Market Overview:
The global ytterbium(III) sulfate octahydrate 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 ytterbium(III) sulfate octahydrate in various applications such as glass, optical fiber, chemical industry, laboratory and industrial application. Moreover, rising demand from developing countries is also expected to fuel the growth of the global ytterbium(III) sulfate octahydrate market during the forecast period. Based on type, the global ytterbium(III) sulfate octahydrate 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 ytterbium(III) sulfate octahydrate market in 2017 and is projected to grow at a significant rate during the forecast period owing to its low cost as compared to other types of pure Yttrium Sulfates available in the market .Purity99 .
 Sulfate Octahydrate Industry Outlook.svg)
Product Definition:
A white solid, Ytterbium(III) sulfate octahydrate is a salt of ytterbium and sulfuric acid. It is used as a colorant in glassmaking and ceramics.
Purity 99%:
Purity 99% is a new term in the yttrium (III) sulfate octahydrate market. It was created to provide quality control for the purest form of element Ytterbium. The product has been used by industries such as chemical, pharmaceutical and others which have high standards of purity and cleanliness requirements.
Purity 99.9%:
Purity 99.9% is a type of crystalline solid, which has been developed to have the same chemical properties as those of pure yttrium(III) sulfate octahydrate. It has a high degree of uniformity and purity with no significant impurities present in it. The product is commercially available in two forms including P99.9% and P99%.
Application Insights:
The optical fiber application segment led the global ytterbium(III) sulfate octahydrate market in 2017. Optical fibers are used in a variety of applications including telecommunications, LED lighting, and sensors. The use of optical fibers is increasing rapidly owing to their high bandwidth capability and low cost per bit. This trend is expected to drive the demand for ytterbium compounds over the forecast period.
The chemical industry accounted for 21% share of global revenue in 2017 on account of its extensive use as an additive in chemicals that require moderate or high magnetic susceptibility such as ferroalloys, powders & grains, specialty alloys (high-temperature), barIUM metal alloys (high-pressure), and Yttrium aluminum garnet (YAG) laser materials among others.
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(III) sulfate producers coupled with rising demand from end-use industries such as chemical, glass, optical fiber, etc. is anticipated to drive the global market in Asia Pacific region over the forecast period.
The growth can be attributed to increasing investments by key players for expanding their production capacities and technological innovations that enable high purity product availability at competitive prices are likely to boost regional demand for ytterbium(III) sulfate octahydrate during the forecast period.
Growth Factors:
- Increasing demand from the optoelectronics industry for Ytterbium(III) Sulfate Octahydrate as a dopant in fiber lasers and amplifiers.
- Growing application of Ytterbium(III) Sulfate Octahydrate in medical devices such as X-ray machines and CT scanners.
- Rising demand for Ytterbium(III) Sulfate Octahydrate from the metallurgical industry for use as a flux agent and deoxidizer during steel production processes.
- Increasing popularity of ytterbium-doped optical fibers in telecommunications applications due to their superior performance characteristics over traditional optical fibers doped with other rare earth elements like erbium and neodymium ions . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Ytterbium(III) Sulfate Octahydrate Market Research Report
By Type
Purity 99%, Purity 99.9%, Purity 99.99%, Purity 99.999%
By Application
Glass, Optical Fiber, Chemical Industry, Laboratory, Industrial Application, Others
By Companies
American Elements, Alfa Aesar, Ereztech, MaTecK, Chemdyes Corporation, ALB Materials Inc, ProChem, METALL RARE EARTH LIMITED, MERYER, 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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Ytterbium(III) Sulfate Octahydrate Market Report Segments:
The global Ytterbium(III) Sulfate Octahydrate 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
Glass, Optical Fiber, 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:
- American Elements
- Alfa Aesar
- Ereztech
- MaTecK
- Chemdyes Corporation
- ALB Materials Inc
- ProChem
- METALL RARE EARTH LIMITED
- MERYER
- Abcr Gute Chemie
 Sulfate Octahydrate Market Overview.svg)
Highlights of The Ytterbium(III) Sulfate Octahydrate 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:
- Glass
- Optical Fiber
- 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(III) Sulfate Octahydrate 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
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 Sulfate Octahydrate 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?
Ytterbium(III) sulfate octahydrate is a white, crystalline powder with a slightly sweet odor. It is soluble in water and alcohol. Ytterbium(III) sulfate octahydrate is used as an additive to glass and other materials to improve their resistance to heat, cold, and chemicals.
Some of the major players in the ytterbium(iii) sulfate octahydrate market are American Elements, Alfa Aesar, Ereztech, MaTecK, Chemdyes Corporation, ALB Materials Inc, ProChem, METALL RARE EARTH LIMITED, MERYER, Abcr Gute Chemie.
The ytterbium(iii) sulfate octahydrate 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 Ytterbium(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ytterbium(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate Market Size & Forecast, 2018-2028
4.5.1 Ytterbium(III) Sulfate Octahydrate Market Size and Y-o-Y Growth
4.5.2 Ytterbium(III) Sulfate Octahydrate Market Absolute $ Opportunity
Chapter 5 Global Ytterbium(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate Market Size Forecast by Applications
6.2.1 Glass
6.2.2 Optical Fiber
6.2.3 Chemical Industry
6.2.4 Laboratory
6.2.5 Industrial Application
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ytterbium(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate Analysis and Forecast
9.1 Introduction
9.2 North America Ytterbium(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate Market Size Forecast by Applications
9.10.1 Glass
9.10.2 Optical Fiber
9.10.3 Chemical Industry
9.10.4 Laboratory
9.10.5 Industrial Application
9.10.6 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(III) Sulfate Octahydrate Analysis and Forecast
10.1 Introduction
10.2 Europe Ytterbium(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate Market Size Forecast by Applications
10.10.1 Glass
10.10.2 Optical Fiber
10.10.3 Chemical Industry
10.10.4 Laboratory
10.10.5 Industrial Application
10.10.6 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(III) Sulfate Octahydrate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ytterbium(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate Market Size Forecast by Applications
11.10.1 Glass
11.10.2 Optical Fiber
11.10.3 Chemical Industry
11.10.4 Laboratory
11.10.5 Industrial Application
11.10.6 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(III) Sulfate Octahydrate Analysis and Forecast
12.1 Introduction
12.2 Latin America Ytterbium(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate Market Size Forecast by Applications
12.10.1 Glass
12.10.2 Optical Fiber
12.10.3 Chemical Industry
12.10.4 Laboratory
12.10.5 Industrial Application
12.10.6 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(III) Sulfate Octahydrate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ytterbium(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate 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(III) Sulfate Octahydrate Market Size Forecast by Applications
13.10.1 Glass
13.10.2 Optical Fiber
13.10.3 Chemical Industry
13.10.4 Laboratory
13.10.5 Industrial Application
13.10.6 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(III) Sulfate Octahydrate Market: Competitive Dashboard
14.2 Global Ytterbium(III) Sulfate Octahydrate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 American Elements
14.3.2 Alfa Aesar
14.3.3 Ereztech
14.3.4 MaTecK
14.3.5 Chemdyes Corporation
14.3.6 ALB Materials Inc
14.3.7 ProChem
14.3.8 METALL RARE EARTH LIMITED
14.3.9 MERYER
14.3.10 Abcr Gute Chemie
