A rather prominent industrial terrain in itself, the global potassium tetrafluoroborate market has undoubtedly carved out a niche in the chemical realm over the past few years. Encompassing a huge application spectrum spanning different industrial sectors, this business space has gained a prominent traction essentially on the grounds of the chemical’s deployment in the production of abrasives.
In essence, the use of fillers in abrasive tool production has augmented the potassium tetrafluoroborate market statistics, as the demand for these substances is massively rising across a spate of end-users, specifically the automotive sector, given the requirement of abrasives in the same.
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The product is used as an active filler in the resin-bonded abrasives for the treatment of metals. The fillers are inorganic compounds that display an affinity towards both the abrasive grains and the binder holding the grains in the substance of the tool. These fillers evidently used to increase the machine tools’ mechanical strength by augmenting the adhesion of the grains to the binder.
Since time immemorial, automotive manufacturers have emerged as prominent users of abrasives, which are apparently used in almost all the stages of the vehicle manufacturing process along with different automotive parts. But now, with the technological developments on point and the invention of manufacturing robots and engine bodies, the use of abrasives has expanded across auto parts suppliers and repair shops.
With the automotive sector expanding by the day, the demand for abrasives will also witness a proportional upsurge over time, gradually leading to an increase in the requirement of potassium tetrafluoroborate. From engine parts molding, deburring, and cleaning to the auto body, accessories, and interior repairs and maintenance, abrasives have been used on a large scale to smoothen welds, clean the interior of the pipes, along with smoothening or roughening the surfaces or edges for fitting or polishing.
Mentioned below are the types of abrasives that have been designed to suit the requirements of the automobile industry:
- Automobile engine abrasives
In order to realize the production of different trucks, auto, and aircraft engines and parts, ample abrasive wheel formulations, sizes, and shapes have been designed and brought to the market every year. As a matter of fact, the Hardinge Grinding Group, in 2012, designed new grinding wheels which removed metal at a 20 per cent faster rate and last over 30 per cent longer than before.
Additionally, the nylon abrasive cross buffs find high usage across the industry as they are a perfect fit in the tight spots. The motor manufacturers and mechanics use these products to polish the insides of the carburetor and other automobile parts.
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- The automobile interior and exterior use of abrasive
Coated and non-woven abrasives have found imminent use in abrasive sandpapers, pencils, sponges, steel wool, and other components to obtain a perfect automobile finishing. Multi-perforated sanders whisk away the dust and are essentially used to prevent the dust from settling on the freshly painted surfaces.
While the use of abrasives across the automotive industry is trending and growing at a prodigious pace, the challenges associated with it cannot be denied. The abrasives market is highly defined by two crucial parameters which include the feasibility and price of the raw materials in the value chain. Moreover, there stand chances of the industry players eyeing on replacing the substance with some other profitable and less pricey substance, impeding the growth of the abrasive and the potassium tetrafluoroborate market.
Despite the challenges, the product seems to be gaining massive acceptance across the global automotive industry.
Growth opportunities
The expansion of automotive industry and increase in number of automobile sales, in tandem with technological advancements in this space, would have a huge impact on the use of abrasives. In consequence, this will provide ample opportunities for the expansion of global potassium tetrafluoroborate industry share.
China has emerged to be one of the largest automobile markets globally, in regard to the demand and supply terms. Apparently, the automobile registrations across the country had surpassed a mammoth of over 23 million units in 2018. Following the same year, China manufactured nearly more than 23.5 million passenger cars and over 4 million commercial vehicles providing a thrust to the abrasives industry in a whole.
Considering the expansion in the automotive market, it can be predicted that the application of potassium tetrafluoroborate in abrasives will help the market foresee tremendous gains in the coming years.
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