Global Lutetium Oxide Market Growth 2023-2029

Global Lutetium Oxide Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Lutetium Oxide Industry Forecast” looks at past sales and reviews total world Lutetium Oxide sales in 2022, providing a comprehensive analysis by region and market sector of projected Lutetium Oxide sales for 2023 through 2029. With Lutetium Oxide sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lutetium Oxide industry.

This Insight Report provides a comprehensive analysis of the global Lutetium Oxide landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lutetium Oxide portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lutetium Oxide market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lutetium Oxide and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lutetium Oxide.

The global Lutetium Oxide market size is projected to grow from US$ 85 million in 2022 to US$ 150.7 million in 2029; it is expected to grow at a CAGR of 150.7 from 2023 to 2029.

At present, the global Lutetium Oxide market is dominated by Chinese enterprises. China is the world's largest production area of Lutetium Oxide. China accounted for 96% of the global production share.

China Minmetals Rare Earth is the world's largest producer. At present, the company holds 40% of the global production share.

This report presents a comprehensive overview, market shares, and growth opportunities of Lutetium Oxide market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

3N

4N

4.5N

Others

Segmentation by application

Glass and Ceramics

Laser Crystals

Catalyst

Alloy and Permanent Magnet Material

Optical Dopant and Phosphors

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Lutetium Oxide market?

What factors are driving Lutetium Oxide market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Lutetium Oxide market opportunities vary by end market size?

How does Lutetium Oxide break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.