The Global Hydrofluoric Acid Market was valued at US$ 1030 Million in 2022 and is projected to reach US$ 1882.3 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 9.0% during the forecast period. This strong growth trajectory is being driven by rising demand from the semiconductor industry, increased consumption in refrigerant manufacturing, and the expanding applications in glass etching and fluorochemical production.

As global industries increasingly depend on high-purity chemicals for advanced manufacturing processes, the spotlight is on the key producers who are driving technological innovation, supply chain reliability, and environmental stewardship. In this blog, we profile the Top 10 Companies in the Hydrofluoric Acid Industry—a mix of multinational chemical corporations and regional specialists shaping the future of this essential industrial chemical.

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🔟 1. Honeywell International Inc.

Headquarters: Charlotte, North Carolina, USA
Key Offering: Electronic Grade Hydrofluoric Acid, Industrial Grade Hydrofluoric Acid

Honeywell is a global leader in high-purity hydrofluoric acid production, catering primarily to the semiconductor and electronics industries. Their advanced purification technologies ensure the ultra-high purity levels required for chip manufacturing and microelectronics processing.

Technology and Innovation Initiatives:

• Proprietary purification processes for electronic-grade HF

• Strategic partnerships with leading semiconductor manufacturers

• Investment in sustainable production technologies and recycling systems

Download FREE Sample Report: Hydrofluoric Acid Market – View in Detailed Research Report

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9️⃣ 2. Dupont (The Chemours Company)

Headquarters: Wilmington, Delaware, USA
Key Offering: High-Purity Hydrofluoric Acid, Refrigerant Grade HF

Operating through its performance chemicals division, Chemours (spun off from DuPont) is a major global producer of hydrofluoric acid. The company serves diverse industrial sectors including electronics, refrigeration, and aluminum production.

Technology and Innovation Initiatives:

• Leadership in fluorine chemistry and HF derivative products

• Focus on sustainable refrigerant solutions and emission reduction technologies

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8️⃣ 3. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Electronic Grade HF, Industrial Grade HF

Solvay is a prominent European producer of hydrofluoric acid with significant manufacturing capabilities across multiple continents. The company’s HF products are critical inputs for fluoropolymers, refrigerants, and aluminum smelting operations.

Technology and Innovation Initiatives:

• Advanced HF production facilities with integrated environmental controls

• Research into next-generation fluorine-based materials and applications

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7️⃣ 4. Arkema S.A.

Headquarters: Colombes, France
Key Offering: High-Purity Hydrofluoric Acid, Specialty Fluorine Compounds

Arkema maintains a strong position in the hydrofluoric acid market, particularly in Europe and Asia. Their production supports a wide range of downstream industries from pharmaceuticals to automotive manufacturing.

Technology and Innovation Initiatives:

• Development of eco-efficient HF production processes

• Expansion of electronic-grade HF capacity to meet semiconductor industry demand.

Download FREE Sample Report: Hydrofluoric Acid Market – View in Detailed Research Report

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6️⃣ 5. Dakin Industrial Co., Ltd.

Headquarters: Wuxi, Jiangsu, China
Key Offering: Industrial Grade Hydrofluoric Acid, Refrigerant Precursors

Dakin is one of China’s leading hydrofluoric acid manufacturers with substantial production scale and regional market presence across Asia.

Technology and Innovation Initiatives:

• Major supplier to domestic Chinese and international markets

• Strategic focus on cost-efficient production and supply chain optimization

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5️⃣ 6. Shandong Dongyue Group Co., Ltd.

Headquarters: Zibo, Shandong, China
Key Offering: Electronic Grade HF, Industrial Grade HF

Shandong Dongyue has emerged as a significant player in the global HF market, leveraging China’s abundant fluorite resources.

Technology and Innovation Initiatives:

• Vertically integrated production from fluorite mining to HF manufacturing

• Investments in R&D for advanced fluorine-based materials and applications.

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4️⃣ 7. Zhejiang Juhua Co., Ltd.

Headquarters: Quzhou, Zhejiang, China
Key Offering: High-Purity Hydrofluoric Acid, Fluoropolymer Intermediates

Juhua is among China’s largest producers of hydrofluoric acid, serving both domestic consumption and export markets with competitive pricing and reliable supply.

Technology and Innovation Initiatives:

• Expansion of electronic-grade HF production capabilities

• Implementation of advanced safety and environmental protection systems in HF production.

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3️⃣ 8. Yingpeng Chemical Co., Ltd.

Headquarters: Quzhou, Zhejiang, China
Key Offering: Industrial Grade Hydrofluoric Acid, Refrigerant Manufacturing

Yingpeng Chemical has established itself as a reliable supplier in the Asian hydrofluoric acid market with growing international presence.

Technology and Innovation Initiatives:

• Continuous improvement in production efficiency and cost optimization

• Focus on quality control and meeting international standards for industrial chemicals.

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2️⃣ 9. Zhejiang Sanmei Chemical Industry Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: Electronic Grade HF, High-Purity Hydrofluoric Acid

Sanmei Chemical specializes in high-purity hydrofluoric acid production for the electronics and semiconductor industries with specialized purification technologies.

Technology and Innovation Initiatives:

• Development of proprietary purification processes for semiconductor applications

• Strategic positioning to serve China’s growing electronics manufacturing sector.

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1️⃣ 10. Fujian Yongfei Chemical Co., Ltd.

Headquarters: Nanping, Fujian, China
Key Offering: Industrial Grade Hydrofluoric Acid, Fluorochemical Intermediates

Fujian Yongfei has built a strong reputation as a quality-focused producer of hydrofluoric acid with expanding market reach across Southeast Asia.

Technology and Innovation Initiatives:

• Investment in production capacity expansion and technological upgrades

• Focus on meeting the specific requirements of refrigerant and aluminum industry customers.

Get Full Report Here: Hydrofluoric Acid Market – View in Detailed Research Report

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🌍 Outlook: The Future of Hydrofluoric Acid Is High-Purity and Application-Specific

The hydrofluoric acid market is experiencing a fundamental transformation driven by technological demands. While industrial-grade HF continues to dominate in volume terms, the industry is seeing significant investments in ultra-high purity products, advanced production technologies, and specialized formulations for specific industrial applications.

📈 Key Trends Shaping the Market:

• Accelerated demand for electronic-grade HF from semiconductor fabrication facilities

• Stringent environmental regulations driving innovation in emissions control and waste management

• Regional capacity expansions in China and Southeast Asia to meet growing industrial demand

• Diversification into high-value fluorine-based specialty chemicals and advanced materials

Get Full Report Here: Hydrofluoric Acid Market – View in Detailed Research Report

The companies listed above are not only supplying critical industrial chemicals—they’re driving the technological advancement of multiple global industries.