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Global Fluorspar Market 2017-2021

Global Fluorspar Market 2017-2021

About Fluorspar

Fluorspar or Fluorite is a widely occurring mineral in the earth's crust. It occurs mainly along with metal minerals like galena, quartz, calcite, and sphalerite. Fluorite is also found in the fractures and cavities of limestones and dolomites. It is a very common rock-forming mineral found in many parts of the world. China, Mexico, and South Africa have the largest deposits of fluorspar. Fluorite is known for its hardness and specific gravity. It is the only common mineral that has four directions of perfect cleavage. Fluorspar naturally occurs in purple, green, and yellow translucent color.

Technavio’s analysts forecast the global fluorspar market to grow at a CAGR of 2.06% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global fluorspar market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Fluorspar Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • RUSAL
  • MINERSA GROUP
  • Mexichem S.A.B. de C.V.
  • China Kings Resources Group
  • Seaforth Mineral & Ore
Other prominent vendors
  • British Fluorspar
  • Canada Fluorspar
  • Centralfluor Industries Group
  • Groupe Managem
  • Kenya Fluorspar Company
  • Masan Group
  • Mongolrostsvetmet
  • Steyuan Mineral Resources Group
  • YING PENG GROUP
Market driver
  • High demand from aluminum and steel industries
  • For a full, detailed list, view our report
Market challenge
  • Stringent government rules and regulations
  • For a full, detailed list, view our report
Market trend
  • Increasing use of fluoropolymers in lithium batteries
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Technavio Announces the Publication of its Research Report – Global Fluorspar Market 2017-2021

Technavio recognizes the following companies as the key players in the global fluorspar market: RUSAL, MINERSA GROUP, Mexichem S.A.B. de C.V., China Kings Resources Group, and Seaforth Mineral & Ore.

Other Prominent Vendors in the market are: British Fluorspar, Canada Fluorspar, Centralfluor Industries Group, Groupe Managem, Kenya Fluorspar Company, Masan Group, Mongolrostsvetmet, Steyuan Mineral Resources Group, and YING PENG GROUP.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing use of fluoropolymers in lithium batteries. In Lithium-ion batteries, also known as Li-ion batteries, fluorspar is used. The growing use of lithium-ion batteries in electric vehicles as well as in homes as substitutes to conventional power grids is expected to augment the demand for fluorspar during the forecast period.”

According to the report, one driver in the market is high demand from aluminum and steel industries. There has been an increase in the demand for aluminum in the automotive industry. During the aluminum production process, fluorspar is mixed with bauxite and soda ash which forms cryolite. Cryolite is further processed to form aluminum. The heavy use of aluminum in the automotive industry is projected to remain a key driver for the growth in the global fluorspar market during the forecast period. The growth in the automotive sector can be attributed to the rise in the disposable income and the rise in the GDP worldwide.

Further, the report states that one challenge in the market is stringent government rules and regulations. The manufacturing of fluorspar encompasses adherence to strict regulations. According to the Mining and Environmental Impact Guide released by the Department of Agriculture and Rural Development (GDACE), if wastes during the mining are not properly dumped, chemicals, such as fluorspar, come in contact with the groundwater, which causes water pollution. The governments across the globe are taking strict actions against the improper dumping of waste during the mining process. This can increase the cost of fluorspar mining.

Companies Mentioned

RUSAL, MINERSA GROUP, Mexichem S.A.B. de C.V., China Kings Resources Group, Seaforth Mineral & Ore, British Fluorspar, Canada Fluorspar, Centralfluor Industries Group, Groupe Managem, Kenya Fluorspar Company, Masan Group, Mongolrostsvetmet, Steyuan Mineral Resources Group, and YING PENG GROUP.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Different grades of fluorspar
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Segments of the parent market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2016
      • Table Market size 2016
      • Table Validation techniques employed for market sizing 2016
    • Market size and forecast 2016-2021
      • Table Global fluorspar market - Market size and forecast 2016-2021 ($ millions)
      • Table Global fluorspar market - Year-over-year growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by application
    • Segmentation by application
      • Table Application of fluorspar - Market share 2016-2021 (%)
    • Comparison by application
      • Table Comparison by application
    • Hydrofluoric acid production - Market size and forecast 2016-2021
      • Table Hydrofluoric acid production - Market size and forecast 2016-2021 ($ million)
      • Table Hydrofluoric acid production - Year-over-year growth 2017-2021 (%)
    • Steelmaking - Market size and forecast 2016- 2021
      • Table Steelmaking - Market size and forecast 2016-2021 ($ millions)
      • Table Steelmaking - Year-over-year growth 2017-2021 (%)
    • Aluminum production - Market size and forecast 2016-2021
      • Table Aluminum production - Market size and forecast 2016-2021 ($ millions)
      • Table Aluminum production - Year-over-year growth 2017-2021 (%)
    • Others - Market size and forecast 2016-2021
      • Table Others - Market size and forecast 2016-2021 ($ million)
      • Table Others - Year-over-year growth 2017-2021 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2016-2021
      • Table APAC - Market size and forecast 2016-2021 ($ million)
      • Table APAC - Year-over-year growth 2017-2021 (%)
    • EMEA - Market size and forecast 2016-2021
      • Table EMEA - Market size and forecast 2016-2021 ($ million)
      • Table EMEA - Year-over-year growth 2017-2021 (%)
    • Americas - Market size and forecast 2016-2021
      • Table Americas - Market size and forecast 2016-2021 ($ million)
      • Table Americas - Year-over-year growth 2017-2021 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increasing use of fluoropolymers in lithium batteries
    • Fluorspar market players are indulging in mergers and acquisitions (M&As)
    • Increasing use of fluorspar in refrigeration
  • Vendor landscape
    • Competitor landscape
    • Other prominent vendors
  • Vendor analysis
    • Vendors covered
    • China Kings Resources Group
      • Table China Kings Resources Group: Business segmentation by products 2016
    • MINERSA GROUP
      • Table MINERSA GROUP: Business segmentation by products 2016
    • Mexichem S.A.B. de C.V.
      • Table Mexichem S.A.B. de C.V.: Business segmentation by industry 2016
      • Table Mexichem S.A.B. de C.V.: Business segmentation by geography 2016
    • RUSAL
      • Table RUSAL: Business segmentation by geography 2016
    • Seaforth Mineral & Ore
      • Table Seaforth Mineral & Ore: Business segmentation by products 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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