“Global Sodium Fluoride Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which 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 2027. The 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 also known as florocid, 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 is 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.
Rising adoption for sodium fluoride in water and wastewater treatment application owing to increasing demand for pure and potable water across the globe, is a major factor expected to drive 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 growth of the target market in the next coming years. Moreover, increasing use of sodium fluoride as a chemical in synthesis and extractive metallurgy, is among some factors estimated to drive 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 growth of the global sodium fluoride market over the forecast period.
Increasing research and development in medical imaging application 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.
Analysis by Segment:
On the basis of type, the industrial grade segment is anticipated to register for 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 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 demand for sodium fluoride in medical applications.
Analysis by Region:
The Asia Pacific sodium fluoride market accounts for 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 highest growth rate in the target market over the forecast period. Rapid industrialization and increasing demand for dental care products are major factors driving growth of the sodium fluoride market in the region. The North America market is estimated to register for 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 government for research and development of waste water treatment applications in developed and developing countries, which in turn increase 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
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- 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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