In Q1 2025, the price of anhydrous hydrofluoric acid (AHF) in the U.S. remained high, primarily driven by increasing production costs and tight supply of key raw materials, particularly fluorite. The domestic fluorite industry continued to face challenges, including the gradual phase-out of older mines and difficulties in exploring new deposits. Strict U.S. regulations on mining, coupled with low inventories and raw material shortages, limited production capacity. Despite these challenges, AHF prices remained relatively stable throughout January and February, with a slight rebound in market activity post-holiday.

Get the latest insights on price movement and trend analysis of Anhydrous Hydrofluoric Acid in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Hydrofluoric acid prices rose from $1543/MT in Oct 2024 amid tight fluorite supply. Get 2025 forecasts and insights from Expert Market Research.

The market value of hydrofluoric acid was approximately 4.62 billion U.S. dollars worldwide in 2022. By 2030, the global market value of this compound is expected to grow considerably to some 6.1 billion U.S. dollars.

Explore the factors affecting hydrofluoric acid pricing, including grade, concentration, supplier, and regional dynamics, and discover current trends and future forecasts in industrial and laboratory markets.

Access global Hydrogen Fluoride prices in locations such as United States, China and Europe. Includes monthly historical series. Delivered via online charts, Excel, Power BI, and API. Free preview.

The global hydrofluoric acid market attained a volume of more than 2.16 Million Tons in 2024. The market is further expected to grow at a CAGR of 6.72% during the forecast period of 2025-2034 to reach over 4.14 Million Tons by 2034.

279 Global export shipment records of Hydrofluoric Acid with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

According to Cognitive Market Research, the global hydrofluoric acid market size is USD 3.4 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031. Market Dynamics of Hydrofluoric Acid Market

Key Drivers for Hydrofluoric Acid Market

Expanding Requirement for the Manufacturing Chemical Industry- The industry for hydrofluoric (HF) acid is expanding due to a growing need from chemical manufacturing sectors. A vital ingredient in the production of polymeric, including chlorine, is hydrofluoric acid. Many important fluorine compounds, notably a substance called poly (silicone), fluorocarbon compounds, and cooling agents like freon, are made with HF. Large quantities of artificial phosphate molecules can also be made with hydrofluoric acid. Therefore, the demand is being driven by the practical application of hydrofluoric acid in chemical processing. Thus, the demand for hydrofluoric acid is being driven by an increasing requirement from chemical-related sectors.
Hydrofluoric acid demand is rising due in part to the rising popularity of detergents in both private and public spaces.

Key Restraints for Hydrofluoric Acid Market

The stricter legislation controlling the care, preservation, and elimination of hydrofluoric acid provides one of the main obstacles.
The hefty price and accessibility of hydrofluoric acid are also hampering the market growth.

Introduction of the Hydrofluoric Acid Market

Hydrofluoric acid (HF) is a powerful artificial acid that finds application in numerous fields. It is mostly created when sulfurous acid and fluoride (calcium fluoride) mix. Because of its hazardous and caustic characteristics, HF must be handled and stored with caution. Numerous reasons, particularly the need for downstream industries, notably medicine, chemicals, electronic devices, and automobiles, propel the hydrofluoric acid industry. A further major factor propelling the hydrofluoric acid industry is the gasoline processing business. The Requirement for better, more effective fuel is met by using HF acid in chemical reaction procedures to make high-octane petrol. Because of this, hydrofluoric acid is still needed for oil refining, which fuels market expansion.

Statistics illustrates prices of hydrogen fluoride (hydrofluoric acid) in Martinique from 2007 to 2024.

The global hydrofluoric acid (HF) market, valued at $4,296 million in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 7.4% from 2025 to 2033. This expansion is fueled by several key factors. The semiconductor industry's increasing demand for advanced etching processes, crucial for the fabrication of microchips, is a significant driver. Similarly, the oil and gas sector's reliance on HF for alkylation processes in refinery operations contributes substantially to market growth. The growing adoption of HF in the glass industry for etching and cleaning processes further boosts demand. While the refrigerant industry's use of HF is declining due to environmental concerns, its presence in niche applications continues to support market volume. The market is segmented by type into Electronic Hydrofluoric Acid and Industrial Hydrofluoric Acid, with Electronic Hydrofluoric Acid commanding a higher price point due to its purity and stringent quality standards. Geographical distribution shows a concentration of market share in North America and Asia-Pacific regions, driven by the presence of major semiconductor and chemical manufacturing hubs. Despite the positive outlook, the market faces certain restraints. Stringent environmental regulations concerning HF's handling and disposal pose challenges for manufacturers and necessitate substantial investments in safety measures. Price volatility of raw materials and potential supply chain disruptions can also affect market stability. However, ongoing research and development efforts focused on improving HF production efficiency and exploring environmentally friendly alternatives could mitigate these limitations. Major players like Honeywell, DuPont, Solvay, and Arkema are key participants, competing through technological innovation, strategic partnerships, and geographical expansion to strengthen their market positions. The competitive landscape is further shaped by a number of significant regional players, particularly in Asia. Future market growth will likely be influenced by advancements in semiconductor technology, growth in the oil and gas industry, and evolving environmental regulations.

The Electronic Grade Hydrofluoric Acid Market size was valued at USD 0.34 USD Billion in 2023 and is projected to reach USD 0.59 USD Billion by 2032, exhibiting a CAGR of 8.1 % during the forecast period. EGHF is a well-defined pure chemical that is used in the electronics industry and mainly in the semiconductor industry. EGHF types include Very Large Scale Integration (VLSI) and Ultra Large Scale Integration (ULSI) grades due to the purity levels and specific uses. EHF for EKG lasers has novelties like extremely high filtration, extremely low particle count, and extremely low metallic inclusion that provides clean and exact etching and cleaning. EGHF has numerous uses which include the following, that is, in the production of semiconductor wafers, removal of oxide layers, and preparation of the surface in the manufacture of integrated circuits, liquid crystal display (LCD) as well as photovoltaic cells. This is very reactive and pure and thus, essential in meeting the high-quality demands present in the manufacturing of new-generation electronic apparatus. Key drivers for this market are: Increasing Demand for Surfactants to Propel Market Growth. Potential restraints include: Fluctuating Prices of Raw Materials to Hamper Growth.

Graph and download economic data for Producer Price Index by Commodity: Chemicals and Allied Products: Inorganic Acids, Including Hydrochloric, Sulfuric Acid, and Other (WPU0613020T) from Dec 2008 to May 2025 about inorganic, chemicals, commodities, PPI, inflation, price index, indexes, price, and USA.

The global liquid anhydrous hydrofluoric acid (AHF) market, valued at $6311.7 million in 2025, is poised for significant growth. While a precise CAGR isn't provided, considering the widespread applications of AHF in various industries and ongoing technological advancements, a conservative estimate of 4-6% CAGR from 2025 to 2033 appears reasonable. This growth is fueled by increasing demand from the chemical industry, particularly in the production of refrigerants and fluorochemicals, as well as from the mining and metallurgical sectors for ore processing. The pharmaceutical industry also contributes significantly, utilizing AHF in the synthesis of various pharmaceutical intermediates. Growth segments include higher purity AHF (≥99.99%, ≥99.90%, ≥99.70%), driven by stringent quality requirements in specific applications. However, market growth faces restraints such as the inherent toxicity and corrosive nature of AHF, necessitating stringent safety measures and specialized handling protocols, which can increase production costs. Furthermore, environmental regulations concerning AHF emissions and waste disposal pose challenges for manufacturers. Despite these constraints, the expanding applications across diverse industries are expected to offset these challenges and drive substantial market expansion over the forecast period. The market landscape is characterized by a mix of large multinational corporations and regional players. Key players like Honeywell, Solvay, and Mexichem hold significant market share, leveraging their established production capabilities and global distribution networks. However, smaller regional manufacturers also contribute significantly, particularly in regions with high demand, like Asia-Pacific. The geographical distribution of the market reflects a concentration in developed economies of North America and Europe, owing to their established chemical industries and stringent regulatory frameworks. However, growing industrialization in developing economies, especially in Asia-Pacific and the Middle East & Africa, is projected to drive future growth in these regions. Competition within the market is intensifying with a focus on innovation in production techniques to enhance efficiency, safety and reduce environmental impact.

Statistics illustrates prices of hydrogen fluoride (hydrofluoric acid) in Cyprus from 2007 to 2024.

Global Electronic Grade Hydrofluoric Acid market size is expected to reach $2.6 billion by 2029 at 7.3%, segmented as by ultra-pure grade, high-purity ultra-pure grade hydrofluoric acid, standard ultra-pure grade hydrofluoric acid

The global semiconductor grade hydrofluoric acid market is experiencing robust growth, driven by the expanding semiconductor industry and increasing demand for advanced electronic devices. While the exact market size in 2025 isn't provided, considering typical CAGR values for specialty chemicals in this sector (let's assume a conservative 6% for illustrative purposes), and estimating a 2019 market size based on available data from similar reports (around $1.5 Billion as a reasonable approximation), we can project a 2025 market size of approximately $2.2 Billion. This projection suggests a healthy growth trajectory, consistent with forecasts indicating continued expansion of the semiconductor manufacturing sector. Key drivers include the rising adoption of advanced semiconductor technologies like 5G, AI, and IoT, leading to increased demand for high-purity hydrofluoric acid in wafer cleaning and post-CMP processes. Technological advancements in hydrofluoric acid production, resulting in higher purity grades and enhanced efficiency, further contribute to market expansion. However, market growth faces certain challenges. Fluctuations in raw material prices and the stringent regulations surrounding the handling and disposal of hydrofluoric acid pose potential restraints. The market is segmented by application (wafer cleaning, post-CMP cleaning, others) and type (UP Grade, UP-S Grade, UP-SS Grade, EL Grade). The wafer cleaning segment holds the largest market share, reflecting the crucial role of hydrofluoric acid in semiconductor manufacturing. Key players, including Stella Chemifa Corp, Honeywell, Solvay, and others, compete based on product quality, pricing, and geographic reach. Regional markets are diverse, with North America and Asia Pacific currently dominating, fueled by significant semiconductor manufacturing hubs in these regions. Future growth will likely be influenced by geopolitical factors, technological breakthroughs, and investment in semiconductor production capacities globally. A continued strong CAGR is anticipated, fueled by the ongoing rise of sophisticated electronic devices and related technologies.

2315 Global import shipment records of Hydrofluoric Acid with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

High Purity Electronic Grade Hydrofluoric Acid Market Outlook

The global High Purity Electronic Grade Hydrofluoric Acid Market is projected to witness significant growth, with its market size anticipated to reach USD 1.2 billion by 2032, driven by increased demand in the electronics and semiconductor industries.

The primary driver of growth in the High Purity Electronic Grade Hydrofluoric Acid market is the burgeoning demand for semiconductors and electronic devices. With the advent of technologies like 5G, IoT, and AI, the semiconductor industry has seen exponential growth, necessitating the use of high purity electronic grade hydrofluoric acid for etching and cleaning silicon wafers. As these technologies become more widespread, the demand for semiconductors, and consequently high purity hydrofluoric acid, is expected to increase substantially. Additionally, the growing trend towards miniaturization of electronic components further drives the market, as smaller components require more precise and higher purity chemicals for manufacturing.

Another significant factor contributing to market growth is the increasing adoption of solar energy. High purity electronic grade hydrofluoric acid is essential in the production of solar cells, which are critical components of solar panels. As global efforts to combat climate change intensify, renewable energy sources like solar power are gaining traction, leading to a higher demand for solar cells. Government policies and incentives promoting renewable energy further bolster this market segment. Moreover, advancements in solar cell technology, with an emphasis on efficiency and cost-effectiveness, are likely to drive the demand for high purity hydrofluoric acid used in the manufacturing process.

