Terbium Hydroxide Market Insights, Forecast to 2028

Terbium Hydroxide Market Insights - 2028

Due to the COVID-19 pandemic, the global Terbium Hydroxide market size is estimated to be worth USD million in 2022 and is forecast to a readjusted size of USD million by 2028 with a CAGR of % during the review period.

Fully considering the economic change by this health crisis, Purity 99% accounting for % of the Terbium Hydroxide global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Laser segment is altered to an % CAGR throughout this forecast period.

Terbium Hydroxide also called Terbium Hydrate, has important role as an activator for green phosphors used in colour TV tubes, is also used in special lasers and as a dopant in solid-state devices. Terbium 'green' phosphors (which fluoresce a brilliant lemon-yellow) are combined with divalent Europium blue phosphors and trivalent Europium red phosphors to provide the 'trichromatic' lighting technology which is by far the largest consumer of the world's Terbium supply. Trichromatic lighting provides much higher light output for a given amount of electrical energy than does incandescent lighting. It is also used in alloys and in the production of electronic devices.

Terbium Hydroxide Market Analysis

China Terbium Hydroxide market size is valued at US$ million in 2021, while the US and Europe Terbium Hydroxide are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period.

As for the Europe Terbium Hydroxide landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.

The global key manufacturers of Terbium Hydroxide include American Elements, ALB Materials Inc and METALL RARE EARTH LIMITED, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

In terms of production side, this report researches the Terbium Hydroxide capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Terbium Hydroxide by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Terbium Hydroxide Market Scope and Segment

Terbium Hydroxide market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Terbium Hydroxide market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Segment by Type

• Purity 99%
• Purity 99.9%
• Purity 99.99%
• Purity 99.999%

Segment by Application

• Laser
• TV Tube
• Chemical Industry
• Laboratory
• Others

By Company

• American Elements
• ALB Materials Inc
• METALL RARE EARTH LIMITED

Production By Region

• North America
• Europe
• China
• Japan

Consumption By Region

• North America
• United States
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE