Elemental Fluorine Market Research Report - Global Forecast till 2027

Elemental Fluorine Market Research Report: Information by Form (α-Fluorine and β- Fluorine), Application (Metallurgy; Glass & Ceramics; Electronics & Semiconductor; Polymer & Processing; Nuclear Fuel, and Others), and Region—Forecast till 2027

ID: MRFR/CnM/6319-HCR | February 2021 | Region: Global | 140 pages

Market Overview


The global elemental fluorine market is expected to register a CAGR of ~9.5% and cross ~USD 540 million by 2023


Elemental fluorine gas is extremely toxic, corrosive, pale yellow, which can react with organic & inorganic substances. On the industrial scale, elemental fluorine is produced by the process of electrolysis of potassium fluoride and hydrogen fluoride mixture. The key application of elemental fluorine is in making fluorides, notably sulfur hexafluoride, uranium hexafluoride, and halogen fluorides. Technological advancements in the manufacturing process of elemental fluorine in a couple of decades have led to ample availability of purge gas, thereby boosting its applications in end-user industries.


The elemental fluorine market is mainly driven by various end-use application such as electronics & semiconductors, metallurgy, ceramic manufacturing, polymer manufacturing, and glass. Elemental fluorine is widely used in the manufacturing of uranium hexafluoride, the element which is used in the manufacturing of nuclear reactors as a fuel through the uranium enrichment process. Elemental fluorine is a form of uranium which can be enriched for the next phase of a nuclear fuel manufacturing process. With an increase in demand from the last couple of years for fuel manufacturing, conversion plant rate is running over 75% capacity and is expected to reach 85% during the forecast period. The extensive application of elemental fluorine for production of polyvinylidene fluoride (PVDF) and polytetrafluoroethylene (PTFE) is a driving factor for the market growth in the coming future. Increasing use of fluorinated organic chemicals such as in electrolytes and solvents in lubricants and pesticides is expected to accelerate the market growth in the coming years. Additionally, a key application of elemental fluorine in organic synthesis reactions, nitrogen derivatives, and agents is expected to propel the market growth with significant CAGR during the forecast period. However, there are some factors which can hamper the market growth such as handling, storage of elemental fluorine and transportation. Furthermore, increasing on-site elemental fluorine gas production and rising end use application is expected to create new opportunities for the manufacturers during the forecast period. 


Global Elemental Fluorine Market Share, by Application, 2017 (%)


Source: MRFR Analysis


Regional Analysis


Asia-Pacific is estimated to be the most lucrative market for the elemental fluorine in 2018 and is expected to continue the dominance during the assessment period. The demand for elemental fluorine is soon expected to increase owing to the growing demand from developing countries such as China, India, South Korea, and Japan. Furthermore, the increase in demand for end-use industries and positively inclined growth of industrialization are some of the key driving factors to accelerate the market growth during the forecast period. However, consumption of elemental fluorine in Latin America and the Middle East & Africa is estimated to be low owing to the weak growth of end-use industries such as chemical, nuclear fuel, electronics, and semiconductor. Additionally, Western Europe and North America are expected to hold more than one-third of market value share during the review period.


Segmentation


The global elemental fluorine market has been segmented by form, application, and region. Based on form, the global elemental fluorine market has been divided into α-Fluorine and β- fluorine. By application, the global elemental fluorine market has been categorized into metallurgy; glass & ceramics manufacturing; electronics & semiconductor; polymer manufacturing & processing; nuclear fuel and others.


The global elemental fluorine market, by region, has been studied concerning five regions—North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.


Key Players


Some of the key players operating in the global elemental fluorine market are Pelchem SOC Ltd (South Africa), Kanto Denka Kogyo Co., Ltd (Japan), The Linde Group (Ireland), Solvay S.A (Belgium), Navin Fluorine International Ltd (India), Air Products & Chemicals, Inc (US), and Advance Research Chemical Inc (US), among others.


Intended Audience



  • Elemental Fluorine Manufacturers

  • Traders and Distributors of Elemental Fluorine

  • Research and Development Institutes

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratories



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2023: USD 540 Million
  • 2027: Significant value
  •   CAGR   9.5%(2018–2023)
      Base Year   2019
      Forecast Period   2020-2027
      Historical Data   2018
      Forecast Units   Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Form, Application and Region
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Pelchem SOC Ltd (South Africa), Kanto Denka Kogyo Co., Ltd (Japan), The Linde Group (Ireland), Solvay S.A (Belgium), Navin Fluorine International Ltd (India), Air Products & Chemicals, Inc (US), and Advance Research Chemical Inc (US), among others.
      Key Market Opportunities   A key application of elemental fluorine in organic synthesis reactions, nitrogen derivatives, and agents is expected to propel the market growth
      Key Market Drivers   The extensive application of elemental fluorine for production of polyvinylidene fluoride (PVDF) and polytetrafluoroethylene (PTFE) is a driving factor for the market growth


    Speak to Analyst Ask for Customization

    Frequently Asked Questions (FAQ) :


    The valuation of the global elemental fluorine market is projected to escalate to approximately USD 540 MN by 2023.

    Elemental Fluorine Market is expected to register over 9.5% CAGR during the assessment period (2018-2023).

    By application, the metallurgy segment and based on form, the α-fluorine segment account for major share in the global elemental fluorine market.

    Asia Pacific holds the largest share in the global elemental fluorine market, followed by North America and Europe, respectively.

    Kanto Denka Kogyo Co., Ltd (Japan), Pelchem SOC Ltd (South Africa), The Linde Group (Ireland), Navin Fluorine International Ltd (India), Solvay S.A (Belgium), Advance Research Chemical Inc. (US), and Air Products & Chemicals, Inc. (US), are some of the major players operating in the elemental fluorine market.

    TABLE OF CONTENTS

    1 Executive Summary

    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Market Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining Power of Buyers

    4.1.3 Bargaining Power of Suppliers

    4.1.4 Threat of Substitutes

    4.1.5 Segment Rivalry

    4.2 Value Chain/Supply Chain of Global Elemental Fluorine Market

    5 Industry Overview of Global Elemental Fluorine Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact Analysis

    5.4 Market Challenges

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact Analysis

    7. Global Elemental Fluorine Market, by Form

    7.1 Introduction

    7.2 α-Fluorine

    7.2.1 Market Estimates & Forecast, 2020–2027

    7.2.2 Market Estimates & Forecast, by Region, 2020–2027

    7.3 β- Fluorine

    7.3.1 Market Estimates & Forecast, 2020–2027

    7.3.2 Market Estimates & Forecast, by Region, 2020–2027

    8. Global Elemental Fluorine Market, by Application

    8.1 Introduction

    8.2 Metallurgy

    8.2.1 Market Estimates & Forecast, 2020–2027

    8.2.2 Market Estimates & Forecast, by Region, 2020–2027

    8.3 Glass and Ceramic Manufacturing

    8.3.1 Market Estimates & Forecast, 2020–2027

    8.3.2 Market Estimates & Forecast, by Region, 2020–2027

    8.4 Sulfur Hexafluoride and Hydrogen Fluoride

    8.4.1 Market Estimates & Forecast, 2020–2027

    8.4.2 Market Estimates & Forecast, by Region, 2020–2027

    8.5 Electronics & Semiconductor

    8.5.1 Market Estimates & Forecast, 2020–2027

    8.5.2 Market Estimates & Forecast, by Region, 2020–2027

    8.6 Polymer Manufacturing & Processing

    8.6.1 Market Estimates & Forecast, 2020–2027

    8.6.2 Market Estimates & Forecast, by Region, 2020–2027

    8.7 Nuclear Fuel

    8.7.1 Market Estimates & Forecast, 2020–2027

    8.7.2 Market Estimates & Forecast, by Region, 2020–2027

    8.5 Other

    8.5.1 Market Estimates & Forecast, 2020–2027

    8.5.2 Market Estimates & Forecast, by Region, 2020–2027

    9. Global Elemental Fluorine Market, by Region

    9.1 Introduction

    9.2 North America

    9.2.1 Market Estimates & Forecast, 2020–2027

    9.2.2 Market Estimates & Forecast, by Form, 2020–2027

    9.2.3 Market Estimates & Forecast, by Application, 2020–2027

    9.2.4 US

    9.2.4.1 Market Estimates & Forecast, 2020–2027

    9.2.4.2 Market Estimates & Forecast, by Form, 2020–2027

    9.2.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.2.5 Canada

    9.2.5.1 Market Estimates & Forecast, 2020–2027

    9.2.5.2 Market Estimates & Forecast, by Form, 2020–2027

    9.2.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3 Europe

    9.3.1 Market Estimates & Forecast, 2020–2027

    9.3.2 Market Estimates & Forecast, by Form, 2020–2027

    9.3.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.4 Germany

