Aluminium Fluoride Market Growing at 3.20% CAGR Will Hit 490 Million US$ in 2025
Los Angeles, CA -- (SBWire) -- 04/13/2019 --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.
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.
The global Aluminium Fluoride (Aluminum Fluoride) market was 1550 million US$ in 2018 and is expected to 1710 million US$ by the end of 2025, growing at a CAGR of 1.3% between 2019 and 2025.
This report studies the Aluminium Fluoride (Aluminum Fluoride) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Aluminium Fluoride (Aluminum Fluoride) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
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
By the product type, the market is primarily split into
Dry AlF3
Anhydrous AlF3
Wet AlF3
By the end users/application, this report covers the following segments
Aluminum Industry
Ceramic Industry
Others
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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