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China Hydrofluoric Acid Market Report, 2008
China Hydrofluoric Acid Market Report, 2008
- Report price : $ 1 400
- Publication date : August 2008
- Length : 43 pages
China Hydrofluoric Acid Market Report, 2008
By the end of 2007, China's annual hydrofluoric acid production capacity has broken the mark of 870,000 tons. However, China still has a certain shortage of high purity and high performance products of hydrofluoric acid and has to rely on a certain volume of imports each year.
Consumption structure of hydrofluoric acid
The biggest application market of hydrofluoric acid in China is fluorinated hydrocarbon chemical, which accounts for over 56% of the total consumption. The second biggest consumption market is aluminum, which accounts for 30%, followed by inorganic fluoride, hydrocarbons catalyzing, acid washing and military industry and others, accounting for 13%, 7%, and 4% respectively.
It is forecasted that China's demand for hydrofluoric acid in the forthcoming several years will grow at rate of over 15% annually. With the development of new applications and the improvement of new technology, the growth will continue to increase. In 2012, China's demand for hydrofluoric acid is expected to reach around 1.68 million tons.
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