Market Overview:
The global iridium crucibles market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for iridium crucibles in various applications, such as artificial crystal industry, manufactured gems, and others. In terms of purity, the above 99.9% segment is expected to hold a major share of the global iridium crucibles market during the forecast period.
Product Definition:
Iridium Crucibles are crucible made from iridium, a rare and expensive metal. They are used in high-temperature applications because they have a very high melting point and do not corrode in most environments.
Purity: Above 99.9%:
Iridium is a chemical element produced by the fusion of two atoms at high temperatures and pressures. It has the highest melting point of any metal and is also very hard, making it an excellent material for use in crucibles. The demand for iridium has been increasing over the past few years on account of its growing application as an alloying agent in stainless steel manufacturing.
Purity: Above 99.99%:
Iridium is a chemical element produced by the fusion of two atoms at high temperatures and pressures. It is a lustrous, silver-gray, ductile metal with a high content of 18th century discovery. The metal has the highest melting point of any non-metallic element; it also has the highest boiling point ever recorded for a solid material. These properties make it useful in various industries including nuclear power plants and space programs among others.
Application Insights:
The artificial crystal industry segment dominated the global market in terms of revenue in 2017. The growth can be attributed to increasing applications such as LEDs, LCDs and smartphones. Furthermore, technological advancements and new product launches are further expected to propel the demand for iridium crucibles over the coming years.
Manufactured gems application is projected to witness significant growth over the forecast period owing to rising consumer preference for customized jewelry designs coupled with high product demand from various industries including fashion designers, optoelectronics and watchmakers. In addition, increasing mining activities across various countries has led to an increase in production of synthetic or lab-grown gemstones which is likely to boost market growth over the coming years as well. Other applications include research studies on molten salt technology used for nuclear waste disposal (Iridium-232: Promethium-Antimemum) and others (Iridium-233 & Iridium-235).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 3% during the forecast period. This can be attributed to increasing demand for high purity iridium from various applications such as nuclear reactors, industrial furnaces, and laser systems. Moreover, rising investments by major companies in R&D activities are anticipated to fuel regional product demand during the forecast period.
The Asia Pacific region is projected to register significant growth over the coming years owing to rapid industrialization and urbanization coupled with growing population in countries such as China and India that has led towards an increase in manufacturing activities across several industries including automotive, construction materials among others driving product consumption levels within these regions significantly higher than other regions globally leading towards overall regional market share estimated at above 35% currently estimated at above 35%.
Growth Factors:
- Increasing demand from the semiconductor and electronics industry for iridium crucibles as they are non-toxic and have a very low coefficient of thermal expansion.
- Growing popularity of iridium crucibles in the medical device industry as they are biocompatible and can be used for high temperature applications such as sterilization.
- Rising demand for iridium crucibles from the metallurgical industry due to their superior properties such as resistance to corrosion and high melting point.
- Increasing use of iridium crucibles in research laboratories for carrying out various scientific experiments at high temperatures.
- Growing awareness about the benefits of using iridium crucibles among end users, which is likely to boost demand over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Iridium Crucibles Market Research Report
By Type
Purity: Above 99.9%, Purity: Above 99.99%, Others
By Application
Artificial Crystal Industry, Manufactured Gems, Others
By Companies
Johnson Matthey, Rochoet, Furuya Metal, Sanyee, ESPICorp, Plaurum Group, Chengdu Guangming Paite Precious Metal, Shang Hai Zhen Yuan Metal Material
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Iridium Crucibles Market Report Segments:
The global Iridium Crucibles market is segmented on the basis of:
Types
Purity: Above 99.9%, Purity: Above 99.99%, Others
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
Artificial Crystal Industry, Manufactured Gems, 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:
- Johnson Matthey
- Rochoet
- Furuya Metal
- Sanyee
- ESPICorp
- Plaurum Group
- Chengdu Guangming Paite Precious Metal
- Shang Hai Zhen Yuan Metal Material
Highlights of The Iridium Crucibles 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: Above 99.9%
- Purity: Above 99.99%
- Others
- By Application:
- Artificial Crystal Industry
- Manufactured Gems
- 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 Iridium Crucibles 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
- 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?
