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Calcium Fluoride Market Size, Share & Growth Report | 2031

Calcium Fluoride Market

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Segments - by Product Type (Below 97% Calcium Fluoride and Above 97% Calcium Fluoride), Application (Aluminum Metallurgy, Welding Agents, Hydrogen Fluoride, Glass Manufacturing, Optics, and Others), End-user (Construction, Automotive, Chemical, Optical Industry, Iron & Steel, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author :

Riddhesh Dani

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Harneet Meher

Editor :

Shruti Bhat

Report Description

The calcium fluoride market size was around USD 1.03 Bn in 2022 and is projected to reach USD 1.19 Bn by 2031, expanding at a CAGR of 8.2 % during 2023–2031. The growth of the market is attributed to the improvement in living standards, rise in infrastructural development investments, and advancements in technology.

Calcium fluoride is an inorganic compound that comprises calcium and fluorine, with the chemical formula CaF2. It is one of the primary sources of fluorine used to fabricate hydrogen fluoride and calcium sulfate. It is a white-colored solid found in the form of the mineral fluorite, named fluorspar.

The report finds that the COVID-19 pandemic hampered the overall revenue of the global calcium fluoride market due to the sharp decline in manufacturing consumer products worldwide. Preventive measures were imposed by governments across countries to curb the virus spread.

The prolonged shutdown of factories across industries had plummeted the overall demand for calcium fluoride. The sudden disruption in the supply chain especially the lack of timely supply of raw materials forced manufacturers to either delay or reschedule their existing projects.

Calcium Fluoride Market Dynamics

The global calcium fluoride market report has up-to-date insights that help formulate a strategic roadmap about the estimated market scenario and performance during 2023 to 2031.

Drivers

The calcium fluoride market is driven by the estimated rise in the demand for aluminum products in the automotive industry. The increasing disposable income and investments are estimated to grow the market size. The improvement in luxury home lifestyles and the need for enhanced interior design demands in the construction segment contributes to the increased market share.

Government investments in infrastructure development along with the increased investments in residential construction are projected to increase the calcium fluoride market size.

Restraints

The lack of a labor force and uncertainty of crude oil prices is estimated to affect the transportation of raw materials and the supply chain, which directly impacts the manufacturing and output rate fluctuations. Borax, manganese, and iron oxide ore are some of the alternatives used for calcium fluoride, this is anticipated to have a negative impact on the growth of the market.

Opportunities

The increased production of aluminum products and brake lining system materials creates lucrative opportunities to drive the calcium fluoride market size and its growth. Investments in product innovation and development in application methods accelerate market growth.

Scope of Calcium Fluoride Market Report

The report on the global calcium fluoride market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Calcium Fluoride Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2020 – 2021
Forecast Period	2023–2031
Segmentation	Product Type (Below 97% Calcium Fluoride and Above 97% Calcium Fluoride), Application (Aluminum Metallurgy, Welding Agents, Hydrogen Fluoride, Glass Manufacturing, Optics, and Others), and End-user (Construction, Automotive, Chemical, Optical Industry, Iron & Steel, and Others),
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Solvay; Reade International Corp.; American Elements; GFS Chemicals, Inc.; SkinNeutrAll; Fluorchemie Group; KPL International Limited; Mitsui Mining and Smelting Co.; Super Conductor Materials Inc.; and Alufluor.

Calcium Fluoride Market Segment Insights

Based on product type, the market is divided into below 97% calcium fluoride and above 97% calcium fluoride. The above 97% calcium fluoride segment accounts for a key share of the market as it mainly represents metallurgical and ceramic grade fluorspar which is highly utilized in the metallurgical industry, ceramic industry, glass industry, and others.

According to the Observatory of Economic Complexity (OEC), global major exporters of greater than 97% calcium fluoride are Mexico, Canada, Vietnam, and China among others. These factors attribute to the growth of the above 97% calcium fluoride segment.

On the basis of application, the calcium fluoride market is segregated into aluminum metallurgy, welding agents, hydrogen fluoride, glass manufacturing, optics, and others. The aluminum metallurgical segment is projected to register a considerable CAGR during the forecast period as the aluminum metallurgical industry is estimated to be the primary application in the automotive and aerospace industries. The increased domestic and commercial applications contribute to the growth of the market.

On the basis of end-use, the calcium fluoride market is segmented into construction, automotive, chemical, optical industry, iron & steel, and others. The construction segment is expected to register a robust growth rate during the forecast period attributed to the significant rise in construction investments across various regions.

Interior designing as a part of the construction segment is estimated to require a high supply of calcium fluoride and its components. Additionally, aluminum products derived from calcium fluoride are used in the iron & steel industry. Thus, the application of calcium fluoride in interior designing and the iron & steel industry is projected to increase the market share in the construction segment. This leads to the growth of the market in two segments, that is construction and iron & steel segments.

In terms of region, the global calcium fluoride market is divided into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific accounted for a key share of the market attributed to the significantly high usage of the aluminum metallurgy segment. An increase in construction and glass manufacturing investments is projected to increase the calcium fluoride market share in Asia pacific.

Segments

Product Type

Below 97% Calcium Fluoride
Above 97% Calcium Fluoride

Application

Aluminum Metallurgy
Welding Agents
Hydrogen Fluoride
Glass Manufacturing
Optics
Others

End-user

Construction
Automotive
Chemical
Optical Industry
Iron & Steel
Others

Region

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Solvay
Reade International Corp.
American Elements
GFS Chemicals, Inc.
SkinNeutrAll
Fluorchemie Group
KPL International Limited
Mitsui Mining and Smelting Co.
Super Conductor Materials Inc.
Alufluor

Competitive Landscape

The key players competing in the global calcium fluoride market are Solvay; Reade International Corp.; American Elements; GFS Chemicals, Inc.; SkinNeutrAll; Fluorchemie Group; KPL International Limited; Mitsui Mining and Smelting Co.; Super Conductor Materials Inc.; and Alufluor.

These companies adopted development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base worldwide. For instance,

In March, 2021- SkinNeutrAll offers a solution to chemical incidents. The risk of injuries and infections increases when active and hazardous chemicals come in contact with the skin.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Calcium Fluoride Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Calcium Fluoride Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Calcium Fluoride Market - Supply Chain
  4.5. Global Calcium Fluoride Market Forecast
     4.5.1. Calcium Fluoride Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Calcium Fluoride Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Calcium Fluoride Market Absolute $ Opportunity
5. Global Calcium Fluoride Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Calcium Fluoride Market Size and Volume Forecast by Applications
     5.3.1. Aluminum Metallurgy
     5.3.2. Welding Agents
     5.3.3. Hydrogen Fluoride
     5.3.4. Glass Manufacturing
     5.3.5. Optics
     5.3.6. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Calcium Fluoride Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Calcium Fluoride Market Size and Volume Forecast by End Users
     6.3.1. Construction
     6.3.2. Automotive
     6.3.3. Chemical
     6.3.4. Optical Industry
     6.3.5. Iron & Steel
     6.3.6. Others
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Calcium Fluoride Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Calcium Fluoride Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Calcium Fluoride Demand Share Forecast, 2019-2026
8. North America Calcium Fluoride Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Calcium Fluoride Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Calcium Fluoride Market Size and Volume Forecast by Applications
     8.4.1. Aluminum Metallurgy
     8.4.2. Welding Agents
     8.4.3. Hydrogen Fluoride
     8.4.4. Glass Manufacturing
     8.4.5. Optics
     8.4.6. Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. North America Calcium Fluoride Market Size and Volume Forecast by End Users
     8.7.1. Construction
     8.7.2. Automotive
     8.7.3. Chemical
     8.7.4. Optical Industry
     8.7.5. Iron & Steel
     8.7.6. Others
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Calcium Fluoride Demand Share Forecast, 2019-2026
9. Latin America Calcium Fluoride Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Calcium Fluoride Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Calcium Fluoride Market Size and Volume Forecast by Applications
     9.4.1. Aluminum Metallurgy
     9.4.2. Welding Agents
     9.4.3. Hydrogen Fluoride
     9.4.4. Glass Manufacturing
     9.4.5. Optics
     9.4.6. Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Latin America Calcium Fluoride Market Size and Volume Forecast by End Users
     9.7.1. Construction
     9.7.2. Automotive
     9.7.3. Chemical
     9.7.4. Optical Industry
     9.7.5. Iron & Steel
     9.7.6. Others
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Calcium Fluoride Demand Share Forecast, 2019-2026
10. Europe Calcium Fluoride Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Calcium Fluoride Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Calcium Fluoride Market Size and Volume Forecast by Applications
     10.4.1. Aluminum Metallurgy
     10.4.2. Welding Agents
     10.4.3. Hydrogen Fluoride
     10.4.4. Glass Manufacturing
     10.4.5. Optics
     10.4.6. Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Europe Calcium Fluoride Market Size and Volume Forecast by End Users
     10.7.1. Construction
     10.7.2. Automotive
     10.7.3. Chemical
     10.7.4. Optical Industry
     10.7.5. Iron & Steel
     10.7.6. Others
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Calcium Fluoride Demand Share Forecast, 2019-2026
11. Asia Pacific Calcium Fluoride Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Calcium Fluoride Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Calcium Fluoride Market Size and Volume Forecast by Applications
     11.4.1. Aluminum Metallurgy
     11.4.2. Welding Agents
     11.4.3. Hydrogen Fluoride
     11.4.4. Glass Manufacturing
     11.4.5. Optics
     11.4.6. Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Asia Pacific Calcium Fluoride Market Size and Volume Forecast by End Users
     11.7.1. Construction
     11.7.2. Automotive
     11.7.3. Chemical
     11.7.4. Optical Industry
     11.7.5. Iron & Steel
     11.7.6. Others
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Calcium Fluoride Demand Share Forecast, 2019-2026
12. Middle East & Africa Calcium Fluoride Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Calcium Fluoride Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Calcium Fluoride Market Size and Volume Forecast by Applications
     12.4.1. Aluminum Metallurgy
     12.4.2. Welding Agents
     12.4.3. Hydrogen Fluoride
     12.4.4. Glass Manufacturing
     12.4.5. Optics
     12.4.6. Others
  12.5. Basis Point Share (BPS) Analysis by Applications
  12.6. Y-o-Y Growth Projections by Applications
  12.7. Middle East & Africa Calcium Fluoride Market Size and Volume Forecast by End Users
     12.7.1. Construction
     12.7.2. Automotive
     12.7.3. Chemical
     12.7.4. Optical Industry
     12.7.5. Iron & Steel
     12.7.6. Others
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Calcium Fluoride Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Calcium Fluoride Market: Market Share Analysis
  13.2. Calcium Fluoride Distributors and Customers
  13.3. Calcium Fluoride Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Solvay
     13.4.2. Reade International Corp.
     13.4.3. American Elements
     13.4.4. GFS Chemicals, Inc.
     13.4.5. SkinNeutrAll
     13.4.6. Fluorchemie Group
     13.4.7. KPL International Limited
     13.4.8. Mitsui Mining and Smelting Co.
     13.4.9. Super Conductor Materials Inc.
     13.4.10. Alufluor

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