| Product Code: ETC210696 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India inorganic fluorides market demonstrated steady growth with a CAGR of 4.0% from 2020 to 2024. Notably, there was a significant uptick in growth momentum between 2023 and 2024, with a growth rate of 15.9%. The market's expansion indicates increasing demand and potential for further growth in the coming years.
The India inorganic fluorides market holds significant importance within the country`s chemical industry. Inorganic fluorides are a group of chemical compounds that contain fluorine and various metals. These compounds find diverse applications in sectors such as aluminum production, metallurgy, glass manufacturing, and pharmaceuticals. The market for inorganic fluorides in India has been witnessing steady growth, driven by the expanding industrial sectors and the increasing demand for high-quality products across various applications.
There are several drivers contributing to the growth of the India inorganic fluorides market. One primary factor is the flourishing aluminum industry in the country. Inorganic fluorides, particularly aluminum fluoride, play a critical role in the production of aluminum as a flux. With the rise in demand for aluminum in various sectors, including construction and automotive, the need for aluminum fluoride has also surged. Additionally, the metallurgical sector relies heavily on inorganic fluorides for processes like metal smelting and refining. The robust growth in the automotive and infrastructure sectors has further boosted the demand for inorganic fluorides in India.
Despite the promising growth, the India inorganic fluorides market faces certain challenges. The first challenge lies in the sourcing of raw materials. Fluorspar, a primary raw material used in the production of inorganic fluorides, is not abundantly available in India, and a significant portion needs to be imported. This dependence on imports can lead to fluctuations in prices and supply constraints. Moreover, environmental concerns regarding the use and disposal of inorganic fluorides pose regulatory challenges to manufacturers, requiring them to adopt eco-friendly practices and invest in waste management technologies.
The Covid-19 pandemic had a substantial impact on the India inorganic fluorides market. The outbreak led to disruptions in industrial operations, supply chains, and reduced demand in various sectors. Industries like automotive, construction, and electronics, which are major consumers of inorganic fluorides, witnessed a slowdown during the lockdown period. However, with the easing of restrictions and gradual recovery of economic activities, the market has shown signs of revival. The emphasis on healthcare and pharmaceuticals during the pandemic also contributed to the demand for fluorides used in drug manufacturing.
The India inorganic fluorides market is served by several key players, both domestic and international. Companies like Navin Fluorine International Limited, GFL Limited, Gujarat Fluorochemicals Limited, and Solvay are among the prominent players in the industry. These companies have established a strong foothold in the market and play a crucial role in meeting the growing demand for inorganic fluorides in India. Their focus on research and development, product innovation, and strategic partnerships ensures their competitiveness and sustained growth in the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Inorganic Fluorides Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Inorganic Fluorides Market Revenues & Volume, 2021 & 2031F |
3.3 India Inorganic Fluorides Market - Industry Life Cycle |
3.4 India Inorganic Fluorides Market - Porter's Five Forces |
3.5 India Inorganic Fluorides Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Inorganic Fluorides Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 India Inorganic Fluorides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from the pharmaceutical industry for the production of fluorinated drugs |
4.2.2 Increasing use of inorganic fluorides in the manufacturing of aluminum, glass, and ceramics |
4.2.3 Rising adoption of inorganic fluorides in water fluoridation programs to improve dental health |
4.3 Market Restraints |
4.3.1 Stringent regulations and environmental concerns regarding the use and disposal of inorganic fluorides |
4.3.2 Fluctuating prices of raw materials such as hydrofluoric acid impacting production costs |
5 India Inorganic Fluorides Market Trends |
6 India Inorganic Fluorides Market, By Types |
6.1 India Inorganic Fluorides Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Inorganic Fluorides Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Inorganic Fluorides Market Revenues & Volume, By Ammonium Hydrogen Fluoride, 2021-2031F |
6.1.4 India Inorganic Fluorides Market Revenues & Volume, By Calcium Fluoride, 2021-2031F |
6.1.5 India Inorganic Fluorides Market Revenues & Volume, By Hydrogen Fluoride, 2021-2031F |
6.1.6 India Inorganic Fluorides Market Revenues & Volume, By Sodium Fluoride, 2021-2031F |
6.1.7 India Inorganic Fluorides Market Revenues & Volume, By Sulphur Hexafluoride, 2021-2031F |
6.1.8 India Inorganic Fluorides Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Inorganic Fluorides Market, By End-Use Industry |
6.2.1 Overview and Analysis |
6.2.2 India Inorganic Fluorides Market Revenues & Volume, By Aluminum Industry, 2021-2031F |
6.2.3 India Inorganic Fluorides Market Revenues & Volume, By Oil and Gas Industry, 2021-2031F |
6.2.4 India Inorganic Fluorides Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 India Inorganic Fluorides Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.6 India Inorganic Fluorides Market Revenues & Volume, By Others, 2021-2031F |
7 India Inorganic Fluorides Market Import-Export Trade Statistics |
7.1 India Inorganic Fluorides Market Export to Major Countries |
7.2 India Inorganic Fluorides Market Imports from Major Countries |
8 India Inorganic Fluorides Market Key Performance Indicators |
8.1 Research and development investment in new applications of inorganic fluorides |
8.2 Adoption rate of inorganic fluorides in emerging industries such as electronics and automotive |
8.3 Number of new product launches and innovations in the inorganic fluorides market |
9 India Inorganic Fluorides Market - Opportunity Assessment |
9.1 India Inorganic Fluorides Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Inorganic Fluorides Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 India Inorganic Fluorides Market - Competitive Landscape |
10.1 India Inorganic Fluorides Market Revenue Share, By Companies, 2024 |
10.2 India Inorganic Fluorides Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |