Market Overview:
The global yttrium sulfate 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 yttrium sulfate in various applications, such as ceramics, glass, chemical industry, laboratory and industrial application. Yttrium sulfate is also used as a doping agent in electronic devices and semiconductors. Additionally, rising awareness about the benefits of yttrium sulfate is also contributing to the growth of this market. However, fluctuating prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
A white powdery mineral, yttrium sulfate is used as a dyeing agent in the textile industry and as a flame retardant. It is also employed in the production of ceramics, enamels, and glazes.
Purity 99%:
Purity 99% is a new term in the Yttrium sulfate market. It was created to provide quality products with no impurities or contaminants. The product has been designed and manufactured by only using materials that meet all the necessary specifications for purity, and it's produced under GMP conditions (good manufacturing practices).
The main driver of this market is increasing demand from end-use industries such as pharmaceuticals, chemicals, etc.
Purity 99.9%:
Purity 99.9% is a type of crystalline silicon, which has been purified to an extremely high degree through numerous production steps. It consists of pure and highly uniform yttrium oxide particles with a particle size less than one micron.
Application Insights:
Ceramics was the largest application segment in 2017 and is projected to witness a CAGR of XX% from 2018 to 2030. Yttrium sulfate is used for various applications in ceramics, such as fire retardant additives, strengthening agents, glazes and coatings. The product has wide application scope in chemical industry owing to its ability to reduceNO3andSO4in flue gas emission by 50%. It is also used as an agent for controlling corrosion on steel structures involved in the production of power plants and other industrial facilities.
The product finds extensive usage across alloys & metals where it acts as a refractory material or lining material along with iron oxide (Fe2O3). Its addition improves heat resistance & strength of alloys & makes them resistant against deformation when they are heated above their elasticity temperature range.
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 yttrium sulfate producing countries such as China, India, Japan and Korea is anticipated to drive the regional market. In addition, increasing demand for yttrium sulfate from various end-use sectors such as ceramics, glass and chemical industry on account of rising industrialization in this region will augment growth.
North America emerged as a significant consumer due to high production levels coupled with growing demand from end-use industries such as ceramics and chemical industry on account of technological advancements in this region. Europe also held a considerable share owing to high production levels coupled with rising applications in laboratory equipment manufacturing owing to technological innovations by leading manufacturers are estimated boost consumption over the forecast period.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for yttrium sulfate as a dopant in optical fibers and lasers.
- Growing application of yttrium sulfate in phosphors, catalysts, and glass ceramics.
- Rising demand for yttrium sulfate from the medical industry for use in X-ray imaging systems and cancer treatment therapies.
- Increasing adoption of yttrium sulfate across various other industries such as automotive, aerospace, defense, etc.
- Technological advancements that are expected to boost the efficiency of optical fibers and lasers using yttrium sulfate as a dopant
Scope Of The Report
Report Attributes
Report Details
Report Title
Yttrium Sulfate Market Research Report
By Type
Purity 99%, Purity 99.9%, Purity 99.99%, Purity 99.999%
By Application
Ceramics, Glass, Chemical Industry, Laboratory, Industrial Application, Others
By Companies
American Elements, Alfa Aesar, Ereztech, Chemdyes Corporation, ALB Materials Inc, ProChem, METALL RARE EARTH LIMITED, 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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Yttrium Sulfate Market Report Segments:
The global Yttrium Sulfate 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
Ceramics, Glass, 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
- Chemdyes Corporation
- ALB Materials Inc
- ProChem
- METALL RARE EARTH LIMITED
- Abcr Gute Chemie
Highlights of The Yttrium Sulfate 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:
- Ceramics
- Glass
- 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 Yttrium Sulfate 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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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 Sulfate is a mineral that is found in the Earth's crust. It is used to make alloys and compounds, including glass, ceramics, and metal products.
Some of the major players in the yttrium sulfate market are American Elements, Alfa Aesar, Ereztech, Chemdyes Corporation, ALB Materials Inc, ProChem, METALL RARE EARTH LIMITED, Abcr Gute Chemie.
The yttrium sulfate 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 Yttrium Sulfate 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 Sulfate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Yttrium Sulfate 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 Sulfate 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 Sulfate Market Size & Forecast, 2018-2028
4.5.1 Yttrium Sulfate Market Size and Y-o-Y Growth
4.5.2 Yttrium Sulfate Market Absolute $ Opportunity
Chapter 5 Global Yttrium Sulfate 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 Sulfate 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 Yttrium Sulfate 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 Sulfate Market Size Forecast by Applications
6.2.1 Ceramics
6.2.2 Glass
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 Yttrium Sulfate 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 Sulfate 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 Sulfate Analysis and Forecast
9.1 Introduction
9.2 North America Yttrium Sulfate 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 Sulfate 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 Yttrium Sulfate Market Size Forecast by Applications
9.10.1 Ceramics
9.10.2 Glass
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 Yttrium Sulfate Analysis and Forecast
10.1 Introduction
10.2 Europe Yttrium Sulfate 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 Sulfate 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 Yttrium Sulfate Market Size Forecast by Applications
10.10.1 Ceramics
10.10.2 Glass
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 Yttrium Sulfate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Yttrium Sulfate 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 Sulfate 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 Yttrium Sulfate Market Size Forecast by Applications
11.10.1 Ceramics
11.10.2 Glass
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 Yttrium Sulfate Analysis and Forecast
12.1 Introduction
12.2 Latin America Yttrium Sulfate 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 Sulfate 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 Yttrium Sulfate Market Size Forecast by Applications
12.10.1 Ceramics
12.10.2 Glass
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) Yttrium Sulfate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Yttrium Sulfate 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 Sulfate 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) Yttrium Sulfate Market Size Forecast by Applications
13.10.1 Ceramics
13.10.2 Glass
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 Yttrium Sulfate Market: Competitive Dashboard
14.2 Global Yttrium Sulfate 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 Chemdyes Corporation
14.3.5 ALB Materials Inc
14.3.6 ProChem
14.3.7 METALL RARE EARTH LIMITED
14.3.8 Abcr Gute Chemie
