Fluorspar Market
Fluorspar Market Analysis by Powder, Lumps, and Filter Cakes for Aluminum Production, Steel Production, Hydrofluoric Acid Production, and Others from 2023 to 2033
Analysis of Fluorspar Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
FREE CustomizationFluorspar Market Outlook (2023 to 2033)
The global fluorspar market is valued at US$ 1.78 billion in 2023 and is forecasted to reach US$ 2.8 billion by the end of 2033, expanding at a CAGR of 4.5% from 2023 to 2033.
With the chemical formula CaF2, fluorspar, commonly known as fluorite, is a white or colorless mineral with a cubic structure with sporadic fluorescence, frequently with a color from impurities trapped inside.
Demand for pure fluorspar in the global market is anticipated to be boosted by the continued growth of the metal and foundry sectors. Fluorspar is commonly utilized in the creation of opaque glasses. Offices, hospitals, and housing infrastructure all use opaque glasses. Fluorine use for refrigeration, along with rising fluoropolymer usage in lithium batteries, is anticipated to fuel market expansion globally.
For commercial use, fluorite mineral is divided into three types. The first grading, or metallurgical grade, contains between 60% and 85% calcium fluoride and is mostly utilized in the manufacture of steel and cement. The second grade, also referred to as ceramic grade, contains between 85% and 95% calcium fluoride and is widely used to make enamel, nonstick cooking utensils, and some types of glass.
Acid-grade fluorspar is the third and highest grade of fluorite. Hydrofluoric acid is made using fluorspar of the acid grade and is employed in smelting aluminum.
Fluorite is utilized in many different industries for a variety of purposes, including the chemical, metallurgical, ceramic, and glass industries. Fluorspar is becoming ever more in demand as more steel, aluminum, and glass are being produced. To create fluoro compounds, fluorspar is employed in the chemical industry. Governments have established strict laws and standards on the mining business to ensure safety in mining practices since mining fluorite can have negative consequences on the environment.
Due to China's massive production and exports, the Asia Pacific region is anticipated to become the world's largest market over the coming period. China is the world's largest producer and exporter of fluorspar and is anticipated to continue to be a major force in the expansion of the Asia Pacific market due to the presence of major companies in the fluorspar market. Growing downstream operations in China are anticipated to drive regional market expansion.
- Sinochem Lantian Co. Ltd. (China) and ChemChina Group's merger was authorized by China in April 2021. The chemical and fluorspar industries are predicted to undergo combined restructuring and have greater growth as a result of this action.
| Report Attributes | Details |
|---|---|
| Fluorspar Market Size (2022) | US$ 1.7 Billion |
| Estimated Market Value (2023) | US$ 1.78 Billion |
| Projected Market Value (2033) | US$ 2.8 Billion |
| Global Market Growth Rate (2023 to 2033) | 4.5% CAGR |
| China Market Growth Rate (2023 to 2023) | 7.7% CAGR |
| Key Companies Profiled | British Fluorspar Ltd.; China Kings Resources Group Co., Ltd.; Gupo Minersa; Jianyang Shanshui Chemicals Industry CORP. Ltd.; Mexichem Fluor S.A. de C.V.; Prima Flurospar Corp.; Seaforth Mineral & Ore Co.; Sinochem Lantian Co., Ltd.; Mongolrostsvetmet LLC |
Which Determinants are Stimulating the Demand for Fluorspar?
“Fluorspar Used in Variety of Chemical Manufacturing Processes”
A key user of fluorspar is the chemical industry, which is anticipated to dominate the market. With ongoing R&D, investments from various chemistry-related sectors, and the use of hydrofluoric acid as a raw material in manufacturing processes such as glass etching and metal cleaning, the global market is expected to grow at a decent pace.
This is partly due to the adaptability of chemicals developed from fluorspar, which are used in the production of goods in numerous other industries, including computer chips, high-octane gasoline, high-performance plastics, enamels, and coatings.
