Global Yttrium Market - Segmented by Product Type, By End-User Industry, and Geography - Trends and Forecasts 2017 - 2022

  • ID: 4390536
  • Report
  • Region: Global
  • 168 pages
  • Mordor Intelligence
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The Global Yttrium Market shipped 9000 tons of yttria (yttrium oxide), the major source of yttrium, and it is expected to grow at a CAGR of 15.45% to reach XX.XX tons by 2020. The market witnessed a year on year growth of below XX.XX% from 2013 to 2014. Yttrium-oxide, the major ore and primary source of yttrium metal, and its various compounds and alloys are produced in small quantities in a limited few regions across the world. The majority of the aforementioned oxide is extracted from the deposits of other rare-earth elements and metals during their mining and subsequent purification. A limited amount is also being extracted from scarcely found minerals gadolinite, xenotime, samarskite, euxenite, fergusonite, yttrotantalite, yttrotungstite, and yttrialite. Because of the concentration of yttrium oxide reserves and mines in certain geographies across the globe, mainly in China, the product has limited international trade.

Yttrium, owing to its superior physical properties, such as excellent electrical conductivity, heat stabilizing and creep resistant properties, and light weight, is becoming an integral part of various applications in major commercial and industrial sectors. In the yttrium market report, we have taken the following major applications into consideration: Phosphors, Defense, Ceramics, Electronic devices (Superconductors), High Temperature Refractories, Lasers, Metallurgical applications, SOFCs, and Others. The Phosphors application segment accounted for XX.XX% share of the global yttrium market in 2015.

This market is driven by a number of factors, such as demand from ceramic manufacturers, growing market for flat panel displays, and growing popularity of green vehicles. However, this market faces certain drawbacks, such as Chinas domination of Rare Earths (RE) industrial ecosystem, dwindling reserves and prices, and growing popularity of LED lighting. These factors may act as a roadblock to the growth of the market.

The market has also been geographically segmented on consumption and production basis. The market, based on consumption has been divided into Asia-pacific, Europe, North America, South America, and Middle-East and Africa. The regions have further been divided into major countries. In terms of consumption in 2015, China led the market with a share of XX.XX%. It was followed by Japan and the United States. Owing to the high reserves of yttrium and increasing economic development in the country, combined with the restrictive yttrium export policies enacted by the government, yttrium consumption is increasing in China.

Furthermore, the increasing number of applications in defense sector and recycling of phosphors for yttrium retrieval will offer numerous opportunities in the growth of the global yttrium market. The companies and vendors in the market have also been segmented by the regions market, into Chinese, Australian, Indian, Japanese, European, and North American manufacturers.

Key Deliverables:

Market analysis for the global yttrium market, with region specific assessments and competition analysis on global and regional scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the global yttrium market on both global and regional scales
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
Insights on the major countries/regions in which this industry is blooming and identification of the regions that are still untapped
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1. Introduction
1.1 Description
1.2 Research Methodology
2. Executive Summary
3. Yttrium Market
3.1 Market Definition
3.2 Industry Value Chain Analysis
3.3 Industry Attractiveness - Porter's Five Forces Model
4. Market Dynamics
4.1 Drivers
4.1.1 Demand from Ceramic Manufacturers
4.1.2 Growing Market for Flat Panel Displays
4.1.3 Increasing Applications of Yttrium Garnets
4.1.4 Growing Popularity of Green Vehicles
4.2 Restraints
4.2.1 Chinas Domination of Rare Earths (RE) Industrial Ecosystem
4.2.2 Dwindling Reserves and Prices
4.2.3 Growing Popularity of LED Lighting
4.2.4 Substitution by Scandium in Specific Applications
4.3 Opportunities
4.3.1 Increasing Applications in Defense Sector
4.3.2 Recycling of Phosphors for Yttrium Retrieval
4.3.3 Discovery and Commencing of New Mines
4.3.4 Increased Demand from Emerging Economies
4.3.5 Applications of Yttrium Oxide Nano powders
5. Market Segmentation and Analysis
5.1 By Product Type
5.1.1 Alloy
5.1.2 Metal
5.1.3 Compounds
5.2 By End-User Industry
5.2.1 Phosphors
5.2.2 Defense
5.2.3 Ceramics
5.2.4 Electronic devices (Superconductors)
5.2.5 High Temperature Refractories
5.2.6 Lasers
5.2.7 Metallurgical applications
5.2.8 SOFCs
5.2.9 Others
6. Global Market Analaysis
6.1 Production Analysis
6.1.1 China
6.1.2 India
6.1.3 Malaysia
6.1.4 Brazil
6.1.5 United States
6.1.6 France
6.1.7 Australia
6.1.8 Vietnam
6.1.9 Others
6.2 Consumption Analysis
6.2.1 Asia-Pacific China Japan India Australia Rest of Asia-Pacific
6.2.2 Europe Italy Germany France Rest of Europe
6.2.3 North America US Rest of North America
6.2.4 South America
6.2.5 Middle-East and Africa
7. Price Analysis
8. Trade Analysis
9. Future of Yttrium Market
10. Competitive Landscape
10.1 Mergers and Acquisition
10.2 Joint Ventures, Collaborations, and Agreements
10.3 Strategies Adopted by Leading Players
11. Company Profiles
11.1 China
11.1.1 Chengdu Haoxuan Technology Co. Ltd.
11.1.2 China Rare Earth Co. Ltd.
11.1.3 Double Park International Corporation
11.1.4 Ganzhou Hong De New Technology Development Ltd. Co.
11.1.5 Goring Rare Earth Corporation Limited
11.1.6 Inner Mongolia Nonferrous Mining Co. Ltd
11.1.7 Metall Rare Earth Limited
11.1.8 Shenzhen Chuanyan Technology Co. Ltd.
11.1.9 Sichuan Lanthanum Rare Materials Limited
11.1.10 Zhejiang Jinda Rare-earth Element Co. Ltd
11.2 Australia
11.2.1 Alkane Resources
11.2.2 Arafura Resources Ltd
11.2.3 Chinalco Yunnan Copper Resources
11.2.4 Crossland Strategic Metals Limited
11.2.5 GBM Resources Ltd
11.2.6 Lynas Corporation
11.2.7 Northern Minerals Ltd
11.3 India
11.3.1 Indian Rare Earths Limited
11.3.2 Septangular Biz Corporation-India
11.3.3 Star Earth Minerals Pvt. Ltd.
11.4 Japan
11.4.1 Nippon Yttrium Co.
11.4.2 The Nilaco Corporation
11.5 Europe
11.5.1 TCI Chemicals
11.5.2 Tasman Metals
11.6 North America
11.6.1 All-Chemie Ltd
11.6.2 Atlantic Equipment Engineers Inc.
11.6.3 Avalon Rare Metals
11.6.4 Blue Line Corp.
11.6.5 EMC Metals Corp.
11.6.6 ESPI Corp. Inc.
11.6.7 GFS Chemicals Inc.
11.6.8 Great Western Minerals Group Ltd.
11.6.9 Materion Advanced Materials Group
11.6.10 Molycorp.
11.6.11 NOAH Technologies Corporation
11.6.12 Super Conductor Materials Inc.
12. Disclaimer
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