DUBLIN--(BUSINESS WIRE)--The "Fluorspar - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Fluorspar estimated at 5.8 Million Metric Tons in the year 2020, is projected to reach a revised size of 7.1 Million Metric Tons by 2027, growing at a CAGR of 2.9% over the analysis period 2020-2027.
Hydrofluoric Acid Production, one of the segments analyzed in the report, is projected to record a 3.6% CAGR and reach 3.1 Million Metric Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Steel Production segment is readjusted to a revised 2.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at 1.6 Million Metric Tons, While China is Forecast to Grow at 5.4% CAGR
The Fluorspar market in the U.S. is estimated at 1.6 Million Metric Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 1.4 Million Metric Tons by the year 2027 trailing a CAGR of 5.4% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 2.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.4% CAGR.
Aluminum Production Segment to Record 2.1% CAGR
In the global Aluminum Production segment, USA, Canada, Japan, China and Europe will drive the 1.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of 778.2 Thousand Metric Tons in the year 2020 will reach a projected size of 875 Thousand Metric Tons by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 972.7 Thousand Metric Tons by the year 2027, while Latin America will expand at a 2.8% CAGR through the analysis period.
Select Competitors (Total 38 Featured):
- British Fluorspar Ltd.
- China Kings Resources Group Co., Ltd.
- Gupo Minersa
- Jianyang Shanshui Chemicals Industry CORP., Ltd.
- Mexichem Fluor S.A. de C.V.
- Mongolrostsvetmet LLC
- Prima Fluorspar Corp.
- Prima Fluorspar Corp.
- Seaforth Mineral & Ore Co.
- Sinochem Lantian Co., Ltd.
- Zhejiang Sanmei Chemical Inc. Company
- Zhejiang Wuyi XinJiaLi Industry & Trade Co., Ltd.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Fluorspar - A Curtain Raiser
- Recent Market Activity
- Market Snapshots
- An Industrial Mineral with Multiple Applications
- Global Fluorspar Demand Set to Grow Despite Challenges
- Asia-Pacific: The Single Largest and Fastest Growing Market Worldwide
- Demand Boost Leads to Price Increases
- Fluorspar Output
- Impact of Anti-Pollution Policies
- Hydrogen Fluoride - The Mainstay of Fluorspar Market
- Production Scenario
- Reserves
- Impact of COVID-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Fluorspar Supply Landscape
- China Continues to Dominate the Fluorspar Supply Market
- Overview of Fluorspar Production and Supply
- Impact of Environmental Legislation on Fluorspar Production
- Growing Demand for Acid-spar
- Fluorspar Production and Consumption in China
- An Insight into Activity of Select Fluorspar Projects Worldwide
- South Africa to Invigorate Demand and Supply
- Increasing Chinese Refrigerant Costs Impact Global Markets
- AHF Demand Drives Fluorspar/Fluorite Price Trends
- Chinese AHF Prices - Increasing Trend Continues in 2018
- Fluorspar Prices Reverse Multi-Year Downtrend
- Refrigerants Become Expensive as Price of Key Ingredient Rises
- Improving Economy Buoys General Market Optimism
- Key World Economic Indicators:
- Increasing Applications of Fluorochemicals to Drive Growth
- An Insight into Applications Potential of Fluorspar
- Steel Industry - A Major Consumer of Fluorspar
- Opportunity Indicators:
- Growth in Aluminum Industry Offers Opportunities for Fluorochemicals
- Construction Industry Fluctuations Determine Fluorspar Market Prospects
- Increasing Use of Cement-Spar to Benefit Market Growth
- Auto Industry Achieves Record Production
- Booming Fluoropolymers Industry Adds to Demand Growth
- PTFEs Dominate Fluoropolymers Market
- Use of Fluorspar Products in Li-ion Batteries - An Emerging Application
- Challenges Facing the Global Fluorspar Mining Industry
- Volatility of the Fluorspar Supply Hits Fluorochemicals Industry
- Implementation of Stringent Environmental Regulations Hinders Fluoropolymer Production
- High Entry Barriers Limit Competition in the Fluorochemical Industry
- Competitive Landscape
- An Overview
- Mexichem Leads All the Way
- Fiercely Competitive Chinese Fluorspar Companies
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/iwchvi
