June 19, 2024
Aluminum Fluoride Market

Rising Usage Across Aluminium Production And Other Industries Drives Global Aluminum Fluoride Market

Aluminum fluoride is widely used as a flux in aluminum production. It aids in removing oxides and promoting the wetting of molten aluminum. Aluminum fluoride is also finding increasing application as a topical cavities preventive agent and in products such as toothpastes and mouthwashes. It acts as a cavity inhibitor by strengthening the enamel surface and making it less vulnerable to acid attacks from plaque bacteria.

The global Aluminum Fluoride Market is estimated to be valued at US$ 2.65 Bn in 2024 and is expected to exhibit a CAGR of 10%  over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends

One of the prominent trends witnessed in the global aluminum fluoride market is the increasing consumption across the construction industry. Aluminum fluoride finds extensive usage as a fluxing agent in the production of aluminum sheets and foils which are then employed in window frames, doors, siding materials and roofing among other construction applications. The ongoing infrastructure development especially in the developing regions of Asia Pacific and Latin America is fueling the demand for aluminum sheets and foils which in turn is propelling the consumption of aluminum fluoride. Additionally, the shifting preferences towards value-added dentistry products is further accentuating the demand for topical fluorides like aluminum fluoride to control dental caries.

Porter’s Analysis

Threat of new entrants: Low capital requirement for new players to enter the market. However, established players dominance and technological expertise pose barriers for new entrants.
Bargaining power of buyers: Aluminum Fluoride buyers have moderate bargaining power due to availability of substitutes.
Bargaining power of suppliers: Supply of key raw materials like fluorine gas is consolidated among few vendors giving them high bargaining power.
Threat of new substitutes: Substitutes like calcium fluoride and sodium fluoride pose potential threat. However, established application of Aluminum Fluoride in end-use industries restricts impact of substitutes.
Competitive rivalry: Market fragmented with presence of large global and regional players. Intense competition on pricing and product quality.

Key Takeaways

The global Aluminum Fluoride Market Growth is expected to witness high growth at a CAGR of 10%  during the forecast period of 2024 to 2031.

Regional analysis: Asia Pacific dominates the global Aluminum Fluoride market and is expected to continue its dominance during the forecast period. China is the largest consumer as well as producer of Aluminum Fluoride globally. Countries like India are also emerging as high growth markets.

Key players operating in the Aluminum Fluoride market are INKIA, Martha Tilaar Group, Wipro Unza, Clara International, Ivy Beauty Corporation, Sdn Bhd Overview, Paragon Technology & Innovation, and Brataco Group of Companies. The market leaders are focusing on geographical expansion and new product development.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it