The global fluorspar market was valued at USD 3 billion in 2023 and grew at a CAGR of 6% from 2024 to 2033. The market is expected to reach USD 5.37 billion by 2033. The rapid industrialization will drive the growth of the global fluorspar market.Fluorspar is also known as fluorite. It is a mineral consisting of calcium fluoride (CaF2). It can be orange in colour, or it can range from purple and green to blue, yellow, and colourless. possesses a relatively low hardness. exhibits fluorescence under ultraviolet light. One of fluorspar's primary uses is as a flux in the steelmaking process.
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