Iridium crucibles are used in the manufacturing of iridium alloys.
Some of the key players operating in the iridium crucibles market are Johnson Matthey, Rochoet, Furuya Metal, Sanyee, ESPICorp, Plaurum Group, Chengdu Guangming Paite Precious Metal, Shang Hai Zhen Yuan Metal Material.
The iridium crucibles market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Iridium Crucibles Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Iridium Crucibles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Iridium Crucibles Market - Supply Chain
4.5. Global Iridium Crucibles Market Forecast
4.5.1. Iridium Crucibles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Iridium Crucibles Market Size (000 Units) and Y-o-Y Growth
4.5.3. Iridium Crucibles Market Absolute $ Opportunity
5. Global Iridium Crucibles Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Iridium Crucibles Market Size and Volume Forecast by Type
5.3.1. Purity: Above 99.9%
5.3.2. Purity: Above 99.99%
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Iridium Crucibles Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Iridium Crucibles Market Size and Volume Forecast by Application
6.3.1. Artificial Crystal Industry
6.3.2. Manufactured Gems
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Iridium Crucibles Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Iridium Crucibles Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Iridium Crucibles Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Iridium Crucibles Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Iridium Crucibles Demand Share Forecast, 2019-2026
9. North America Iridium Crucibles Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Iridium Crucibles Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Iridium Crucibles Market Size and Volume Forecast by Application
9.4.1. Artificial Crystal Industry
9.4.2. Manufactured Gems
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Iridium Crucibles Market Size and Volume Forecast by Type
9.7.1. Purity: Above 99.9%
9.7.2. Purity: Above 99.99%
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Iridium Crucibles Demand Share Forecast, 2019-2026
10. Latin America Iridium Crucibles Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Iridium Crucibles Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Iridium Crucibles Market Size and Volume Forecast by Application
10.4.1. Artificial Crystal Industry
10.4.2. Manufactured Gems
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Iridium Crucibles Market Size and Volume Forecast by Type
10.7.1. Purity: Above 99.9%
10.7.2. Purity: Above 99.99%
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Iridium Crucibles Demand Share Forecast, 2019-2026
11. Europe Iridium Crucibles Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Iridium Crucibles Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Iridium Crucibles Market Size and Volume Forecast by Application
11.4.1. Artificial Crystal Industry
11.4.2. Manufactured Gems
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Iridium Crucibles Market Size and Volume Forecast by Type
11.7.1. Purity: Above 99.9%
11.7.2. Purity: Above 99.99%
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
1.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Iridium Crucibles Demand Share, 2019-2026
12. Asia Pacific Iridium Crucibles Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Iridium Crucibles Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Iridium Crucibles Market Size and Volume Forecast by Application
12.4.1. Artificial Crystal Industry
12.4.2. Manufactured Gems
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Iridium Crucibles Market Size and Volume Forecast by Type
12.7.1. Purity: Above 99.9%
12.7.2. Purity: Above 99.99%
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Iridium Crucibles Demand Share, 2019-2026
13. Middle East & Africa Iridium Crucibles Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Iridium Crucibles Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Iridium Crucibles Market Size and Volume Forecast by Application
13.4.1. Artificial Crystal Industry
13.4.2. Manufactured Gems
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Iridium Crucibles Market Size and Volume Forecast by Type
13.7.1. Purity: Above 99.9%
13.7.2. Purity: Above 99.99%
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Iridium Crucibles Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Iridium Crucibles Market: Market Share Analysis
14.2. Iridium Crucibles Distributors and Customers
14.3. Iridium Crucibles Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Johnson Matthey
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Rochoet
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Furuya Metal
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sanyee
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ESPICorp
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Plaurum Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Chengdu Guangming Paite Precious Metal
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shang Hai Zhen Yuan Metal Material
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook