Ultra-high purity hydrofluoric acid Market 2022 | Present Scenario and Growth Prospects 2028

The semiconductor industry has boosted the demand for ultra-high purity hydrofluoric acid since there has been a growth in the semiconductor demand. Key players such as Stella Chemifa Corporation of the ultra-high purity hydrofluoric acid market are providing solutions such as ultra-high purity hydrofluoric acid and ultra-high purity buffered hydrogen fluoride to the market players of the semiconductor industry for their set of applications as chemical agents, thereby boosting the sales of ultra-high purity hydrofluoric acid.

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Ultra-high purity hydrofluoric acid: Introduction

Hydrofluoric acid (HF; molecular Wt. 20), is a colorless, pungent odor inorganic chemical compound. Hydrofluoric acid is toxic and extremely corrosive in nature. Owing to that, hydrofluoric acid can attack to silicates and glass that leads to form gaseous silicon tetra fluoride.  Also, Hydrofluoric acid can react with metals, metal oxides and hydroxides in order to produce salt compounds. Moreover, this compound is soluble in water, alcohol, and an insoluble in other organic solvents. Ultra-high purity hydrofluoric acid is a strong acidic compound that act as a cleaning and corrosive agent.  Ultra-high purity hydrofluoric acid that can be used in combination with other acidic compounds such as glacial acetic acid, hydrogen peroxide, nitric acid, and ammonium hydroxide, among other. It can also be used as an analytical reagent and as chemical intermediate for production of high purity fluorine chemicals

The Ultra-high purity hydrofluoric acid is manufactured by pretreatment of anhydrous hydrofluoric acid, followed by processing it through rectification tower i.e. distillation column to get HF gas. This obtained hydrogen fluoride gas is cooled and passed to the absorption tower to get Ultra-high purity hydrofluoric acid.  Water absorption is mainly preferred to get Ultra-high purity hydrofluoric acid. The purity and yield through absorption tower is managed by controlling spray density, and gas-liquid ratio, among other factors. Owing to strong corrosive nature of Ultra-high purity hydrofluoric acid, equipment made or lined with PTFE resistance material, gold, and platinum, among other precious material are required. This in turn resulted into high capital expenditure owing to which limited player are engaged in the manufacturing of Ultra-high purity hydrofluoric acid across the globe.

The ultra-high purity hydrofluoric acid is used as an etching and cleaning agent photovoltaic cell manufacturing, integrated circuit (IC), VLSI Chip manufacturing, and glass thinning (LED devices), among other industrial application. In the photovoltaic industry, ultra-high purity hydrofluoric acid for wafer surface cleaning and etching.

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Ultra-high purity hydrofluoric acid: Market Dynamics

Across the globe, the governments of developed and developing countries are emphasizing on development of solar energy infrastructure on mass commercial scale. For the same, governments are continuously investing in expansion of existing and new project to increase the solar energy production owing to which demand for PV panel is increased across the globe. This increasing demand for PV panel is major driving factor for the growth of ultra-high purity hydrofluoric acid market. Moreover, significant growth of electronic and semiconductor industry will in turn help to drive the ultra-high purity hydrofluoric acid market. Apart from this, high capital investment and high cost relative to other cleaning solvents that may hamper the growth of ultra-high purity hydrofluoric acid market

Regional Outlook:

Over the recent past, the gradual shift of the world’s electronics and semiconductor manufacturing industry toward China, the demand for ultra-high purity hydrofluoric acid has been increased. It is expected that China ultra-high purity hydrofluoric acid market will register healthy growth over the forecast period. Meanwhile, the industrial production of anhydrous hydrofluoric acid in China has ensured availability of raw material with low cost that in turn provide impetus for the growth of ultra-high purity hydrofluoric acid market. Moreover, Japan followed by South Korea are the major market for ultra-high purity hydrofluoric acid and are expected to register steady growth over the forecast period

Key player:

Examples of some of the market participants in the global Ultra-high purity hydrofluoric acid market identified across the value chain include:

• Stella Chemifa Corporation
• Solvay SA
• Fujian Long Fluorine Chemical Co., Ltd.
• ANALYTIKA, spol. s r.o.
• Xuancheng Hengtai Electronic Chemical Materials Co., Ltd.
• Shaowu Huaxin Chemical Industry Co., Ltd
• Merck KGaA, among other

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Segmentation: