Global Deuterium Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Deuterium Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A deuterium atom is an isotope of hydrogen with a nucleus containing one proton and one neutron. A deuterium ion has the symbol D or H-D. Deuterium gas can be used as fuel for nuclear fusion, and it also has applications in process industries such as hydrocracking, chemical manufacturing (catalytic refining), polymer production, water desalination plants, electrically heated glass industry furnaces which are capable of processing molten metal into pure iron alloys at temperatures up to 1100 degrees Celsius.

Market Overview:

The latest research study on the global Deuterium market finds that the global Deuterium market reached a value of USD 194.38 million in 2022. It’s expected that the market will achieve USD 285.0 million by 2028, exhibiting a CAGR of 6.59% during the forecast period.

Energy conservation and emission reduction

In order to call for and cope with the energy crisis, but also to meet the human demand for efficient and clean energy, the deuterium industry in the manufacturing, use, etc., tend to save energy and reduce emissions. Deuterium consumes a lot of energy in the manufacture process of heavy water, and will discharge harmful substances such as sulfur, which is a threat to the environment. In recent years, leading companies in the industry have upgraded their manufacturing processes to reduce energy consumption and emissions. Isowater, for example, has developed a D2X process that enables the production of marketable heavy water with zero emissions. In addition to the production of heavy water requires huge energy consumption, the process of heavy water electrolysis to produce deuterium gas is also huge energy consumption. Researchers are also studying how to reduce the energy consumption of electrolytic reactions and efficient reactions. Nuclear reactor waste is one of the limiting factors for the development of nuclear energy, because of the strong radioactivity of nuclear reactor waste, there is no effective means at present, only through the means of burial. In addition to the production of heavy water by vulcanization reaction, heavy water can also be recovered from nuclear reactor waste to achieve cycle production. Therefore, for the industry, energy conservation and emission reduction is the future trend.

Region Overview:

North America is projected to account for a considerable share of the Deuterium market and is expected to become the largest region by 2028.

Company Overview:

Linde Gas is one of the major players operating in the Deuterium market, holding a share of 39.30%
% in 2023.

Linde Gas

Linde plc is an Irish-domiciled multinational chemical company formed by the merger of Linde AG of Germany (founded in 1879) and Praxair of the United States. It is the world's largest industrial gas company by market share as well as revenue.

Praxair

Praxair, Inc. was an American worldwide industrial gases company. It was the largest industrial gases company in North and South America, and the third-largest worldwide by revenue. In 2018 it merged with Linde AG to form Linde plc.

Segmentation Overview:

Among different product types, 5N Рurіtу Dеutеrіum Gаѕ segment is anticipated to contribute the largest market share in 2028.

5N Purity Deuterium Gas Deuterium gas is classified according to different purity levels.5N Рurіtу Dеutеrіum Gаѕ means that the purity of deuterium gas reaches 99.999%. 4N Рurіtу Dеutеrіum Gаѕ means that the purity of deuterium gas reaches 99.99%.

4N Purity Deuterium Gas

Application Overview:

By application, the Electronics Industry segment occupied the biggest share from 2018 to 2022.

Nuclear Industry Deuterium was initially mainly used in military research, such as nuclear energy industry, nuclear weapons, etc. Deuterium gas is the most important raw material for making hydrogen bombs and neutron bombs, and it can now be used in nuclear fusion reactions.

Electronics Industry Deuterium is mainly used in the Pharmaceutical Industry in the field of biomedicine, and trace amounts of molecules can be used to study reaction rates and reaction mechanisms.
Pharmaceutical Industry Production of heavy hydrogen-containing compounds in the chemical field.
Chemical Industry In the electronics industry such as semiconductors, flat panel displays, and solar cells, hydrogen is replaced in silicon sintering or annealing processes.
Others In addition to the above several fields, deuterium can also be used in optical fiber materials, special lamp sources and other fields.

Key Companies in the global Deuterium market covered in Chapter 3:

deutraMed Inc
Huate Gas
Electronic Fluorocarbons LLC
PERIC Special Gases co.,Ltd
MATHESON
Shenzhen Kylin Technology
Linde Gas
Foshan Zhicheng Gas

In Chapter 4 and Chapter 14.2, on the basis of types, the Deuterium market from 2018 to 2029 is primarily split into:

5N Рurіtу Dеutеrіum Gаѕ
4N Рurіtу Dеutеrіum Gаѕ

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Deuterium market from 2018 to 2029 covers:

Nuclear Industry
Pharmaceutical industry
Chemical Industry
Electronics Industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)