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About: Fluorochemical industry     Goto   Sponge   NotDistinct   Permalink

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The global market for chemicals from fluorine was about US$16 billion per year as of 2006. The industry was predicted to reach 2.6 million metric tons per year by 2015. The largest market is the United States. Western Europe is the second largest. Asia Pacific is the fastest growing region of production. China in particular has experienced significant growth as a fluorochemical market and is becoming a producer of them as well. Fluorite mining (the main source of fluorine) was estimated in 2003 to be a $550 million industry, extracting 4.5 million tons per year.