Global Potassium Tetrafluoroborate Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

98% Purity - (Metal Processing, Fluxing Agent, Abrasives, Soldering Agent and Others), 99% Purity - (Metal Processing, Fluxing Agent, Abrasives, Soldering Agent, and Others).

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn839476630 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Potassium Tetrafluoroborate Market (USD Million), 2021 - 2031

In the year 2024, the Global Potassium Tetrafluoroborate Market was valued at USD 312.27 million. The size of this market is expected to increase to USD 439.39 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Global Potassium Tetrafluoroborate Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.0 %
Market Size (2024)USD 312.27 Million
Market Size (2031)USD 439.39 Million
Market ConcentrationMedium
Report Pages306
312.27
2024
439.39
2031

Major Players

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

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Potassium Tetrafluoroborate Market

Fragmented - Highly competitive market without dominant players


Potassium Tetrafluoroborate is a water-insoluble potassium source essential for oxygen-sensitive applications, particularly in metal production. Fluoride compounds are utilized in health applications at minimal concentrations (ppm).

The global market for potassium tetrafluoroborate is driven significantly by the increasing demand for abrasives worldwide. This surge is propelled by heightened needs in metal processing and machining within the automotive and industrial sectors, alongside its role as an additive in manufacturing aluminum boron alloys, thereby accelerating market growth. The rising demand for abrasives stems from their extensive use in polishing and grinding applications across diverse sectors such as metal fabrication, electronics, automotive, and machinery. Additionally, potassium tetrafluoroborate finds use in various chemicals like boron trifluoride, which is highly sought after in industries such as chemicals, pharmaceuticals, and petrochemicals, further bolstering market dynamics.

Moreover, the expansion of end-use industries, rapid urbanization, and industrialization trends, coupled with ongoing research and development activities and substantial investments, positively impact the potassium tetrafluoroborate market. Furthermore, its utility as a catalyst in multiple chemical reactions, including alkylation, polymerization, and isomerization processes in the chemical sector, presents lucrative opportunities for market players aiming to capitalize on these applications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Region
  4. Global Potassium Tetrafluoroborate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Industrial Applications
        2. Increasing Demand in Electronics
        3. Advancements in Metalworking Processes
        4. Expansion in Automotive Sector
        5. Focus on Sustainable Manufacturing
      2. Restraints
        1. Environmental and Health Concerns
        2. Fluctuating Raw Material Prices
        3. Availability of Substitutes
        4. Market Fragmentation
        5. Slow Adoption in Emerging Economies
      3. Opportunities
        1. Rapid Industrialization in Asia-Pacific
        2. Technological Advancements
        3. Increasing Investments in Electronics Manufacturing
        4. Focus on Sustainable Practices
        5. Strategic Partnerships and Collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market SegmentationCompetitive Landscape
    1. Global Potassium Tetrafluoroborate Market, By Type, 2021 - 2031 (USD Million)
      1. 98% Purity
        1. Metal processing
        2. Fluxing agent
        3. Abrasives
        4. Soldering agent
        5. Others
      2. 99% purity
        1. Metal processing
        2. Fluxing agent
        3. Abrasives
        4. Soldering agent
        5. Others
    2. Global Potassium Tetrafluoroborate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. American Elements
      2. Solvay
      3. Morita Chemical Industries
      4. Alfa Aesar
      5. Honeywell Fine Chemicals
      6. Hunan Merits New Material Co., Ltd.
      7. Coronet Industries, Inc
      8. Foshan Nanhai Double Fluoride Chemical Co., Ltd.
      9. Reewood International Limited
      10. AMG Aluminum
      11. DDF (Derivados del Flúor)
      12. Harshil Industries
      13. STELLA CHEMIFA CORPORATION
      14. Madras Fluorine Private Ltd. (MFPL)
      15. S.B. Chemicals
  7. Analyst Views
  8. Future Outlook of the Market