Global Terbium Market - Industry Trends, Opportunities and Forecasts to 2023
The global terbium 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. Terbium is a rare earth metal which belongs to the lanthanide series of elements and is soft, silvery-white in colour, malleable, ductile and soft enough to be cut with a knife. Terbium has applications in phosphors, ceramics, magnets, and nuclear reactors among others.
Terbium and its compounds are used in green phosphors for flat-display televisions and fluorescent lamps. This element is also used in X-ray screens to make very clear pictures. Moreover, terbium has applications in the manufacturing of fuel cells, which can be a source of electricity. Due to malleability and ductility of terbium metal, it can be further processed to various shapes of ingots, pieces, wires, foils, slabs, rods, discs and powder.
The growing demand for flat-display television in the Asia Pacific region due to improvement in living standard, rising disposable income and better economic growth will drive the demand for the use of terbium and its wide range of applications. Increasing investment in civil infrastructure will boost the demand of terbium for its application in LEDs for the purpose of street lighting and highway lighting. Moreover, the use of terbium in the manufacturing of fuel cells for electricity generation will boost the demand for this element in the Asia Pacific region to fulfil the rising demand for electricity. However, the export restriction imposed by China on terbium is expected to weigh down the growing demand of terbium 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 terbium market is segmented as type, application, and geography.
By Type
Oxide
Metal
Acetate
Carbonate
Others
By Application
Phosphors
Ceramic
Electronics
Optical Glass
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.
Terbium and its compounds are used in green phosphors for flat-display televisions and fluorescent lamps. This element is also used in X-ray screens to make very clear pictures. Moreover, terbium has applications in the manufacturing of fuel cells, which can be a source of electricity. Due to malleability and ductility of terbium metal, it can be further processed to various shapes of ingots, pieces, wires, foils, slabs, rods, discs and powder.
The growing demand for flat-display television in the Asia Pacific region due to improvement in living standard, rising disposable income and better economic growth will drive the demand for the use of terbium and its wide range of applications. Increasing investment in civil infrastructure will boost the demand of terbium for its application in LEDs for the purpose of street lighting and highway lighting. Moreover, the use of terbium in the manufacturing of fuel cells for electricity generation will boost the demand for this element in the Asia Pacific region to fulfil the rising demand for electricity. However, the export restriction imposed by China on terbium is expected to weigh down the growing demand of terbium 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 terbium market is segmented as type, application, and geography.
By Type
Oxide
Metal
Acetate
Carbonate
Others
By Application
Phosphors
Ceramic
Electronics
Optical Glass
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 TERBIUM MARKET FORECAST BY TYPE (US$ BILLION)
5.1. Introduction
5.2. Oxide
5.3. Metal
5.4. Acetate
5.5. Carbonate
5.6. Others
6. GLOBAL TERBIUM MARKET FORECAST BY APPLICATION (US$ BILLION)
6.1. Introduction
6.2. Phosphors
6.3. Ceramic
6.4. Electronics
6.5. Optical Glass
6.6. Others
7. GLOBAL TERBIUM 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 TERBIUM MARKET FORECAST BY TYPE (US$ BILLION)
5.1. Introduction
5.2. Oxide
5.3. Metal
5.4. Acetate
5.5. Carbonate
5.6. Others
6. GLOBAL TERBIUM MARKET FORECAST BY APPLICATION (US$ BILLION)
6.1. Introduction
6.2. Phosphors
6.3. Ceramic
6.4. Electronics
6.5. Optical Glass
6.6. Others
7. GLOBAL TERBIUM 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
