Fluorite Market By Deposit Type (Hydrothermal Veins & Stockworks, Stratiform Replacement Deposits, And Others), Grade (Acid Grade Fluorite, Ceramic Grade Fluorite, And Metallurgical Grade Fluorite), And Application (Chemical Industry, Building Material Industry, Metallurgical Industry, And Others) - Global Forecast 2019 To 2024

Report Code: CMR 63420 Report Format: PDF + Excel (Delivery in 48 Hrs)
Overview

Fluorite Market is forecast to reach $2.08 billion by 2025, after growing at a CAGR of 4.8% during 2020-2025. The improvement in mining sector’s performance in past few years has rebounded after facing slump in the market. Fluorite is an industrial mineral where nearly two thirds of the world’s fluorite production is used for manufacturing hydrofluoric acid. 

Key Takeaways
  • Asia-Pacific dominates the fluorite market owing to huge production and high exports from China. 
  • Approximately one third of fluorite produced globally is of metallurgical grade and is used primarily for production of aluminum and flux in steel making. 
  • Fluorite is the raw material used in the production of hydrofluoric acid. The presence of alternative source of hydrofluoric acid such as calcium fluoride, depleted uranium hexafluoride, sodium fluoride and sodium fluorosilicate can affect the fluorite market growth. 
Grade- Segment Analysis

Acid Grade Fluoriteheldthe largest share in the fluorite market in 2019. Among all the fluorite grade, acid grade fluorite accounts for about 95% of fluorite consumption in U.S where acid fluorite is used to produce hydrogen fluorite and hydrofluoric acid by mixing the fluorite with sulfuric acid. 

Whereas ceramic grade fluorite is used in the manufacture of opalescent glass, enamels, and cooking utensils. Metallurgical grade fluorite are the lowest grade fluorite among the three grades. Traditionally the metallurgical grade has been utilized as flux into the steel and aluminum production. 

Application - Segment Analysis

Chemical Industry has been the primary market for fluorite for many years. Fluorite is the primary component in production of hydrofluoric acid. Large amount of hydrofluoric acid is utilized in the manufacture of neon and argon gases. These gases are used as refrigerants and propellants across various domains. According to IMFORMED Industrial Mineral Forums and Research Ltd., Fluoro-refrigerant market in South America, Asia Pacific (Except Australia and New Zealand), Africa, and parts of Middle East will have moderate growth by 2024. Additionally, U.S., Russia, Australia, New Zealand, and parts of Central Asia will have sluggish growth by 2024. 

The ongoing trade war between U.S. and China will have some impact on the fluorochemical demand. Fluorochemcial will have a moderate growth as it is widely incorporated for fluoroplastic and fluoroelastomer production by 2024. Further, it has been concluded that there will be slight growth in global HFC production and consumption in the short term by 2024. Hydrofluoroolefins will register a strong growth in terms of production and consumption because of mobile air conditioning and plastic foam blowing.
 
Geography- Segment Analysis

APAC dominated the fluorite market with a share of more than 33%,followed by North America and Europe. In the developing region such as APAC, the demand for steel and aluminum contributes to the growth of fluorite market revenue. Aluminum is widely used in the manufacture of aircraft and automobiles. Owing to GDP growth and growing disposable income, there is a substantial increase in automotive production in APAC countries along with increasing vehicle demand.

In 2017, fluorite production was down by 10% globally which was lowest in a decade. According to Kerry Satterthwaite, Division Manager, Carbon & Chemicals, Roskill Information Services Ltd “In 2017 and 2018 Chinese production was down by 13% with both acid grade and metallurgy grade fluorite affected by production shutdowns. The decline in production was due to environmental and mining controls”. Further, Kerry Satterthwaite added that other major producers across globe filled the gap left by declining Chinese export.  

Drivers –Fluorite Market
  • Growing demand for fluorite across various Application
The constant demand for fluorite in chemical industry and its wide utilization in the glass manufacturing are driving the fluorite market. The glass and chemical industry both accounts majority of fluorite demand globally. 
  • The rise in trade, and consumption will drive Fluorite market. 
North America, Europe and Asia Pacific are the major buyers of fluorite whereas Western Europe, China and the U.Sare the largest consumer of fluoride globally. Western Europe, and the U.S. in particular are the main consumers of acid fluorite which is used in the manufacture of hydrofluoric acid. Further, the demand for pure fluorite in China is high compare to globally due to its vast cement and glass industries. 

Challenges – Fluorite Market
  • The substitute of Fluorite can hamper the market. 
There is currently a major trend to replace fluorite used in many application with more environmental friendly alternatives. There is possibility to replace fluorite based chemicals with hydrocarbon based refrigerants such as butane and propane. In steel and Iron industry Olivine or dolomitic limestone are used as substitute to fluorite. The by-product of fluorosilicic acid from phosphoric acid production was used as a substitute in aluminium fluoride production. 

Market Landscape

Technology launches,acquisitions and R&D activities are key strategies adopted by players in the fluorite market. In 2019, the market of fluorite has been consolidated by the top five players accounting for xx% of the share. Major players in the Fluorite Market areRUSAL, Sallies Limited, Seaforth Mineral & Ore Co. Ltd., Zhejiang Yingpeng Chemical Ltd., Minersa Minerals, and Mexichem Fluor,among others. 

Acquisitions/Technology Launches
  • In September 2019, DFD Chemical Co., Ltd. has acquired 70 percent shares of Luoyang Lanbao Fluoride Industry Co., Ltd a fluorite mining and beneficiation enterprise in order to increase supplies of raw materials for the company itself.
1. Fluorite Market - Overview
        1.1 Definitions and Scope
2. Fluorite Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Fluorite Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Fluorite Market - Startup companies Scenario 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. Fluorite Market - Industry Market Entry Scenario 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. Fluorite Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        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. Fluorite Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Fluorite Market - By Grade(Market Size -$Million / $Billion)
8.1 Acid Grade Fluorite
8.2 Ceramic Grade Fluorite
8.3 Metallurgical Grade Fluorite
9. Fluorite Market - By Deposit Type (Market Size -$Million / $Billion)
9.1 Hydrothermal Vein And Stockworks
9.2 Stratiform Replacement Deposit
9.3 Others
10. Fluorite - By Application Type(Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 Chemical Industry
            10.3.2 Building Material Industry
            10.3.3 Metallurgical Industry
11. Fluorite- By Geography (Market Size -$Million / $Billion)
        11.1 Fluorite Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Fluorite- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Fluorite- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Fluorite - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Fluorite - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Fluorite Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Fluorite Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Fluorite Market - Key Company List by Country Premium
15. Fluorite Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Centralfluor Industry Group
        15.3 China King Resource Group Co , Ltd
        15.4 Do-Fluoride Chemical Co , Ltd
        15.5 Inner Mongolia Xiang Zhen Mining Group Ltd
        15.6 Mexichem
        15.7 Minersa Group
        15.8 Mongolrostsvetmet Llc
        15.9 Sepfluor
        15.10 Sinochem Lantian Co Ltd
        15.11 Yaroslavsk Mining Company
        15.12 Company 12
        15.13 Company 13 & More
*Financials would be provided on a best efforts basis for private companies
16. Fluorite Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Fluorite Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Global Fluorite Market, By Deposit Type Market 2019-2024 ($M)
1.2 Stratiform Replacement Deposit Market 2019-2024 ($M) - Global Industry Research
2.Global Global Fluorite Market, By Grade Market 2019-2024 ($M)
2.1 Acid Grade Fluorite Market 2019-2024 ($M) - Global Industry Research
2.2 Ceramic Grade Fluorite Market 2019-2024 ($M) - Global Industry Research
2.3 Metallurgical Grade Fluorite Market 2019-2024 ($M) - Global Industry Research
3.Global Global Fluorite Market, By Deposit Type Market 2019-2024 (Volume/Units)
3.2 Stratiform Replacement Deposit Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Global Fluorite Market, By Grade Market 2019-2024 (Volume/Units)
4.1 Acid Grade Fluorite Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Ceramic Grade Fluorite Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Metallurgical Grade Fluorite Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Global Fluorite Market, By Deposit Type Market 2019-2024 ($M)
5.2 Stratiform Replacement Deposit Market 2019-2024 ($M) - Regional Industry Research
6.North America Global Fluorite Market, By Grade Market 2019-2024 ($M)
6.1 Acid Grade Fluorite Market 2019-2024 ($M) - Regional Industry Research
6.2 Ceramic Grade Fluorite Market 2019-2024 ($M) - Regional Industry Research
6.3 Metallurgical Grade Fluorite Market 2019-2024 ($M) - Regional Industry Research
7.South America Global Fluorite Market, By Deposit Type Market 2019-2024 ($M)
7.2 Stratiform Replacement Deposit Market 2019-2024 ($M) - Regional Industry Research
8.South America Global Fluorite Market, By Grade Market 2019-2024 ($M)
8.1 Acid Grade Fluorite Market 2019-2024 ($M) - Regional Industry Research
8.2 Ceramic Grade Fluorite Market 2019-2024 ($M) - Regional Industry Research
8.3 Metallurgical Grade Fluorite Market 2019-2024 ($M) - Regional Industry Research
9.Europe Global Fluorite Market, By Deposit Type Market 2019-2024 ($M)
9.2 Stratiform Replacement Deposit Market 2019-2024 ($M) - Regional Industry Research
10.Europe Global Fluorite Market, By Grade Market 2019-2024 ($M)
10.1 Acid Grade Fluorite Market 2019-2024 ($M) - Regional Industry Research
10.2 Ceramic Grade Fluorite Market 2019-2024 ($M) - Regional Industry Research
10.3 Metallurgical Grade Fluorite Market 2019-2024 ($M) - Regional Industry Research
11.APAC Global Fluorite Market, By Deposit Type Market 2019-2024 ($M)
11.2 Stratiform Replacement Deposit Market 2019-2024 ($M) - Regional Industry Research
12.APAC Global Fluorite Market, By Grade Market 2019-2024 ($M)
12.1 Acid Grade Fluorite Market 2019-2024 ($M) - Regional Industry Research
12.2 Ceramic Grade Fluorite Market 2019-2024 ($M) - Regional Industry Research
12.3 Metallurgical Grade Fluorite Market 2019-2024 ($M) - Regional Industry Research
13.MENA Global Fluorite Market, By Deposit Type Market 2019-2024 ($M)
13.2 Stratiform Replacement Deposit Market 2019-2024 ($M) - Regional Industry Research
14.MENA Global Fluorite Market, By Grade Market 2019-2024 ($M)
14.1 Acid Grade Fluorite Market 2019-2024 ($M) - Regional Industry Research
14.2 Ceramic Grade Fluorite Market 2019-2024 ($M) - Regional Industry Research
14.3 Metallurgical Grade Fluorite Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Fluorite Market Revenue, 2019-2024 ($M)
2.Canada Fluorite Market Revenue, 2019-2024 ($M)
3.Mexico Fluorite Market Revenue, 2019-2024 ($M)
4.Brazil Fluorite Market Revenue, 2019-2024 ($M)
5.Argentina Fluorite Market Revenue, 2019-2024 ($M)
6.Peru Fluorite Market Revenue, 2019-2024 ($M)
7.Colombia Fluorite Market Revenue, 2019-2024 ($M)
8.Chile Fluorite Market Revenue, 2019-2024 ($M)
9.Rest of South America Fluorite Market Revenue, 2019-2024 ($M)
10.UK Fluorite Market Revenue, 2019-2024 ($M)
11.Germany Fluorite Market Revenue, 2019-2024 ($M)
12.France Fluorite Market Revenue, 2019-2024 ($M)
13.Italy Fluorite Market Revenue, 2019-2024 ($M)
14.Spain Fluorite Market Revenue, 2019-2024 ($M)
15.Rest of Europe Fluorite Market Revenue, 2019-2024 ($M)
16.China Fluorite Market Revenue, 2019-2024 ($M)
17.India Fluorite Market Revenue, 2019-2024 ($M)
18.Japan Fluorite Market Revenue, 2019-2024 ($M)
19.South Korea Fluorite Market Revenue, 2019-2024 ($M)
20.South Africa Fluorite Market Revenue, 2019-2024 ($M)
21.North America Fluorite By Application
22.South America Fluorite By Application
23.Europe Fluorite By Application
24.APAC Fluorite By Application
25.MENA Fluorite By Application
26.Centralfluor Industry Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.China King Resource Group Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Do-Fluoride Chemical Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Inner Mongolia Xiang Zhen Mining Group Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Mexichem, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Minersa Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Mongolrostsvetmet Llc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Sepfluor, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Sinochem Lantian Co Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Yaroslavsk Mining Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)