Lutetium Oxide Market Booming Worldwide with Latest Trend and Future Scope by 2031 | At a CAGR of 8.2%

Los Angeles, United States - QY Research has unveiled its latest study titled "Global Lutetium Oxide Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031." This newly released report delivers a comprehensive overview of the global Lutetium Oxide market, analyzing the forces shaping its growth trajectory and providing valuable insights for stakeholders, investors, and industry professionals. The research covers key areas including market dynamics, segmentation, regional performance, competitive landscape, and emerging technology trends that are redefining industry standards. Backed by reliable data and expert analysis, the report serves as a trusted guide to understanding both microeconomic and macroeconomic factors driving market evolution.

The global market for Lutetium Oxide was estimated to be worth US$ 145 million in 2024 and is forecast to a readjusted size of US$ 244 million by 2031 with a CAGR of 8.2% during the forecast period 2025-2031.

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This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Lutetium Oxide cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Lutetium oxide, a white solid, is a cubic compound of lutetium sometimes used in the preparation of specialty glasses. It is also called lutecia. It is a lanthanide oxide, also known as a rare earth. In 2024, global Lutetium Oxide production reached approximately 142 MT, with an average global market price of around US$ 1025 per KG.

The lutetium oxide (Lu2O3) market focuses on this rare earth compound, which is valued for its optical, electronic, and catalytic properties. Lutetium oxide is widely used in phosphors, lasers, scintillators, ceramics, and specialized catalysts due to its high density, thermal stability, and ability to enhance luminescent performance. One of the most important applications is in the medical imaging sector, where it is employed in scintillation detectors for PET (positron emission tomography) scanners, enabling higher-resolution imaging. Additionally, it serves a role in high-refractive-index glass, optical materials, and advanced ceramics, making it a key input in industries such as aerospace, electronics, and defense.

Competitive Landscape: -

Treibacher
China Minmetals Rare Earth
Longyi Heavy Rare-Earth
Ganzhou Rare Earth Mineral Industry
Ganzhou Qiandong Rare Earth Group
Chenguang Rare Earth
Jiangyin Jiahua Advanced Material Resouces
Jiangsu Guosheng Rare-earth
Gansu Rare Earth New Material
Yongxing Chemical Industry

The competitive landscape is a must-have information for the market players to withstand the competition present in the global Lutetium Oxide market. This further helps the market participants to develop effective strategies to optimize their market positions. Moreover, the competitive analysis helps them to determine potential advantages as well as barriers within the global Lutetium Oxide market. This way, they can monitor how their competitors are implementing various strategies including pricing, marketing, and distribution.

Market Drivers and Restraints -

The market is primarily driven by the rising demand for advanced medical technologies, optoelectronic devices, and high-performance catalysts, as well as research into next-generation lasers and nuclear materials. However, the supply chain is highly constrained, as lutetium is among the scarcest rare earth elements, with production concentrated in China and a few other countries. This creates challenges related to cost, availability, and geopolitical risks. Despite these limitations, technological advances and increased investments in rare earth processing are expected to gradually stabilize supply. As industries pursue miniaturization, higher efficiency, and precision technologies, the demand for lutetium oxide is projected to rise steadily, though constrained by limited resource availability and high extraction costs.

Regional Insights -

The report takes readers on a journey through four key regions: United States, Asia-Pacific, and EMEA. Key nations like the United States, Germany, the United Kingdom, China, Japan, South Korea, and more are thoroughly examined. The data is presented in a timeline from 2024 as the base year, with projections extending to 2031.

North America: United States, Canada, Mexico

Latin America: Brazil and other key markets

Asia Pacific: China, Japan, South Korea, India, ASEAN countries

Europe, Middle East & Africa (EMEA): Major European economies, GCC countries, and African nations

The report provides a region-wise breakdown of market share, consumption trends, and future prospects.

Detailed of Lutetium Oxide Market Segmentation -

The report offers great insights into important segments of the global Lutetium Oxide market while concentrating on their CAGR, market size, market share, and future growth potential. The global Lutetium Oxide market is mainly segmented according to type of product, application, and region. Each segment in these categories is extensively researched to become familiar with their growth prospects and key trends. Segmental analysis is highly important to identify key growth pockets of a global market. The report provides specific information on the market growth and demand of different products and applications to help players to focus on profitable areas of the global Lutetium Oxide market.

Segmentation By Type :-

3N
4N
4.5N
Others

Segmentation By Application -

ResearchDisease TreatmentBeauty and Anti-agingStorage

Glass and Ceramics
Laser Crystals
Catalyst
Alloy and Permanent Magnet Material
Optical Dopant and Phosphors
Others

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Why This Report is a Must-Have -

ᗒ Historical Analysis (2020-2024) & Forecasts (2025-2031): Gain a clear understanding of market trends and future growth potential.

ᗒ Comprehensive Market Segmentation: Detailed breakdown by Type, Application, and Region to identify lucrative opportunities.

ᗒ Competitive Landscape: Insights into key players, their market share, and strategic developments like mergers, acquisitions, and expansion plans.

ᗒ Drivers & Restraints: Understand the factors shaping the market's growth and the challenges that could impact your strategy.

ᗒ Expert Opinions & Market Dynamics: Benefit from expert analysis to navigate market risks and capitalize on emerging trends.

Lutetium Oxide Market Report Objectives -

(1) Analyzing the size of the global Lutetium Oxide market on the basis of value and volume

(2) Accurately calculating the market shares, consumption, and other vital factors of different segments of the global Lutetium Oxide market

(3) Exploring key dynamics of the global Lutetium Oxide market

(4) Highlighting important trends of the global Lutetium Oxide market in terms of production, revenue, and sales

(5) Deeply profiling top players of the global Lutetium Oxide market and showing how they compete in the industry

(6) Studying manufacturing processes and costs, product pricing, and various trends related to them

(7) Showing the performance of different regions and countries in the global Lutetium Oxide market

(8) Forecasting the market size and share of all segments, regions, and the global market.

Important Questions Answered included in the Report:-

(A) What is the market size and growth rate of the global and regional market by various segments?

(B) What is the market size and growth rate of the market for selective Countries?

(C) Which region or sub-segment is expected to drive the market in the forecast period?

(D) What factors are estimated to drive and restrain the market growth?

(E) What are the key technology and market trends shaping the market?

(F) what are the key opportunity in the market?

(G) Who are the leading manufacturers operating in the global Lutetium Oxide market?

(H) Which key player accounted for the highest market share?

(I) What are the growth opportunities for the new entrants in the global Lutetium Oxide market?

Table of Contents - Major Key Points:

