The global Lutetium Oxide market was valued at 58.94 Million USD in 2021 and will grow with a CAGR of 8.46% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.
Ganzhou Rare Earth Mineral Industry
Ganzhou Qiandong Rare Earth Group
Jiangyin Jiahua Advanced Material Resouces
Gansu Rare Earth New Material
Alloy and Permanent Magnet Material
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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1.3 Players Covered: Ranking by Lutetium Oxide Revenue
1.4.1 Global Lutetium Oxide Market Size Growth Rate by Type: 2021 VS 2027
1.5.1 Global Lutetium Oxide Market Share by Application: 2022-2027
1.5.5 Alloy and Permanent Magnet Material
1.8 Overview of Global Lutetium Oxide Market
1.8.1 Global Lutetium Oxide Market Status and Outlook (2016-2027)
2.1 Global Lutetium Oxide Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Lutetium Oxide Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Lutetium Oxide Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Lutetium Oxide Production Sites, Area Served, Product Type
3.1 Global Lutetium Oxide Sales Volume Market Share by Region (2016-2021)
3.2 Global Lutetium Oxide Sales Revenue Market Share by Region (2016-2021)
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