The fluorine chemical industry is developing rapidly, but the supply and demand of raw materials are tight

Fluorine chemicals is a subdivision of the chemical industry and one of the new chemical materials. It refers to the chemical industry with fluorine-containing materials as its main products. Fluorine chemicals include inorganic and organic parts. Inorganic fluorine chemical products include fluoride salts, aluminum fluoride, anhydrous potassium fluoride and other fluorides; the main products of organic fluorine chemicals include tetrafluoroethylene, polytetrafluoroethylene, chlorofluorocarbons, hydrochlorofluorocarbons and fluorine-containing Fine chemicals, etc. Compared with traditional bulk chemical production, the fluorine chemical production process has the characteristics of high equipment costs, small scale of single equipment, long production cycle, multiple production methods, and strict safety and environmental protection requirements.

Fluorite is an important raw material for fluorine chemicals, and my country is the world’s largest fluorspar producer. According to USGC statistics, my country’s fluorspar output reached 5.40 million tons in 2021, accounting for 6.3% of the global total. In recent years, my country has vigorously developed the fluorine chemical industry with the help of rich fluorite resources, and the output of fluorine chemical products has continued to grow. In 2021, my country’s fluorine chemical product output will be 3.956 million tons, a year-on-year increase of 1.3%. However, there is still a contradiction between supply and demand in my country’s fluorspar market. In addition, affected by supply-side structural reforms and demand-driven factors, the price of fluorspar is rising, which will bring challenges to the development of my country’s fluorine chemical industry.

According to the “2022-2027 Fluorine Chemical Industry In-depth Market Research and Investment Strategy Suggestion Report released by the Industrial Research Center, inorganic fluorine Chemical products are the basis of the fluorine chemical industry and are widely used in metallurgy, optical instruments, electronics, nuclear industry, medical and other fields. In the microelectronics industry, nitrogen trifluoride (NF3), as an inorganic fluoride, can be cracked into active fluoride ions and has good etching rate and selectivity for silicon and tungsten compounds. In 2021, my country’s nitrogen trifluoride output will reach 15,000 tons, a year-on-year increase of 15.4%. Sulfur hexafluoride (SF6), as a new generation of ultra-high voltage insulating dielectric material, can be used as a plasma etching and cleaning agent in the manufacture of large-scale integrated circuits. In recent years, my country’s research and development technology for inorganic fluorine chemical products such as sulfur hexafluoride has continued to improve, which will bring broad prospects for the development of the fluorine chemical industry.

In terms of market competition, my country’s fluorine chemical industry is highly concentrated, with listed companies such as Haohua Co., Ltd., Juhua Co., Ltd., Duofluoro, and Jinshi Resources occupying the majority of the market share. Juhua Co., Ltd. has my country’s leading fluorine chemical manufacturing base, has a complete fluorine chemical product research and development system, and ranks as the leader in my country’s fluorine chemical industry.

Industry analysts said that fluorine chemicals are known as the gold industry and are an important part of the national strategic emerging industries. At present, my country’s fluorine chemical industry has entered a stage of rapid development, with strong demand in various emerging application fields and continuous improvement of R&D technology. It is expected that the development speed of my country’s fluorine chemical industry will far exceed the global average level in the future. However, the tight supply and demand of raw materials is still the main problem that needs to be solved urgently for the development of my country’s fluorine chemical industry.