Fluorosilicic Acid Market Size Worth $794.48 Million By 2032 | CAGR: 6.8%

Fluorosilicic Acid Market Size Worth $794.48 Million By 2032 | CAGR: 6.8%

The global fluorosilicic acid market size is expected to reach USD 794.48 million by 2032, according to a new study by Polaris Market Research. The report “Fluorosilicic Acid Market Share, Size, Trends, Industry Analysis Report, By Grade (25%, 30%, 35%, 40%, and Others); By Application; By Region; Segment Forecast, 2024-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Increasing awareness regarding the product’s affordability, environmental friendliness, and excellent quality, along with the easy availability of alternative raw materials and the upgradation & modernization of the existing manufacturing facilities across the globe, are key factors influencing the market growth at a significant pace. Additionally, the continuously growing prevalence of the adoption of the product across a wide range of applications and increasing efforts that are being undertaken by key market players to expand their market presence and product portfolio to cater to the rising need worldwide are further likely to create huge growth opportunities during the forecast period.

In January 2023, Univar Solutions announced the acquisition of Turkish specialty chemicals distributor Kale Kimya. The company will expand its specialty business, geographic footprint, and product portfolio with this acquisition.

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In the recent past, many government federal agencies, especially in European Union and the US, significantly promoted the practices of using fluorosilicic acid across a wide range of municipal corporations, which would likely help the citizens keep their diseases, including dental fluorosis at bay along with the excessive consumption of fluoride that might lead to the skeletal fluorosis including various symptoms such as joint pains and stiffness.

Dental fluorosis is among the most occurring diseases, especially among children in developed countries like the US and Canada, that causes an abnormal rise of the fluoride levels in the human body, which has fueled the adoption of this acid. For instance, according to the National Health and Nutrition Examination Survey, in the United States, it was estimated that the incidence or prevalence of dental fluorosis is much higher in children than in adults, and the most affected age group observed in the survey is 12-15 years.

Fluorosilicic Acid Market Report Highlights

  • 40% grade segment accounted for largest market share in 2022, owing to increased prevalence for this grade fluorosilicic acid as a fluorinating agent and high traction for preserving the levels of fluorine
  • Water fluoridation segment held the significant market revenue share in 2022, which is highly attributable growing use for large number of water treatment plants and increased prevalence for consuming safe water
  • Europe region is expected to grow fastest at a CAGR during the anticipated period on account rapidly booming textile industry and surge in the demand from surface treatment and lead refining industries
  • The global key market players include American Elements, VWR International, Hydrite Chemical, Napco Chemical Company, & Univar Solutions.

Polaris Market Research has segmented the fluorosilicic acid market report based on grade, application, and region:

Fluorosilicic Acid, Grade Outlook (Revenue - USD Million, 2019 - 2032)

  • 25%
  • 30%
  • 35%
  • 40%
  • Others

Fluorosilicic Acid, Application Outlook (Revenue - USD Million, 2019 - 2032)

  • Water Fluoridation
  • Textile Processing
  • Metal Surface Treatment
  • Hide Processing
  • Oil Well Acidizing
  • Others

Fluorosilicic Acid, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa