The market demand for anhydrous hydrofluoric acid is strong and industry production capacity is expected to continue to expand.
Anhydrous hydrofluoric acid appears as a colorless fuming liquid and is one of the most important intermediates in the fluorine chemical industry. Anhydrous hydrofluoric acid is highly acidic, and its acidity is equivalent to that of anhydrous sulfuric acid. As a solvent, anhydrous hydrofluoric acid has the characteristics of strong water absorption, high chemical activity, high dielectric constant, and low viscosity. It is widely used in stainless steel acid Cleaning, fluorine-containing refrigerants, fluorine rubber, car cleaning, metallurgy, atomic energy, mining and other fields.
According to the “2023 Anhydrous Hydrofluoric Acid Industry Benchmark Enterprise Research” released by the Industrial Research Center, from 2017 to 2021, the Thanks to the advancement of preparation technology, the production capacity of my country’s anhydrous hydrofluoric acid industry has continued to grow, with an average annual compound growth rate of more than 5.5%, and the industry’s production capacity will exceed 2.5 million tons in 2021. In terms of output, from January to October 2022, the output of my country’s anhydrous hydrofluoric acid industry was approximately 1.43 million tons, a year-on-year increase of 7.4%. With the release of new production capacity, the output of my country’s anhydrous hydrofluoric acid industry will further increase.
The upstream raw materials of the anhydrous hydrofluoric acid industry chain are mainly concentrated sulfuric acid and acid-grade fluorspar powder. In the downstream consumption structure of fluorspar in 2021, hydrofluoric acid ranks first with a proportion of about 56.0%. my country is a major fluorspar producer, with its fluorspar output reaching 5.4 million tons in 2021. The supply of fluorspar can meet the production demand for anhydrous hydrofluoric acid. However, due to factors such as environmental protection policies and supply-side reforms, the threshold for fluorspar mining has gradually increased, which will indirectly drive up the cost of anhydrous hydrofluoric acid production.
Fluorinated refrigerants account for the highest consumption of anhydrous hydrofluoric acid. 2022 is the last base year for third-generation refrigerants. Domestic companies compete fiercely to seize quotas, and the purchase demand for anhydrous hydrofluoric acid increases; on the other hand, , driven by photovoltaics, new energy, etc., the expansion of production capacity of new fluorine-containing materials and fluoropolymers has accelerated, thereby driving the release of market demand for anhydrous hydrofluoric acid. Overall, my country’s anhydrous hydrofluoric acid market has strong demand, and industry production capacity is expected to continue to expand.
There are many anhydrous hydrofluoric acid production companies in my country, and the market competition pattern is relatively fragmented. At present, the main domestic anhydrous hydrofluoric acid production companies include Dongyue Group, Sanmei Co., Ltd., Feiyuan Chemical, Wengfu Group, Qinghai Xikang Tongxin, Juhua Co., Ltd., polyfluoropolymer new materials, etc. Among them, Dongyue Group has higher production capacity. Affected by the distribution of upstream raw materials, my country’s anhydrous hydrofluoric acid production capacity is mainly distributed in East China, North China and other regions.
Industry analysts said that anhydrous hydrofluoric acid has a wide range of applications and strong downstream market demand. With the release of new production capacity, anhydrous hydrofluoric acid The output of the water hydrofluoric acid industry will further increase, and the future market will show a trend of booming production and demand. There are many anhydrous hydrofluoric acid production companies in my country, and the market competition pattern is relatively fragmented. In the future, as environmental protection supervision becomes increasingly strict, the raw materials and production costs of anhydrous hydrofluoric acid will increase.