Fluorspar Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The global fluorspar market is valued at 7,591 kilotons in 2021. The market is expected to grow at a CAGR of greater than 7% during the forecast period.
One of the main factors driving the market is growing demand of fluorspar from fluorspar extracted chemicals. However, environmental regulation on extraction of chemicals from fluorspar is expected to hinder the growth of the market studied.
Key HighlightsThe global fluorspar market is partially consolidated in nature with only few major players dominating the market. Some of the major companies (not in any particular order) are Mexichem Fluor SA de CV (Koura), China Kings Resources Group Co. Ltd, Mongolrostsvetmet LLC, Minersa Group and Masan Resources, among others.
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