Sodium Fluoride Market Report offers in-depth insights, revenue details, and other vital information regarding the global sodium fluoride market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2031.
The Sodium Fluoride Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global sodium fluoride market report has been segmented on the basis of type, application, and region.
Sodium Fluoride Market Overview:
“The Sodium Fluoride Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.
Sodium fluoride also known as florid, is an inorganic salt composed of sodium and fluorine. The chemical formula of sodium fluoride is NaF. Sodium fluoride is a colorless crystalline solid, odorless, and soluble in water.
Sodium fluoride is produced by the neutralization reaction of hydrofluoric acid or hexafluorosilicic acid using sodium hydroxide. It is used for various applications such as pharmaceutical, dental products, water treatment, insecticide, and others.
Sodium Fluoride Market Dynamics:
The rising adoption of sodium fluoride in water and wastewater treatment applications owing to increasing demand for pure and potable water across the globe is a major factor expected to drive the growth of the global sodium fluoride market over the forecast period.
In addition, increasing demand for the product in dental care products in order to prevent bacteria and improve the strength of tooth enamel is another factor anticipated to fuel the growth of the target market in the next coming years.
Moreover, increasing the use of sodium fluoride as a chemical in synthesis and extractive metallurgy is among some factors estimated to drive the growth of the potential market over the forecast period.
However, growing awareness and stringent government regulations and guidelines pertaining to the use of sodium fluoride are among the factors which may hamper demand for sodium fluoride and restrain the growth of the global sodium fluoride market over the forecast period.
Increasing research and development in medical imaging applications which in turn upsurge demand for sodium fluoride is expected to create a lucrative opportunity for growth of the global sodium fluoride market over the forecast period.
Sodium Fluoride Market Analysis by Segment:
On the basis of type, the industrial-grade segment is anticipated to register for a significant share in terms of revenue in the target market over the forecast period.
On the basis of application, the pharmaceutical segment is estimated to account for a major share in terms of value and volume in the target market during the forecast period.
This can be attributed to increasing health awareness and diseases which in turn will propel the demand for sodium fluoride in medical applications.
Sodium Fluoride Market Analysis by Region:
The Asia Pacific sodium fluoride market accounts for a major share in terms of revenue in the target market and is expected to maintain its dominance during the forecast period.
The Asia Pacific sodium fluoride market is projected to witness the highest growth rate in the target market over the forecast period. Rapid industrialization and increasing demand for dental care products are major factors driving the growth of the sodium fluoride market in the region.
The North American market is estimated to register a significant share in the global sodium fluoride market in terms of value and is projected to witness moderate growth in the next coming years followed by Europe.
Increasing interest and investment by the government in research and development of wastewater treatment applications in developed and developing countries, which in turn increases demand for sodium fluoride, is expected to fuel growth of the target market over the forecast period.
Market Segmentation and Key Players Operating in The Global Sodium Fluoride Market:
Segmentation on the basis of Type:
- Food Grade
- Pharmaceutical Grade
- Industrial Grade
Segmentation on the basis of Application:
- Dental Products
- Water Treatment
- Insecticides & Pesticides
- Others (Reagent, pH Controller, Glass Etchant, and Preservatives)
Segmentation on the Basis of Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Solvay SA
- Prayon S.A.
- Honeywell International Inc.
- Orica Limited
- Merck KGaA
- Crystran Ltd.
- Spectrum Chemical Manufacturing Corp.
- Do-Fluoride Chemicals Co., Ltd. (DFD)
- American Elements
- Avantor Inc.
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