Global Holmium Market - Industry Trends, Opportunities and Forecasts to 2023
The global holmium market is projected to grow at a CAGR of XX% during the forecast period to reach US$XX.XX billion by 2023 from US$XX.XX billion in 2017. Holmium is a rare earth element which belongs to the lanthanide series. It is a silvery-white metal which is soft, malleable and ductile. Holmium has its applications in halide lamps, control rods, crystal dopant, ceramics, magnets, and phosphors among others.
Holmium has the ability to absorb fission-bred neutrons and is useful in keeping the atomic chain reaction under control in nuclear reactors. Holmium has remarkable magnetic properties, which makes it useful in alloys for the production of magnets and as a flux concentrator for magnetic fields. Moreover, holmium oxide provides yellow or red colouring for its use in cubic zircon and glass. Holmium components are used in solid-state lasers which have microwave applications and are useful in a variety of medical and dental settings. Furthermore, these components are used as a calibration standard for optical spectrophotometers, which are available commercially.
Growing investment in nuclear energy as an alternative to meet the energy demand, especially in the Asia Pacific region, will boost the demand for holmium. Moreover, the application of holmium components in lasers are useful in many surgery specialities, including urology, neurosurgery, and angioplasty and at various other medical setting is expected to boost the demand for holmium during the forecast period.
Research Methodology
The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Market Dynamics
Next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Segmentation
The global holmium market is segmented as type, application, and geography.
By Type
Oxide
Chloride
Metal
Carbonate
Others
By Application
Halide lamps
Optical fibre
Control rods
Phosphors
Others
By Geography
Asia-Pacific
Europe
North America
South America
Africa and Middle East
Market Players
Finally, competitive intelligence section deals with major players in the market, growth strategies, products, financials, and recent investment among others. Key industry players profiled as part of this section are Avalon Advanced Materials, Inc., Metall Rare Earth Limited, Canada Rare Earth Corporation, HEFA Rare Earth Canada Co., Ltd., and Baotou Iron and Steel (Group) Co., Ltd., among others.
Holmium has the ability to absorb fission-bred neutrons and is useful in keeping the atomic chain reaction under control in nuclear reactors. Holmium has remarkable magnetic properties, which makes it useful in alloys for the production of magnets and as a flux concentrator for magnetic fields. Moreover, holmium oxide provides yellow or red colouring for its use in cubic zircon and glass. Holmium components are used in solid-state lasers which have microwave applications and are useful in a variety of medical and dental settings. Furthermore, these components are used as a calibration standard for optical spectrophotometers, which are available commercially.
Growing investment in nuclear energy as an alternative to meet the energy demand, especially in the Asia Pacific region, will boost the demand for holmium. Moreover, the application of holmium components in lasers are useful in many surgery specialities, including urology, neurosurgery, and angioplasty and at various other medical setting is expected to boost the demand for holmium during the forecast period.
Research Methodology
The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Market Dynamics
Next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Segmentation
The global holmium market is segmented as type, application, and geography.
By Type
Oxide
Chloride
Metal
Carbonate
Others
By Application
Halide lamps
Optical fibre
Control rods
Phosphors
Others
By Geography
Asia-Pacific
Europe
North America
South America
Africa and Middle East
Market Players
Finally, competitive intelligence section deals with major players in the market, growth strategies, products, financials, and recent investment among others. Key industry players profiled as part of this section are Avalon Advanced Materials, Inc., Metall Rare Earth Limited, Canada Rare Earth Corporation, HEFA Rare Earth Canada Co., Ltd., and Baotou Iron and Steel (Group) Co., Ltd., among others.
