Electronic Grade Hydrofluoric Acid Market Analysis

  • Report ID: 5896
  • Published Date: Mar 19, 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: Mar 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing spending on electronics across the globe and the growing focus on sustainability are the major factors driving the growth of the market.

The market size of electronic grade hydrofluoric acid is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2024-2036.

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.

The >49% segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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