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A Summary of the Potassium Hydrogen Fluoride Market Developments (2023 to 2033)

As per Future Market Insights, the potassium hydrogen fluoride market is anticipated to attain a value pool of US$ 1,000 million by 2023-end. Global demand for potassium hydrogen fluoride is expected to rise at a CAGR of 6% to US$ 1,800 million in 2033.

Data Points

Key Statistics

Expected Market Value in 2023

US$ 1,000 million

Projected Market Value in 2033

US$ 1,800 million

Growth Rate (2023 to 2033)

6% CAGR

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Potassium Hydrogen Fluoride's Crucial Role in the Manufacturing of Electronic Devices

  • Growing demand from the aluminium industry: Potassium hydrogen fluoride is used as a flux in the aluminium industry to remove impurities and improve the quality of the final product. The increasing demand for aluminium in various sectors such as construction, automotive, and aerospace is expected to drive the demand for potassium hydrogen fluoride.
  • Increasing Demand for Electronic Devices: Potassium hydrogen fluoride is used in the manufacturing of electronic components such as semiconductors, which are widely used in various electronic devices. With the growth of the electronics industry, the demand for potassium hydrogen fluoride is expected to rise.
  • Growing Demand from the Pharmaceutical Industry: Potassium hydrogen fluoride is used in the manufacturing of various pharmaceuticals such as antibiotics and anti-inflammatory drugs. The increasing demand for pharmaceuticals due to the growing population and rising health concerns is expected to drive the demand for potassium hydrogen fluoride.

Potassium Hydrogen Fluoride's expanding Applications in the Oil and Gas Industry

  • Growing Demand for Lithium-Ion Batteries: Lithium-ion batteries are widely used in various applications, including electric vehicles, consumer electronics, and renewable energy storage. Potassium hydrogen fluoride is used in the production of lithium-ion batteries as an electrolyte additive. With the increasing demand for lithium-ion batteries, the demand for potassium hydrogen fluoride is also expected to rise.
  • Increasing Demand for Solar Energy: Potassium hydrogen fluoride is used in the production of solar panels as an etchant to remove impurities from the silicon wafers. With the increasing adoption of solar energy as a renewable energy source, the demand for potassium hydrogen fluoride in the solar industry is expected to grow.
  • Emerging Applications in the Oil and Gas Industry: Potassium hydrogen fluoride is used in the oil and gas industry for well stimulation and acidizing. The growing demand for oil and gas and the increasing exploration and production activities are expected to create opportunities for potassium hydrogen fluoride in the oil and gas industry.
  • Increasing Demand for High-Performance Coatings: Potassium hydrogen fluoride is used as a surface treatment agent in the production of high-performance coatings. With the growing demand for high-performance coatings in various industries such as aerospace, automotive, and construction, the demand for potassium hydrogen fluoride is expected to rise.
Nikhil Kaitwade
Nikhil Kaitwade

Principal Consultant

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Potassium Hydrogen Fluoride as a Critical Component in the Production of High-Performance Materials

  • Increasing Adoption of Automation in Manufacturing: The manufacturing industry is adopting automation and robotics to improve efficiency and reduce costs. Potassium hydrogen fluoride is used in various manufacturing processes, and the adoption of automation is expected to increase the demand for potassium hydrogen fluoride.
  • Growing Demand for High-Performance Materials: High-performance materials, such as high-strength alloys and composites, are increasingly used in various industries. Potassium hydrogen fluoride is used in the production of such materials, and the growing demand for high-performance materials is expected to drive the demand for potassium hydrogen fluoride.
  • Technological Advancements in the Production Process: The production process for potassium hydrogen fluoride is continuously evolving, with manufacturers adopting new technologies to improve efficiency and reduce costs. The development of new production technologies is expected to drive the growth of the potassium hydrogen fluoride market.

Potassium Hydrogen Fluoride Market Overview

According to the latest research, the demand for Potassium hydrogen fluoride is anticipated to grow with a compelling growth rate of about 4.0% to 6.0% in between the coming assessment period of 2021-2031.

 Potassium hydrogen fluoride (KHF2) is used in the chemical industry, manufacture of wood preservatives, glass processing, glass manufacturing, for the production of soldering agents, as an abrasive and as a pre-treatment of metals before they are further processed.

Potassium fluoride is used as a corrosive agent for glass, and fusing agent in welding. It is used in a chemical industry for the manufacturing of inorganic and organic fluorine compounds.

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What is Driving Demand for Potassium Hydrogen Fluoride?

The increasing demand for eco-friendly wood preservatives chemicals, as well as fast urbanisation and rising disposable income in emerging countries, are driving the market for wood preservatives. The construction and infrastructure industries rely heavily on wood preservatives. The wood preservatives market is being driven by an increase in the usage of wood preservatives in these industries, as well as an increase in construction activity.

The growing use of specialised glass in a variety of industries, such as automobiles, construction, electronics, and chemicals, is a critical driver in the expansion of the glass production business. Glass is utilised in kitchenware, and scientific and chemical equipment in this segment.

Borosilicate glass is extremely resistant to fast temperature changes, making it perfect for use in the kitchen and chemical industries. As a result, the market for potassium hydrogen fluoride will be driven by demand from the wood preservatives and glass production industries over the anticipated period.

Growth of Glass Industry Boost the Market and Increasing Demand of Potassium Hydrogen Fluoride

A wide spectrum of inorganic fluorine compounds is recognised to have a vital role in the manufacture and processing of glass. The cloudiness of opaque glass, often known as milk or cloud glass, is obtained by adding inorganic fluorides to the mix. As so-called "white opacifier," they are added to the glass melt. Fluorides function as fluxes in tiny levels, and the clouding effect occurs only when larger amounts are added.

In glass and cleaning goods, potassium hydrogen fluoride is commonly used as an etchant. It is used in the creation of specific optical glasses such as crown and crown flint glass, as well as a polymerization catalyst.

Potassium Hydrogen Fluoride is used for special optical glasses in glass manufacturing and for matt etching in glass treatment process. Hence due to the rapid rise in demand for this product from glass industry propel the market growth of potassium hydrogen fluoride.

APAC Potassium Hydrogen Fluoride Market Outlook

Asia Pacific will be the major glass manufacturing area. Due to a variety of causes, Asia Pacific has the highest growth rate share in the glass manufacturing business. The construction industry is a significant driver of flat glass demand in the region.

Lower production costs in countries such as China and India have led many large businesses to establish manufacturing facilities. The APAC wood preservative chemicals market is expected to rise due to rising urbanisation, infrastructure development, and a favourable regulatory framework governing the use of such products in the region.

Europe and North America Market Outlook

In 2020, North America held the greatest share of the global wood preservatives market. The expanding use of wood in the residential and industrial sectors is driving up demand for wood preservatives in North America.

The growing construction sector, backed by significant expenditures in infrastructure in European nations, is opening up new potential for wood preservatives makers in the region which helps to fuel the demand of potassium hydrogen fluoride market in this region.

Who are the Key Manufacturers and Suppliers?

Some of the leading manufacturers and suppliers include

  • Solvay
  • Fluoro Chemicals
  • Tanfac Industries Ltd
  • MFPL
  • Yushan County Fengyuan Chemical Co., Ltd.
  • Nantong Jinxing Fluorides Chemical Co., Ltd
  • J.K. Fluorine
  • Sree Vani Fluoride
  • KINGWAYCHEM
  • Zhejiang Hailan Chemical Group CO.,LTD.
  • Skyline Chemical Corporation

With the growing number of opportunities key players are also focusing on acquisitions of small and medium size players and collaborations with other market participants either for the R&D or to manufacture the product at a large scale.

The Potassium hydrogen fluoride report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Key Segments

Applications:

  • Glass Manufacturing
  • Glass treatment
  • Wood Preserving agents
  • Production of soldering agents
  • Chemical Industry
  • Others

By Region:

  • North America
    • USA
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • Italy
    • France
    • United Kingdom
    • Spain
    • Russia
    • Nordics
    • Rest of Europe
  • East Asia
    • China
    • Japan
    • South Korea
  • South Asia Pacific
    • India
    • ASEAN Countries
    • Oceania
    • Rest of South Asia Pacific
  • Middle East and Africa
    • GCC Countries
    • Turkey
    • Northern Africa
    • South Africa
    • Rest of MEA

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Potassium Hydrogen Fluoride Market

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