U.S. Anhydrous Hydrogen Fluoride Market Size, Share & Trends Analysis Report By Application (Fluoropolymers, Fluorogases, Pesticides), By Region, And Segment Forecasts, 2022 - 2030
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U.S. Anhydrous Hydrogen Fluoride Market Growth & Trends
The U.S. anhydrous hydrogen fluoride market size is expected to reach USD 958.37 million by 2030, as per the new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.9% from 2022 to 2030. The growth is majorly driven by increasing demand for fluorogases and fluorochemicals owing to the growing trade of consumer goods such as electronics like a refrigerator where the fluorogases are used as refrigerant gases which is expected to shape the future outlook of the product market.
The demand from industrial applications is expected to be the major contributor driven by positive steady growth in disposable incomes as fluorogases and fluorochemicals are used in a majority of consumer goods. Growth in the fluorogases is expected to remain high as these gases are used in a wide range of industrial applications including commercial refrigeration, air-conditioning systems, and industrial refrigeration.
Anhydrous hydrogen fluoride is witnessing a surged demand from the chemicals industry in the U.S. as it is a primary building block in the production of several fluorine-containing chemicals. Anhydrous hydrogen fluoride is used for manufacturing fluorochemicals, fluoropolymers, surfactants, etc. These chemicals produced are widely used in automobiles and household utensils, among other applications.
The growth of the anhydrous hydrogen fluoride market in the U.S. is supported by a significant rise in fluorochemical production in the country owing to the easy and adequate availability of raw materials such as fluorite. Thus, manufacturers of anhydrous hydrogen fluoride are shifting and expanding their production units to the U.S.
The surging demand for electronic goods such as refrigerators and air conditioners from the U.S. is fueling the growth of the anhydrous hydrogen fluoride market in the country. The key players operating in the market are involved in extensive research and development activities for offering highly efficient products to maintain their position in the market.
U.S. Anhydrous Hydrogen Fluoride Market Report Highlights
U.S. Anhydrous Hydrogen Fluoride Market Growth & Trends
The U.S. anhydrous hydrogen fluoride market size is expected to reach USD 958.37 million by 2030, as per the new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 4.9% from 2022 to 2030. The growth is majorly driven by increasing demand for fluorogases and fluorochemicals owing to the growing trade of consumer goods such as electronics like a refrigerator where the fluorogases are used as refrigerant gases which is expected to shape the future outlook of the product market.
The demand from industrial applications is expected to be the major contributor driven by positive steady growth in disposable incomes as fluorogases and fluorochemicals are used in a majority of consumer goods. Growth in the fluorogases is expected to remain high as these gases are used in a wide range of industrial applications including commercial refrigeration, air-conditioning systems, and industrial refrigeration.
Anhydrous hydrogen fluoride is witnessing a surged demand from the chemicals industry in the U.S. as it is a primary building block in the production of several fluorine-containing chemicals. Anhydrous hydrogen fluoride is used for manufacturing fluorochemicals, fluoropolymers, surfactants, etc. These chemicals produced are widely used in automobiles and household utensils, among other applications.
The growth of the anhydrous hydrogen fluoride market in the U.S. is supported by a significant rise in fluorochemical production in the country owing to the easy and adequate availability of raw materials such as fluorite. Thus, manufacturers of anhydrous hydrogen fluoride are shifting and expanding their production units to the U.S.
The surging demand for electronic goods such as refrigerators and air conditioners from the U.S. is fueling the growth of the anhydrous hydrogen fluoride market in the country. The key players operating in the market are involved in extensive research and development activities for offering highly efficient products to maintain their position in the market.
