| Product Code: ETC088543 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India`s hydrofluoric acid import market witnessed a significant shift in 2024, with top exporters being Taiwan, Thailand, Vietnam, UAE, and Spain. The market concentration, as measured by the HHI, remained high in 2024 following a spike in 2023. Despite a strong CAGR of 31.6% from 2020 to 2024, the growth rate from 2023 to 2024 experienced a slight decline of -21.4%. These trends indicate a dynamic landscape in the hydrofluoric acid import market in India, with potential opportunities and challenges for market players to navigate.

India Hydrofluoric acid market is projected to register a healthy CAGR of 7.5% during the forecast period. The growth of the India hydrofluoric acid market is mainly attributed to its increasing demand from various end-use industries such as electronics, automotive and aerospace & defense. The growing consumer preferences for Eco-friendly products and rising disposable incomes will further drive the growth of the India hydrofluoric acid market over the coming years. In addition, government initiatives towards industrial development are likely to augment industry growth in near future.
The key drivers identified for India hydrofluoric acid market include increasing demand from automotive sector , growing use in electronic devices , Rising popularity of eco-friendly products among consumers andgovernment initiatives towards industrial development.
The major challenges witnessed by India Hydrofluoric Acid Market are high cost associated with raw materials used in production processand Stringent regulations regarding usage and disposal of HF acids.
Some of the key players operating in India Hydroflouric Acid Market includes: BASF SE, Dow Chemical Company, Gujarat Fluorochemicals Limited, Gujarat Alkalies & Chemicals Limited, Solvay SA , PVS Technologies Pvt Ltd,, Infineum International Ltd., Ashland Inc., Clariant AG etc
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Hydrofluoric acid Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Hydrofluoric acid Market Revenues & Volume, 2021 & 2031F |
3.3 India Hydrofluoric acid Market - Industry Life Cycle |
3.4 India Hydrofluoric acid Market - Porter's Five Forces |
3.5 India Hydrofluoric acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 India Hydrofluoric acid Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Hydrofluoric acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from industries such as pharmaceuticals, electronics, and petrochemicals |
4.2.2 Increasing use of hydrofluoric acid in the production of fluorocarbons and fluoropolymers |
4.2.3 Rising investments in infrastructure and construction projects driving the demand for hydrofluoric acid |
4.3 Market Restraints |
4.3.1 Stringent regulations regarding the handling and disposal of hydrofluoric acid |
4.3.2 Volatility in raw material prices impacting the overall production cost |
4.3.3 Environmental concerns related to the manufacturing and usage of hydrofluoric acid |
5 India Hydrofluoric acid Market Trends |
6 India Hydrofluoric acid Market, By Types |
6.1 India Hydrofluoric acid Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 India Hydrofluoric acid Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 India Hydrofluoric acid Market Revenues & Volume, By Anhydrous Hydrofluoric Acid, 2021-2031F |
6.1.4 India Hydrofluoric acid Market Revenues & Volume, By Diluted Hydrofluoric Acid, 2021-2031F |
6.2 India Hydrofluoric acid Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Hydrofluoric acid Market Revenues & Volume, By Fluorocarbon Production, 2021-2031F |
6.2.3 India Hydrofluoric acid Market Revenues & Volume, By Fluorinated Derivative Production, 2021-2031F |
6.2.4 India Hydrofluoric acid Market Revenues & Volume, By Metal Pickling, 2021-2031F |
6.2.5 India Hydrofluoric acid Market Revenues & Volume, By Oil Refining, 2021-2031F |
6.2.6 India Hydrofluoric acid Market Revenues & Volume, By Uranium Fuel Production, 2021-2031F |
6.2.7 India Hydrofluoric acid Market Revenues & Volume, By Others, 2021-2031F |
7 India Hydrofluoric acid Market Import-Export Trade Statistics |
7.1 India Hydrofluoric acid Market Export to Major Countries |
7.2 India Hydrofluoric acid Market Imports from Major Countries |
8 India Hydrofluoric acid Market Key Performance Indicators |
8.1 Research and development investment in new applications of hydrofluoric acid |
8.2 Adoption rate of advanced technologies in hydrofluoric acid production processes |
8.3 Compliance with environmental and safety regulations in hydrofluoric acid manufacturing |
9 India Hydrofluoric acid Market - Opportunity Assessment |
9.1 India Hydrofluoric acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 India Hydrofluoric acid Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Hydrofluoric acid Market - Competitive Landscape |
10.1 India Hydrofluoric acid Market Revenue Share, By Companies, 2024 |
10.2 India Hydrofluoric acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |