), Solvay (Belgium), Mexichem (Mexico), Sinochem Group (China), LANXESS (Germany), Yingpeng Group (China), Fluoride Chemical (China), and Fluorchemie Group (Germany).

Inquire Now Before Buying Report:
https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=263335999

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit Our Blog: http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets