A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Europic
Chloride Market.
The study, titled “Europic
Chloride Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Europic
chloride is also known as Europium trichloride, Europium chloride
(EuCl3), Europium chloride (Eu2Cl6), Europium chloride (VAN), and
Europium (III) chloride anhydrous. Europium is available in high
quality minerals such as calcium aluminum silicates. It is a soft and
silvery metal such as lead. Europium is known to be the rarest and
most reactive earth metals (minerals, monazite, bastnasite, xenotime,
and loparite). Monazite metal comprises rare earth elements (up to
50% concentrations). Monazite can be found in river sand in countries
such as Brazil, South Africa, and India. Bastnasite is also one of
the rarest earth metal found in the desert called Mojave in
California. Europium is primarily used in light emitting compounds
called phosphors. The accessibility of brighter red phosphors is used
to get brighter colored televisions. Europium oxide phosphors provide
red and blue light, which can be used individually or in combination
of yellow-green phosphor to provide white light. Europium phosphors
are used in fluorescent lighting, televisions, and some LEDs.
Additionally, europium is used in lasers and other optoelectronic
applications.
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Market Research Report @
Europic
chloride (EuCl3) is an inorganic compound. It is also called as
Europium (III) chloride anhydrous. The anhydrous compound can rapidly
absorb water to form a white crystalline hexahydrate (EuCl3·6H2O),
which is a yellow solid. White crystalline hexahydrate is colorless.
Europic chloride is one of the excellent water soluble crystalline
sources. These chloride compounds can generate electricity when
dissolved or fused in water. Chloride materials can be decomposed by
electrolysis into metal and chlorine gas, which are formed through
various chlorination processes. In energy efficient fluorescent
lighting, Europic metals provides red as well as blue lighting.
Europium is found in various minerals such as monazite, bastnasite,
loparite and xenotime.
Growth
in the chemical industry is expected to drive the europic chemical
application, as it is one of the rarest found metals in earth core.
Inhalation Europic chemical causes immediate defecation, writhing,
incoordination, labored breathing, and inactivity. It can also cayuse
death due to respiratory and heart failure. Therefore, it is not used
as a commercial source.
The
Europic chloride market has been segmented based on application and
regions. Based on application, the market has been segmented into
food industry, marine industry, chemical and petrochemical industry,
and others. In terms of application, the Europic chloride market can
be divided into desalination, which has the property to remove
chloride salts to provide drinkable water. In the petroleum industry,
Europic chlorides are thoroughly monitored constituents of the mud
system. Increase of europic chloride may be a sign of drilling into a
high-pressure saltwater formation in the mud system. Increase of
europic chlorides in the mud system also indicates the poor quality
of the target sand. Europic chloride is also a valuable and reliable
chemical. Europic chloride may also be used to preserve food in the
food & beverages industry.
Based
on region, the market can be segmented into North America, Latin
America, Asia Pacific, Europe, and Middle East & Africa.
Globally, the rarest earth metal, i.e. europium oxide, is mostly
produced in China. Europium oxide (Eu2O3) plays an important role in
computer display screens and color televisions as a phosphor for
emitting pure red light. It is a red spectrum light used in
low-energy light bulbs to create a more warm light than the
traditional fluorescent tubes. Europium is widely employed in the
medical field, as the highly sensitive luminescence.
Europe
and North America are the key regions driving the Europic chloride
market. These regions accounted for more than 40% share of the market
in 2015. Demand for Europic chloride is high in Europe as it is used
as de-icing agent. Demand for Europic chloride is high in North
America due to the growth in chemicals and petrochemical industries.
The market in Asia Pacific is also projected to experience
significant growth primarily due to the rising demand for Europic
chloride in various end-use industries. Furthermore, increase in
governmental expenditure on infrastructure is likely to boost the
global Europic chloride market during the forecast period.
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accurate market forecast and analysis on the Europic Chloride market.
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Key
players operating in the global Europic chloride market are TCI
Chemicals (India) Pvt. Ltd., American Elements, Santa Cruz
Biotechnology, Inc., MaTecK GmbH, ESPICorp Inc., Stanford Advanced
Materials, and Strem Chemicals, Inc.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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