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Fluorosilicic acid market is predicted to see lucrative gains up to 2025, North America and Europe to show steady growth

Author : Ravi Chawat | Published Date : 2021-01-07 

On the geographical front, North America and Europe are expected to offer lucrative opportunities to the fluorosilicic acid market. The regional market is mainly driven by countries like Canada and the U.S. Increasing consumer awareness regarding water borne diseases like dental or skeletal fluorosis may bolster product demand.

Moreover, surging need for fluoride supplements to maintain appropriate fluoride levels in the body may augment product traction in the coming years. On this note, it is estimated that the North America fluorosilicic acid market may witness growth rate of around 5.5% by 2025.

 

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Europe fluorosilicic acid market was valued over USD 190 million in 2018. Notably, the European Food Safety Authority (EFSA) has created certain guidelines for the usage of fluorosilicic acid in the process of water treatment. The commission scientific committee has also assigned certain fluorine levels in oral care products. All these factors could influence product penetration in Europe.

Global Market Insights, Inc., predicts that the fluorosilicic acid market may record growth rate of around 5.5% from water fluoridation application. Drinking water with appropriate fluorosilicic acid can be used for cooking as well as drinking purposes. However, ingestion of drinking water with excess fluoride levels could also cause health problems like skeletal fluorosis which includes symptoms like joint pain and stiffness.

Fluorosilicic acid is also used in different applications like metal surface treatment, textile processing, water fluoridation, hydrogen fluoride, metal surface treatment, aluminum fluoride, oil well acidizing, hide processing, and silicofluorides electroplating. It is utilized as a reagent in organic synthesis for separating bonds of silyl ethers in the formation of HF (hydrogen fluoride). Given to its impelling demand, studies suggest that the demand for 40% grade fluorosilicic acid market may surpass USD 620 million by 2025.

It is vital to mention that the global fluorosilicic acid market share is consolidated with key industry players like Solvay, Mosaic, KC Industries, Gelest, and Sigma Aldrich that are currently at the forefront of this industry. These firms are initiating new business strategies as well as developing new products to strengthen their global presence and boost productivity.

Intensifying usage of fluorosilicic acid in water treatment plants, primarily to maintain appropriate fluoride levels as well as to help avoid numerous diseases may foster global market size. Whereas proliferating demand across nations like North America and Europe may augment product consumption in the forthcoming years.

Browse More News:

https://www.globenewswire.com/news-release/2017/07/03/1037421/0/en/Acetic-Acid-Market-to-surpass-16bn-by-2024-Global-Market-Insights-Inc.html

https://www.globenewswire.com/news-release/2016/10/18/880265/0/en/Specialty-Chemicals-Market-size-worth-1-273-billion-by-2024-Global-Market-Insights-Inc.html

About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

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