Global Inorganic Fluorides Market Size By Type (Ammonium Hydrogen Fluoride, Calcium Fluoride, Hydrogen Fluoride), By End User (Aluminum Industry, Oil & Gas Industry, Pharmaceuticals), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Inorganic Fluorides Market Size And Forecast

Inorganic Fluorides Market size is expected to reach USD 7.78 Billion by 2031, growing at a CAGR of 6.34% from 2024 to 2031.

Pharmaceutical intermediates, synthetic resins, rubber accelerators, fragrances, crop protection chemicals, and insecticides are all made with these compounds, which is expected to drive the worldwide inorganic fluorine compounds market. The Global Inorganic Fluorides Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Inorganic Fluorides Market Definition

Fluoride, that's just the fluorine ion, or F-, doing its thing. You know, like in compounds such as calcium fluoride, sodium fluoride, aluminium fluoride, potassium fluoride, and magnesium fluoride. It even teams up with metals to form bifluorides sometimes! You can find these fluoride ions hanging out in different minerals, like fluorite. Fun factsodium fluoride was the first chemical people used to fluoridate things. These fluoride salts are super useful, popping up as crucial chemical reagents and in all sorts of industrial processes. Think about it, hydrogen fluoride is key for making fluorocarbons! Now, when it comes to our bodies, fluoride is the most bioavailable form of fluorine. Plus, it's a really important micronutrient – it helps keep our teeth strong by preventing cavities and it's even used to help bones grow! Learn more about fluoride. Fluoride is a valuable resource.

To prevent or minimise tooth decay, fluoride is added to municipal water sources and dental products such as toothpaste. Fluoride is primarily consumed by drinking water and the use of fluoridated dental products, with water fluoridation accounting for 30 to 70 percent of a typical person’s total exposure. Fluoride is utilised in both consumer and commercial products, such as cleaning supplies. Workers in several occupations may be exposed to fluoride by inhalation of fluoride compounds during work.

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Global Inorganic Fluorides Market Overview

Think of inorganic fluorine compounds as the building blocks for a lot of cool stuff! They're used to create everything from pharmaceutical intermediates and synthetic resins to rubber accelerators, fragrances, and even crop protection chemicals and insecticides. Because of this, the market for these compounds is expected to grow. The iron and steel industry is a major consumer, relying on them as a flux in steel production, helping to lower the melting point. In fact, they use about 6 kg/t – 8 kg/t of these compounds for cast iron production, and they're also important in creating certain ferroalloys.

You know, fluoride isn't just about toothpaste! It's used to create cryolite (Na3AlF6), a key ingredient for making aluminium. And speaking of teeth, fluoride therapy – whether applied directly or taken internally – helps fight cavities. In the lab, scientists often use fluoride salts to stop certain enzymes called serine/threonine phosphatases from working, with phosphatase inhibitors like beryllium fluoride and aluminium fluoride doing the trick. Plus, bifluoride salts (HF2-), like ammonium bifluoride and potassium bifluoride, can even etch glass surfaces. And get thisinorganic fluorine compounds act as fluorinating agents, swapping out halogens in organic chemistry reactions, especially with aliphatic halides and unsaturated compounds. They’re also utilised in unsaturated compound reactions. They’re also utilised in unsaturated compound reactions.

Global Inorganic Fluorides Market Segmentation Analysis

The Global Inorganic Fluorides Market is segmented on the basis of Type, End User, and Geography.

Inorganic Fluorides Market, By Type

  • Ammonium Hydrogen Fluoride
  • Calcium Fluoride
  • Hydrogen Fluoride
  • Sodium Fluoride
  • Sulphur Hexafluoride

Global Inorganic Fluorides Market is segmented into Ammonium Hydrogen Fluoride, Calcium Fluoride, Hydrogen Fluoride, Sodium Fluoride and Sulphur Hexafluoride. Due to the increased demand for hydrogen fluoride in various speciality chemicals, the hydrogen fluoride type segment is expected to hold a major share of the market in the near future. Fluorocarbons, which are used in refrigeration and air conditioning, and as precursors to fluoropolymers and elastomers, are made from hydrogen fluoride as a raw material.

Inorganic Fluorides Market, By End User

  • Aluminum Industry
  • Oil & Gas Industry
  • Pharmaceuticals
  • Electronics

Global Inorganic Fluorides Market is segmented into Aluminum Industry, Oil & Gas Industry, Pharmaceuticals, and Electronics. The Aluminum Industry component is witnessing the highest market share with strong market growth during the forecast period in the global market. The Segment centres on the standing and opportunity for significant application value, market share, and growth valuation of each application.

Inorganic Fluorides Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

On the basis of regional analysis, the Global Inorganic Fluorides Market is classified into North America, Europe, Asia Pacific, and Rest of the world. Asia Pacific is estimated to account for a major share of the global market, owing to the presence of numerous glass and chemical companies in the region. The inorganic fluorine compounds market in China is anticipated to hold a prominent share of the market during the forecast period, due to the presence of several chemical industries in the country.

Key Players

The “Global Inorganic Fluorides Market” study report will provide valuable insight with an emphasis on the global market . The major players in the market are Solvay, Shanghai Mintchem Development Co, Navin Fluorine International Limited, Aditya Birla Group, Do-Fluoride Chemicals Co. Ltd, Sudfluor, Dakin, Honeywell, Dupont, Arkema. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Solvay, Shanghai Mintchem Development Co, Navin Fluorine International Limited, Aditya Birla Group, Do-Fluoride Chemicals Co. Ltd, & Others

SEGMENTS COVERED
  • By Type
  • By End-User
  • By Geography
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