- Sales increased 8% organically and 9% allegedly in the third quarter of 2021, according to Honeywell International, a manufacturer of hydrofluoric acid headquarters in the United States.
There is an increasing need for uranium fuel as a highly effective option for the production of electricity due to the construction of power plants all over the world.
“Increasing Usage of Fluorspar in Automobile Manufacturing”
Growth of the fluorspar market is predicted to be fueled by the rise of the automotive sector during the course of the forecast period. Hydrofluoric acid, a crucial ingredient in the manufacture of aluminum, is made from fluorspar. The automotive sector's extensive use of aluminum is anticipated to continue to be a major development for the global market.
The global automotive industry is predicted to develop as a result of rising demand and production in emerging markets. An increase in consumer disposable income and the growing use of luxury cars and automobiles worldwide, as a result of rising purchasing power, would further accelerate the growth of the fluorspar market. Advancements in lithium-particle batteries over conventional batteries are also anticipated to support market expansion.
What are the Challenges Faced by Fluorspar Manufacturers?
“Limited Supply of Fluorspar and Regulations Associated with Extraction”
One of the major obstacles to the growth of the global market share is the limited supply of fluorspar. Reduced production of hydrogen fluoride, which is necessary to raise the price of hydrogen fluoride within an anticipated time frame, is dependent on the lower supply of fluorspar.
Moreover, there are several environmental laws governing fluorspar-extracted chemicals, which are also anticipated to restrain market expansion. The rate of market expansion for fluorspar is being significantly hampered by these regulations.
Country-wise Analysis
Why is Asia Pacific Leading the Global Market?
“Availability of Cheap labor and several Production-based Units”
China's steelmaking has seen a tremendous rise in capacity because of rising environmental concerns and demand for high standards. Market expansion is predicted to be fueled by an increase in end-use industries such as steel and aluminum across developing countries in the region.
Several large companies from various industries are focusing on moving their production units here due to the availability of cheap labor and the region's fast-increasing industrial industry.
- The output of aluminum in Asia, primarily in China, was 347,000 tons, a decrease of 7.22% from the previous year's production.
- The entire fluorspar reserves/resources of the country are estimated at 18.18 million metric tons based on UNFC methodology, according to the National Mineral Inventory's (NMI) database. Of this sum, reserves make up 0.29 million metric tons (of which 0.22 million metric tons are under the Proved category and 0.06 million metric tons are under the Probable category). 17.89 million metric tons of resources are still available.
What Makes the United States an Attractive Market for Fluorine Compound Suppliers?
“Primary Consumer of Fluorspar and Major Importer of Fluoropolymers”
During the projected period, the fluorspar market in North America is anticipated to expand steadily. Since there is little fluorspar manufacturing in the United States, a majority of the product is imported from Mexico. The United States is one of the product's primary consumers. The product is mostly utilized in the country for the production of hydrofluoric acid and other fluorine compounds.
- The Chemours Corporation, the oldest and most important producer of high-performance fluorspar-made fluoropolymers, has its manufacturing facilities in the country.
In the end-use industries, these are the main importers of high-performance fluoropolymers.
Category-wise Analysis
Which is the Most Widely Used Type of Fluorspar?
“Powder Fluorspar Widely Used in Metallurgical Applications”
Due to the widespread use of high-purity corrosive fight, which is available in fluorspar powder form for compound assembly as well as metallurgical applications in developed regions such as North America and Europe, dry powder made up a significant portion of the global market. This trend is expected to continue over the projected period as well.
What are the Main Applications of Acid Spar?
“Manufacturing of Hydrofluoric Acid to Create Fluorocarbons”
Acid spar, which accounted for 60% of the global demand for fluorspar, is anticipated to continue being a very profitable product category over the course of the projected period. The main application of acid spar is in the manufacturing of hydrofluoric acid, which is then used to create fluorocarbon-derived products such as HFC and fluorspar-based (hydrochlorofluorocarbon) HCFC.
