Market Overview:
The global gadolinium market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for medical equipment and imaging agents, and rising awareness about nuclear reactors. Gadolinium acetate held the largest share of the global gadolinium market in 2017, followed by gadolinium oxide. North America held the largest share of the global gadolinium market in 2017, followed by Europe.
Product Definition:
Gadolinium is a chemical element with symbol Gd and atomic number 64. It is a silvery-white, malleable, and ductile rare earth metal. Gadolinium was first isolated from the mineral gadolinite in 1885 by French chemist Paul Emile Lecoq de Boisbaudran. Although it is classified as a rare earth metal, gadolinium is found in many minerals and its abundance on Earth is about comparable to that of lead. Metallic gadolinium has a bright silver luster and crystallizes in the hexagonal close-packed crystal structure; it tarnishes slowly in air. Gadolinium occurs naturally as two isotopes: gadolinium-157 and gadolinium-158. The latter has a longer half-life (2×1019 years) than the former (3 days), so natural Gd contains negligible amounts of 158Gd compared to 157Gd.
Gadolinium Acetate:
Gadolinium Acetate, also known as gadoxetic acid or Gd-EOB-DTPA, is an acetate salt of the contrast agent used in Magnetic Resonance Imaging (MRI). It is a white crystalline solid and has a molecular weight of 308.8. Gadolinium Acetate can be administered to patients with kidney failure; however, it may cause serious side effects such as severe headache and neck pain.
Gadolinium Acetylacetonate:
Gadolinium Acetylacetonate (GAA) is a gadolinium salt and has been used as an MRI contrast agent. It is commercially available in two forms, namely, white powder and colorless liquid with a saline solution. The product finds application in various fields such as neurology, oncology, cardiovascular diseases & cardiology procedures among others.
The product was first synthesized by Drs.
Application Insights:
The electronics segment accounted for the largest market share in 2015 and is expected to witness significant growth over the forecast period. The growing demand for smartphones, personal computers, and other electronic devices coupled with increasing population is anticipated to drive the global gadolinium market over the next seven years.
Medical equipment was another prominent application of gadolinium accounting for a revenue share of 15.1% in 2015 owing to high product usage in MRI scanners, nuclear medicine imaging systems, X-ray cameras & monitors as well as Cardiac Electrophysiology (EP) machines among others. Gadolinium based products are used extensively across medical applications due to its superior magnetic properties which enable it be used not only as a Contrast Agent but also help enhance image clarity during diagnostic procedures thus boosting industry growth across medical equipment applications over the coming years.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of major companies such as Dow, Europium, and Gadolinia in this region. The U.S.
Growth Factors:
- Increasing demand for MRI scans due to rising prevalence of chronic diseases
- Growing awareness about the benefits of early diagnosis and treatment
- Technological advancements in MRI scanners that require less time for scanning and provide high-quality images
- Rising number of cancer patients who need regular monitoring through MRI scans
- Increasing use of gadolinium-based contrast agents in interventional radiology
Scope Of The Report
Report Attributes
Report Details
Report Title
Gadolinium Market Research Report
By Type
Gadolinium Acetate, Gadolinium Acetylacetonate, Gadolinium Oxide, Gadolinium Nitrate, Gadolinium Chloride, Others
By Application
Electronics, Medical Equipment, Imaging Agents, Nuclear Reactors, Others
By Companies
Goodfellow Corporation, GFS Chemicals, All-Chemie, Pascal Technologies, Fredericksburg, VA Alfa Chemical Corpation, Molycorp, Super Conductor Materials, Inorganic Ventures, Molycorp Corporation, Goodfellow Corporation
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Gadolinium Market Report Segments:
The global Gadolinium market is segmented on the basis of:
Types
Gadolinium Acetate, Gadolinium Acetylacetonate, Gadolinium Oxide, Gadolinium Nitrate, Gadolinium Chloride, Others
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
Electronics, Medical Equipment, Imaging Agents, Nuclear Reactors, 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:
- Goodfellow Corporation
- GFS Chemicals
- All-Chemie
- Pascal Technologies
- Fredericksburg
- VA Alfa Chemical Corpation
- Molycorp
- Super Conductor Materials
- Inorganic Ventures
- Molycorp Corporation
- Goodfellow Corporation
Highlights of The Gadolinium 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:
- Gadolinium Acetate
- Gadolinium Acetylacetonate
- Gadolinium Oxide
- Gadolinium Nitrate
- Gadolinium Chloride
- Others
- By Application:
- Electronics
- Medical Equipment
- Imaging Agents
- Nuclear Reactors
- Others
- 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 Gadolinium 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?
