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Rising Demand for Aluminum in the Automotive Industry to Bolster Cryolite Market Growth

Cryolite (also known as sodium hexafluoroaluminate) is an inorganic compound with the formula Na3AlF3 and the chemical name sodium hexafluoroaluminate. Aluminum oxide, sodium hydroxide, and hydrofluoric acid, or their equivalent reagent, hexafluorosilicic acid, are used to make cryolite. The fluxing agent cryolite has a very low melting point. In the presence of silica, cryolite can become volatile and cause blistering in large amounts. Cryolite is primarily used as a flux in the production of aluminium by smelting or electrolysis. Even though it is only used in small amounts, it is essential in the production of aluminium. For example, approximately 2 kg of cryolite is required to produce one tonne of aluminium. Because alumina has a very high melting point, it is blended with cryolite to lower it.

In the near future, rising demand for aluminium in the automotive industry due to its lightweight and high strength, as well as stringent vehicle emission regulations, are expected to be two of the most important factors driving demand for cryolite for aluminium production. Furthermore, rising construction spending due to rapid urbanisation, rising global per capita income, and rising global GDP growth are expected to boost aluminium demand over the forecast period. Because cryolite lowers the melting point of aluminium ore (generally between 900 and 1,000 degrees Celsius), it is a key component in the aluminium smelting process. As aluminium production rises, so will the global cryolite market.

Cryolite Market: Key Participants

Examples of some of the market participants operating across the value chain of the global cryolite market are as follows:

  • Solvay SA
  • Dupré Minerals Limited
  • Sanyo Corporation of America.
  • Fluorsid S.p.A.
  • S.B. Chemicals
  • Henan Buckton industry & commerce co., ltd
  • Do-Fluoride Chemicals Co., Ltd.
  • Jay Intermediates & Chemicals
  • Derivados del Flúor and Many More…

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Cryolite Market: Segmentation

On the basis of application, the global cryolite market can be categorized as:

  • Aluminum Smelting
  • Abrasive Production
  • Metal Surface treatment
  • Welding Agent
  • Others

Cryolite Market Outlook by Region

North America, Latin America, Eastern Europe, Western Europe, South East Asia & Pacific (SEAPAC), China, Japan, and Middle East and Africa (MEA) make up the global cryolite market. Due to significant aluminium production facilities in the region, China leads the global cryolite market, followed by North America. China’s aluminium production is expected to rise significantly to meet rising demand from end-use industries, primarily from end-use industries. South East Asia and the Pacific is expected to be the most profitable region in terms of growth, providing significant opportunities for cryolite manufacturers.

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