Market Overview:
The global rare earth polishing liquid market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for precision optical components and semiconductors, and the rising use of LCDs in consumer electronics products.
Product Definition:
A rare earth polishing liquid is a type of solution that is used to clean and polish the surface of rare earth elements. This liquid can be used to remove any impurities or debris from the surface of these materials, which can help to improve their appearance and performance.
D50 0.08µm~0.15µm:
D50 0.08-0.15µm, also known as Lanthanum D50, is a rare earth oxide mineral with the formula La(NO3)2. It occurs in crystalline and amorphous forms and has a pale yellow color similar to that of turquoise.
D50 0.2µm:
D50 0.2µm is a type of glass filter used in the Rare Earth Polishing Liquid (REL) market to polish and clean the rare earth metal powders during their production process. It has applications in various industries such as electronics, automotive, aerospace & defense and energy sectors among others. The increasing demand for electronic products along with growing investments by governments across different nations are expected to drive product demand over the forecast period.
Application Insights:
Precision optical components was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The product has a significant demand for precision optical component manufacturing as it helps in enhancing the surface finish of these components. It also eliminates Ra-related reflections which help enhance overall performance of these components.
The rare earth polishing liquids are used extensively for manufacturing LCD panels as they have high transparency requirements and exhibit low related light transmission rates, especially when compared with conventional polishings agents such as cerium oxide or ceria-based compounds. These liquid products are also used in making semiconductors, precious stones, machine tools parts and other industrial applications where smoothness & luster is required along with high durability & strength properties of materials involved.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing region over the forecast period owing to rapid industrialization and increasing per capita income. The growth in this region can be attributed to rising rare earth mining activities in China, which has a major share of global production. In addition, growing investments by various governments for developing advanced manufacturing processes are expected to drive regional demand over the next eight years.
North America accounted for a volume share of 7% in 2017 owing to high concentration of manufacturers across U.S., who use polishing liquids for producing precision optical components and semiconductors from precious stones like zirconium dioxide (ZrO2). Europe is also projected witness significant growth due its large base of microelectronics industry that requires ultra-precision polished components on regular basis for manufacturing electronic products with low defect rates at lower costs as comparedto other regions’ products.
Growth Factors:
- Increasing demand for rare earth metals from various end-use industries
- Growing awareness about the benefits of using rare earth polishing liquid over other alternatives
- Rising investments in research and development activities for the enhancement of rare earth polishing liquid technology
- Proliferation of new applications for rare earth polishing liquid across different industries
- Increasing adoption of environmentally friendly technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Rare Earth Polishing Liquid Market Research Report
By Type
D50 0.08µm~0.15µm, D50 0.2µm, D50 0.5µm, D50 0.8µm, Others
By Application
Precious Stones, Precision Optical Components, Semiconductors, LCD, Others
By Companies
Anyang Fangyuan Abrasive Materials, AGC Group, CMC Materials, Merck KGaA, Grish Hitech, Baotou Research Institute Of Rare Earths (BRIRE)
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Rare Earth Polishing Liquid Market Report Segments:
The global Rare Earth Polishing Liquid market is segmented on the basis of:
Types
D50 0.08µm~0.15µm, D50 0.2µm, D50 0.5µm, D50 0.8µm, 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
Precious Stones, Precision Optical Components, Semiconductors, LCD, 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:
- Anyang Fangyuan Abrasive Materials
- AGC Group
- CMC Materials
- Merck KGaA
- Grish Hitech
- Baotou Research Institute Of Rare Earths (BRIRE)
Highlights of The Rare Earth Polishing Liquid 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:
- D50 0.08µm~0.15µm
- D50 0.2µm
- D50 0.5µm
- D50 0.8µm
- Others
- By Application:
- Precious Stones
- Precision Optical Components
- Semiconductors
- LCD
- 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 Rare Earth Polishing Liquid 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?
Rare Earth Polishing Liquid is a type of polish that is made from rare earth elements. It is used to clean and polish metal surfaces.
Some of the major companies in the rare earth polishing liquid market are Anyang Fangyuan Abrasive Materials, AGC Group, CMC Materials, Merck KGaA, Grish Hitech, Baotou Research Institute Of Rare Earths (BRIRE).
The rare earth polishing liquid market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rare Earth Polishing Liquid 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 Rare Earth Polishing Liquid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rare Earth Polishing Liquid 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 Rare Earth Polishing Liquid 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 Rare Earth Polishing Liquid Market Size & Forecast, 2018-2028
4.5.1 Rare Earth Polishing Liquid Market Size and Y-o-Y Growth
4.5.2 Rare Earth Polishing Liquid Market Absolute $ Opportunity
Chapter 5 Global Rare Earth Polishing Liquid 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 Rare Earth Polishing Liquid Market Size Forecast by Type
5.2.1 D50 0.08µm~0.15µm
5.2.2 D50 0.2µm
5.2.3 D50 0.5µm
5.2.4 D50 0.8µm
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Rare Earth Polishing Liquid 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 Rare Earth Polishing Liquid Market Size Forecast by Applications
6.2.1 Precious Stones
6.2.2 Precision Optical Components
6.2.3 Semiconductors
6.2.4 LCD
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rare Earth Polishing Liquid 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 Rare Earth Polishing Liquid 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 Rare Earth Polishing Liquid Analysis and Forecast
9.1 Introduction
9.2 North America Rare Earth Polishing Liquid 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 Rare Earth Polishing Liquid Market Size Forecast by Type
9.6.1 D50 0.08µm~0.15µm
9.6.2 D50 0.2µm
9.6.3 D50 0.5µm
9.6.4 D50 0.8µm
9.6.5 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 Rare Earth Polishing Liquid Market Size Forecast by Applications
9.10.1 Precious Stones
9.10.2 Precision Optical Components
9.10.3 Semiconductors
9.10.4 LCD
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 Rare Earth Polishing Liquid Analysis and Forecast
10.1 Introduction
10.2 Europe Rare Earth Polishing Liquid 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 Rare Earth Polishing Liquid Market Size Forecast by Type
10.6.1 D50 0.08µm~0.15µm
10.6.2 D50 0.2µm
10.6.3 D50 0.5µm
10.6.4 D50 0.8µm
10.6.5 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 Rare Earth Polishing Liquid Market Size Forecast by Applications
10.10.1 Precious Stones
10.10.2 Precision Optical Components
10.10.3 Semiconductors
10.10.4 LCD
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 Rare Earth Polishing Liquid Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rare Earth Polishing Liquid 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 Rare Earth Polishing Liquid Market Size Forecast by Type
11.6.1 D50 0.08µm~0.15µm
11.6.2 D50 0.2µm
11.6.3 D50 0.5µm
11.6.4 D50 0.8µm
11.6.5 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 Rare Earth Polishing Liquid Market Size Forecast by Applications
11.10.1 Precious Stones
11.10.2 Precision Optical Components
11.10.3 Semiconductors
11.10.4 LCD
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 Rare Earth Polishing Liquid Analysis and Forecast
12.1 Introduction
12.2 Latin America Rare Earth Polishing Liquid 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 Rare Earth Polishing Liquid Market Size Forecast by Type
12.6.1 D50 0.08µm~0.15µm
12.6.2 D50 0.2µm
12.6.3 D50 0.5µm
12.6.4 D50 0.8µm
12.6.5 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 Rare Earth Polishing Liquid Market Size Forecast by Applications
12.10.1 Precious Stones
12.10.2 Precision Optical Components
12.10.3 Semiconductors
12.10.4 LCD
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) Rare Earth Polishing Liquid Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rare Earth Polishing Liquid 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) Rare Earth Polishing Liquid Market Size Forecast by Type
13.6.1 D50 0.08µm~0.15µm
13.6.2 D50 0.2µm
13.6.3 D50 0.5µm
13.6.4 D50 0.8µm
13.6.5 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) Rare Earth Polishing Liquid Market Size Forecast by Applications
13.10.1 Precious Stones
13.10.2 Precision Optical Components
13.10.3 Semiconductors
13.10.4 LCD
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 Rare Earth Polishing Liquid Market: Competitive Dashboard
14.2 Global Rare Earth Polishing Liquid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Anyang Fangyuan Abrasive Materials
14.3.2 AGC Group
14.3.3 CMC Materials
14.3.4 Merck KGaA
14.3.5 Grish Hitech
14.3.6 Baotou Research Institute Of Rare Earths (BRIRE)
