In 2023, the production of Hydrogen Fluoride in Italy stood at 119.70 million kilograms. Forecasts indicate a steady year-on-year growth, with production expected to reach 168.97 million kilograms by 2028. The predicted growth rates for the coming years are substantial: 2024 sees a 5.95% increase, with further rises of 8.44% in 2025, 7.69% in 2026, 6.98% in 2027, and 6.55% in 2028. This results in a compound annual growth rate (CAGR) of approximately 7.12% over the five-year forecast period.
- Observe potential market shifts due to technological advances and government policies aimed at boosting sustainable chemical production.
- Monitor raw material availability and cost fluctuations, which could impact profitability and production rates.
- Stay informed about potential regulatory changes in the EU and global markets, which might affect export potential and demand.