Press release
Global Polishing Powder Market will reach 210 million US$ in 2023
Rare earth polishing powder, is also called Cerium Polishing Powder and Cerium Oxide Polishing Powder, which mainly contains cerium oxide. It reacts with the surface to produce a complex Cerium-Oxygen-Silica compound softer than glass, this softer surface layer is easily used to produce final surface. Rare earth polishing powder is widely applied in jewelry and diamond, flat glass, CRT, LCD, TFT glass, mirrors, glasses, optical glass, lens, etc.
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Global Polishing Powder Market: Forecast by Type / Application / Region
There is no doubt that China is the largest producer of rare earth polishing powder. In 2017, China produced 27553 MT rare earth powder, holding 80.30% market share globally. However, it should be noticed that the capacity utilization rate in China is low due to the oversupply. The average utilization is below 30%.
As for consumption, China is the largest consumers with 89.83% share in 2017. Europe is the follower, with 1814 MT rare earth polishing powder being consumed.
The worldwide market for Polishing Powder is expected to grow at a CAGR of roughly 7.1% over the next five years, will reach 210 million US$ in 2023, from 140 million US$ in 2017, according to a new GIR (Global Info Research) study.
This report focuses on the Polishing Powder in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Global Nonferrous Metal Recycling Market:Key Players
Solvay
Universal Photonics
Showa Chemical
AMG
RCMPA
Northern Rare Earth Group
Huaming Gona
Jiaxin
Rongruida
New Century
Grish
Golden Century
Baotou Hailiang
AGC
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Related Information:
United States Polishing Powder Market 2018 Forecast to 2023
Europe Polishing Powder Market 2018 Forecast to 2023
North America Polishing Powder Market 2018 Forecast to 2023
Asia-Pacific Polishing Powder Market 2018 Forecast to 2023
China Polishing Powder Market 2018 Forecast to 2023
EMEA Polishing Powder Market 2018 Forecast to 2023
Global Polishing Powder Market 2018 Forecast to 2023
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