Fluorosilicic Acid Market size to expand at healthy growth rate to 2025
Category: #business  By Rahul Varpe  Date: 2020-02-06
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Fluorosilicic Acid Market size to expand at healthy growth rate to 2025

The global ‘Fluorosilicic Acid Market’ study delivers an overall evaluation for stakeholders looking to expand their reach spanning various geographies, contenders, solution providers, new entrants in the industry, as well as financial speculators, private value firms, and government bodies.

The report provides a detailed evaluation of the global fluorosilicic acid market – this includes the major trends, basic market driving factors, main challenges, enabling technologies, regulatory landscape, standardization, future roadmap, growth opportunities, value chain, ecosystem player profiles and strategies. The report also presents the projections for fluorosilicic acid investments from 2019 till 2026.

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Fluorosilicic acid market is projected to witness substantial growth in the forthcoming years, primarily driven by need for maintaining fluoride level in water and preventing dental problems in public. Several government bodies in emerging economies are inducing municipal corporations to surge the use of fluorosilicic acid in drinking water to make it safer and invariably lower the prevalence of disorders such as dental fluorosis.

Growing demand towards water fluoridation of drinking water is likely to drive the fluorosilicic acid market. Increasing public health concerns towards drinking water may drive the product demand as it aids in maintenance of fluorine levels in water thereby reducing tooth decay problems. Various government bodies in the U.S. and Europe are compelling the municipal corporation to increase the usage of fluorosilicic acid in drinking water majorly to avert dental fluorosis.

Fluorosilicic acid market demand for 40% grade may surpass USD 620 million by 2025. The product is used as a reagent in organic synthesis for cleaving bonds of silyl ethers during the formation of hydrogen fluoride, which may boost product demand.

The regional segmentation covers:

o Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)
o North America Region (U.S., Canada, Mexico)
o South America Region (Argentina, Brazil, Columbia, Rest of South America)
o Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific)
o The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)

In-depth table of contents @ https://www.decresearch.com/toc/detail/fluorosilicic-acid-market

Europe fluorosilicic acid market demand was valued at over USD 190 million in 2018. EFSA has provided certain limitations for the usage of these products in water treatment and the commission scientific committee has provided certain levels for fluorine in oral care products, which may drive the market demand.

In the U.S., the water departments are importing fluoride chemicals from China. It is becoming increasingly common to import fluoride compounds from Chinese countries for water fluoridation. The easy availability of raw materials for manufacturers to prepare the acid makes it cost-effective for both the countries. Along with the U.S., the revenue of China is also being supported by the export of this acid. In fact, China fluorosilicic acid market size is anticipated to register an annual growth rate of 6.5 percent over 2020-2025. 

The fluorosilicic acid market has also registered growth in Europe as absorption of fluoride in the region’s groundwater is usually low which has in turn led some countries to add the chemical to public drinking water for health assistance. Reportedly, the European Food Safety Authority (EFSA) has set up consumption levels pertaining to natural mineral water and other sources of fluoride. The Scientific Committee on Consumer Products (SCCS) has also set certain levels for fluoride in dental products, efforts that may accelerate fluorosilicic acid industry growth over the forecast period.

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Besides consumption by municipal bodies for public benefit, fluorosilicic acid is also widely used in dental care products. Wide ranging application of the chemical is anticipated to lead the fluorosilicic acid market to surpass USD 1 billion mark by 2025, claim reports.

Global fluorosilicic acid market share is consolidated with few industrial participants including Mosaic, Solvay, Gelest, KC Industries, and Sigma Aldrich. Companies are involved in new product development to expand global presence and enhance production.

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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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