Electronic Grade Hydrofluoric Acid Market Analysis

  • Report ID: 5896
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Electronic Grade Hydrofluoric Acid Market Analysis

Concentration (49%, >49%)

The >49% segment in electronic grade hydrofluoric acid market is estimated to gain a robust revenue share of 60% in the coming years owing to the growing demand for semiconductors. The worldwide semiconductor market is expected to reach trillion-dollar status by 2030 and is expected to increase at a rate of over 9% over the next ten years owing to the widespread deployment of 5G, the growing need for smartphones, and the robust demand for AI chips. Etching is a sophisticated technology used in the semiconductor industry that is vital for selectively removing material layers from semiconductor wafers.

A very corrosive solution of hydrogen fluoride in water, electronic grade hydrofluoric acid, >49%, is made specifically for the electronics industry to clean silicon wafers and etch semiconductors since these sensitive processes call for extremely pure solvents. The advancements in semiconductor technologies, such as the development of smaller transistor structures, necessitate more sophisticated etching and cleaning processes, thus driving the demand for high-purity HF.

Application (Solar Cells/Photovoltaics, Microelectronics, Semiconductors)

The semiconductors segment in electronic grade hydrofluoric acid market is set to garner a notable share shortly. Strong, corrosive, and reactive, hydrofluoric acid intended for electronic use reacts easily with oxidants, bases, and acids which is used extensively in the semiconductor sector that is now more than ever integrated into all fields to regulate and control the flow of electricity in electrical devices and equipment.

Our in-depth analysis of the global electronic grade hydrofluoric acid market includes the following segments:

          Grade Type

  • UP
  •  UP-S
  •  UP-SS
  •  EL

          Concentration

  • 49%
  •  >49%

          Application

  • Solar Cells/Photovoltaics
  • Microelectronics
  • Semiconductors
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Author Credits:  Rajrani Baghel


  • Report ID: 5896
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of electronic grade hydrofluoric acid is assessed at USD 518.46 million.

The electronic grade hydrofluoric acid market size was valued at USD 492.08 million in 2024 and is expected to reach USD 1.14 billion by 2037, registering around 6.7% CAGR during the forecast period i.e., between 2025-2037. The growing spending on electronics across the globe and the growing focus on sustainability will boost the market growth.

Asia Pacific industry is expected to dominate majority revenue share of 45% by 2037, impelled by growing production of fluorspar, and sulfuric acid in the region.

The major players in the market are Honeywell International Inc., Zhejiang Juhua Hanzheng New Materials Co., Ltd, Shanghai Changhua New Energy & Technology Co. Ltd., KMG Chemicals Inc., Do-Fluoride Chemicals Co., Ltd., Entegris, Inc., Suzhou Crystal Clear Chemical Co., Ltd, Morita Chemical Industries Co. Ltd., Buss ChemTech AG, Zhejiang Sanmei Chemical Incorporated Company, and others.
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