Industry: Chemical & Material
Published Date: 2025-02-28
Pages: 122 Pages
Report ld: 4346521
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Thorium-228 Market Size(US$)

CAGR 2025-2031
6.5%
Market Size,2031
USD 3.3
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
Valued at US$ 2.2 million in 2024, the global Thorium-228 market is forecast to reach US$ 3.3 million by 2030, at a CAGR of 6.5% during the forecast period.
Thorium-228 is a radioactive isotope. In irradiated thorium elements, 228Th can be produced through specific nuclear reactions. For example, when radium-226 is irradiated in the High Flux Isotope Reactor, actinium-227 and thorium-228 are produced. As a byproduct of the production of actinium-227, thorium-228 can be produced in large quantities.
Thorium-228 has a wide range of applications in the medical field. It can be used to make radium-224/lead-212 generators, which allow radium-224 extracted from thorium-228 to decay over time and produce lead-212 and bismuth-212. Lead-212 and bismuth-212 can be used to study targeted alpha therapies to attack metastatic skin cancer and neuroendocrine tumors with minimal damage to surrounding tissues. In addition, thorium-228 can be combined with other biomolecules to develop a cancer targeted therapy combination. In addition to medical applications, thorium-228 may have other potential applications. However, due to its radioactivity and decay characteristics, these applications need to be carefully evaluated and strictly managed.
Due to the strong radioactivity of thorium-228, thorium separated from irradiated thorium is best stored for 10 to 20 years before reuse to ensure that its radioactivity level is reduced to a safe range. When storing and handling thorium-228, strict radiation protection measures need to be taken to avoid health hazards caused by ionizing radiation.
As a radioactive isotope, thorium 228 has potential application value in many fields, and its development is jointly affected by multiple driving factors and hindering factors.
Thorium 228 has broad application prospects in the medical field, especially in cancer treatment. It can be used to make radium-224/lead-212 generators, and the lead-212 and bismuth-212 produced by these generators can be used to study targeted alpha therapy, which has therapeutic effects on cancers such as metastatic skin cancer and neuroendocrine tumors. With the rising incidence of cancer and the increasing demand for cancer treatment, the demand for thorium 228 is expected to continue to grow.
Continuous technological innovation provides more possibilities for the extraction, separation and application of thorium 228. For example, by improving nuclear reaction technology, the production efficiency and purity of thorium 228 can be improved; by developing new radioisotope labeling technology, thorium 228 can be combined with other biomolecules to develop more cancer targeted therapy combinations.
Governments of various countries have given certain policy support to the research and application of radioisotopes. These policies include financial support, tax incentives, R&D subsidies, etc., which provide a good policy environment for the R&D and application of thorium 228.
There are many technical difficulties in the extraction, separation and application of thorium 228. For example, how to efficiently extract and separate thorium 228, how to ensure its safety and stability, and how to apply it in the medical field all require further technical research and innovation. The production and application costs of thorium 228 are high. This includes raw material costs, production costs, R&D costs, and operating costs. The high cost limits the widespread application and commercialization of thorium 228.
In terms of production side, this report researches the Thorium-228 production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of Thorium-228 by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.
This report presents an overview of global market for Thorium-228, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Thorium-228, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Thorium-228, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Thorium-228 sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Thorium-228 market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Thorium-228 sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including ORNL(NIDC), Eckert & Ziegler, Laboratoire Maurice Tubiana, Thor Medicals, RITVERC JSC, etc.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Thorium-228 production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of Thorium-228 in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 4: Detailed analysis of Thorium-228 manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Type, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Thorium-228 sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 15: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
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We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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TABLE OF CONTENTS
1 Study Coverage
1.1 Thorium-228 Product Introduction
1.2 Market by Type
1.2.1 Global Thorium-228 Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 99.0%-99.5%
1.2.3 >99.5%
1.3 Market by Application
1.3.1 Global Thorium-228 Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Nuclear Medicine
1.3.3 Scientific Research
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Thorium-228 Production
2.1 Global Thorium-228 Production Capacity (2020-2031)
2.2 Global Thorium-228 Production by Region: 2020 VS 2024 VS 2031
2.3 Global Production by Region
2.3.1 Global Thorium-228 Production by Region (2020-2031)
2.3.2 Global Thorium-228 Production Market Share by Region (2020-2031)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global Thorium-228 Revenue Estimates and Forecasts 2020-2031
3.2 Global Revenue by Region
3.2.1 Global Thorium-228 Revenue by Region: 2020 VS 2024 VS 2031
3.2.2 Global Thorium-228 Revenue by Region (2020-2031)
3.2.3 Global Thorium-228 Revenue Market Share by Region (2020-2031)
3.3 Global Thorium-228 Sales Estimates and Forecasts 2020-2031
3.4 Global Sales by Region
3.4.1 Global Thorium-228 Sales by Region: 2020 VS 2024 VS 2031
3.4.2 Global Thorium-228 Sales by Region (2020-2031)
3.4.3 Global Thorium-228 Sales Market Share by Region (2020-2031)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufacturers
4.1 Global Sales by Manufacturers
4.1.1 Global Thorium-228 Sales by Manufacturers (2020-2025)
4.1.2 Global Thorium-228 Sales Market Share by Manufacturers (2020-2025)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Thorium-228 in 2024
4.2 Global Revenue by Manufacturers
4.2.1 Global Thorium-228 Revenue by Manufacturers (2020-2025)
4.2.2 Global Thorium-228 Revenue Market Share by Manufacturers (2020-2025)
4.2.3 Global Top 10 and Top 5 Companies by Thorium-228 Revenue in 2024
4.3 Global Thorium-228 Sales Price by Manufacturers (2020-2025)
4.4 Global Key Players of Thorium-228, Industry Ranking, 2023 VS 2024
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Thorium-228 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Thorium-228, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Thorium-228, Product Offered and Application
4.8 Global Key Manufacturers of Thorium-228, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Sales by Type
5.1.1 Global Thorium-228 Historical Sales by Type (2020-2025)
5.1.2 Global Thorium-228 Forecasted Sales by Type (2026-2031)
5.1.3 Global Thorium-228 Sales Market Share by Type (2020-2031)
5.2 Global Revenue by Type
5.2.1 Global Thorium-228 Historical Revenue by Type (2020-2025)
5.2.2 Global Thorium-228 Forecasted Revenue by Type (2026-2031)
5.2.3 Global Thorium-228 Revenue Market Share by Type (2020-2031)
5.3 Global Price by Type
5.3.1 Global Thorium-228 Price by Type (2020-2025)
5.3.2 Global Thorium-228 Price Forecast by Type (2026-2031)
6 Market Size by Application
6.1 Global Sales by Application
6.1.1 Global Thorium-228 Historical Sales by Application (2020-2025)
6.1.2 Global Thorium-228 Forecasted Sales by Application (2026-2031)
6.1.3 Global Thorium-228 Sales Market Share by Application (2020-2031)
6.2 Global Revenue by Application
6.2.1 Global Thorium-228 Historical Revenue by Application (2020-2025)
6.2.2 Global Thorium-228 Forecasted Revenue by Application (2026-2031)
6.2.3 Global Thorium-228 Revenue Market Share by Application (2020-2031)
6.3 Global Price by Application
6.3.1 Global Thorium-228 Price by Application (2020-2025)
6.3.2 Global Thorium-228 Price Forecast by Application (2026-2031)
7 US & Canada
7.1 US & Canada Market Size by Type
7.1.1 US & Canada Thorium-228 Sales by Type (2020-2031)
7.1.2 US & Canada Thorium-228 Revenue by Type (2020-2031)
7.2 US & Canada Market Size by Application
7.2.1 US & Canada Thorium-228 Sales by Application (2020-2031)
7.2.2 US & Canada Thorium-228 Revenue by Application (2020-2031)
7.3 US & Canada Market Size by Country
7.3.1 US & Canada Thorium-228 Revenue by Country: 2020 VS 2024 VS 2031
7.3.2 US & Canada Thorium-228 Revenue by Country (2020-2031)
7.3.3 US & Canada Thorium-228 Sales by Country (2020-2031)
7.3.4 US
7.3.5 Canada
8 Europe
8.1 Europe Market Size by Type
8.1.1 Europe Thorium-228 Sales by Type (2020-2031)
8.1.2 Europe Thorium-228 Revenue by Type (2020-2031)
8.2 Europe Market Size by Application
8.2.1 Europe Thorium-228 Sales by Application (2020-2031)
8.2.2 Europe Thorium-228 Revenue by Application (2020-2031)
8.3 Europe Market Size by Country
8.3.1 Europe Thorium-228 Revenue by Country: 2020 VS 2024 VS 2031
8.3.2 Europe Thorium-228 Sales by Country (2020-2031)
8.3.3 Europe Thorium-228 Revenue by Country (2020-2031)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Market Size by Type
9.1.1 China Thorium-228 Sales by Type (2020-2031)
9.1.2 China Thorium-228 Revenue by Type (2020-2031)
9.2 China Market Size by Application
9.2.1 China Thorium-228 Sales by Application (2020-2031)
9.2.2 China Thorium-228 Revenue by Application (2020-2031)
10 Asia (excluding China)
10.1 Asia Market Size by Type
10.1.1 Asia Thorium-228 Sales by Type (2020-2031)
10.1.2 Asia Thorium-228 Revenue by Type (2020-2031)
10.2 Asia Market Size by Application
10.2.1 Asia Thorium-228 Sales by Application (2020-2031)
10.2.2 Asia Thorium-228 Revenue by Application (2020-2031)
10.3 Asia Market Size by Region
10.3.1 Asia Thorium-228 Revenue by Region: 2020 VS 2024 VS 2031
10.3.2 Asia Thorium-228 Revenue by Region (2020-2031)
10.3.3 Asia Thorium-228 Sales by Region (2020-2031)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Market Size by Type
11.1.1 Middle East, Africa and Latin America Thorium-228 Sales by Type (2020-2031)
11.1.2 Middle East, Africa and Latin America Thorium-228 Revenue by Type (2020-2031)
11.2 Middle East, Africa and Latin America Market Size by Application
11.2.1 Middle East, Africa and Latin America Thorium-228 Sales by Application (2020-2031)
11.2.2 Middle East, Africa and Latin America Thorium-228 Revenue by Application (2020-2031)
11.3 Middle East, Africa and Latin America Market Size by Country
11.3.1 Middle East, Africa and Latin America Thorium-228 Revenue by Country: 2020 VS 2024 VS 2031
11.3.2 Middle East, Africa and Latin America Thorium-228 Revenue by Country (2020-2031)
11.3.3 Middle East, Africa and Latin America Thorium-228 Sales by Country (2020-2031)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profile
12.1 ORNL(NIDC)
12.1.1 ORNL(NIDC) Corporation Information
12.1.2 ORNL(NIDC) Overview
12.1.3 ORNL(NIDC) Thorium-228 Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.1.4 ORNL(NIDC) Thorium-228 Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 ORNL(NIDC) Recent Developments
12.2 Eckert & Ziegler
12.2.1 Eckert & Ziegler Corporation Information
12.2.2 Eckert & Ziegler Overview
12.2.3 Eckert & Ziegler Thorium-228 Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.2.4 Eckert & Ziegler Thorium-228 Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Eckert & Ziegler Recent Developments
12.3 Laboratoire Maurice Tubiana
12.3.1 Laboratoire Maurice Tubiana Corporation Information
12.3.2 Laboratoire Maurice Tubiana Overview
12.3.3 Laboratoire Maurice Tubiana Thorium-228 Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.3.4 Laboratoire Maurice Tubiana Thorium-228 Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Laboratoire Maurice Tubiana Recent Developments
12.4 Thor Medicals
12.4.1 Thor Medicals Corporation Information
12.4.2 Thor Medicals Overview
12.4.3 Thor Medicals Thorium-228 Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.4.4 Thor Medicals Thorium-228 Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 Thor Medicals Recent Developments
12.5 RITVERC JSC
12.5.1 RITVERC JSC Corporation Information
12.5.2 RITVERC JSC Overview
12.5.3 RITVERC JSC Thorium-228 Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.5.4 RITVERC JSC Thorium-228 Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 RITVERC JSC Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Thorium-228 Industry Chain Analysis
13.2 Thorium-228 Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Thorium-228 Production Mode & Process
13.4 Thorium-228 Sales and Marketing
13.4.1 Thorium-228 Sales Channels
13.4.2 Thorium-228 Distributors
13.5 Thorium-228 Customers
14 Thorium-228 Market Dynamics
14.1 Thorium-228 Industry Trends
14.2 Thorium-228 Market Drivers
14.3 Thorium-228 Market Challenges
14.4 Thorium-228 Market Restraints
15 Key Findings in the Global Thorium-228 Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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