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The fluorosilicic acid market size is estimated to grow by USD 174.3 million at a CAGR of 7.08% between 2023 and 2028. The glass etching industry is experiencing significant growth due to the increasing demand for etched glass products in various sectors, including architecture, automotive, and home decor. One key component used in the production of etched glass is fluorosilicic acid, which is derived from the fluoridation of water. The global water fluoridation market is projected to expand at a CAGR of over 5% from 2021 to 2028, driven by the health benefits of fluoride in preventing dental caries. Furthermore, the hide processing industry is another major consumer of fluorosilicic acid, using it as a catalyst in the production of leather. These factors collectively contribute to the rising demand for fluorosilicic acid and the growth of the glass etching industry.
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Fluorosilicic acid is a byproduct of the phosphate fertilizer industry, derived from the reaction of phosphoric acid and silicon tetrafluoride. It is a colorless to light yellow liquid with a pungent, irritating odor. Fluorosilicic acid finds extensive applications in various industries, including water fluoridation for dental health, the textile industry for rust and stains removal, and in the production of phosphate fertilizers. In the water treatment sector, fluorosilicic acid is used for water fluoridation to prevent tooth decay. Municipal corporations are the major consumers of fluorosilicic acid for water fluoridation. However, the production and handling of fluorosilicic acid pose occupational hazards due to its corrosive nature and the presence of harmful impurities such as hydrogen fluoride and heavy metals. Fluorosilicic acid is also used in the electroplating industry for the production of rust-resistant coatings, in oil well acidizing for enhancing oil recovery, and in sterilization processes. Key players in the fluorosilicic acid market include Occidental Chemical, Chemtech, Sanmei, Halopolymer, Solvay, Texagulf, Water Leaders, and Phosphate Fertilizers. The market for fluorosilicic acid is expected to grow due to its increasing demand in various industries, despite the challenges posed by its production and handling. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Rising demand for water fluoridation is the key factor driving the growth of the market. Having a controlled level of fluoride in drinking water helps prevent tooth decay and cavities. As a result, some regulatory bodies and dental associations, such as the American Dental Association, the American Academy of Pediatrics, and the World Health Organization, recommend fluoride supplements in water to prevent tooth cavities.
Moreover, water fluoridation is preferred in areas where natural fluoride levels in freshwater and groundwater is low. Fluorosilicic acid is commonly used in water fluoridation to supplement water with fluoride. With the increasing demand for water fluoridation, the demand will also increase. Thus, these factors are expected to drive the growth of the market during the forecast period.
The expansion of fluorosilicic acid manufacturing and storage facilities is one of the positive trends in the market. The expansion helps players increase their market share. The rising industry has encouraged major market players to choose to expand their production and storage facilities across the globe. For example, in June 2022, Itafos announced that it had begun production and sales of hydro-fluorosilicic acid after completing the construction of a plant in Conda.
Moreover, these developments are expected to strengthen the market presence of the suppliers by enabling them to offer a diverse product portfolio in the market. Thus, the factors mentioned above are likely to fuel the growth of the market trends during the Market forecasting period.
Health hazards due to exposure to fluorosilicic acid affect the growth of the market. Exposure to fluorosilicic can lead to many health risks. For example, inhaling fluorosilicic acid can cause respiratory damage, including severe irritation and lung edema. Other health problems from exposure to fluorosilicic acid include irritation of the nose and eyes, sore throat, cough, and chest tightness.
In addition, fluorosilicic acid must be stored properly to prevent leakage from storage devices. Therefore, additional safety measures that need to be taken during the production of fluorosilicic acid may increase the price of the acid, which in turn is expected to hinder the growth of the market during the period. forecast.
The market growth analysis report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market growth and forecasting report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
J.R. Simplot Co.: The company offers fluorosilicic acid used in oxygen-sensitive applications such as metal production.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Water fluoridation is estimated to witness significant growth during the forecast period. The reasonable cost and high purity make it a popular additive for water fluoridation. In addition, fluorosilicic acid is increasingly used for water fluoridation. For example, according to the American Water Works Association Standards Committee on Fluorides, the sources of fluoride products such as fluorosilicic acid used for water fluoridation in the US such as approximately 90 percent are produced during the process of extracting phosphate from phosphoric ore, approximately 5 percent comes from the production of hydrogen fluoride or sodium fluoride, and approximately 5 percentage comes from the purification of high-quality quartz.
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Water fluoridation was the largest segment and was valued at USD 182.20 million in 2018. In addition, there is rising investment in water treatment plants across the globe. The governments of various countries, such as the US, the UK, and China, among others, are investing in water treatment plants. For example, the US government announced an investment of more than USD 57 million in March 2023 to upgrade drinking water infrastructure in the New England states. Thus, such developments are expected to propel the growth of the water fluoridation segment of the market during the forecast period.
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APAC is estimated to contribute 62% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Due to the factors such as the rising adoption in various applications such as water fluoridation, chemical manufacturing, metal surface treatment, hide processing, and others, the market is expected to grow significantly in this region.
Furthermore, chemical manufacturers are using fluorosilicic acid to meet metal surface treatment needs. Thus, the investment in the chemical manufacturing industry is increasing. for example, according to the Indian Ministry of Chemicals and Fertilizers, a massive investment of USD 107.38 billion is expected in the chemical manufacturing sector by 2025. Hence, the growing investment in the chemical production industry is expected to fuel market growth in the region over the forecast period.
The market report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Million" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments
In the realm of commercial applications and consumer products, innovations in toothpastes integrate diverse elements such as radioactive elements for enhanced dental health. Industries utilize wood preservatives and neutralizing agents like ceramic compounds to prolong material longevity. From animal hides treated with commercial detergents to industrial uses of cryolite and fluorosilicates in manufacturing processes, these chemicals play critical roles in various sectors across the RoW. Economic factors such as disposable incomes and changing lifestyles influence demand for products ranging from fumigation services to advanced sterilization technologies. Companies like Eti, Liaoning Jiayuan, Searles, and Mosaic lead in supplying solutions such as Weaver Fertilizer to support agriculture and cement manufacturing needs. Policy frameworks from organizations like the Council on Energy and Water Resources guide sustainable practices in construction and smart cities, shaping the future landscape of development. The intersection of educational and cultural organizations further underscores the integration of science and societal needs in advancing global progress.
Market Scope |
|
Report Coverage |
Details |
Page number |
173 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.08% |
Market growth 2024-2028 |
USD 174.3 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
6.48 |
Regional analysis |
APAC, Europe, Middle East and Africa, North America, and South America |
Performing market contribution |
APAC at 62% |
Key countries |
China, India, South Korea, France, and US |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
American Elements, Avantor Inc., Buss ChemTech AG, Dongyue Group Ltd., Foshan Nanhai Shuangfu Chemical Co. Ltd., Fujian Kings Fluoride Industry Co. Ltd., Henan Yellow River New Material Technology Co. Ltd., Honeywell International Inc., Hydrite Chemical Co., J.R. Simplot Co., Jiangxi Chinafluorine Chemical Co. Ltd., KC Industries LLC, Lanxess AG, Merck KGaA, Minersa Group, Mitsubishi Chemical Group Corp., RXChemicals, Solvay SA, Thermo Fisher Scientific Inc., and Zhejiang Sanmei Chemical Ind. Co. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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