| Product Code: ETC103483 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India`s fluorine import shipments in 2024 continued to see top suppliers from Germany, South Korea, USA, Belgium, and Canada. The market displayed a very high concentration, with the Herfindahl-Hirschman Index (HHI) reflecting this trend. Despite a decline in the Compound Annual Growth Rate (CAGR) from 2020 to 2024 at -4.84%, the growth rate from 2023 to 2024 remained negative at -4.86%. This data suggests a challenging market environment for fluorine imports in India, emphasizing the importance of monitoring international trade dynamics and competitive landscapes in the sector.

The India fluorine market is projected to grow at a CAGR of 4.7% during the forecast period. This growth is attributed to the increasing demand for refrigerants, insulators, and specialty gases in numerous industries such as chemical & petrochemical and automotive across the country. The growing population along with rising disposable incomes has led to increased spending on consumer durables which further creates an enormous potential for special gases used in air conditioners and other home appliances. Additionally, government initiatives like Make In India are expected to create several opportunities for leading players operating in this sector thereby driving overall growth over the coming years.
Rising awareness about energy efficiency of fluorinated products among consumers has been driving uptake of these products across commercial buildings and residential complexes; thus providing a positive Outlook for market growth during the forecast period. Further, government initiatives to promote green building construction are anticipated to present immense opportunities for manufacturers operating in this space over the next few years. Additionally, increasing adoption of advanced technologies by end-use sectors like chemicals and petrochemicals should provide an impetus to the industry expansion going forward.
Stringent environmental regulations imposed on production facilities may hinder market development due to their high costs associated with implementation of eco-friendly practices; thereby adversely affecting product pricing structure which could hamper overall industry profitability over time.
Major Players operating within Fluorine Market include 3M Company , AGC Inc., Asahi Glass Co., Ltd., Daikin
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 Fluorine Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Fluorine Market Revenues & Volume, 2021 & 2031F |
3.3 India Fluorine Market - Industry Life Cycle |
3.4 India Fluorine Market - Porter's Five Forces |
3.5 India Fluorine Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Fluorine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Fluorine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fluorine-based products in industries such as pharmaceuticals, electronics, and agrochemicals. |
4.2.2 Growing investments in research and development for the development of new fluorine-based materials and products. |
4.2.3 Favorable government regulations supporting the use of fluorine in various applications. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, such as hydrofluoric acid, which is a key component in fluorine production. |
4.3.2 Environmental concerns related to the use and disposal of fluorine-based products. |
4.3.3 Intense competition from substitute products and materials in certain applications. |
5 India Fluorine Market Trends |
6 India Fluorine Market, By Types |
6.1 India Fluorine Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Fluorine Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Fluorine Market Revenues & Volume, By Fluorite, 2021-2031F |
6.1.4 India Fluorine Market Revenues & Volume, By Cryolite, 2021-2031F |
6.1.5 India Fluorine Market Revenues & Volume, By Fluorapatite, 2021-2031F |
6.2 India Fluorine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Fluorine Market Revenues & Volume, By Synthetic Chemical Materials, 2021-2031F |
6.2.3 India Fluorine Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 India Fluorine Market Revenues & Volume, By Pesticides, 2021-2031F |
6.2.5 India Fluorine Market Revenues & Volume, By Plastic, 2021-2031F |
6.2.6 India Fluorine Market Revenues & Volume, By Electronic Cleaning, 2021-2031F |
6.2.7 India Fluorine Market Revenues & Volume, By Others, 2021-2031F |
7 India Fluorine Market Import-Export Trade Statistics |
7.1 India Fluorine Market Export to Major Countries |
7.2 India Fluorine Market Imports from Major Countries |
8 India Fluorine Market Key Performance Indicators |
8.1 Research and development investment in fluorine-based products and technologies. |
8.2 Number of patents filed for new fluorine-based products. |
8.3 Adoption rate of fluorine technologies in key industries. |
8.4 Environmental impact assessments and compliance measures in fluorine production. |
8.5 Growth in demand for fluorine derivatives in emerging applications such as lithium-ion batteries and solar panels. |
9 India Fluorine Market - Opportunity Assessment |
9.1 India Fluorine Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Fluorine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Fluorine Market - Competitive Landscape |
10.1 India Fluorine Market Revenue Share, By Companies, 2024 |
10.2 India Fluorine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |