Ultra-High Purity Hydrofluoric Acid Market | Current and Future Demand, Analysis, Growth and Forecast By 2028

The ultra-high purity hydrofluoric acid business has seen tremendous potential owing to the proliferated growth projected by the ultra-high purity hydrofluoric acid market. The participants of the ultra-high purity hydrofluoric acid market are focusing on providing leading-edge solutions for fulfilling the chemical requirements of the customers. The ultra-high purity hydrofluoric acid market is further gaining traction owing to the reduced demand and supply gap.

Major market players such as Shaowu Huaxin Chemical Industry, Fujian Long Fluorine Chemical Company, and others being situated in China, the most promising region for the ultra-high purity hydrofluoric acid market, meeting the demands on time is all the more possible. With this scenario, the business expansion in the ultra-high purity hydrofluoric acid market has simplified for the market players.

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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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 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.

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

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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

Segmentation:

Based on grade, global Ultra-high purity hydrofluoric acid market is segmented into;

  • UP grade (metal impurity content < 10 ppb)
  • EL grade (Metal impurity content < 100 ppb)
  • GT grade (metal impurity content < 10 ppm)

Based on Application, global Ultra-high purity hydrofluoric acid market is segmented into;

  • Electronics
  • Semiconductor
  • PV panel
  • Others

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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.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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