Market Overview:
The global ytterbium nitride 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 ytterbium nitride in various applications, such as chemical industry, laboratory and others. Ytterbium nitride is also used as a dopant in optical fibers and lasers. Additionally, rising investments by key players for expanding their production capacities are also expected to fuel the growth of the global ytterbium nitride market during the forecast period. However, volatility in prices of raw materials may hamper the growth of this market over the forecast period.
Product Definition:
A ytterbium nitride is a compound made up of ytterbium and nitrogen. It has a black crystalline structure and is used as a semiconductor material in electronic devices.
Purity 99%:
Purity 99% is a new term in the yttrium aluminum garnet (YAG) market. It was created to provide a standard for high-purity YAG and its major application is in laser systems. The purity of YAG refers to the percentage of components remaining after extraction from the mineral source. In this case, it's 99%.
The extraction process includes solvent removal, filtration, distillation.
Purity 99.9%:
Purity 99.9% is a type of yttrium aluminum nitride which has high thermal conductivity, low density and specific heat, and high chemical stability. It's used in applications such as electronic components, optical media drives, and others due to its properties such as corrosion resistance & electrical insulation.
Application Insights:
The others application segment accounted for the largest revenue share of over 30% in 2017. The chemical is used as a catalyst in various industries including petroleum, chemical, and power generation. Moreover, it is also used as an additive to improve the performance of fuel cells and reduce their cost. Increasing demand for ytterbium nitride from these applications is expected to drive the global market over the forecast period.
The laboratory application segment was valued at USD 57 million in 2017 owing to increasing R&D activities pertaining to its usage as a component in optical devices and sensors that are widely utilized across end-use industries such as automotive & transportation systems and healthcare equipment & technologies among others.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to maintain its position during the forecast period. The presence of major ytterbium nitride mining countries such as Australia, India, China, and Japan is one of the key factors driving this region’s growth. In addition to this, increasing chemical production in various applications such as pharmaceuticals and polymers is also anticipated to drive demand for ytterbium nitride over the forecast period.
North America emerged as a prominent consumer due to high product consumption in chemical manufacturing coupled with rising R&D activities related to rare earth minerals across U.S., Canada, and Mexico.
Growth Factors:
- Increasing demand for ytterbium nitride in optoelectronics and solid-state lighting applications
- Growing demand for ytterbium nitride from the semiconductor industry
- Rising use of ytterbium nitride in optical coatings and thin films
- Increasing adoption of ytterbium nitride substrates in solar energy systems
- Growing popularity of ytterbium nitride nanoparticles for biomedical applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Ytterbium Nitride 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, ALB Materials Inc, Stanford Advanced Materials, NANOCHEMAZONE
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Ytterbium Nitride Market Report Segments:
The global Ytterbium Nitride 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
- ALB Materials Inc
- Stanford Advanced Materials
- NANOCHEMAZONE
Highlights of The Ytterbium Nitride 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 Ytterbium Nitride 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?
Ytterbium nitride is a material that has the potential to be used in electronic devices and solar cells. It is also used in lasers and other optical equipment.
Some of the major companies in the ytterbium nitride market are American Elements, ALB Materials Inc, Stanford Advanced Materials, NANOCHEMAZONE.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ytterbium Nitride 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 Nitride Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ytterbium Nitride 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 Nitride 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 Nitride Market Size & Forecast, 2018-2028
4.5.1 Ytterbium Nitride Market Size and Y-o-Y Growth
4.5.2 Ytterbium Nitride Market Absolute $ Opportunity
Chapter 5 Global Ytterbium Nitride 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 Nitride 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 Ytterbium Nitride 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 Nitride 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 Nitride 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 Nitride 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 Nitride Analysis and Forecast
9.1 Introduction
9.2 North America Ytterbium Nitride 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 Nitride 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 Ytterbium Nitride 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 Nitride Analysis and Forecast
10.1 Introduction
10.2 Europe Ytterbium Nitride 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 Nitride 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 Ytterbium Nitride 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 Nitride Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ytterbium Nitride 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 Nitride 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 Ytterbium Nitride 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 Nitride Analysis and Forecast
12.1 Introduction
12.2 Latin America Ytterbium Nitride 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 Nitride 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 Ytterbium Nitride 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 Nitride Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ytterbium Nitride 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 Nitride 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) Ytterbium Nitride 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 Nitride Market: Competitive Dashboard
14.2 Global Ytterbium Nitride Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 American Elements
14.3.2 ALB Materials Inc
14.3.3 Stanford Advanced Materials
14.3.4 NANOCHEMAZONE