Gadolinium is a rare earth metal that has many potential uses in industry. It is used in magnets, radiation shielding, and other technologies.
Some of the major companies in the gadolinium market are Goodfellow Corporation, GFS Chemicals, All-Chemie, Pascal Technologies, Fredericksburg, VA Alfa Chemical Corpation, Molycorp, Super Conductor Materials, Inorganic Ventures, Molycorp Corporation, Goodfellow Corporation.
The gadolinium market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gadolinium Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Gadolinium Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gadolinium Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Gadolinium Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Gadolinium Market Size & Forecast, 2020-2028
4.5.1 Gadolinium Market Size and Y-o-Y Growth
4.5.2 Gadolinium Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Gadolinium Acetate
5.2.2 Gadolinium Acetylacetonate
5.2.3 Gadolinium Oxide
5.2.4 Gadolinium Nitrate
5.2.5 Gadolinium Chloride
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronics
6.2.2 Medical Equipment
6.2.3 Imaging Agents
6.2.4 Nuclear Reactors
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gadolinium Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Gadolinium Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Gadolinium Acetate
9.6.2 Gadolinium Acetylacetonate
9.6.3 Gadolinium Oxide
9.6.4 Gadolinium Nitrate
9.6.5 Gadolinium Chloride
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronics
9.10.2 Medical Equipment
9.10.3 Imaging Agents
9.10.4 Nuclear Reactors
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Gadolinium Acetate
10.6.2 Gadolinium Acetylacetonate
10.6.3 Gadolinium Oxide
10.6.4 Gadolinium Nitrate
10.6.5 Gadolinium Chloride
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronics
10.10.2 Medical Equipment
10.10.3 Imaging Agents
10.10.4 Nuclear Reactors
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Gadolinium Acetate
11.6.2 Gadolinium Acetylacetonate
11.6.3 Gadolinium Oxide
11.6.4 Gadolinium Nitrate
11.6.5 Gadolinium Chloride
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronics
11.10.2 Medical Equipment
11.10.3 Imaging Agents
11.10.4 Nuclear Reactors
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Gadolinium Acetate
12.6.2 Gadolinium Acetylacetonate
12.6.3 Gadolinium Oxide
12.6.4 Gadolinium Nitrate
12.6.5 Gadolinium Chloride
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronics
12.10.2 Medical Equipment
12.10.3 Imaging Agents
12.10.4 Nuclear Reactors
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Gadolinium Acetate
13.6.2 Gadolinium Acetylacetonate
13.6.3 Gadolinium Oxide
13.6.4 Gadolinium Nitrate
13.6.5 Gadolinium Chloride
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronics
13.10.2 Medical Equipment
13.10.3 Imaging Agents
13.10.4 Nuclear Reactors
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Gadolinium Market: Competitive Dashboard
14.2 Global Gadolinium Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Goodfellow Corporation
14.3.2 GFS Chemicals
14.3.3 All-Chemie
14.3.4 Pascal Technologies
14.3.5 Fredericksburg
14.3.6 VA Alfa Chemical Corpation
14.3.7 Molycorp
14.3.8 Super Conductor Materials
14.3.9 Inorganic Ventures
14.3.10 Molycorp Corporation
14.3.11 Goodfellow Corporation
