Hexafluorosilicic Acid Market Size, Share & Industry Analysis, By Application (Chemical Intermediate, Metal Surface Treatment, Water Fluoridation, Wood Preservation, Glass Additive, Ceramic Hardening, Others) Others and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI102170 | Status : Ongoing

KEY INDUSTRY INSIGHTS

The hexafluorosilicic acid also called fluorosilicic acid or hydroflurosilicic acid is an inorganic compound with a revealing sour taste and pungent smell. It is a colorless liquid with the chemical formula H2SiF6. Hexafluorosilicic acid is produced as a co-product during the manufacture of phosphate fertilizers. Fluorosilicic acid is used in toothpaste to prevent tooth decay, and by municipal corporations to maintain fluoride levels in water. The majority of the acid is converted to aluminium fluoride and synthetic cryolite which are essential materials required for the conversion of aluminium ore into aluminium metal.

On the basis of application, global hexafluorosilicic acid market can be segmented into chemical intermediate, metal surface treatment, water fluoridation, wood preservation, glass additive, ceramic hardening, and others. Among the application segment, water fluoridation occupies the major share of the hexafluorosilicic acid due to its high demand from municipal corporations, and water treatment plants for maintaining fluoride content in water. Regulations imposed by several nations on water treatment is increasing the demand for hexafluorsilicic acid.

Key Market Driver -

Increasing use in textile and chemical processing industries.

Key Market Restraint -

Harmful effects due to exposure to hexafluorosilicic acid.

The key market driver for the global hexafluorosilicic acid market is the increasing use of hexafluorosilicic acid in textile industries due to its stain and smudge removing properties. Additionally, fluorosilicic acid is in high demand from chemical processing industries as it is a raw material or an intermediate in several chemical manufacturing processes.

Key market restraint for the global hexafluorosilicic acid market is the harmful effects due to exposure to hexafluorosilicic. Hexafluorosilicic acid is corrosive, and exposure to it can cause burns on skin, eye irritation, and inhalation can result in difficulty in breathing. Effects like irregular heartbeat, nervous system disorder, blood vomiting, and diarrhea have been linked to prolonged exposure of hexafluorosilicic acid.

Market Segmentation:

Based on application, the market is segmented into Chemical Intermediate, Metal Surface Treatment, Water Fluoridation, Wood Preservation, Glass Additive, Ceramic Hardening, and Others.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:

Some of the notable companies in global cold flow improvers market are American Elements, Solvay, Redox Pty Ltd., Honeywell, NAPCO Chemical Company, Ixom, Mosaic, Gelest, KC Industries LLC, Stella Chemifa, and other key players.

Key Insights

Key Emerging Trends – For Major Countries

Key Developments: Mergers, Acquisition, Partnership, etc.

Latest Technological Advancement

Insights on Regulatory Scenario

Porters Five Forces Analysis

Regional Analysis:

The global hexafluorosilicic acid market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Asia-Pacific are expected to be the key regions in the hexafluorosilicic acid market. Asia-Pacific is anticipated to witness growth in demand for hexafluorosilicic acid due to the presence of large-scale application industries such as textiles. In North America, the primary reason for the growth in hexafluorosilicic acid market will be the regulations imposed by the government for treating water; hence the demand for hexafluorosilicic acid will increase.

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Europe is anticipated to observe a high demand for hexafluorosilicic acid due to the low levels of fluorides in groundwater. In Latin America, the growing steel and furniture industry will increase the demand for hexafluorosilicic acid for metal treatment and wood preservation purposes respectively, which is likely to drive the market in this region. The Middle East & Africa will observe rise in demand for hexafluorosilicic acid for water treatment application due to low availability of clean drinking water.

Segmentation

ATTRIBUTE	DETAILS
By Application	Chemical Intermediate Metal Surface Treatment Water Fluoridation Wood Preservation Glass Additive Ceramic Hardening Others
By Geography	North America (U.S. and Canada) Europe (UK, Germany, France, Italy, Spain, and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, and Rest of Asia Pacific) Latin America (Brazil, Argentina, Mexico, and Rest of Latin America) Middle East & Africa (South Africa, Saudi Arabia, and Rest of the Middle East & Africa)

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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