Thailand Hydrofluoric acid Market (2025-2031) Outlook | Forecast, Growth, Share, Analysis, Industry, Size, Value, Companies, Revenue & Trends
Market Forecast By Grade (Anhydrous Hydrofluoric Acid, Diluted Hydrofluoric Acid), By Applications (Fluorocarbon Production, Fluorinated Derivative Production, Metal Pickling, Oil Refining, Uranium Fuel Production, Others) And Competitive Landscape
| Product Code: ETC088544 | Publication Date: Jun 2021 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Thailand Hydrofluoric Acid Market: Import Trend Analysis
In the Thailand hydrofluoric acid market, the import trend experienced a notable decline from 2023 to 2024, with a growth rate of -31.31%. However, the compound annual growth rate (CAGR) for imports from 2020 to 2024 stood at 6.13%. This decline in import momentum in 2024 could be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.
Hydrofluoric acid Market: Thailand vs Top 5 Major Economies in 2027 (Asia)
By 2027, the Hydrofluoric acid market in Thailand is anticipated to reach a growth rate of 4.98%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
Thailand Hydrofluoric Acid Market Synopsis
The hydrofluoric acid market in Thailand was valued at USD 28.64 million in 2025 and is expected to reach USD 38.19 million, growing at a CAGR of 5.11%. The market growth is driven mainly by increasing demand for fluorochemicals, such as propellants, refrigerants, and solvents used primarily in automotive applications; rising construction activities; stringent environmental regulations imposed by the government; and growing demand for grease-resistant packaging materials from food packaging companies across the country.
Drivers of the Market
The hydrofluoric acid market in Thailand is driven by its applications in various industries, including electronics, chemicals, and pharmaceuticals. Hydrofluoric acid is used for etching, cleaning, and as a catalyst in various processes. The expansion of these industries in Thailand fuels the demand for this specialty chemical.
Challenges of the Market
Safety and environmental concerns are challenges in the hydrofluoric acid market. Hydrofluoric acid is highly corrosive and poses risks to both human health and the environment. Ensuring proper handling, storage, and disposal of this hazardous chemical is essential to prevent accidents, protect workers, and prevent environmental contamination.
COVID-19 Impact on the Market
The hydrofluoric acid market faced uncertainties as industrial activities slowed down. Reduced demand from industries such as automotive, electronics, and chemicals affected the market, along with disruptions in the supply chain.
Key Players in the Market
Hydrofluoric acid is used in industrial processes and applications. Key players in Thailandhydrofluoric acid market include Solvay, Sinochem Lantian Co., Ltd., and Honeywell International Inc., providing hydrofluoric acid for various industrial uses.
Key Highlights of the Report:
- Thailand Hydrofluoric acid Market Outlook
- Market Size of Thailand Hydrofluoric acid Market, 2024
- Forecast of Thailand Hydrofluoric acid Market, 2031
- Historical Data and Forecast of Thailand Hydrofluoric acid Revenues & Volume for the Period 2021-2031
- Thailand Hydrofluoric acid Market Trend Evolution
- Thailand Hydrofluoric acid Market Drivers and Challenges
- Thailand Hydrofluoric acid Price Trends
- Thailand Hydrofluoric acid Porter's Five Forces
- Thailand Hydrofluoric acid Industry Life Cycle
- Historical Data and Forecast of Thailand Hydrofluoric acid Market Revenues & Volume By Grade for the Period 2021-2031
- Historical Data and Forecast of Thailand Hydrofluoric acid Market Revenues & Volume By Anhydrous Hydrofluoric Acid for the Period 2021-2031
- Historical Data and Forecast of Thailand Hydrofluoric acid Market Revenues & Volume By Diluted Hydrofluoric Acid for the Period 2021-2031
- Historical Data and Forecast of Thailand Hydrofluoric acid Market Revenues & Volume By Applications for the Period 2021-2031
- Historical Data and Forecast of Thailand Hydrofluoric acid Market Revenues & Volume By Fluorocarbon Production for the Period 2021-2031
- Historical Data and Forecast of Thailand Hydrofluoric acid Market Revenues & Volume By Fluorinated Derivative Production for the Period 2021-2031
- Historical Data and Forecast of Thailand Hydrofluoric acid Market Revenues & Volume By Metal Pickling for the Period 2021-2031
- Historical Data and Forecast of Thailand Hydrofluoric acid Market Revenues & Volume By Oil Refining for the Period 2021-2031
- Historical Data and Forecast of Thailand Hydrofluoric acid Market Revenues & Volume By Uranium Fuel Production for the Period 2021-2031
- Historical Data and Forecast of Thailand Hydrofluoric acid Market Revenues & Volume By Others for the Period 2021-2031
- Thailand Hydrofluoric acid Import Export Trade Statistics
- Market Opportunity Assessment By Grade
- Market Opportunity Assessment By Applications
- Thailand Hydrofluoric acid Top Companies Market Share
- Thailand Hydrofluoric acid Competitive Benchmarking By Technical and Operational Parameters
- Thailand Hydrofluoric acid Company Profiles
- Thailand Hydrofluoric acid Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Thailand Hydrofluoric acid Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Hydrofluoric acid Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Thailand Hydrofluoric acid Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Hydrofluoric acid Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Hydrofluoric acid Market - Industry Life Cycle |
3.4 Thailand Hydrofluoric acid Market - Porter's Five Forces |
3.5 Thailand Hydrofluoric acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Thailand Hydrofluoric acid Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Hydrofluoric acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Hydrofluoric acid Market Trends |
6 Thailand Hydrofluoric acid Market, By Types |
6.1 Thailand Hydrofluoric acid Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Thailand Hydrofluoric acid Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Thailand Hydrofluoric acid Market Revenues & Volume, By Anhydrous Hydrofluoric Acid, 2021-2031F |
6.1.4 Thailand Hydrofluoric acid Market Revenues & Volume, By Diluted Hydrofluoric Acid, 2021-2031F |
6.2 Thailand Hydrofluoric acid Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Hydrofluoric acid Market Revenues & Volume, By Fluorocarbon Production, 2021-2031F |
6.2.3 Thailand Hydrofluoric acid Market Revenues & Volume, By Fluorinated Derivative Production, 2021-2031F |
6.2.4 Thailand Hydrofluoric acid Market Revenues & Volume, By Metal Pickling, 2021-2031F |
6.2.5 Thailand Hydrofluoric acid Market Revenues & Volume, By Oil Refining, 2021-2031F |
6.2.6 Thailand Hydrofluoric acid Market Revenues & Volume, By Uranium Fuel Production, 2021-2031F |
6.2.7 Thailand Hydrofluoric acid Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Hydrofluoric acid Market Import-Export Trade Statistics |
7.1 Thailand Hydrofluoric acid Market Export to Major Countries |
7.2 Thailand Hydrofluoric acid Market Imports from Major Countries |
8 Thailand Hydrofluoric acid Market Key Performance Indicators |
9 Thailand Hydrofluoric acid Market - Opportunity Assessment |
9.1 Thailand Hydrofluoric acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Thailand Hydrofluoric acid Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Hydrofluoric acid Market - Competitive Landscape |
10.1 Thailand Hydrofluoric acid Market Revenue Share, By Companies, 2024 |
10.2 Thailand Hydrofluoric acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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