The global inorganic fluorides market is estimated at USD 2.34 billion in 2024, driven by rising demand from aluminum smelting, glass etching, water treatment, pharmaceuticals, and agrochemicals. Regional analysis highlights Asia-Pacific accounting for nearly 46% of the market, supported by China’s large-scale aluminum and steel output and India’s expanding ceramics and glass industries. Europe continues to demonstrate strong growth through regulatory-driven demand, while North America benefits from applications in electronics and automotive. In contrast, Latin America and the Middle East are shaping opportunities with cost-effective bulk-grade production and new industrial expansions. According to UN Comtrade, global exports of inorganic fluorides (HS 2826) surpassed USD 1.3 billion in 2023, underscoring the market’s global trade significance.
Inorganic Fluorides overview
Published by MMR Statistics Research Team, Updated