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Anhydrous Hydrogen Fluoride Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2023-2030

Published Date: October, 2022
No of Pages: 164
Delivery Format: PDF+Excel

$2,950.00

A gas molecule called anhydrous hydrogen fluoride (AHF) contains one fluorine atom and one hydrogen atom. It is a gas that is tasteless, corrosive, and extremely toxic. Etching, cleaning, and fluorination are just a few of the industrial operations that employ AHF. Between 2019 and 2024, the market for anhydrous hydrogen fluoride is projected to expand at a CAGR of 4.5%. The demand from the electronics and semiconductor industries is on the rise, and the usage of AHF in the synthesis of fluorocarbons is also on the rise.

Anhydrous hydrogen fluoride is mostly used in the electronics and semiconductor industries. The etching of semiconductor wafers and the creation of flat-panel displays both employ AHF. From 2019 to 2024, the demand for semiconductors and electronics is anticipated to increase at a CAGR of 5.5%. The second-largest use of anhydrous hydrogen fluoride is in the manufacture of fluorocarbons. Refrigerants, solvents, and aerosols are just a few of the uses for fluorocarbons. Fluorocarbon demand is anticipated to increase between 2019 and 2024 at a CAGR of 4.0%.

More than 50% of the world’s anhydrous hydrogen fluoride demand is accounted for by the Asia-Pacific region. The expanding electronics and semiconductor industries in China and South Korea are what are driving the demand from the region. After Europe and the rest of the world, the North American market is the second-largest.

Anhydrous Hydrogen Fluoride Market Report Scope and Segmentation

ATTRIBUTESDETAILS
ESTIMATED YEAR2023
BASE YEAR2022
FORECAST YEAR2030
HISTORICAL YEAR2017-2022
UNITValue (USD Million/Billion)
BY REGIONNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa

Challenges in the Anhydrous Hydrogen Fluoride Market
The supply-side problems and the demand-side challenges are the two basic categories into which the challenges in the anhydrous hydrogen fluoride industry may be divided.

Supply-side issues:

1. Limited supply of raw materials: Fluorspar, from which hydrofluoric acid is made, is the main raw material used to make anhydrous hydrogen fluoride. But there is currently a shortage of fluorspar because the demand for anhydrous hydrogen fluoride is growing faster than production can keep up with it.

2. Strict environmental regulations: The manufacture of anhydrous hydrogen fluoride requires a significant amount of energy and produces a significant amount of greenhouse gases. Due to the strict environmental laws that apply to the manufacture of anhydrous hydrogen fluoride, the market’s expansion may be hampered.

3. High production costs: Making anhydrous hydrogen fluoride is a difficult procedure that calls for pricey raw materials. Anhydrous hydrogen fluoride manufacturing is a capital-intensive process as a result of this and the requirement for substantial infrastructural investments.

Demand-side problems:

1. Highly fluctuating end-use product prices: Aluminum prices, for example, are extremely volatile, which may have a detrimental effect on the demand for anhydrous hydrogen fluoride.

2. Substitute goods: Chlorine trifluoride is just one of the many items on the market that can be used in place of anhydrous hydrogen fluoride. This can restrict the market’s expansion for anhydrous hydrogen fluoride.

Key Market Trends for Anhydrous Hydrogen Fluoride Market
The market for anhydrous hydrogen fluoride is anticipated to expand at a CAGR of over 4% from 2020 to 2025. The increasing demand for AHF from the semiconductor sector and the growing need for AHF from the aluminum industry are the main reasons fueling the market’s expansion.

With more than 50% of the market share, the aluminum sector is AHF’s biggest end consumer. The building and automotive industries’ rising need for aluminum is the main factor boosting the sector’s expansion. Aluminum fluoride, a flux used in the aluminum smelting process, is created in the aluminum industry using AHF.

The second-largest end-user of AHF, accounting for more than 30% of the entire demand, is the semiconductor sector. The electronics and automotive industries’ rising demand for semiconductors is the primary engine of the semiconductor market’s expansion. Silicon wafers are etched using AHF in the semiconductor sector.

With more than 50% of the global demand, the Asia-Pacific region is the largest market for AHF. The main factor driving the expansion of the Asia-Pacific market is the rising demand for AHF from the Chinese and Indian aluminium and semiconductor sectors. With more than 30% of the global demand coming from this region, North America is the second-largest market for AHF. The main factor boosting the North American market’s expansion is the rising demand for AHF from the aluminium and semiconductor sectors in the United States and Canada.

With approximately 15% of the entire demand, Europe ranks third in terms of markets for AHF. The main force behind the expansion of the European market is the rising demand for AHF from the aluminium and semiconductor sectors in Germany, France, and Italy.

Covid19 Impact of Anhydrous Hydrogen Fluoride Market
Anhydrous hydrogen fluoride (AHF) market growth has been significantly impacted by the COVID-19 pandemic epidemic. The US-China trade conflict was already posing difficulties for the economy, and the pandemic has made matters worse. China is a significant producer and consumer of AHF, and the downturn in its economy has had repercussions for the international market.

The market had a value of USD XX million in 2019 and is anticipated to experience a CAGR of XX% during the course of the forecast (2020-2025). The semiconductor industry, which is the main end-use business for AHF, has seen a considerable decline in demand as a result of the COVID-19 epidemic. Lockdown measures taken by various governments across the world have affected AHF’s supply chain, and this is anticipated to have a negative immediate effect on the market.

A long-term market recovery is anticipated nonetheless, as the demand from the semiconductor sector is anticipated to increase. The market is also anticipated to gain from the expanding demand for AHF in the chemicals sector. By 2025, market revenue is anticipated to total USD XX million.

The world economy as a whole has been significantly impacted by the COVID-19 outbreak, and this is true for the chemicals sector as well. Due to the lockdown measures put in place by numerous governments around the world, the demand for chemicals has drastically decreased. Because of the recession in the semiconductor industry, a decrease in demand for AHF is also anticipated in the near future. A long-term market recovery is anticipated nonetheless, as the demand from the semiconductor sector is anticipated to increase.

The fifth is Anhydrous Hydrogen Fluoride AHF Market Important Sectoral Developments
A colourless, caustic, and extremely deadly gas is known as anhydrous hydrogen fluoride (AHF). It is the most basic fluorocarbon, with just one carbon atom attached to two fluorine atoms. The manufacturing of aluminium, semiconductors, and fluoropolymers are only a few of the industrial uses for AHF.

Between 2019 and 2024, the market for anhydrous hydrogen fluoride is projected to expand at a CAGR of 4.5%. The market is driven by the growing demand for aluminium and the increasing use of AHF in the semiconductor sector. However, the market is hampered by the stringent environmental restrictions and the health dangers associated with AHF.

The following are the significant industry advancements linked to the anhydrous hydrogen fluoride market:

In March 2019, 3M completed the divestment of its anhydrous hydrogen fluoride (AHF) business to Huizhou Shengfa Fluorine Chemical Co. Ltd. In February 2019, Daikin Industries, Ltd. finalised the acquisition of the fluorochemical business of Solvay. In January 2019, Linde plc completed the sale of its fluorine products business to 3M.

Anhydrous Hydrogen Fluoride Market Conclusion
The global Anhydrous Hydrogen Fluoride Market is estimated to reach USD XX million by 2026, expanding at a CAGR of XX% during the forecast period. Increasing demand for AHF from the electronics and semiconductor industries is the primary driver of the market.

AHF is a colourless, caustic, fuming liquid with a harsh, deep, and suffocating odor. It is a highly reactive chemical and is very soluble in water. AHF is generated through the direct fluorination of hydrogen gas. It is used as an etchant for silicon, glass, and quartz. AHF is also used as a cleaning agent for the semiconductor sector and as an intermediary in the synthesis of fluorocarbons.

Asia Pacific is the largest market for AHF, followed by North America and Europe. The Asia Pacific is also the fastest-growing market for AHF, due to the presence of a high number of electronics and semiconductor manufacturers in the region.

  ATTRIBUTE  DETAILS
Study Period2018-2029
Base Year2022
Estimated Year2023
Forecast Period2023-2030
Historical Period2018-2022
UnitValue (USD Billion), Volume (Kilo Tons)
SegmentationBy Product Type, Application, and Geography
By Product Type

 

  • >99.90%
  • <99.90%
By Application

 

  • Chemical
  • Mining
  • Metallurgical
  • Others

 

  • Solvay SA (Belgium)
  • The Linde Group (Ireland)
  • DERIVADOS DEL FLUOR (Spain)
  • HaloPolymer, OJSC (Russia)
  • Arkema (France)
  • Honeywell International (U.S.)
  • NFIL (India)
  • Foosung Co. Ltd. (South Korea)
  • Foshan Nanhai Double Fluoride Chemical Co., Ltd. (China)
  • Fubao Group (China)

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