Market Overview:
The global lanthanum fluoride (LaF3) market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The growth in the market can be attributed to the increasing demand for lanthanum fluoride from various applications, such as electronics, semiconductor, metallurgy and glass industry. Lanthanum fluoride is also used in other industries such as medical and dental implants. North America dominates the global lanthanum fluoride market due to high demand from electronics and semiconductor industries in this region.
Product Definition:
Lanthanum fluoride is a white, odorless, crystalline powder. It is used as a flux in the manufacture of electronic and optical materials and also as an additive to enamels and glass.
Powder Type:
Powder type is a method used to produce high purity LaF3 by crystallization. It involves melting the fluoride salt with the help of hot water and stirring it until it gets fully dissolved. The solution is then allowed to cool down and get crystalized in a vacuum chamber at room temperature. This process helps in getting rid of any impurities that may be present in the initial material, thus making LaF3 with highest possible quality.
Crystal Type:
The crystal type is an essential factor in the Lanthanum fluoride (LaF3) market. It directly affects the production cost and has a significant impact on the final product quality. The LaF3 market value chain consists of raw material suppliers, manufacturers, distributors or retailers & end-users.
Application Insights:
The electronics application segment accounted for the largest share of over 30% in 2017. The product is used as a fluoride source in various electronic devices, such as TFT-LCD¢â‚¬â„¢s, field effect transistors (FET), thin-film photoresist stripper and sensor driver circuits. In addition, it is also used for the enhancement of conductivity in printed circuit boards (PCB) during manufacturing of semiconductors & microelectronics products.
The glass industry application segment is expected to witness significant growth over the forecast period owing to its rising demand from China and India where it is utilized for producing float glass with high purity levels along with enhanced mechanical strength properties.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to rising product demand from various end-use industries, such as electronics, semiconductors and metallurgy. In addition, increasing foreign investments coupled with favorable government policies are anticipated to drive the regional market over the forecast period.
The growing electronics industry in Asia Pacific has led to an increased consumption of lanthanum fluoride powder for producing electronic products including solar cells and LEDs. The presence of a large number of electronic component manufacturers including Wistron Corporation; Quanta Computer Inc.; Compal Electronics Inc.; Inventec Corporation; Foxconn Technology Group; Japan Display Inc.; LG Display Co., Ltd.; Samsung Electro-Mechanics Co., Ltd., among others is expected to further propel industry growth over the next eight years.
Growth Factors:
- Increasing demand from the optoelectronics industry for LaF3 as a laser material
- Growing demand for LaF3 in the automotive industry as a catalyst for fuel cells and emission control systems
- Rising use of LaF3 in optical fiber communication systems
- Increasing application of LaF3 in semiconductor devices
- Growing popularity of fluoride lasers
Scope Of The Report
Report Attributes
Report Details
Report Title
Lanthanum Fluoride (LaF3) Market Research Report
By Type
Powder Type, Crystal Type
By Application
Electronics, Semiconductor, Metallurgy, Glass Industry, Others
By Companies
Materion, Canada Rare Earth Corporation, ALB Materials Inc, GanZhou QianDong Rare Earths Group Co.,Ltd., Baotou Mingxin, Baotou Huachen Rare Earth Material, Materion
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Lanthanum Fluoride (LaF3) Market Report Segments:
The global Lanthanum Fluoride (LaF3) market is segmented on the basis of:
Types
Powder Type, Crystal Type
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, Semiconductor, Metallurgy, Glass Industry, 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:
- Materion
- Canada Rare Earth Corporation
- ALB Materials Inc
- GanZhou QianDong Rare Earths Group Co.,Ltd.
- Baotou Mingxin
- Baotou Huachen Rare Earth Material
- Materion
Highlights of The Lanthanum Fluoride (LaF3) 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:
- Powder Type
- Crystal Type
- By Application:
- Electronics
- Semiconductor
- Metallurgy
- Glass Industry
- 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 Lanthanum Fluoride (LaF3) 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
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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?
Lanthanum fluoride is a rare earth element with the symbol LaF3 and atomic number 57. It is a soft, silvery-white metal that tarnishes slowly when exposed to air and moisture. Lanthanum fluoride is used in various industrial applications, including glassmaking, ceramics manufacturing, and oil refining.
