Report Ocean is a comprehensive analysis of the global Europium Market that includes both qualitative and quantitative data. The report covers various regions and provides insights into major industry changes, challenges faced by businesses and competitors, and potential new opportunities in the market. It also includes a SWOT analysis, Porter’s Five Forces model, and a value chain review to help readers understand the industry’s position in the market and the stakeholder positions.
Europium Market is valued approximately USD $$million in 2021 and is anticipated to grow with a healthy growth rate of more than $$% over the forecast period 2022-2028. The Europium can be defined as a chemical element, a rare-earth metal of the lanthanide series of the periodic table. Europium is not found free in nature but is found in several minerals including monazite, bastnaesite and xenotime. Commercially, europium is produced through ion exchange and solvent extraction. In electronic industry Europium is used in smartphone batteries, screens, as well as flat panel displays and LEDs. It is also used in the currency notes, as it glows red under UV light, and forgeries can be detected by the lack of this red glow. The rising demand for the SDN and NFV, growing need for mobility, rapid digitization, coupled with the rising investments Internet of things, increased system availability are factors that are accelerating the global market demand.
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For instance, according to Statista – In 2021, the revenue of the global consumer electronics market was estimated at USD 1 trillion, and this amount is projected to grow to USD 1.14 trillion by 2026. Also, growing emergence of flat panel display devices as well as increasing number of technological advancements in rare earth industries are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, limited supply associated with Europium and ongoing trade wars impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Europium Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the region being highest producer of Europium and increasing end use applications of Europium. Whereas, Asia pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of electronics industry and increasing penetration of smartphones in the region, would create lucrative growth prospects for the global Europium market across the Asia pacific region.
Major market players included in this report are:
Avalon Rare Metals Inc.
Molycorp
Lynas
Minmetals Corporation
Baotou Steel Rare-Earth
Xiamen Tungsten
Great Western Minerals Group Ltd.
Otto Chemie Pvt. Ltd
Parchem fine & specialty chemicals
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Application
Permanent Magnets
Catalysts
Glass Polishing
Phosphors
Ceramics
Metal Alloys
Glass Additives
Others
By End-use
Consumer Electronics
Lighting
Semiconductors
Automotive
Healthcare
Nuclear Labs
Metallurgy
Anti-counterfeiting
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Contents:
- Executive Summary
- Introduction
- Methodology
- Market Overview
- Market Analysis
- Market Size and Forecast
- Market Trends
- Market Dynamics
- Market Segmentation
- Competitive Landscape
- Competitive Scenario
- Key Players
- Regional Analysis
- Regional Market Overview
- Market Size and Forecast by Region
- Product/Service Analysis
- Product/Service Overview
- Market Size and Forecast by Product/Service
- End-User Analysis
- End-User Overview
- Market Size and Forecast by End-User
- Industry Structure
- Key Findings and Recommendations
- Conclusion
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