Aluminum Fluoride Market

2021 Analysis and Review: Aluminum Fluoride Market by Production – Dry, Wet, and Fluorosilicic Acid for 2021-2031

About the Report

The aluminum fluoride industry is set to gain momentum again, after coming out from the set-back suffered due to the outbreak of the COVID-19 pandemic in 2020. Being required in construction and automotive sectors, manufacturers of aluminum fluoride are set to utilize the upcoming opportunities with recovery in these sectors.

The latest revised report on ‘aluminum fluoride’ market study published by Future Market Insights (FMI) provides a detailed analysis on the global industry, latest trends, demand-supply patterns, and driving & restraining factors during the forecast period of 2021 to 2031. According to the report, the industry players’ focus will be on the lucrative countries such as the United States, China, Germany, France, and Japan, to name a few, while increase in investment and partnerships will help them in excelling in this industry.

Historical Vs. Future Outlook on Aluminum Fluoride Sales

Aluminum fluoride having excellent properties of lowering melting point and increasing conductivity of aluminum solution, gained traction across diverse sectors such as automotive, construction, and other industrial sectors in the past years. While the outbreak of the pandemic put a standstill to the manufacturing process due to scarcity of raw materials, decline in demand, unavailability of labors, and others factors, the industry players are optimistic to come across new opportunities as the key end-use industries have started recovering since the ending of 2020. According to FMI, the overall industry outlook for aluminum fluoride was positive and progressive during the last 5 years from 2016 to 2020 apart from the temporary decline in 2020.

With the requirement for metallurgical and other aluminum fluoride gaining prominence, manufacturers are focusing on bringing in more variety of this grade. As the automotive and construction sectors are in recovery phase, key players are investing and partnering in order to capture the low hanging opportunities in the aluminum fluoride industry. According to FMI, the global aluminum fluoride industry is predicted to expand at close to 2% CAGR through 2031.

How is the Demand for Metallurgical Aluminum Fluoride Augmenting the Growth of Suppliers?

Metallurgical aluminum fluoride has high demand in industrial and commercial sectors due to its exclusive properties such as-

  • An important additive in producing aluminum by electrolysis
  • Together with cryolite, it lowers the melting point
  • Highly efficient in increasing solution conductivity

And others. As a result, this aluminum fluoride has extensive usage in automotive, commercial & industrial construction sectors and laboratory set ups.

According to the report titled “Industries at a Glance: Construction” published by the Bureau of Labor Statistics, the construction sector comprises establishments primarily engaged in the construction of buildings or engineering projects such as highways and utility systems, while the U.S. construction sector is highly advanced with an estimated 866,650 construction laborers, 241,260 construction managers, and 260,380 operating engineers and other construction equipment operators as in 2019. Though the numbers declined temporarily in 2020, overall the construction sector has significant contribution to the growth of aluminum fluoride industry.

What are the Key Challenges Faced by Aluminum Fluoride Manufacturers?

There are a few disadvantages of using aluminum fluoride which work as restraints to manufacturers and suppliers such as-

  • Air emissions from aluminum smelters cause environment pollution
  • Process cycle to manufacture aluminum fluoride involves complex steps
  • Aluminum fluoride production requires costly laboratory set ups
  • Needs expert’s handling or may cause safety hazards

And others. Apart from these, manufacturing hubs for aluminum fluoride got negatively impacted during the lock down period and yet to recover fully.

However, despite having constraints, aluminum fluoride manufacturers are giving their best efforts in overcoming the hurdles by adopting various strategic ways and investing heavily.

Country-Wise Analysis

Why the United States is Drawing the Attention of Aluminum Fluoride Suppliers?

The United States has been leading in the world’s largest aluminum fluoride industry North America since the past decade owing to its highly advanced end-use sectors and increase in research & development (R&D) activities by industry players.

As stated in the report titled “the U.S. Auto Industry” published by the United States Department of the Treasury, the U.S. automotive industry holds high potential to expand further getting over the negative impact due to the pandemic while the Automotive Industry Financing Program (AIFP) has significant contribution to raise the industry revenue. According to the SelectUSA, the U.S has one of the largest automotive industries in the world, while in 2018, U.S. light vehicle sales reached 17.2 million units, the fourth straight year in which sales surpassed or reached 17 million units. These reports give an estimation of how lucrative the U.S. is for aluminum fluoride suppliers.

What are the Major Driving Factors in Germany Aluminum Fluoride Industry?

Demand from various industrial & commercial construction projects coupled with the requirement for metallurgical aluminum fluoride is propelling the growth of stakeholders in Germany, the epicenter of the Europe aluminum fluoride industry.

As per the report published by the European Commission (EC) in 2018, the total investment in Germany construction sector increased by 9.5% over 2008-2015, while in 2016 there were 650,813 enterprises operating in the broad construction sector in Germany, with the narrow construction sector accounting for 55.6% of the total. According to the report, in 2016, the total value added of the broad construction sector was EUR 233.6 Billion. As the construction sector is recovering again and set to expand further, aluminum fluoride suppliers are expected to witness higher demand from this sector in Germany.

Will China Remain in the Focal Point for Stakeholders in the Aluminum Fluoride Industry?

China is the dominating country in the world’s fastest-growing aluminum fluoride industry Asia Pacific and anticipated to maintain its lead during the forecast period. Demand for metallurgical and other industrial grade aluminum fluoride from construction and automotive sectors is fuelling the sales in China aluminum fluoride industry.

