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Published Date: 2015-09-10Number of Pages: 174

Fluorspar Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Infrastructural Developments Keep Demand for Fluorspar at All-time High

Rising disposable income of consumers across the globe has led to a growth in the sales of air conditioners and refrigerators across the commercial and residential sector in recent years. The report by Transparency Market Research observes that rapid urbanization and growing research and development in the automotive sector to enhance cooling equipment have been driving the demand for fluorochemicals, of which fluorspar is an integral element. The rising temperatures resulting from global warming is also expected to trigger a demand for cooling equipment, thereby augmenting the global fluorspar market in the coming years.

The global fluorspar market was worth US$2,193.0 mn in 2014 and is expected to reach US$3,489.7 mn by 2023, as the market expands at a CAGR of 5.4% between 2015 and 2023. The global fluorspar market will also receive an impressive impetus from the steel and aluminum industries in Japan and China. Ongoing infrastructural developments in the developing regions of Asia Pacific require dependable transportation facilities and speed in construction activities. This is anticipated to spur the demand for fluorspar in the near future. The positive outlook in the steel industries in India, China, and Brazil will also boost the intake of fluorspar. The only restraint in the global market is the stringent government regulations such as the Montreal Protocol signed in 1987 to reduce the consumption of fluorspar so as to prevent its hazardous impact on the ozone layer.

Asia Pacific Emerges as Leading Regional Segment

Asia Pacific has been the frontrunner in the global fluorspar market as of 2014, with a share of 61.4% in terms of volume. Research indicates that Asia Pacific has been the leading consumer and producer of fluorspar due to high reserves in Japan and China and stupendous manufacturing activities in recent years. The rise of steel and aluminum production in the developing countries of Asia Pacific has also been the reason behind the expansion of this regional market.

Out of all the products, acidspar has been an extensively used product in the Asia Pacific market. The demand for electronics and steel items and the rise in building and construction activities across Asia Pacific all through 2023 will result in the demand for hydrofluoric acid, which primarily uses fluorspar. The demand for cooling equipment in this region will also augment the market during the forecast period.

Thriving Aluminum Industry Continues to Augment Acidspar Segment

The primary usage of acidspar is seen in the production of hydrofluoric acid, which is largely used in making hydrofluorocarbons (HFC) and hydrochlorofluorocarbons (HCFC). Currently, acidspar holds the leading share in the global market, accounting for nearly 55% of the share in the global market in 2014. The growing number of applications of acidspar such as in the aluminum industry and in the manufacturing of hydrofluoric acid is expected to keep this segment in the lead.

Some of the important players in the global fluorspar market are British Fluorspar Ltd., Jianyang Shanshui Chemicals Industry Corp. Ltd., Kenya Fluorspar Company Ltd. (KFC), China Kings Resources Group Co., Ltd., Mexichem S.A.B. de C.V., and Mongolrostsvetmet LLC. These companies are expected to focus on building strategic partnerships to benefit in terms of geographical reach and manufacturing capacities. Analysts anticipate that focusing on developing affordable goods will attract a wider consumer base in developing regions.

 


Chapter 1 Preface
1.1 Research Description
1.2 Research Scope
1.3 Assumptions
1.4 Market Segmentation
1.5 Research Methodology

Chapter 2 Executive Summary
2.1 Global Fluorspar Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
2.2  Global Fluorspar Market: Market Snapshot

Chapter 3 Fluorspar Market - Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
      3.3.1 Rising Demand for Fluorochemical to Drive Fluorspar Market
      3.3.2 Growing Aluminum and Steel Production Expected to Boost Fluorspar Market
3.4 Restraints
      3.4.1 Environment Restrictions for Fluorocarbon Chemicals Likely to Restrain Fluorspar Market 
3.5 Opportunity
      3.5.1 Fluorspar Uses in Li-ion Batteries to Act as Opportunity 
      3.5.2 Growing Consumption of Cement in Construction Industry Across the World is Projected to Act as Opportunity for Fluorspar
3.6 Porter’s Five Forces Analysis
      3.6.1 Bargaining Power of Suppliers
      3.6.2 Bargaining Power of Buyers
      3.6.3 Threat of New Entrants
      3.6.4 Threat of Substitutes
      3.6.5 Degree of Competition
3.7 Market Attractiveness Analysis
3.8 Company Market Share Analysis, 2014

Chapter 4 Price Trend Analysis
4.1 Fluorspar Manufacturing Process
4.2 Global Fluorspar Price Trend, 2014–2023 (US$/Ton)

Chapter 5 Fluorspar Market – Product Segment Analysis
5.1 Fluorspar Market: Product Segment Overview
      5.1.1 Global Fluorspar Market for Acidspar, 2014 – 2023 (Kilo Tons) (US$ Mn)
      5.1.2 Global Fluorspar Market for Metspar, 2014 – 2023 (Kilo Tons) (US$ Mn)
      5.1.3 Global Fluorspar Market for Ceramic grade, 2014 – 2023 (Kilo Tons) (US$ Mn)
      5.1.4 Global Fluorspar Market for Others, 2014 – 2023 (Kilo Tons) (US$ Mn)

Chapter 6 Fluorspar Market – Application Analysis
6.1 Fluorspar Market: Application Overview
      6.1.1 Global Fluorspar Market for Aluminum production, 2014 – 2023 (Kilo Tons) (US$ Mn)
      6.1.2 Global Fluorspar Market for Steel production, 2014 – 2023 (Kilo Tons) (US$ Mn)
      6.1.3 Global Fluorspar Market for Hydrofluoric acid, 2014 – 2023 (Kilo Tons) (US$ Mn)
      6.1.4 Global Fluorspar Market for Others, 2014 – 2023 (Kilo Tons) (US$ Mn)

Chapter 7 Fluorspar Market - Regional Analysis
7.1 Global Fluorspar Market: Regional Overview
      7.1.1 North America Fluorspar Market – By Regional Sub-segment, 2014 – 2023
7.2 North America Fluorspar Market
      7.2.1 North America Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
      7.2.2 North America Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
      7.2.3 North America Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
      7.2.4 North America Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.2.5 US Fluorspar Market
              7.2.5.1 U.S. Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.2.5.2 U.S. Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
              7.2.5.3 U.S. Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
              7.2.5.4 U.S. Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.2.6 Rest of North America Fluorspar Market
              7.2.6.1 Rest of North America Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.2.6.2 Rest of North America Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
              7.2.6.3 Rest of North America Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
              7.2.6.4 Rest of North America Fluorspar Market , Revenue by Application, 2014 - 2023 (US$ Mn)
7.3 Europe Fluorspar Market- By Regional Sub-segment, 2014-2023
7.4 Europe Fluorspar Market
      7.4.1 Europe Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
      7.4.2 Europe Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
      7.4.3 Europe Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
      7.4.4 Europe Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.4.5 Germany Fluorspar Market
              7.4.5.1 Germany Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.4.5.2 Germany Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
              7.4.5.3 Germany Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
              7.4.5.4 Germany Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.4.6 Italy Fluorspar Market
              7.4.6.1 Italy Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.4.6.2 Italy Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
              7.4.6.3 Italy Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
              7.4.6.4 Italy Fuorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.4.7 Spain Fluorspar Market
              7.4.7.1 Spain Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.4.7.2 Spain Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn)
              7.4.7.3 Spain Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
              7.4.7.4 Spain Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.4.8 U.K. Fluorspar Market
              7.4.8.1 U.K. Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.4.8.2 U.K. Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn) 
              7.4.8.3 U.K. Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons) 
              7.4.8.4 U.K. Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.4.9 Bulgaria Fluorspar Market
              7.4.9.1 Bulgaria Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.4.9.2 Bulgaria Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn) 
              7.4.9.3 Bulgaria Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
              7.4.9.4 Bulgaria Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.4.10 Rest of Europe Fluorspar Market
              7.4.10.1 Rest of Europe Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.4.10.2 Rest of Europe Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn) 
              7.4.10.3 Rest of Europe Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
              7.4.10.4 Rest of Europe Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
7.5 Asia Pacific Fluorspar Market- By Regional Sub-segment, 2014-2023
7.6 Asia Pacific Fluorspar Market
      7.6.1 Asia Pacific Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
      7.6.2 Asia Pacific Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn) 
      7.6.3 Asia Pacific Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
      7.6.4 Asia Pacific Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.6.5 China Fluorspar Market
              7.6.5.1 China Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.6.5.2 China Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn) 
              7.6.5.3 China Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
              7.6.5.4 China Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.6.6 Japan Fluorspar Market
              7.6.6.1 Japan Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.6.6.2 Japan Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn) 
              7.6.6.3 Japan Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
              7.6.6.4 Japan Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.6.7 ASEAN Fluorspar Market
              7.6.7.1 ASEAN Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.6.7.2 ASEAN Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn) 
              7.6.7.3 ASEAN Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
              7.6.7.4 ASEAN Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.6.8 Rest of Asia Pacific Fluorspar Market
              7.6.8.1 Rest of Asia Pacific Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.6.8.2 Rest of Asia Pacific Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn) 
              7.6.8.3 Rest of Asia Pacific Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
              7.6.8.4 Rest of Asia Pacific Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
7.7 Latin America Fluorspar Market- By Regional Sub-segment, 2014-2023
7.8 Latin America Fluorspar Market
      7.8.1 Latin America Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
      7.8.2 Latin America Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn) 
      7.8.3 Latin America Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
      7.8.4 Latin America Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.8.5 Brazil Fluorspar Market
              7.8.5.1 Brazil Countries Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.8.5.2 Brazil Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn) 
              7.8.5.3 Brazil Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
              7.8.5.4 Brazil Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.8.6 Rest of Latin America Fluorspar Market
              7.8.6.1 Rest of Latin America Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.8.6.2 Rest of Latin America Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn) 
              7.8.6.3 Rest of Latin America Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
              7.8.6.4 Rest of Latin America Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
7.9 Middle East & Africa Fluorspar Market- By Regional Sub-segment, 2014-2023
7.10 Middle East & Africa Fluorspar Market
      7.10.1 Middle East & Africa Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
      7.10.2 Middle East & Africa Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn) 
      7.10.3 Middle East & Africa Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
      7.10.4 Middle East & Africa Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.10.5 GCC Countries Fluorspar Market
              7.10.5.1 GCC Countries Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.10.5.2 GCC Countries Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn) 
              7.10.5.3 GCC Countries Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
              7.10.5.4 GCC Countries Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.10.6 South Africa Fluorspar Market
              7.10.6.1 South Africa Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.10.6.2 South Africa Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn) 
              7.10.6.3 South Africa Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
              7.10.6.4 South Africa Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)
      7.10.7 Rest of Middle East & Africa Fluorspar Market
              7.10.7.1 Rest of Middle East & Africa Fluorspar Market, Volume by Product Segment, 2014 - 2023 (Kilo Tons)
              7.10.7.2 Rest of Middle East & Africa Fluorspar Market, Revenue by Product Segment, 2014 - 2023 (US$ Mn) 
              7.10.7.3 Rest of Middle East & Africa Fluorspar Market, Volume by Application, 2014 - 2023 (Kilo Tons)
              7.10.7.4 Rest of Middle East & Africa Fluorspar Market, Revenue by Application, 2014 - 2023 (US$ Mn)

Chapter 8 Company Profiles
8.1 Jianyang Shanshui Chemicals Industry CORP. LTD.
8.2 Mexichem S.A.B. de C.V.
8.3 MINERSA Group
8.4 Kenya Fluorspar Company Ltd (KFC)
8.5 Tertiary Minerals plc
8.6 Seaforth Mineral & Ore Co., Inc.
8.7 China Kings Resources Group Co., Ltd.
8.8 British Fluorspar Ltd
8.9 Mongolrostsvetmet LLC
8.10 Masan Group

Chapter 9 Primary Findings

This report covers the analysis and forecast of the fluorspar market on the global and regional level. The study provides historic data of 2014 along with forecast between 2015 and 2023 based on volume (kilo tons) and revenue (US$ Mn). 

