Acid Grade Fluorspar Powder Market Set to Surge - Key Insights You Must Know

Acid Grade Fluorspar Powder Market Size

The global market for Acid Grade Fluorspar Powder was valued at US$ 2932 million in the year 2024 and is projected to reach a revised size of US$ 3968 million by 2031, growing at a CAGR of 4.5% during the forecast period.

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Acid Grade Fluorspar or acidspar (CaF2), is a fine grained material composed of 51.1% calcium and 48.9% fluorine. Acidspar is generally 97%-99.9% calcium fluoride depending on the deposits, mining techniques and processing techniques.

Globally, the production of fluorspar is mainly concentrated in China, Mongolia, Mexico, Europe and South Africa. Orbia is the largest manufacturer of fluospar while China is the largest consumer.

Fluorspar is the main source of Hydrofluoric Acid, a key ingredient for the production of fluorocarbons, used in refrigerants, air conditioning systems, and as feedstock in the production of various chemicals. The growing demand for these chemicals in industries like electronics, pharmaceuticals, and refrigeration is a major driver for fluorspar consumption.

By Type
• CaF2 ≥97%
• CaF2 ≥98%

By Application
• Hydrofluoric Acid
• Aluminum Fluoride

Key Companies
Orbia, Mongolrostsvetmet SOE, China Kings Resources Group, Minersa, Masan High-Tech Materials, SepFluor, Zhejiang Wuyi Shenlong Flotation, Silver Yi Science and Technology, Hunan Nonferrous Fluoride Chemical Group, Shilei Fluorine Material, Zhejiang Zhongxin Fluoride Materials, Chifeng Tianma, Haohua Chemical Science & Technology, Inner Mongolia Huaze Group, Luoyang FengRui Fluorine, Zhejiang Yonghe Refrigerant, Inner Mongolia Baotou Steel Union, Fluorsid, Steyuan Mineral Resources Group, Gujarat Fluorochemicals

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