The fluorosilicic acid market is likely to witness notable growth over the coming years, driven by the rising adoption of water fluoridation. Growing concerns over public health and safe drinking water might drive the demand for water fluoridation in water treatment plants.
The fluorosilicic acid market is likely to witness notable growth over the coming years, driven by the rising adoption of water fluoridation. The process helps in maintaining the fluorine levels of water which leads to tooth decay problems. Growing concerns over public health and safe drinking water might drive the demand for water fluoridation in water treatment plants.
Several federal agencies in the European Union and the US are promoting the practice of using fluorosilicic acid across multiple municipal corporations. This would help citizens keep diseases like dental fluorosis at bay. Moreover, excessive consumption of fluoride in drinking water might lead to skeletal fluorosis which includes symptoms like joint pains and stiffness.
Fluorosilicic acid is capable of mitigating all these chronic diseases by maintaining safe fluoride levels in the water. With its use, municipals can provide clean water that is suitable for drinking and cooking purposes. Estimates suggest that the water fluoridation application segment could record a CAGR of nearly 5.5 percent by the end of 2025.
According to a report published by Global Market Insights Inc, the fluorosilicic acid market size might reach $1 billion by the year 2025. This growth can be attributed to some of the ongoing trends described below.
Promising opportunities across North America -
Rising consumer awareness over water-related diseases like skeletal or dental fluorosis could boost the demand for fluorosilicic and hydrofluorosilicic acid in North America. Forecasters claim that the Canadian and the US market might record gains at a 5.5 percent CAGR during the predicted timeframe.
Dental fluorosis is one of the most occurring diseases among children in the region. Usually, children have the habit of swallowing the toothpaste instead of spitting it out, which causes an abnormal rise of fluoride levels in the body. Consuming a healthy dose of fluoride supplements could avert the occurrence of such diseases.
As per the National Health and Nutrition Examination Survey, in the US, it was observed that the prevalence of dental fluorosis in adolescents was way higher than in adults. The peak age group which was most affected was 12-15 years.
Increasing demand across Europe -
The imposition of strict guidelines pertaining to the optimum fluoride levels in water and products could enhance the adoption of fluorosilicic acid in Europe. Earlier in 2018, the regional market had attained a valuation of over $190 million.
The EFSA had initiated certain limitations on the usage of fluoride in water treatment. The European Commission’s Scientific Committee on Consumer Safety had suggested a threshold level for fluorine use in oral care products.
Adoption of new-age business strategies
Established companies operating in the fluorosilicic acid industry such as Solvay, Mosaic, KC Industries, Sigma Aldrich and Gelest are concentrating on expanding their business operations all over the world by implementing strategies such as collaborations, acquisitions, product innovations, and innovative marketing campaigns.
Taking March 2020 for instance, the US based chemical and ingredient distributor, Univar Solutions Inc had completed the acquisition of some of Mosaic Company's assets. These assets were a part of its hydrofluorosilicic acid business.
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