Europium Market by Application and End User- Global Industry Analysis and Forecast to 2023

2018-05-30 / 3800.00 / Electronics / 100 Pages

Description

Industry Outlook and Trend Analysis

The Europium Market was worth USD 0.19 billion in the year 2014 and is expected to reach approximately USD 0.28 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.330% during the forecast period. The developing usage of the europium metal, compounds, and oxides for the production of phosphors that is used in customer electronics is anticipated to go about as a key driver pushing the development over the conjecture time frame. The quickly developing customer electronics industry across the globe, due to variables like technological advancements, improved internet connectivity, and expanding expenditure of consumers on premium gadgets, is anticipated to boost the general business development. Moreover, the expanding infiltration in various applications, including glass additives, metal alloys, catalysts, permanent magnets, and ceramics, is foreseen to have positive effects on the demand of the product throughout the following years. Europium is one of the rarest components on Earth, to a great extent found in oxide form. It is derived alongside other uncommon earth components from bastnasite and monazite metals. It is then isolated and refined. Europium metal and oxides, alongside other uncommon earth components, are useful for the generation of various alloys, phosphors, compounds, and additives. The organizations in the business take part in manufacturing, exploration, mining, development, refining, and dispersion of the component and related products.



Application Outlook and Trend Analysis

In 2016, Phosphors represented the biggest share of the business incomes, accounting to almost 29 Percent among all applications, and is foreseen to witness noteworthy development over the figured time frame. The expanding usage of the product for the production of blue and red phosphors, broadly used as a part of all smart phones, televisions, and flat displays, is anticipated to boost the demand of the product over the conjecture time frame. Catalysts and permanent magnets applications sections are likewise anticipated that would witness quick development attributable to expanding applications in automotiveand semiconductors. The powerful development in the previously mentioned end-use verticals is anticipated to boost development in the above application fragments. The lasting magnet fragment is slated to develop at a significant pace on the basis of revenue, amid the forecast period. The business players consistently take part in research and development keeping in mind the end goal to recognize and grow the application extent of the product. The product is used alongside yttrium, terbium, and other uncommon metals, for far reaching applications in the automotive, life sciences, energy, and material science businesses. The continuous extensive research is foreseen to open new roads for the product in a few applications amid the gauge time frame.

End User Outlook and Trend Analysis

The consumer electronics section represented the biggest share in terms of revenue, esteemed at USD 62.4 million in 2016. The section is foreseen to develop at a considerable pace over the estimate years. The rapid development of the electronics business worldwide is slated to drive the product development over the conjecture time frame. The fast development of the consumer electronics industry can be essentially credited to the expanding volume offers of 4K televisions, wearables, and smart phones, particularly in rising economies in the Asia Pacific locale, including South Korea, India, China, and Thailand. Europium is broadly used for anti-counterfeiting measures in software, electronic devices, currency, and consumer goods attributable to the luminesce property it has. Governments over the globe are starting to contribute a lot of capital for the advancement of anti-counterfeit products & services, to shield the shoppers from false currency and goods locally and universally. This phenomenon is anticipated to profit the product request over the figure time frame.

Regional Outlook and Trend Analysis

Asia Pacific ruled the worldwide europium industry on the basis of income and volume, as China exclusively delivers more than 86 percent of the aggregate worldwide output. Also, expanding usage of the product in significant end-use enterprises is foreseen to boost the demand of the product over the coming years. The quickly developing consumer electronics area in rising economies, for example, Thailand, Vietnam, Indonesia, India, and China, is foreseen to boost the demand of the product in the district in the coming few years. In 2016, China ruled the worldwide business, esteemed at USD 148.4 million, and is foreseen to encounter huge development amid the following years. Starting at 2016, China works as a monopolist, with most significantly demonstrated stores and most astounding generation. The developing residential interest for the product in automotive, consumer electronics, energy and semiconductor markets is anticipated to drive market development. The North America portion is anticipated to encounter moderate development by virtue of the current back off in the rare earths industry. Furthermore, the United States is a net merchant of the component and related items inferable from the lack of creation and high market costs in the area. Over the estimate time frame, the locale is probably going to witness relentless development because of developing generation in Canada.

Competitive Insights

The leading players in the market are Rare Earth Metals Inc, Lynas, Avalon Rare Metals, China Minmetals and Baogang Group. The market members have high volume assets and resources, and work with high creation capacities. The mining organizations coordinate with organizations that offer distribution, distribution, and separation administrations. Besides, the key players consistently put resources into investigate and advancement to expand the application scope in significant end-use verticals.

The Europium Market is segmented as follows-

By Application:


Catalysts
Phosphors
Metal Alloys
Permanent Magnets
Glass Polishing
Ceramics
Glass Additives
Others


By End user


Consumer Electronics
Semiconductors
Healthcare
Metallurgy
Lighting
Automotive
Nuclear Labs
Anti-counterfeiting
Others


By Region


North America



U.S
Canada
Mexico



Europe



Germany
France
UK
Italy
Spain
Rest of Europe



Asia-Pacific



Japan
China
Australia
India
South Korea
Rest of Asia Pacific



Rest of the World



Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others


Some of the key questions answered by the report are:


What was the market size in 2014 and forecast from 2015 to 2022`
What will be the industry market growth from 2013 to 2022`
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast`
What are the major segments leading the market growth and why`
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition`

Table of Content

Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Growth in End-Use Verticals
3.2.1.2. Growing Consumer Electronics Industry
3.2.2. Restraints
3.2.2.1. Fluctuating Global Supply
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Europium Market, By Application
4.1. Introduction
4.2. Europium Market Assessment and Forecast, By Application, 2014-2023
4.3. Permanent Magnets
4.3.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.4. Catalysts
4.4.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.5. Glass Polishing
4.5.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.6. Phosphors
4.6.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.7. Ceramics
4.7.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.8. Metal Alloys
4.8.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.9. Glass Additives
4.9.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.10. Other Applications
4.10.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5. Europium Market, By End User
5.1. Introduction
5.2. The Europium Market Assessment and Forecast, By End User, 2014-2023
5.3. Consumer Electronics
5.3.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.4. Lighting
5.4.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.5. Semiconductors
5.5.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.6. Automotive
5.6.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.7. Healthcare
5.7.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.8. Nuclear Labs
5.8.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.9. Metallurgy
5.9.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.10. Anti-counterfeiting
5.10.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.11. Other End Users
5.11.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
6. Europium Market, By Region
6.1. Introduction
6.2. Europium Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.3. Europium Market Assessment and Forecast, By End User , 2014-2023 ($Million)
6.4. North America
6.4.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
6.4.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.4.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.4.4. U.S.
6.4.4.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.4.4.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.4.5. Canada
6.4.5.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.4.5.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.4.6. Mexico
6.4.6.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.4.6.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.5. Europe
6.5.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
6.5.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.5.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.5.4. Germany
6.5.4.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.5.4.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.5.5. France
6.5.5.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.5.5.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.5.6. UK
6.5.6.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.5.6.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.5.7. Italy
6.5.7.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.5.7.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.5.8. Spain
6.5.8.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.5.8.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.5.9. Rest of Europe
6.5.9.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.5.9.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.6. Asia-Pacific
6.6.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
6.6.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.6.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.6.4. Japan
6.6.4.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.6.4.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.6.5. China
6.6.5.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.6.5.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.6.6. Australia
6.6.6.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.6.6.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.6.7. India
6.6.7.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.6.7.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.6.8. South Korea
6.6.8.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.6.8.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.6.9. Rest of Asia-Pacific
6.6.9.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.6.9.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.7. Rest of the World
6.7.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
6.7.2. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.7.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.7.4. Brazil
6.7.4.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.7.4.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.7.5. Turkey
6.7.5.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.7.5.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.7.6. Saudi Arabia
6.7.6.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.7.6.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.7.7. South Africa
6.7.7.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.7.7.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.7.8. United Arab Emirates
6.7.8.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.7.8.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
6.7.9. Others
6.7.9.1. Market Assessment and Forecast, By Application, 2014-2023 ($Million)
6.7.9.2. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7. Company Profiles
7.1. Avalon Advanced Materials Inc.
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Key Financials
7.1.4. Strategic Developments
7.2. Rare Element Resources Ltd.
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Key Financials
7.2.4. Strategic Developments
7.3. Canada Rare Earth Corporation
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Key Financials
7.3.4. Strategic Developments
7.4. Lynas Corporation Ltd.
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Key Financials
7.4.4. Strategic Developments
7.5. China Minmetals Corporation
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.6. Neo Performance Materials
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.7. Indian Rare Earth Ltd.
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.8. Arafura Resources Ltd.
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.9. ACI Alloys Inc.
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Strategic Developments
7.10. All-Chemie Ltd.
7.10.1. Business Overview
7.10.2. Product Portfolio
7.10.3. Strategic Developments
7.11. American Elements
7.11.1. Business Overview
7.11.2. Product Portfolio
7.11.3. Strategic Developments
7.12. Hastings Technology Metals Ltd
7.12.1. Business Overview
7.12.2. Product Portfolio
7.12.3. Key Financials
7.12.4. Strategic Developments


Table of Figures

Table 1.Global Europium Market, By Application, 2014-2023 ($Million)
Table 2.Permanent Magnets Market, By Region, 2014-2023 ($Million)
Table 3.Catalysts Market, By Region, 2014-2023 ($Million)
Table 4.Glass Polishing Market, By Region, 2014-2023 ($Million)
Table 5.Phosphors Market, By Region, 2014-2023 ($Million)
Table 6.Ceramics Market, By Region, 2014-2023 ($Million)
Table 7.Metal Alloys Market, By Region, 2014-2023 ($Million)
Table 8.Glass Additives Market, By Region, 2014-2023 ($Million)
Table 9.Other Applications Market, By Region, 2014-2023 ($Million)
Table 10.Europium Market, By End User, 2014-2023 ($Million)
Table 11.Consumer Electronics Market, By Region, 2014-2023 ($Million)
Table 12.Lighting Market, By Region, 2014-2023 ($Million)
Table 13.Semiconductors Market, By Region, 2014-2023 ($Million)
Table 14.Automotive Market, By Region, 2014-2023 ($Million)
Table 15.Healthcare Market, By Region, 2014-2023 ($Million)
Table 16.Nuclear Labs Market, By Region, 2014-2023 ($Million)
Table 17.Metallurgy Market, By Region, 2014-2023 ($Million)
Table 18.Anti-counterfeiting Market, By Region, 2014-2023 ($Million)
Table 19.Other End Users Market, By Region, 2014-2023 ($Million)
Table 20.North America Europium Market, By Country, 2014-2023 ($Million)
Table 21.North America Europium Market, By Application, 2014-2023 ($Million)
Table 22.North America Europium Market, By End User, 2014-2023 ($Million)
Table 23.U.S. Europium Market, By Application, 2014-2023 ($Million)
Table 24.U.S. Europium Market, By End User, 2014-2023 ($Million)
Table 25.Canada Europium Market, By Application, 2014-2023 ($Million)
Table 26.Canada Europium Market, By End User, 2014-2023 ($Million)
Table 27.Mexico Europium Market, By Application, 2014-2023 ($Million)
Table 28.Mexico Europium Market, By End User, 2014-2023 ($Million)
Table 29.Europe Europium Market, By Country, 2014-2023 ($Million)
Table 30.Europe Europium Market, By Application, 2014-2023 ($Million)
Table 31.Europe Europium Market, By End User, 2014-2023 ($Million)
Table 32.Germany Europium Market, By Application, 2014-2023 ($Million)
Table 33.Germany Europium Market, By End User, 2014-2023 ($Million)
Table 34.France Europium Market, By Application, 2014-2023 ($Million)
Table 35.France Europium Market, By End User, 2014-2023 ($Million)
Table 36.UK Europium Market, By Application, 2014-2023 ($Million)
Table 37.UK Europium Market, By End User, 2014-2023 ($Million)
Table 38.Italy Europium Market, By Application, 2014-2023 ($Million)
Table 39.Italy Europium Market, By End User, 2014-2023 ($Million)
Table 40.Spain Europium Market, By Application, 2014-2023 ($Million)
Table 41.Spain Europium Market, By End User, 2014-2023 ($Million)
Table 42.Rest of Europe Europium Market, By Application, 2014-2023 ($Million)
Table 43.Rest of Europe Europium Market, By End User, 2014-2023 ($Million)
Table 44.Asia-Pacific Europium Market, By Country, 2014-2023 ($Million)
Table 45.Asia-Pacific Europium Market, By Application, 2014-2023 ($Million)
Table 46.Asia-Pacific Europium Market, By End User, 2014-2023 ($Million)
Table 47.Japan Europium Market, By Application, 2014-2023 ($Million)
Table 48.Japan Europium Market, By End User, 2014-2023 ($Million)
Table 49.China Europium Market, By Application, 2014-2023 ($Million)
Table 50.China Europium Market, By End User, 2014-2023 ($Million)
Table 51.Australia Europium Market, By Application, 2014-2023 ($Million)
Table 52.Australia Europium Market, By End User, 2014-2023 ($Million)
Table 53.India Europium Market, By Application, 2014-2023 ($Million)
Table 54.India Europium Market, By End User, 2014-2023 ($Million)
Table 55.South Korea Europium Market, By Application, 2014-2023 ($Million)
Table 56.South Korea Europium Market, By End User, 2014-2023 ($Million)
Table 57.Rest of Asia-Pacific Europium Market, By Application, 2014-2023 ($Million)
Table 58.Rest of Asia-Pacific Europium Market, By End User, 2014-2023 ($Million)
Table 59.Rest of the World Europium Market, By Country, 2014-2023 ($Million)
Table 60.Rest of the World Europium Market, By Application, 2014-2023 ($Million)
Table 61.Rest of the World Europium Market, By End User, 2014-2023 ($Million)
Table 62.Brazil Europium Market, By Application, 2014-2023 ($Million)
Table 63.Brazil Europium Market, By End User, 2014-2023 ($Million)
Table 64.Turkey Europium Market, By Application, 2014-2023 ($Million)
Table 65.Turkey Europium Market, By End User, 2014-2023 ($Million)
Table 66.Saudi Arabia Europium Market, By Application, 2014-2023 ($Million)
Table 67.Saudi Arabia Europium Market, By End User, 2014-2023 ($Million)
Table 68.South Africa Europium Market, By Application, 2014-2023 ($Million)
Table 69.South Africa Europium Market, By End User, 2014-2023 ($Million)
Table 70.United Arab Emirates Europium Market, By Application, 2014-2023 ($Million)
Table 71.United Arab Emirates Europium Market, By End User, 2014-2023 ($Million)
Table 72.Others Europium Market, By Application, 2014-2023 ($Million)
Table 73.Others Europium Market, By End User, 2014-2023 ($Million)
Table 74.Avalon Advanced Materials Inc.: Key Strategic Developments, 2015-2017
Table 75.Rare Element Resources Ltd.: Key Strategic Developments, 2015-2017
Table 76.Canada Rare Earth Corporation: Key Strategic Developments, 2015-2017
Table 77.Lynas Corporation Ltd.: Key Strategic Developments, 2015-2017
Table 78.China Minmetals Corporation: Key Strategic Developments, 2015-2017
Table 79.Neo Performance Materials: Key Strategic Developments, 2015-2017
Table 80.Indian Rare Earth Ltd.: Key Strategic Developments, 2015-2017
Table 81.Arafura Resources Ltd.: Key Strategic Developments, 2015-2017
Table 82.ACI Alloys Inc.: Key Strategic Developments, 2015-2017
Table 83.All-Chemie Ltd.: Key Strategic Developments, 2015-2017
Table 84.American Elements: Key Strategic Developments, 2015-2017
Table 85.Hastings Technology Metals Ltd: Key Strategic Developments, 2015-2017

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