The study provides a decisive view of the fluorspar market by dividing it into product segment, application and region. Product and application segments have been analyzed based on current trends and future potential. The market has been estimated from 2015 to 2023 in terms of volume (kilo tons) and revenue (US$ Mn). Regional segmentation includes current and forecast demand for North America, Europe, Rest of Asia Pacific, Latin America, and Middle East & Africa. These have been further sub-segmented into countries and regions with relevance to the market. Segmentation also includes demand for individual product type and applications in all the regions.

The study covers drivers and restraints governing the dynamics of the market along with their impact on demand during the forecast period. Additionally, the report comprises opportunities in the fluorspar market on the global and regional level.

The report includes detailed value chain analysis to provide a comprehensive view of the fluorspar market. Analysis of Porter’s Five Forces model has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein applications have been benchmarked based on their market size, growth rate, and general attractiveness for future growth.

The market has been forecast based on constant currency rates. Prices of fluorspar vary in each region and are a result of the demand-supply scenario in the region. Hence, a similar volume-to-revenue ratio does not follow for each individual region. Individual pricing of fluorspar for each application has been taken into account while estimating and forecasting market revenue on the global level. Regional average price has been considered while breaking down the market into application segments in each region. 

The report provides the size of the fluorspar market in 2014 and the forecast for the next nine years. Size of the global fluorspar market has been provided in terms of volume and revenue. Market volume is defined in kilo tons, while market revenue for regions is in US$ Mn. Market size and forecast for each product segment has been provided in the context of global and regional markets. Numbers provided in this report are derived based on demand generated from different applications and types of raw materials. Market dynamics prevalent in North America and Europe have been taken into account for estimating growth of the global market.

Market estimates for this study have been based on volume, with revenue being derived through regional pricing trends. Price for commonly utilized grades of fluorspar in each application has been considered, and customized product pricing has not been included. Demand for fluorspar has been derived by analyzing the global and regional demand for fluorspar in each application. The global fluorspar market has been analyzed based on expected demand. Market data for each segment is based on volume and corresponding revenue. Prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors, and direct selling regional producers based on manufacturers’ feedback and application requirement. Forecasts have been based on expected demand in fluorspar applications. The global product segment and application split of the market has been derived using the bottom-up approach, which is cumulative of each region’s demand. Regional demand is the summation of sub-regions and countries in the region. Companies were considered for market share analysis based on their product portfolio, revenue, and manufacturing capacity. In absence of specific data related to sales of fluorspar by several privately held companies, calculated assumptions have been made in view of companies’ product portfolio and regional presence along with demand for products in its portfolio.

The report covers detailed competitive outlook that includes market share and company profiles of key players operating in the global market. Key players profiled in the report include China Kings Resources Group Co., Ltd., Mexichem S.A.B. de C.V., Kenya Fluorspar Company Ltd. (KFC), Jianyang Shanshui Chemicals Industry CORP. LTD., Mongolrostsvetmet LLC, and British Fluorspar Ltd. Company profiles include attributes such as company overview, brand overview, financial overview (in terms of financial year), business strategies, and recent/key developments.

Fluorspar Market - Product Segment Analysis

  • Acidspar
  • Metspar
  • Ceramic grade
  • Others (Including optical and lapidary grade)

Fluorspar Market - Application Analysis

  • Aluminum production
  • Steel production
  • Hydrofluoric acid
  • Others (Including concrete additives, lithium-ion battery, etc.)

Fluorspar Market - Regional Analysis

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • Germany
    • Italy
    • Spain
    • U.K.
    • Bulgaria
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America


 
 
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