Global Yttrium Market - Industry Trends, Opportunities and Forecasts to 2023
DESCRIPTION The global yttrium market is valued at US$XX.XX million in 2017 and is projected to reach US$XX.XX million in 2022 exhibiting a CAGR of XX.XX% during the forecast period. Yttrium is a soft and silver-metallic chemical element which is classified as a rare-earth metal. This metal element is stable in air in bulk form owing to the formation of a protective oxide (Y2O3) on its surface. However, it becomes highly unstable when finely divided and can ignite in air exceeding 400 degree Celsius. Commercial production of yttrium metal involves reduction of fluoride with calcium metal. Yttrium Nitride is formed when yttrium is heated to 1000 degree Celsius in Nitrogen. Yttrium being a lithophile metallic element that forms several minerals such as yttrialite and xenotime, and is also present as accessory element in garnet, feldspar, apatite, and biotite among others. The toxicity level of yttrium is regarded as low for living organisms but it can prove dangerous when exposed for a long time causing lung embolisms. Yttrium has wide range of applications including its uses in phosphors for color televisions and computer monitors, trichromatic fluorescent lights, and temperature sensors among others. Yttrium-aluminum garnet laser crystals are used in digital communication, temperature sensing, photochemistry, and dental and medical surgical procedures among others. It is also used in superconductors and super alloys. On the basis of geography, yttrium market is segmented as North America, Europe, Middle East & Africa, Asia-Pacific, and South America. Mining of yttrium is largest in Asia-Pacific. The production based competition is quite high in this region owing to the availability of yttrium and metal processing facilities. In this region, Yttrium is mainly used in phosphors followed by usage in ceramics, electronic devices, lasers, and metallurgical applications. China is the largest producer of yttrium in the world. Research Methodology The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Global Yttrium Market - Industry Trends, Opportunities and Forecasts to 2023
Market Dynamics Next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section. Market Segmentation The yttrium market has been segmented on the basis of component, end-user industry, and geography. By Product o Compounds o Alloys o Metal By End-User Industry o Ceramic o Consumer Electronics o Manufacturing o Defense and Aerospace o Automotive o Healthcare o Others By Geography o North America o South America o Europe o Middle East & Africa Global Yttrium Market - Industry Trends, Opportunities and Forecasts to 2023
o Asia-Pacific Key questions answered by the report 1. What would be the global yttrium market size from 2017-2022? 2. How are the major drivers and restraints affecting the global yttrium market and the opportunities which exist for the key vendors? 3. Which segment and region will lead the market growth and why? 4. A comprehensive analysis of competitive landscape and key market participants behavior. 5. Key strategies adopted by vendors, with in-depth analysis along with their impact on competition and market growth.
Global Yttrium Market - Industry Trends, Opportunities and Forecasts to 2023
TABLE OF CONTENTS 1. Introduction 1.1. Market Definition 1.2. Scope of the study 1.3. Currency 1.4. Assumptions 1.5. Base, and forecast year timeline 2. Research Methodology 2.1. Research Design 2.2. Secondary Sources 2.3. Validation 3. Executive Summary 4. Market Dynamics 4.1. Drivers 4.2. Restraints 4.3. Opportunities and Market Trends 4.4. Market Segmentation 4.5. Porter’s Five Forces Analysis 4.5.1. Bargaining Power of Suppliers 4.5.2. Bargaining Power of Buyers 4.5.3. Threat of New Entrants 4.5.4. Threat of Substitutes 4.5.5. Competitive Rivalry in the Industry 4.6. Industry Value Chain Analysis 4.7. Industry Regulations 4.8. Scenario Analysis 5. Yttrium Market Forecast by Product(US$ million) 5.1. Introduction 5.2. Compounds 5.3. Alloys 5.4. Metal
Global Yttrium Market - Industry Trends, Opportunities and Forecasts to 2023
6. Yttrium Market Forecast by End-User Industry (US$ million) 6.1. Introduction 6.2. Ceramics 6.3. Consumer Electronics 6.4. Manufacturing 6.5. Defense and Aerospace 6.6. Automotive 6.7. Healthcare 6.8. Others 7. Global Yttrium Market Forecast by Geography (US$ million) 7.1. Introduction 7.2. North America 7.3. South America 7.4. Europe 7.5. Middle East and Africa 7.6. Asia-Pacific 8. Competitive Intelligence 8.1. Strategies of Key Players 8.2. Recent Investment and Deals 9. Company Profile 9.1. Molycorp, Inc 9.2. Arafura Resources Limited 9.3. Cathay Advanced Materials Limited 9.4. Lynas Corporation Limited 9.5. Metall Rare Earth Limited 9.6. HEFA Rare Earth Canada Company Ltd.
Global Yttrium Market - Industry Trends, Opportunities and Forecasts to 2023
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Global Yttrium Market - Industry Trends, Opportunities and Forecasts to 2023