Global Thorium Market Growth 2023-2029

Global Thorium Market Growth 2023-2029

Thorium a lustrous radioactive element with the highest temperature of 3,000 degrees has been acknowledged as an interesting resource on the planet.

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

This Insight Report provides a comprehensive analysis of the global Thorium 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 Thorium portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Thorium market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thorium 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 Thorium.

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

The global thorium market was boosted with the rising applications in the production of nuclear fuel.

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

Market Segmentation:

Segmentation by type
Powder Form
Granular Form

Segmentation by application
Gas Mantles
Electronic Equipment Coating
Refractory Material Manufacturing
Camera lens/Scientific Instrument
Nuclear Reactor
Heat Resistant Ceramics

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.
ARAFURA Resources
Blackwood
Crossland Uranium Mines
Kimberley Rare Earths Metal
Navigator Resources
Western Desert Resources
Steenkampskraal Thorium
Namibia Rare Earth

Key Questions Addressed in this Report

What is the 10-year outlook for the global Thorium market?

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

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

How do Thorium market opportunities vary by end market size?

How does Thorium 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.