Aluminum Fluoride Market Growth Accelerated By Increasing Applications In End-Use Industries

Aluminum fluoride is an inorganic compound widely used as a fluoridating agent in toothpastes. It helps to prevent tooth decay by depositing calcium fluoride on the tooth surface. Aluminum fluoride is also used as a flame retardant and in the production of cryolite, which is utilized in the electrolytic production of aluminum.

The global Aluminum Fluoride Market is estimated to be valued at US$ 2.65 million 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:
The increasing demand from various end-use industries such as aluminum production, chemicals, automotive, and construction is driving the growth of the aluminum fluoride market. Aluminum fluoride is used as a fluxing agent in the production of aluminum and helps in decreasing the melting point of cryolite. It enhances the electrolytic production process of aluminum. Additionally, the compound exhibits excellent flame-retardant properties and hence used in the production of flame-retardant coatings and resins. Moreover, it is useful in the manufacturing of Teflon and possesses non-stick properties. Thus, the wide applications of aluminum fluoride in different industries are fueling the market growth over the forecast period.

Segment Analysis
Aluminum fluoride market is dominated by aluminum fluoride powder segment. This segment accounts for over 70% share of the overall market owing to widespread usage of aluminum fluoride powder for application such as aluminum production, oil refining, and glass manufacturing among others. Aluminum fluoride powder offers advantages such as high dispersion, good stability, and compatibility with other materials due to which it witnesses high demand from end-use industries.

Key Takeaways
The global Aluminum Fluoride Market Growth is expected to witness high growth over the forecast period of 2024 to 2031. The market size is projected to reach US$ 4.82 Mn by 2031, expanding at a CAGR of around 10% over the said period.

Regional analysis: Asia Pacific dominates the global aluminum fluoride market and accounted for over 40% of the total market share in 2024. This can be attributed to high production of aluminum in countries such as China and India. Additionally, growing oil & gas industry along with increasing glass manufacturing activities propel the demand for aluminum fluoride in the region.

Key players operating in the Aluminum Fluoride market include INKIA, Martha Tilaar Group, Wipro Unza, Clara International, Ivy Beauty Corporation, Sdn Bhd Overview, Paragon Technology & Innovation, and Brataco Group of Companies. INKIA holds around 20% share of the global market owing to its wide distribution network and diverse product portfolio. The company is focusing on capacity expansion plans to further strengthen its market position.

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