Fluorspar Market by Product and Application - Global Industry Analysis and Forecast to 2023
Published On : March 2018 Pages : 90 Category: Advanced Materials Report Code : CM03660
Industry Outlook and Trend Analysis
The Fluorspar Market was worth USD 1.77 billion in 2017 and is expected to reach approximately USD 2.55 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.16% during the forecast period. The fluorspar market will witness relentless development amid the estimate time frame inferable from the products usage as a raw material in the generation of hydrofluoric corrosive, which is a forerunner to all fluorine compounds. Fluorspar usage in the generation of steel and aluminum will likewise be a main consideration behind its market development. The product, ordinarily known as fluorite, is the mineral type of calcium fluoride. Rising fluorochemicals request from a scope of end-user enterprises alongside expanding creation of aluminum and steel will move the worldwide fluorspar market development amid the estimate time frame.
Product Outlook and Trend Analysis
Acidspar contains more than 97% calcium fluoride and is chiefly used as a part of the creation gracious hydrofluoric acid which is then used to fabricate an assortment of products including foam blowing operators, refrigerants, fluorocarbon chemicals, fluoride chemicals, and so forth. This is the biggest product fragment which is probably going to develop with a significant CAGR over the figure time allotment. Ceramic product fragment market esteem was more than USD 10 billion of every 2017.
Application Outlook and Trend Analysis
Hydrofluoric acid creation represented most of the share of the market in 2017 and will continue to develop amid the figure time allotment. Aluminum generation application portion represented over 15% of the general share of the overall industry in 2017. Vehicle request has seen quick development inferable from expanding wage levels in the rising economies.
Regional Outlook and Trend Analysis
North America fluorspar market will witness development of over 3.5% CAGR amid the estimate time frame. The U.S. is the one of the biggest buyers of the product and because of the lack of sources of fluorite in the nation; the greater part of the product is foreign made from Mexico. The [product is majorly used as a part of the U.S. to fabricate hydrofluoric acid and other fluorine compounds. Europe is a critical fluorspar market representing over 15% share of the general business. Germany, Italy, and France will drive interest for the item in the estimate time period.
Competitive Insights
The leading players in the market are China Kings Resources G, Centralfluor Industries Group, Rusal, Kenya Fluorspar Company Ltd, British Fluorspar, China Yingpeng Chemical Co Ltd, Seaforth Mineral & Ore Co Inc, Mexichem and Minersa Group. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Fluorspar Market is segmented as follows-
By Product:
- Metaspar
- Ceramic
- Acidspar
By Application:
- Hydrofluoric Acid
- Aluminum
- Steel
By Region
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia Pacific
- Rest of the World
- Brazil
- South Africa
- Saudi Arabia
- United Arab Emirates
- Others
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Fluorspar Market, By Application, Estimates and Forecast, 2014-2023 ($Million)
· Aluminum
· Steel
· Hydrofluoric Acid
· Fluorspar Market, By Product, Estimates and Forecast, 2014-2023 ($Million)
· Acidspar
· Metaspar
· Ceramic
· Fluorspar Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
· North America
§ North America Fluorspar Market, By Country
o U.S. Fluorspar Market
o Canada Fluorspar Market
o Mexico Fluorspar Market
· Europe
§ Europe Fluorspar Market, By Country
o Germany Fluorspar Market
o UK Fluorspar Market
o France Fluorspar Market
o Russia Fluorspar Market
o Italy Fluorspar Market
o Rest of Europe Fluorspar Market
· Asia-Pacific
§ Asia-Pacific Fluorspar Market, By Country
o China Fluorspar Market
o Japan Fluorspar Market
o South Korea Fluorspar Market
o India Fluorspar Market
o Southeast Asia Fluorspar Market
o Rest of Asia-Pacific Fluorspar Market
· South America
§ South America Fluorspar Market
o Brazil Fluorspar Market
o Argentina Fluorspar Market
o Columbia Fluorspar Market
o South Africa Fluorspar Market
o Rest of South America Fluorspar Market
· Middle East and Africa
§ Middle East and Africa Fluorspar Market
o Saudi Arabia Fluorspar Market
o UAE Fluorspar Market
o Egypt Fluorspar Market
o Nigeria Fluorspar Market
o South Africa Fluorspar Market
o Rest of MEA Fluorspar Market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. Fluorspar Market, By Application
5.1. Introduction
5.2. Global Fluorspar Sales, Revenue and Market Share by Application (2017-2027)
5.2.1. Global Fluorspar Sales and Sales Share by Application (2017-2027)
5.2.2. Global Fluorspar Revenue and Revenue Share by Application (2017-2027)
5.3. Aluminum
5.3.1. Global Aluminum Sales and Growth Rate (2017-2027)
5.4. Steel
5.4.1. Global Steel Sales and Growth Rate (2017-2027)
5.5. Hydrofluoric Acid
5.5.1. Global Hydrofluoric Acid Sales and Growth Rate (2017-2027)
6. Fluorspar Market, By Product
6.1. Introduction
6.2. Global Fluorspar Sales, Revenue and Market Share by Product (2017-2027)
6.2.1. Global Fluorspar Sales and Sales Share by Product (2017-2027)
6.2.2. Global Fluorspar Revenue and Revenue Share by Product (2017-2027)
6.3. Acidspar
6.3.1. Global Acidspar Sales and Growth Rate (2017-2027)
6.4. Metaspar
6.4.1. Global Metaspar Sales and Growth Rate (2017-2027)
6.5. Ceramic
6.5.1. Global Ceramic Sales and Growth Rate (2017-2027)
7. Fluorspar Market, By Region
7.1. Introduction
7.2. Global Fluorspar Sales, Revenue and Market Share by Regions
7.2.1. Global Fluorspar Sales by Regions (2017-2027)
7.2.2. Global Fluorspar Revenue by Regions (2017-2027)
7.3. North America Fluorspar by Countries
7.3.1. North America Fluorspar Sales and Growth Rate (2017-2027)
7.3.2. North America Fluorspar Revenue and Growth Rate (2017-2027)
7.3.3. North America Fluorspar Sales by Countries (2017-2027)
7.3.4. North America Fluorspar Revenue (Million USD) by Countries (2017-2027)
7.3.5. U.S.
7.3.5.1. United States Fluorspar Sales and Growth Rate (2017-2027)
7.3.5.2. United States Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.3.6. Canada
7.3.6.1. Canada Fluorspar Sales and Growth Rate (2017-2027)
7.3.6.2. Canada Fluorspar Sales (Millions USD) and Growth Rate (2017-2027)
7.3.7. Mexico
7.3.7.1. Mexico Fluorspar Sales and Growth Rate (2017-2027)
7.3.7.2. Mexico Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.4. Europe Fluorspar by Countries
7.4.1. Europe Fluorspar Sales and Growth Rate (2017-2027)
7.4.2. Europe Fluorspar Revenue and Growth Rate (2017-2027)
7.4.3. Europe Fluorspar Sales by Countries (2017-2027)
7.4.4. Europe Fluorspar Revenue (Million USD) by Countries (2017-2027)
7.4.5. Germany
7.4.5.1. Germany Fluorspar Sales and Growth Rate (2017-2027)
7.4.5.2. Germany Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.6. UK
7.4.6.1. UK Fluorspar Sales and Growth Rate (2017-2027)
7.4.6.2. UK Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.7. France
7.4.7.1. France Fluorspar Sales and Growth Rate (2017-2027)
7.4.7.2. France Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.8. Russia
7.4.8.1. Russia Fluorspar Sales and Growth Rate (2017-2027)
7.4.8.2. Russia Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.9. Italy
7.4.9.1. Italy Fluorspar Sales and Growth Rate (2017-2027)
7.4.9.2. Italy Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.10. Rest of Europe
7.4.10.1. Rest of Europe Fluorspar Sales and Growth Rate (2017-2027)
7.4.10.2. Rest of Europe Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.5. Asia-Pacific
7.5.1. Asia-Pacific Fluorspar Sales and Growth Rate (2017-2027)
7.5.2. Asia-Pacific Fluorspar Revenue and Growth Rate (2017-2027)
7.5.3. Asia-Pacific Fluorspar Sales by Countries (2017-2027)
7.5.4. Asia-Pacific Fluorspar Revenue (Million USD) by Countries (2017-2027)
7.5.5. China
7.5.5.1. China Fluorspar Sales and Growth Rate (2017-2027)
7.5.5.2. China Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.6. Japan
7.5.6.1. Japan Fluorspar Sales and Growth Rate (2017-2027)
7.5.6.2. Japan Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.6.3.
7.5.7. Korea
