According to our (Global Info Research) latest study, the global Lutetium Resources market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Lutetium is a chemical element with the symbol Lu and atomic number 71. It is a rare earth metal that is typically found in small amounts in minerals such as monazite and xenotime. Lutetium is the last element in the lanthanide series, and as such, it is the rarest and most expensive of all the rare earth metals.
Lutetium has several important uses in industry and research. It is used as a catalyst in various chemical reactions, as well as in the production of specialty glasses and ceramics. Lutetium-176 is also used as a radioactive tracer in medical imaging studies, particularly for bone scans and prostate cancer imaging.
In recent years, there has been increasing interest in the potential use of lutetium as a material for nuclear reactor control rods. Lutetium-based control rods have the potential to improve the safety and efficiency of nuclear reactors, and several countries, including China and the United States, have been investing in research and development in this area.
Due to its rarity and importance in various industries, lutetium resources are considered to be a valuable commodity. However, it is worth noting that the global reserves of lutetium are relatively small, and as such, efforts are underway to develop more efficient methods for extracting and recycling lutetium to meet growing demand.
This report is a detailed and comprehensive analysis for global Lutetium Resources market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Lutetium Resources market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
Global Lutetium Resources market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
Global Lutetium Resources market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
Global Lutetium Resources market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Lutetium Resources
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Lutetium Resources market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Goodfellow Corporation, American Elements, Materion Corporation, Treibacher Industrie AG and Noah Technologies Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Lutetium Resources market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Lutetium Salt
Lutetium Metal
Others
Market segment by Application
Electronic Conductors
Medical Industry
Nuclear Energy
Others
Major players covered
Goodfellow Corporation
American Elements
Materion Corporation
Treibacher Industrie AG
Noah Technologies Corporation
Stanford Advanced Materials
Rare Earth Salts
China Rare Earth Resources And Technology
Advanced Technology & Materials
Qiandong Group
Shanghai Heli Rare Earth Group
Grirem Advanced Materials
Huizhou Tuopu Metal Materials
Chinalco Guangxi Nonferrous Rare-Earth Developmen (China Rare Metals and Rare Earths Company Limited)
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Lutetium Resources product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Lutetium Resources, with price, sales, revenue and global market share of Lutetium Resources from 2018 to 2023.
Chapter 3, the Lutetium Resources competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lutetium Resources breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Lutetium Resources market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Lutetium Resources.
Chapter 14 and 15, to describe Lutetium Resources sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Lutetium Resources. Industry analysis & Market Report on Lutetium Resources is a syndicated market report, published as Global Lutetium Resources Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Lutetium Resources market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.