Global Europium Market Overview:
Europium is the Most Reactive and Softest Chemical Element in the Lanthanide Series Elements. It is one of The Rarest of the Rare Earth Elements on the Earth. It Needs to be Stored under an Inert Fluid to Protect it from Atmospheric Oxygen or Moisture. It is White-Silvery in Appearance. Europium isnít Found Freely in Nature and is Derived from Other Rare Elements like Monazite and Bastnasite. It Is Highly Reactive with the Water. It Reacts Readily with Oxygen in the Air and Catches Fire Spontaneously. It Exists in Nature as Two Isotopes, Namely Europium-151 and Europium-153 Some of the key players profiled in the study are Avalon Advanced Materials (Canada), Rare Element Resources (United States), Canada Rare Earth Corp (Canada), Lynas Corporation (Malaysia), Neo Performance Materials (Canada), Indian Rare Earths (India), ACI Alloys (United States), American Elements (United States), Hastings Technology Metals (Australia) and Advanced Engineering Materials Limited (China).
On the basis of geography, the market of Europium has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Salt Form, the sub-segment i.e. Hydrous will boost the Europium market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Purity, the sub-segment i.e. Less than 99 Percent will boost the Europium market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rise in the Production of Nuclear Energy Requiring Europium as Control Rods Nuclear Reactor due to its Effectiveness in Absorbing Neutrons
- Usage of Europium in Euro Currency Notes for Tackling Counterfeiting of Notes
- Usage of Europium Owing to its Fluorescent Characteristics under Ultraviolet Light
- Stringent Government Regulations Associated with the Export of the Europium
- There is an Increased Opportunity for the Usage of the Europium in the Electronics Industry for Manufacturing Ultra-Thin Superconducting Alloys
- With The Rise in the Consumer Goods like LED and LCD Televisions, there are Increasing Prospects for The Usage of Europium as Phosphor, thus Promoting Market Expansion
- The Europium Market faces challenges due to limited availability of the Europium
The Market for the Europium is Concentrated with the Presence of a Low Number of Players. Owing to the Rising Applications of the Europium, There Are Growing Prospects for the New Players to Enter the Market
Target Audience:Manufacturers of Europium, Research and Development Units, Investors, Regulatory and Government Bodies and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Europium market on the basis of product [Powder, Wire, Rod and Others] , application [Semiconductors, Phospher, Nuclear Labs, Anti-Counterfeiting and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Europium market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Europium industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Europium market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.