Fluorosilicic Acid Market size is forecast to reach $1.2 billion by 2025 after growing at a CAGR of 5.8% during 2020-2025. Fluorosilicic acid is an organic liquid produced as a by-product of hydrogen fluoride and phosphoric acid production. It is generally used for fluoridation of water to maintain fluoride level in water by municipal corporations and in toothpaste.
Fluorosilicic Acid Market Segment Analysis – By Concentration
40% grade held the largest share in the fluorosilicic acid market in 2019. The 40% grade is used as fluoridation agents for drinking water. It has been used in the manufacture of pure silicon, as a gelling agent in the production of moulded latex foam, and as a fluorinating agent in organic synthesis to convert organodichlorophosphorus compounds to the corresponding organodifluorophosphorus compound. 40% grade fluorosilicic acid is used in the tanning of animal hides and skins, in ceramics and glass, in technical paints, in oil well acidizing, in the manufacture of hydrogen fluoride, for the sterilization of equipment, and in electroplating. It is also employed as an impregnating ingredient to preserve wood and harden masonry and for the removal of mould as well as rust and stain in textiles. These factor will drive the growth of market in the forecast period.
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Fluorosilicic Acid Market Segment Analysis – By Application
Water Fluoridation held the largest share in the fluorosilicic acid market in 2019. It is used in public water treatment plants for lessening in dental caries by regulating the fluoride content of public water supplies. It is added to water treatment plants to give a total fluoride F level of which has been recognized as active component for reducing tooth decay, thereby fueling product demand. Governmental regulations in the U.S. and Europe are compelling the municipal corporations to use fluorosilicic acid as fluoridating agent for public drinking water. Researchers have identified that a controlled level of fluoride in the water effectively prevents cavities and tooth decay. Community water fluoridation is one of the most effective and economical methods to supplement water with fluoride to prevent tooth cavities. Moreover, fluorosilicic acid is predominantly used in the water fluoridation process as a fluoride additive. Therefore, the growing demand for water fluoridation is expected to drive the growth of the fluorosilicic acid market during the forecast period.
Fluorosilicic Acid Market Segment Analysis – By End Use
Building and construction sector held the largest share in the fluorosilicic acid market in 2019 with a share of 7.7%. The growth of fluorosilicic acid can be taken as directly proportional to the growth of construction industry. By 2020, construction output is estimated to grow by 70% to $12.7 trillion and will account for 14.6% of the world output with some of the larger emerging markets such as China, India, Russia, Brazil and Poland driving growth, along with U.S. Global GDP growth of 3.5% and 3.6% is expected in 2017 and 2018 respectively however the meteoric growth that outpaces global GDP will be concentrated in countries like China, India and U.S. India will overtake Japan as the third-largest construction market with annual growth averaging 7.4% annually in construction. This factor will drive the growth of building and construction industry in the forecast period.
The coronavirus pandemic has had far-reaching consequences beyond the spread of the disease and efforts to quarantine it. Many factories worldwide have been shut down during this pandemic which will cause shortages or delays in building material resulting in slowdown in construction activity. Thus impacting the fluorosilicic acid demand from the application industry.
Fluorosilicic Acid Market Segment Analysis – Geography
APAC dominates the fluorosilicic acid market with a share of 41% followed by North America and Europe. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India, but with growing foreign direct investment for economic development of South East Asia, the current scenario is changing. Countries in South East Asia are witnessing high growth in the textile sector. The significant impacting factors in the textile industry include development of apparel industries due to increasing in demand for consumers and growth in population. Along with these factors, the market is influenced by the increase in demand for home furnishing products, evolution of environmental friendly chemicals required by textiles industries, and development of packaging industries, which require large textile chemicals. The above-mentioned factors collectively create opportunities for the market growth. On-going advancements in the textile industry due to innovative efforts have further enhanced the application of fluorosilicic acid. These factor will drive the growth of market in the forecast period.
Fluorosilicic Acid Market Drivers
Increasing Adoption of Etched Glass Products will drive the growth of market
Fluorosilicic acid is one of the widely used abrasive compounds in the glass industry for glass etching applications. Etched glass products are commonly used in the building and construction industry. A major factor encouraging the growth of the global decorative glass market is the increase in the demand for glass products in commercial and residential buildings. Hence, etched glass products are gaining popularity due to their aesthetic appearance as well as energy savings from reduced electricity consumption. Also, glass provides thermal and sound insulation and allows the control of solar radiation. Therefore, the increasing demand for etched glass products. This factor will drive the growth of market in the forecast period.
Rising demand of fluorosilicic acid in fluoridation of drinking water and toothpaste is expected to drive the market
Fluorosilicic acid is an organic liquid produced as by-product of hydrogen fluoride and phosphoric acid production. It is generally used for fluoridation of water to maintain fluoride level in water by municipal corporations and in toothpaste. Maintaining fluoride levels helps in preventing tooth decay. Being a liquid, fluorosilicic acid is easy to handle and plant operators does not have to handle the fine powder which may create occupational hazards. Several regulatory bodies and dental associations, such as the American Dental Association, the American Academy of Pediatrics, and the World Health Organization recommend water fluoridation to prevent tooth cavities. Water fluoridation is preferred in regions where the natural fluoride levels in fresh and groundwater are low. Fluorosilicic acid is generally used in water fluoridation process to supplement the water with fluoride. With the increasing demand for water fluoridation, the demand for fluorosilicic acid will also grow. These factors are expected to fuel the growth of the fluorosilicic acid market.
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Fluorosilicic Acid Market Challenges
Corrosive nature and fuming property of concentrated fluorosilicic acid will hinder the growth of market
The corrosive nature and fuming property of concentrated fluorosilicic acid especially above 20% concentration may hamper the market growth. The acidic nature of this compound leaches the lead and arsenic from water delivery plumbing. Additionally, it is a byproduct of phosphate fertilizer industry and claimed to be contaminated with heavy metals and radioactive elements. Other disadvantageous it a hazardous chemical, when touch with body cause burn to the skin. Inhalation may result in spasm, inflammation and oedema of the larynx and bronchi, chemical pneumonitis and pulmonary oedema. This factor will hinder the growth of market in the forecast period.
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the fluorosilicic acid market. In 2019, the market of fluorosilicic acid has been consolidated by the top five players accounting for xx% of the share. Major players in the fluorosilicic acid Market are Liaoning Jiayuan, Fencheng Chemical, Searles, Dalian Junma Group, Mosaic, and Others.
Acquisitions/Technology Launches/Product Launches
In July 2019, Clax Super launched its product 61A3 Neutralizer-rust remover. This product is intended to be diluted prior to use uses advised against. The product, when diluted as stated on the label, is not classified as hazardous.
APAC dominates the fluorosilicic acid market owing to increasing demand from textile industry.
The growing demand for water fluoridation is expected to drive the growth of the global fluorosilicic acid market during the forecast period.
The corrosive nature and fuming property of concentrated fluorosilicic acid limiting its usage is the key restraint for the growth of fluorosilicic acid market.
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