Market Overview:
The global ytterbium fluoride 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 dental fillings and fluoride glass applications, and rising investments in R&D for new product development. However, the high cost of ytterbium fluoride may restrain the market growth in some regions. Based on type, 99% YbF3 accounted for a larger share of the global ytterbium fluoride market in 2017. This segment is expected to dominate the market during the forecast period owing to its superior properties compared with other types of ytterbium fluorides. Based on application, dental fillings held a major share of the global ytterbium fluoride market in 2017 and is projected to grow at a higher CAGR during 2018-2030 owing to its growing demand across developed countries such as U.S., Canada, Germany, France and Japan.
Product Definition:
A fluoride of ytterbium. It is a white solid that is used as a dopant in lasers.
99% YbF3:
99% YbF3 is a rare earth fluoride with chemical formula YbF3. It has properties similar to that of regular beryllium, but is much more stable and abundant in nature. 99%YbF3 can be easily prepared by the thermal decomposition of bertrandite (Be2O3) using high temperature and pressure conditions.
99.9% YbF3:
99.9% YbF3 is a chemical compound of yttrium, fluorine and bromine. It has a monoclinic crystal structure with space group I4/mcm (2) and is orthorhombic by nature.
Application Insights:
Dental fillings was the largest application segment in 2017. It is anticipated to witness growth at a CAGR of XX% from 2018 to 2030 owing to high product demand for this application in developed regions like North America and Europe. Fluoride glass is another significant application that involves the use of ytterbium fluoride, which is projected to grow at a considerable rate over the forecast period due largely to its increasing consumption for windshield repair purposes coupled with low cost production methods employed by major market players such as Toyota Motor Corporation, Honda Motor Co., Ltd., Nissan Motors Ltd., Mitsubishi Electric Corp., Suzuki Motor Co., Ltd.; and Mazda Motors Inc.
The others segment includes applications such as electronics, semiconductors, superalloys & metals (ferrous), pharmaceuticals (ytterbium-based drugs) and food & beverages (ytterbium-based additives).
Regional Analysis:
North America was the second-largest regional market for ytterbium fluoride after Asia Pacific. The U.S., in particular, is one of the largest consumers of yttria-stabilized zirconia (YSZ) products owing to high demand from dental applications and growing number of bridges and buildings constructed using these products.
Asia Pacific is expected to be a key revenue generator for global market players due to rapid growth in end-use industries such as medical, automotive, aerospace & defense, etc. Moreover, increasing investments by domestic manufacturers coupled with favorable government regulations are anticipated to drive industry expansion over the forecast period.
Europe accounted for approximately 20% share in 2016 on account of rising product demand from several major application sectors including aerospace & defense.
Growth Factors:
- Increasing demand from the optoelectronics and laser industries
- Growing application of ytterbium fluoride in optical fiber amplifiers
- Rising demand for ytterbium fluoride from the medical industry
- Increasing use of ytterbium fluoride in glass manufacturing
- Growing research and development activities for new applications of ytterbium fluoride
Scope Of The Report
Report Attributes
Report Details
Report Title
Ytterbium Fluoride Market Research Report
By Type
99% YbF3, 99.9% YbF3
By Application
Dental Fillings, Fluoride Glass, Others
By Companies
Eletm, Materion, Espi, Sukgyung, Dongfang Coating 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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Ytterbium Fluoride Market Report Segments:
The global Ytterbium Fluoride market is segmented on the basis of:
Types
99% YbF3, 99.9% YbF3
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
Dental Fillings, Fluoride Glass, 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:
- Eletm
- Materion
- Espi
- Sukgyung
- Dongfang Coating Material
Highlights of The Ytterbium 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% YbF3
- 99.9% YbF3
- By Application:
- Dental Fillings
- Fluoride Glass
- 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 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 fluoride is a white, odorless, tasteless powder that is used in industrial and scientific applications. It is also used as a dietary supplement.
Some of the major companies in the ytterbium fluoride market are Eletm, Materion, Espi, Sukgyung, Dongfang Coating Material.
The ytterbium fluoride 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. Ytterbium Fluoride 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. Ytterbium Fluoride Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ytterbium Fluoride Market - Supply Chain
4.5. Global Ytterbium Fluoride Market Forecast
4.5.1. Ytterbium Fluoride Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ytterbium Fluoride Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ytterbium Fluoride Market Absolute $ Opportunity
5. Global Ytterbium Fluoride 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. Ytterbium Fluoride Market Size and Volume Forecast by Type
5.3.1. 99% YbF3
5.3.2. 99.9% YbF3
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ytterbium Fluoride 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. Ytterbium Fluoride Market Size and Volume Forecast by Application
6.3.1. Dental Fillings
6.3.2. Fluoride Glass
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ytterbium Fluoride 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. Ytterbium Fluoride 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 Ytterbium Fluoride 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. Ytterbium Fluoride 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 Ytterbium Fluoride Demand Share Forecast, 2019-2026
9. North America Ytterbium Fluoride 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 Ytterbium Fluoride 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 Ytterbium Fluoride Market Size and Volume Forecast by Application
9.4.1. Dental Fillings
9.4.2. Fluoride Glass
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 Ytterbium Fluoride Market Size and Volume Forecast by Type
9.7.1. 99% YbF3
9.7.2. 99.9% YbF3
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 Ytterbium Fluoride Demand Share Forecast, 2019-2026
10. Latin America Ytterbium Fluoride 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 Ytterbium Fluoride 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 Ytterbium Fluoride Market Size and Volume Forecast by Application
10.4.1. Dental Fillings
10.4.2. Fluoride Glass
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 Ytterbium Fluoride Market Size and Volume Forecast by Type
10.7.1. 99% YbF3
10.7.2. 99.9% YbF3
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 Ytterbium Fluoride Demand Share Forecast, 2019-2026
11. Europe Ytterbium Fluoride 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 Ytterbium Fluoride 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 Ytterbium Fluoride Market Size and Volume Forecast by Application
11.4.1. Dental Fillings
11.4.2. Fluoride Glass
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 Ytterbium Fluoride Market Size and Volume Forecast by Type
11.7.1. 99% YbF3
11.7.2. 99.9% YbF3
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. 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 Ytterbium Fluoride Demand Share, 2019-2026
12. Asia Pacific Ytterbium Fluoride 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 Ytterbium Fluoride 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 Ytterbium Fluoride Market Size and Volume Forecast by Application
12.4.1. Dental Fillings
12.4.2. Fluoride Glass
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 Ytterbium Fluoride Market Size and Volume Forecast by Type
12.7.1. 99% YbF3
12.7.2. 99.9% YbF3
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 Ytterbium Fluoride Demand Share, 2019-2026
13. Middle East & Africa Ytterbium Fluoride 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 Ytterbium Fluoride 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 Ytterbium Fluoride Market Size and Volume Forecast by Application
13.4.1. Dental Fillings
13.4.2. Fluoride Glass
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 Ytterbium Fluoride Market Size and Volume Forecast by Type
13.7.1. 99% YbF3
13.7.2. 99.9% YbF3
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 Ytterbium Fluoride Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ytterbium Fluoride Market: Market Share Analysis
14.2. Ytterbium Fluoride Distributors and Customers
14.3. Ytterbium Fluoride Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Eletm
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Materion
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Espi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sukgyung
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Dongfang Coating Material
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
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
