The global Lutetium Resources market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global key manufacturers of Lutetium Resources include Goodfellow Corporation, American Elements, Materion Corporation, Treibacher Industrie AG, Noah Technologies Corporation, Stanford Advanced Materials, Rare Earth Salts, China Rare Earth Resources And Technology and Advanced Technology Materials, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Lutetium is a chemical element with the symbol Lu and atomic number 71. It is a rare earth metal that is typically found in small amounts in minerals such as monazite and xenotime. Lutetium is the last element in the lanthanide series, and as such, it is the rarest and most expensive of all the rare earth metals.
Lutetium has several important uses in industry and research. It is used as a catalyst in various chemical reactions, as well as in the production of specialty glasses and ceramics. Lutetium-176 is also used as a radioactive tracer in medical imaging studies, particularly for bone scans and prostate cancer imaging.
In recent years, there has been increasing interest in the potential use of lutetium as a material for nuclear reactor control rods. Lutetium-based control rods have the potential to improve the safety and efficiency of nuclear reactors, and several countries, including China and the United States, have been investing in research and development in this area.
Due to its rarity and importance in various industries, lutetium resources are considered to be a valuable commodity. However, it is worth noting that the global reserves of lutetium are relatively small, and as such, efforts are underway to develop more efficient methods for extracting and recycling lutetium to meet growing demand.
This report aims to provide a comprehensive presentation of the global market for Lutetium Resources, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lutetium Resources. This report contains market size and forecasts of Lutetium Resources in global, including the following market information:
- Global Lutetium Resources Market Revenue, 2019-2024, 2025-2030, ($ millions)
- Global Lutetium Resources Market Sales, 2019-2024, 2025-2030, (Tons)
- Global top five Lutetium Resources companies in 2023 (%)
Total Market by Segment:
Global Lutetium Resources Market, by Type, 2019-2024, 2025-2030 ($ Millions) (Tons)
Global Lutetium Resources Market Segment Percentages, by Type, 2023 (%)
- Lutetium Salt
- Lutetium Metal
- Others
Global Lutetium Resources Market Segment Percentages, by Application, 2023 (%)
- Electronic Conductors
- Medical Industry
- Nuclear Energy
- Others
Global Lutetium Resources Market Segment Percentages, By Region and Country, 2023 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
The report also provides analysis of leading market participants including:
- Key companies Lutetium Resources revenues in global market, 2019-2024 (Estimated), ($ millions)
- Key companies Lutetium Resources revenues share in global market, 2023 (%)
- Key companies Lutetium Resources sales in global market, 2019-2024 (Estimated), (Tons)
- Key companies Lutetium Resources sales share in global market, 2023 (%)
- Goodfellow Corporation
- American Elements
- Materion Corporation
- Treibacher Industrie AG
- Noah Technologies Corporation
- Stanford Advanced Materials
- Rare Earth Salts
- China Rare Earth Resources And Technology
- Advanced Technology Materials
- Qiandong Group
- Shanghai Heli Rare Earth Group
- Grirem Advanced Materials
- Huizhou Tuopu Metal Materials
- Chinalco Guangxi Nonferrous Rare-Earth Developmen (China Rare Metals and Rare Earths Company Limited)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Lutetium Resources, market overview.
Chapter 2: Global Lutetium Resources market size in revenue and volume.
Chapter 3: Detailed analysis of Lutetium Resources manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Lutetium Resources in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Lutetium Resources capacity by region country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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