Market Overview:
The global lanthanum market is expected to grow at a CAGR of 5.5% from 2018 to 2030. Lanthanum oxide is the most commonly used type of lanthanum and accounts for the majority of the demand in the market. The application segment for fluidic catalytic cracking (FCC) catalysts is expected to grow at the highest CAGR during the forecast period. North America dominates the global lanthanum market, followed by Europe and Asia Pacific.
Product Definition:
A rare earth metal, lanthanum is a silvery-white solid that is malleable and ductile. It has a relatively high melting point and resists corrosion in air. Lanthanum is used to make ceramics, glass, and optical lenses. It also has some applications in electronics.
Lanthanum Oxide:
Lanthanum oxide is a chemical compound of the periodic table. It has a triple bond between carbon & oxygen and has properties similar to that of titanium. Lanthanum oxide is used in applications such as ceramics, glass, construction materials, and electronics where high corrosion resistance is required.
It also acts as an intermediate material for producing various chemicals such as LaO3-xH2xBi2S3-yF yW (where x varies between 0°.
Lanthanum Chloride:
Lanthanum chloride is a chemical compound of the periodic table. It has sixlanthanide ions and is white in color. The salts consist oflithium, sodium, calcium, and magnesium among others. Lanthanumchlorideis used for producing infrared radiation-emitting diodes (IR LEDs)and high brightness orange light-emitting diodes (OLEDs).
Application Insights:
The global lanthanum market has been segmented into five applications, namely; filament glass coatings, fluidic catalytic cracking (FCC) catalysts, hydrogen storage, battery & non-battery alloys and electrical & electronics. In terms of revenue, the FCC catalyst application dominated the industry with a share of over 24% in 2017. This is attributed to increasing demand for these products from various industries such as oil & gas and chemical processing where they are used as an additive or a modifier to improve performance characteristics.
Increasing demand for advanced ceramics that exhibit enhanced mechanical properties along with low cost and easy availability is expected to drive product consumption in filtration media applications over the forecast period. The growth of this application segment can be attributed to growing ceramic ware industry across regions coupled with stringent regulations related to environmental protectionism which drives innovation in filter media manufacturing processes thereby driving product consumption during this period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as Nippon Electric Glass Co., Ltd.; Sumitomo Chemical; and others has resulted in high product consumption. China, India, Japan, South Korea, Taiwan are some of the major consumers owing to growing automotive industry across these countries.
The demand for lanthanum from battery applications is anticipated to witness significant growth due to rising demand for electric vehicles across Asia Pacific region.
Growth Factors:
- Increasing demand from the automotive and electronics industries for lanthanum-based alloys as a result of their superior properties.
- Growing demand for cerium, neodymium, and other rare earth elements (REEs) used in the production of high-tech products such as smartphones, tablets, and electric vehicles.
- Rising prices for REEs due to growing global demand outpacing supply growth. This is expected to spur increased exploration and development of new REE deposits, boosting lanthanum production over the long term.
- Technological advances that increase the use of lanthanum in new applications such as energy storage devices and solid oxide fuel cells (SOFCs).
Scope Of The Report
Report Attributes
Report Details
Report Title
Lanthanum Market Research Report
By Type
Lanthanum Oxide, Lanthanum Chloride, Lanthanum Boride, Lanthanum Acetate, Lanthanum Carbonate, Others
By Application
Filament Glass Coatings, Fluidic Catalytic Cracking (FCC) Catalysts, Hydrogen Storage, Battery & Non-battery Alloys, Electrical & Electronics, Others
By Companies
Avalon Advanced Materials, Merck KGaA, Cathay Advanced Materials, Beijing Cerametek Materials, Metall Rare Earth, Avalon Advanced Materials
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Lanthanum Market Report Segments:
The global Lanthanum market is segmented on the basis of:
Types
Lanthanum Oxide, Lanthanum Chloride, Lanthanum Boride, Lanthanum Acetate, Lanthanum Carbonate, 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
Filament Glass Coatings, Fluidic Catalytic Cracking (FCC) Catalysts, Hydrogen Storage, Battery & Non-battery Alloys, Electrical & Electronics, 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:
- Avalon Advanced Materials
- Merck KGaA
- Cathay Advanced Materials
- Beijing Cerametek Materials
- Metall Rare Earth
- Avalon Advanced Materials
Highlights of The Lanthanum 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:
- Lanthanum Oxide
- Lanthanum Chloride
- Lanthanum Boride
- Lanthanum Acetate
- Lanthanum Carbonate
- Others
- By Application:
- Filament Glass Coatings
- Fluidic Catalytic Cracking (FCC) Catalysts
- Hydrogen Storage
- Battery & Non-battery Alloys
- Electrical & Electronics
- 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 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
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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 is a rare earth element that has many industrial and technological uses. It is found in the earth's crust, and it can also be produced synthetically. Lanthanum is used in products such as solar panels, wind turbines, batteries, and medical devices.
