Lutetium oxide, a white solid, is a cubic compound of lutetium sometimes used in the preparation of specialty glasses. It is also called lutecia. It is a lanthanide oxide, also known as a rare earth.
At present, the global Lutetium Oxide market is dominated by Chinese enterprises. China is the world's largest production area of Lutetium Oxide. In 2016, China accounted for 96% of the global production share. China, North America, Europe and Japan are the world's leading consumer regions. However, the consumption of downstream enterprises is dispersed and unstable. Chinese companies and the government's bargaining power is weak, the market price is not dominated by manufacturers
In 2016, global Lutetium Oxide production was estimated at 81.5 tonnes. The global Lutetium Oxide revenue market is estimated at 51 million USD. China Minmetals Rare Earth is the world's largest producer. At present, the company holds 40% of the global production share. In 2011-2016, the global Lutetium Oxide prices have decreased significantly. However, in the past few months, the prices of Lutetium Oxide act certain degree of recovery.
According to this study, over the next five years the Lutetium Oxide market will register a 9.5% CAGR in terms of revenue, the global market size will reach US$ 110 million by 2024, from US$ 61 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Lutetium Oxide business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Lutetium Oxide market by product type, application, key manufacturers and key regions and countries.
This study considers the Lutetium Oxide value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
3N
4N
4.5N
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Glass and Ceramics
Laser Crystals
Catalyst
Alloy and Permanent Magnet Material
Optical Dopant and Phosphors
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Treibacher
China Minmetals Rare Earth
Longyi Heavy Rare-Earth
Ganzhou Rare Earth Mineral Industry
Ganzhou Qiandong Rare Earth Group
Chenguang Rare Earth
Jiangyin Jiahua Advanced Material Resouces
Jiangsu Guosheng Rare-earth
Gansu Rare Earth New Material
Yongxing Chemical Industry
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Lutetium Oxide consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Lutetium Oxide market by identifying its various subsegments.
Focuses on the key global Lutetium Oxide manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Lutetium Oxide with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Lutetium Oxide submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Lutetium Oxide . Industry analysis & Market Report on Lutetium Oxide is a syndicated market report, published as Global Lutetium Oxide Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Lutetium Oxide market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.