PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1697397
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1697397
The anhydrous hydrogen fluoride market is expected to grow at a CAGR of 5.14%, reaching a market size of US$1.634 billion in 2030 from US$1.272 billion in 2025
Anhydrous hydrogen fluoride (AHF) is a colorless, corrosive liquid or gas that serves as a fundamental chemical in the production of fluorine-based compounds, including refrigerants and plastics. Its hazardous nature poses risks of severe burns from skin contact or inhalation. To safeguard both human health and the environment from its harmful effects, it is essential to adhere to proper handling, storage, and safety protocols.
The refrigeration industry's shift towards more environmentally friendly alternatives has significantly increased the demand for AHF. This compound plays a vital role in the production of hydrofluorocarbons (HFCs) and hydrofluoroolefins (HFOs), which are commonly used as working fluids in air-conditioning and cooling systems. Consequently, companies are ramping up investments in HFC and HFO technologies. This trend aligns with global initiatives aimed at reducing greenhouse gas emissions, highlighting AHF's importance in developing sustainable cooling solutions.
According to the American Chemistry Council, global chemical production is projected to grow by 3.5% in 2024, fueled by growth in the Asia/Pacific region, the former Soviet Union, and Africa/Middle East. Europe has rebounded from a downturn in 2023, while Latin America faces contraction due to inflation and structural issues. Continuous growth of 3.1% is anticipated for 2025.
Growth Drivers for the Anhydrous Hydrogen Fluoride Market
The growth of the aluminum industry is a key driver for the anhydrous hydrogen fluoride market. AHF is crucial for producing aluminum fluoride, which is necessary for aluminum manufacturing via electrolysis. The rising demand for aluminum from major end-users is expected to spur ongoing market growth, as AHF supports global industrial advancement and the transition toward sustainable, lightweight materials.
In FY 2024-25 (April), India's primary aluminum production increased by 1.2%, reaching 10.43 lakh tons compared to 10.28 lakh tons in the previous fiscal year (2023-24). With strong demand from sectors such as energy, infrastructure, construction, automotive, and machinery, India ranks as one of the largest aluminum producers globally, second only to China. Coordinating activities between aluminum production and anhydrous hydrogen fluoride manufacturing is essential for sustaining this growth trajectory.
The increasing application of fluorinated chemicals is propelling growth in the anhydrous hydrogen fluoride market. AHF is a critical fluorine compound used in synthetic processes to create fluorinated chemicals for pharmaceuticals, agrochemicals, and specialty chemicals essential for medicine production, crop protection solutions, and advanced materials. The growing demand across healthcare, agriculture, and various industries has led to a consistent rise in AHF requirements.
According to IBEF, India's agrochemicals market is expected to grow by 9%, increasing from $10.3 billion to $14.5 billion by FY28. Exports have risen by 14%, with a CAGR of $5.435 million; herbicides represent the leading category with an impressive CAGR of up to 23%, reflecting a growth in export share from 31% to 41%.
Geographic Outlook for the Anhydrous Hydrogen Fluoride Market
North America is projected to be the fastest-growing region during the forecast period. Countries such as the U.S., Canada, and Mexico are major consumers of AHF, primarily for refrigerant and aluminum production. Stricter environmental regulations in these regions are driving demand for more sustainable and eco-friendly refrigerants, further increasing AHF utilization.
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