1. INTRODUCTION
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. KEY FINDINGS OF THE STUDY
4. MARKET DYNAMICS
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations
4.8. Scenario Analysis
5. GLOBAL HOLMIUM MARKET FORECAST BY TYPE (US$ BILLION)
5.1. Introduction
5.2. Oxide
5.3. Chloride
5.4. Metal
5.5. Carbonate
5.6. Others
6. GLOBAL HOLMIUM MARKET FORECAST BY APPLICATION (US$ BILLION)
6.1. Introduction
6.2. Halide lamps
6.3. Optical fibre
6.4. Control rods
6.5. Phosphors
6.6. Others
7. GLOBAL HOLMIUM MARKET FORECAST BY GEOGRAPHY (US$ BILLION)
7.1. Introduction
7.2. Asia-Pacific
7.3. Europe
7.4. North America
7.5. South America
7.6. Africa and Middle East
8. COMPETITIVE INTELLIGENCE
8.1. Investment Analysis
8.2. Strategies of Key Players
8.3. Recent Investments and Deals
9. COMPANY PROFILES
9.1. Avalon Advanced Materials, Inc.
9.1.1. Overview
9.1.2. Financials
9.1.3. Product and Services
9.1.4. Key Developments
9.2. Great Western Minerals Group
9.2.1. Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4. Key Developments
9.3. Canada Rare Earth Corporation
9.3.1. Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Key Developments
9.4. Goodfellow Corporation
9.4.1. Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Key Developments
9.5. Inorganic Ventures, Inc.
9.5.1. Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Key Developments
9.6. Metall Rare Earth Limited
9.6.1. Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Key Developments
9.7. HEFA Rare Earth Canada Co., Ltd.
9.7.1. Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Key Developments
9.8. Baotou Iron and Steel (Group) Co., Ltd.
9.8.1. Overview
9.8.2. Financials
9.8.3. Products and Services
9.8.4. Key Developments
9.9. Pascal Technologies
9.9.1. Overview
9.9.2. Financials
9.9.3. Products and Services
9.9.4. Key Developments
9.10. Super Conductor Materials, Inc.
9.10.1. Overview
9.10.2. Financials
9.10.3. Products and Services
9.10.4. Key Development
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. KEY FINDINGS OF THE STUDY
4. MARKET DYNAMICS
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations
4.8. Scenario Analysis
5. GLOBAL HOLMIUM MARKET FORECAST BY TYPE (US$ BILLION)
5.1. Introduction
5.2. Oxide
5.3. Chloride
5.4. Metal
5.5. Carbonate
5.6. Others
6. GLOBAL HOLMIUM MARKET FORECAST BY APPLICATION (US$ BILLION)
6.1. Introduction
6.2. Halide lamps
6.3. Optical fibre
6.4. Control rods
6.5. Phosphors
6.6. Others
7. GLOBAL HOLMIUM MARKET FORECAST BY GEOGRAPHY (US$ BILLION)
7.1. Introduction
7.2. Asia-Pacific
7.3. Europe
7.4. North America
7.5. South America
7.6. Africa and Middle East
8. COMPETITIVE INTELLIGENCE
8.1. Investment Analysis
8.2. Strategies of Key Players
8.3. Recent Investments and Deals
9. COMPANY PROFILES
9.1. Avalon Advanced Materials, Inc.
9.1.1. Overview
9.1.2. Financials
9.1.3. Product and Services
9.1.4. Key Developments
9.2. Great Western Minerals Group
9.2.1. Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4. Key Developments
9.3. Canada Rare Earth Corporation
9.3.1. Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Key Developments
9.4. Goodfellow Corporation
9.4.1. Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Key Developments
9.5. Inorganic Ventures, Inc.
9.5.1. Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Key Developments
9.6. Metall Rare Earth Limited
9.6.1. Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Key Developments
9.7. HEFA Rare Earth Canada Co., Ltd.
9.7.1. Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Key Developments
9.8. Baotou Iron and Steel (Group) Co., Ltd.
9.8.1. Overview
9.8.2. Financials
9.8.3. Products and Services
9.8.4. Key Developments
9.9. Pascal Technologies
9.9.1. Overview
9.9.2. Financials
9.9.3. Products and Services
9.9.4. Key Developments
9.10. Super Conductor Materials, Inc.
9.10.1. Overview
9.10.2. Financials
9.10.3. Products and Services
9.10.4. Key Development
