Published By: Syndicate Market Research
Plasterboard Market Value Share, Supply Demand, share
and Value Chain 2020
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Erbium oxide is a water insoluble oxide synthesized from the lanthanide metal erbium. Erbium oxide has excellent
electrical, optical and photoluminescence properties. Erbium is found principally in the minerals monazite and
bastnaesite. It can be extracted by ion exchange and solvent extraction. Erbium oxide doped nanoparticle materials
can be dispersed in plastic or glass for display purposes, such as display monitors. Erbium oxide has ability to
change its magnetic properties according to temperature.
The major driving factor of the global erbium oxide market is increasing demand from display panel industry owing to
its optical and electrical property. Increasing adoption of mobiles is expected to boost demand in display panels,
which in turn projected to propel the erbium market. Furthermore, advancement in the semiconductor industry due to
increasing consumer and industrial electronics is expected to fuel the demand for erbium oxide further over the next
few years. However, highly toxic nature of erbium may hinder the growth of the market.
The report provides detailed segmentation of the erbium oxide market based on application and region. Erbium
oxide finds in widespread application such as erbium oxide include electronics, bio-imaging, dermatology,
semiconductors and others. Global erbium oxide market is expected to witness significant growth in the years to
come. Electronics was leading segment of erbium oxide market in 2014. Erbium oxide widely used in display
monitors such as LEDs and...