Global Ammonium Bifluoride Market: Industrial Grade to achieve the highest market share in the forecast 2017-2025
According to a new report published by Reports Monitor titled, “Global Ammonium Bifluoride Market, Growth Opportunities, Innovations and Forecast, 2017-2025,” the Ammonium Bifluoride market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
Ammonium Bifluoride or Ammonium hydrogen fluoride is colorless salt produced from ammonia and hydrogen fluoride. It is also represented as NH4HF2. Ammonium Bifluoride has been considered as an intermediate in the production of hydrofluoric acid from hexafluorosilicic acid. This is used in a number of industrial and commercial applications such as for cleaning and etching of metals, glass or cleaning of brick and ceramics. In industrial textile processing or laundries it is used for pH adjustment. Overexposure can cause irritation to skin, permanent eye damage, stomach pain, weakness, etc. Ammonium Bifluoride are available in solid as well as in liquid solution.
Growing use of ammonium Bifluoride for cleaning purpose and diversified application forms the major driver in contributing the market growth. However increased concern over the safety issues and adverse effect on health may result in hampering the market growth. The Global Ammonium Bifluoride Market Professional Survey Report scrutinizes the present scenario and the future growth prospects of the Industry. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth and detailed analysis along with important inputs from the various industry experts.
The Global ammonium Bifluoride market is majorly segmented on the basis of types and applications. Depending upon the type the market is bifurcated into: industrial grade, analysis grade and others. On the basis of applications the market is segmented into: disinfectant, glass etching agent, preservatives and others.
Key Findings: • In Asia-Pacific, China is estimated to grow at a highest CAGR of XX%, in terms of value. • In terms of value, etching agent segment is expected to grow at a CAGR of XX% during the forecast period. • Industrial grade ammonium Bifluoride is expected to achieve a highest CAGR of XX% in the forecast period.
The major key vendors in the ABF market are: DERIVADOS DEL FLUOR, S.A., Dongyue Group Limited, Fluoro Chemicals, Halliburton Company, Jay Intermediates & Chemicals, Zhejiang Sanmei Chemical Industry Co., Ltd., Shanghai Yixin Chemical Co., Ltd, Honeywell International Inc., Shaowu Huaxin Chemical Co Ltd, Solvay S.A.
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