The global hydrogen fluoride market size was valued at USD 3.0 billion in 2021 and is poised to grow at a significant CAGR of 5.1% during the forecast period 2022-28. The global hydrogen fluoride market is projected to grow due to increasing consumer demand for products made with hydrogen fluoride and a booming mining sector worldwide. In addition, the introduction of hydrochlorofluorocarbons (HFO) has been noted as a critical development that will probably positively affect the worldwide hydrogen fluoride market shortly. The market is anticipated to grow as HFO is increasingly used as a foam blowing agent in the manufacture of polyurethane and polystyrene, as well as in cold storage facilities and home walls.

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Automotive Segment to Dominate the Hydrogen Fluoride Market
The automotive segment is expected to account for a larger revenue share in the global hydrogen fluoride market, with a value share worldwide. It is projected to grow at a 5.4% CAGR between 2022 and 2028. The worldwide hydrogen fluoride market expands the variety of insulating foam applications in diverse industries, including construction, automotive, and consumer durables. The rising usage of aluminum in the automotive sector is also contributing to the expansion of the hydrogen fluoride market on a global scale. This is a result of manufacturing aluminum fluoride using hydrogen fluoride as a primary raw material. However, a significant element driving expansion in the worldwide hydrogen fluoride market is the rapidly increasing automotive industry on a global scale.

The global hydrogen fluoride market segmentation:

  • By Type: Gas Hydrogen Fluoride, and Liquid Hydrogen Fluoride
  • By Applications: Chemical Industry, Mining and Metallurgical, Pharmaceuticals, Refrigerants, Oil refinery, Aluminum, Semiconductor, and Others

Africa Hydrogen Fluoride Market
The Africa market is expected to increase in the global hydrogen fluoride market over the forecast period. It is projected to grow at a CAGR of 5.5% in the coming years. The primary end-use industries for hydrofluoric acid in South Africa are mining, stainless steel, industrial chemical, and petroleum alkylation. Various petroleum refinery facilities in South Africa use a catalytic process for motor fuel alkylation that uses hydrofluoric acid or sulfuric acid. Enhancing the fuel's characteristics through alkylation enables high octane and low emissions. Uranium is transformed using hydrogen fluoride. In South Africa, uranium conversion facilities use hydrogen fluoride to complete the conversion. As a result, the market for hydrogen fluoride in South Africa is supported by rising demand from various end-use industries.

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The Key players in the hydrogen fluoride market report are Solvay, Honeywell, Mexichem, YingPeng Chemicals, Dongyue Group, Do-Fluoride Chemicals, DUPONT, Arkema, LANXESS, and Sinochem Lantian.

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