Published: 29-Jan-2020 | Published By: Market Research Store
The published report on “Global Fluorspar Market –By Product Type (Lapidary Grade, Ceramic Grade, Optical Grade, Metspar, and Acidspar), By Application (Steel Production, Lithium-Ion Battery, Concrete Additives, Hydrofluoric Acid, and Aluminum Production), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019–2025.” exhibits the escalating demand for global fluorspar market in 2018 was approximately USD 1,630 Million. It is anticipated to reach over USD 1,960 Million by 2025 growing gently at a CAGR of around 2.7%.
Browse Full Report 130 Market Data Tables and 46 Figures spread through 130 Pages and in-depth TOC on "Fluorspar Market (Manufacturing, Aviation & Transportation, Food Processing, Science & Technology), Region - Global Forecast to 2025" View detailed Table of Content here - https://www.marketresearchstore.com/report/global-fluorspar-market-2018-by-manufacturers-regions-type-384406
The naturally occurring forms of fluorite compounds are known as fluorspar. Calcium (51.1%) and fluorine (48.9%) are the two major elements present in fluorspar. The cubic crystalline form of fluorites is usually translucent and colorless. However, these compounds come in different colors such as yellow, green, blue, or others, due to some impurities. These minerals are present in adequate amounts in cavities of some dolomites and limestone.
Significant expansion of the automotive sector from the past several years is anticipated to be propelling the global fluorspar market. Fluorspar reacts with sulfuric acid to form hydrofluoric acid, which is used in manufacturing aluminum. The key factor driving the global fluorspar market considerably is the massive demand for aluminum in the automotive industry. Significantly growing automobile demand and the increasing establishment of production factories in emerging countries is likely to bolster the global market demand. Rising demand for opaque glasses in the infrastructure sector, including hospitals and offices, is expected to boost the global fluorspar market, as fluorspar is the key ingredient used in manufacturing such glasses. Fluorspar has an application in producing fluorocarbon, which is commonly used in downstream activities. China and Mexico are the two leading countries where majority of downstream processes are conducted. These two regions are probably driving the global fluorspar market remarkably. Stringent regulations and policies set by various state governments regarding industrial processes used to generate and extract fluorspar derivatives are likely to hamper the global market growth.
As China is the globally leading manufacturer and exporter of fluorspar, it is booming the Asia Pacific fluorspar market. It is anticipated that Asia Pacific would hold major share in the global market over the forecast period. On the other hand, the Latin America regional market is anticipated to flourish rapidly during 2019–2025 owing to the huge reserves of fluorspar in Mexico. Substantial market growth is expected in South Africa due to the growing demand for fluorspar in the automotive and construction sectors.
One of the highly purified forms of fluorspar, acidspar, is widely used in hydrogen fluoride manufacturing, which is the major ingredient in the production of aluminum metal. Metspar is relatively less purified of fluorspar and is used as a catalyst in cement manufacturing.
Ceramic grade fluorspar is widely used in the manufacturing of specialty glass, ceramics, and enamelware. The surface treatments given through the fluorspar type makes the glass more glossy and opalescent.
The major industries involved in manufacturing and improving fluorspar in the global market areSallies Limited, Mexichem Fluor, Zhejiang Yingpeng Chemical Ltd., Moodie Mineral Company, Seaforth Mineral & Ore Co. Ltd., Canada Fluorspar Inc., RUSAL, and Minersa Minerals.
The global fluorspar market is segmented as:
Global Fluorspar Market: By Product Type
- Lapidary Grade
- Ceramic Grade
- Optical Grade
Global Fluorspar Market: By Application
- Steel Production
- Lithium-Ion Battery
- Concrete Additives
- Hydrofluoric Acid
- Aluminum Production
Global Fluorspar Market: By Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Market Research Store is a single destination for all the industry, company and country reports. We feature large repository of latest industry reports, leading and niche company profiles, and market statistics released by reputed private publishers and public organizations. Market Research Store is the comprehensive collection of market intelligence products and services available on air. We have market research reports from number of leading publishers and update our collection daily to provide our clients with the instant online access to our database. With access to this database, our clients will be able to benefit from expert insights on global industries, products, and market trends.
Market Research Store
3422 SW 15 Street,Suit #8138,
Deerfield Beach,Florida 33442, USA
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651
Global Automotive Piston Pins Market Research Report 2020 Segment by Key Companies Countries Types Applications and Forecast 2021 to 2026
Global Zinc Metal Market Research Report 2020 Segment by Key Companies Countries Types Applications and Forecast 2021 to 2026
Global Metallurgical Silicon (MG-Si) Market Research Report 2020 Segment by Key Companies Countries Types Applications and Forecast 2021 to 2026
Global Solar Cell Electrode Paste Market Research Report 2020 Segment by Key Companies Countries Types Applications and Forecast 2021 to 2026
Global Liquid Polysulfide Polymer Market Research Report 2020 Segment by Key Companies Countries Types Applications and Forecast 2021 to 2026View More
Penn National Gaming Participates in Barstool Sports By Acquiring Stake Leading To Promotions in Online Gaming
For about $163 million, Penn National Gaming, Inc. has gained 36 percent interest on the streaming
Apple Awarded Integrated Passive Device (IPD) Patent
Apples recently issued patent includes the innovation related to an embedded microchip, a microchi
Nitro Blending System Of Blendtec Chosen For Exclusive Blend-In-Cup Feature In Commercial Blenders
Blendtec has been given the Kitchen Technologies Award for its innovative Nitro Blending Program,
United States Navy Chooses 40 To Build Unmanned Surface Vessels (USVs), Vehicle Autonomy, And Sensor-Processing Payloads
United States Navy autonomous vehicle experts are creating a 40 member strong research team, which
Enbridge Planning To Retrofit Portion Of The St. Clair River Under Line 5 Pipeline With Horizontal Directional Drilling
Environmentalists and the Michigan Attorney General, along with many others, are keeping an eye on