Some of the major players in the lanthanum fluoride (laf3) market are Materion, Canada Rare Earth Corporation, ALB Materials Inc, GanZhou QianDong Rare Earths Group Co.,Ltd., Baotou Mingxin, Baotou Huachen Rare Earth Material, Materion.
The lanthanum fluoride (laf3) market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lanthanum Fluoride (LaF3) 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 Lanthanum Fluoride (LaF3) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Lanthanum Fluoride (LaF3) 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 Lanthanum Fluoride (LaF3) 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 Lanthanum Fluoride (LaF3) Market Size & Forecast, 2018-2028 4.5.1 Lanthanum Fluoride (LaF3) Market Size and Y-o-Y Growth 4.5.2 Lanthanum Fluoride (LaF3) Market Absolute $ Opportunity
Chapter 5 Global Lanthanum Fluoride (LaF3) 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 Lanthanum Fluoride (LaF3) Market Size Forecast by Type
5.2.1 Powder Type
5.2.2 Crystal Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lanthanum Fluoride (LaF3) 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 Lanthanum Fluoride (LaF3) Market Size Forecast by Applications
6.2.1 Electronics
6.2.2 Semiconductor
6.2.3 Metallurgy
6.2.4 Glass Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lanthanum Fluoride (LaF3) 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 Lanthanum Fluoride (LaF3) 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 Lanthanum Fluoride (LaF3) Analysis and Forecast
9.1 Introduction
9.2 North America Lanthanum Fluoride (LaF3) 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 Lanthanum Fluoride (LaF3) Market Size Forecast by Type
9.6.1 Powder Type
9.6.2 Crystal Type
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 Lanthanum Fluoride (LaF3) Market Size Forecast by Applications
9.10.1 Electronics
9.10.2 Semiconductor
9.10.3 Metallurgy
9.10.4 Glass Industry
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 Lanthanum Fluoride (LaF3) Analysis and Forecast
10.1 Introduction
10.2 Europe Lanthanum Fluoride (LaF3) 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 Lanthanum Fluoride (LaF3) Market Size Forecast by Type
10.6.1 Powder Type
10.6.2 Crystal Type
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 Lanthanum Fluoride (LaF3) Market Size Forecast by Applications
10.10.1 Electronics
10.10.2 Semiconductor
10.10.3 Metallurgy
10.10.4 Glass Industry
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 Lanthanum Fluoride (LaF3) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lanthanum Fluoride (LaF3) 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 Lanthanum Fluoride (LaF3) Market Size Forecast by Type
11.6.1 Powder Type
11.6.2 Crystal Type
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 Lanthanum Fluoride (LaF3) Market Size Forecast by Applications
11.10.1 Electronics
11.10.2 Semiconductor
11.10.3 Metallurgy
11.10.4 Glass Industry
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 Lanthanum Fluoride (LaF3) Analysis and Forecast
12.1 Introduction
12.2 Latin America Lanthanum Fluoride (LaF3) 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 Lanthanum Fluoride (LaF3) Market Size Forecast by Type
12.6.1 Powder Type
12.6.2 Crystal Type
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 Lanthanum Fluoride (LaF3) Market Size Forecast by Applications
12.10.1 Electronics
12.10.2 Semiconductor
12.10.3 Metallurgy
12.10.4 Glass Industry
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) Lanthanum Fluoride (LaF3) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lanthanum Fluoride (LaF3) 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) Lanthanum Fluoride (LaF3) Market Size Forecast by Type
13.6.1 Powder Type
13.6.2 Crystal Type
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) Lanthanum Fluoride (LaF3) Market Size Forecast by Applications
13.10.1 Electronics
13.10.2 Semiconductor
13.10.3 Metallurgy
13.10.4 Glass Industry
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 Lanthanum Fluoride (LaF3) Market: Competitive Dashboard
14.2 Global Lanthanum Fluoride (LaF3) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Materion
14.3.2 Canada Rare Earth Corporation
14.3.3 ALB Materials Inc
14.3.4 GanZhou QianDong Rare Earths Group Co.,Ltd.
14.3.5 Baotou Mingxin
14.3.6 Baotou Huachen Rare Earth Material
14.3.7 Materion