Top 10 Companies in the Hydro Fluoric Acid Industry (2026): Market Leaders Powering Global Electronics and Chemical Production

In Business Insights
January 20, 2026


The Global Hydro Fluoric Acid Market was valued at USD 4.38 Billion in 2024 and is projected to reach USD 6.69 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period (2025–2032). This growth is being driven by escalating demand from the semiconductor and solar energy industries, expansion of fluorochemical production, and the critical role of high-purity grades in advanced manufacturing processes.

As industries worldwide push for technological advancement and cleaner energy solutions, the spotlight turns to the key chemical producers who are ensuring the supply of this essential, highly specialized acid. In this blog, we profile the Top 10 Companies in the Hydro Fluoric Acid Industry—a mix of global chemical giants, regional specialists, and technology innovators shaping the future of electronics, chemicals, and industrial manufacturing.


🔟 1. Stella Chemifa Corporation

Headquarters: Osaka, Japan
Key Offering: Ultra High-Purity EL Grade, UP-S Grade, UP-SS Grade Hydrofluoric Acid

Stella Chemifa is a global leader in high-purity hydrofluoric acid, renowned for its superior quality products essential for semiconductor and display manufacturing. The company specializes in electronic-grade (EL) HF with impurity levels measured in parts per billion, making it a critical supplier to leading chipmakers worldwide. Their advanced purification technologies and stringent quality control set the industry standard.

Innovation & Expansion Initiatives:

  • Pioneering ultra-high purity HF for sub-5nm semiconductor nodes

  • Strategic capacity expansions in Japan and Southeast Asia

  • Investment in closed-loop recycling systems to minimize environmental impact

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Hydro Fluoric Acid Market – View in Detailed Research Report


9️⃣ 2. Honeywell International Inc.

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

Honeywell is a major global supplier of hydrofluoric acid, serving diverse markets from electronics to petroleum refining. The company’s advanced production facilities in the United States and Europe adhere to the highest safety and environmental standards. Honeywell’s electronic-grade HF is critical for wafer etching and cleaning in the semiconductor industry.

Innovation & Expansion Initiatives:

  • Development of low-global-warming-potential alternatives for fluorocarbon production

  • Enhanced safety protocols and handling solutions for industrial customers


8️⃣ 3. Solvay SA (Zhejiang Lansol)

Headquarters: Brussels, Belgium (Operations in China via Zhejiang Lansol)
Key Offering: High-Purity HF, UP Grade, Specialty Fluorochemicals

Solvay, through its joint venture Zhejiang Lansol, is a dominant force in the Asian hydrofluoric acid market. The company leverages China’s strategic position in the global supply chain to serve the booming electronics and solar industries. Solvay’s integrated approach from fluorite mining to high-value HF production ensures supply chain resilience.

Innovation & Expansion Initiatives:

  • Vertical integration with fluorite mining operations

  • Focus on sustainable production technologies and waste minimization


7️⃣ 4. Morita Chemical Industries

Headquarters: Osaka, Japan
Key Offering: Electronic Grade HF, Battery Grade HF, Reagent Grade

Morita Chemical is a specialist in high-purity chemicals, with hydrofluoric acid being a cornerstone of its product portfolio. The company has carved a niche in supplying ultra-pure HF for the most demanding semiconductor applications, including advanced memory and logic chips. Their rigorous quality control ensures consistent performance for critical manufacturing processes.

Innovation & Expansion Initiatives:

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

  • Development of specialty HF formulations for lithium-ion battery production


6️⃣ 5. Do-Fluoride Chemicals Co., Ltd.

Headquarters: Jiaozuo, Henan, China
Key Offering: Industrial Grade HF, Electronic Grade, Anhydrous HF

Do-Fluoride Chemicals is one of China’s largest producers of hydrofluoric acid and fluoride compounds. The company benefits from proximity to China’s substantial fluorite resources and growing domestic demand from electronics and renewable energy sectors. Their scale and integrated operations make them a key player in the global HF market.

