The Calcium Fluoride is to reach $2.7 billion by 2030; Increasing in the consumption of aluminum products from the end user industry is likely to propel the market growth of Calcium Fluoride market.

The Calcium Fluoride size is estimated to reach $2.7 billion by 2030, growing at a CAGR of 8.4% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Calcium Fluoride – By Type (>97% Calcium Fluoride, ≤97% Calcium Fluoride), By End User (Metallurgical Industry, Chemical Industry, Construction Industry, Optical Industry and Others), By Geography – Global Opportunity Analysis & Industry Forecast, 2024-2030”.

Asia – Pacific held the largest share in the Calcium Fluoride Market in 2023 followed by north America and Europe. Rapid industrialization and urbanization in countries like China, India, and Japan have led to increased demand for calcium fluoride, especially in steel production, as the chemical plays a crucial role as a flux in reducing impurities during manufacturing processes. Additionally, the rising demand for fluorochemicals, which use calcium fluoride as a raw material, has further driven the market, with growing applications in refrigerants, pharmaceuticals, and chemical synthesis. Furthermore, technological advancements in extraction and processing methods further enhance product availability and quality further driving the growth of the Calcium Fluoride industry in the Asia-Pacific region.