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Lanthanum Market Overview:
Lanthanum Market size is estimated to reach USD $ 670 Million by 2030, growing at a CAGR of 12.0% during the forecast period 2023-2030. Lanthanum a soft, silvery-white, ductile, and malleable metal, undergoes a natural tarnishing process when exposed to air over time. Found in sediment alongside cerium and various other rare earth elements, it's one of nature's offerings in abundance. Lanthanum serves a multitude of purposes, including its role as a glass additive, a catalyst, an essential component in lighter and torch ignition systems, a crucial material for electron cathodes, and a key ingredient in scintillators.
The growth of the lanthanum market is being driven by a number of factors, including the increasing demand for batteries for electric vehicles and renewable energy storage systems, the growing use of catalysts in the automotive and petroleum industries, and the increasing demand for magnets in the electronics and aerospace industries.
China is the world's largest producer of lanthanum, accounting for over 62% of global production. Other major producers of lanthanum include Australia, the United States, and Russia. The lanthanum market is expected to remain competitive in the coming years, with a number of companies expanding their production capacity. However, the market is also expected to be constrained by factors such as the limited availability of lanthanum reserves and the high cost of production.
lanthanum market is shaped by ever-changing factors such as the interplay between supply and demand, technological progress, regulatory conditions, and market rivalry. Those involved in the market must vigilantly track these dynamics and adjust their strategies to maintain their market standing and seize emerging prospects.
Market Snapshot:
Lanthanum Market - Report Coverage:
“Lanthanum Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Lanthanum Market.
Lanthanum Market - Top Trends
The increasing demand for batteries for electric vehicles and renewable energy storage systems: Lanthanum is used in the production of lithium-ion batteries, which are the most common type of battery used in electric vehicles and renewable energy storage systems. The increasing demand for electric vehicles and renewable energy is driving the demand for lanthanum.
The growing use of catalysts in the automotive and petroleum industries: Lanthanum is used as a catalyst in a variety of applications, including the production of gasoline and diesel fuel, the refining of petroleum products, and the control of emissions from vehicles. The growing demand for automotive and petroleum products is driving the demand for lanthanum.
The increasing demand for magnets in the electronics and aerospace industries: Lanthanum is used in the production of magnets, which are used in a variety of applications, including electronic devices, motors, and generators. The increasing demand for electronics and aerospace products is driving the demand for lanthanum.
Growing demand for lanthanum in ceramics: Lanthanum is used in a variety of ceramic applications, including solid oxide fuel cells (SOFCs), oxygen ion conducting electrodes, and optical materials. The growing demand for SOFCs and other advanced ceramics is expected to boost the demand for lanthanum in the coming years.
Government initiatives to promote the use of renewable energy: Governments around the world are promoting the use of renewable energy sources, such as solar and wind power. Renewable energy technologies, such as solar panels and wind turbines, use lanthanum in their components. The increasing adoption of renewable energy is expected to boost the demand for lanthanum in the coming years.
Lanthanum Market - Company Analysis
ALB Materials: ALB Materials is a global leader in the production and supply of specialty chemicals and materials. The company produces a wide range of lanthanum compounds, including lanthanum nitrate, lanthanum chloride, and lanthanum oxide. ALB Materials' lanthanum compounds are used in a variety of applications, including catalysts, ceramics, and electronics.
American Elements: American Elements is a leading manufacturer and supplier of high-purity chemicals and metals. The company produces a variety of lanthanum compounds, including lanthanum metal, lanthanum oxide, and lanthanum nitrate. American Elements' lanthanum compounds are used in a variety of research and development applications, as well as in commercial products such as catalysts, batteries, and optical glass.
Avalon Advanced Materials: Avalon Advanced Materials is a Canadian company that produces and supplies high-purity rare earth elements and compounds. The company produces a variety of lanthanum compounds, including lanthanum oxide, lanthanum chloride, and lanthanum nitrate. Avalon Advanced Materials' lanthanum compounds are used in a variety of applications, including catalysts, ceramics, and electronics.
HEFA Rare Earth Canada Co. Ltd: HEFA Rare Earth Canada Co. Ltd is a Canadian company that produces and supplies high-purity rare earth elements and compounds. The company produces a variety of lanthanum compounds, including lanthanum oxide, lanthanum chloride, and lanthanum nitrate. HEFA Rare Earth Canada Co. Ltd's lanthanum compounds are used in a variety of applications, including catalysts, ceramics, and electronics.
Stanford Advanced Materials: Stanford Advanced Materials is a leading supplier of high-purity chemicals and materials for research and development applications. The company produces a variety of lanthanum compounds, including lanthanum metal, lanthanum oxide, and lanthanum nitrate. Stanford Advanced Materials' lanthanum compounds are used in a variety of research areas, including materials science, catalysis, and energy storage.
Blue Line Corp: Blue Line Corp is a leading supplier of high-purity chemicals and materials for industrial applications. The company produces a variety of lanthanum compounds, including lanthanum oxide, lanthanum chloride, and lanthanum nitrate. Blue Line Corp's lanthanum compounds are used in a variety of industrial applications, including catalysts, ceramics, and electronics.
Metall Rare Earth: Metall Rare Earth is a Chinese company that produces and supplies high-purity rare earth elements and compounds. The company produces a variety of lanthanum compounds, including lanthanum oxide, lanthanum chloride, and lanthanum nitrate. Metall Rare Earth's lanthanum compounds are used in a variety of applications, including catalysts, ceramics, and electronics.
Lynas Corporation: Lynas Corporation is an Australian company that produces and supplies rare earth elements and compounds. The company produces a variety of lanthanum compounds, including lanthanum oxide, lanthanum chloride, and lanthanum nitrate. Lynas Corporation's lanthanum compounds are used in a variety of applications, including catalysts, ceramics, and electronics.
Noah Chemicals: Noah Chemicals is a Chinese company that produces and supplies high-purity chemicals and materials. The company produces a variety of lanthanum compounds, including lanthanum oxide, lanthanum chloride, and lanthanum nitrate. Noah Chemicals' lanthanum compounds are used in a variety of applications, including catalysts, ceramics, and electronics.
Baotou Rare Earth R&D Center Chinese Academy of Sciences : Baotou Rare Earth R&D Center Chinese Academy of Sciences is a Chinese research and development institute that specializes in rare earth elements and compounds. The center produces a variety of lanthanum compounds, including lanthanum oxide, lanthanum chloride, and lanthanum nitrate. Baotou Rare Earth R&D Center Chinese Academy of Sciences' lanthanum compounds are used in a variety of research and development applications, as well as in commercial products such as catalysts, batteries, and optical glass.
Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies players in the Lanthanum Market adopt. The top 10 companies in Lanthanum Market are listed below:
- ALB Materials
- American Elements
- Avalon Advanced Materials
- HEFA Rare Earth Canada Co. Ltd
- Stanford Advanced Materials
- Blue Line Corp
- Metall Rare Earth
- Lynas Corporation
- Noah Chemicals
- Baotou Rare Earth R&D Center Chinese Academy of Sciences
Scope of the Report:
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1. Lanthanum Market Overview
1.1 Definitions and Scope
2. Lanthanum Market – Executive Summary
3. Lanthanum Market – Market Landscape
3.1 Company Benchmarking – Key Companies
3.2 Key Company Financial Analysis
3.3 Market Size Analysis – Key Companies
3.4 Patent Analysis
3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Lanthanum Market – Startup Company Scenario
4.1 Investment
4.2 Revenue
4.3 Venture Capital and Funding Scenario
5. Lanthanum Market – Market Entry Scenario Premium
5.1 Regulatory Scenario
5.2 New Business and Ease of Doing business index
5.3 Case Studies of Successful Ventures
6. Lanthanum Market – Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Porter’s Five Force Model
6.3.1 Bargaining Power of Suppliers
6.3.2 Bargaining Powers of Customers
6.3.3 Threat of New Entrants
6.3.4 Rivalry Among Existing Players
6.3.5 Threat of Substitutes
7. Lanthanum Market – Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Market Life Cycle Analysis
