What is Potassium Fluoride Market?
Potassium fluoride is a chemical compound having formula KF. It is a source of fluoride ion which is applicable in manufacturing and chemistry. The chemicals are used in manufacturing of raw materials and organic compounds of pharmaceuticals, pesticides and insecticides. It is processed by skilled professional for the enhanced reactive life. Moreover, the contact with potassium fluoride may develop skin burn and eye damage. It is manufactured by combining anhydrous hydrogen fluoride and potassium hydroxide solution.
Also Check deep dive analysis on " target="_blank">".Highlights from Potassium Fluoride Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Merck KGaA (Germany), Derivados del Flúor (Spain), American Elements (United States), SB Chemicals (India), Parchem fine & specialty chemicals (United States), Tokyo Chemical Industry Co., Ltd. (Japan), Tanfac Industries Ltd. (India), Yellow River Fine Chemical (China), Nantong Jinxing Fluorides Chemical (China) and Henan Kangtai (China) |
Research Analyst at AMA predicts that Asia Pacific Vendors will contribute to the maximum growth of Global Potassium Fluoride market throughout the forecasted period.
Merck KGaA (Germany), Derivados del Flúor (Spain), American Elements (United States), SB Chemicals (India), Parchem fine & specialty chemicals (United States), Tokyo Chemical Industry Co., Ltd. (Japan), Tanfac Industries Ltd. (India), Yellow River Fine Chemical (China), Nantong Jinxing Fluorides Chemical (China) and Henan Kangtai (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Jinsha (China) and Wuxi Ruiyuan Chemical Co., Ltd. (China). Potassium Fluoride Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Insecticides, Solder flux and Etching glass |
Type | Neutralizational Process, K2SiF Process, Fluorite Process and Others |
Form | Powder,Liquid |
Packaging type | HDPE bag with liner,HMHDPE drum with liner.,Fiber Board drum with liner |
Industry vertical | Agrochemicals,Electronic,Food,Industrial,Metal & Metallurgy,Pharmaceuticals |
On the basis of geography, the market of Potassium Fluoride has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Rising usage of potassium fluoride in glass etching is fuelling the market growth and Wide range of usage of potassium fluoride in various industries
Challenges:
Health issues such as skin irritation and eye damage and Stiff competition among the major players
Restraints:
Stringent government regulations and long approval time required
Opportunities:
Increasing research and development activities
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
Market Leaders & Development Strategies
On 6th May 2019, Merck has signed an agreement to acquire intermolecular. This acquisition strengthen the semiconductor technology offerings.