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Global Yttrium Market

  • Published Date: 21 Jun 2018
  • Number of Pages: 222
  • Category: Materials
  • Country: Global
Yttrium is an element with symbol Y and atomic weight 39. It is classified as a rare earth element. Yttrium-oxide, is the major ore and primary source in producing Yttrium and various compounds and alloys. It is produced in small quantities in few regions across the world. Few other minerals like gadolinite, xenotime, samarskite, euxenite, fergusonite, yttrotantalite, yttrotungstite, and yttrialite are source of yttrium.Yttrium is becoming an integral part in major commercial and industrial sectors because of its applications. It has qualities like, good electrical conductivity, creep resistant properties, light weight, and heat stabilizing.


Owing to its superior physical properties, it has wide range of applications in various industries. It is used in ceramic and consumer electronics manufacturing. It is also used in automotive industry in Defense and aerospace. It is also used in Healthcare and a few other industries.

Market Dynamics

This market is majorly driven by its usage in ceramic industry and increase in demand for flat panel displays. Also, demand increase for green vehicles is driving growth for this market. But major threat is all minerals and ores from which this is extracted, are concentrated in few parts of the world especially in China, which limits the potential for this market.

Market Segmentation

Yttrium market is segmented based on products and application. Based on types of products, it is segmented into three categories namely, Alloys, Metals and Compounds. Based on applications, it is segmented into, ceramics, electronic industry, metallurgical and others.

Regional/Geographic Analysis

As most of the ores, from which Yttrium is extracted, are concentrated in China, it dominates the global market in terms of supply and controls major production. Usage is pretty much high in almost all countries especially in developed countries present in Europe and North America as usage of ceramic and electronics are high in that region.


There is a high demand for yttrium as it is used in flat displays and ceramic ware, market is highly controlled by supply side. It has huge potential in China as an abundance of material is available there. Also with the increased awareness among people about plastic and high demand for flat displays in various electronic devices, the demand for yttrium is projected to grow in the next few years.

Key Players

Following are some key players in global yttrium market Chengdu Haoxuan Technology Co. Ltd. China Rare Earth Co. Ltd. Double Park International Corporation Ganzhou Hong De New Technology Development Ltd. Co. Goring Rare Earth Corporation Limited Inner Mongolia Nonferrous Mining Co. Ltd

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe

> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe

> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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