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Ultra-high purity hydrofluoric acid Market 2018-2028 Latest Trends and Growth with Top Key Players- Stella Chemifa Corporation, Solvay SA,Fujian Long Fluorine Chemical Co., Ltd., ANALYTIKA, spol. s r.o., Xuancheng Hengtai Electronic Chemical Materials Co.

01-11-2019 11:37 AM CET | Industry, Real Estate & Construction

Press release from: Future Market Insights

Ultra-high purity hydrofluoric acid Market

Ultra-high purity hydrofluoric acid Market

The ultra-high purity hydrofluoric acid business has seen tremendous potential owing to the proliferated growth projected by the ultra-high purity hydrofluoric acid market. The participants of the ultra-high purity hydrofluoric acid market are focusing on providing leading-edge solutions for fulfilling the chemical requirements of the customers. The ultra-high purity hydrofluoric acid market is further gaining traction owing to the reduced demand and supply gap. Major market players such as Shaowu Huaxin Chemical Industry, Fujian Long Fluorine Chemical Company, and others being situated in China, the most promising region for the ultra-high purity hydrofluoric acid market, meeting the demands on time is all the more possible. With this scenario, the business expansion in the ultra-high purity hydrofluoric acid market has simplified for the market players.

The semiconductor industry has boosted the demand for ultra-high purity hydrofluoric acid since there has been a growth in the semiconductor demand. Key players such as Stella Chemifa Corporation of the ultra-high purity hydrofluoric acid market are providing solutions such as ultra-high purity hydrofluoric acid and ultra-high purity buffered hydrogen fluoride to the market players of the semiconductor industry for their set of applications as chemical agents, thereby boosting the sales of ultra-high purity hydrofluoric acid.

Get Sample Copy of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-7195

Ultra-high purity hydrofluoric acid: Introduction

Hydrofluoric acid (HF; molecular Wt. 20), is a colorless, pungent odor inorganic chemical compound. Hydrofluoric acid is toxic and extremely corrosive in nature. Owing to that, hydrofluoric acid can attack to silicates and glass that leads to form gaseous silicon tetra fluoride. Also, Hydrofluoric acid can react with metals, metal oxides and hydroxides in order to produce salt compounds. Moreover, this compound is soluble in water, alcohol, and an insoluble in other organic solvents. Ultra-high purity hydrofluoric acid is a strong acidic compound that act as a cleaning and corrosive agent. Ultra-high purity hydrofluoric acid that can be used in combination with other acidic compounds such as glacial acetic acid, hydrogen peroxide, nitric acid, and ammonium hydroxide, among other. It can also be used as an analytical reagent and as chemical intermediate for production of high purity fluorine chemicals

The Ultra-high purity hydrofluoric acid is manufactured by pretreatment of anhydrous hydrofluoric acid, followed by processing it through rectification tower i.e. distillation column to get HF gas. This obtained hydrogen fluoride gas is cooled and passed to the absorption tower to get Ultra-high purity hydrofluoric acid. Water absorption is mainly preferred to get Ultra-high purity hydrofluoric acid. The purity and yield through absorption tower is managed by controlling spray density, and gas-liquid ratio, among other factors. Owing to strong corrosive nature of Ultra-high purity hydrofluoric acid, equipment made or lined with PTFE resistance material, gold, and platinum, among other precious material are required. This in turn resulted into high capital expenditure owing to which limited player are engaged in the manufacturing of Ultra-high purity hydrofluoric acid across the globe.

The ultra-high purity hydrofluoric acid is used as an etching and cleaning agent photovoltaic cell manufacturing, integrated circuit (IC), VLSI Chip manufacturing, and glass thinning (LED devices), among other industrial application. In the photovoltaic industry, ultra-high purity hydrofluoric acid for wafer surface cleaning and etching.

Ultra-high purity hydrofluoric acid: Market Dynamics

Across the globe, the governments of developed and developing countries are emphasizing on development of solar energy infrastructure on mass commercial scale. For the same, governments are continuously investing in expansion of existing and new project to increase the solar energy production owing to which demand for PV panel is increased across the globe. This increasing demand for PV panel is major driving factor for the growth of ultra-high purity hydrofluoric acid market. Moreover, significant growth of electronic and semiconductor industry will in turn help to drive the ultra-high purity hydrofluoric acid market. Apart from this, high capital investment and high cost relative to other cleaning solvents that may hamper the growth of ultra-high purity hydrofluoric acid market

Segmentation:

Based on grade, global Ultra-high purity hydrofluoric acid market is segmented into;

• UP grade (metal impurity content < 10 ppb)
• EL grade (Metal impurity content < 100 ppb)
• GT grade (metal impurity content < 10 ppm)

Based on Application, global Ultra-high purity hydrofluoric acid market is segmented into;

• Electronics
• Semiconductor
• PV panel
• Others

Regional Outlook:

Over the recent past, the gradual shift of the world's electronics and semiconductor manufacturing industry toward China, the demand for ultra-high purity hydrofluoric acid has been increased. It is expected that China ultra-high purity hydrofluoric acid market will register healthy growth over the forecast period. Meanwhile, the industrial production of anhydrous hydrofluoric acid in China has ensured availability of raw material with low cost that in turn provide impetus for the growth of ultra-high purity hydrofluoric acid market. Moreover, Japan followed by South Korea are the major market for ultra-high purity hydrofluoric acid and are expected to register steady growth over the forecast period

Detailed TOC of Research Report Available @ https://www.futuremarketinsights.com/toc/rep-gb-7195

Key player:

Examples of some of the market participants in the global Ultra-high purity hydrofluoric acid market identified across the value chain include:

• Stella Chemifa Corporation
• Solvay SA
• Fujian Long Fluorine Chemical Co., Ltd.
• ANALYTIKA, spol. s r.o.
• Xuancheng Hengtai Electronic Chemical Materials Co., Ltd.
• Shaowu Huaxin Chemical Industry Co., Ltd
• Merck KGaA, among other

ABOUT US:

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

CONTACT:

Future Market Insights
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com

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