Potassium Tetrafluoroborate Market – Global Industry Analysis and Forecast (2022-2029)


Potassium Tetrafluoroborate Market was valued US$ 285.61 Mn in 2021 and is expected to reach 428.46 Mn by 2029, at a CAGR of 5.2% during a forecast period.

Potassium Tetrafluoroborate Market Definition:

Potassium tetrafluoroborate is obtained by reacting potassium hydroxide with tetrafluroboric acid. Potassium tetrafluoroborate is a potassium salt of tetrafluroboric acid having chemical formula 〖KBF〗_4.The chemical is white in color, odourless, and insoluble in water. Ultra-high purity and high purity compositions improve both visual quality and utility recorded as scientific standards.Potassium Tetrafluoroborate MarketTo know about the Research Methodology :- Request Free Sample Report

The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and the same is reflected in our analysis.

Potassium Tetrafluoroborate Market Dynamics:

Mounting demand for abrasives result in enormous demand for polishing and grinding applications by numerous end-use sectors including metal fabrication, automotive, machinery, and electronic & electrical equipment projected to drive the overall potassium tetrafluoroborate market returns. Escalating growth recorded by metal processing and machining in the automotive and industrial sector is expected to drive potassium tetrafluoroborate market demand in the near future. Potassium tetrafluoroborate is primary choice of the manufacturer in the production of aluminum alloy as an additive. Increasing demand for the targeted materials for several chemicals depends on its different uses in industries, for instance, pharmaceutical, chemical, agrochemical, and petrochemical owing to its non-flammable and compressed characteristics will drive the product growth. High boron concentration content aluminum is synthesized by the reaction of the product itself. This process gives good molten alloy fluidity, which drives the demand for the product.

Furthermore, the major side effects related to the incorporation of the product is expected to hamper the potassium tetrafluoroborate market by 2029. Cost of the synthesis is another factor to drop the market demand in the coming years.

Potassium Tetrafluoroborate Market Segment Analysis:

By the purity segment, the 98% subdivision is anticipated to dominate the market growth during the forecast period. The high demand for the product with 98% purity is the result bending interest of the manufacturer towards oxygen-sensitive products at the workplace, such as application in the production of titanium, aluminum, metal alloys which is expected to propel the market demand during the forecasted period. On the other hand, insolubility of the product in water is making it the main source that is utilized as a fluxing agent in metal processing industries for making of boron alloys using aluminum and magnesium casting. It is further used as a raw material for the production of numerous fluorine salts, hence considered as a major driving factor for the market.

Potassium Tetrafluoroborate Market Regional Insights:

North America is expected to dominate the potassium tetrafluoroborate market and is expected to grow at a CAGR of xx% during the forecast period. The forthcoming automotive industry in the region post-2021 economic recession has positively influenced the product demand. Rising demand for abrasives in various machinery units which delivers cultured machine parts and accuracy tooling is expected to encourage industry growth. Furthermore, advancement in electrical and electronic industry will push the market demand in the coming years.

APAC holds the largest market share for potassium tetrafluoroborate in 2021 after North America and is expected to show a significant growth during the forecast period. The key reason attributed to the rapid industrialization and thriving automotive and construction industry as these sector widely demand apparatus for cutting, grinding, and polishing thus promoting high consumption of potassium tetrafluoroborate in above mentioned industries will boost the regional market growth. Developing regions like India, China, and Japan are considered major contributors for the Potassium Tetrafluoroborate market growth in the Asia Pacific region.

The objective of the report is to present a comprehensive analysis of the Global Potassium Tetrafluoroborate Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Potassium Tetrafluoroborate Market dynamics, structure by analysing the market segments and project the Global Potassium Tetrafluoroborate Market size. Clear representation of competitive analysis of key players By Purity, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Potassium Tetrafluoroborate Market make the report investor’s guide.

Potassium Tetrafluoroborate Market Scope: Inquire before buying






Potassium Tetrafluoroborate Market




Base Year
2021
Forecast Period
2022-2029




Historical Data
CAGR
Market Size in 2021
Market Size in 2029




2017 to 2021
5.2%
US$ 285.61 Mn
US$ 428.46 Mn




Segments Covered




by Purity
• 98% Purity
• 99% Purity
by Application
• Metal Processing
• Soldering Agent
• Fluxing Agent
• Abrasives




Regions Covered




North America
• United States
• Canada
• Mexico
Europe
• UK
• France
• Germany
• Italy
• Spain
• Sweden
• Austria
• Rest of Europe
Asia Pacific
• China
• S Korea
• Japan
• India
• Australia
• Indonesia
• Malaysia
• Vietnam
• Taiwan
• Bangladesh
• Pakistan
• Rest of APAC
Middle East and Africa
• South Africa
• GCC
• Egypt
• Nigeria
• Rest of ME&A
South America
• Brazil
• Argentina
• Rest of South America






Potassium Tetrafluoroborate Market, Key Players

• American Elements
• Morita Chemical Industries
• Honeywell Fine Chemicals
• STELLA CHEMIFA CORPORATION
• Hunan Merits New Material Co. Ltd
• Coronet Industries, Inc
• Foshan Nanhai Double Fluoride Chemical Co. Ltd
• Reewood International Limited
• AMG Aluminum
• Derivados del Flúor
• Harshil Industries
• Madras Fluorine Private Ltd
• S.B. Chemicals
• Solvay
• Alfa Aesar

Frequently Asked Questions:

1. Which region has the largest share in Global Potassium Tetrafluoroborate Market?
Ans: North America region held the highest share in 2021.

2. What is the growth rate of Global Potassium Tetrafluoroborate Market?
Ans: The Global Potassium Tetrafluoroborate Market is growing at a CAGR of 5.2% during forecasting period 2022-2029.

3. What is scope of the Global Potassium Tetrafluoroborate Market report?
Ans: Global Potassium Tetrafluoroborate Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Potassium Tetrafluoroborate Market?
Ans: The important key players in the Global Potassium Tetrafluoroborate Market are – American Elements, Morita Chemical Industries, Honeywell Fine Chemicals, STELLA CHEMIFA CORPORATION, Hunan Merits New Material Co. Ltd, Coronet Industries, Inc, Foshan Nanhai Double Fluoride Chemical Co. Ltd, Reewood International Limited, AMG Aluminum, Derivados del Flúor, Harshil Industries, Madras Fluorine Private Ltd, S.B. Chemicals, Solvay, and Alfa Aesar

5. What is the study period of this Market?
Ans: The Global Potassium Tetrafluoroborate Market is studied from 2021 to 2029. 




Global Potassium Tetrafluoroborate Market

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary: Global Potassium Tetrafluoroborate Market Size, by Market Value (US$ Bn) and Volume (Units)

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
4.8. Patent Registration

5. Supply Side and Demand Side Indicators

6. Global Potassium Tetrafluoroborate Market Analysis and Forecast
6.1. Global Potassium Tetrafluoroborate Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America

7. Global Potassium Tetrafluoroborate Market Analysis and Forecast, By Purity
7.1. Introduction and Definition
7.2. Key Findings
7.3. Global Potassium Tetrafluoroborate Market Value Share Analysis, By Purity
7.4. Global Potassium Tetrafluoroborate Market Size (US$ Bn) Forecast, By Purity
7.5. Global Potassium Tetrafluoroborate Market Analysis, By Purity
7.6. Global Potassium Tetrafluoroborate Market Attractiveness Analysis, By Purity