7.5.7.1. Korea Fluorspar Sales and Growth Rate (2017-2027)
7.5.7.2. Korea Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.8. India
7.5.8.1. India Fluorspar Sales and Growth Rate (2017-2027)
7.5.8.2. India Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.9. Southeast Asia
7.5.9.1. Southeast Asia Fluorspar Sales and Growth Rate (2017-2027)
7.5.9.2. Southeast Asia Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.10. Rest of Asia-Pacific
7.5.10.1. Rest of Asia-Pacific Fluorspar Sales and Growth Rate (2017-2027)
7.5.10.2. Rest of Asia-Pacific Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.6. South America
7.6.1. South America Fluorspar Sales and Growth Rate (2017-2027)
7.6.2. South America Fluorspar Revenue and Growth Rate (2017-2027)
7.6.3. South America Fluorspar Sales by Countries (2017-2027)
7.6.4. South America Fluorspar Revenue (Million USD) by Countries (2017-2027)
7.6.5. Brazil
7.6.5.1. Brazil Fluorspar Sales and Growth Rate (2017-2027)
7.6.5.2. Brazil Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.6. Argentina
7.6.6.1. Argentina Fluorspar Sales and Growth Rate (2017-2027)
7.6.6.2. Argentina Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.7. Columbia
7.6.7.1. Columbia Fluorspar Sales and Growth Rate (2017-2027)
7.6.7.2. Columbia Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.8. Rest of South America
7.6.8.1. Rest of South America Fluorspar Sales and Growth Rate (2017-2027)
7.6.8.2. Rest of South America Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.7. Middle East and Africa
7.7.1. Middle East and Africa Fluorspar Sales and Growth Rate (2017-2027)
7.7.2. Middle East and Africa Fluorspar Revenue and Growth Rate (2017-2027)
7.7.3. Middle East and Africa Fluorspar Sales by Countries (2017-2027)
7.7.4. Middle East and Africa Fluorspar Revenue (Million USD) by Countries (2017-2027)
7.7.5. Saudi Arabia
7.7.5.1. Saudi Arabia Fluorspar Sales and Growth Rate (2017-2027)
7.7.5.2. Saudi Arabia Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.6. United Arab Emirates
7.7.6.1. United Arab Emirates Fluorspar Sales and Growth Rate (2017-2027)
7.7.6.2. United Arab Emirates Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.7. Egypt
7.7.7.1. Egypt Fluorspar Sales and Growth Rate (2017-2027)
7.7.7.2. Egypt Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.8. Nigeria
7.7.8.1. Nigeria Fluorspar Sales and Growth Rate (2017-2027)
7.7.8.2. Nigeria Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.9. South Africa
7.7.9.1. South Africa Fluorspar Sales and Growth Rate (2017-2027)
7.7.9.2. South Africa Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.10. Rest of Middle East and Africa
7.7.10.1. Rest of Middle East and Africa Fluorspar Sales and Growth Rate (2017-2027)
7.7.10.2. Rest of Middle East and Africa Fluorspar Revenue (Millions USD) and Growth Rate (2017-2027)
8. Company Profiles
8.1. Mexichem S.A.B. de C.V.
8.1.1. Business Overview
8.1.2. Product Portfolio
8.1.3. Strategic Developments
8.1.4. Sales, Revenue and Market Share
8.2. Centralfluor Industries Group,Inc.
8.2.1. Business Overview
8.2.2. Product Portfolio
8.2.3. Strategic Developments
8.2.4. Sales, Revenue and Market Share
8.3. Zhejiang Wuyi Shenglong Flotation Co., LTD
8.3.1. Business Overview
8.3.2. Product Portfolio
8.3.3. Strategic Developments
8.3.4. Sales, Revenue and Market Share
8.4. MINERSA GROUP
8.4.1. Business Overview
8.4.2. Product Portfolio
8.4.3. Strategic Developments
8.4.4. Sales, Revenue and Market Share
8.5. Seaforth Mineral & Ore Co.
8.5.1. Business Overview
8.5.2. Product Portfolio
8.5.3. Strategic Developments
8.5.4. Sales, Revenue and Market Share
8.6. Kenya Fluorspar Company Ltd.
