Calcium Fluoride Market - Forecast(2020 - 2025)

Report Code: CMR 0802 Report Format: PDF + Excel (Delivery in 48 Hrs)

Overview

Calcium Fluoride Market is forecast to reach $1828.19 million by 2025, after growing at a CAGR of 8% during 2020-2025. With rise in the consumption of aluminum products from the end user industry will upsurge the market in the forecast period. Calcium Fluoride is the primary source of fluorine in the production of hydrogen fluoride and calcium sulfate across globe. The report covers Fluoride Market size by type and applications, Fluoride Market share by top 5 companies and also the market share by start-ups during the forecast period.

Report Coverage

The report: “Calcium Fluoride Market – Forecast (2019-2024)”, by IndustryARC, covers an in-depth analysis of the following segments of the Calcium Fluoride Market.


Key Takeaways

  • Asia-Pacific dominates the Calcium Fluoride market owing to rapid industrialization and automotive sector.  
  • Another niche but essential application of calcium fluoride is in the glass manufacturing as it exhibits impeccable properties such as shallow refractive index and is transparent in both infrared and ultraviolet wavelengths.

Type - Segment Analysis

Greater than 97% Calcium Fluoride held the largest share in the Calcium Fluoride market in 2019. Greater than 97% calcium fluoride mainly represents metallurgical and ceramic grade fluorspar, consumed in metallurgical industry, glass industry, ceramic industry and others. According to Product Complexity Index, Fluorspar, Greater than 97% calcium fluoride are the 3479th most traded product and the 3980th most complex product in 2018. Globally major exporters of fluorspar, Greater than 97% calcium fluoride are Mangolia ($67.1 million) followed by Mexico ($64.6 million), China ($41.9 million), The Netherland ($9 million) and Italy ($5.66 million) according to Observatory of Economic Complexity (OEC) in 2018. Whereas the top importers were Russia ($34.3 million), China ($28.7 million), Japan ($18 million), Turkey ($15.6 million) and the United States ($15.2 million).

Application - Segment Analysis

Metallurgical Industry has been the primary market for Calcium Fluoride. Calcium fluoride is found in the form of mineral fluorite which is used in applications such as aluminum metallurgy, welding agents, optical and others. The demand for aluminum products from the automotive and aerospace industry will propagate the calcium fluorite market. Due to increase in the global middle class spending and absence of effective alternatives to fossil fuels, the consumption of Calcium Fluoride has always been considerably high in automotive application in comparison to other applications.

China has the largest automotive industry in the world and one of the largest civilian aircraft markets. According to OICA, China held 35 percent share in global passenger cars sales in 2017.  India also has excellent potential for automotive industry growth in the future. The country's automotive industry experienced 8% growth in production in 2018, over the previous year. With more than 11 million vehicles traveling on the U.S. roads, which is 11.5 percent of the total vehicles in the world as reported by the OICA in 2017, there will be tremendous demand for Calcium Fluoride in the automotive application.

Geography - Segment Analysis

APAC dominated the Calcium Fluoride market with a share of more than 38%, followed by North America and Europe. The calcium fluoride market growth in Asia Pacific is augment to grow owing to increase in automotive production and rapid industrialisation in the region. The industrialisation was supported by exports, and coordinated economic policies across sectors and over time. Due to increased demand for glass from the construction industry over the forecast period, the North American region is expected to see fair growth. Additionally, substantial growth is also anticipated in the European region as a result of increased demand for the product during the forecast period in welding joints, alumina products and brake lining.

