Sodium Fluoride Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI2292
Sodium Fluoride Market Size is likely to witness steady growth from 2016 to 2024 due to rising demand for dental products.
Sodium fluoride is a toxic inorganic compound of sodium and fluorine denoted by chemical formula NaF. It is a colorless crystalline powder or solid, manufactured by neutralizing hydrofluoric acid or hexafluoro silicic acid with sodium hydroxide It is deployed as a source of fluoride ion for several applications including dental products, water treatment, insecticide & pesticide, pharmaceuticals, preservatives, reagent, glass etchant, etc. It is toxic owing to fluoride content and in case of over dosage will cause poising. Some of the common disease are weakness, nausea, stomach pain, vomiting, cardiac arrhythmia, nervous system disorder, skeletal and dental fluorosis, etc.
Water treatment application provides vast opportunities for sodium fluoride market growth owing to increasing demand of pure and potable water. The product acts as an anticoagulant which dissociate into fluoride and sodium ion and break coagulating compounds into filterable compounds. The water treatment industry will witness rapid rise in demand owing to government regulation regarding treatment of waste water before discharging into the water bodies. This will support the growth of water treatment substances which in turn will help the sodium fluoride market to flourish.
The use of sodium fluoride in dental products will be a profitable quotient for the product market owing to its use in toothpaste, mouthwash, etc. The product is also added to municipal drinking water to sustain dental health. The fluoride ion improves the strength of tooth enamel and provide resistance from acids and bacteria by forming fluorapatite. Sodium fluoride is also used as a preservative which hinders the growth of fungi, bacteria and other microorganism that cause food to decay. It is also used as a reagent in manufacturing of hydrocarbons and other metals.
The use of sodium fluoride in pharmaceutical application will also contribute to the market growth owing to the products use as a fluoride-18 tablet in medical imaging in positron emission tomography and radiopharmaceutical for skeletal imaging. The primary factor that will hinder the market growth is the toxicity of sodium fluoride which will cause health hazard and limit the use of the product in various application.
Based on grade, product market is categorized as technical, pharmaceutical, lab and others including food, agriculture, optical grade, etc. Lab grade includes applications such as reagents, and catalyst whereas pharmaceutical grade is used in medicines, dental products and for medical imaging. The other minor segment includes food grade used as a preservative. The technical grade of product is likely to show an upward trend in forecast timeframe owing to rising product demand as a water treatment chemical, in pesticides and insecticides, electroplating, foundry flux, etc.
Based on application, the market is categorized as dental products, water treatment, insecticides & pesticides, pharmaceuticals, and others including reagent, pH controller, glass etchant, preservatives, etc. Among all, the global sodium fluoride market will be led by pharmaceutical applications owing to increase in health awareness and diseases which will upsurge the product demand for medical imaging and medicine. Owing to rapid increase in population, farmers are trying to enhance the crop quality and productivity. This will increase the use of insecticides and pesticides which will in turn increase the product demand for use in agrochemicals and will propel the sodium fluoride market
Asia Pacific is likely to have significant market share owing to high demand of dental products such as toothpaste, mouthwash, and others which can be attributed to its large population. Rapid industrialization in developing countries such as India, Japan, China etc. coupled with stringent government regulations to treat residential as well as industrial waste water will boost product demand for use in waste water treatment plants.
The key participants in the market are Solvay, Prayon, Honeywell, ORICA Chemicals, Merck KGaA, Crystran, Hunan Guangcheng Chemical Industry Development Co. Ltd, Spectrum Chemical MFG Corp., Fluorochemicals, Do-Fluoride Chemicals Co. Ltd (DFD), American Elements, Avantor, Jay Intermediates and Chemicals, Shandong Xingfu New Material Co., Ltd, and Anron Chemical Co.
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