Aluminium Fluoride (Aluminum Fluoride) Consumption Market to 2024 - Market is Set to Grow at a CAGR of 1.8%

Pharmaceuticals
Aluminium Fluoride

In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Aluminium Fluoride (Aluminum Fluoride) market for 2018-2023.

Aluminum fluoride (AlF3) is a white powder, which is mainly used as an additive for the production of primary Aluminum metal. It essentially lowers the melting point of the alumina feed and together with cryolite; it increases the electrolyte's conductivity of the solution, reducing the electric power consumption. Aluminum fluoride is also used as catalyst of organic synthesis and materials of synthetic cryolite.

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- Charts
- Research Methodology

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The production of Aluminum is the largest application of aluminum fluoride. As essential additives, nearly 20 kg aluminum fluoride is required for the production of 1 MT Aluminum.

Market competition is intense. Do-Fluoride, Hunan Nonferrous, Fluorsid and Hongyuan Chemical are the leaders of the industry. With the stricter environment protect policies, many factories from China facing the risk of stopping production and technology improvement. On the other hand, due to the higher price, some Europe Companies like UC RUSAL are also planning to build new production line.

Over the next five years, LPI(LP Information) projects that Aluminium Fluoride (Aluminum Fluoride) will register a 1.8% CAGR in terms of revenue, reach US$ 1720 million by 2023, from US$ 1550 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Aluminium Fluoride (Aluminum Fluoride) market by product type, application, key manufacturers and key regions.

To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:

  • Dry AlF3
  • Anhydrous AlF3
  • Wet AlF3
  • Segmentation by application:
  • Aluminum Industry
  • Ceramic Industry
  • Others

This report also splits the market by region:

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

  • Do-Fluoride
  • Hunan Nonferrous
  • Fluorsid
  • Hongyuan Chemical
  • Rio Tinto Alcan
  • Gulf Fluor
  • Shandong Zhaohe
  • Mexichem
  • PhosAgro
  • I.C.F
  • Jinyang Hi-tech
  • Henan Weilai
  • Henan Shaoxing
  • Lifosa
  • Tanfac

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

 

Research objectives

  • To study and analyze the global Aluminium Fluoride (Aluminum Fluoride) consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
  • To understand the structure of Aluminium Fluoride (Aluminum Fluoride) market by identifying its various subsegments.
  • Focuses on the key global Aluminium Fluoride (Aluminum Fluoride) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Aluminium Fluoride (Aluminum Fluoride) with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Aluminium Fluoride (Aluminum Fluoride) submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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