Market Overview:
The global ytterbium acetate 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 ytterbium acetate in various applications, such as chemical industry, laboratory, and others. Ytterbium acetate is used as an additive in various industrial processes and products owing to its unique properties, such as high thermal stability and low reactivity.
Product Definition:
A salt of ytterbium with acetate ions. It is used as a colorant in glasses and ceramics.
Purity 99%:
Purity 99% is a by-product of the yttrium aluminum garnet process and represents approximately 1.5% of the total production cost. It is available in granular form and has an appearance similar to talc with a white powdery fingerprint. Purity 99% can be used as an additive for polymers, fibers, ceramics or glass; it can also be utilized in lubricants or greases depending on its type and level of purity required for application.
Purity 99.9%:
Purity 99.9% is a type of crystalline bismuth that has been processed to remove all other metals and chemicals from the final product. It is used in various applications such as production of specialty chemicals, pharmaceuticals, and polymers among others.
Application Insights:
The others application segment accounted for the largest revenue share of over 30% in 2017. The chemical is widely used in the electronics industry as a phosphors activator and an anti-reflective coating material. It is also used as a catalyst in organic synthesis, mainly for PPh3 hydrolysis reactions. Increasing demand from other applications such as electronic components manufacturing will drive the product demand over the forecast period.
The laboratory application segment was valued at USD 870.0 million in 2017 and is expected to witness significant growth on account of its use by researchers across various end-use industries including pharmaceuticals, food processing, cosmetics.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to witness a CAGR of XX% over the forecast period. The presence of major ytterbium production facilities in China, Australia, and India is anticipated to drive demand for ytterbium acetate from chemical manufacturing as well as laboratory applications. In addition, rising investments by foreign players such as Molycorp (USA) and EuroChem (Germany) are likely to have a positive impact on product demand over the coming years.
North America emerged as the second-largest consumer for this product with a share of 19%. The U.S.
Growth Factors:
- Increasing demand from the optoelectronics industry for Ytterbium Acetate as a dopant in fiber lasers and amplifiers.
- Growing demand for Ytterbium Acetate from the medical industry for use in radiation therapy and cancer treatment.
- Rising demand from the metallurgical industry for Ytterbium Acetate as an additive to improve the strength and ductility of metals.
- Increasing use of Ytterbium Acetate in research and development activities to develop new applications for the compound.
- Growing popularity of ytterbium acetate among researchers due to its unique optical properties
Scope Of The Report
Report Attributes
Report Details
Report Title
Ytterbium Acetate Market Research Report
By Type
Purity 99%, Purity 99.9%, Purity 99.99%, Purity 99.999%, Purity 99.9999%
By Application
Chemical Industry, Laboratory, Others
By Companies
Edgetech Industries LLC, American Elements, Alfa Aesar, Ereztech, Central Drug House, MaTecK, Chemdyes Corporation, ALB Materials Inc, Shanghai Sheeny Metal Materials, Stanford Materials Corporation, ProChem, METALL RARE EARTH LIMITED, Reagents, GFS Chemicals, 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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Ytterbium Acetate Market Report Segments:
The global Ytterbium Acetate market is segmented on the basis of:
Types
Purity 99%, Purity 99.9%, Purity 99.99%, Purity 99.999%, Purity 99.9999%
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:
- Edgetech Industries LLC
- American Elements
- Alfa Aesar
- Ereztech
- Central Drug House
- MaTecK
- Chemdyes Corporation
- ALB Materials Inc
- Shanghai Sheeny Metal Materials
- Stanford Materials Corporation
- ProChem
- METALL RARE EARTH LIMITED
- Reagents
- GFS Chemicals
- Abcr Gute Chemie
Highlights of The Ytterbium Acetate 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%
- Purity 99.9999%
- 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 Ytterbium Acetate 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.
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- Correctly Positioning New Products
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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?
Ytterbium acetate is a white, crystalline powder that is used as an additive in plastics and other materials. It has a strong odor and can cause skin irritation.
Some of the key players operating in the ytterbium acetate market are Edgetech Industries LLC, American Elements, Alfa Aesar, Ereztech, Central Drug House, MaTecK, Chemdyes Corporation, ALB Materials Inc, Shanghai Sheeny Metal Materials, Stanford Materials Corporation, ProChem, METALL RARE EARTH LIMITED, Reagents, GFS Chemicals, Abcr Gute Chemie.
The ytterbium acetate 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 Ytterbium Acetate 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 Ytterbium Acetate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ytterbium Acetate 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 Ytterbium Acetate 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 Ytterbium Acetate Market Size & Forecast, 2018-2028
4.5.1 Ytterbium Acetate Market Size and Y-o-Y Growth
4.5.2 Ytterbium Acetate Market Absolute $ Opportunity
Chapter 5 Global Ytterbium Acetate 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 Ytterbium Acetate 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%
5.2.5 Purity 99.9999%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ytterbium Acetate 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 Ytterbium Acetate 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 Ytterbium Acetate 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 Ytterbium Acetate 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 Ytterbium Acetate Analysis and Forecast
9.1 Introduction
9.2 North America Ytterbium Acetate 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 Ytterbium Acetate 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%
9.6.5 Purity 99.9999%
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 Ytterbium Acetate 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 Ytterbium Acetate Analysis and Forecast
10.1 Introduction
10.2 Europe Ytterbium Acetate 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 Ytterbium Acetate 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%
10.6.5 Purity 99.9999%
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 Ytterbium Acetate 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 Ytterbium Acetate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ytterbium Acetate 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 Ytterbium Acetate 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%
11.6.5 Purity 99.9999%
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 Ytterbium Acetate 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 Ytterbium Acetate Analysis and Forecast
12.1 Introduction
12.2 Latin America Ytterbium Acetate 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 Ytterbium Acetate 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%
12.6.5 Purity 99.9999%
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 Ytterbium Acetate 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) Ytterbium Acetate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ytterbium Acetate 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) Ytterbium Acetate 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%
13.6.5 Purity 99.9999%
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) Ytterbium Acetate 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 Ytterbium Acetate Market: Competitive Dashboard
14.2 Global Ytterbium Acetate 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 Shanghai Sheeny Metal Materials
14.3.10 Stanford Materials Corporation
14.3.11 ProChem
14.3.12 METALL RARE EARTH LIMITED
14.3.13 Reagents
14.3.14 GFS Chemicals
14.3.15 Abcr Gute Chemie
