This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Fluoroboric Acid Market

Fluoroboric Acid Market By Product Type(Hydrogen Tetra-Fluoborate, Tetrafluoroboric Acid, Fluoboric Acid 50%), Grade(Industrial-Grade Pharmaceutical Grade), Application(Pharmaceuticals, Chemicals, Electroplating) & Region - Forecast 2022-2032

Market Insights on Fluoroboric Acid covering sales outlook, demand forecast & up-to-date key trends

Fluoroboric Acid Market Overview

The fluoroboric acid market is projected to register a CAGR of 3.15% during the forecast period, up from US$ 2.12 Bn in 2021 to reach a valuation of US$ 3 Bn by 2032.

Due to increasing competition, the fluoroboric acid market is expected to exhibit excellent development possibilities throughout the projected period. New rivals are giving a range of solutions at competitive prices to meet the worldwide demand for fluoroboric acid, making it more accessible to customers.

Report Attribute

Details

Estimated Base Year Value (2021)

US$ 2.12 Billion

Expected Market Value (2022)

US$ 2.19 Billion

Anticipated Forecast Value (2032)

US$ 3 Billion

Projected Growth Rate (2022-2032)

3.15% CAGR

Sales of fluoroboric acid are expected to rise significantly. In addition to this, demand for fluoroboric acid is rising on account of US$ 2.5 Bn by 2026. Increasing demand for fluoroboric acid is also projected to contribute to the growth of the fluoroboric acid market share.

Manufacturers in the fluoroboric acid market have access to a large platform from which to service the demand for fluoroboric acid market. The global fluoroboric acid market is becoming more competitive. As competition intensifies, new rivals are offering several solutions at competitive prices, making sales of fluoroboric acid easily accessible to customers.

The business models, major strategies, and respective fluoroboric acid market shares of some of the most notable companies in this sector are all examined in depth in this fluoroboric acid market report. 

The comprehensive analysis includes demand for fluoroboric acid market statistics in terms of revenues, segment-by-segment data, region-by-region data, and country-by-country data, as well as an in-depth commentary on the main affecting variables on sales of fluoroboric acid. This report is one of the most thorough documents available on the fluoroboric acid market.

Customize this Report

Let us know your requirement to get
100% FREE customization

What are the Key Drivers Contributing to the Fluoroboric Acid Market Share?

The usage of inorganic compounds such as fluoroboric acid is expected to expand steadily during the next few years all over the world. The increased popularity of this chemical across numerous applications such as electroplating, pharmaceuticals, and laboratory reagents, among others, is projected to boost the worldwide demand for fluoroboric acid.

The increasing sales of fluoroboric acid are due to being used as a raw material or chemical intermediary in the synthesis of numerous chemical compounds, such as pharmaceuticals, etherifying cellulose, and acetals, which is projected to drive increased demand for fluoroboric acid shortly.

Furthermore, the sales of fluoroboric acid in pharmaceutical formulations are expected to provide a solid foundation for the fluoroboric acid market to develop rapidly in the future years. However, because fluoroboric acid is a very dangerous chemical compound, government-issued licenses are necessary to manufacture it, and the restricted production and sales of fluoroboric acid are expected to be a hindrance to the fluoroboric acid market share throughout the projection period.

Which Region holds the Highest Growth Potential in the Fluoroboric Acid Market?

Due to the rapid increase in sales of fluoroboric acid in the chemical sector of the region's growing economies, such as China and India, the Asia Pacific is expected to account for a large part of the fluoroboric acid market consumption at present.

Demand for fluoroboric acid is increasing due to its use in a variety of applications, such as chemicals and pharmaceuticals, which is expected to increase sales of fluoroboric acid in the area throughout the forecast period.

Since well-established research and development centers in the pharmaceutical and healthcare industries, the worldwide fluoroboric acid market in North America and Europe is expected to rise at a significant rate during the projected period.

Furthermore, the sales of fluoroboric acid in Latin America are expected to develop at a healthy rate throughout the forecast period, owing to rising chemical consumption. In addition, the Middle East and Africa are expected to see a modest expansion in demand for fluoroboric acid as a result of the establishment of new research and development centres and laboratories for chemical formulation.

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Who are the Key Players in the Fluoroboric Acid Market?

Atotech USA, Inc., General Chemical Corp., Johnson Matthey, Inc., OMG Fidelity, Inc., Ozark Fluorine Specialities, Inc., Solvay Fluorides, LLC, Derivados del Flúor (DDF), JAY INTERMEDIATES AND CHEMICALS, S. B. Chemicals, Shangrao Comprehensive Fluoride Chemical, Harshil Fluoride, Jiangxi Qucheng Chemical Co., Ltd., Shandong Xingfu New Material, Jiangxi Dongyan Pharmaceutical Industry, SB Chemicals, Nantong Jinxing Fluorides Chemical are some of the leading participants in the fluoroboric acid market

Recent Developments in the Fluoroboric Acid Market:

  • BASF SE stated in March 2021 that all grades of formic acid in North America will see a price rise of USD 0.05 per pound.
  • Hydrofluoric acid is used to make fluoride, fluoropolymers, and fluorosurfactants, among other fluorinated derivatives. The fluorides Na3AlF6 and AlF3 are the most common fluorides generated by hydrofluoric acid. As a result of the developing aluminium sector, they are in great demand.

Scope of Report

Report Attribute

Details

Growth rate

CAGR of 3.15% from 2022 to 2032

Base year for estimation

2021

Historical data

2014 - 2020

Forecast period

2022 - 2032

Quantitative units

Revenue in USD Billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis,

Segments covered

Product Type, Grade, Application, Region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

  • Atotech USA, Inc.
  • General Chemical Corp.
  • Johnson Matthey, Inc.
  • OMG Fidelity, Inc.
  • Ozark Fluorine Specialities, Inc.
  • Solvay Fluorides, LLC
  • Derivados del Flúor (DDF)
  • JAY INTERMEDIATES AND CHEMICALS
  • S. B. Chemicals
  • Shangrao Comprehensive Fluoride Chemical
  • Harshil Fluoride
  • Jiangxi Qucheng Chemical Co., Ltd.
  • Shandong Xingfu New Material
  • Jiangxi Dongyan Pharmaceutical Industry
  • SB Chemicals
  • Nantong Jinxing Fluorides Chemical

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail of customized purchase options to meet your exact research needs.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Key Segments For Fluoroboric Acid Market

By Product Type:

  • Hydrogen Tetra-Fluoborate
  • Tetrafluoroboric Acid
  • Fluoboric Acid 50%

By Grade:

  • Industrial-Grade
  • Pharmaceutical Grade

By Application:

  • Pharmaceuticals
  • Chemicals
  • Electroplating
  • Others

By Region:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Frequently Asked Questions

The fluoroboric acid market is likely to register a CAGR of 3.15% during the forecast period.

Key players holding substantial fluoroboric acid market share include Atotech USA, Inc., General Chemical Corp., Johnson Matthey, Inc., OMG Fidelity, Inc., Derivados del Flúor (DDF) and many more.

As per the analysis, the fluoroboric acid market share is likely to be US$ 3 Bn by 2032.

Demand for fluoroboric acid is expected to develop at a healthy rate throughout the forecast period, owing to rising chemical consumption.

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst
List of Charts

NA

Need specific information?

Request Customization

Explore Chemicals & Materials Insights

View Reports
Google translate

Fluoroboric Acid Market