Drivers – Calcium Fluoride Market

  • Rise in demand for aluminum products in end use industry

Aluminum has many uses across various end use industries including, Automotive, Aerospace, Marine, Packaging, Construction, Consumer durables, electronics, machinery and others. Aluminum recovery from scrap has become an important component of the aluminum industry. Global energy intensity of overall aluminium production fell by 1.1% in 2017, compared with annual reductions of 1.7% in 2010?16. The global primary aluminum production reached 64.3 million metric tons in 2018. According to the International Aluminum Institute (IAI), China and accounted for over 40 million metric tons of aluminum in 2018. The future of the aerospace industry is bright and will be characterized by strong aircraft demand for the foreseeable future. The number of commercial passenger and cargo aircraft fleet, as well as the annual number of passengers, are forecast to double over the next two decades. The increase in aircraft fleet will propel the consumption of aluminum in the production of fleets.

Challenges – Calcium Fluoride Market

  • Alternatives of calcium fluoride can hamper the market

Fluorosilic acid is used for the production of aluminum fluoride (AlF3), but AlF3 derived from fluorosilic acid is not readily substituted by AlF3 produced from fluorspar due to different physical properties. Fluorosilicic acid has been used to produce hydrogen fluoride, but this practice has not been widely adopted. The preferred product is currently aqueous hydrogen fluoride rather than fluorspar. Aluminum smelting dross, borax, calcium chloride, iron oxides, manganese ore, silica sand, and titanium dioxide have been used as substitutes for fluorspar fluxes.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Calcium Fluoride market. In 2019, the market of Calcium Fluoride has been consolidated by the top five players accounting for xx% of the share. Major players in the Calcium Fluoride Market are Solvay SA, American Element, Fluorchemie Group, Super Conductor Materials Inc., and Aldon Corporation, among others. 

1. Calcium Fluoride Market- Market Overview
    1.1  Definitions and Scope
2. Calcium Fluoride Market- Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by Type
    2.3 Key trends by Application 
    2.4 Key trends by Geography
3. Calcium Fluoride Market- Landscape
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis- Top 10 Companies
        3.1.2 Product Benchmarking- Top 10 Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top 10 Companies
        3.1.5 Pricing Analysis
4. Calcium Fluoride Market - Startup companies Scenario Premium Premium  
    4.1 Top 10 startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5  Venture Capital and Funding Scenario
5. Calcium Fluoride Market– Industry Market Entry Scenario Premium Premium  
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top 10 companies
6. Calcium Fluoride Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Calcium Fluoride Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Product life cycle
    7.4 Suppliers and distributors Analysis
8. Calcium Fluoride Market– By Type (Market Size -$Million, KT)
    8.1 >97% Calcium Fluoride
    8.2  >97% Calcium Fluoride
9. Calcium Fluoride Market– By Application (Market Size -$Million, KT)
    9.1 Metallurgical Industry
    9.2 Chemical Industry
    9.3 Construction Industry
    9.4 Optical Industry
    9.5 Others
10. Calcium Fluoride Market - By Geography (Market Size -$Million / KT)
    10.1 North America 
        10.1.1 U.S
        10.1.2 Canada
        10.1.3 Mexico
    10.2 South America
        10.2.1 Brazil
        10.2.2 Argentina
        10.2.3 Chile
        10.2.4 Colombia
        10.2.5 Rest of South America
    10.3 Europe 
        10.3.1 Germany
        10.3.2 United Kingdom
        10.3.3 France
        10.3.4 Italy
        10.3.5 Russia
        10.3.6 Rest of Europe
    10.4 APAC 
        10.4.1 China
        10.4.2 Japan
        10.4.3 India
        10.4.4 South Korea
        10.4.5 Rest of APAC
    10.5 RoW 
        10.5.1 Middle East 
        10.5.2 Africa
11. Calcium Fluoride Market- Entropy
12. Calcium Fluoride Market- List of Key Companies by Country Premium  
13. Calcium Fluoride Market Company Analysis
    13.1 Market Share, Company Revenue, Products, M&A, Developments
    13.2 Company 1
    13.3 Company 2
    13.4 Company 3
    13.5 Company 4
    13.6 Company 5
    13.7 Company 6
    13.8 Company 7
    13.9 Company 8
    13.10  Company 9
    13.11  Company 10 and more
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