Title: Gadolinium Market Report – Forecast (2022-2027)
1Gadolinium MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022-2027
Contact Venkat Reddy sales_at_industryarc.com
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- The Gadolinium Market size is estimated to reach
US311.6 million by 2027, after growing at a CAGR
of 5.1 during the forecast period 2022-2027. - Gadolinium, a silvery-white metal, is a ductile
rare-earth element with superior metallurgical
properties. It can significantly enhance the
resistance and workability to oxidation at high
temperatures of chromium, iron and other similar
metals. - It slowly reacts with atmospheric oxygen or
moisture, forming a black coating. Gadolinium can
be utilized as a rare earth metal or a salt that
absorbs neutrons over other lanthanides.
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- Key Takeaways
- North America dominated the Gadolinium Market,
owing to the medical device industry growth in
the region. For instance, according to the
Government of Canada, in 2020, the medical device
market in Canada was valued at US7.5 billion in
2020. Diagnostic imaging held a major share (21)
of Canada's medical device market. - The increasing research development associated
with Gadolinium would create an opportunity for
market growth during the forecast period of
2022-2027. - However, the high cost of Gadolinium may restrict
the growth of the Gadolinium industry in the
upcoming years.
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Gadolinium Market Segment Analysis by Geography
North America is the dominating region as it
held the largest Gadolinium Market share of up to
35 in 2021. In studies such as the Global
Competitiveness Report, Ease of Doing Business
Index and others, North American countries ranks
among the top-performing economies. Thus, the
prospering business environment is propelling the
growth of various industries, including medical
healthcare, nuclear power generation and more.
The surging research development, investments,
government initiatives and other factors are
driving the growth of the medical healthcare
industry in the North American region.
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- Gadolinium Industry Outlook
- Solvay
- NEO Performance Materials
- Rainbow Rare Earths Limited
- Metall Rare Earth Limited
- HEFA Rare Earth Canada Co. Ltd.
- Goodfellow Corpration
- GFS Chemicals, Inc.
- All-Chemie, Ltd
- Pascal Technologies, Inc.
- Fredericksburg
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Gadolinium Market Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Report/15867/gadolini
um-market.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
- Purchase Full Report _at_ https//www.industryarc.com
/purchasereport.php?id15867
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
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