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FLUORSPAR

Global Market Trajectory & Analytics

MCP-1131

VALIDATED EXECUTIVE ENGAGEMENTS

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419

Interactions with Platform & by Email *

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84

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  •  DATE

    JULY 2020

  •  TABLES

    114

  •  PAGES

    182

  •  EDITION

    19

  •  PRICE

    USD $5600

COVID-19 IMPACT SURVEY
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 grow at a 3.6% CAGR to 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. This segment currently accounts for a 29.7% share of the global Fluorspar market.
The Fluorspar market in the U.S. is estimated at 1.6 Million Metric Tons in the year 2020. The country currently accounts for a 27.02% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of 1.4 Million Metric Tons in the year 2027 trailing a CAGR of 5.4% through 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 while Rest of European market (as defined in the study) will reach 1.4 Million Metric Tons by the year 2027.
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. We bring years of research experience to this 19th edition of our report. The 182-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, 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.
» End-Use (Hydrofluoric Acid Production, Steel Production, Aluminum Production, Other End-Uses)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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