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Aluminum Fluoride Market Size, Share & Trends Analysis Report By Type (Dry, Wet, And Anhydrous), by Application (Glass, Aluminum, Ceramic, And Others), By Treatment (treatment of stroke, obesity, treatment in pancreatitis, and others), by End-user (automobiles, Construction, Aerospace, And Pharmaceuticals, Others), Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2028

Categories: Chemicals And Materials   |   Formate :

The Global Aluminum Fluoride Market size was USD 1592.4 million In 2019, and it is anticipated to reach USD 17576. million by the end of 2026, with a CAGR of 1.4% between 2020 and 2026.

 

Aluminum fluoride, also known as AlF3, is an inorganic compound used in manufacturing processes in many industries, majorly used in the production of aluminum. It is a colorless solid and occurs naturally as minerals oskarssonite and rosenbergite and can also be prepared synthetically. Aluminum fluoride is insoluble in water and this insoluble property makes it ideal for oxygen-sensitive applications such as metal production. Aluminum fluoride is manufactured synthetically by treating alumina with hydrogen fluoride gas at 700 degrees Celsius. Aluminum fluoride in non-hydrated form is called oskarssonite. Oskarssonitea is a colorless solid and is used widely as a molten electrolyte in the fabrication of products. These minerals are used in various end-uses such as pharmaceuticals, aerospace automotive, construction, and others.

 

Aluminum fluoride is mainly used as a flux in the aluminum production process. The use of aluminum fluoride in the process not only lowers the consumption of electricity but also reduces the cost required for the overall production of aluminum. New technologies are being developed to manufacture high-density aluminum fluoride by using fluosilicic acid. Stringent environmental regulations and the application of fluosilicic acid are anticipated to increase in the near future. The rising use of this technology to produce aluminum fluoride is expected to fuel the growth of the global aluminum fluoride market over the next five years. Inhalation of aluminum fluoride poses toxic effects such as asthma, impaired nervous system, and bone alterations. Human exposure to aluminum in tea, infant formula, antacids, deodorants, and drinking water, food residues, cosmetics can cause life-threatening diseases. These factors have a negative impact on the growth of the global aluminum fluoride market.

Aluminum Fluoride Market

The global aluminum fluoride market is segmented based on type, application, and end-user. Based on type the global aluminum fluoride market is segmented into dry, wet, and anhydrous. Based on application the global aluminum fluoride market is segmented into glass, aluminum, ceramic, and others. In terms of user, the global aluminum fluoride market is segmented into automobiles, construction, aerospace, and pharmaceuticals among others. The construction segment is the largest end-user segment for aluminum fluoride, due to the rising demand for aluminum fluoride in construction. The pharmaceuticals segment is anticipated to be the fastest-growing end-user segment.

 

Geographically the global aluminum fluoride market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa (MEA), and South America. Asia Pacific region leads the global aluminum fluoride market in terms of consumption and production. China is the top manufacturer of aluminum fluoride globally. Moreover, due to the over-exploitation of major raw material sources in China, production is projected to drop in the near future. High GDP growth and increasing disposable income in developing countries such as India and China have led to significant growth in several end-user industries such as packaging, aerospace, construction automobiles, pharmaceutical, and others. North America is the second-largest market for the aluminum fluoride market followed by Europe. Increasing strict government regulations to control the toxic effect related to aluminum fluoride has been restraining aluminum fluoride market growth in the developed economies of North America and Western Europe. Underutilized fluorspar reserves in South Africa along with increasing government support to invest in the reserves is anticipated to boost the global aluminum fluoride market growth in the RoW region. Furthermore, the rising demand for aluminum fluoride driven by high growth in several end-user industries in the rapidly industrializing economies of South America and Africa is expected to present growth opportunities for key players in the global aluminum fluoride market.

 

Some of the major players in the global aluminum fluoride market are Alufluoride Ltd., Do-Fluoride Chemicals Co., Ltd., Fluorsid S.p.A., Henan Weilai Aluminum Group, Norsk Hydro ASA, PhosAgro, Mexichem S.A.B. de C.V, Industries Chimiques du Fluor, Alfa Aesar, Tanfac Industries Ltd., Pingquan Greatwall Chemical Co., Ltd., Gulf Fluor, Henan Weilai Aluminum (Group) Co., Ltd., and Eurochem Lifosa. Major players are investing in research and development activities due to patent-protected technologies and to improve operational efficiency. Furthermore, the key players in the global aluminum fluoride market are collaborating to develop sustainable products. For instance, Alufluoride has collaborated with Jordan Phosphate Mines Co. With this parternship, the Alufluoride has signed a Non-Binding Heads of Agreement with Jordan Phosphate Mines Co. (JPMC), Jordan. By this agreement, Alufluoride is expected to set up a Green Field Aluminium Fluoride Project at Eshidiya, Jordan.

 

Global Aluminum Fluoride Market Growth, Trend and Forecast 2021-2027

Chapter 1 Aluminum Fluoride Market Overview
1.1 Product Overview and Scope of Aluminum Fluoride
1.2 Aluminum Fluoride Market Segmentation by Type
1.2.1 Global Production Market Share of Aluminum Fluoride by Type in 2020
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
1.3 Aluminum Fluoride Market Segmentation by Application
1.3.1 Aluminum Fluoride Consumption Market Share by Application in 2020
1.3.2 Application 1
1.3.3 Application 2
1.3.4 Application 3
1.4 Aluminum Fluoride Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Aluminum Fluoride (2014-2027)

