Product Code: ETC088547 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia Hydrofluoric acid Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 9.17% in 2025 and reaches 11.88% by 2029.
By 2027, the Hydrofluoric acid market in Indonesia is anticipated to reach a growth rate of 10.50%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Indonesia hydrofluoric acid market size was valued at USD 36.1 million in 2025 and is expected to grow at a compound annual growth rate (CAGR) of 6.2% from 2025 to 2031. Hydrofluoric acid (HF) is an essential industrial chemical that plays a vital role in the production of several products, such as fluorocarbons, aluminum fluoride, and uranium hexafluoride used for nuclear energy production. In addition, this chemical is widely used as a catalyst or cleaning agent in various end-use industries such as automotive, electrical & electronics, construction materials manufacturing and petrochemicals among others.
Increasing demand for consumer electronics with improved technological features has contributed significantly towards the growth of Indonesia hydrofluoric acid market over recent years. Furthermore, rising investments by local players towards expansion activities across the country will create lucrative opportunities for HF manufacturers during the forecast period 2025-2031. Additionally growing use of HF based products like fluoropolymers for developing corrosion resistant coating will drive overall industry trends positively over near future.
Growing manufacturing sector owing to increasing foreign direct investment coupled with healthy economic are likely to bolster product demand considerably over coming years. Moreover increasing government initiatives towards development of infrastructure projects such as dams and bridges along with rapid urbanization across major cities including Jakarta will augment industry revenue share substantially by 2031 end.Growing investments from public sector enterprises towards capacity expansions especially in power generation units should further support Indonesias hydrofluoric acid industry positively till 2025 on account of its wide applications across energy sectors.
On account of current pandemic outbreak worldwide, majority business operations have been severely hampered which has resulted into supply chain disruptions thereby negatively impacting Indonesias hydrofluoric acid market.Furthermore most downstream application operations including automobile parts manufacturing ,electrical equipments etc have also been adversely affected due to imposed lockdowns resulting into reduced revenue share throughout 2025.However once pandemic situation settles down ,industry participants can anticipate healthy recovery coupled with ramp up activity till 2025 end.
High costs associated with raw material procurement coupled with stringent regulations regarding usage & disposal might hinder overall Hydofluoric Acid Industry during analysis timeframe..Moreover presence of numerous international suppliers offering low cost substitutes may challenge local producers profitability margins significantly.
PT Inalum (Persero), PT Pertamina, PT Chandra Asri Petrochemical Tbk, SINOPEC Jiangsu Chemical Co., Ltd, Showa Denko KK, Toyobo Co., Ltd, Daicel Corporation, Mitsubishi Gas Chemical Company, Incorporated
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Hydrofluoric acid Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Hydrofluoric acid Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Hydrofluoric acid Market - Industry Life Cycle |
3.4 Indonesia Hydrofluoric acid Market - Porter's Five Forces |
3.5 Indonesia Hydrofluoric acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Indonesia Hydrofluoric acid Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Indonesia Hydrofluoric acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Hydrofluoric acid Market Trends |
6 Indonesia Hydrofluoric acid Market, By Types |
6.1 Indonesia Hydrofluoric acid Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Hydrofluoric acid Market Revenues & Volume, By Grade, 2018 - 2031F |
6.1.3 Indonesia Hydrofluoric acid Market Revenues & Volume, By Anhydrous Hydrofluoric Acid, 2018 - 2031F |
6.1.4 Indonesia Hydrofluoric acid Market Revenues & Volume, By Diluted Hydrofluoric Acid, 2018 - 2031F |
6.2 Indonesia Hydrofluoric acid Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Hydrofluoric acid Market Revenues & Volume, By Fluorocarbon Production, 2018 - 2031F |
6.2.3 Indonesia Hydrofluoric acid Market Revenues & Volume, By Fluorinated Derivative Production, 2018 - 2031F |
6.2.4 Indonesia Hydrofluoric acid Market Revenues & Volume, By Metal Pickling, 2018 - 2031F |
6.2.5 Indonesia Hydrofluoric acid Market Revenues & Volume, By Oil Refining, 2018 - 2031F |
6.2.6 Indonesia Hydrofluoric acid Market Revenues & Volume, By Uranium Fuel Production, 2018 - 2031F |
6.2.7 Indonesia Hydrofluoric acid Market Revenues & Volume, By Others, 2018 - 2031F |
7 Indonesia Hydrofluoric acid Market Import-Export Trade Statistics |
7.1 Indonesia Hydrofluoric acid Market Export to Major Countries |
7.2 Indonesia Hydrofluoric acid Market Imports from Major Countries |
8 Indonesia Hydrofluoric acid Market Key Performance Indicators |
9 Indonesia Hydrofluoric acid Market - Opportunity Assessment |
9.1 Indonesia Hydrofluoric acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Indonesia Hydrofluoric acid Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Indonesia Hydrofluoric acid Market - Competitive Landscape |
10.1 Indonesia Hydrofluoric acid Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Hydrofluoric acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |