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 HNY 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.

By Market Verdors:

Treibacher

China Minmetals Rare Earth

Longyi Heavy Rare-Earth

Ganzhou Rare Earth Mineral Industry

Ganzhou Qiandong Rare Earth Group

Chenguang Rare Earth

Jiangyin Jiahua Advanced Material Resouces

Jiangsu Guosheng Rare-earth

Gansu Rare Earth New Material

Yongxing Chemical Industry

By Types:

3N

4N

4.5N

By Applications:

Glass and Ceramics

Laser Crystals

Catalyst

Alloy and Permanent Magnet Material

Optical Dopant and Phosphors

Key Indicators Analysed

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 market’s 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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