8. Lanthanum Market – By Type (Market Size - $Million/$Billion)
8.1 Metal
8.1.1 Market Trends by Region
8.1.2 Market Size & Forecast by Region
8.2 Compounds
8.2.1 Market Trends by Region
8.2.2 Market Size & Forecast by Region
8.3 Alloys
8.3.1 Market Trends by Region
8.3.2 Market Size & Forecast by Region
8.4 Others
8.4.1 Market Trends by Region
8.4.2 Market Size & Forecast by Region
9. Lanthanum Market – By Form (Market Size - $Million/$Billion)
9.1 Lanthanum oxide
9.1.1 Market Trends by Region
9.1.2 Market Size & Forecast by Region
9.2 Lanthanum chloride
9.2.1 Market Trends by Region
9.2.2 Market Size & Forecast by Region
9.3 lanthanum boride
9.3.1 Market Trends by Region
9.3.2 Market Size & Forecast by Region
9.4 lanthanum acetate
9.4.1 Market Trends by Region
9.4.2 Market Size & Forecast by Region
9.5 lanthanum carbonate
9.5.1 Market Trends by Region
9.5.2 Market Size & Forecast by Region
9.6 Others
9.6.1 Market Trends by Region
9.6.2 Market Size & Forecast by Region
10. Lanthanum Market – By Application (Market Size - $Million/$Billion)
10.1 Filament Glass Coatings
10.1.1 Market Trends by Region
10.1.2 Market Size & Forecast by Region
10.2 Fluidic Catalytic Cracking (FCC) Catalysts
10.2.1 Market Trends by Region
10.2.2 Market Size & Forecast by Region
10.3 Hydrogen Storage
10.3.1 Market Trends by Region
10.3.2 Market Size & Forecast by Region
10.4 Battery and Non-Battery Alloys
10.4.1 Market Trends by Region
10.4.2 Market Size & Forecast by Region
10.5 Electrical and Electronics
10.5.1 Market Trends by Region
10.5.2 Market Size & Forecast by Region
10.6 Others
10.6.1 Market Trends by Region
10.6.2 Market Size & Forecast by Region
11. Lanthanum Market – By End User (Market Size - $Million/$Billion)
11.1 Automotive
11.1.1 Market Trends by Region
11.1.2 Market Size & Forecast by Region
11.2 Electronics
11.2.1 Market Trends by Region
11.2.2 Market Size & Forecast by Region
11.3 Chemicals
11.3.1 Market Trends by Region
11.3.2 Market Size & Forecast by Region
11.4 Energy
11.4.1 Market Trends by Region
11.4.2 Market Size & Forecast by Region
11.5 Others
11.5.1 Market Trends by Region
11.5.2 Market Size & Forecast by Region
12. Lanthanum Market – by Geography (Market Size - $Million/$Billion)
12.1 North America
12.1.1 U.S.
12.1.2 Canada
12.1.3 Mexico
12.2 Europe
12.2.1 Germany
12.2.2 France
12.2.3 U.K.
12.2.4 Italy
12.2.5 Spain
12.2.6 Russia
12.2.7 Rest of Europe
12.3 Asia-Pacific
12.3.1 China
12.3.2 Japan
12.3.3 South Korea
12.3.4 India
12.3.5 Australia & New Zealand
12.3.6 Rest of Asia-Pacific
12.4 South America
12.4.1 Brazil
12.4.2 Argentina
12.4.3 Chile
12.4.4 Colombia
12.4.5 Rest of South America
12.5 Rest of the World
12.5.1 Middle East
12.5.2 Africa
13 Lanthanum Market – Market Entropy
13.1 New product launches
13.2 M&A’s, collaborations, JVs and partnerships
14. Lanthanum Market – Industry Competition Landscape
14.1 Market Size Analysis
14.1.1 Market Size by Technology – Key Companies
14.1.2 Market Size by Country – Key Companies
14.1.3 Market Size by Region – Key Companies
14.2 Competition Matrix
14.3 Best Practices for Companies
15. Lanthanum Market – Key Company List by Country Premium
16. Lanthanum Market – Company Analysis
16.1 ALB Materials
16.2 American Elements
16.3 Avalon Advanced Materials
16.4 HEFA Rare Earth Canada Co. Ltd
16.5 Stanford Advanced Materials
16.6 Blue Line Corp
16.7 Metall Rare Earth
16.8 Lynas Corporation
16.9 Noah Chemicals
16.10 Baotou Rare Earth R&D Center Chinese Academy of Sciences
16.11 Star Earth Minerals Pvt Ltd.
16.12 Beijing Cerametek Materials
16.13 Haihang Industry
16.14 Mil-Spec Industries
16.15 Sigma-Aldrich
16.16 Others.
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Lanthanum Market is forecast to grow at 12 % CAGR during the forecast period 2023-2030.
Lanthanum Market size is projected to reach USD $670 Million by 2030.
Top Companies in the Lanthanum Market are ALB Materials, American Elements, Avalon Advanced Materials, HEFA Rare Earth Canada Co. Ltd, Stanford Advanced Materials and others.