Chapter 2 Global Economic Impact on Aluminum Fluoride Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Aluminum Fluoride Market Competition by Manufacturers
3.1 Global Aluminum Fluoride Production and Share by Manufacturers (2020 and 2020)
3.2 Global Aluminum Fluoride Revenue and Share by Manufacturers (2020 and 2020)
3.3 Global Aluminum Fluoride Average Price by Manufacturers (2020 and 2020)
3.4 Manufacturers Aluminum Fluoride Manufacturing Base Distribution, Production Area and Product Type
3.5 Aluminum Fluoride Market Competitive Situation and Trends
3.5.1 Aluminum Fluoride Market Concentration Rate
3.5.2 Aluminum Fluoride Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Aluminum Fluoride Production, Revenue (Value) by Region (2014-2021)
4.1 Global Aluminum Fluoride Production by Region (2014-2021)
4.2 Global Aluminum Fluoride Production Market Share by Region (2014-2021)
4.3 Global Aluminum Fluoride Revenue (Value) and Market Share by Region (2014-2021)
4.4 Global Aluminum Fluoride Production, Revenue, Price and Gross Margin (2014-2021)
4.5 North America Aluminum Fluoride Production, Revenue, Price and Gross Margin (2014-2021)
4.6 Europe Aluminum Fluoride Production, Revenue, Price and Gross Margin (2014-2021)
4.7 China Aluminum Fluoride Production, Revenue, Price and Gross Margin (2014-2021)
4.8 Japan Aluminum Fluoride Production, Revenue, Price and Gross Margin (2014-2021)
4.9 Southeast Asia Aluminum Fluoride Production, Revenue, Price and Gross Margin (2014-2021)
4.10 India Aluminum Fluoride Production, Revenue, Price and Gross Margin (2014-2021)

Chapter 5 Global Aluminum Fluoride Supply (Production), Consumption, Export, Import by Regions (2014-2021)
5.1 Global Aluminum Fluoride Consumption by Regions (2014-2021)
5.2 North America Aluminum Fluoride Production, Consumption, Export, Import by Regions (2014-2021)
5.3 Europe Aluminum Fluoride Production, Consumption, Export, Import by Regions (2014-2021)
5.4 China Aluminum Fluoride Production, Consumption, Export, Import by Regions (2014-2021)
5.5 Japan Aluminum Fluoride Production, Consumption, Export, Import by Regions (2014-2021)
5.6 Southeast Asia Aluminum Fluoride Production, Consumption, Export, Import by Regions (2014-2021)
5.7 India Aluminum Fluoride Production, Consumption, Export, Import by Regions (2014-2021)

Chapter 6 Global Aluminum Fluoride Production, Revenue (Value), Price Trend by Type
6.1 Global Aluminum Fluoride Production and Market Share by Type (2014-2021)
6.2 Global Aluminum Fluoride Revenue and Market Share by Type (2014-2021)
6.3 Global Aluminum Fluoride Price by Type (2014-2021)
6.4 Global Aluminum Fluoride Production Growth by Type (2014-2021)

Chapter 7 Global Aluminum Fluoride Market Analysis by Application
7.1 Global Aluminum Fluoride Consumption and Market Share by Application (2014-2021)
7.2 Global Aluminum Fluoride Consumption Growth Rate by Application (2014-2021)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries

Chapter 8 Aluminum Fluoride Manufacturing Cost Analysis
8.1 Aluminum Fluoride Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Aluminum Fluoride

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Aluminum Fluoride Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Aluminum Fluoride Major Manufacturers in 2020
9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change

Chapter 12 Global Aluminum Fluoride Market Forecast (2021-2027)
12.1 Global Aluminum Fluoride Production, Revenue Forecast (2021-2027)
12.2 Global Aluminum Fluoride Production, Consumption Forecast by Regions (2021-2027)
12.3 Global Aluminum Fluoride Production Forecast by Type (2021-2027)
12.4 Global Aluminum Fluoride Consumption Forecast by Application (2021-2027)
12.5 Aluminum Fluoride Price Forecast (2021-2027)

Chapter 13 Appendix

 

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FAQ

What is aluminum fluoride used for?

Aluminum fluoride is mainly used as a flux in the aluminum production process. The use of aluminum fluoride in the process not only lowers the consumption of electricity but also reduces the cost required for the overall production of aluminum.

What is the Aluminum Fluoride market share?

The Global Aluminum Fluoride Market size was USD 1592.4 million In 2019, and it is anticipated to reach USD 17576. million by the end of 2026, with a CAGR of 1.4% between 2020 and 2026.

What are the top companies in the Aluminum Fluoride Market?

Alufluoride Ltd., Do-Fluoride Chemicals Co., Ltd., Fluorsid S.p.A., Henan Weilai Aluminum Group, Norsk Hydro ASA, PhosAgro, Mexichem S.A.B. de C.V, Industries Chimiques du Fluor, Alfa Aesar, Tanfac Industries Ltd., Pingquan Greatwall Chemical Co., Ltd., Gulf Fluor, Henan Weilai Aluminum (Group) Co., Ltd., and Eurochem Lifosa

What are the key factors driving the Aluminum Fluoride Market?

The rising use of this technology to produce aluminum fluoride is expected to fuel the growth of the global aluminum fluoride market over the next five years. Inhalation of aluminum fluoride poses toxic effects such as asthma, impaired nervous system, and bone alterations.

In which Region the market is growing?

China is the top manufacturer of aluminum fluoride globally. Moreover, due to the over-exploitation of major raw material sources in China, production is projected to drop in the near future. High GDP growth and increasing disposable income in developing countries such as India and China have led to significant growth in several end-user industries such as packaging, aerospace, construction automobiles, pharmaceutical, and others.

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  • Market Size and Share from 2016 - 2027
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  • COVID-19 Impact assessment on the market
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Aluminum Fluoride Market Size, Share & Trends Anal...

RD Code : MC22