Global Fluorspar Market to Reach $2.5 Billion by 2030
The global market for Fluorspar estimated at US$1.7 Billion in the year 2022, is projected to reach a revised size of US$2.5 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030. Hydrofluoric Acid Production, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$1.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Steel Production segment is readjusted to a revised 3.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $475.8 Million, While China is Forecast to Grow at 7.7% CAGR
The Fluorspar market in the U.S. is estimated at US$475.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$532.7 Million by the year 2030 trailing a CAGR of 7.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$333.2 Million by the year 2030.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.
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Report Attribute | Details |
---|---|
No. of Pages | 191 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 1.7 Billion |
Forecasted Market Value ( USD | $ 2.5 Billion |
Compound Annual Growth Rate | 4.9% |
Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
A selection of companies mentioned in this report includes:
- 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.