Market Overview:
The global potassium fluoborate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for potassium fluoborate from the metallurgical industry and chemical industry. In terms of volume, Asia Pacific is expected to lead the global potassium fluoborate market during the forecast period.
Product Definition:
A white, water-soluble powder that is used as a flux in soldering and brazing.
Reagent Grade Potassium Fluoborate:
Potassium fluoborate is a chemical compound used as an additive in potassium salts, such as KF, KPO4, and others. It has the formula (K Fluoborat)2BF4.1It is a white solid that dissolves in water or alcohol; it's solutions are highly basic with a pH of 7.5-8.2.
Technical Grade Potassium Fluoborate:
Technical grade potassium fluoborate is a highly soluble white crystalline compound, which is used as an additive for the manufacturing of pharmaceutical and personal care products. It has applications in toothpaste, mouthwashes & oral rinses, liquid soaps & detergents, bath salts & lotions and other technical products. The product helps to increase the stability of technical formulations by controlling chemical reactions that may affect other ingredients.
Application Insights:
The other application segment includes food and beverages, pharmaceuticals, personal care and cosmetics. In 2017, the metallurgical industry accounted for the largest share in terms of revenue as well as volume. The chemical segment is expected to be one of the fastest growing segments over the forecast period owing to increasing demand from various end-use industries such as metal treatment plants and refineries coupled with high product penetration in these applications.
Potassium fluoborate has been used for decades by several major players across all end-use industries due to its superior performance characteristics when compared with other chemicals currently available in the market.
Regional Analysis:
Asia Pacific was the largest market for potassium fluoborate, accounting for a revenue share of over 45% in 2017. The region is expected to continue its dominance over the forecast period owing to rising demand from various end-use industries such as metallurgical and chemical. In addition, increasing production of steel in China and India on account of growing domestic consumption coupled with low manufacturing cost is anticipated to drive product demand further.
China has been one of the major producers and consumers of potassium fluoride since 2010 due to high production levels coupled with large reserves located within the country. However, recently there has been a decline in production levels which may hamper future product demands from Chinese metallurgy industry leading to lower sales volumes; however this scenario will depend upon market conditions.
In terms of revenue, Europe accounted for 23rd position globally in 2017 owing mainly to higher foreign than domestic consumption across several countries including Russia and Germany.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for potassium fluoborate as a fluxing agent is expected to drive the market growth.
- Growing application of potassium fluoborate in glass manufacturing is another key factor that is anticipated to fuel the market growth over the forecast period.
- Rising demand for potassium fluoborate from various end-use industries such as automotive, aerospace, and defense is likely to propel the market growth in future.
- Stringent environmental regulations pertaining to emissions are projected to create opportunities for potassium fluoborate manufacturers in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Potassium Fluoborate Market Research Report
By Type
Reagent Grade Potassium Fluoborate, Technical Grade Potassium Fluoborate
By Application
Metallurgical Industry, Chemical, Other
By Companies
Solvay, AMG Aluminum, Harshil Industries, Skyline Chemical, Jiuding Fluorin Chemicals, Hunan Guangcheng Chemical Industry, Henan Kingway Chemicals, S.B. Chemicals, Triveni Chemicals, Solvay
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Potassium Fluoborate Market Report Segments:
The global Potassium Fluoborate market is segmented on the basis of:
Types
Reagent Grade Potassium Fluoborate, Technical Grade Potassium Fluoborate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Metallurgical Industry, Chemical, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Solvay
- AMG Aluminum
- Harshil Industries
- Skyline Chemical
- Jiuding Fluorin Chemicals
- Hunan Guangcheng Chemical Industry
- Henan Kingway Chemicals
- S.B. Chemicals
- Triveni Chemicals
- Solvay
Highlights of The Potassium Fluoborate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Reagent Grade Potassium Fluoborate
- Technical Grade Potassium Fluoborate
- By Application:
- Metallurgical Industry
- Chemical
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Potassium Fluoborate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Potassium fluoborate is a white, crystalline powder that is used in pharmaceuticals and as a food additive. It is also used in the production of fireworks.
Some of the major companies in the potassium fluoborate market are Solvay, AMG Aluminum, Harshil Industries, Skyline Chemical, Jiuding Fluorin Chemicals, Hunan Guangcheng Chemical Industry, Henan Kingway Chemicals, S.B. Chemicals, Triveni Chemicals, Solvay.
The potassium fluoborate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Potassium Fluoborate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Potassium Fluoborate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Potassium Fluoborate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Potassium Fluoborate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Potassium Fluoborate Market Size & Forecast, 2020-2028
4.5.1 Potassium Fluoborate Market Size and Y-o-Y Growth
4.5.2 Potassium Fluoborate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Reagent Grade Potassium Fluoborate
5.2.2 Technical Grade Potassium Fluoborate
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Metallurgical Industry
6.2.2 Chemical
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Potassium Fluoborate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Potassium Fluoborate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Reagent Grade Potassium Fluoborate
9.6.2 Technical Grade Potassium Fluoborate
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Metallurgical Industry
9.10.2 Chemical
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Reagent Grade Potassium Fluoborate
10.6.2 Technical Grade Potassium Fluoborate
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Metallurgical Industry
10.10.2 Chemical
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Reagent Grade Potassium Fluoborate
11.6.2 Technical Grade Potassium Fluoborate
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Metallurgical Industry
11.10.2 Chemical
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Reagent Grade Potassium Fluoborate
12.6.2 Technical Grade Potassium Fluoborate
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Metallurgical Industry
12.10.2 Chemical
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Reagent Grade Potassium Fluoborate
13.6.2 Technical Grade Potassium Fluoborate
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Metallurgical Industry
13.10.2 Chemical
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Potassium Fluoborate Market: Competitive Dashboard
14.2 Global Potassium Fluoborate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Solvay
14.3.2 AMG Aluminum
14.3.3 Harshil Industries
14.3.4 Skyline Chemical
14.3.5 Jiuding Fluorin Chemicals
14.3.6 Hunan Guangcheng Chemical Industry
14.3.7 Henan Kingway Chemicals
14.3.8 S.B. Chemicals
14.3.9 Triveni Chemicals
14.3.10 Solvay
