Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the global size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.7% during the review period (2022 to 2027)
The increasing use of Rare Earth Phosphors in Lamp Industry, Display Industry, Special Light Industry and other businesses is driving the growth of the Rare Earth Phosphors market across the globe. The base year careful for the study is 2021, and the estimate period is among 2022 and 2027. Rare Earth Phosphors Market 2022 Research Report provides key analysis on the market status of the Rare Earth Phosphors builders with best facts and figures, meaning, meaning, SWOT analysis, expert views and the latest growths across the globe. The Report also compute the market size, Rare Earth Phosphors Sales, Price, Revenue, Gross Margin and Market Share, cost building and growth rate. The report delivers detailed info regarding the major factors swaying the growth of the Rare Earth Phosphors market. The report also gives a thorough overview of the Rare Earth Phosphors value chain and examines the market trends.Rare Earth Phosphors Market Share, Growth, Trends, Key Players, Emerging Technologies and Global Rare Earth Phosphors Industry Analysis from 2022 To 2027, Rare Earth Phosphors Market Industry, published by Market Growth Report offers comprehensive information on Over-all Rare Earth Phosphors Market
Top Key players in the Rare Earth Phosphors Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The companies referred in the market research report includes NICHIA, Mitsubishi Chemical Corporation, Intematix Corporation, DowDuPont, OSAM, TOKYO KAGAKU KENKYUSHO, Nemoto Lumi-Materials, APN Technology, TOSHIBA MATERIALS, Phosphor Technology, Shannxi Irico Ohosphor Material, Jiangmen Kanhoo Industry, Jiangsu Tiancai, Grirem Advanced Materials, Quzhou Aoshi Te Lighting, Shanghai Yuelong New Materials and others.
Oct. 6, 2021 :NICHIA launches High Power 200mW UV-C LED
NICHIA, the world’s largest LED manufacturer and inventor of the high-brightness blue and white LED, has begun mass production of another new high radiant flux UV-C LED to help target the inactivation and sterilization of various bacteria and viruses, specifically industrial water and air applications.
November 13, 2014: Intematix Corporation, a leading innovator of patented phosphor solutions for high-quality LED lighting, announced it ranked 341 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.
Rare Earth Phosphors Market is segmented based on the type, applications, companies and regions.
By Type, Rare Earth Phosphors Market has been segmented into
The end user’s industry application on Rare Earth Phosphors Market is,
Asia Pacific stood at USD 2,220.8 million in 2022. The region busy the dominant position in the market in 2022 and is probable to reservation its leading position throughout the forecast period. U.K, Germany, and France are the leading donors to the growth of the market in Europe. South America is branded by the cumulative mechanization and structure and construction activities in the region. In the Central East & Africa, the high request for rare earth metals is from oil and gas plants
Report Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 6.7% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | NICHIA, Mitsubishi Chemical Corporation, Intematix Corporation, DowDuPont, OSAM, TOKYO KAGAKU KENKYUSHO, Nemoto Lumi-Materials |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 115 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What was the value of the market in Asia Pacific in 2022?
In 2022, the Asia Pacific market value stood at USD 2,220.8 million.
Which is the leading segment in the market?
The magnets segment is expected to lead this market during the forecast period.
Who are the major players in this market?
Lynas Corporation, Arafura Resources, and Avalon Advanced Materials are the major players in the market.
Which factors are expected to drive the adoption of rare earth elements?
The increasing production of electric vehicles and the expansion of the metal industry are expected to drive the adoption.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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