Potassium Tetrafluoroborate Market Size worth $340mn by 2025

Potassium Tetrafluoroborate Market size is set to surpass USD 340 million by 2025; according to a new research report by Global Market Insights Inc.
 

Increasing growth rate in construction, automotive, machinery and equipment which induce consumption of metals in these industries. The metals which are extensively used in these industries include aluminum, steel and iron which require a proper process after the extraction from its ore. Potassium tetrafluoroborate act as a substantial basic material for extraction and processing of these metals and its alloys which may boost potassium tetrafluoroborate market growth.
 

Get more details on this report - Request Free Sample PDF
 

98% purity may expect consumption at above 55 kilo tons by 2025. Increasing abrasives demand in automotive components as they play an important role in reducing noise levels and reducing the carbon dioxide emission of high-performance engines may foster the product demand. It act as an active caulking in preparation of resin fused abrasives which may further boost product growth.
 

Browse key industry insights spread across 205 pages with 266 market data tables & 24 figures & charts from the report, “Potassium Tetrafluoroborate Market Size By Purity (98% Purity, 99% Purity), By Application (Metal Processing, Fluxing Agent, Abrasives, Soldering Agent), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Netherlands, Sweden, Poland, China, India, Japan, South Korea, Australia, New Zealand, Taiwan, Malaysia, Vietnam, Brazil, Argentina, Saudi Arabia, UAE, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/potassium-tetrafluoroborate-market
 

U.S. 99% purity demand from fluxing agent applications may register significant growth close to 3.5% by 2025. Rising demand from various metal processing industries in the region on account of offering various finished metals to end use industries such as automotive and machinery may drive the regional industry growth. The product functions as a fluxing agent which act as a purifying agent in various metals, thereby stimulating the product market.
 

Germany 98% potassium tetrafluoroborate market from soldering agent application was valued at over USD 1 million in 2018. Rising demand for alloy in automobiles owing to increasing lightweight automobiles demand may boost product growth. Usage of aluminum alloys eases an enhanced power to weight ratio along with high strength which in turn improves performance of vehicles. It is generally used as an additive in alloying industry and welding agent which may drive the country industry growth.
 

China 99% purity segment size from metal processing may expect gains at above 4.5% by 2025 owing increasing investment trends in various chemical industries. It acts as a chemical reagent in electrochemical process in various metal processing productions which may drive the country growth.
 

DDF, Harshil Industries, Madras Fluorine and S.B. Chemicals are the key producers in the industry. Manufacturers are involved in new product formulations to enhance their global presence and improve their product range. Also, producers are indulged in research activities to develop more products which is likely to stimulate market growth.
 

The potassium tetrafluoroborate market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD from 2014 to 2025, for the following segments:

By Purity

• 98% purity
  • By Application
    • Metal Processing
    • Fluxing Agent
    • Abrasives
    • Soldering Agent
    • Others
• 99% purity
  • By Application
    • Metal Processing
    • Fluxing Agent
    • Abrasives
    • Soldering Agent
    • Others

The above information is provided on a regional and country basis for the following:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Sweden
  • Poland
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Taiwan
  • Malaysia
  • Vietnam
• Latin America (LATAM)
  • Brazil
  • Argentina
• Middle East & Africa (MEA)
  • South Africa
  • UAE
  • Saudi Arabia