Furthermore, fluorspar is used to make cryolite and fluoropolymers. It mainly functions in the smelting of aluminum. Moreover, the main source of aluminum fluoride (AIF3) used in the smelting of aluminum is acid spar.
Competitive Landscape
Expanding use of fluoropolymers manufactured from fluorspar in lithium batteries will definitely prove to be a fruitful prospect for the growth of the fluorspar industry over the coming years.
Some of the key players in the fluorspar market are Gupo Minersa, Jianyang Shanshui Chemicals Industry CORP. Ltd., and Mexichem Fluor S.A. de C.V.
Recent Market Developments
- December 2020: Ares Strategic Mining, a Canadian firm that owns a fluorspar mine that is licensed and operating in the United States, received technical guarantees that will enable it to create a substance-grade fluorspar that wasn't anticipated to be produced at its Utah site. Ares claims that Mujim Group, its production partner, has created a novel procedure that enables it to produce fluorspar lumps from materials that were previously rejected.
- To enhance the supply of raw materials for the business itself, DFD Chemical Co., Ltd. bought 70% of the shares of Luoyang Lanbao Fluoride Industrial Co., Ltd., a fluorspar mining and beneficiation organization, in September 2019.
Key Segments of Fluorspar Industry Research
-
By Form :
- Powder
- Lumps
- Filter Cakes
-
By Application :
- Acid Spar
- Met Spar
- Ceramic Spar
-
By End Use :
- Aluminium Production
- Steel Production
- Hydrofluoric Acid Production
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific & China
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Global Market Demand (US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form
- 6.1. Powder
- 6.2. Lumps
- 6.3. Filter Cakes
- 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application
- 7.1. Acid Spar
- 7.2. Met Spar
- 7.3. Ceramic Spar
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by End Use
- 8.1. Aluminium Production
- 8.2. Steel Production
- 8.3. Hydrofluoric Acid Production
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East and Africa (MEA)
- 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. South Asia & Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. British Ltd.
- 17.2. China Kings Resources Group Co., Ltd.
- 17.3. Gupo Minersa
- 17.4. Jianyang Shanshui Chemicals Industry CORP. Ltd.
- 17.5. Mexichem Fluor S.A. de C.V.
- 17.6. Prima Fluorspar Corp.
- 17.7. Seaforth Mineral & Ore Co.
- 17.8. Sinochem Lantian Co., Ltd.
- 17.9. Mongolrostsvetmet LLC
- 18. Assumptions and Acronyms Used
- 19. Research Methodology
List Of Table
Table 1: Global Market Value (US$ Mn) Analysis, by Form, 2018 to 2022
Table 2: Global Market Value (US$ Mn) Analysis, by Form, 2023 to 2033
Table 3: Global Market Value (US$ Mn) Opportunity Analysis, by Form, 2023 to 2033
Table 4: Global Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 5: Global Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 6: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 7: Global Market Value (US$ Mn) Analysis, by End Use, 2018 to 2022
Table 8: Global Market Value (US$ Mn) Analysis, by End Use, 2023 to 2033
Table 9: Global Market Value (US$ Mn) Opportunity Analysis, by End Use, 2023 to 2033
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2022
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2023 to 2033
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2023 to 2033
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 16: North America Market Value (US$ Mn) Analysis, by Form, 2018 to 2022
Table 17: North America Market Value (US$ Mn) Analysis, by Form, 2023 to 2033
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Form, 2023 to 2033
Table 19: North America Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 20: North America Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 22: North America Market Value (US$ Mn) Analysis, by End Use, 2018 to 2022
Table 23: North America Market Value (US$ Mn) Analysis, by End Use, 2023 to 2033
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2023 to 2033
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 28: Latin America Market Value (US$ Mn) Analysis, by Form, 2018 to 2022
Table 29: Latin America Market Value (US$ Mn) Analysis, by Form, 2023 to 2033
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Form, 2023 to 2033
Table 31: Latin America Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 32: Latin America Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 34: Latin America Market Value (US$ Mn) Analysis, by End Use, 2018 to 2022
Table 35: Latin America Market Value (US$ Mn) Analysis, by End Use, 2023 to 2033
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2023 to 2033
