Market Overview:
The global thallium (III) nitrate market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for thallium (III) nitrate in various applications such as chemical industry, laboratory and others. Moreover, rising awareness about the benefits of thallium (III) nitrate is also propelling the growth of this market. Based on type, the global thallium (III) nitrate market has been segmented into purity 99%, purity 99.9%, purity 99.99% and purity 99.999%. Purity 99% held a major share of the global thallium (III) nitrate market in 2017 and is projected to maintain its dominance during the forecast period as well owing to its low price point as compared to other grades of purest forms available in this product category .
 Nitrate Industry Outlook.svg)
Product Definition:
Thallium (III) nitrate is a salt of thallium and nitric acid. It is often used as an intermediate in the synthesis of other thallium compounds.
Purity 99%:
Thallium (III) nitrate is a salt which contains thallium and nitric acid. It is used as an alloying agent in alloys of high resistance such as tungsten carbide, silicon steel, and boron steel. Purity 99% has the highest demand among other thallic salts due to its unique properties that make it suitable for various applications across industries including chemical processing, electronics & semiconductors, glass making etc.
Purity 99.9%:
Purity 99.9% is a type of Pharmaceutical Grade Chemicals which are used in the production of Thallium (III) Nitrate. It is also known as Neocitric acid, 2-dehydrocarnitine or Dihydroacetic acid2-dehydrocarnitine or DiHCA for short.
Application Insights:
The other applications of thallium (III) nitrate include its use as a component in the manufacture of fertilizers and pesticides. The chemical is used to produce nitrogen-based fertilizer for agricultural use. It is also used as an active pharmaceutical ingredient (API) in the production of various medicines such as antibiotics, antidiarrheals, painkillers and sedatives among others.
Demand from laboratory application segment accounted for USD 391.5 million in 2017 owing to increasing demand from research laboratories across the globe coupled with growing usage of thallium metal itself for various chemical reactions carried out by researchers working within these laboratories over the past two centuries since its discovery has led to this product acquiring widespread utility across academic institutions.
Regional Analysis:
Asia Pacific thallium nitrate market is anticipated to witness significant growth over the forecast period owing to increasing demand from chemical, electronic and medical industries. The region accounted for a volume share of over 40% in 2017 and is expected to grow at a CAGR of XX% during the forecast period. This can be attributed to rising investments by multinational companies in this region along with growing production capacities for various end-use industries such as semiconductors, chemicals, LEDs lighting etc.
The product demand in Europe was valued at USD X million in 2017 and is projected to grow steadily over the coming years on account of rising applications across several end-use sectors including electronics & LED lighting, pharmaceuticals among others which are likely drive industry expansion across this region during the estimated time span.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for thallium (III) nitrate as a doping agent in transistors and other electronic devices.
- Growing demand for thallium (III) nitrate in optical glass, fiber optics, and other optical applications.
- Rising use of thallium (III) nitrate in pharmaceuticals and medical imaging applications.
- Increased adoption of thallium (III) nitrate as a catalyst in chemical processes industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thallium (III) Nitrate Market Research Report
By Type
Purity 99%, Purity 99.9%, Purity 99.99%, Purity 99.999%
By Application
Chemical Industry, Laboratory, Others
By Companies
Toronto Research Chemicals, Biosynth Carbosynth, American Elements, Alfa Aesar, Ereztech, ProChem, Reagents
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Thallium (III) Nitrate Market Report Segments:
The global Thallium (III) Nitrate 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:
- Toronto Research Chemicals
- Biosynth Carbosynth
- American Elements
- Alfa Aesar
- Ereztech
- ProChem
- Reagents
 Nitrate Market Overview.svg)
Highlights of The Thallium (III) Nitrate 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 Thallium (III) Nitrate 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
 Nitrate 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?
Thallium (III) nitrate is a white, crystalline powder that is soluble in water. It has a bitter taste and smells like garlic. Thallium (III) nitrate is used to make fireworks and other explosives.
Some of the major players in the thallium (iii) nitrate market are Toronto Research Chemicals, Biosynth Carbosynth, American Elements, Alfa Aesar, Ereztech, ProChem, Reagents.
The thallium (iii) nitrate market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thallium (III) Nitrate 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 Thallium (III) Nitrate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thallium (III) Nitrate 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 Thallium (III) Nitrate 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 Thallium (III) Nitrate Market Size & Forecast, 2018-2028
4.5.1 Thallium (III) Nitrate Market Size and Y-o-Y Growth
4.5.2 Thallium (III) Nitrate Market Absolute $ Opportunity
Chapter 5 Global Thallium (III) Nitrate 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 Thallium (III) Nitrate 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 Thallium (III) Nitrate 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 Thallium (III) Nitrate 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 Thallium (III) Nitrate 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 Thallium (III) Nitrate 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 Thallium (III) Nitrate Analysis and Forecast
9.1 Introduction
9.2 North America Thallium (III) Nitrate 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 Thallium (III) Nitrate 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 Thallium (III) Nitrate 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 Thallium (III) Nitrate Analysis and Forecast
10.1 Introduction
10.2 Europe Thallium (III) Nitrate 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 Thallium (III) Nitrate 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 Thallium (III) Nitrate 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 Thallium (III) Nitrate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thallium (III) Nitrate 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 Thallium (III) Nitrate 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 Thallium (III) Nitrate 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 Thallium (III) Nitrate Analysis and Forecast
12.1 Introduction
12.2 Latin America Thallium (III) Nitrate 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 Thallium (III) Nitrate 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 Thallium (III) Nitrate 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) Thallium (III) Nitrate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thallium (III) Nitrate 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) Thallium (III) Nitrate 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) Thallium (III) Nitrate 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 Thallium (III) Nitrate Market: Competitive Dashboard
14.2 Global Thallium (III) Nitrate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toronto Research Chemicals
14.3.2 Biosynth Carbosynth
14.3.3 American Elements
14.3.4 Alfa Aesar
14.3.5 Ereztech
14.3.6 ProChem
14.3.7 Reagents
