Market Overview:
The global terbium bromide 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 terbium bromide in various applications, such as chemical industry, laboratory, and others. In terms of purity, the market is segmented into 99%, 99.9%, 99.99%, and 99.999%.
Product Definition:
Terbium Bromide is a metal bromide with the formula TbBr3. It is a white solid that is soluble in water. Terbium Bromide has many uses, including as an optical brightener, a catalyst, and an additive in glass manufacture.
Purity 99%:
Purity 99% is a term used for the highest level of purity obtainable with no more than 1% residual solvents. It is also known as total synthesis or absolutist position. Purity can be achieved by various methods such as fractional distillation, rotary evaporation, crystallization, and flash chromatography using different types of solvents such as ethanol and ethers.
Purity 99.9%:
Purity 99.9% is a type of Pharmaceutical-grade Iodide used for the preparation of Radioisotopes for medical and research purposes. It is also used as an ingredient in thyroid medication, which helps regulate the body’s metabolism by enhancing the absorption of iodine in the thyroid gland.
Iodine (I) is an element found in almost all organisms on earth.
Application Insights:
The other applications of TlBr include its use in the production of high purity bromide, as a source for the element bromine and as a catalyst in organic reactions. The chemical is widely used across different industries including oil & gas, pulp & paper, refineries and others on account of its properties such as high corrosion resistance and excellent thermal stability.
The major application areas where terbium bromide is utilized are chemical industry, laboratory research and others. In the chemical industry, it is used to produce compounds that are further utilized in various end-use industries such as construction materials (paints), pharmaceuticals (antibiotics), lubricants/dyes/inks etcetera. In addition to this application segment globally significant consumption occurs from the production of industrial chemicals which includes pesticides among other niche applications like fire extinguishing agents or even for cleaning glass bottles for mineral water distribution among many more niche markets worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from chemical, laboratory, and other applications. China is one of the largest producers as well as consumers of terbium bromide globally. It also accounts for a significant share in total global consumption owing to rapid industrialization coupled with increasing investments in R&D activities by domestic companies and foreign players operating within China’s borders.
North America accounted for a significant share due to growing use across several end-use industries such as semiconductors, LEDs lighting, solar energy equipment manufacturing etc.
Growth Factors:
- Increasing demand for Terbium Bromide in the optoelectronics industry for manufacturing LEDs and lasers.
- Rising demand from the automotive industry for use in headlamps, taillights, and brake lights.
- Growing application of Terbium Bromide in medical imaging and diagnostics due to its superior properties such as brightness, stability, and low toxicity.
- Increasing use of Terbium Bromide as a dopant material in optical fiber amplifiers to improve transmission speed and distance over optical networks .
Scope Of The Report
Report Attributes
Report Details
Report Title
Terbium Bromide Market Research Report
By Type
Purity 99%, Purity 99.9%, Purity 99.99%, Purity 99.999%
By Application
Chemical Industry, Laboratory, Others
By Companies
American Elements, Alfa Aesar, Ereztech, Chemdyes Corporation, ProChem
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Terbium Bromide Market Report Segments:
The global Terbium Bromide market is segmented on the basis of:
Types
Purity 99%, Purity 99.9%, Purity 99.99%, Purity 99.999%
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
Chemical Industry, Laboratory, 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:
- American Elements
- Alfa Aesar
- Ereztech
- Chemdyes Corporation
- ProChem
Highlights of The Terbium Bromide 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:
- Purity 99%
- Purity 99.9%
- Purity 99.99%
- Purity 99.999%
- By Application:
- Chemical Industry
- Laboratory
- 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 Terbium Bromide 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?
Terbium bromide is a white, crystalline solid that is used in the production of lasers and other optical devices. It is also used as an agent in nuclear reactors to control the fission process.
Some of the major companies in the terbium bromide market are American Elements, Alfa Aesar, Ereztech, Chemdyes Corporation, ProChem.
The terbium bromide 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 Terbium Bromide 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 Terbium Bromide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Terbium Bromide 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 Terbium Bromide 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 Terbium Bromide Market Size & Forecast, 2018-2028
4.5.1 Terbium Bromide Market Size and Y-o-Y Growth
4.5.2 Terbium Bromide Market Absolute $ Opportunity
Chapter 5 Global Terbium Bromide 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 Terbium Bromide Market Size Forecast by Type
5.2.1 Purity 99%
5.2.2 Purity 99.9%
5.2.3 Purity 99.99%
5.2.4 Purity 99.999%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Terbium Bromide 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 Terbium Bromide Market Size Forecast by Applications
6.2.1 Chemical Industry
6.2.2 Laboratory
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Terbium Bromide 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 Terbium Bromide 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 Terbium Bromide Analysis and Forecast
9.1 Introduction
9.2 North America Terbium Bromide 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 Terbium Bromide Market Size Forecast by Type
9.6.1 Purity 99%
9.6.2 Purity 99.9%
9.6.3 Purity 99.99%
9.6.4 Purity 99.999%
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 Terbium Bromide Market Size Forecast by Applications
9.10.1 Chemical Industry
9.10.2 Laboratory
9.10.3 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 Terbium Bromide Analysis and Forecast
10.1 Introduction
10.2 Europe Terbium Bromide 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 Terbium Bromide Market Size Forecast by Type
10.6.1 Purity 99%
10.6.2 Purity 99.9%
10.6.3 Purity 99.99%
10.6.4 Purity 99.999%
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 Terbium Bromide Market Size Forecast by Applications
10.10.1 Chemical Industry
10.10.2 Laboratory
10.10.3 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 Terbium Bromide Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Terbium Bromide 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 Terbium Bromide Market Size Forecast by Type
11.6.1 Purity 99%
11.6.2 Purity 99.9%
11.6.3 Purity 99.99%
11.6.4 Purity 99.999%
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 Terbium Bromide Market Size Forecast by Applications
11.10.1 Chemical Industry
11.10.2 Laboratory
11.10.3 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 Terbium Bromide Analysis and Forecast
12.1 Introduction
12.2 Latin America Terbium Bromide 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 Terbium Bromide Market Size Forecast by Type
12.6.1 Purity 99%
12.6.2 Purity 99.9%
12.6.3 Purity 99.99%
12.6.4 Purity 99.999%
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 Terbium Bromide Market Size Forecast by Applications
12.10.1 Chemical Industry
12.10.2 Laboratory
12.10.3 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) Terbium Bromide Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Terbium Bromide 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) Terbium Bromide Market Size Forecast by Type
13.6.1 Purity 99%
13.6.2 Purity 99.9%
13.6.3 Purity 99.99%
13.6.4 Purity 99.999%
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) Terbium Bromide Market Size Forecast by Applications
13.10.1 Chemical Industry
13.10.2 Laboratory
13.10.3 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 Terbium Bromide Market: Competitive Dashboard
14.2 Global Terbium Bromide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 American Elements
14.3.2 Alfa Aesar
14.3.3 Ereztech
14.3.4 Chemdyes Corporation
14.3.5 ProChem