According to the report titled “China- Design and Construction” published by the International Trade Administration on 3rd February 2021, China is the world’s largest construction industry which is forecast to grow at an annual average of 5.2% in real terms between 2021 and 2029. As per the report, though the COVID-19 pandemic has slowed China’s construction development, the industry has shown signs of a slow recovery since May 2020. No doubt that aluminum fluoride manufacturers are focusing on China to increase their revenues.

Why Suppliers of Aluminum Fluoride are Targeting India in Order to Increase Sales Footprint?

India has emerged as a lucrative industry for aluminum fluoride owing to the highly developed manufacturing infrastructure, abundance of raw materials and labors and steady demand from construction sector.

According to the report published by the Invest India, the National Investment Promotion & Facilitation Agency of India, the construction industry in India consists of the real estate and urban development segment while it has 9% share in India’s GDP. As per the report, the India construction industry grew at an annual average rate of nearly 5.5% during 2016-2020 and expected to expand further in the coming years. These data explain well why India is highly sought-after for aluminum fluoride manufacturers.

Category-Wise Insights

Which Grade of Aluminum Fluoride is Gaining Rapid Traction?

Presently, metallurgical grade of aluminum fluoride has high demand due to its various properties such as-

  • Highly efficient in lowering melting points
  • Cost-effective to use in diverse end-use sectors
  • Higher efficiency in enhancing solution conductivity

And others. As a result, this grade of aluminum fluoride is highly preferred in laboratory set ups, and during electrolysis.

Which Segment is Leading in the Aluminum Fluoride Industry in Terms of Application?

Currently, aluminum fluoride has high requirement in producing-

  • Aluminum
  • Fluorocarbons
  • Chemical intermediates

As these application segments are integral parts of automotive, construction and laboratory research sectors, these are expected to bolster the growth further in the coming years.

Competitive Landscape

With the competition getting tougher, key players in the aluminum fluoride industry are launching diverse variety of products. For instance,

  • AB Lifosa recently launched its new range of AB Lifosa Aluminum Fluoride which is suitable for various applications in ceramic, automotive and industrial sectors, while its annual production reached 21,000 tonnes of aluminum fluoride
  • Gulf Fluor launched its new High Bulk Density Aluminum Fluoride, Loose Bulk Density Aluminum Fluoride, and others a couple of years back

Some of the key players supplying aluminum fluoride are-

  • Alufluoride Ltd.
  • Rio Tinto Plc
  • Tanfac Industries Ltd.
  • Fluorsid S.p.A
  • Mexichem S.A.B. de C.V.
  • Industries Chimiques du Fluor (ICF)
  • PhosAgro PJSC
  • Do-Fluoride Chemicals Co., Ltd
  • Pingquan Greatwall Chemical Co., Ltd.
  • Gulf Fluor
  • AB Lifosa
  • Alufluor AB
  • Derivados del Fluor

*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis available in the report

Report Scope

Attribute

Details

Forecast Period

2021-2031

Historical Data Available for

2016-2020

Market Analysis

USD Million for Value

Key Regions Covered

North America, Latin America, Europe, South Asia, East Asia, the Middle East & Africa, and Oceania

Key Countries Covered

US, Canada, Germany, U.K., France, Italy, Spain, Poland, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Vietnam, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa

Key Segments Covered

Grade, Application, and Region

Key Companies Profiled

  • Alufluoride Ltd.
  • Rio Tinto Plc
  • Tanfac Industries Ltd.
  • Fluorsid S.p.A
  • Mexichem S.A.B. de C.V.
  • Industries Chimiques du Fluor (ICF)
  • PhosAgro PJSC
  • Do-Fluoride Chemicals Co., Ltd
  • Pingquan Greatwall Chemical Co., Ltd.
  • Gulf Fluor
  • AB Lifosa
  • Alufluor AB
  • Derivados del Fluor

Report Coverage

Market Forecasts, Brand Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Key Questions Answered in Report

  • Which are the top companies providing aluminium fluoride?

    Some of the top companies manufacturing aluminum fluoride are Gulf Fluor, AB Lifosa, Alufluor AB, and Tanfac Industries Ltd.

  • Which are some of the lucrative markets for aluminium fluoride?

    The United States, Germany, China, Japan, France, India, South Korea, the United Kingdom, and a few others are lucrative markets for aluminium fluoride, and are expected to dominate throughout the forecast period.

  • Which applications accounts for high sales of aluminium fluoride?

    Presently, aluminium, fluorocarbons, and chemical intermediate are the most lucrative in terms of application, and is expected to remain dominant over the forecast period of 2021 to 2031.

  • Which grade is highly sought-after in aluminium fluoride industry?

    Metallurgical is the mostly sought-after grade in aluminium fluoride industry.

Enquiry before Buying

  • Is this research conducted by FMI?

    Yes, the research has been conducted by expert analysts of FMI, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

  • What research methodology is followed by FMI?

    FMI follows a methodology that encompasses demand-side assessment of the market, and triangulates the same through supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions. Request a detailed methodology.

  • Who are the respondents for primary research?

    FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

  • What are the sources of secondary research?

    FMI conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

  • Is a sample of this report available for evaluation?

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Segmentation by Category

Grade

  • Metallurgical Grade
  • Other Industrial Grade

Application

  • Aluminum
  • Fluorocarbons
  • Ceramics
  • Chemical Intermediate

Region

  • North America
  • Latin America
  • Europe
  • Middle East and Africa (MEA)
  • East Asia
  • South Asia
  • Oceania

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