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 40: Europe Market Value (US$ Mn) Analysis, by Form, 2018 to 2022
Table 41: Europe Market Value (US$ Mn) Analysis, by Form, 2023 to 2033
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Form, 2023 to 2033
Table 43: Europe Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 44: Europe Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 46: Europe Market Value (US$ Mn) Analysis, by End Use, 2018 to 2022
Table 47: Europe Market Value (US$ Mn) Analysis, by End Use, 2023 to 2033
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2023 to 2033
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 52: East Asia Market Value (US$ Mn) Analysis, by Form, 2018 to 2022
Table 53: East Asia Market Value (US$ Mn) Analysis, by Form, 2023 to 2033
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Form, 2023 to 2033
Table 55: East Asia Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 56: East Asia Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 58: East Asia Market Value (US$ Mn) Analysis, by End Use, 2018 to 2022
Table 59: East Asia Market Value (US$ Mn) Analysis, by End Use, 2023 to 2033
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by End Use, 2023 to 2033
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Form, 2018 to 2022
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Form, 2023 to 2033
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Form, 2023 to 2033
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by End Use, 2018 to 2022
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by End Use, 2023 to 2033
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by End Use, 2023 to 2033
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2022
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2023 to 2033
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033
Table 76: MEA Market Value (US$ Mn) Analysis, by Form, 2018 to 2022
Table 77: MEA Market Value (US$ Mn) Analysis, by Form, 2023 to 2033
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Form, 2023 to 2033
Table 79: MEA Market Value (US$ Mn) Analysis, by Application, 2018 to 2022
Table 80: MEA Market Value (US$ Mn) Analysis, by Application, 2023 to 2033
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033
Table 82: MEA Market Value (US$ Mn) Analysis, by End Use, 2018 to 2022
Table 83: MEA Market Value (US$ Mn) Analysis, by End Use, 2023 to 2033
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by End Use, 2023 to 2033
List Of Figures
Figure 1: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 2: Global Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 3: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 4: Global Market Incremental $ Opportunity, 2023 to 2033
Figure 5: Global Market Share and BPS Analysis by Form, 2023 & 2033
Figure 6: Global Market Y-o-Y Growth Projections by Form, 2023 to 2033
Figure 7: Global Market Attractiveness Analysis by Form, 2023 to 2033
Figure 8: Global Market Share and BPS Analysis by Application, 2023 & 2033
Figure 9: Global Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Application, 2023 to 2033
Figure 11: Global Market Share and BPS Analysis by End Use, 2023 & 2033
Figure 12: Global Market Y-o-Y Growth Projections by End Use, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 14: Global Market Share and BPS Analysis by Region, 2023 & 2033
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2033
Figure 20: North America Market Incremental $ Opportunity, 2023 to 2033
Figure 21: North America Market Share Analysis by Country, 2023 & 2033
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 24: North America Market Share and BPS Analysis by Form, 2023 & 2033
Figure 25: North America Market Y-o-Y Growth Projections by Form, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis by Form, 2023 to 2033
Figure 27: North America Market Share and BPS Analysis by Application, 2023 & 2033
Figure 28: North America Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 30: North America Market Share and BPS Analysis by End Use, 2023 & 2033
Figure 31: North America Market Y-o-Y Growth Projections by End Use, 2023 to 2033
Figure 32: North America Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 36: Latin America Market Incremental $ Opportunity, 2023 to 2033
Figure 37: Latin America Market Share Analysis by Country, 2023 & 2033
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 39: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 40: Latin America Market Share and BPS Analysis by Form, 2023 & 2033
Figure 41: Latin America Market Y-o-Y Growth Projections by Form, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis by Form, 2023 to 2033
Figure 43: Latin America Market Share and BPS Analysis by Application, 2023 & 2033
