Global Fluorite Power Market Growth 2024-2030

Global Fluorite Power Market Growth 2024-2030

Product Code:892611

Published Date: Oct 04,2024

Pages: 140

Region: Global

Category: Chemical & Material

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Fluorite, also called fluorspar, is the common name of the mineral having chemical composition calcium fluoride (CaF₂). It is a mineral with veritable bouquet of brilliant colors from hallmark color purple to blue, green, yellow, colorless, brown, pink, black and reddish orange. The rich purple color is by far the most famous and popular color. It is an important commercial source of fluorine. Fluorite power plays a vital role in the manufacture of aluminium, gasoline, insulating foams, refrigerants, steels and uranium fuel.

The global Fluorite Power market size is projected to grow from US$ 3812 million in 2024 to US$ 4851 million in 2030; it is expected to grow at a CAGR of 4.1% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Fluorite Power Industry Forecast” looks at past sales and reviews total world Fluorite Power sales in 2023, providing a comprehensive analysis by region and market sector of projected Fluorite Power sales for 2024 through 2030. With Fluorite Power sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fluorite Power industry.

This Insight Report provides a comprehensive analysis of the global Fluorite Power landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fluorite Power portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Fluorite Power market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fluorite Power and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fluorite Power.

Fluorite is the common name of the mineral having chemical composition calcium fluoride (CaF₂). It is a mineral with veritable bouquet of brilliant colors from hallmark color purple to blue, green, yellow, colorless, brown, pink, black and reddish orange. Fluorite is commonly found in various geological environments and is often associated with minerals such as quartz, calcite, and barite. It is an important commercial source of fluorine. 
Fluorite is increasingly used in steel production, aluminum smelting, and other metallurgical processes due to its fluxing properties. At the same time, the rising demand for fluorochemicals, including hydrofluoric acid (HF) and refrigerants, is driving the fluorite industry. In addition, the application scope of fluorite is still expanding. For example, the demand for fluorite used in lithium-ion batteries and semiconductor industries is growing.

Globally, the production of fluorite is mainly concentrated in China, Mongolia, Mexico, Europe and South Africa,  among which China is also the largest consumer.

Since 2021, the price of fluorite has fluctuated upward. Moreover, the price of fluorite has shown a more obvious trend of off-season and peak season with the change of seasons. In winter, the price of fluorite will be at a higher position, while the price at other times is at a relatively low point.

This report presents a comprehensive overview, market shares, and growth opportunities of Fluorite Power market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    Acid Grade Fluorite
    Metallurgical Grade Fluorite
    Others

Segmentation by Application:
    Chemical Industry
    Metallurgical Industry
    Glass and Ceramics
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
    Orbia
    Inner Mongolia Baotou Steel Union
    Mongolrostsvetmet SOE
    China Kings Resources Group
    Minersa
    Zhejiang Wuyi Shenlong Flotation
    Masan High-Tech Materials
    Haohua Chemical Science & Technology
    Luoyang FengRui Fluorine
    SepFluor
    Silver Yi Science and Technology
    Hunan Nonferrous Fluoride Chemical Group
    Inner Mongolia Huaze Group
    Steyuan Mineral Resources Group
    Gujarat Fluorochemicals
    Zhejiang Yonghe Refrigerant
    Zhejiang Zhongxin Fluoride Materials
    Shilei Fluorine Material
    Chifeng Tianma
    Fluorsid

Key Questions Addressed in this Report
What is the 10-year outlook for the global Fluorite Power market?
What factors are driving Fluorite Power market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fluorite Power market opportunities vary by end market size?
How does Fluorite Power break out by Type, by Application?