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Dysprosium Market Growth with Worldwide Industry Analysis to 2025
Dysprosium is a rare chemical element which has symbol Dy and has atomic number 66. It is never found as a free element, but has its presence in various minerals which include fergusonite, gadolinite, and xenotime among others. It is obtained from ion-adsorption clay ores of southern China. Dysprosium is a naturally occurring element which consists of seven isotopes among which 164Dy is the most abundant. It is has a metallic, bright silver luster and soft enough which can be cut with knife. Physical characteristics of dysprosium can be affected by very small amount of impurities. Dysprosium has the highest magnetic strength among other elements. In addition, holmium has the same magnetic strength as that of dysprosium. Production of dysprosium is done primarily from monazite sand which is a mixture of various phosphates. The applications of dysprosium include manufacture of laser materials, commercial lightning, studying chemical reactions, used in neutron absorbing rods in nuclear reactors and are widely used in various data storage applications that include hard disks.The key drivers for the growth of dysprosium market include the demand from automobile manufacturing companies owing to large demand of dysprosium for manufacture of batteries which consume several pounds of rare earth elements. Moreover, dysprosium is also employed in manufacture of neodymium-iron-boron high permanent magnets which is injected into joints to treat rheumatoid arthritis. Hence, large demand from the healthcare sector is also expected to fuel the demand of dysprosium in the market. Asia Pacific is said to be the greatest consumer of dysprosium owing to dominant producer of rare earth elements.
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The key players in the dysprosium market are: Lynas (Australia), Arafura (Australia), Molycorp (California), Avalon (Canada), Greenland Minerals, Tasman Metals Ltd. and Quest Rare Minerals among others.
This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.
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Navigating the Market: Understanding Dysprosium Price Trends
Dysprosium (Dy), a bright, silvery metallic element with a silver lustre, is one of the rare earth elements which is classed as a metal from the periodic table's lanthanide series. It is present in the minerals bastnaesite and monazite , and in other minerals like xenotime and fergusonite in smaller amounts.
Request for Real-Time Dysprosium Prices: https://procurementresource.com/resource-center/dysprosium-price-trends/pricerequest
The Dy salts have slight toxicity in a liquid form and none in solid state.…
Dysprosium Prices, Trend & Forecasts | Provided by Procurement Resource
Product Name - Dysprosium
Molecular Weight - 162.5 g/mol
Chemical Formula - Dy
Synonyms - 7429-91-6
Currency - US$ (Data can also be provided in local currency)
Supplier Database Availability - Yes
Customization Scope - Our services can be customized as per the requirements of the customer
Post-Sale Analyst Support - 360-degree analyst support after service delivery
Region/Countries for which Data is available
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi…
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