    9.3.4.1 Market Estimates & Forecast, 2020–2027

    9.3.4.2 Market Estimates & Forecast, by Form, 2020–2027

    9.3.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.5. France

    9.3.5.1 Market Estimates & Forecast, 2020–2027

    9.3.5.2 Market Estimates & Forecast, by Form, 2020–2027

    9.3.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.6 Italy

    9.3.6.1 Market Estimates & Forecast, 2020–2027

    9.3.6.2 Market Estimates & Forecast, by Form, 2020–2027

    9.3.6.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.7 Spain

    9.3.7.1 Market Estimates & Forecast, 2020–2027

    9.3.7.2 Market Estimates & Forecast, by Form, 2020–2027

    9.3.7.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.8 UK

    9.3.8.1 Market Estimates & Forecast, 2020–2027

    9.3.8.2 Market Estimates & Forecast, by Form, 2020–2027

    9.3.8.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.9 Russia

    9.3.9.1 Market Estimates & Forecast, 2020–2027

    9.3.9.2 Market Estimates & Forecast, by Form, 2020–2027

    9.3.9.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.10 Poland

    9.3.10.1 Market Estimates & Forecast, 2020–2027

    9.3.10.2 Market Estimates & Forecast, by Form, 2020–2027

    9.3.10.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4 Asia-Pacific

    9.4.1 Market Estimates & Forecast, 2020–2027

    9.4.2 Market Estimates & Forecast, by Form, 2020–2027

    9.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.4 China

    9.4.4.1 Market Estimates & Forecast, 2020–2027

    9.4.4.2 Market Estimates & Forecast, by Form, 2020–2027

    9.4.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.5 India

    9.4.4.1 Market Estimates & Forecast, 2020–2027

    9.4.4.2 Market Estimates & Forecast, by Form, 2020–2027

    9.4.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.6 Japan

    9.4.5.1 Market Estimates & Forecast, 2020–2027

    9.4.5.2 Market Estimates & Forecast, by Form, 2020–2027

    9.4.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.7 Australia

    9.4.7.1 Market Estimates & Forecast, 2020–2027

    9.4.7.2 Market Estimates & Forecast, by Form, 2020–2027

    9.4.7.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.8 New Zealand

    9.4.8.1 Market Estimates & Forecast, 2020–2027

    9.4.8.2 Market Estimates & Forecast, by Form, 2020–2027

    9.4.8.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.9 Rest of Asia-Pacific

    9.4.9.1 Market Estimates & Forecast, 2020–2027

    9.4.9.2 Market Estimates & Forecast, by Form, 2020–2027

    9.4.9.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5 Middle East & Africa

    9.5.1 Market Estimates & Forecast, 2020–2027

    9.5.2 Market Estimates & Forecast, by Form, 2020–2027

    9.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5.4 Turkey

    9.5.4.1 Market Estimates & Forecast, 2020–2027

    9.5.4.2 Market Estimates & Forecast, by Form, 2020–2027

    9.5.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5.5 Israel

    9.5.5.1 Market Estimates & Forecast, 2020–2027

    9.5.5.2 Market Estimates & Forecast, by Form, 2020–2027

    9.5.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5.6 North Africa

    9.5.6.1 Market Estimates & Forecast, 2020–2027

    9.5.6.2 Market Estimates & Forecast, by Form, 2020–2027

    9.5.6.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5.7 GCC

    9.5.7.1 Market Estimates & Forecast, 2020–2027

    9.5.7.2 Market Estimates & Forecast, by Form, 2020–2027

    9.5.7.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5.8 Rest of the Middle East & Africa