1 Market Overview
1.1 Lutetium Oxide Product Introduction
1.2 Global Lutetium Oxide Market Size Forecast
1.2.1 Global Lutetium Oxide Sales Value (2020-2031)
1.2.2 Global Lutetium Oxide Sales Volume (2020-2031)
1.2.3 Global Lutetium Oxide Sales Price (2020-2031)
1.3 Lutetium Oxide Market Trends & Drivers
1.3.1 Lutetium Oxide Industry Trends
1.3.2 Lutetium Oxide Market Drivers & Opportunity
1.3.3 Lutetium Oxide Market Challenges
1.3.4 Lutetium Oxide Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Lutetium Oxide Players Revenue Ranking (2024)
2.2 Global Lutetium Oxide Revenue by Company (2020-2025)
2.3 Global Lutetium Oxide Players Sales Volume Ranking (2024)
2.4 Global Lutetium Oxide Sales Volume by Company Players (2020-2025)
2.5 Global Lutetium Oxide Average Price by Company (2020-2025)
2.6 Key Manufacturers Lutetium Oxide Manufacturing Base and Headquarters
2.7 Key Manufacturers Lutetium Oxide Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Lutetium Oxide
2.9 Lutetium Oxide Market Competitive Analysis
2.9.1 Lutetium Oxide Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Lutetium Oxide Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Lutetium Oxide as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 3N
3.1.2 4N
3.1.3 4.5N
3.1.4 Others
3.2 Global Lutetium Oxide Sales Value by Type
3.2.1 Global Lutetium Oxide Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Lutetium Oxide Sales Value, by Type (2020-2031)
3.2.3 Global Lutetium Oxide Sales Value, by Type (%) (2020-2031)
3.3 Global Lutetium Oxide Sales Volume by Type
3.3.1 Global Lutetium Oxide Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Lutetium Oxide Sales Volume, by Type (2020-2031)
3.3.3 Global Lutetium Oxide Sales Volume, by Type (%) (2020-2031)
3.4 Global Lutetium Oxide Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Glass and Ceramics
4.1.2 Laser Crystals
4.1.3 Catalyst
4.1.4 Alloy and Permanent Magnet Material
4.1.5 Optical Dopant and Phosphors
4.1.6 Others
4.2 Global Lutetium Oxide Sales Value by Application
4.2.1 Global Lutetium Oxide Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Lutetium Oxide Sales Value, by Application (2020-2031)
4.2.3 Global Lutetium Oxide Sales Value, by Application (%) (2020-2031)
4.3 Global Lutetium Oxide Sales Volume by Application
4.3.1 Global Lutetium Oxide Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Lutetium Oxide Sales Volume, by Application (2020-2031)
4.3.3 Global Lutetium Oxide Sales Volume, by Application (%) (2020-2031)
4.4 Global Lutetium Oxide Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Lutetium Oxide Sales Value by Region
5.1.1 Global Lutetium Oxide Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Lutetium Oxide Sales Value by Region (2020-2025)
5.1.3 Global Lutetium Oxide Sales Value by Region (2026-2031)
5.1.4 Global Lutetium Oxide Sales Value by Region (%), (2020-2031)
5.2 Global Lutetium Oxide Sales Volume by Region
5.2.1 Global Lutetium Oxide Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Lutetium Oxide Sales Volume by Region (2020-2025)
5.2.3 Global Lutetium Oxide Sales Volume by Region (2026-2031)
5.2.4 Global Lutetium Oxide Sales Volume by Region (%), (2020-2031)
5.3 Global Lutetium Oxide Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Lutetium Oxide Sales Value, 2020-2031
5.4.2 North America Lutetium Oxide Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Lutetium Oxide Sales Value, 2020-2031
5.5.2 Europe Lutetium Oxide Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Lutetium Oxide Sales Value, 2020-2031
5.6.2 Asia Pacific Lutetium Oxide Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Lutetium Oxide Sales Value, 2020-2031
5.7.2 South America Lutetium Oxide Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Lutetium Oxide Sales Value, 2020-2031
5.8.2 Middle East & Africa Lutetium Oxide Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Lutetium Oxide Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Lutetium Oxide Sales Value and Sales Volume
6.2.1 Key Countries/Regions Lutetium Oxide Sales Value, 2020-2031
6.2.2 Key Countries/Regions Lutetium Oxide Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Lutetium Oxide Sales Value, 2020-2031
6.3.2 United States Lutetium Oxide Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Lutetium Oxide Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Lutetium Oxide Sales Value, 2020-2031
6.4.2 Europe Lutetium Oxide Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Lutetium Oxide Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Lutetium Oxide Sales Value, 2020-2031
6.5.2 China Lutetium Oxide Sales Value by Type (%), 2024 VS 2031
6.5.3 China Lutetium Oxide Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Lutetium Oxide Sales Value, 2020-2031
