Market Overview:
The global terbium carbonate market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for terbium carbonate from various applications such as pharmacy, chemical industry, laboratory, and others. In addition, the growing demand for terbium carbonate from developing countries is also contributing to the growth of this market. However, factors such as limited supply of raw materials and high price volatility are restraining the growth of this market.
Product Definition:
Terbium carbonate is a white to yellowish powder that is insoluble in water. It is used as a pigment and as an additive to glass and ceramics.
Purity 99%:
Purity 99% is a term used for terbium carbonate, which contains no other metals or chemicals. It is produced in the laboratory by evaporating pure oxygen from an ethanol solution and then capturing the vapor in a vacuum. The resulting product has very low impurities and almost no other compounds.
Purity 99.9%:
Purity 99.9% is a type of rare earth element that consists of 18 Transition metals. It has the highest melting point and boiling point among all transition metal compounds, hence it is also known as the perfect metal. Terbium (Tb) has been recognized as a vital source for achieving high purity in commercial quantities of rare earth elements and actinides; thus, it plays an important role in industrial applications such as batteries & LCDs.
Application Insights:
The other applications of terbium carbonate include in the field of electronics, optoelectronics and solar cells. The use of terbium carbonate in the chemical industry is comparatively less compared to its other applications. However, it is anticipated to witness lucrative growth over the forecast period owing to increasing demand from various industries such as pharmaceuticals and food processing which are yet to be established in emerging economies including China, India & Brazil.
Pharmacy was estimated as one of the key application areas for TDC due to high product purity required by pharmacists for preparing medicines safely and correctly which has resulted into increased Terbium Carbonate market penetration globally.
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 product demand from countries such as China, India, Japan, South Korea, and Taiwan. Rising population coupled with increasing healthcare expenditure in these countries has led to an increase in drug production which is further driving product demand.
China was one of the largest producers of terbium carbonate owing to easy availability of raw materials at a low cost along with supportive government policies for promoting domestic manufacturing capacity. In addition, growing pharmaceutical industry coupled with chemical manufacturing sector will drive regional market growth over the forecast period.
Europe accounted for a significant share due to high purity standards adopted by major end-use industries such as chemicals and pharmaceuticals that are anticipated would have a positive impact on regional market growth during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand from the optoelectronics industry for Terbium Carbonate as a dopant in fiber optic lasers and amplifiers.
- Rising demand for Terbium Carbonate from the automotive industry for use in catalytic converters and emission control systems.
- Growing demand from the medical industry for Terbium Carbonate as a contrast agent in magnetic resonance imaging (MRI) scans and other diagnostic procedures.
- Increasing use of Terbium Carbonate in green technologies such as LED lighting, solar energy, and fuel cells.
Scope Of The Report
Report Attributes
Report Details
Report Title
Terbium Carbonate Market Research Report
By Type
Purity 99%, Purity 99.9%, Purity 99.99%, Purity 99.999%
By Application
Pharmacy, Chemical Industry, Laboratory, Others
By Companies
Edgetech Industries LLC, American Elements, Alfa Aesar, Ereztech, Central Drug House, MaTecK, Chemdyes Corporation, ALB Materials Inc, Stanford Materials Corporation, ProChem, METALL RARE EARTH LIMITED, Stanford Advanced Materials, Abcr Gute Chemie
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Terbium Carbonate Market Report Segments:
The global Terbium Carbonate 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
Pharmacy, 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:
- Edgetech Industries LLC
- American Elements
- Alfa Aesar
- Ereztech
- Central Drug House
- MaTecK
- Chemdyes Corporation
- ALB Materials Inc
- Stanford Materials Corporation
- ProChem
- METALL RARE EARTH LIMITED
- Stanford Advanced Materials
- Abcr Gute Chemie
Highlights of The Terbium Carbonate 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:
- Pharmacy
- 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 Carbonate 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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- 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 carbonate is a white, crystalline solid that is used in industrial and medical applications. It is also used as a gemstone. Terbium carbonate has many uses, including in lasers and optical components.
Some of the major players in the terbium carbonate market are Edgetech Industries LLC, American Elements, Alfa Aesar, Ereztech, Central Drug House, MaTecK, Chemdyes Corporation, ALB Materials Inc, Stanford Materials Corporation, ProChem, METALL RARE EARTH LIMITED, Stanford Advanced Materials, Abcr Gute Chemie.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Terbium Carbonate 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 Carbonate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Terbium Carbonate 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 Carbonate 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 Carbonate Market Size & Forecast, 2018-2028
4.5.1 Terbium Carbonate Market Size and Y-o-Y Growth
4.5.2 Terbium Carbonate Market Absolute $ Opportunity
Chapter 5 Global Terbium Carbonate 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 Carbonate 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 Carbonate 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 Carbonate Market Size Forecast by Applications
6.2.1 Pharmacy
6.2.2 Chemical Industry
6.2.3 Laboratory
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Terbium Carbonate 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 Carbonate 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 Carbonate Analysis and Forecast
9.1 Introduction
9.2 North America Terbium Carbonate 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 Carbonate 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 Carbonate Market Size Forecast by Applications
9.10.1 Pharmacy
9.10.2 Chemical Industry
9.10.3 Laboratory
9.10.4 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 Carbonate Analysis and Forecast
10.1 Introduction
10.2 Europe Terbium Carbonate 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 Carbonate 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 Carbonate Market Size Forecast by Applications
10.10.1 Pharmacy
10.10.2 Chemical Industry
10.10.3 Laboratory
10.10.4 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 Carbonate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Terbium Carbonate 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 Carbonate 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 Carbonate Market Size Forecast by Applications
11.10.1 Pharmacy
11.10.2 Chemical Industry
11.10.3 Laboratory
11.10.4 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 Carbonate Analysis and Forecast
12.1 Introduction
12.2 Latin America Terbium Carbonate 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 Carbonate 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 Carbonate Market Size Forecast by Applications
12.10.1 Pharmacy
12.10.2 Chemical Industry
12.10.3 Laboratory
12.10.4 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 Carbonate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Terbium Carbonate 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 Carbonate 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 Carbonate Market Size Forecast by Applications
13.10.1 Pharmacy
13.10.2 Chemical Industry
13.10.3 Laboratory
13.10.4 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 Carbonate Market: Competitive Dashboard
14.2 Global Terbium Carbonate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Edgetech Industries LLC
14.3.2 American Elements
14.3.3 Alfa Aesar
14.3.4 Ereztech
14.3.5 Central Drug House
14.3.6 MaTecK
14.3.7 Chemdyes Corporation
14.3.8 ALB Materials Inc
14.3.9 Stanford Materials Corporation
14.3.10 ProChem
14.3.11 METALL RARE EARTH LIMITED
14.3.12 Stanford Advanced Materials
14.3.13 Abcr Gute Chemie
