Reports and Data estimates the global Fluorine competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2030 as the forecast period. The report offers CAGR and market size for the global Fluorine during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Solvay S.A. (Belgium), Linde Plc (Ireland), Air Products and Chemicals Inc. (U.S.), Kanto Denka Kogyo Co. Ltd. (Japan), Hyosung Chemical (South Korea), Navin Fluorine International Ltd. (India), Advance Research Chemicals Inc. (U.S.), Central Glass Co. Ltd. (Japan), ADCO Global Inc. (U.S.), AGC Inc. (Japan)

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Fluorine Overview :-

The global fluorine market size was robust in 2021 and is expected to register a steady revenue CAGR of 4.07% during the forecast period. Increasing use of the product in the electronics industry such as in semiconductor wafers due to its potent cleaning attributes is a key factor, which is expected to drive market revenue growth. In addition, its adoption in the solar energy sector pertaining to use in optimizing solar cells and energy stabilization is also expected to rise demand for the product.

Fluorine also denoted as F2, is a yellow colored gas, which is a highly reactive halogen element. The product is produced through fluorspar mineral ores from the earth’s crust and is basis for the fluorochemical industry. It is commercially produced by electrolysis of hydrogen fluoride which is added to the smelting mixture in metal purifications owing to its ability to lower smelting temperature, thus making the process relatively much efficient. Furthermore, the product is a major component in cryolite and aluminum manufacturing in the metallurgical sector. Additionally, other applications include, removing undesired oxides from steel sheets and from silicon cells in solar technology.  Similarly, owing to its reactivity attribute, the product is widely used in the electronics sector to clean silicon semiconductor wafers. Furthermore, polymer production utilizes this substance to prepare Teflon, fiber glass, and fluorine polyamide films, which constitute the display screens in mobile phones. Being the main ingredient in fluorocarbon manufacturing, it leads to endothermic reactions, making it extremely beneficial to the refrigeration and coolants sector. Uranium nuclear fission is assisted by this chemical, which is the backbone of non-fossil fuel nuclear power generation. As a result, it is a highly versatile gas, which is useful in various fields ranging from cleaning to nuclear fission.

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For the purpose of this report Reports and Data has segmented global Fluorine market on the basis of type, application, and region:

Type (Revenue, USD Million; 2019-2030)

  • Industrial Grade Fluorine
  • Electronics Grade Fluorine

Application/End Use Outlook (Revenue, USD Million; 2019-2030)

  • Electronics Industry
  • Solar Cells
  • Chemicals Production
  • Others

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

 

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 Key Questions answered by the Report:

  • What is the expected year-on-year growth of the Fluorine during the forecast period?
  • What key trends are expected influence revenue growth of the market going ahead?
  • Which region is expected to account for largest revenue share over the forecast period?
  • Which key companies are profiled in the report?

 

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About Reports and Data 

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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