Tin Fluoborate Market size was over USD 1.14 billion in 2024 and is projected to reach USD 2.71 billion by 2037, growing at around 6.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of tin fluoborate is evaluated at USD 1.27 billion.
The growing use of electroplating in various end-user industries such as automotive, aircraft, electronics, and agriculture is the primary factor driving the growth of this market. As per ASEAN Automotive Federation, around 256,160 motor vehicles were sold in 2020.
Furthermore, metal cleaning is another factor driving the growth of this market. Various end use industries increase the demand for metal usage which further upsurges the demand for metal cleaning. As per data, the global metal cleaning material market held a market revenue of USD 15 billion in 2022.
Author Credits: Rajrani Baghel
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