Global Sodium Fluoride Market - Forecasts from 2024 to 2029

Global Sodium Fluoride Market - Forecasts from 2024 to 2029

The global sodium fluoride market is estimated at US$698.872 million in 2024 and is anticipated to grow at a CAGR of 5.55% during the forecast period and reach US$915.781 million in 2029.

Sodium Fluoride, NaF is commonly relished in a white granule form and is used in many applications. Based on application, the market has been divided into water treatment, glass manufacturing, agriculture, and dental products, among others. Using sodium fluoride as a toothpaste additive is fueling the market during the forecast period. Implementing sodium fluoride as an active ingredient in insecticides and pesticides is further driving the market's growth in the forecast period.

GLOBAL SODIUM FLUORIDE MARKET DRIVERS:

As per the World Health Organization’s 2020 information, oral diseases are predicted to affect close to 3.5 billion individuals worldwide. It is further predicted that tooth decay or untreated dental caries in adults are the most common health conditions. Additionally, tooth decay affects over 530 million children with milk teeth. This is further attributed to the surging urbanization and evolving lifestyle of people, giving rise to the prevalence of oral diseases, specifically in lower and middle-income countries. Their increasing prevalence in these groups is attributable to limited access to oral health care services, which boosts its demand. The consumption of food products high in sugar content and excessive intake of tobacco and alcohol further contribute to oral diseases.

However, the same case yields inadequate fluoride exposure, which is also a cause of dental caries. To prevent tooth decay, efforts such as community water fluoridation programs, where a required amount of fluoride is added for preventing and controlling dental caries, further augment the market growth in the forecast period. Topical and systemic fluorides are also available. The topical fluorides enhance teeth firming and, along with it, make them resistant to decay. Self-applied topical fluorides used most frequently are toothpaste, mouth rinses, varnishes, and gels. The professionally applied topical fluorides consist of high-strength gels, foams, and rinses.

Thus, the increasing trend of supplement consumption when using sodium fluoride in fluoride supplements will boost the market growth. Fluoride tablets may be recommended for children between 6 months and 16 years at high risk of tooth decay. Furthermore, it is revealed that the primary drinking water has an insufficient concentration of fluoride, which will also contribute to the market expansion in the projected period.

GLOBAL SODIUM FLUORIDE MARKET GEOGRAPHICAL OUTLOOK:

Asia Pacific’s sodium fluoride market is anticipated to grow significantly.

The demand for steel in Asia showed significant growth in 2022, fueling the sodium fluoride market regionally. For example, as per the Ministry of Steel, crude steel output in India increased from 103.13 MT in 2017–18 to 120.29 MT in 2021–22 at a compound annual growth rate (CAGR) of 4.2%. In line with this, the demand for steel in India is strengthened due to increased manufacturing and real estate investments.

Additionally, the rise in electrical machinery exports contributed to the rising demand for steel in the country. Hence, with the growing urbanization, especially in the world's developing regions, the demand for steel in the construction industry will continue to proliferate, further propagating the market growth in the forecast period. Using sodium fluoride in toothpaste has also led to regional growth. Moreover, China's domestic general government health expenditure was 8.91% of general government expenditure in 2021.

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Report Coverage:

Historical data & forecasts from 2022 to 2029
Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
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The global sodium fluoride market is segmented and analyzed as follows:

By Application

Water Treatment
Glass Manufacturing
Metallurgy
Agriculture
Dental Products
Others

By Geography

North America
United States
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
United Kingdom
Germany
France
Italy
Spain
Rest of Europe
Middle East and Africa
Saudi Arabia
United Arab Emirates
Rest of the Middle East and Africa
Asia-Pacific
China
India
Japan
South Korea
Taiwan
Thailand
Indonesia
Rest of Asia-Pacific