Market Overview:
The global erbium oxide market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for erbium oxide in special glass additives, magnetic materials, and other applications. Additionally, the growing demand for erbium oxide from developing countries is also contributing to the growth of this market. However, fluctuations in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
Erbium oxide is a material that is used to make optical fibers. These fibers are used in telecommunications and other applications because they can transmit light very well.
3N:
3N is the term used for referring to the third power of a chemical or element. For example, Hydrogen has 2 components - proton and electron. Nitrogen has 7 components - nitrogen atom, plus 6 electrons (7th electron can be seen in diamond). Carbon has 6 protons and 6 electrons (12 particles in total). The 3rd power of any given substance refers to its triply bonded molecular structure which is also known as triple bond strength or bond order.
4N:
4N is the fourth power of nuclear strength. It is used to measure the reactivity of erbium oxide. The higher the value, the more reactive or activated erbium oxide is and vice versa. 4N nuclear magnetic resonance (NMR) Er: YO3 has a high 4N value which can be used in applications such as sputtering targets for semiconductor devices manufacturing and medical imaging devices where it helps in providing contrast to tissues.
Application Insights:
The other application segment includes the use of Erbium Oxide in electronic applications, optical applications and as a catalyst support. The electronic application segment dominated the overall market with a share of over 30% in 2017. It is used as an active material for manufacturing semiconductor devices that operate at high frequencies ranging from RF to THz. The optical application segment is expected to witness significant growth over the forecast period owing to its increasing usage in fiber lasers and amplifiers for communication, defense & aerospace applications.
Magnetic materials are widely used across various end-use industries such as automotive (ferrite magnets), consumer electronics (neodymium magnets), industrial equipment & machinery (samarium Cobalt magnet) and medical equipment & machinery among others due to their superior properties including corrosion resistance, durability, flexibility.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its dominance over the forecast period owing to rapid industrialization and increasing per capita income of consumers. Rising population, coupled with growing urbanization, has led to an increase in construction activities across Asia Pacific which is further expected to drive product demand from 2018 to 2030.
China emerged as a major consumer of rare earth elements and products over the past few years due their high magnetic permeability properties that are used for manufacturing hard disk drives (HDDs), electric motors, LEDs, etc. China also exports large volumes of these minerals globally which has resulted in high prices for these minerals across various countries including U.S., Canada, Japan and India among others resulting into higher revenue share by Asia Pacific region on account of rising exports coupled with imports during 2017-18 fiscal year as stated by Ministry Of Commerce And Industry Of China (Moscic).
Growth Factors:
- Increasing demand for Erbium Oxide in the optoelectronics industry for manufacturing optical amplifiers and lasers.
- Growing application of Erbium Oxide in the medical field for diagnosis and treatment of various diseases.
- Rising demand from the telecommunications sector for deployment of optical fiber networks across different regions.
- Increasing use of Erbium Oxide in glass production to manufacture high quality glass products with low thermal expansion coefficient properties. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Erbium Oxide Market Research Report
By Type
3N, 4N, 4.5N, 5N
By Application
Special Glass Additive, Magnetic Material, Other
By Companies
China Minmetals Rare Earth, Longyi Heavy Rare-Earth, Ganzhou Rare Earth Mineral Industry, Ganzhou Qiandong Rare Earth Group, Chenguang Rare Earth
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Erbium Oxide Market Report Segments:
The global Erbium Oxide market is segmented on the basis of:
Types
3N, 4N, 4.5N, 5N
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Special Glass Additive, Magnetic Material, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- China Minmetals Rare Earth
- Longyi Heavy Rare-Earth
- Ganzhou Rare Earth Mineral Industry
- Ganzhou Qiandong Rare Earth Group
- Chenguang Rare Earth
Highlights of The Erbium Oxide Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 3N
- 4N
- 4.5N
- 5N
- By Application:
- Special Glass Additive
- Magnetic Material
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Erbium Oxide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Erbium oxide is a rare earth element that has many potential uses in technology. It can be used as a light-emitting diode (LED) material, and it is also used in lasers and optical communications.
Some of the key players operating in the erbium oxide market are China Minmetals Rare Earth, Longyi Heavy Rare-Earth, Ganzhou Rare Earth Mineral Industry, Ganzhou Qiandong Rare Earth Group, Chenguang Rare Earth.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Erbium Oxide Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Erbium Oxide Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Erbium Oxide Market - Supply Chain
4.5. Global Erbium Oxide Market Forecast
4.5.1. Erbium Oxide Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Erbium Oxide Market Size (000 Units) and Y-o-Y Growth
4.5.3. Erbium Oxide Market Absolute $ Opportunity
5. Global Erbium Oxide Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Erbium Oxide Market Size and Volume Forecast by Type
5.3.1. 3N
5.3.2. 4N
5.3.3. 4.5N
5.3.4. 5N
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Erbium Oxide Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Erbium Oxide Market Size and Volume Forecast by Application
6.3.1. Special Glass Additive
6.3.2. Magnetic Material
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Erbium Oxide Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Erbium Oxide Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Erbium Oxide Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Erbium Oxide Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Erbium Oxide Demand Share Forecast, 2019-2026
9. North America Erbium Oxide Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Erbium Oxide Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Erbium Oxide Market Size and Volume Forecast by Application
9.4.1. Special Glass Additive
9.4.2. Magnetic Material
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Erbium Oxide Market Size and Volume Forecast by Type
9.7.1. 3N
9.7.2. 4N
9.7.3. 4.5N
9.7.4. 5N
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Erbium Oxide Demand Share Forecast, 2019-2026
10. Latin America Erbium Oxide Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Erbium Oxide Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Erbium Oxide Market Size and Volume Forecast by Application
10.4.1. Special Glass Additive
10.4.2. Magnetic Material
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Erbium Oxide Market Size and Volume Forecast by Type
10.7.1. 3N
10.7.2. 4N
10.7.3. 4.5N
10.7.4. 5N
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Erbium Oxide Demand Share Forecast, 2019-2026
11. Europe Erbium Oxide Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Erbium Oxide Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Erbium Oxide Market Size and Volume Forecast by Application
11.4.1. Special Glass Additive
11.4.2. Magnetic Material
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Erbium Oxide Market Size and Volume Forecast by Type
11.7.1. 3N
11.7.2. 4N
11.7.3. 4.5N
11.7.4. 5N
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Erbium Oxide Demand Share, 2019-2026
12. Asia Pacific Erbium Oxide Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Erbium Oxide Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Erbium Oxide Market Size and Volume Forecast by Application
12.4.1. Special Glass Additive
12.4.2. Magnetic Material
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Erbium Oxide Market Size and Volume Forecast by Type
12.7.1. 3N
12.7.2. 4N
12.7.3. 4.5N
12.7.4. 5N
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Erbium Oxide Demand Share, 2019-2026
13. Middle East & Africa Erbium Oxide Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Erbium Oxide Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Erbium Oxide Market Size and Volume Forecast by Application
13.4.1. Special Glass Additive
13.4.2. Magnetic Material
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Erbium Oxide Market Size and Volume Forecast by Type
13.7.1. 3N
13.7.2. 4N
13.7.3. 4.5N
13.7.4. 5N
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Erbium Oxide Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Erbium Oxide Market: Market Share Analysis
14.2. Erbium Oxide Distributors and Customers
14.3. Erbium Oxide Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. China Minmetals Rare Earth
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Longyi Heavy Rare-Earth
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ganzhou Rare Earth Mineral Industry
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ganzhou Qiandong Rare Earth Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Chenguang Rare Earth
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook