LONDON--(BUSINESS WIRE)--The global fluorosilicic acid market 2019-2023 is expected to post a CAGR of over 6% during the forecast period, according to the latest market research report by Technavio.
Water fluoridation is preferred in regions where there is a low level of natural fluoride in fresh and groundwater. 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 global fluorosilicic acid market during the forecast period.
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As per Technavio, the increasing adoption of etched glass products will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.
Global Fluorosilicic Acid Market: Increasing Adoption of Etched Glass Products
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 is anticipated to positively impact the growth of the global fluorosilicic acid during the forecast period.
“Apart from increasing adoption of etched glass products, rising industrialization and economic growth in emerging countries along with the revival of the oil and gas industries are some other major factors that will boost market growth during the forecast period,” says a senior analyst at Technavio.
Global Fluorosilicic Acid Market: Segmentation Analysis
This market research report segments the global fluorosilicic acid market by application (water fluoridation, chemical manufacturing, metal surface treatment and electroplating, hide processing, and others) and geographical regions (North America, Europe, APAC, South America, and MEA).
The North American region led the market in 2018, followed by Europe, APAC, South America, and MEA respectively. However, during the forecast period, the APAC region is expected to register the highest incremental growth due to the strong presence of chemical, textile, and leather industries.
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Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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