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FLUORINE SECTOR

- Sarvesh Kondejkar

(December 2022)

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Introduction

Fluorine

  • Lightest halogen, most electronegative reactive element.

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  • Essential in numerous chemical and manufacturing processes.

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  • Fluorspar (fluorite – CaF2), fluorite mineral mined on large scale

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  • C-F is the strongest bond, carbon can form, increasing metabolic stability of fluoro-pharmaceuticals

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Fluorine Sector

  • 3 major segments –
    • Fluorite
    • Cryolite
    • Fluorapatite

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  • Expected growth of 4% CAGR till FY24 to USD 28.8 bn
    • Asia Pacific – 7.7 bn
    • Europe – 6 bn
    • America – 6 bn
    • India – 700 mn

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  • Major Products –
    • Fluor specialty
    • Fluoropolymers
    • Inorganic Fluorides
    • Pharma
    • CRAMS

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Pharma

Agrochem

Refrigeration

Air-Conditioner

Electrical

Automobile

FY19-24

(CAGR)

Triggers

Development of biological APIs, demand for packaging API, ANDA

Technical grade pesticides production in India. Increasing consumption locally.

India – Agrarian Economy, increase in cold storage facilities. Increase in requirements for processed products.

52% have ACs in middle class households, good opportunity with increase in discretionary spending. Shopping complexes, Hypermarkets bringing demand

Growth in urbanization and use of consumer electronics across economics segments driving demand

Looks attractive, as auto cycle is reviving from 4+ year consolidation. Usage in component and ancillary manufacturing.

11.3%

10.1%

9%

11%

8.5%

7.5%

Growth Drivers

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Indian Fluorine Sector & Fluoropolymers

Versatile nature of the same, the applications are increasing & evolving for newer energy applications such as lithium batteries, hydrogen fuel cells & solar

Trends Shaping Up

Automobile

    • Emission standards & fuel efficiency
    • Decarbonization of transportation via alternative energy
    • Active safety & infotainment

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Renewable Energy & Storage

    • Smart grid with increasing amount of renewable energy & storage
    • Government & OEM driven alternative energy vehicles

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Cons. Electrical & Communication

    • Growth and innovation in IOT, smart phones, wearables, AI, etc
    • Next gen connectivity (5G), advances in circuit board, LAN, antennas, etc

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Major Players - India

SRF

Gujarat Fluorochemical

Navin Fluorine

Fluorination Capabilities

Nucleophilic – HF, KF, SF4, DAST

Electrophilic – Elemental fluorine

Nucleophilic – HF, KF, TFEDMA

Nucleophilic – AHF, HF amine complexes, SF4, Alkali Metal Fluorides

Electrophilic – N-F class reagents

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Case Study – Smart Cities & Fluoropolymers

Office Space

Cell towers

Mobile Phones

Wearable Devices

Smart Lightings

Cablings

Chips & Processors

Support the high bandwidth and extreme performance requirements

Achieving the speed, capacity and low latency of 5G protocol

High purity, high performance semiconductor chips & USB cables

Used in sensor technology and efficient chip miniaturization

Adapting maximizing energy efficiency & reliability of control

To support greater volumes of data at high rates with security protocols.

Offering durability , less power and performance with efficient shrinking

An estimated 68% of the world’s growing population will live in urban areas by 2050

    • IMP Aspects
      • Security, Privacy
      • Contributing to good health
      • Fast networking & sensors
      • Saving money, time and other resources

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THANK YOU FOR YOUR TIME !!

(Following for educational purposes only)