    9.5.8.1 Market Estimates & Forecast, 2020–2027

    9.5.8.2 Market Estimates & Forecast, by Form, 2020–2027

    9.5.8.3 Market Estimates & Forecast, by Application, 2020–2027

    9.6 Latin America

    9.6.1 Market Estimates & Forecast, 2020–2027

    9.6.2 Market Estimates & Forecast, by Form, 2020–2027

    9.6.3 Market Estimates & Forecast, by Application, 2020–2027

    9.6.4 Brazil

    9.6.4.1 Market Estimates & Forecast, 2020–2027

    9.6.4.2 Market Estimates & Forecast, by Form, 2020–2027

    9.6.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.6.5 Argentina

    9.6.5.1 Market Estimates & Forecast, 2020–2027

    9.6.5.2 Market Estimates & Forecast, by Form, 2020–2027

    9.6.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.6.6 Mexico

    9.6.6.1 Market Estimates & Forecast, 2020–2027

    9.6.6.2 Market Estimates & Forecast, by Form, 2020–2027

    9.6.6.3 Market Estimates & Forecast, by Application, 2020–2027

    9.6.7 Rest of Latin America

    9.6.7.1 Market Estimates & Forecast, 2020–2027

    9.6.7.2 Market Estimates & Forecast, by Form, 2020–2027

    9.6.7.3 Market Estimates & Forecast, by Application, 2020–2027

    10. Company Landscape

    11. Company Profiles

    11.1 Pelchem SOC Ltd (South Africa)

    11.1.1 Company Overview

    11.1.2 Form/Business Segment Overview

    11.1.3 Financial Updates

    11.1.4 Key Developments

    11.2 Kanto Denka Kogyo Co., Ltd (Japan)

    11.2.1 Company Overview

    11.2.2 Form/Business Segment Overview

    11.2.3 Financial Updates

    11.2.4 Key Developments

    11.3 The Linde Group (Ireland)

    11.3.1 Company Overview

    11.3.2 Form/Business Segment Overview

    11.3.3 Financial Updates

    11.3.4 Key Developments

    11.4 Solvay S.A (Belgium)

    11.4.1 Company Overview

    11.4.2 Form/Business Segment Overview

    11.4.3 Financial Updates

    11.4.4 Key Developments

    11.5 Navin Fluorine International Ltd (India)

    11.5.1 Company Overview

    11.5.2 Form/Business Segment Overview

    11.5.3 Financial Updates

    11.5.4 Key Developments

    11.6 Air Products & Chemicals, Inc (US)

    11.6.1 Company Overview

    11.6.2 Form/Business Segment Overview

    11.6.3 Financial Updates

    11.6.4 Key Developments

    11.7 Advance Research Chemical Inc (US)

    11.7.1 Company Overview

    11.7.2 Form/Business Segment Overview

    11.7.3 Financial Updates

    11.7.4 Key Developments

    12. Conclusion

    LIST OF TABLES

    Table 1 World Population in Major Regions (2020–2027)

    Table 2 Global Elemental Fluorine Market, by Region, 2020–2027

    Table 3 North America: Elemental Fluorine Market, by Country, 2020–2027

    Table 4 Europe: Elemental Fluorine Market, by Country, 2020–2027

    Table 5 Asia-Pacific: Elemental Fluorine Market, by Country, 2020–2027

    Table 7 Middle East & Africa: Elemental Fluorine Market, by Country, 2020–2027

    Table 6 Latin America: Elemental Fluorine Market, by Country, 2020–2027

    Table 8 Global Elemental Fluorine Form Market, by Region, 2020–2027

    Table 9 North America: Elemental Fluorine Form Market, by Country, 2020–2027

    Table 10 Europe: Elemental Fluorine Form Market, by Country, 2020–2027

    Table11 Asia-Pacific: Elemental Fluorine Form Market, by Country, 2020–2027

    Table13 Middle East & Africa: Elemental Fluorine Form Market, by Country, 2020–2027

    Table12 Latin America: Elemental Fluorine Form Market, by Country, 2020–2027

    Table14 North America: Elemental Fluorine Application Market, by Country, 2020–2027

    Table13 Europe: Elemental Fluorine Application Market, by Country, 2020–2027

    Table14 Asia-Pacific: Elemental Fluorine Application Market, by Country, 2020–2027

    Table16 Middle East & Africa: Elemental Fluorine Application Market, by Country, 2020–2027

    Table15 Latin America: Elemental Fluorine Application Market, by Country, 2020–2027

    Table23 Global Form Market, by Region, 2020–2027

    Table24 Global Application Market, by Region, 2020–2027

    Table25 North America: Elemental Fluorine Market, by Country, 2020–2027

    Table26 North America: Elemental Fluorine Market, by Form, 2020–2027

    Table27 North America: Elemental Fluorine Market, by Application, 2020–2027

    Table28 Europe: Elemental Fluorine Market, by Country, 2020–2027

    Table29 Europe: Elemental Fluorine Market, by Form, 2020–2027

    Table30 Europe: Elemental Fluorine Market, by Application, 2020–2027

    Table31 Asia-Pacific: Elemental Fluorine Market, by Country, 2020–2027

    Table32 Asia-Pacific: Elemental Fluorine Market, by Form, 2020–2027

    Table33 Asia-Pacific: Elemental Fluorine Market, by Application, 2020–2027

    Table36 Middle East & Africa: Elemental Fluorine Market, by Country, 2020–2027

    Table37 Middle East & Africa Elemental Fluorine Market, by Form, 2020–2027

    Table33 Middle East & Africa: Elemental Fluorine Market, by Application, 2020–2027

    Table34 Latin America: Elemental Fluorine Market, by Country, 2020–2027

    Table35 Latin America Elemental Fluorine Market, by Form, 2020–2027

    Table33 Latin America: Elemental Fluorine Market, by Application, 2020–2027

    LIST OF FIGURES

    FIGURE 1 Global Elemental Fluorine Market Segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Five Forces Analysis of Global Elemental Fluorine Market

    FIGURE 4 Value Chain of Global Elemental Fluorine Market

    FIGURE 5 Share of Global Elemental Fluorine Market in 2020, by Country (%)

    FIGURE 6 Global Elemental Fluorine Market, 2020–2027,

    FIGURE 7 Sub-Segments of Form, 2020

    FIGURE 8 Global Elemental Fluorine Market Size, by Form, 2020

    FIGURE 9 Share of Global Elemental Fluorine Market, by Form, 2020–2027

    FIGURE 10 Sub-Segments of Application

    FIGURE 11 Global Elemental Fluorine Market Size, by Application, 2020

    FIGURE 12 Share of Global Elemental Fluorine Market, by Application, 2020–2027