Hydrogen Fluoride Market Global Industry Forecast 2022

The global hydrogen fluoride market size was valued at USD 3.0 billion in 2021 and is poised to grow at a significant CAGR of 5.1% during the forecast period 2022-28. The global hydrogen fluoride market is projected to grow due to increasing consumer demand for products made with hydrogen fluoride and a booming mining sector worldwide. In addition, the introduction of hydrochlorofluorocarbons (HFO) has been noted as a critical development that will probably positively affect the worldwide hydrogen fluoride market shortly. The market is anticipated to grow as HFO is increasingly used as a foam blowing agent in the manufacture of polyurethane and polystyrene, as well as in cold storage facilities and home walls.