Market Overview:
The global yttrium fluoride market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for rare earth crystal laser materials, up-conversion luminescent materials, fluoride glass, carbon electrode of electric arc lighting and raw material for yttrium metal. Additionally, the growing demand for evaporated coatings in various end-use industries is also propelling the growth of the global yttrium fluoride market. However, volatility in prices of rare earth metals may restrain the growth of this market during the forecast period.
Product Definition:
Yttrium fluoride is a rare earth element with the symbol Y and atomic number 39. It is a white solid that is insoluble in water. Yttrium fluoride has several applications, including use as an etching agent for glass and as a flux for soldering.
99ï¼…Yttrium Fluoride:
99ï¼…Yttrium fluoride is a chemical compound, which has the formula YF3. It is a member of the family of chemicals known as yttrium salts. The pure form of this chemical contains approximately 0.1% wt% fluorine and 99% wt% yttrium, it's purity being very high by comparison with other members in its family such as 61%, 76%, etc.
99.9ï¼…Yttrium Fluoride:
99.9%Yttrium fluoride is a chemical compound, which has rare earth metal yttrium (III) fluoride as an essential component. It is a solid material with no significant odor and taste. The product finds application in dental care products, pharmaceuticals, and cosmetics industries owing to its properties such as high thermal stability & corrosion resistance along with low water solubility & high density at very low temperatures.
Application Insights:
The rare earth crystal laser material application segment led the global market in 2017. The product is used as a raw material for Yttrium Metal, which is further utilized to manufacture various components of rare earth-based lasers. The growing demand for such products in the manufacturing of high power output and highly efficient lasers has been one of the key factors driving the global market growth over recent years.
Rare Earth Fluoride (REEF) is an ionic compound with formula REYF4 where Yttrium (Y) and Fluorine (F) are each present in equal quantities. It consists of fluorite minerals that contain yttrium, thorium, lanthanum, cerium and praseodymium as main elements along with other impurities including neodymium, samarium and gadolinia among others found naturally occurring deposits worldwide.
Regional Analysis:
North America dominated the global market in terms of revenue in 2017. The growth can be attributed to the rising demand for yttrium fluoride from various applications, such as rare earth crystal laser material, up-conversion luminescent material, fluoride glass and carbon electrode of electric arc lighting. Moreover, increasing investments by major companies are expected to boost product demand over the forecast period. For instance; In January 2018, Ucore Rare Earth Inc., a subsidiary of United States Rare Earth Holdings LLC announced that it will invest USD X million for building a new rare earth processing facility in Port Augusta South Australia with an aim to meet growing domestic demand and export products worldwide at lower prices.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rapid industrialization along with increasing per capita income levels which result into higher spending on consumer goods including electronic devices and automobiles among other industries using yttrium fluoride as raw material or components.
Growth Factors:
- Increasing demand from the optoelectronics and laser industries
- Growing application of yttrium fluoride in optical fiber amplifiers
- Rising use of yttrium fluoride in solid-state lasers
- Increasing demand for yttrium fluoride from the semiconductor industry
- Growing popularity of yttrium fluoride as a dopant material
Scope Of The Report
Report Attributes
Report Details
Report Title
Yttrium Fluoride Market Research Report
By Type
99％Yttrium Fluoride, 99.9％Yttrium Fluoride, 99.99％Yttrium Fluoride, 99.999％Yttrium Fluoride
By Application
Rare Earth Crystal Laser Material, Up-Conversion Luminescent Material, Fluoride Glass, Carbon Electrode of Electric Arc Lighting, Raw Material for Yttrium Metal, Evaporation Coating Material, Others
By Companies
Merck KGaA(Sigma-Aldrich), Finetech Industry Limited, Ganzhou Qiandong Rare Earth Group Co., Ltd, 3B Scientific(Wuhan)Corp, Oakwood Products, Alfa Chemistry, Central Drug House, Metall Rare Earth Limited, American Elements, Materion, Merck KGaA(Sigma-Aldrich)
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Yttrium Fluoride Market Report Segments:
The global Yttrium Fluoride market is segmented on the basis of:
Types
99％Yttrium Fluoride, 99.9％Yttrium Fluoride, 99.99％Yttrium Fluoride, 99.999％Yttrium Fluoride
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
Rare Earth Crystal Laser Material, Up-Conversion Luminescent Material, Fluoride Glass, Carbon Electrode of Electric Arc Lighting, Raw Material for Yttrium Metal, Evaporation Coating Material, 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:
- Merck KGaA(Sigma-Aldrich)
- Finetech Industry Limited
- Ganzhou Qiandong Rare Earth Group Co., Ltd
- 3B Scientific(Wuhan)Corp
- Oakwood Products
- Alfa Chemistry
- Central Drug House
- Metall Rare Earth Limited
- American Elements
- Materion
- Merck KGaA(Sigma-Aldrich)
Highlights of The Yttrium Fluoride 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:
- 99％Yttrium Fluoride
- 99.9％Yttrium Fluoride
- 99.99％Yttrium Fluoride
- 99.999％Yttrium Fluoride
- By Application:
- Rare Earth Crystal Laser Material
- Up-Conversion Luminescent Material
- Fluoride Glass
- Carbon Electrode of Electric Arc Lighting
- Raw Material for Yttrium Metal
- Evaporation Coating Material
- 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 Yttrium Fluoride 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
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- Product & Brand 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?
Yttrium fluoride is a chemical element with the symbol YF and atomic number 39. It is a rare earth metal that occurs in nature only in very small quantities. The metal is found as an impurity in some minerals, including yttrium oxide and yttrium carbonate.
Some of the major companies in the yttrium fluoride market are Merck KGaA(Sigma-Aldrich), Finetech Industry Limited, Ganzhou Qiandong Rare Earth Group Co., Ltd, 3B Scientific(Wuhan)Corp, Oakwood Products, Alfa Chemistry, Central Drug House, Metall Rare Earth Limited, American Elements, Materion, Merck KGaA(Sigma-Aldrich).
The yttrium fluoride 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 Yttrium Fluoride 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 Yttrium Fluoride Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Yttrium Fluoride 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 Yttrium Fluoride 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 Yttrium Fluoride Market Size & Forecast, 2018-2028
4.5.1 Yttrium Fluoride Market Size and Y-o-Y Growth
4.5.2 Yttrium Fluoride Market Absolute $ Opportunity
Chapter 5 Global Yttrium Fluoride 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 Yttrium Fluoride Market Size Forecast by Type
5.2.1 99％Yttrium Fluoride
5.2.2 99.9％Yttrium Fluoride
5.2.3 99.99％Yttrium Fluoride
5.2.4 99.999％Yttrium Fluoride
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Yttrium Fluoride 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 Yttrium Fluoride Market Size Forecast by Applications
6.2.1 Rare Earth Crystal Laser Material
6.2.2 Up-Conversion Luminescent Material
6.2.3 Fluoride Glass
6.2.4 Carbon Electrode of Electric Arc Lighting
6.2.5 Raw Material for Yttrium Metal
6.2.6 Evaporation Coating Material
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Yttrium Fluoride 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 Yttrium Fluoride 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 Yttrium Fluoride Analysis and Forecast
9.1 Introduction
9.2 North America Yttrium Fluoride 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 Yttrium Fluoride Market Size Forecast by Type
9.6.1 99％Yttrium Fluoride
9.6.2 99.9％Yttrium Fluoride
9.6.3 99.99％Yttrium Fluoride
9.6.4 99.999％Yttrium Fluoride
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 Yttrium Fluoride Market Size Forecast by Applications
9.10.1 Rare Earth Crystal Laser Material
9.10.2 Up-Conversion Luminescent Material
9.10.3 Fluoride Glass
9.10.4 Carbon Electrode of Electric Arc Lighting
9.10.5 Raw Material for Yttrium Metal
9.10.6 Evaporation Coating Material
9.10.7 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 Yttrium Fluoride Analysis and Forecast
10.1 Introduction
10.2 Europe Yttrium Fluoride 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 Yttrium Fluoride Market Size Forecast by Type
10.6.1 99％Yttrium Fluoride
10.6.2 99.9％Yttrium Fluoride
10.6.3 99.99％Yttrium Fluoride
10.6.4 99.999％Yttrium Fluoride
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 Yttrium Fluoride Market Size Forecast by Applications
10.10.1 Rare Earth Crystal Laser Material
10.10.2 Up-Conversion Luminescent Material
10.10.3 Fluoride Glass
10.10.4 Carbon Electrode of Electric Arc Lighting
10.10.5 Raw Material for Yttrium Metal
10.10.6 Evaporation Coating Material
10.10.7 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 Yttrium Fluoride Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Yttrium Fluoride 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 Yttrium Fluoride Market Size Forecast by Type
11.6.1 99％Yttrium Fluoride
11.6.2 99.9％Yttrium Fluoride
11.6.3 99.99％Yttrium Fluoride
11.6.4 99.999％Yttrium Fluoride
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 Yttrium Fluoride Market Size Forecast by Applications
11.10.1 Rare Earth Crystal Laser Material
11.10.2 Up-Conversion Luminescent Material
11.10.3 Fluoride Glass
11.10.4 Carbon Electrode of Electric Arc Lighting
11.10.5 Raw Material for Yttrium Metal
11.10.6 Evaporation Coating Material
11.10.7 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 Yttrium Fluoride Analysis and Forecast
12.1 Introduction
12.2 Latin America Yttrium Fluoride 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 Yttrium Fluoride Market Size Forecast by Type
12.6.1 99％Yttrium Fluoride
12.6.2 99.9％Yttrium Fluoride
12.6.3 99.99％Yttrium Fluoride
12.6.4 99.999％Yttrium Fluoride
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 Yttrium Fluoride Market Size Forecast by Applications
12.10.1 Rare Earth Crystal Laser Material
12.10.2 Up-Conversion Luminescent Material
12.10.3 Fluoride Glass
12.10.4 Carbon Electrode of Electric Arc Lighting
12.10.5 Raw Material for Yttrium Metal
12.10.6 Evaporation Coating Material
12.10.7 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) Yttrium Fluoride Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Yttrium Fluoride 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) Yttrium Fluoride Market Size Forecast by Type
13.6.1 99％Yttrium Fluoride
13.6.2 99.9％Yttrium Fluoride
13.6.3 99.99％Yttrium Fluoride
13.6.4 99.999％Yttrium Fluoride
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) Yttrium Fluoride Market Size Forecast by Applications
13.10.1 Rare Earth Crystal Laser Material
13.10.2 Up-Conversion Luminescent Material
13.10.3 Fluoride Glass
13.10.4 Carbon Electrode of Electric Arc Lighting
13.10.5 Raw Material for Yttrium Metal
13.10.6 Evaporation Coating Material
13.10.7 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 Yttrium Fluoride Market: Competitive Dashboard
14.2 Global Yttrium Fluoride Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Merck KGaA(Sigma-Aldrich)
14.3.2 Finetech Industry Limited
14.3.3 Ganzhou Qiandong Rare Earth Group Co., Ltd
14.3.4 3B Scientific(Wuhan)Corp
14.3.5 Oakwood Products
14.3.6 Alfa Chemistry
14.3.7 Central Drug House
14.3.8 Metall Rare Earth Limited
14.3.9 American Elements
14.3.10 Materion
14.3.11 Merck KGaA(Sigma-Aldrich)
