Lutetium oxide, a white solid, is a cubic compound of lutetium sometimes used in the preparation of specialty glasses. It is also called lutecia. It is a lanthanide oxide, also known as a rare earth.
At present, the global Lutetium Oxide market is dominated by Chinese enterprises. China is the world's largest production area of Lutetium Oxide. In 2016, China accounted for 96% of the global production share. China, North America, Europe and Japan are the world's leading consumer regions. However, the consumption of downstream enterprises is dispersed and unstable. Chinese companies and the government's bargaining power is weak, the market price is not dominated by manufacturers
In 2016, global Lutetium Oxide production was estimated at 81.5 tonnes. The global Lutetium Oxide revenue market is estimated at 51 million USD. China Minmetals Rare Earth is the world's largest producer. At present, the company holds 40% of the global production share. In 2011-2016, the global Lutetium Oxide prices have decreased significantly. However, in the past few months, the prices of Lutetium Oxide act certain degree of recovery.
The global Lutetium Oxide market was 61 million US$ in 2018 and is expected to 120 million US$ by the end of 2025, growing at a CAGR of 8.7% between 2019 and 2025.
This report studies the Lutetium Oxide market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Lutetium Oxide in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
China Minmetals Rare Earth
Longyi Heavy Rare-Earth
Ganzhou Rare Earth Mineral Industry
Ganzhou Qiandong Rare Earth Group
Chenguang Rare Earth
Jiangyin Jiahua Advanced Material Resouces
Jiangsu Guosheng Rare-earth
Gansu Rare Earth New Material
Yongxing Chemical Industry
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
Glass and Ceramics
Alloy and Permanent Magnet Material
Optical Dopant and Phosphors
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Lutetium Oxide market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Lutetium Oxide market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Lutetium Oxide manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Lutetium Oxide with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Lutetium Oxide submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Lutetium Oxide are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Lutetium Oxide market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Lutetium Oxide market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.