The display panel industry is also a key growth driver for the high purity electronic grade hydrofluoric acid market. With the increasing popularity of high-resolution displays, such as OLED and AMOLED screens in smartphones, televisions, and other electronic devices, the need for high purity chemicals used in manufacturing these panels has risen. The market is further propelled by the continuous innovation in display technologies, which necessitates the use of high purity electronic grade hydrofluoric acid for precise etching and cleaning processes. The rising consumer demand for better display quality and energy-efficient devices ensures a steady growth trajectory for this market segment.

Electronic Grade Hydrogen Fluoride plays a pivotal role in the production of high purity electronic grade hydrofluoric acid, which is extensively used in the semiconductor industry. This compound is crucial for the etching and cleaning processes of silicon wafers, ensuring the precision and quality required for advanced semiconductor devices. As the demand for smaller and more powerful electronic components continues to rise, the importance of Electronic Grade Hydrogen Fluoride in achieving the necessary purity levels becomes even more pronounced. Its role in maintaining the integrity of electronic components highlights its significance in the broader context of technological advancements and miniaturization trends.

Regionally, the Asia Pacific dominates the global high purity electronic grade hydrofluoric acid market, accounting for a significant share of the global demand. This dominance is attributed to the presence of leading semiconductor and electronic device manufacturers in countries like China, Japan, South Korea, and Taiwan. The region's strong manufacturing base, coupled with government support for technological advancements, has made it a hub for electronic component production. Additionally, the rapid industrialization and urbanization in this region contribute to the growing demand for high purity chemicals, further driving the market growth.

Grade Analysis

The high purity electronic grade hydrofluoric acid market is segmented into various grades, including UP-S, UP, EL, and others. Each grade has distinct properties and applications, contributing differently to the market dynamics. The UP-S grade, known for its ultra-high purity, is extensively used in critical semiconductor manufacturing processes where contamination must be minimized. This segment is poised for robust growth due to the semiconductor industry's stringent quality requirements. The increasing complexity of semiconductor devices, along with the trend towards miniaturization, amplifies the demand for UP-S grade hydrofluor

97% CaF2 Fluorspar Market size was valued at USD 2,046.43 Million in 2023 and is projected to reach USD 2,658.34 Million by 2030, growing at a CAGR of 3.81% from 2024 to 2030.

Global 97% CaF2 Fluorspar Market Overview

Hydrofluoric acid finds extensive use in the chemical industry for synthesizing fluorine compounds like fluorides, fluorocarbons, and fluoropolymers. These compounds, namely Hydrofluorocarbons (HFCs) and hydrofluoric-olefins (HFOs), play pivotal roles in major refrigerants used worldwide. Moreover, hydrofluoric acid is instrumental in producing aluminum fluoride, an essential component in manufacturing aluminium-based products. The production of fluorocarbons holds a prominent position in the hydrofluoric acid market application segment. This acid is a crucial raw material for various fluorocarbon compounds, encompassing refrigerants, polymers, and fluorinated solvents. The demand for these derivatives primarily arises from applications in air conditioning, refrigeration, and electronics manufacturing sectors. These factors increase the demand for fluorspar, increasing the demand for 97% CaF2 Fluorspar in the market.

Moreover, the emergence of cutting-edge processing techniques to create high-density aluminium fluoride through flu-silicic acid is opening doors to lucrative prospects for market expansion. Furthermore, factors such as the rise of burgeoning economies, extensive utilization in aluminium can manufacturing, increased adoption in the cosmetics, pharmaceutical, and automotive sectors, escalating demand for lightweight vehicles, and enhancements in infrastructure are contributing significantly to the increased demand for this product, which leads to driving the market growth of 97% CaF2 Fluorspar Market. Furthermore, hydrofluoric acid manufacturing depends on the accessibility of raw materials like fluorspar and sulfuric acid. The variations in the supply and pricing of these raw materials can influence the cost and accessibility of hydrofluoric acid, presenting a challenge for both producers and consumers.