Press release
Gadolinium Market Analysis and Opportunity Assessment 2015 - 2025 | Goodfellow Corpration, GFS Chemicals Inc., All-Chemie Ltd, Pascal Technologies Inc.
Gadolinium is a rare earth metal, silvery white, ductile and malleable. Gadolinium is employed in various application segments including electronics, medical equipment, imaging agents and nuclear reactors among others. Being a rare earth metal, the price of gadolinium have increased many folds over the years and the trend is expected to continue in the near future.Superior metallurgic characteristics and high efficiency have been the major factors driving growth for gadolinium market. Small amount of gadolinium improves the temperature resistance and efficiency of metals such as iron. Gadolinium has been gaining acceptance in the medical equipment and nuclear applications. Therefore, growing demand for nuclear energy and medical equipment has been a major driver for the industry. Price of gadolinium has been increasing over the years which have been a major factor restraining market growth. Research and development activities to increase the application scope of gadolinium are expected to offer huge growth opportunity in the market.
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Survey Conducted by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Gadolinium Market over the Assessment Period 2015-2025
A comprehensive study on Gadolinium market by FMI provides insights into key factors and opportunities facilitating the growth in the market. The report conducts an in-depth analysis into factors affecting the change in consumer behavior and purchasing patterns. The survey offers detailed insights into scope for expansion in developed and developing markets through 2025.
As per the recent research conducted by a leading market insights provider FMI, the global Gadolinium market will expand at a healthy CAGR over the forecast period between 2015 and 2025. The aim of this study is to analyze key market dynamics affecting the sales of Gadolinium and provide vital insights to business owners to get benefited from forthcoming opportunities.
Upsurge in the Trend of Green Chemistry to Facilitate the Growth in the Gadolinium Market
Governments of several countries are emphasizing on implementing regulations on chemicals that are hazardous for environment, owing to the rising concerns regarding environment sustainability. Hence, growing trend of green chemistry or sustainable chemistry is being witnessed across the chemical industry.
Citing this trend, chemical manufacturers are reviewing their business strategies and shifting their focus towards adopting eco-friendly practices for the production of sustainable alternatives or less toxic chemicals. This is expected to favor the growth in the Gadolinium market.
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Key Gadolinium Market Takeaways and Projections
• The U.S. will lead the North America Gadolinium market, projecting the fastest growth in the region between 2015 and 2025
• Germany will collectively hold the largest share in the Europe market over the assessment period.
• India will emerge as a highly remunerative market in South Asia, contributing significant revenue share in the region through 2025.
• China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
Competitive Landscape Analysis
The survey offers insights into critical trends and opportunities across technology industry and studies their impact on demand-supply forces in the Gadolinium market. It also profiles a list of prominent companies including Goodfellow Corpration, GFS Chemicals, Inc., All-Chemie, Ltd, Pascal Technologies, Inc., Fredericksburg, VA Alfa Chemical Corpation, Super Conductor Materials, Inc., Inorganic Ventures
To offer an in-depth analysis of prevailing competition, the survey provides a thorough market share analysis. The report also highlights key expansion strategies adopted by the Tier 1, Tier 2, and Tier 3 players.
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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