Market Overview:
The global ytterbium oxide 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 oxide in various applications, such as chemical industry, laboratory, industrial application and others. Ytterbium oxide 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 oxide market during the forecast period. However, volatility in prices of raw materials may restrain the growth of this market to some extent during the forecast period.
Product Definition:
Ytterbium oxide (Yb2O3) is an inorganic compound with the formula Yb2O3. It is a white solid that occurs as the mineral ytterbite. Ytterbium oxide is a rare earth metal oxide.
Purity 99.9%:
Purity 99.9% is a term used for the highest level of purity in chemicals and materials. It's an expression that means there is no material or chemical left over, not even a trace of impurities or contaminants. In other words, it's pure as driven snow with no clouding at all on any measurement taken throughout the entire process from beginning to end including production, transportation/ shipment and during usage itself.
Purity 99.99%:
Purity 99.99% is a type of rare earth metal oxides which contains yttrium, cerium, and neodymium along with other trace metals such as platinum, gold and silver. The product has applications in the electronics industry for manufacturing semiconductors that are used in LED screens & lasers; consumer electronic products; solar panels & photovoltaic devices; batteries & power generation equipment among others.
Application Insights:
The chemical industry emerged as the largest application segment and accounted for a revenue share of more than 50.0% in 2017. The product is used as an additive in manufacturing processes such as refining, purifying, androization, deactivating acids & bases, catalytic reforming etc. It is also used to remove impurities from yttrium metal when it is refined using cerium oxide or lanthanum oxide based on the purity required by the process.
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 oxide producers coupled with rising demand from chemical, laboratory, and industrial application industries is anticipated to drive the regional market growth. China accounted for a share of over 50% in global production owing to easy availability of raw materials along with high investment by domestic players in exploration and production activities.
North America emerged as the second-largest consumer due to increasing R&D activities across several sectors including chemicals, pharmaceuticals, energy storage & distribution among others. Moreover, growing nuclear power generation sector has led to an increase in demand for nuclear fuel which will further boost product consumption over the coming years.
Growth Factors:
- Increasing demand from the optoelectronics and laser industries
- Growing application in solid-state lighting
- Rising popularity of ytterbium oxide nanoparticles in biomedical and optical applications
- Increasing research and development activities for novel applications of ytterbium oxide
- Growing demand from emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Ytterbium Oxide Market Research Report
By Type
Purity 99.9%, Purity 99.99%, Purity 99.999%, Purity 99.9999%
By Application
Chemical Industry, Laboratory, Industrial Application, Others
By Companies
Edgetech Industries LLC, Alfa Aesar, Ereztech, Central Drug House, MaTecK, Chemdyes Corporation, ALB Materials Inc, Shanghai Sheeny Metal Materials, Stanford Materials Corporation, ProChem, ESPI Metals, METALL RARE EARTH LIMITED, SkySpring Nanomaterials, Reagents, GFS Chemicals
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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Ytterbium Oxide Market Report Segments:
The global Ytterbium Oxide market is segmented on the basis of:
Types
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, Industrial Application, 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
- Alfa Aesar
- Ereztech
- Central Drug House
- MaTecK
- Chemdyes Corporation
- ALB Materials Inc
- Shanghai Sheeny Metal Materials
- Stanford Materials Corporation
- ProChem
- ESPI Metals
- METALL RARE EARTH LIMITED
- SkySpring Nanomaterials
- Reagents
- GFS Chemicals
Highlights of The Ytterbium Oxide 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 99.9%
- Purity 99.99%
- Purity 99.999%
- Purity 99.9999%
- By Application:
- Chemical Industry
- Laboratory
- Industrial Application
- 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 Oxide 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
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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 oxide is a white, crystalline solid that is used as an additive in glass and ceramics. It has a low melting point and can be easily cast into small pieces.
Some of the major players in the ytterbium oxide market are Edgetech Industries LLC, Alfa Aesar, Ereztech, Central Drug House, MaTecK, Chemdyes Corporation, ALB Materials Inc, Shanghai Sheeny Metal Materials, Stanford Materials Corporation, ProChem, ESPI Metals, METALL RARE EARTH LIMITED, SkySpring Nanomaterials, Reagents, GFS Chemicals.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ytterbium Oxide 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 Oxide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ytterbium Oxide 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 Oxide 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 Oxide Market Size & Forecast, 2018-2028
4.5.1 Ytterbium Oxide Market Size and Y-o-Y Growth
4.5.2 Ytterbium Oxide Market Absolute $ Opportunity
Chapter 5 Global Ytterbium Oxide 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 Oxide Market Size Forecast by Type
5.2.1 Purity 99.9%
5.2.2 Purity 99.99%
5.2.3 Purity 99.999%
5.2.4 Purity 99.9999%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ytterbium Oxide 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 Oxide Market Size Forecast by Applications
6.2.1 Chemical Industry
6.2.2 Laboratory
6.2.3 Industrial Application
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ytterbium Oxide 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 Oxide 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 Oxide Analysis and Forecast
9.1 Introduction
9.2 North America Ytterbium Oxide 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 Oxide Market Size Forecast by Type
9.6.1 Purity 99.9%
9.6.2 Purity 99.99%
9.6.3 Purity 99.999%
9.6.4 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 Oxide Market Size Forecast by Applications
9.10.1 Chemical Industry
9.10.2 Laboratory
9.10.3 Industrial Application
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 Ytterbium Oxide Analysis and Forecast
10.1 Introduction
10.2 Europe Ytterbium Oxide 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 Oxide Market Size Forecast by Type
10.6.1 Purity 99.9%
10.6.2 Purity 99.99%
10.6.3 Purity 99.999%
10.6.4 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 Oxide Market Size Forecast by Applications
10.10.1 Chemical Industry
10.10.2 Laboratory
10.10.3 Industrial Application
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 Ytterbium Oxide Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ytterbium Oxide 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 Oxide Market Size Forecast by Type
11.6.1 Purity 99.9%
11.6.2 Purity 99.99%
11.6.3 Purity 99.999%
11.6.4 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 Oxide Market Size Forecast by Applications
11.10.1 Chemical Industry
11.10.2 Laboratory
11.10.3 Industrial Application
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 Ytterbium Oxide Analysis and Forecast
12.1 Introduction
12.2 Latin America Ytterbium Oxide 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 Oxide Market Size Forecast by Type
12.6.1 Purity 99.9%
12.6.2 Purity 99.99%
12.6.3 Purity 99.999%
12.6.4 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 Oxide Market Size Forecast by Applications
12.10.1 Chemical Industry
12.10.2 Laboratory
12.10.3 Industrial Application
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) Ytterbium Oxide Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ytterbium Oxide 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 Oxide Market Size Forecast by Type
13.6.1 Purity 99.9%
13.6.2 Purity 99.99%
13.6.3 Purity 99.999%
13.6.4 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 Oxide Market Size Forecast by Applications
13.10.1 Chemical Industry
13.10.2 Laboratory
13.10.3 Industrial Application
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 Ytterbium Oxide Market: Competitive Dashboard
14.2 Global Ytterbium Oxide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Edgetech Industries LLC
14.3.2 Alfa Aesar
14.3.3 Ereztech
14.3.4 Central Drug House
14.3.5 MaTecK
14.3.6 Chemdyes Corporation
14.3.7 ALB Materials Inc
14.3.8 Shanghai Sheeny Metal Materials
14.3.9 Stanford Materials Corporation
14.3.10 ProChem
14.3.11 ESPI Metals
14.3.12 METALL RARE EARTH LIMITED
14.3.13 SkySpring Nanomaterials
14.3.14 Reagents
14.3.15 GFS Chemicals