6.6.2 Japan Lutetium Oxide Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Lutetium Oxide Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Lutetium Oxide Sales Value, 2020-2031
6.7.2 South Korea Lutetium Oxide Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Lutetium Oxide Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Lutetium Oxide Sales Value, 2020-2031
6.8.2 Southeast Asia Lutetium Oxide Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Lutetium Oxide Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Lutetium Oxide Sales Value, 2020-2031
6.9.2 India Lutetium Oxide Sales Value by Type (%), 2024 VS 2031
6.9.3 India Lutetium Oxide Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Treibacher
7.1.1 Treibacher Company Information
7.1.2 Treibacher Introduction and Business Overview
7.1.3 Treibacher Lutetium Oxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Treibacher Lutetium Oxide Product Offerings
7.1.5 Treibacher Recent Development
7.2 China Minmetals Rare Earth
7.2.1 China Minmetals Rare Earth Company Information
7.2.2 China Minmetals Rare Earth Introduction and Business Overview
7.2.3 China Minmetals Rare Earth Lutetium Oxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 China Minmetals Rare Earth Lutetium Oxide Product Offerings
7.2.5 China Minmetals Rare Earth Recent Development
7.3 Longyi Heavy Rare-Earth
7.3.1 Longyi Heavy Rare-Earth Company Information
7.3.2 Longyi Heavy Rare-Earth Introduction and Business Overview
7.3.3 Longyi Heavy Rare-Earth Lutetium Oxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Longyi Heavy Rare-Earth Lutetium Oxide Product Offerings
7.3.5 Longyi Heavy Rare-Earth Recent Development
7.4 Ganzhou Rare Earth Mineral Industry
7.4.1 Ganzhou Rare Earth Mineral Industry Company Information
7.4.2 Ganzhou Rare Earth Mineral Industry Introduction and Business Overview
7.4.3 Ganzhou Rare Earth Mineral Industry Lutetium Oxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Ganzhou Rare Earth Mineral Industry Lutetium Oxide Product Offerings
7.4.5 Ganzhou Rare Earth Mineral Industry Recent Development
7.5 Ganzhou Qiandong Rare Earth Group
7.5.1 Ganzhou Qiandong Rare Earth Group Company Information
7.5.2 Ganzhou Qiandong Rare Earth Group Introduction and Business Overview
7.5.3 Ganzhou Qiandong Rare Earth Group Lutetium Oxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Ganzhou Qiandong Rare Earth Group Lutetium Oxide Product Offerings
7.5.5 Ganzhou Qiandong Rare Earth Group Recent Development
7.6 Chenguang Rare Earth
7.6.1 Chenguang Rare Earth Company Information
7.6.2 Chenguang Rare Earth Introduction and Business Overview
7.6.3 Chenguang Rare Earth Lutetium Oxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Chenguang Rare Earth Lutetium Oxide Product Offerings
7.6.5 Chenguang Rare Earth Recent Development
7.7 Jiangyin Jiahua Advanced Material Resouces
7.7.1 Jiangyin Jiahua Advanced Material Resouces Company Information
7.7.2 Jiangyin Jiahua Advanced Material Resouces Introduction and Business Overview
7.7.3 Jiangyin Jiahua Advanced Material Resouces Lutetium Oxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Jiangyin Jiahua Advanced Material Resouces Lutetium Oxide Product Offerings
7.7.5 Jiangyin Jiahua Advanced Material Resouces Recent Development
7.8 Jiangsu Guosheng Rare-earth
7.8.1 Jiangsu Guosheng Rare-earth Company Information
7.8.2 Jiangsu Guosheng Rare-earth Introduction and Business Overview
7.8.3 Jiangsu Guosheng Rare-earth Lutetium Oxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Jiangsu Guosheng Rare-earth Lutetium Oxide Product Offerings
7.8.5 Jiangsu Guosheng Rare-earth Recent Development
7.9 Gansu Rare Earth New Material
7.9.1 Gansu Rare Earth New Material Company Information
7.9.2 Gansu Rare Earth New Material Introduction and Business Overview
7.9.3 Gansu Rare Earth New Material Lutetium Oxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Gansu Rare Earth New Material Lutetium Oxide Product Offerings
7.9.5 Gansu Rare Earth New Material Recent Development
7.10 Yongxing Chemical Industry
7.10.1 Yongxing Chemical Industry Company Information
7.10.2 Yongxing Chemical Industry Introduction and Business Overview
7.10.3 Yongxing Chemical Industry Lutetium Oxide Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Yongxing Chemical Industry Lutetium Oxide Product Offerings
7.10.5 Yongxing Chemical Industry Recent Development
8 Industry Chain Analysis
8.1 Lutetium Oxide Industrial Chain
8.2 Lutetium Oxide Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Lutetium Oxide Sales Model
8.5.2 Sales Channel
8.5.3 Lutetium Oxide Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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