Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Europium Market by Type (Eu(II), Eu(III)), By Application (Catalysts , Metal Alloys , Glass Polishing , Permanent Magnets , Glass Additives , Ceramics , Phosphors , Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Europium Market by Type (Eu(II), Eu(III)), By Application (Catalysts , Metal Alloys , Glass Polishing , Permanent Magnets , Glass Additives , Ceramics , Phosphors , Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 190086 3300 Chemical & Material 377 239 Pages 4.8 (37)
                                          

Market Overview:


The global europium market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for europium in various applications, such as catalysts, metal alloys, glass polishing, permanent magnets, glass additives, ceramics and phosphors. Asia Pacific is the fastest-growing region for the global europium market and is expected to grow at a CAGR of 7.4% from 2018 to 2030.


Global Europium Industry Outlook


Product Definition:


Europium is a rare earth metal that is used to make phosphors, which are substances that emit light when they are exposed to radiation. Europium is also used in the production of lasers and other optical devices.


Eu(II):


Eu(II) is a chemical compound of europium and oxygen. It has a bright yellow color which is highly soluble in water (2 g/L). Eu(II) can be prepared by the reaction of euxylene with sulfuric acid or by the reduction of trisodium phosphate esterification. Eu(II) has been used as an additive for plastic products, rubber, paints & coatings, printing inks, and ceramics.


Eu(III):


Eu(III) is a chemical compound of element europium and is a rare earth metal. It has the formula Eu3+. It is solid at room temperature but becomes liquid under exposure to light, which makes it suitable for use in solar cells. The most commonly used source for Eu(III) production involves the fusion reaction between lithium and uranium (LiU), which produces U3O8 along with an additional amount of energy from nuclear fission.


Application Insights:


The permanent magnets segment is projected to witness significant growth over the forecast period owing to increasing demand in applications such as electric motors, hard disk drives, and generators. The industry has witnessed a rise in demand for Eu-based permanent magnets due to their high performance and unique properties. These properties include anisotropic magnetization and coercivity which are exhibited by these materials under different temperatures. An increase in production of consumer electronics has also positively influenced the growth of this application segment.


         Electronics was one of the largest application segments accounting for over 30% of global market volume in 2017 on account of rising consumption polycrystalline ferroalloys containing Eu as a strengthening agent along with iron.


Regional Analysis:


The market in Europe is anticipated to be the second-largest globally, accounting for over 30% of the global revenue share in 2016. The region is expected to witness a moderate growth rate over the forecast period owing to stringent government regulations regarding Europium mining and processing that are intended for environmental protection. In addition, high demand from end-use industries such as electronics and lighting has also contributed significantly towards regional market growth.


Asia Pacific was estimated as the largest consumer with a volume-based share of nearly 60% in 2016 owing to rapid industrialization coupled with increasing population and living standards across emerging economies including China, India, Indonesia & Malaysia have been fueling product demand across various applications such as catalysts metal alloys glass polishing permanent magnets glass additives  ceramics  phosphors & others).


Growth Factors:


  • Increasing demand for europium from the fluorescent lighting and television industries as they move towards more energy-efficient products.
  • Europium's use in red phosphors is expected to see significant growth due to the increasing demand for color televisions and other display devices.
  • The increasing popularity of LED lighting is also expected to spur demand for europium, as this technology requires phosphors that emit red light.
  • Growing awareness of the benefits of using europium in medical applications is likely to result in increased demand from this sector over the next few years.

Scope Of The Report

Report Attributes

Report Details

Report Title

Europium Market Research Report

By Type

Eu(II), Eu(III)

By Application

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

By Companies

Avalon Advanced Materials, Rare Element Resources, Canada Rare Earth Corporation, Lynas Corporation, China Minmetals Corporation, Neo Performance Materials, Indian Rare Earth, Arafura Resources, ACI Alloys, All-Chemie, American Elements, Hastings Technology Metals

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

239

Number of Tables & Figures

168

Customization Available

Yes, the report can be customized as per your need.


Global Europium Market Report Segments:

The global Europium market is segmented on the basis of:

Types

Eu(II), Eu(III)

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

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

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:

  1. Avalon Advanced Materials
  2. Rare Element Resources
  3. Canada Rare Earth Corporation
  4. Lynas Corporation
  5. China Minmetals Corporation
  6. Neo Performance Materials
  7. Indian Rare Earth
  8. Arafura Resources
  9. ACI Alloys
  10. All-Chemie
  11. American Elements
  12. Hastings Technology Metals

Global Europium Market Overview


Highlights of The Europium Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Eu(II)
    2. Eu(III)
  1. By Application:

    1. Catalysts 
    2. Metal Alloys 
    3. Glass Polishing 
    4. Permanent Magnets 
    5. Glass Additives 
    6. Ceramics 
    7. Phosphors 
    8. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Europium 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

Global Europium Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Europium is a rare earth element that has the symbol Eu and the atomic number 57. It is found in many minerals, including monazite, bastnaesite, and xenotime. Europium is used in lasers and optical components because of its ability to emit light with a very specific wavelength.

Some of the major players in the europium market are Avalon Advanced Materials, Rare Element Resources, Canada Rare Earth Corporation, Lynas Corporation, China Minmetals Corporation, Neo Performance Materials, Indian Rare Earth, Arafura Resources, ACI Alloys, All-Chemie, American Elements, Hastings Technology Metals.

The europium market is expected to grow at a compound annual growth rate of 6.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Europium 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. Europium Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Europium Market - Supply Chain
   4.5. Global Europium Market Forecast
      4.5.1. Europium Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Europium Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Europium Market Absolute $ Opportunity

5. Global Europium 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. Europium Market Size and Volume Forecast by Type
      5.3.1. Eu(II)
      5.3.2. Eu(III)
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Europium 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. Europium Market Size and Volume Forecast by Application
      6.3.1. Catalysts 
      6.3.2. Metal Alloys 
      6.3.3. Glass Polishing 
      6.3.4. Permanent Magnets 
      6.3.5. Glass Additives 
      6.3.6. Ceramics 
      6.3.7. Phosphors 
      6.3.8. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Europium 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. Europium 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 Europium 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. Europium 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 Europium Demand Share Forecast, 2019-2026

9. North America Europium 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 Europium 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 Europium Market Size and Volume Forecast by Application
      9.4.1. Catalysts 
      9.4.2. Metal Alloys 
      9.4.3. Glass Polishing 
      9.4.4. Permanent Magnets 
      9.4.5. Glass Additives 
      9.4.6. Ceramics 
      9.4.7. Phosphors 
      9.4.8. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Europium Market Size and Volume Forecast by Type
      9.7.1. Eu(II)
      9.7.2. Eu(III)
   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 Europium Demand Share Forecast, 2019-2026

10. Latin America Europium 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 Europium 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 Europium Market Size and Volume Forecast by Application
      10.4.1. Catalysts 
      10.4.2. Metal Alloys 
      10.4.3. Glass Polishing 
      10.4.4. Permanent Magnets 
      10.4.5. Glass Additives 
      10.4.6. Ceramics 
      10.4.7. Phosphors 
      10.4.8. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Europium Market Size and Volume Forecast by Type
      10.7.1. Eu(II)
      10.7.2. Eu(III)
   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 Europium Demand Share Forecast, 2019-2026

11. Europe Europium 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 Europium 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 Europium Market Size and Volume Forecast by Application
      11.4.1. Catalysts 
      11.4.2. Metal Alloys 
      11.4.3. Glass Polishing 
      11.4.4. Permanent Magnets 
      11.4.5. Glass Additives 
      11.4.6. Ceramics 
      11.4.7. Phosphors 
      11.4.8. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Europium Market Size and Volume Forecast by Type
      11.7.1. Eu(II)
      11.7.2. Eu(III)
   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 Europium Demand Share, 2019-2026

12. Asia Pacific Europium 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 Europium 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 Europium Market Size and Volume Forecast by Application
      12.4.1. Catalysts 
      12.4.2. Metal Alloys 
      12.4.3. Glass Polishing 
      12.4.4. Permanent Magnets 
      12.4.5. Glass Additives 
      12.4.6. Ceramics 
      12.4.7. Phosphors 
      12.4.8. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Europium Market Size and Volume Forecast by Type
      12.7.1. Eu(II)
      12.7.2. Eu(III)
   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 Europium Demand Share, 2019-2026

13. Middle East & Africa Europium 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 Europium 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 Europium Market Size and Volume Forecast by Application
      13.4.1. Catalysts 
      13.4.2. Metal Alloys 
      13.4.3. Glass Polishing 
      13.4.4. Permanent Magnets 
      13.4.5. Glass Additives 
      13.4.6. Ceramics 
      13.4.7. Phosphors 
      13.4.8. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Europium Market Size and Volume Forecast by Type
      13.7.1. Eu(II)
      13.7.2. Eu(III)
   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 Europium Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Europium Market: Market Share Analysis
   14.2. Europium Distributors and Customers
   14.3. Europium Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Avalon Advanced Materials
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Rare Element Resources
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Canada Rare Earth Corporation
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Lynas Corporation
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. China Minmetals Corporation
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Neo Performance Materials
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Indian Rare Earth
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Arafura Resources
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. ACI Alloys
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. All-Chemie
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. American Elements
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Hastings Technology Metals
         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

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