Innovation & Expansion Initiatives:

  • Significant capacity additions to capture growing Asian market share

  • Investment in environmental protection and emission control technologies

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


5️⃣ 6. Dongyue Group Limited

Headquarters: Zibo, Shandong, China
Key Offering: Hydrofluoric Acid, Fluoropolymers, Fluorochemicals

Dongyue Group operates one of the world’s most integrated fluorine chemical industry chains, with hydrofluoric acid production at its core. The company converts HF into high-value fluoropolymers and refrigerants, creating significant competitive advantages. Their large-scale operations serve both domestic Chinese markets and international customers.

Innovation & Expansion Initiatives:

  • Development of new fluoropolymer applications using HF as feedstock

  • Expansion into high-purity electronic materials business


4️⃣ 7. Juhua Group Corporation

Headquarters: Quzhou, Zhejiang, China
Key Offering: Industrial Grade HF, Electronic Grade, Specialty Fluorides

Juhua Group is a state-owned enterprise and a major producer of basic chemicals in China, with substantial hydrofluoric acid production capacity. The company serves diverse industries including refrigeration, aluminum production, and electronics. Juhua’s strategic location in Zhejiang province positions it well to serve the Yangtze River Delta manufacturing hub.

Innovation & Expansion Initiatives:

  • Modernization of production facilities to improve efficiency and safety

  • Development of electronic-grade HF for domestic semiconductor industry


3️⃣ 8. Derivados del Flúor (DDF)

Headquarters: Barcelona, Spain
Key Offering: Hydrofluoric Acid, Fluorochemical Intermediates

Derivados del Flúor is a leading European producer of hydrofluoric acid and fluorine derivatives. The company serves the European market with a focus on quality and regulatory compliance. DDF’s strategic location provides access to both European and North African markets, with a particular strength in serving the pharmaceutical and specialty chemical industries.

Innovation & Expansion Initiatives:

  • Investment in environmentally sustainable production processes

  • Development of high-value fluorine compounds for pharmaceutical applications


2️⃣ 9. Fubao Group

Headquarters: Fujian, China
Key Offering: Hydrofluoric Acid, Fluorite Concentrates, Fluorides

Fubao Group has established itself as a significant player in China’s hydrofluoric acid market through vertical integration from fluorite mining to HF production. The company’s control over raw materials provides cost advantages and supply security. Fubao serves both domestic Chinese industries and international markets with various grades of hydrofluoric acid.

Innovation & Expansion Initiatives:

  • Expansion of fluorite mining operations to secure raw material supply

  • Upgrading HF production technology to meet stricter environmental standards


1️⃣ 10. 3F Fluorochemicals

Headquarters: Mumbai, India
Key Offering: Hydrofluoric Acid, Cryolite, Aluminum Fluoride

3F Fluorochemicals is India’s leading producer of fluorine compounds, including hydrofluoric acid. The company plays a crucial role in serving India’s growing industrial base, particularly in aluminum smelting and refrigeration. 3F’s strategic position in India allows it to capitalize on the country’s industrial growth while navigating challenges related to fluorite sourcing.

Innovation & Expansion Initiatives:

  • Capacity expansion to meet growing domestic demand

  • Development of new applications for HF in water treatment and metal surface treatment

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


🌍 Outlook: The Future of Hydro Fluoric Acid Is High-Purity and Sustainable

The hydrofluoric acid market is undergoing a significant transformation. While industrial-grade HF continues to serve traditional applications, the industry is increasingly focused on high-purity electronic grades, sustainable production methods, and innovative applications in emerging technologies.

📈 Key Trends Shaping the Market:

  • Rising demand for ultra-high-purity HF from semiconductor fabs, particularly for nodes below 5nm

  • Increasing regulatory pressure driving investment in cleaner production technologies and waste recycling

  • Geographic shift in production capacity toward Asia, particularly China, to serve local electronics manufacturing

  • Emerging applications in lithium battery manufacturing and renewable energy technologies

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

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