Figure 44: Latin America Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 45: Latin America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 46: Latin America Market Share and BPS Analysis by End Use, 2023 & 2033
Figure 47: Latin America Market Y-o-Y Growth Projections by End Use, 2023 to 2033
Figure 48: Latin America Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 52: Europe Market Incremental $ Opportunity, 2023 to 2033
Figure 53: Europe Market Share Analysis by Country, 2023 & 2033
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 55: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 56: Europe Market Share and BPS Analysis by Form, 2023 & 2033
Figure 57: Europe Market Y-o-Y Growth Projections by Form, 2023 to 2033
Figure 58: Europe Market Attractiveness Analysis by Form, 2023 to 2033
Figure 59: Europe Market Share and BPS Analysis by Application, 2023 & 2033
Figure 60: Europe Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 62: Europe Market Share and BPS Analysis by End Use, 2023 & 2033
Figure 63: Europe Market Y-o-Y Growth Projections by End Use, 2023 to 2033
Figure 64: Europe Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 68: East Asia Market Incremental $ Opportunity, 2023 to 2033
Figure 69: East Asia Market Share Analysis by Country, 2023 & 2033
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 71: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 72: East Asia Market Share and BPS Analysis by Form, 2023 & 2033
Figure 73: East Asia Market Y-o-Y Growth Projections by Form, 2023 to 2033
Figure 74: East Asia Market Attractiveness Analysis by Form, 2023 to 2033
Figure 75: East Asia Market Share and BPS Analysis by Application, 2023 & 2033
Figure 76: East Asia Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 77: East Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 78: East Asia Market Share and BPS Analysis by End Use, 2023 & 2033
Figure 79: East Asia Market Y-o-Y Growth Projections by End Use, 2023 to 2033
Figure 80: East Asia Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2023 to 2033
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2023 & 2033
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Form, 2023 & 2033
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Form, 2023 to 2033
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Form, 2023 to 2033
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Application, 2023 & 2033
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Application, 2023 to 2033
Figure 94: South Asia & Oceania Market Share and BPS Analysis by End Use, 2023 & 2033
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by End Use, 2023 to 2033
Figure 96: South Asia & Oceania Market Attractiveness Analysis by End Use, 2023 to 2033
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2022
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2033
Figure 100: MEA Market Incremental $ Opportunity, 2023 to 2033
Figure 101: MEA Market Share Analysis by Country, 2023 & 2033
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 103: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 104: MEA Market Share and BPS Analysis by Form, 2023 & 2033
Figure 105: MEA Market Y-o-Y Growth Projections by Form, 2023 to 2033
Figure 106: MEA Market Attractiveness Analysis by Form, 2023 to 2033
Figure 107: MEA Market Share and BPS Analysis by Application, 2023 & 2033
Figure 108: MEA Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 109: MEA Market Attractiveness Analysis by Application, 2023 to 2033
Figure 110: MEA Market Share and BPS Analysis by End Use, 2023 & 2033
Figure 111: MEA Market Y-o-Y Growth Projections by End Use, 2023 to 2033
Figure 112: MEA Market Attractiveness Analysis by End Use, 2023 to 2033
- FAQs -
What is the current size of the fluorspar market?
The global fluorspar market is valued at US$ 1.78 billion in 2023.
What is the predicted growth rate for the global fluorspar market?
Global demand for fluorspar is projected to increase at a CAGR of 4.5% from 2023 to 2033.
What is the expected market value for fluorspar by 2033?
The market for fluorspar is anticipated to reach US$ 2.8 billion by 2033.
At what rate is the Asia Pacific market expected to expand through 2033?
The market in Asia Pacific is set to expand rapidly at 7.7% CAGR between 2023 and 2033
What is the regional segmentation of the market?
The global market is segmented regionally into North America, Latin Asia Pacific, Europe, and the Middle East & Africa.
Who are the key companies manufacturing fluorspar?
British Fluorspar Ltd., China kings Resources Group Co., Ltd., Gupo Minersa, Jianyang Shanshui Chemicals Industry CORP. Ltd., and Mexichem Fluor S.A. de C.V. are key players in the market.
Fluorspar Market