"Innovative Market Solutions to Help Businesses Make Informed Decisions"
Potassium Tetrafluoroborate is a potassium salt of tetrafluoroboric acid with the molecular formula KBF4. It is odorless, white solid, which is scantly soluble in water. Potassium Tetrafluoroborate is obtained by reacting potassium carbonate or potassium hydroxide with tetrafluoroboric acid. It is usually used as a fluxing agent in the manufacturing of aluminium boron alloy, and also as a raw material for preparing fluorine salts. Potassium Tetrafluoroborate has witnessed high demand from several industries due to its applications in casting technology, surface treatment, metal surface treatment, glass industry, and automotive industry.
The factor expected to drive the potassium tetrafluoroborate market is the rise in demand for abrasives. Potassium tetrafluoroborate is used as a filler in resin bonded abrasives in metal treatment. Abrasives have observed high demand from end-users such as automotive, machinery, metal fabrication, and electronic & electrical equipment for grinding and polishing applications, hence acting as a market driver
Key Market Driver -
Rise in demand for abrasives
Key Market Restraint -
Side effects due to contact or ingestion
However, the side effects due to making contact or ingesting potassium tetrafluoroborate is expected to restrain the market growth. Potassium tetrafluoroborate is known to cause skin and eye irritation, nausea vomiting, and diarrhea, hence the slowdown in the market is expected.
By application, the market is segmented into metal processing, fluxing agent, abrasives, soldering agent, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The major companies in the global potassium tetrafluoroborate market report includes American Elements, Solvay S.A., Morita Chemical Industries, Honeywell Fine Chemicals, Hunan Merits New Materials Co. Ltd., Foshan Nanhai Fluoride Chemical Co. Ltd., AMG Aluminum, Derivados del Flúor (DDF), Harshil Industries, Stella Chemifa Corporation, Madras Fluorine Ltd., S.B. Chemicals and other key players.
To gain extensive insights into the market, Request for Customization
The global potassium tetrafluoroborate market has been segmented into North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. The growth of potassium tetrafluoroborate market in North America is due to an increase in demand for abrasives for machinery units which require precision tooling. Potassium Tetrafluoroborate is used as a component for production of abrasive disc to minimize the operating temperature, thereby supporting the growth. Growth in metal industry due to high demand from machinery, electric, and construction industry, will grow the market in Asia Pacific. Europe has high demand for potassium tetrafluoroborate for aluminium metallurgy, which is further used in fabrication of aeroplane, and automotive parts. Latin America and the Middle East & Africa will show significant growth in the potassium tetrafluoroborate market.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry