Gadolinium Market- Growth, Trends, COVID-19 Impact and Forecasts (2024-2030)

Gadolinium Market was valued at US$ 6.07 Bn. in 2023. Global Gadolinium Market size is estimated to grow at a CAGR of 5.1 % over the forecast period.

Gadolinium Market Overview:

Gadolinium is a broadly used element as a disparity agent to enlarge the MRI imaging. This metal is both malleable and ductile, and it is also soft, bright, and silvery in texture. The small quantity of gadolinium can improve the resistance and oxidation of alloy in iron. It is also used as green phosphorus color in color television picture tubes and it is also used in microwaves. Medical equipment, MRI, and diagnosis of cancerous tumors, it is being used for them also for the making of magnets, storage disk, etc. The report explores the market's segments (Type, Interferometer Type, Application, End-User, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2021. The report investigates the market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the market's contemporary competitive scenario.Gadolinium MarketTo know about the Research Methodology:-Request Free Sample Report

Gadolinium Market Dynamics:

An increase in disposable income and technologies will drive the market for gadolinium in the forecasted period. it is considered a rare-earth metal, but demand-supply for this metal is increasing rapidly due to its higher usage in the healthcare industry. Agreeable government policies and purchasing capacity for gadolinium is influenced the market growth and will expand the market in the forecasted period. The factors which will threaten the growth of the market are a lack of technical experts and high fluctuation of raw material costs. It is extracted from oxide and salts by heating with calcium at 2640 degrees Celsius. In 2021, the price of iron oxide is U.S.$1.58 per kilogram, and in 2021, the average price of iron oxide is U.S.$0.70 per kilogram. During the COVID-19 pandemic, the supply chain activities have been affected, which is why the market has gone down in the market but it is expected to grow in the forecasted period. Launching new products with high technologies will create an opportunity for the key players as well as for the market growth. Key players are expanding the industry in the other regions as well and making a good position in the established market. This will increase the size of the market in the forecasted period. The factors which will hamper the market growth In the upcoming years develop privacy and a strong security market and agreements to secure the flow of demand and supply of gadolinium.

Gadolinium Market Segment Analysis:

Based on Type, the Gadolinium Market is segmented into Gadolinium Acetate, Gadolinium Oxide, Gadolinium Nitrate, and Gadolinium Chloride. Gadolinium oxide is dominate the market gadolinium because of the high purity of gadolinium specialties for various applications like medical applications and nuclear applications. In medical gadolinium oxide is used as a contrast agent for MRI technology, and accompaniment of the scan clarity. According to the WHO recommendation, the product should consist of very high purity (99.99%), tight specifications, and should be Good Manufacturing Practices (GMP) certified. In Nuclear applications, it is used as a reaction control agent in nuclear fuel pellets or rods, to restrict the reactivity and enable longer fuel life. Based on Application, the Gadolinium Market is segmented into Electronic, Medical Equipment, Nuclear reactors, and Imaging Agents. Medical equipment is dominating the market for gadolinium during the forecasted period. Because it is used as a contrast medium by doctors to improve the visibility of the human internal body. growing investment in nuclear energy will boost the market in the forecasted period. In neutron therapy, it is used to target because it has a high neutron cross-section. This element is powerful for use with neutron radiography and in protectors of nuclear reactors. It is highly used as a nuclear power reactor in nuclear power plants as control rods.

Gadolinium Market Regional Insights:

The North American region is expected to witness significant growth at a CAGR of 6.2% through the forecast period. The North American region is dominated the gadolinium market by 2023 because of the advanced technology and higher user of gadolinium in medical equipment. APAC region has also driven the market of gadolinium market because of the increase in the demand for nuclear energy, in Japan and China. And also, because the potential of an energy crisis grows, many economies boosted their investment in the nuclear energy sector.in Europe, because of the rapid exhaustion of renewable resources, consumers are moving toward sustainable resources. This will boost the market in the forecasted period. The objective of the report is to present a comprehensive analysis of the global Gadolinium Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Gadolinium Market dynamic, and structure by analyzing the market segments and projecting the Gadolinium Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Gadolinium Market make the report investor’s guide.

Gadolinium Market Scope: Inquire before buying

Gadolinium Market
Base Year 2023 Forecast Period 2024-2030
Historical Data CAGR Market Size in 2023 Market Size in 2030
2018 to 2023 5.1% US$ 6.07 Bn US$ 8.60 Bn
Segments Covered
by Type Gadolinium Acetate Gadolinium oxide Gadolinium chloride Gadolinium nitrate by Application Electronics Medical equipment Nuclear reactors Imaging agents
Regions Covered
North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America

Gadolinium Market Key Players

• Goodfellow Corporation • GFS Chemicals, Inc. • All- Chemie, Ltd. • Pascals Technologies, Inc. • Fredericksburg • VA Alfa Chemical Corporation • Molycorp • Super Conductor Materials, Inc. • Inorganic Ventures • Molycorp Corporation • Canada Rare Earth Corporation • HEFA rare Earth Canada co., Ltd. Frequently Asked Questions: 1. Which region has the largest share in Global Gadolinium Market? Ans: North America region held the highest share in 2023. 2. What is the growth rate of Global Gadolinium Market? Ans: The Global Gadolinium Market is growing at a CAGR of 5.1% during forecasting period 2024-2030 3. What is scope of the Global Gadolinium Market report? Ans: Global Gadolinium Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Gadolinium Market? Ans: The important key players in the Global Gadolinium Market are – Goodfellow Corporation, GFS Chemicals, Inc., All- Chemie, Ltd., Pascals Technologies, Inc., Fredericksburg, VA Alfa Chemical Corporation, Molycorp, Super Conductor Materials, Inc., Inorganic Ventures, Molycorp Corporation, Canada Rare Earth Corporation, HEFA rare Earth Canada co., and Ltd. 5. What is the study period of this Market? Ans: The Global Gadolinium Market is studied from 2023 to 2030
1. Gadolinium Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Gadolinium Market: Dynamics 2.1. Gadolinium Market Trends by Region 2.1.1. North America Gadolinium Market Trends 2.1.2. Europe Gadolinium Market Trends 2.1.3. Asia Pacific Gadolinium Market Trends 2.1.4. Middle East and Africa Gadolinium Market Trends 2.1.5. South America Gadolinium Market Trends 2.2. Gadolinium Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Gadolinium Market Drivers 2.2.1.2. North America Gadolinium Market Restraints 2.2.1.3. North America Gadolinium Market Opportunities 2.2.1.4. North America Gadolinium Market Challenges 2.2.2. Europe 2.2.2.1. Europe Gadolinium Market Drivers 2.2.2.2. Europe Gadolinium Market Restraints 2.2.2.3. Europe Gadolinium Market Opportunities 2.2.2.4. Europe Gadolinium Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Gadolinium Market Drivers 2.2.3.2. Asia Pacific Gadolinium Market Restraints 2.2.3.3. Asia Pacific Gadolinium Market Opportunities 2.2.3.4. Asia Pacific Gadolinium Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Gadolinium Market Drivers 2.2.4.2. Middle East and Africa Gadolinium Market Restraints 2.2.4.3. Middle East and Africa Gadolinium Market Opportunities 2.2.4.4. Middle East and Africa Gadolinium Market Challenges 2.2.5. South America 2.2.5.1. South America Gadolinium Market Drivers 2.2.5.2. South America Gadolinium Market Restraints 2.2.5.3. South America Gadolinium Market Opportunities 2.2.5.4. South America Gadolinium Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Gadolinium Industry 2.8. Analysis of Government Schemes and Initiatives For Gadolinium Industry 2.9. Gadolinium Market price trend Analysis (2023-2030) 2.10. Gadolinium Market Trade Analysis 2.10.1. Global Import Analysis 2.10.1.1. Top Importer of Gadolinium 2.10.2. Global Export Analysis 2.10.2.1. Top Exporter of Gadolinium 2.11. Gadolinium Production Analysis 2.12. The Global Pandemic Impact on Gadolinium Market 3. Gadolinium Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value and Volume) 2023-2030 3.1. Gadolinium Market Size and Forecast, by Types (2023-2030) 3.1.1. Gadolinium Acetate 3.1.2. Gadolinium oxide 3.1.3. Gadolinium chloride 3.1.4. Gadolinium nitrate 3.2. Gadolinium Market Size and Forecast, by Application (2023-2030) 3.2.1. Electronics 3.2.2. Medical equipment 3.2.3. Nuclear reactors 3.2.4. Imaging agents 3.3. Gadolinium Market Size and Forecast, by Region (2023-2030) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Gadolinium Market Size and Forecast by Segmentation (by Value and Volume) 2023-2030 4.1. North America Gadolinium Market Size and Forecast, by Types (2023-2030) 4.1.1. Gadolinium Acetate 4.1.2. Gadolinium oxide 4.1.3. Gadolinium chloride 4.1.4. Gadolinium nitrate 4.2. North America Gadolinium Market Size and Forecast, by Application (2023-2030) 4.2.1. Electronics 4.2.2. Medical equipment 4.2.3. Nuclear reactors 4.2.4. Imaging agents 4.3. North America Gadolinium Market Size and Forecast, by Country (2023-2030) 4.3.1. United States 4.3.1.1. United States Gadolinium Market Size and Forecast, by Types (2023-2030) 4.3.1.1.1. Gadolinium Acetate 4.3.1.1.2. Gadolinium oxide 4.3.1.1.3. Gadolinium chloride 4.3.1.1.4. Gadolinium nitrate 4.3.1.2. United States Gadolinium Market Size and Forecast, by Application (2023-2030) 4.3.1.2.1. Electronics 4.3.1.2.2. Medical equipment 4.3.1.2.3. Nuclear reactors 4.3.1.2.4. Imaging agents 4.3.2. Canada 4.3.2.1. Canada Gadolinium Market Size and Forecast, by Types (2023-2030) 4.3.2.1.1. Gadolinium Acetate 4.3.2.1.2. Gadolinium oxide 4.3.2.1.3. Gadolinium chloride 4.3.2.1.4. Gadolinium nitrate 4.3.2.2. Canada Gadolinium Market Size and Forecast, by Application (2023-2030) 4.3.2.2.1. Electronics 4.3.2.2.2. Medical equipment 4.3.2.2.3. Nuclear reactors 4.3.2.2.4. Imaging agents 4.3.3. Mexico 4.3.3.1. Mexico Gadolinium Market Size and Forecast, by Types (2023-2030) 4.3.3.1.1. Gadolinium Acetate 4.3.3.1.2. Gadolinium oxide 4.3.3.1.3. Gadolinium chloride 4.3.3.1.4. Gadolinium nitrate 4.3.3.2. Mexico Gadolinium Market Size and Forecast, by Application (2023-2030) 4.3.3.2.1. Electronics 4.3.3.2.2. Medical equipment 4.3.3.2.3. Nuclear reactors 4.3.3.2.4. Imaging agents 5. Europe Gadolinium Market Size and Forecast by Segmentation (by Value and Volume) 2023-2030 5.1. Europe Gadolinium Market Size and Forecast, by Types (2023-2030) 5.2. Europe Gadolinium Market Size and Forecast, by Application (2023-2030) 5.3. Europe Gadolinium Market Size and Forecast, by Country (2023-2030) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Gadolinium Market Size and Forecast, by Types (2023-2030) 5.3.1.2. United Kingdom Gadolinium Market Size and Forecast, by Application (2023-2030) 5.3.2. France 5.3.2.1. France Gadolinium Market Size and Forecast, by Types (2023-2030) 5.3.2.2. France Gadolinium Market Size and Forecast, by Application (2023-2030) 5.3.3. Germany 5.3.3.1. Germany Gadolinium Market Size and Forecast, by Types (2023-2030) 5.3.3.2. Germany Gadolinium Market Size and Forecast, by Application (2023-2030) 5.3.4. Italy 5.3.4.1. Italy Gadolinium Market Size and Forecast, by Types (2023-2030) 5.3.4.2. Italy Gadolinium Market Size and Forecast, by Application (2023-2030) 5.3.5. Spain 5.3.5.1. Spain Gadolinium Market Size and Forecast, by Types (2023-2030) 5.3.5.2. Spain Gadolinium Market Size and Forecast, by Application (2023-2030) 5.3.6. Sweden 5.3.6.1. Sweden Gadolinium Market Size and Forecast, by Types (2023-2030) 5.3.6.2. Sweden Gadolinium Market Size and Forecast, by Application (2023-2030) 5.3.7. Austria 5.3.7.1. Austria Gadolinium Market Size and Forecast, by Types (2023-2030) 5.3.7.2. Austria Gadolinium Market Size and Forecast, by Application (2023-2030) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Gadolinium Market Size and Forecast, by Types (2023-2030) 5.3.8.2. Rest of Europe Gadolinium Market Size and Forecast, by Application (2023-2030) 6. Asia Pacific Gadolinium Market Size and Forecast by Segmentation (by Value and Volume) 2023-2030 6.1. Asia Pacific Gadolinium Market Size and Forecast, by Types (2023-2030) 6.2. Asia Pacific Gadolinium Market Size and Forecast, by Application (2023-2030) 6.3. Asia Pacific Gadolinium Market Size and Forecast, by Country (2023-2030) 6.3.1. China 6.3.1.1. China Gadolinium Market Size and Forecast, by Types (2023-2030) 6.3.1.2. China Gadolinium Market Size and Forecast, by Application (2023-2030) 6.3.2. S Korea 6.3.2.1. S Korea Gadolinium Market Size and Forecast, by Types (2023-2030) 6.3.2.2. S Korea Gadolinium Market Size and Forecast, by Application (2023-2030) 6.3.3. Japan 6.3.3.1. Japan Gadolinium Market Size and Forecast, by Types (2023-2030) 6.3.3.2. Japan Gadolinium Market Size and Forecast, by Application (2023-2030) 6.3.4. India 6.3.4.1. India Gadolinium Market Size and Forecast, by Types (2023-2030) 6.3.4.2. India Gadolinium Market Size and Forecast, by Application (2023-2030) 6.3.5. Australia 6.3.5.1. Australia Gadolinium Market Size and Forecast, by Types (2023-2030) 6.3.5.2. Australia Gadolinium Market Size and Forecast, by Application (2023-2030) 6.3.6. Indonesia 6.3.6.1. Indonesia Gadolinium Market Size and Forecast, by Types (2023-2030) 6.3.6.2. Indonesia Gadolinium Market Size and Forecast, by Application (2023-2030) 6.3.7. Malaysia 6.3.7.1. Malaysia Gadolinium Market Size and Forecast, by Types (2023-2030) 6.3.7.2. Malaysia Gadolinium Market Size and Forecast, by Application (2023-2030) 6.3.8. Vietnam 6.3.8.1. Vietnam Gadolinium Market Size and Forecast, by Types (2023-2030) 6.3.8.2. Vietnam Gadolinium Market Size and Forecast, by Application (2023-2030) 6.3.9. Taiwan 6.3.9.1. Taiwan Gadolinium Market Size and Forecast, by Types (2023-2030) 6.3.9.2. Taiwan Gadolinium Market Size and Forecast, by Application (2023-2030) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Gadolinium Market Size and Forecast, by Types (2023-2030) 6.3.10.2. Rest of Asia Pacific Gadolinium Market Size and Forecast, by Application (2023-2030) 7. Middle East and Africa Gadolinium Market Size and Forecast by Segmentation (by Value and Volume) 2023-2030 7.1. Middle East and Africa Gadolinium Market Size and Forecast, by Types (2023-2030) 7.2. Middle East and Africa Gadolinium Market Size and Forecast, by Application (2023-2030) 7.3. Middle East and Africa Gadolinium Market Size and Forecast, by Country (2023-2030) 7.3.1. South Africa 7.3.1.1. South Africa Gadolinium Market Size and Forecast, by Types (2023-2030) 7.3.1.2. South Africa Gadolinium Market Size and Forecast, by Application (2023-2030) 7.3.2. GCC 7.3.2.1. GCC Gadolinium Market Size and Forecast, by Types (2023-2030) 7.3.2.2. GCC Gadolinium Market Size and Forecast, by Application (2023-2030) 7.3.3. Nigeria 7.3.3.1. Nigeria Gadolinium Market Size and Forecast, by Types (2023-2030) 7.3.3.2. Nigeria Gadolinium Market Size and Forecast, by Application (2023-2030) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Gadolinium Market Size and Forecast, by Types (2023-2030) 7.3.4.2. Rest of ME&A Gadolinium Market Size and Forecast, by Application (2023-2030) 8. South America Gadolinium Market Size and Forecast by Segmentation (by Value and Volume) 2023-2030 8.1. South America Gadolinium Market Size and Forecast, by Types (2023-2030) 8.2. South America Gadolinium Market Size and Forecast, by Application (2023-2030) 8.3. South America Gadolinium Market Size and Forecast, by Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil Gadolinium Market Size and Forecast, by Types (2023-2030) 8.3.1.2. Brazil Gadolinium Market Size and Forecast, by Application (2023-2030) 8.3.2. Argentina 8.3.2.1. Argentina Gadolinium Market Size and Forecast, by Types (2023-2030) 8.3.2.2. Argentina Gadolinium Market Size and Forecast, by Application (2023-2030) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Gadolinium Market Size and Forecast, by Types (2023-2030) 8.3.3.2. Rest Of South America Gadolinium Market Size and Forecast, by Application (2023-2030) 9. Global Gadolinium Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Production of 2022 9.3.6. Company Locations 9.4. Leading Gadolinium Market Companies, by market capitalization 9.5. Analysis of Organized and Unorganized Key Players in Gadolinium Industry 9.6. Market Structure 9.6.1. Market Leaders 9.6.2. Market Followers 9.6.3. Emerging Players 9.7. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Goodfellow Corporation 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. GFS Chemicals, Inc. 10.3. All- Chemie, Ltd. 10.4. Pascals Technologies, Inc. 10.5. Fredericksburg 10.6. VA Alfa Chemical Corporation 10.7. Molycorp 10.8. Super Conductor Materials, Inc. 10.9. Inorganic Ventures 10.10. Molycorp Corporation 10.11. Canada Rare Earth Corporation 10.12. HEFA rare Earth Canada co., Ltd 11. Key Findings 12. Industry Recommendations 13. Gadolinium Market: Research Methodology 14. Terms and Glossary
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