8.6.1. Business Overview
8.6.2. Product Portfolio
8.6.3. Strategic Developments
8.6.4. Sales, Revenue and Market Share
8.7. British Fluorspar Ltd
8.7.1. Business Overview
8.7.2. Product Portfolio
8.7.3. Strategic Developments
8.7.4. Sales, Revenue and Market Share
8.8. China Kings Resources Group Co. Ltd.
8.8.1. Business Overview
8.8.2. Product Portfolio
8.8.3. Strategic Developments
8.8.4. Sales, Revenue and Market Share
8.9. Masan Group
8.9.1. Business Overview
8.9.2. Product Portfolio
8.9.3. Strategic Developments
8.9.4. Sales, Revenue and Market Share
8.10. Mongolrostsvetmet LLC.
8.10.1. Business Overview
8.10.2. Product Portfolio
8.10.3. Strategic Developments
8.10.4. Sales, Revenue and Market Share
9. Global Fluorspar Market Competition, by Manufacturer
9.1. Global Fluorspar Sales and Market Share by Manufacturer (2017-2017)
9.2. Global Fluorspar Revenue and Market Share by Manufacturer (2017-2017)
9.3. Global Fluorspar Price by Manufacturer (2017-2017)
9.4. Top 5 Fluorspar Manufacturer Market Share
9.5. Market Competition Trend
10. Fluorspar Market Forecast (2027-2023)
10.1. Global Fluorspar Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
10.2. Fluorspar Market Forecast by Regions (2027-2023)
10.2.1. North America Fluorspar Market Forecast (2027-2023)
10.2.1.1. United States Fluorspar Market Forecast (2027-2023)
10.2.1.2. Canada Fluorspar Market Forecast (2027-2023)
10.2.1.3. Mexico Fluorspar Market Forecast (2027-2023)
10.2.2. Europe Fluorspar Market Forecast (2027-2023)
10.2.2.1. Germany Fluorspar Market Forecast (2027-2023)
10.2.2.2. United Kingdom Fluorspar Market Forecast (2027-2023)
10.2.2.3. France Fluorspar Market Forecast (2027-2023)
10.2.2.4. Russia Fluorspar Market Forecast (2027-2023)
10.2.2.5. Italy Fluorspar Market Forecast (2027-2023)
10.2.2.6. Rest of the Europe Fluorspar Market Forecast (2027-2023)
10.2.3. Asia-Pacific Fluorspar Market Forecast (2027-2023)
10.2.3.1. China Fluorspar Market Forecast (2027-2023)
10.2.3.2. Japan Fluorspar Market Forecast (2027-2023)
10.2.3.3. Korea Fluorspar Market Forecast (2027-2023)
10.2.3.4. India Fluorspar Market Forecast (2027-2023)
10.2.3.5. Southeast Asia Fluorspar Market Forecast (2027-2023)
10.2.3.6. Rest of Asia-Pacific Fluorspar Market Forecast (2027-2023)
10.2.4. South America Fluorspar Market Forecast (2027-2023)
10.2.4.1. Brazil Fluorspar Market Forecast (2027-2023)
10.2.4.2. Argentina Fluorspar Market Forecast (2027-2023)
10.2.4.3. Columbia Fluorspar Market Forecast (2027-2023)
10.2.4.4. Rest of South America Fluorspar Market Forecast (2027-2023)
10.2.5. Middle East and Africa Fluorspar Market Forecast (2027-2023)
10.2.5.1. Saudi Arabia Fluorspar Market Forecast (2027-2023)
10.2.5.2. UAE Fluorspar Market Forecast (2027-2023)
10.2.5.3. Egypt Fluorspar Market Forecast (2027-2023)
10.2.5.4. Nigeria Fluorspar Market Forecast (2027-2023)
10.2.5.5. South Africa Fluorspar Market Forecast (2027-2023)
10.2.5.6. Rest of MEA Fluorspar Market Forecast (2027-2023)
10.3. Fluorspar Market Forecast by Application (2027-2023)
10.3.1. Global Fluorspar Sales Forecast by Application (2027-2023)
10.3.2. Global Fluorspar Sales Market Share Forecast by Application (2027-2023)
10.4. Fluorspar Market Forecast by Product (2027-2023)
10.4.1. Global Fluorspar Sales Forecast by Product (2027-2023)
10.4.2. Global Fluorspar Sales Market Share Forecast by Product (2027-2023)
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Fluorspar Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
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Demand Side |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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