U.S. Anhydrous Hydrogen Fluoride Market Report Highlights
- Fluorogases application witnessed the highest CAGR of 5.0% over the forecast period, owing to its ability owing to their usage in a wide range of applications in end-use industries like electronics and consumer goods
- These gases are used in a wide range of industrial applications such as commercial refrigeration, industrial refrigeration, air-conditioning systems, heat pump equipment, blowing agents for foams, aerosol propellants, and solvents
- Southwest U.S. is expected to witness the highest CAGR of 5.3% over the forecast period, on the account of the large presence of manufacturers & end-users in the region and the flourishing chemical industry in the region
- In Southwest, Texas accounts for the largest production of anhydrous hydrogen fluoride owing to the presence of a well-established chemicals industry and the enhanced production capacities of leading players such as Solvay S.A. in the region
CHAPTER 1 METHODOLOGY AND SCOPE
1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Information Procurement
1.3.1 Information Analysis
1.3.2 Market Formulation & Data Visualization
1.3.3 Data Validation & Publishing
1.4 Research Scope and Assumptions
1.4.1 List of Data Sources
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Market Snapshot
2.2 Segment Snapshot
2.3 Competitive Landscape Snapshot
CHAPTER 3 MARKET VARIABLES, TRENDS & SCOPE
3.1 Market Lineage Outlook
3.1.1 U.S. Anhydrous Hydrogen Fluoride Industry outlook
3.1.2 Outlook On End-Use Industries
3.2 Penetration & Growth Prospect Mapping, 2018 - 2030
3.3 Industry Value Chain Analysis
3.3.1 Raw Material Trends
3.3.2 Manufacturing & Technology Trends
3.3.3 Distribution Channel Analysis
3.4 Regulatory & Policy Landscape
3.5 Price Trend Analysis, 2018 - 2030
3.6 Impact of COVID-19
3.7 Market Dynamics
3.7.1 Market Driver Analysis
3.7.1.1 Increasing Usage of anhydrous Hydrogen fluoride in chemicals industry
3.7.1.2 Growing demand for Consumer Goods in U.S.
3.7.2 Market Restraint Analysis
3.7.2.1 Increasing Environmental Concerns In U.S.
3.7.3 Industry Challenges
3.7.4 Market Opportunity Analysis
3.8 Industry Analysis Tools
3.8.1 Porter’s Analysis
3.8.2 PESTLE Analysis
CHAPTER 4 U.S. ANHYDROUS HYDROGEN FLUORIDE MARKET: SUPPLIER PORTFOLIO ANALYSIS
4.1 Raw Material Procurement Analysis
4.2 List of Key Raw Material Suppliers
4.3 Portfolio Analysis
4.4 Engagement Model
4.5 Negotiation Strategies
4.5.1 Risk Mitigation By Decreasing Dependency On One Supplier
4.5.2 Continuous Tracking of Raw Material Prices
4.6 Sourcing Best Practices
CHAPTER 5 U.S. ANHYDROUS HYDROGEN FLUORIDE MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
5.1 Application Movement Analysis & Market Share, 2021 & 2030 (Kilotons) (USD Million)
5.2 U.S. Anhydrous Hydrogen Fluoride Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
5.2.1 Fluorogases
5.2.1.1 Fluoropolymers
5.2.1.2 Pesticides
5.2.1.3 Others
CHAPTER 6 U.S. ANHYDROUS HYDROGEN FLUORIDE MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
6.1 Regional Movement Analysis & Market Revenue Share, 2021 & 2030 (Kilotons) (USD Million)
6.2 U.S. Anhydrous Hydrogen Fluoride Market Size, Forecasts, and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
6.2.1 U.S.
6.2.1.1 Southwest
6.2.1.2 West
6.2.1.3 Southeast
6.2.1.4 Midwest
CHAPTER 7 U.S. ANHYDROUS HYDROGEN FLUORIDE MARKET - COMPETITIVE ANALYSIS
7.1 Recent Developments by Key Market Participants
7.2 Company Market Positioning
7.3 List of Key Vendors
7.3.1 List of key Potential End-Users
7.4 Strategic Framework
CHAPTER 8 COMPANY PROFILES
8.1 Honeywell International Inc.
8.1.1 Company Overview
8.1.2 Financial Performance
8.1.3 Product Benchmarking
8.2 Solvay
8.2.1 Company Overview
8.2.2 Financial Performance
8.2.3 Product Benchmark
8.3 Linde plc
8.3.1 Company Overview
8.3.2 Financial Performance
8.3.3 Product Benchmark
8.4 Arkema
8.4.1 Company Overview
8.4.2 Financial Performance
8.4.3 Product Benchmarking
8.4.4 Stratagic Initiatives
8.5 LANXESS
8.5.1 Company Overview
8.5.2 Financial Performance
8.5.3 Product Benchmarking
1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Information Procurement
1.3.1 Information Analysis
1.3.2 Market Formulation & Data Visualization
1.3.3 Data Validation & Publishing
1.4 Research Scope and Assumptions
1.4.1 List of Data Sources
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Market Snapshot
2.2 Segment Snapshot
2.3 Competitive Landscape Snapshot
CHAPTER 3 MARKET VARIABLES, TRENDS & SCOPE
3.1 Market Lineage Outlook
3.1.1 U.S. Anhydrous Hydrogen Fluoride Industry outlook
3.1.2 Outlook On End-Use Industries
3.2 Penetration & Growth Prospect Mapping, 2018 - 2030
3.3 Industry Value Chain Analysis
3.3.1 Raw Material Trends
3.3.2 Manufacturing & Technology Trends
3.3.3 Distribution Channel Analysis
3.4 Regulatory & Policy Landscape
3.5 Price Trend Analysis, 2018 - 2030
3.6 Impact of COVID-19
3.7 Market Dynamics
3.7.1 Market Driver Analysis
3.7.1.1 Increasing Usage of anhydrous Hydrogen fluoride in chemicals industry
3.7.1.2 Growing demand for Consumer Goods in U.S.
3.7.2 Market Restraint Analysis
3.7.2.1 Increasing Environmental Concerns In U.S.
3.7.3 Industry Challenges
3.7.4 Market Opportunity Analysis
3.8 Industry Analysis Tools
3.8.1 Porter’s Analysis
3.8.2 PESTLE Analysis
CHAPTER 4 U.S. ANHYDROUS HYDROGEN FLUORIDE MARKET: SUPPLIER PORTFOLIO ANALYSIS
4.1 Raw Material Procurement Analysis
4.2 List of Key Raw Material Suppliers
4.3 Portfolio Analysis
4.4 Engagement Model
4.5 Negotiation Strategies
4.5.1 Risk Mitigation By Decreasing Dependency On One Supplier
4.5.2 Continuous Tracking of Raw Material Prices
4.6 Sourcing Best Practices
CHAPTER 5 U.S. ANHYDROUS HYDROGEN FLUORIDE MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
5.1 Application Movement Analysis & Market Share, 2021 & 2030 (Kilotons) (USD Million)
5.2 U.S. Anhydrous Hydrogen Fluoride Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
5.2.1 Fluorogases
5.2.1.1 Fluoropolymers
5.2.1.2 Pesticides
5.2.1.3 Others
CHAPTER 6 U.S. ANHYDROUS HYDROGEN FLUORIDE MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
6.1 Regional Movement Analysis & Market Revenue Share, 2021 & 2030 (Kilotons) (USD Million)
6.2 U.S. Anhydrous Hydrogen Fluoride Market Size, Forecasts, and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
6.2.1 U.S.
6.2.1.1 Southwest
6.2.1.2 West
6.2.1.3 Southeast
6.2.1.4 Midwest
CHAPTER 7 U.S. ANHYDROUS HYDROGEN FLUORIDE MARKET - COMPETITIVE ANALYSIS
7.1 Recent Developments by Key Market Participants
7.2 Company Market Positioning
7.3 List of Key Vendors
7.3.1 List of key Potential End-Users
7.4 Strategic Framework
CHAPTER 8 COMPANY PROFILES
8.1 Honeywell International Inc.
8.1.1 Company Overview
8.1.2 Financial Performance
8.1.3 Product Benchmarking
8.2 Solvay
8.2.1 Company Overview
8.2.2 Financial Performance
8.2.3 Product Benchmark
8.3 Linde plc
8.3.1 Company Overview
8.3.2 Financial Performance
8.3.3 Product Benchmark
8.4 Arkema
8.4.1 Company Overview
8.4.2 Financial Performance
8.4.3 Product Benchmarking
8.4.4 Stratagic Initiatives
8.5 LANXESS
8.5.1 Company Overview
8.5.2 Financial Performance
8.5.3 Product Benchmarking
LIST OF TABLES
Table 1 PESTLE Analysis
Table 2 List of Key Raw Material Suppliers
Table 3 U.S. Anhydrous Hydrogen Fluoride Market Revenue Estimates and Forecast, By Application, 2018 - 2030 (Kilo Tons)
Table 4 U.S. Anhydrous Hydrogen Fluoride Market Revenue Estimates and Forecast, By Application, 2018-2030 (USD Million)
Table 5 U.S. Anhydrous Hydrogen Fluoride Market Revenue Estimates and Forecast, By Region, 2018 - 2030 (Kilo Tons)
Table 6 U.S. Anhydrous Hydrogen Fluoride Market Revenue Estimates and Forecast, By Region, 2018-2030 (USD Million)
Table 7 Developments by Key Market Participants
Table 8 List of Key Potential End-User
Table 1 PESTLE Analysis
Table 2 List of Key Raw Material Suppliers
Table 3 U.S. Anhydrous Hydrogen Fluoride Market Revenue Estimates and Forecast, By Application, 2018 - 2030 (Kilo Tons)
Table 4 U.S. Anhydrous Hydrogen Fluoride Market Revenue Estimates and Forecast, By Application, 2018-2030 (USD Million)
Table 5 U.S. Anhydrous Hydrogen Fluoride Market Revenue Estimates and Forecast, By Region, 2018 - 2030 (Kilo Tons)
Table 6 U.S. Anhydrous Hydrogen Fluoride Market Revenue Estimates and Forecast, By Region, 2018-2030 (USD Million)
Table 7 Developments by Key Market Participants
Table 8 List of Key Potential End-User
LIST OF FIGURES
Fig. 1 U.S. Anhydrous Hydrogen Fluoride Market Segmentation
Fig. 2 Information Procurement
Fig. 3 Data Analysis Models
Fig. 4 Market Formulation And Validation
Fig. 5 Data Validating & Publishing
Fig. 6 Market Snapshot
Fig. 7 Segment Snapshot
Fig. 8 Competitive Landscape Snapshot
Fig. 9 U.S. Anhydrous Hydrogen Fluoride Market Volume and Revenue, (2018 - 2030) (Kilotons)(USD Million)
Fig. 10 U.S. Anhydrous Hydrogen Fluoride Market Value Chain Analysis
Fig. 11 Price Trend Analysis, 2018 - 2030 (USD/Ton)
Fig. 12 U.S. Anhydrous Hydrogen Fluoride - Market Dynamics
Fig. 14 Anhydrous Hydrogen Fluoride Market: PESTEL Analysis
Fig. 15 Application Movement Analysis & Market Revenue Share, 2021 & 2030 (%)
Fig. 16 Regional Movement Analysis & Market Revenue Share, By Region, 2021 & 2030 (%)
Fig. 17 Company Market Positioning, 2021
Fig. 18 U.S. Anhydrous Hydrogen Fluoride– Strategic Framework
Fig. 1 U.S. Anhydrous Hydrogen Fluoride Market Segmentation
Fig. 2 Information Procurement
Fig. 3 Data Analysis Models
Fig. 4 Market Formulation And Validation
Fig. 5 Data Validating & Publishing
Fig. 6 Market Snapshot
Fig. 7 Segment Snapshot
Fig. 8 Competitive Landscape Snapshot
Fig. 9 U.S. Anhydrous Hydrogen Fluoride Market Volume and Revenue, (2018 - 2030) (Kilotons)(USD Million)
Fig. 10 U.S. Anhydrous Hydrogen Fluoride Market Value Chain Analysis
Fig. 11 Price Trend Analysis, 2018 - 2030 (USD/Ton)
Fig. 12 U.S. Anhydrous Hydrogen Fluoride - Market Dynamics
Fig. 14 Anhydrous Hydrogen Fluoride Market: PESTEL Analysis
Fig. 15 Application Movement Analysis & Market Revenue Share, 2021 & 2030 (%)
Fig. 16 Regional Movement Analysis & Market Revenue Share, By Region, 2021 & 2030 (%)
Fig. 17 Company Market Positioning, 2021
Fig. 18 U.S. Anhydrous Hydrogen Fluoride– Strategic Framework
