Cryolite Market Research Report - Forecast to 2027

Cryolite Market: Information by Application (Aluminum Metallurgy, Automotive, Bonded Abrasives, Enamel and Glass Frits, Blasting and Pyrotechnics, Welding Agents, Others), and Region (North America, Europe, Asia-Pacific) - Global Forecast till 2027

ID: MRFR/CnM/1086-HCR | February 2021 | Region: Global | 140 pages

Market Overview


Cryolite is an uncommon mineral with very limited natural occurrence. Synthetic cryolite is also known as sodium aluminum fluoride. Cryolite finds application in aluminum metallurgy, automobiles, bonded abrasives, welding agents, enamel and glass frits, and blasting and pyrotechnics. It is widely used for the extraction of aluminum which finds application in various industries such as automotive, aerospace and defense, consumer goods, electrical, packaging, and building and construction.


The rising demand for aluminum in various industries is expected to propel the growth of the global cryolite market during the forecast period. The increasing use of aluminum in the automotive industry owing to its light weight is fuelling product demand. The expanding automotive industry with the increasing production of lightweight, electric, and hybrid vehicles to meet stringent environmental regulations aimed at reducing carbon emissions is likely to drive the growth of the cryolite market globally in the coming years. Additionally, the expanding aerospace industry as a result of increasing air traffic and rising disposable incomes is likely to fuel the demand for cryolite in developing markets.  The booming defense sector in these countries to strengthen military power is also expected to drive market growth.


The consumption of cryolite is increasing in the electrical and electronics industry due to the growing demand for electronics such as home appliances, driverless cars, and telecommunication devices. Additionally, the rising demand for decorative enamels in households and hotels is driving market growth globally.


Global Cryolite Market Share, by Application, 2019 (%)


 Cryolite Market Share


Source: MRFR Analysis


Key Players


Some of the key players in the global cryolite market are Fluorsid SpA (Italy), S.B. Chemicals (India), Solvay (Belgium), Xinhai Chemicals (China), Zhengzhou Flworld Chemical (China), Henan Buckton Industry & Commerce Co., Ltd (China), All-Chemie, Ltd (US), Washington Mills Electro Minerals (US), Skyline Chemical Corporation (US), and Yuzhou Deyi Chemical (China).


Regional Analysis


The market in Asia-Pacific accounted for the largest share of the cryolite market in 2019 owing to the growing automotive industry. The demand for cryolite is rising due to the increased production of automobiles along with rising disposable incomes of consumers. The increasing demand for electric vehicles in India to meet the government’s objective of completely switching to electric cars by 2030 and reduce carbon emissions is likely to drive the growth of the cryolite market in the coming years. Furthermore, product consumption is rising in the manufacturing of aircraft parts by manufacturers such as Boeing, Honeywell International Inc., and BAE Systems in India and China due to the availability of skilled manpower and R&D in the aerospace and defense sector. The rapidly expanding building and construction industry in the developing markets such as India, China, and Thailand with the rise in residential and commercial construction is stimulating the demand for cryolite.


The North American market is expected to grow at a significant rate during the forecast period. The automotive and aerospace and defense industries are the major consumers of cryolite due to its light weight and low energy consumption. The increasing demand for electronic devices in vehicles, healthcare, and telecommunications is driving market growth.


Europe is another prominent market due to the rapidly growing aerospace and defense industry in the region. Initiatives by the European Union in 2016, such as the Preparatory Action on Defense Research (PADR) and European Defense Research Programme (EDRP), are likely to fuel the demand for cryolite.


The markets in Latin America and the Middle East & Africa are expected to grow on account of rapid industrialization.


Market Segmentation


The global cryolite market has been segmented by application and region.


On the basis of application, the global cryolite market has been segmented into aluminum metallurgy, automotive, bonded abrasives, enamel and glass frits, blasting and pyrotechnics, welding agents, and others.


The global cryolite market has been divided into five key regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.


Intended Audience



  • Cryolite manufacturers

  • Traders and distributors of cryolite

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   2019-2027: Substantial CAGR
  Base Year   2018
  Forecast Period   2019-2027
  Historical Data   2017
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Application, Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Fluorsid SpA (Italy), S.B. Chemicals (India), Solvay (Belgium), Xinhai Chemicals (China), Zhengzhou Flworld Chemical (China), Henan Buckton Industry & Commerce Co., Ltd (China), All-Chemie, Ltd (US), Washington Mills Electro Minerals (US), Skyline Chemical Corporation (US), and Yuzhou Deyi Chemical (China).
  Key Market Opportunities

  • Increasing air traffic
  • Rising disposable incomes
  •   Key Market Drivers

  • The increasing use of aluminum in the automotive industry
  • The increasing production of lightweight, electric, and hybrid vehicles
  • Growing demand for electronics such as home appliances, driverless cars, and telecommunication devices
  • Rising demand for decorative enamels in households and hotels


  • Frequently Asked Questions (FAQ) :


    Increasing the use of aluminum to be the major cryolite market growth-inducer.

    The end user industries are automotive, aluminum metallurgy, enamel and glass frits, bonded abrasives, welding agents, blasting and pyrotechnics, and others.

    Automotive and aerospace & defense industries are going to boost the regional market.

    The Asia Pacific region would dominate the global cryolite market share.

    Major cryolite market players are Solvay (Belgium), Fluorsid SpA (Italy), S.B. Chemicals (India), Zhengzhou Flworld Chemical (China), Xinhai Chemicals (China), All-Chemie, Ltd (US), Henan Buckton Industry & Commerce Co., Ltd (China), Skyline Chemical Corporation (US), Washington Mills Electro Minerals (US), and Yuzhou Deyi Chemical (China).