Some of the major companies in the lanthanum market are Avalon Advanced Materials, Merck KGaA, Cathay Advanced Materials, Beijing Cerametek Materials, Metall Rare Earth, Avalon Advanced Materials.
The lanthanum 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 Lanthanum 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 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lanthanum 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 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 Market Size & Forecast, 2018-2028
4.5.1 Lanthanum Market Size and Y-o-Y Growth
4.5.2 Lanthanum Market Absolute $ Opportunity
Chapter 5 Global Lanthanum 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 Market Size Forecast by Type
5.2.1 Lanthanum Oxide
5.2.2 Lanthanum Chloride
5.2.3 Lanthanum Boride
5.2.4 Lanthanum Acetate
5.2.5 Lanthanum Carbonate
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lanthanum 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 Market Size Forecast by Applications
6.2.1 Filament Glass Coatings
6.2.2 Fluidic Catalytic Cracking (FCC) Catalysts
6.2.3 Hydrogen Storage
6.2.4 Battery & Non-battery Alloys
6.2.5 Electrical & Electronics
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lanthanum 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 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 Analysis and Forecast
9.1 Introduction
9.2 North America Lanthanum 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 Market Size Forecast by Type
9.6.1 Lanthanum Oxide
9.6.2 Lanthanum Chloride
9.6.3 Lanthanum Boride
9.6.4 Lanthanum Acetate
9.6.5 Lanthanum Carbonate
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 Lanthanum Market Size Forecast by Applications
9.10.1 Filament Glass Coatings
9.10.2 Fluidic Catalytic Cracking (FCC) Catalysts
9.10.3 Hydrogen Storage
9.10.4 Battery & Non-battery Alloys
9.10.5 Electrical & Electronics
9.10.6 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 Analysis and Forecast
10.1 Introduction
10.2 Europe Lanthanum 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 Market Size Forecast by Type
10.6.1 Lanthanum Oxide
10.6.2 Lanthanum Chloride
10.6.3 Lanthanum Boride
10.6.4 Lanthanum Acetate
10.6.5 Lanthanum Carbonate
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 Lanthanum Market Size Forecast by Applications
10.10.1 Filament Glass Coatings
10.10.2 Fluidic Catalytic Cracking (FCC) Catalysts
10.10.3 Hydrogen Storage
10.10.4 Battery & Non-battery Alloys
10.10.5 Electrical & Electronics
10.10.6 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lanthanum 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 Market Size Forecast by Type
11.6.1 Lanthanum Oxide
11.6.2 Lanthanum Chloride
11.6.3 Lanthanum Boride
11.6.4 Lanthanum Acetate
11.6.5 Lanthanum Carbonate
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 Lanthanum Market Size Forecast by Applications
11.10.1 Filament Glass Coatings
11.10.2 Fluidic Catalytic Cracking (FCC) Catalysts
11.10.3 Hydrogen Storage
11.10.4 Battery & Non-battery Alloys
11.10.5 Electrical & Electronics
11.10.6 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America Lanthanum 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 Market Size Forecast by Type
12.6.1 Lanthanum Oxide
12.6.2 Lanthanum Chloride
12.6.3 Lanthanum Boride
12.6.4 Lanthanum Acetate
12.6.5 Lanthanum Carbonate
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 Lanthanum Market Size Forecast by Applications
12.10.1 Filament Glass Coatings
12.10.2 Fluidic Catalytic Cracking (FCC) Catalysts
12.10.3 Hydrogen Storage
12.10.4 Battery & Non-battery Alloys
12.10.5 Electrical & Electronics
12.10.6 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 Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lanthanum 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 Market Size Forecast by Type
13.6.1 Lanthanum Oxide
13.6.2 Lanthanum Chloride
13.6.3 Lanthanum Boride
13.6.4 Lanthanum Acetate
13.6.5 Lanthanum Carbonate
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) Lanthanum Market Size Forecast by Applications
13.10.1 Filament Glass Coatings
13.10.2 Fluidic Catalytic Cracking (FCC) Catalysts
13.10.3 Hydrogen Storage
13.10.4 Battery & Non-battery Alloys
13.10.5 Electrical & Electronics
13.10.6 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 Market: Competitive Dashboard
14.2 Global Lanthanum Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Avalon Advanced Materials
14.3.2 Merck KGaA
14.3.3 Cathay Advanced Materials
14.3.4 Beijing Cerametek Materials
14.3.5 Metall Rare Earth
14.3.6 Avalon Advanced Materials
