Lewes, DE -- (SBWire) -- 10/15/2018 --Lutetium Oxide Market will register a 9.5% CAGR in terms of revenue, reach US$ 110 million by 2023, from US$ 61 million in 2017.
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.
Over the next five years, Study projects that Lutetium Oxide will register a 9.5% CAGR in terms of revenue, reach US$ 110 million by 2023, from US$ 61 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
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
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
3N
4N
4.5N
Others
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Glass and Ceramics
Laser Crystals
Catalyst
Alloy and Permanent Magnet Material
Optical Dopant and Phosphors
Others
Spanning over 124 pages "Forecast of Global Lutetium Oxide Players Market 2023" report covers Lutetium Oxide Market Overview, Global Lutetium Oxide Sales, Revenue (Value) and Market Share by Players, Global Lutetium Oxide Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Lutetium Oxide Sales, Revenue and Price, Europe Top 5 Players Lutetium Oxide Sales, Revenue and Price, Asia-Pacific Top 5 Players Lutetium Oxide Sales, Revenue and Price, South America Top 5 Players Lutetium Oxide Sales, Revenue and Price, Middle East & Africa Top 5 Players Lutetium Oxide Sales, Revenue and Price, Global Lutetium Oxide Players Profiles/Analysis, Global Lutetium Oxide Market Forecast (2018-2023), Lutetium Oxide Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.
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