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The global hexafluorosilicic acid market is expected to grow at a CAGR of 7% in the forecast period of 2024-2032.
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Based on application, the water fluoridation segment accounts for a significant share in the hexafluorosilicic acid industry. The demand for hexafluorosilicic acid for water fluoridation has been speculated to grow at a hefty pace over the forecast period. Hexafluorosilicic acid is used in public water cleaners to reduce tooth decay by controlling the fluoride content of the public water supply. Furthermore, it is used in the production of toothpastes to provide the total required amount of fluoride that is considered an effective component in reducing tooth decay, thereby accelerating product demand.
Region-wise, the Asia Pacific is expected to witness a robust growth over the forecast period. The growing chemical industry in the region has aided the market growth. The Asia Pacific hexafluorosilicic acid industry is led by China, India, and Japan. The hexafluorosilicic acid fabric treatment provides stain and oil resistance and durability, which is expected to accelerate the product demand in the textile industry. Moreover, the improving living standards, population growth, and the growing demand for clothing could further drive the textile industry growth in the region, thus, aiding the hexafluorosilicic acid industry.
Hexafluorosilicic acid is an inorganic compound represented by the formula H2SiF6. It is a colourless liquid, especially encountered as a diluted aqueous solution. Hexafluorosilicic acid has a pungent odour and characteristic sour taste. It can be naturally found in volcanoes on a large scale. It is produced as a coproduct in the production of phosphate fertilisers.
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By application, the market is divided into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Hexafluorosilicic acid is widely used in oral care products such as toothpaste, mouth wash, floss, and others. Moreover, increasing consumer awareness about oral problems such as gingivitis, irritation of the teeth, and bleeding gums has significantly contributed to the growth of the market. Hexafluorosilicic acid strengthens weak areas and exposed roots and helps prevent the early stages of tooth decay. The new product launches, rising disposable incomes, and increasing focus on oral hygiene have stimulated the product demand.
Over the forecast period, the increased demand for the product in the textile industry to remove stains and rust from fabrics is likely to encourage the growth of the hexafluorosilicic acid industry further.
The report gives a detailed analysis of the following key players in the global hexafluorosilicic acid market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global hexafluorosilicic acid market is projected to grow at a CAGR of 7% between 2024 and 2032.
The major drivers of the market include the new product launches, rising disposable incomes, increasing focus on oral hygiene, growing chemical industry, improving living standards, population growth, and the growing demand for clothing.
The increasing consumer awareness about oral problems and increased demand for the product in the textile industry to remove stains and rust from fabrics are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
By application, the market is divided into chemical intermediate, metal surface treatment, water fluoridation, wood preservation, glass additive, and ceramic hardening, among others.
The major players in the industry are Solvay SA, Honeywell International Inc., NAPCO Chemical Company, KC Industries LLC, and Gelest, Inc., among others.
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