PUBLISHER: SkyQuest | PRODUCT CODE: 1360362
PUBLISHER: SkyQuest | PRODUCT CODE: 1360362
Global Fluorosilicic Acid Market Size, Share, Growth Analysis, By Grade(25%, 35%), By Application(Water fluoridation, textile processing) - Industry Forecast 2023-2030
Global Fluorosilicic Acid Market size was valued at USD 8.8 billion in 2021 and is poised to grow from USD 9.09 billion in 2022 to USD 11.79 billion by 2030, at a CAGR of 3.3% during the forecast period (2023-2030).
The fluorosilicic acid market is undergoing substantial expansion owing to heightened requisition across diverse applications. The chemical's adaptability and utility across various industries have been instrumental in fueling its surging prominence. Its versatile properties find application in a spectrum of sectors, bolstering its widespread adoption. This growth trajectory reflects the increasing recognition of fluorosilicic acid as an indispensable component in a myriad of industrial processes, further emphasizing its pivotal role in contemporary industrial landscapes.
The global fluorosilicic acid market is segmented by grade, application, and region. By grade, the market is segmented into 25%, 35%, 40%, and others. By application, the market is segmented into water fluoridation, textile processing, metal surface treatment, hide processing, oil well acidizing, and others. By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Amid the dynamic global fluorosilicic acid market, the Asia-Pacific region emerges as a dominant force. This vibrant area, encompassing nations like China, India, and Southeast Asian countries, has become a focal point for fluorosilicic acid demand and production. A robust economy and burgeoning industries in this region drive water fluoridation and industrial applications, propelling demand to unprecedented levels. Furthermore, initiatives for improved dental health and a thriving textile and metal surface treatment sector contribute to the market's growth. Meanwhile, Latin America, with its economic growth and emphasis on dental care, establishes itself as the fastest-growing region for fluorosilicic acid, driven by water treatment and industrial needs. This blend of progress, health awareness, and industrial focus positions Latin America at the forefront of growth in the global fluorosilicic acid market.
Drivers
Increasing Demand for Water Fluoridation
A pivotal force propelling the fluorosilicic acid market is the escalating requirement for water fluoridation, particularly pronounced in developing nations. The widespread adoption of water fluoridation serves to enhance oral health and combat dental cavities, thereby inciting an upsurge in the consumption of fluorosilicic acid. This trend is driven by the acknowledgment of the positive impact of fluorosilicic acid on dental hygiene and its pivotal role in preventive dental care, underscoring its essential role in promoting public health.
Restraints
Environmental Concerns
The utilization of fluorosilicic acid has aroused environmental apprehensions, particularly when mishandled or inadequately disposed. The possible repercussions on aquatic ecosystems and human well-being have sparked heightened vigilance and posed regulatory complexities. There's growing scrutiny surrounding its use due to the potential consequences it poses. Addressing the proper handling and disposal of fluorosilicic acid becomes vital in safeguarding both the environment and human health, prompting a conscientious approach in its application and management.
Key Market Trends
Growing Demand for Water Fluoridation:
The trajectory of growing demand for water fluoridation is anticipated to persist, propelled by heightened consciousness about dental well-being and the embracement of proactive dental care measures. Governments and public health bodies, spanning developed and developing nations alike, are foreseen to allocate resources towards water fluoridation initiatives aimed at enhancing oral health. This trajectory ensures the enduring requirement for fluorosilicic acid, underlining its pivotal role in facilitating the advancement of preventive dental health practices and overall public welfare.
Table of Contents
Executive Summary
- Market Overview
- Wheel of Fortune
Research Methodology
- Information Procurement
- Secondary & Primary Data Sources
- Market Size Estimation
- Market Assumptions & Limitations
Parent Market Analysis
- Market Overview
- Market Size
- Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Key Market Insights
- Technology Analysis
- Pricing Analysis
- Supply Chain Analysis
- Value Chain Analysis
- Ecosystem of the Market
- IP Analysis
- Trade Analysis
- Startup Analysis
- Raw Material Analysis
- Innovation Matrix
- Pipeline Product Analysis
- Macroeconomic Indicators
- Top Investment Analysis
- Key Success Factor
- Degree of Competition
Market Dynamics & Outlook
- Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
- Regulatory Landscape
- Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
- Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Global Fluorosilicic Acid Market by Grade
- Market Overview
- 25%
- 35%
- 40%
- and others
Global Fluorosilicic Acid Market by Application
- Market Overview
- Water fluoridation
- textile processing
- metal surface treatment
- hide processing
- oil well acidizing
- and others
- Global Fluorosilicic Acid Market Size by Region
- Market Overview
- North America
- USA
- Canada
- Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA
- Competitive Landscape
- Top 5 Player Comparison
- Market Positioning of Key Players, 2021
- Strategies Adopted by Key Market Players
- Top Winning Strategies
- By Development
- By Company
- By Year
- Recent Activities in the Market
- Key Companies Market Share (%), 2021
- Key Company Profiles
- Solvay - Belgium
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- The Mosaic Company - USA
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- FMC Corporation - USA
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Prayon S.A. - Belgium
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- S.B. Chemicals - India
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Soderec - France
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Sigma-Aldrich Corporation - USA
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Hunan Nonferrous Fluoride Chemical Group Co., Ltd. - China
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Yushan County Xinhua Fluoride Co., Ltd. - China
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Navin Fluorine International Limited - India
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Honeywell International Inc. - USA
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Derivados del Fluor (DDF) - Spain
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Stella Chemifa Corporation - Japan
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Zhejiang Hexafluorine Chemical Co., Ltd. - China
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Shaowu Huaxin Chemical Industry Co., Ltd. - China
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Fluoro Chemicals, Inc. - Japan
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Changshu Xinhua Chemical Co., Ltd. - China
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Zhejiang Fluorescence Chemical Co., Ltd. - China
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Do-Fluoride Chemicals Co., Ltd. - China
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
- Jiaozuo Minli New Materials Co., Ltd. - China
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
