The forecast for the import of Hydrogen Fluoride (Hydrofluoric Acid) to Malaysia shows a steady increase from 17.8 million kilograms in 2024 to 20.607 million kilograms in 2028. In 2023, the import volume stood at 17 million kilograms. The year-on-year growth rate is as follows: 4.1% from 2024 to 2025, 3.8% from 2025 to 2026, 3.6% from 2026 to 2027, and 3.4% from 2027 to 2028. This results in a compound annual growth rate (CAGR) of approximately 3.72% over the five-year period.
Future trends to watch for include:
• Technological advancements in industries dependent on hydrofluoric acid could further drive demand. • Any changes in Malaysia's industrial policies or trade agreements may impact import volumes. • Emerging alternative chemicals or materials that replace hydrofluoric acid. • Environmental regulations that might affect the production and importation of hydrofluoric acid.
