Fluorosilicic Acid Market Size

Fluorosilicic Acid Market Size

Fluorosilicic Acid Market size exceeded USD 365 million in 2020 and is estimated to grow at a CAGR of 8% from 2021 to 2027 owing to the rising ground water and surface water pollution that will boost the requirement for water treatment.

Fluorosilicic acid is an organic colourless fuming liquid with a penetrating pungent odour. It is produced as a by-product of hydrogen fluoride and phosphoric acid production. Fluorosilicic acid is usually disposed by converting it into inert harmless waste products by neutralization it with limestone or milk of lime.

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The acid is commercially available as an aqueous solution by up to 70% in chemically pure-grade and technical-grade. It is used in hardening cement & ceramic, water fluoridation, and as a wood preservative. It is also widely used in various applications, which include water fluoridation in water treatment plants, textile, metal processing, electroplating, and oil well acidizing.

Additionally, fluorosilicic acid is deployed in different applications such as sterilization, commercial laundry, neutralizing agent, and in rust removing. The rising demand from the textile industry is further expected to boost the fluorosilicic acid market growth due to its use for removal of stain and rust from fabrics. Cost-effectiveness, high-quality & environment friendliness of the product, easy availability of raw materials, and upgrading of production facilities will foster market growth.

Furthermore, the steady expansion of the market, intensification of customer relations, and a sharp & sustainable surge in brand and customer connect initiatives will enhance the product adoption rate. Product launches and strategic partnerships are anticipated to be the key strategies implemented by industry participants to expand their market presence and gain a strong foothold in the global market.