Global Alf3 (Aluminium Fluoride) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Alf3 (Aluminium Fluoride) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Aluminum fluoride is a highly stable compound that occurs as a white crystalline solid. It resists the action of even strong solvents, such as hot concentrated sulfuric acid. The compound often occurs as a hydrate containing one or more molecules of water of hydration. The major uses of aluminum fluoride are in a variety of applications in the chemical industry. It is an inorganic compound used primarily in the production of aluminium.

Market Overview:

The latest research study on the global Alf3 (Aluminium Fluoride) market finds that the global Alf3 (Aluminium Fluoride) market reached a value of USD 2662.01 million in 2022. It’s expected that the market will achieve USD 3678.9 million by 2028, exhibiting a CAGR of 5.54% during the forecast period.

High demand of aluminium

With the high demand of aluminium, aluminium fluoride is also maintaining high demand level. Aluminum fluoride is widely used as a flux in the production of aluminum. Aluminum fluoride also enables aluminum producers to simplify production, reduce production costs, and ensure a clean end product. Aluminum fluoride has become one of the most commonly used compounds for the production of aluminum by molten salt baths.

Resource limitation of Fluorspar

Fluorspar is a kind of non-renewable resource. It is a widely occurring mineral which is frequently found in large deposits. Notable deposits occur in China, Germany, Austria, Switzerland, England, Norway, Mexico, and both the Province of Ontario and Newfoundland and Labrador in Canada. With the decreasing China supplement, the price of Fluorspar has been fluctuated in recent years.

Toxicity of aluminum fluoride

Aluminum fluoride can enter the body in three ways (skin, inhalation and ingestion), and cause health problems such as asthma. These influences are the potential danger for staff who can directly or indirectly contact with it.

Innovation in manufacturing process

There are two opportunities in manufacturing process. On the one hand, aluminum fluoride manufacturers should adjust and improve their production process for pollution and energy saving, coping with strict government regulation. On the other hand, Fluorspar is non-renewable resource. Manufacturers and factories should prepare the solution for future shortage of Fluorspar.

Region Overview:

In global comparison, a significant portion of the revenue was generated in China (57.55% in 2022).

Company Overview:

Do-Fluoride Chemicals is one of the major players operating in the Alf3 (Aluminium Fluoride) market, holding a share of 13.82% in 2023.

Do-Fluoride Chemicals

Do-Fluoride Chemicals Co., Ltd. researches and develops, produces, and sells inorganic fluoride salts, electronic grade chemicals, and lithium ion battery materials in China and internationally.

Hunan Nonferrous Fluorine Chemical Group Co., Ltd.

Hunan Nonferrous Fluorine Chemical Group Co., Ltd., a modern enterprise group, integrates mining, production, processing, R&D and trade. Hunan Nonferrous Fluoride Chemical Co. Ltd. manufactures chemical products. The Company mainly produces and sells fluoride salt products.

Segmentation Overview:

Among different product types, Dry ALF3 segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Aluminium Industry segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Alf3 (Aluminium Fluoride) market covered in Chapter 3:

Derivados del Fluor
Fluorsid
Yizhang Hongyuan Chemical
Zibo Jianda Chemical
Do-Fluoride Chemicals
Baiyin Fluoride Salt
Industries Chimiques du Fluor
Hunan Nonferrous Fluorine Chemical
Henan Future Aluminum
Gulf Fluor
PhosAgro
Rio Tinto
Mexichem
Guangxi Pingguo Fluoride Salt
Tanfac Industries
Zibo Nanhan Chemical
Noralf

In Chapter 4 and Chapter 14.2, on the basis of types, the Alf3 (Aluminium Fluoride) market from 2018 to 2029 is primarily split into:

Anhydrous ALF3
Wet ALF3
Dry ALF3

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Alf3 (Aluminium Fluoride) market from 2018 to 2029 covers:

Aluminium Industry
Ceramic Industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)