Market Overview:
The global lanthanum nickel cobaltite (LNC) market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The other type segment is projected to be the fastest growing segment in the global lanthanum nickel cobaltite (LNC) market, by type, during the forecast period. Asia Pacific is estimated to be the fastest growing region in terms of revenue growth, followed by Europe and North America respectively.
 Industry Outlook.svg)
Product Definition:
Lanthanum nickel cobaltite (LNC) is a rare earth mineral with the formula LaNiCo2O4. It is a black to dark greenish-gray solid that occurs as an orthorhombic crystal system. LNC has a Mohs hardness of 6 and a specific gravity of 4.8.
99.5% Purity:
99.5% purity is a very high level of purity which can be achieved with 99.5% confidence level using gas chromatography-mass spectrometry (GCMS) method according to IPC/ISO 8573:2017, pure and concentrated hydrochloric acid (HCL).
Other:
Other is a generic name for all the rare earth metals other than lanthanum and nickel. The most common ones are cerium, praseodymium, neodymium, etc. There are 23 different metals in this category and they have similar properties such as high corrosion resistance but very different prices depending on their sizes.
Application Insights:
The other application segment accounted for the largest share of more than 50.0% in 2017 and is expected to witness significant growth over the forecast period. The rising demand for lithium-ion batteries from various applications such as electric vehicles, consumer electronics and portable power tools is anticipated to drive the product demand in this application segment over the forecast period.
The market has witnessed a surge in SOFC project development across China, India and South Korea owing to growing investments by government agencies along with private companies. For example, Henan Yuguang Gold & Lead Co.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period owing to rising demand for LNC from various end-use industries, such as automotive and aerospace. In addition, increasing government spending on infrastructure development is likely to drive product demand in electric vehicles and smart phones over the coming years.
The European market was valued at USD X billion in 2017 and is expected to grow at a significant rate during the forecast period due to growing product use across several key applications including solid oxide fuel cell (SOFC) power generation systems, other ancillary components of batteries used for energy storage applications, etc.
Growth Factors:
- Increasing demand from the battery and automotive industries: The increasing demand for electric vehicles and batteries is expected to drive the growth of the LNC market.
- Growing popularity of energy-efficient technologies: The growing popularity of energy-efficient technologies is expected to boost the demand for LNC in various applications.
- Rising investments in research and development: The rising investments in research and development are likely to propel the growth of the LNC market over the forecast period.
- Technological advancements: The technological advancements are anticipated to create new opportunities for the growth of LNC market during forecast period 2019-2025. 5) Growing awareness about benefits offered by lanthanum nickel cobaltite: Lanthanum nickel cobaltite offers various benefits such as high efficiency, low power consumption, etc., which is resulting in an increase in its adoption across different industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Lanthanum Nickel Cobaltite (LNC) Market Research Report
By Type
99.5% Purity, Other
By Application
SOFC, Other
By Companies
Kceracell, fuelcellmaterials, Lorad Chemical Corporation, Cerpotech, Kceracell
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Lanthanum Nickel Cobaltite (LNC) Market Report Segments:
The global Lanthanum Nickel Cobaltite (LNC) market is segmented on the basis of:
Types
99.5% Purity, Other
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
SOFC, 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:
- Kceracell
- fuelcellmaterials
- Lorad Chemical Corporation
- Cerpotech
- Kceracell
 Market Overview.svg)
Highlights of The Lanthanum Nickel Cobaltite (LNC) 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:
- 99.5% Purity
- Other
- By Application:
- SOFC
- 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 Lanthanum Nickel Cobaltite (LNC) 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
 Market Statistics.svg)
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?
LNC is a type of nickel-cobaltite, which is a mineral form made up of nickel and cobalt. It has a very high melting point, so it can be used in applications where high temperatures are required, such as in the aerospace industry.
Some of the major companies in the lanthanum nickel cobaltite (lnc) market are Kceracell, fuelcellmaterials, Lorad Chemical Corporation, Cerpotech, Kceracell.
The lanthanum nickel cobaltite (lnc) 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 Nickel Cobaltite (LNC) 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 Nickel Cobaltite (LNC) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lanthanum Nickel Cobaltite (LNC) 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 Nickel Cobaltite (LNC) 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 Nickel Cobaltite (LNC) Market Size & Forecast, 2018-2028
4.5.1 Lanthanum Nickel Cobaltite (LNC) Market Size and Y-o-Y Growth
4.5.2 Lanthanum Nickel Cobaltite (LNC) Market Absolute $ Opportunity
Chapter 5 Global Lanthanum Nickel Cobaltite (LNC) 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 Nickel Cobaltite (LNC) Market Size Forecast by Type
5.2.1 99.5% Purity
5.2.2 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lanthanum Nickel Cobaltite (LNC) 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 Nickel Cobaltite (LNC) Market Size Forecast by Applications
6.2.1 SOFC
6.2.2 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lanthanum Nickel Cobaltite (LNC) 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 Nickel Cobaltite (LNC) 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 Nickel Cobaltite (LNC) Analysis and Forecast
9.1 Introduction
9.2 North America Lanthanum Nickel Cobaltite (LNC) 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 Nickel Cobaltite (LNC) Market Size Forecast by Type
9.6.1 99.5% Purity
9.6.2 Other
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 Nickel Cobaltite (LNC) Market Size Forecast by Applications
9.10.1 SOFC
9.10.2 Other
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 Nickel Cobaltite (LNC) Analysis and Forecast
10.1 Introduction
10.2 Europe Lanthanum Nickel Cobaltite (LNC) 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 Nickel Cobaltite (LNC) Market Size Forecast by Type
10.6.1 99.5% Purity
10.6.2 Other
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 Nickel Cobaltite (LNC) Market Size Forecast by Applications
10.10.1 SOFC
10.10.2 Other
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 Nickel Cobaltite (LNC) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lanthanum Nickel Cobaltite (LNC) 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 Nickel Cobaltite (LNC) Market Size Forecast by Type
11.6.1 99.5% Purity
11.6.2 Other
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 Nickel Cobaltite (LNC) Market Size Forecast by Applications
11.10.1 SOFC
11.10.2 Other
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 Nickel Cobaltite (LNC) Analysis and Forecast
12.1 Introduction
12.2 Latin America Lanthanum Nickel Cobaltite (LNC) 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 Nickel Cobaltite (LNC) Market Size Forecast by Type
12.6.1 99.5% Purity
12.6.2 Other
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 Nickel Cobaltite (LNC) Market Size Forecast by Applications
12.10.1 SOFC
12.10.2 Other
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 Nickel Cobaltite (LNC) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lanthanum Nickel Cobaltite (LNC) 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 Nickel Cobaltite (LNC) Market Size Forecast by Type
13.6.1 99.5% Purity
13.6.2 Other
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 Nickel Cobaltite (LNC) Market Size Forecast by Applications
13.10.1 SOFC
13.10.2 Other
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 Nickel Cobaltite (LNC) Market: Competitive Dashboard
14.2 Global Lanthanum Nickel Cobaltite (LNC) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kceracell
14.3.2 fuelcellmaterials
14.3.3 Lorad Chemical Corporation
14.3.4 Cerpotech
14.3.5 Kceracell
