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Fluorspar Market Outlook -2030Â
Fluorspar is the commercial name of Fluorite. Fluorite is a mineral and is composed of calcium and fluoride (caf2) which contains 51.1% of calcium and 48.9% of fluorine. Impurities of fluorite changes from color of the fluorspar such as purple, green, blue, yellow and others. Fluorspar are of type Met spar and acid spar. Met spar is used in the manufacturing of cement and fluorite craved craftwork is produced. Acid spar is used in manufacturing hydrofluoric acid. The demand for aluminum and steel construction industry is growing and it increases the demand for fluorspar market. Fluorspar is also used to manufacture products like gasoline, refrigerants, aluminum, steel, insulating foams and uranium fuel.
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 Top Impacting Factors
The rising demand for hydrofluoric acid will increase the demand for fluorspar and will boost the growth of fluorspar market. The mining of fluorite is done by blasting process, which poses a risk to the environment and this can restrain the growth of fluorspar market. Increasing use of fluoropolymers in lithium batteries can create an opportunity for fluorspar market. Fluorspar is used in the infrastructure industry to produce opaque glasses which are used in housing, hospitals and offices. The demand for these glasses is increasing in the infrastructure industry, which will boost the growth of fluorspar market. The fluorspar is also used in the production of fluorocarbons, this fluorocarbon is used in downstream activities. The downstream activities are increasing in the countries such as Mexico and China and can increase the demand for fluorspar market. However, because of fluorocarbons the environmental risk is increasing, as it can deplete the ozone layer and thus this can restrain the growth of fluorspar market.
 Market Trends
Key Benefits of the Report
Questions answered in the fluorspar market Report
Fluorspar Market Report Highlights
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Key Market Players | Yunnan Yuxi Fluorspar Mining, Tertiary Minerals Plc, Marwar Mining & Allied Industries Ltd., Dehek Fluorspar Mining & Processing Co., New Fluorspar Corporation, Malakooti Mining Co., Gujarat Mineral Development Corporation Ltd., Yarnes Minerals Ltd., British Fluorspar Ltd., Longkou Fenghai Fluorspar Co. Ltd. |
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