8. Global Potassium Tetrafluoroborate Market Analysis and Forecast, BY Application
8.1. Introduction and Definition
8.2. Key Findings
8.3. Global Potassium Tetrafluoroborate Market Value Share Analysis, BY Application
8.4. Global Potassium Tetrafluoroborate Market Size (US$ Bn) Forecast, BY Application
8.5. Global Potassium Tetrafluoroborate Market Analysis, BY Application
8.6. Global Potassium Tetrafluoroborate Market Attractiveness Analysis, BY Application

9. Global Potassium Tetrafluoroborate Market Analysis, by Region
9.1. Global Potassium Tetrafluoroborate Market Value Share Analysis, by Region
9.2. Global Potassium Tetrafluoroborate Market Size (US$ Bn) Forecast, by Region
9.3. Global Potassium Tetrafluoroborate Market Attractiveness Analysis, by Region

10. North America Potassium Tetrafluoroborate Market Analysis
10.1. Key Findings
10.2. North America Potassium Tetrafluoroborate Market Overview
10.3. North America Potassium Tetrafluoroborate Market Value Share Analysis, By Purity
10.4. North America Potassium Tetrafluoroborate Market Forecast, By Purity
10.4.1. 98% Purity
10.4.2. 99% Purity
10.5. North America Potassium Tetrafluoroborate Market Value Share Analysis, BY Application
10.6. North America Potassium Tetrafluoroborate Market Forecast, BY Application
10.6.1. Metal Processing
10.6.2. Soldering Agent
10.6.3. Fluxing Agent
10.6.4. Abrasives
10.7. North America Potassium Tetrafluoroborate Market Value Share Analysis, by Country
10.8. North America Potassium Tetrafluoroborate Market Forecast, by Country
10.8.1. U.S.
10.8.2. Canada
10.9. North America Potassium Tetrafluoroborate Market Analysis, by Country
10.10. U.S. Potassium Tetrafluoroborate Market Forecast, By Purity
10.10.1. 98% Purity
10.10.2. 99% Purity
10.11. U.S. Potassium Tetrafluoroborate Market Forecast, BY Application
10.11.1. Metal Processing
10.11.2. Soldering Agent
10.11.3. Fluxing Agent
10.11.4. Abrasives
10.12. Canada Potassium Tetrafluoroborate Market Forecast, By Purity
10.12.1. 98% Purity
10.12.2. 99% Purity
10.13. Canada Potassium Tetrafluoroborate Market Forecast, BY Application
10.13.1. Metal Processing
10.13.2. Soldering Agent
10.13.3. Fluxing Agent
10.13.4. Abrasives
10.14. North America Potassium Tetrafluoroborate Market Attractiveness Analysis
10.14.1. By Purity
10.14.2. BY Application
10.15. PEST Analysis
10.16. Key Trends
10.17. Key Development

11. Europe Potassium Tetrafluoroborate Market Analysis
11.1. Key Findings
11.2. Europe Potassium Tetrafluoroborate Market Overview
11.3. Europe Potassium Tetrafluoroborate Market Value Share Analysis, By Purity
11.4. Europe Potassium Tetrafluoroborate Market Forecast, By Purity
11.4.1. 98% Purity
11.4.2. 99% Purity
11.5. Europe Potassium Tetrafluoroborate Market Value Share Analysis, BY Application
11.6. Europe Potassium Tetrafluoroborate Market Forecast, BY Application
11.6.1. Metal Processing
11.6.2. Soldering Agent
11.6.3. Fluxing Agent
11.6.4. Abrasives
11.7. Europe Potassium Tetrafluoroborate Market Value Share Analysis, by Country
11.8. Europe Potassium Tetrafluoroborate Market Forecast, by Country
11.8.1. Germany
11.8.2. U.K.
11.8.3. France
11.8.4. Italy
11.8.5. Spain
11.8.6. Rest of Europe
11.9. Europe Potassium Tetrafluoroborate Market Analysis, by Country
11.10. Germany Potassium Tetrafluoroborate Market Forecast, By Purity
11.10.1. 98% Purity
11.10.2. 99% Purity
11.11. Germany Potassium Tetrafluoroborate Market Forecast, BY Application
11.11.1. Metal Processing
11.11.2. Soldering Agent
11.11.3. Fluxing Agent
11.11.4. Abrasives
11.12. U.K. Potassium Tetrafluoroborate Market Forecast, By Purity
11.12.1. 98% Purity
11.12.2. 99% Purity
11.13. U.K. Potassium Tetrafluoroborate Market Forecast, BY Application
11.13.1. Metal Processing
11.13.2. Soldering Agent
11.13.3. Fluxing Agent
11.13.4. Abrasives
11.14. France Potassium Tetrafluoroborate Market Forecast, By Purity
11.14.1. 98% Purity
11.14.2. 99% Purity
11.15. France Potassium Tetrafluoroborate Market Forecast, BY Application
11.15.1. Metal Processing
11.15.2. Soldering Agent
11.15.3. Fluxing Agent
11.15.4. Abrasives
11.16. Italy Potassium Tetrafluoroborate Market Forecast, By Purity
11.16.1. 98% Purity
11.16.2. 99% Purity
11.17. Italy Potassium Tetrafluoroborate Market Forecast, BY Application
11.17.1. Metal Processing
11.17.2. Soldering Agent
11.17.3. Fluxing Agent
11.17.4. Abrasives
11.18. Spain Potassium Tetrafluoroborate Market Forecast, By Purity
11.18.1. 98% Purity
11.18.2. 99% Purity
11.19. Spain Potassium Tetrafluoroborate Market Forecast, BY Application
11.19.1. Metal Processing
11.19.2. Soldering Agent
11.19.3. Fluxing Agent
11.19.4. Abrasives
11.20. Rest of Europe Potassium Tetrafluoroborate Market Forecast, By Purity
11.20.1. 98% Purity
11.20.2. 99% Purity
11.21. Rest of Europe Potassium Tetrafluoroborate Market Forecast, BY Application
11.21.1. Metal Processing
11.21.2. Soldering Agent
11.21.3. Fluxing Agent
11.21.4. Abrasives
11.22. Europe Potassium Tetrafluoroborate Market Attractiveness Analysis
11.22.1. By Purity
11.22.2. BY Application
11.23. PEST Analysis
11.24. Key Trend
11.25. Key Development

12. Asia Pacific Potassium Tetrafluoroborate Market Analysis
12.1. Key Findings
12.2. Asia Pacific Potassium Tetrafluoroborate Market Overview
12.3. Asia Pacific Potassium Tetrafluoroborate Market Value Share Analysis, By Purity
12.4. Asia Pacific Potassium Tetrafluoroborate Market Forecast, By Purity
12.4.1. 98% Purity
12.4.2. 99% Purity
12.5. Asia Pacific Potassium Tetrafluoroborate Market Value Share Analysis, BY Application
12.6. Asia Pacific Potassium Tetrafluoroborate Market Forecast, BY Application
12.6.1. Metal Processing
12.6.2. Soldering Agent
12.6.3. Fluxing Agent
12.6.4. Abrasives
12.7. Asia Pacific Potassium Tetrafluoroborate Market Value Share Analysis, by Country
12.8. Asia Pacific Potassium Tetrafluoroborate Market Forecast, by Country
12.8.1. China
12.8.2. India
12.8.3. Japan
12.8.4. ASEAN
12.8.5. Rest of Asia Pacific
12.9. Asia Pacific Potassium Tetrafluoroborate Market Analysis, by Country
12.10. China Potassium Tetrafluoroborate Market Forecast, By Purity
12.10.1. 98% Purity
12.10.2. 99% Purity
12.11. China Potassium Tetrafluoroborate Market Forecast, BY Application
12.11.1. Metal Processing
12.11.2. Soldering Agent
12.11.3. Fluxing Agent
12.11.4. Abrasives
12.12. India Potassium Tetrafluoroborate Market Forecast, By Purity
12.12.1. 98% Purity
12.12.2. 99% Purity
12.13. India Potassium Tetrafluoroborate Market Forecast, BY Application
12.13.1. Metal Processing
12.13.2. Soldering Agent
12.13.3. Fluxing Agent
12.13.4. Abrasives
12.14. Japan Potassium Tetrafluoroborate Market Forecast, By Purity
12.14.1. 98% Purity
12.14.2. 99% Purity
12.15. Japan Potassium Tetrafluoroborate Market Forecast, BY Application
12.15.1. Metal Processing
12.15.2. Soldering Agent
12.15.3. Fluxing Agent
12.15.4. Abrasives
12.16. ASEAN Potassium Tetrafluoroborate Market Forecast, By Purity
12.16.1. 98% Purity
12.16.2. 99% Purity
12.17. ASEAN Potassium Tetrafluoroborate Market Forecast, BY Application
12.17.1. Metal Processing
12.17.2. Soldering Agent
12.17.3. Fluxing Agent
12.17.4. Abrasives
12.18. Rest of Asia Pacific Potassium Tetrafluoroborate Market Forecast, By Purity
12.18.1. 98% Purity
12.18.2. 99% Purity
12.19. Rest of Asia Pacific Potassium Tetrafluoroborate Market Forecast, BY Application
12.19.1. Metal Processing
12.19.2. Soldering Agent
12.19.3. Fluxing Agent
12.19.4. Abrasives
12.20. Asia Pacific Potassium Tetrafluoroborate Market Attractiveness Analysis
12.20.1. By Purity
12.20.2. BY Application
12.21. PEST Analysis
12.22. Key Trend
12.23. Key Development

13. Middle East & Africa Potassium Tetrafluoroborate Market Analysis
13.1. Key Findings
13.2. Middle East & Africa Potassium Tetrafluoroborate Market Overview
13.3. Middle East & Africa Potassium Tetrafluoroborate Market Value Share Analysis, By Purity
13.4. Middle East & Africa Potassium Tetrafluoroborate Market Forecast, By Purity
13.4.1. 98% Purity
13.4.2. 99% Purity
13.5. Middle East & Africa Potassium Tetrafluoroborate Market Value Share Analysis, BY Application
13.6. Middle East & Africa Potassium Tetrafluoroborate Market Forecast, BY Application
13.6.1. Metal Processing
13.6.2. Soldering Agent
13.6.3. Fluxing Agent
13.6.4. Abrasives
13.7. Middle East & Africa Potassium Tetrafluoroborate Market Value Share Analysis, by Country
13.8. Middle East & Africa Potassium Tetrafluoroborate Market Forecast, by Country
13.8.1. GCC
13.8.2. South Africa
13.8.3. Rest of Middle East & Africa
13.9. Middle East & Africa Potassium Tetrafluoroborate Market Analysis, by Country
13.10. GCC Potassium Tetrafluoroborate Market Forecast, By Purity
13.10.1. 98% Purity
13.10.2. 99% Purity
13.11. GCC Potassium Tetrafluoroborate Market Forecast, BY Application
13.11.1. Metal Processing
13.11.2. Soldering Agent
13.11.3. Fluxing Agent
13.11.4. Abrasives
13.12. South Africa Potassium Tetrafluoroborate Market Forecast, By Purity
13.12.1. 98% Purity
13.12.2. 99% Purity
13.13. South Africa Potassium Tetrafluoroborate Market Forecast, BY Application
13.13.1. Metal Processing
13.13.2. Soldering Agent
13.13.3. Fluxing Agent
13.13.4. Abrasives
13.14. Rest of Middle East & Africa Potassium Tetrafluoroborate Market Forecast, By Purity
13.14.1. 98% Purity
13.14.2. 99% Purity
13.15. Rest of Middle East & Africa Potassium Tetrafluoroborate Market Forecast, BY Application
13.15.1. Metal Processing
13.15.2. Soldering Agent
13.15.3. Fluxing Agent
13.15.4. Abrasives
13.16. Middle East & Africa Potassium Tetrafluoroborate Market Attractiveness Analysis
13.16.1. By Purity
13.16.2. BY Application
13.17. PEST Analysis
13.18. Key Trend
13.19. Key Development

14. South America Potassium Tetrafluoroborate Market Analysis
14.1. Key Findings
14.2. South America Potassium Tetrafluoroborate Market Overview
14.3. South America Potassium Tetrafluoroborate Market Value Share Analysis, By Purity
14.4. South America Potassium Tetrafluoroborate Market Forecast, By Purity
14.4.1. 98% Purity
14.4.2. 99% Purity
14.5. South America Potassium Tetrafluoroborate Market Value Share Analysis, BY Application
14.6. South America Potassium Tetrafluoroborate Market Forecast, BY Application
14.6.1. Metal Processing
14.6.2. Soldering Agent
14.6.3. Fluxing Agent
14.6.4. Abrasives
14.7. South America Potassium Tetrafluoroborate Market Value Share Analysis, by Country
14.8. South America Potassium Tetrafluoroborate Market Forecast, by Country
14.8.1. Brazil
14.8.2. Mexico
14.8.3. Rest of South America
14.9. Brazil Potassium Tetrafluoroborate Market Forecast, By Purity
14.9.1. 98% Purity
14.9.2. 99% Purity
14.10. Brazil Potassium Tetrafluoroborate Market Forecast, BY Application
14.10.1. Metal Processing
14.10.2. Soldering Agent
14.10.3. Fluxing Agent
14.10.4. Abrasives
14.11. Mexico Potassium Tetrafluoroborate Market Forecast, By Purity
14.11.1. 98% Purity
14.11.2. 99% Purity
14.12. Mexico Potassium Tetrafluoroborate Market Forecast, BY Application
14.12.1. Metal Processing
14.12.2. Soldering Agent
14.12.3. Fluxing Agent
14.12.4. Abrasives
14.13. Rest of South America Potassium Tetrafluoroborate Market Forecast, By Purity
14.13.1. 98% Purity
14.13.2. 99% Purity
14.14. Rest of South America Potassium Tetrafluoroborate Market Forecast, BY Application
14.14.1. Metal Processing
14.14.2. Soldering Agent
14.14.3. Fluxing Agent
14.14.4. Abrasives
14.15. South America Potassium Tetrafluoroborate Market Attractiveness Analysis
14.15.1. By Purity
14.15.2. BY Application
14.16. PEST Analysis
14.17. Key Trend
14.18. Key Development

15. Company Profiles
15.1. Market Share Analysis, by Company
15.2. Competition Matrix
15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment
15.2.2. New Product Launches and Product Enhancements
15.2.3. Market Consolidation
15.2.4. M&A by Regions, Investment and Applications
15.2.5. M&A Key Players, Forward Integration and Backward Integration
15.3. Company Profiles: Key Players
15.3.1. American Elements
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Product Portfolio
15.3.1.4. Business Strategy
15.3.1.5. Recent Developments
15.3.1.6. Company Footprint
15.3.2. Morita Chemical Industries
15.3.3. Honeywell Fine Chemicals
15.3.4. STELLA CHEMIFA CORPORATION
15.3.5. Hunan Merits New Material Co. Ltd
15.3.6. Coronet Industries, Inc
15.3.7. Foshan Nanhai Double Fluoride Chemical Co. Ltd
15.3.8. Reewood International Limited
15.3.9. AMG Aluminum
15.3.10. Derivados del Flúor
15.3.11. Harshil Industries
15.3.12. Madras Fluorine Private Ltd
15.3.13. S.B. Chemicals
15.3.14. Solvay
15.3.15. Alfa Aesar
16.Primary Key Insights
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