Polishing Powder Market Predicted to Reach over US$250 Bn by 2026 – QY Research, Inc.
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Los Angeles, CA -- (SBWire) -- 06/20/2019 --Rare earth polishing powder, is also called Cerium Polishing Powder and Cerium Oxide Polishing Powder, which mainly contains cerium oxide. It reacts with the surface to produce a complex Cerium-Oxygen-Silica compound softer than glass, this softer surface layer is easily used to produce final surface. Rare earth polishing powder is widely applied in jewelry and diamond, flat glass, CRT, LCD, TFT glass, mirrors, glasses, optical glass, lens, etc.
There is no doubt that China is the largest producer of rare earth polishing powder. In 2017, China produced 27553 MT rare earth powder, holding 80.30% market share globally. However, it should be noticed that the capacity utilization rate in China is low due to the oversupply. The average utilization is below 30%.
As for consumption, China is the largest consumers with 89.83% share in 2017. Europe is the follower, with 1814 MT rare earth polishing powder being consumed.
The Polishing Powder market was valued at 140 Million US$ in 2017 and is projected to reach 250 Million US$ by 2025, at a CAGR of 7.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Polishing Powder.
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This study focuses on the production side and consumption side of Polishing Powder, presents the global Polishing Powder market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Polishing Powder capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Polishing Powder by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
This report includes the following manufacturers; we can also add the other companies as you want.
Solvay
Universal Photonics
Showa Chemical
AMG
RCMPA
Northern Rare Earth Group
Huaming Gona
Jiaxin
Rongruida
New Century
Grish
Golden Century
Baotou Hailiang
AGC
Market Segment by Product Type
High Ce Type
Middle Ce Type
Low Ce Type
Market Segment by Application
Crystal
Display Panels
Flat Glass
Optical Glass
Consumer Electronics
Others
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