Thorium-228 Market 2025: Industry Outlook, Growth Trends, and Future Forecast | ORNL(NIDC), Eckert & Ziegler, Laboratoire Maurice Tubiana,

LOS ANGELES, United States: The report titled, "Global Thorium-228 Market Research Report 2025" is recently published by QY Research. The report presented here is a comprehensive account that includes thorough analysis and forecast of the global Thorium-228 market. The forecast period considered for this research study is 2025-2031 and the review period is 2019-2025. With a view to ensure the highest level of accuracy of the data provided in the report, our analysts completed deep validation and revalidation processes using reliable sources and tools. The report offers unbiased and in-depth assessment of the global Thorium-228 market, taking into consideration market competition, regional growth, key segments, and other important aspects. It includes accurate market facts, figures, and statistics related to revenue, production, consumption, CAGR, market share, and other factors.

The global market for Thorium-228 was valued at US$ 2.1 million in the year 2024 and is projected to reach a revised size of US$ 3.3 million by 2031, growing at a CAGR of 6.5% during the forecast period.

Download Detailed PDF Sample Copy of Thorium-228 Research Report: https://www.qyresearch.com/sample/3796157

Thorium-228 has a wide range of applications in the medical field. It can be used to make radium-224/lead-212 generators, which allow radium-224 extracted from thorium-228 to decay over time and produce lead-212 and bismuth-212. Lead-212 and bismuth-212 can be used to study targeted alpha therapies to attack metastatic skin cancer and neuroendocrine tumors with minimal damage to surrounding tissues. In addition, thorium-228 can be combined with other biomolecules to develop a cancer targeted therapy combination. In addition to medical applications, thorium-228 may have other potential applications. However, due to its radioactivity and decay characteristics, these applications need to be carefully evaluated and strictly managed.

Due to the strong radioactivity of thorium-228, thorium separated from irradiated thorium is best stored for 10 to 20 years before reuse to ensure that its radioactivity level is reduced to a safe range. When storing and handling thorium-228, strict radiation protection measures need to be taken to avoid health hazards caused by ionizing radiation.

As a radioactive isotope, thorium 228 has potential application value in many fields, and its development is jointly affected by multiple driving factors and hindering factors.

Thorium 228 has broad application prospects in the medical field, especially in cancer treatment. It can be used to make radium-224/lead-212 generators, and the lead-212 and bismuth-212 produced by these generators can be used to study targeted alpha therapy, which has therapeutic effects on cancers such as metastatic skin cancer and neuroendocrine tumors. With the rising incidence of cancer and the increasing demand for cancer treatment, the demand for thorium 228 is expected to continue to grow.

Continuous technological innovation provides more possibilities for the extraction, separation and application of thorium 228. For example, by improving nuclear reaction technology, the production efficiency and purity of thorium 228 can be improved; by developing new radioisotope labeling technology, thorium 228 can be combined with other biomolecules to develop more cancer targeted therapy combinations.

Governments of various countries have given certain policy support to the research and application of radioisotopes. These policies include financial support, tax incentives, R&D subsidies, etc., which provide a good policy environment for the R&D and application of thorium 228.

There are many technical difficulties in the extraction, separation and application of thorium 228. For example, how to efficiently extract and separate thorium 228, how to ensure its safety and stability, and how to apply it in the medical field all require further technical research and innovation. The production and application costs of thorium 228 are high. This includes raw material costs, production costs, R&D costs, and operating costs. The high cost limits the widespread application and commercialization of thorium 228.

We have put strong emphasis on significant dynamics of the global Thorium-228 market such as growth drivers, challenges, restraints, and trends and opportunities. In addition, the report specially focuses on the regional aspect of the global Thorium-228 market where different regions and countries are shed light upon. It shows how some regional markets are advancing in terms of growth while others are seeing a decline in their growth rate. All of the segments studied in the report are closely analyzed to explore their market growth, opportunities, prospects, and market potential.

Details of Thorium-228 Market Segmentation: -

Segment by Type:

99.0%-99.5%
>99.5%

Segment by Application:

Nuclear Medicine
Scientific Research
Others

Segment by Region:

North America
Europe
Asia Pacific
South America
Middle East and Africa

Key players of the global Thorium-228 market are profiled on the basis of various factors, which include recent developments, business strategies, financial strength, weaknesses, and main business. The report offers special assessment of top strategic moves of leading players such as merger and acquisition, collaboration, new product launch, and partnership.

Major Players

The detailed value chain analysis provided in the research study allows readers to have an extensive view of the global Thorium-228 market. In order to help readers to understand the competitive scenario of the global Thorium-228 market, the authors of the report provide the Porter's Five Forces analysis. All of the segments evaluated in the report are benchmarked on the basis of market attractiveness, growth rate, and market size. The report also offers a brilliant market attractiveness analysis from a global perspective.

Key Manufacturers Operating in the Global Thorium-228 Market are:

ORNL(NIDC)
Eckert & Ziegler
Laboratoire Maurice Tubiana
Thor Medicals
RITVERC JSC

Research Methodology

The report is compiled using a perfect combination of primary research and secondary research. As part of primary research, we conducted unbiased and exhaustive reviews of the global Thorium-228 market across geographies through face-to-face interviews, email interactions, and telephonic conversations. Primary interviews helped us to collect fresh and new information and data related to growth trends, competitive landscape, market size, and other aspects of the global Thorium-228 market. They also helped us to validate our existing analysis and data and obtain latest market insights. Furthermore, they assisted our researchers to validate and add to their secondary research findings.

Our secondary research sources include statistical databases, government publications, market reports, relevant regulatory and patent databases, external and internal proprietary databases, national documents, investor presentations, SEC filings, company websites, and annual reports. Take note that our expert panel of analysts thoroughly discussed and examined the data and information gathered through primary and secondary research sources.

Additional Offerings

1. Econometric modeling
2. Acquisition, divestment, and investment analysis
3. Analysis of business plans
4. Patent analysis
5. Positioning and targeting analysis
6. Demand forecasting
7. Analysis of product and application potential

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Important Sections from Table of Contents

1 Thorium-228 Market Overview
1.1 Product Definition
1.2 Thorium-228 by Type
1.2.1 Global Thorium-228 Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 99.0%-99.5%
1.2.3 >99.5%
1.3 Thorium-228 by Application
1.3.1 Global Thorium-228 Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Nuclear Medicine
1.3.3 Scientific Research
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Thorium-228 Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Thorium-228 Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Thorium-228 Production Estimates and Forecasts (2020-2031)
1.4.4 Global Thorium-228 Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations

2 Market Competition by Manufacturers
2.1 Global Thorium-228 Production Market Share by Manufacturers (2020-2025)
2.2 Global Thorium-228 Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Thorium-228, Industry Ranking, 2023 VS 2024
2.4 Global Thorium-228 Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Thorium-228 Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Thorium-228, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Thorium-228, Product Offered and Application
2.8 Global Key Manufacturers of Thorium-228, Date of Enter into This Industry
2.9 Thorium-228 Market Competitive Situation and Trends
2.9.1 Thorium-228 Market Concentration Rate
2.9.2 Global 5 and 10 Largest Thorium-228 Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion

3 Thorium-228 Production by Region
3.1 Global Thorium-228 Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Thorium-228 Production Value by Region (2020-2031)
3.2.1 Global Thorium-228 Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Thorium-228 by Region (2026-2031)
3.3 Global Thorium-228 Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Thorium-228 Production Volume by Region (2020-2031)
3.4.1 Global Thorium-228 Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Thorium-228 by Region (2026-2031)
3.5 Global Thorium-228 Market Price Analysis by Region (2020-2025)
3.6 Global Thorium-228 Production and Value, Year-over-Year Growth
3.6.1 North America Thorium-228 Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Thorium-228 Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Thorium-228 Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Thorium-228 Production Value Estimates and Forecasts (2020-2031)

4 Thorium-228 Consumption by Region
4.1 Global Thorium-228 Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Thorium-228 Consumption by Region (2020-2031)
4.2.1 Global Thorium-228 Consumption by Region (2020-2025)
4.2.2 Global Thorium-228 Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Thorium-228 Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Thorium-228 Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Thorium-228 Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Thorium-228 Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Thorium-228 Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Thorium-228 Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Thorium-228 Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Thorium-228 Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries

5 Segment by Type
5.1 Global Thorium-228 Production by Type (2020-2031)
5.1.1 Global Thorium-228 Production by Type (2020-2025)
5.1.2 Global Thorium-228 Production by Type (2026-2031)
5.1.3 Global Thorium-228 Production Market Share by Type (2020-2031)
5.2 Global Thorium-228 Production Value by Type (2020-2031)
5.2.1 Global Thorium-228 Production Value by Type (2020-2025)
5.2.2 Global Thorium-228 Production Value by Type (2026-2031)
5.2.3 Global Thorium-228 Production Value Market Share by Type (2020-2031)
5.3 Global Thorium-228 Price by Type (2020-2031)

6 Segment by Application
6.1 Global Thorium-228 Production by Application (2020-2031)
6.1.1 Global Thorium-228 Production by Application (2020-2025)
6.1.2 Global Thorium-228 Production by Application (2026-2031)
6.1.3 Global Thorium-228 Production Market Share by Application (2020-2031)
6.2 Global Thorium-228 Production Value by Application (2020-2031)
6.2.1 Global Thorium-228 Production Value by Application (2020-2025)
6.2.2 Global Thorium-228 Production Value by Application (2026-2031)
6.2.3 Global Thorium-228 Production Value Market Share by Application (2020-2031)
6.3 Global Thorium-228 Price by Application (2020-2031)

7 Key Companies Profiled
7.1 ORNL(NIDC)
7.1.1 ORNL(NIDC) Thorium-228 Company Information
7.1.2 ORNL(NIDC) Thorium-228 Product Portfolio
7.1.3 ORNL(NIDC) Thorium-228 Production, Value, Price and Gross Margin (2020-2025)
7.1.4 ORNL(NIDC) Main Business and Markets Served
7.1.5 ORNL(NIDC) Recent Developments/Updates
7.2 Eckert & Ziegler
7.2.1 Eckert & Ziegler Thorium-228 Company Information
7.2.2 Eckert & Ziegler Thorium-228 Product Portfolio
7.2.3 Eckert & Ziegler Thorium-228 Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Eckert & Ziegler Main Business and Markets Served
7.2.5 Eckert & Ziegler Recent Developments/Updates
7.3 Laboratoire Maurice Tubiana
7.3.1 Laboratoire Maurice Tubiana Thorium-228 Company Information
7.3.2 Laboratoire Maurice Tubiana Thorium-228 Product Portfolio
7.3.3 Laboratoire Maurice Tubiana Thorium-228 Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Laboratoire Maurice Tubiana Main Business and Markets Served
7.3.5 Laboratoire Maurice Tubiana Recent Developments/Updates
7.4 Thor Medicals
7.4.1 Thor Medicals Thorium-228 Company Information
7.4.2 Thor Medicals Thorium-228 Product Portfolio
7.4.3 Thor Medicals Thorium-228 Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Thor Medicals Main Business and Markets Served
7.4.5 Thor Medicals Recent Developments/Updates
7.5 RITVERC JSC
7.5.1 RITVERC JSC Thorium-228 Company Information
7.5.2 RITVERC JSC Thorium-228 Product Portfolio
7.5.3 RITVERC JSC Thorium-228 Production, Value, Price and Gross Margin (2020-2025)
7.5.4 RITVERC JSC Main Business and Markets Served
7.5.5 RITVERC JSC Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis
8.1 Thorium-228 Industry Chain Analysis
8.2 Thorium-228 Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Thorium-228 Production Mode & Process Analysis
8.4 Thorium-228 Sales and Marketing
8.4.1 Thorium-228 Sales Channels
8.4.2 Thorium-228 Distributors
8.5 Thorium-228 Customer Analysis

9 Thorium-228 Market Dynamics
9.1 Thorium-228 Industry Trends
9.2 Thorium-228 Market Drivers
9.3 Thorium-228 Market Challenges
9.4 Thorium-228 Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

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