山东鑫方园新材料科技有限公司SHANGDONG XINFANGYUAN POLISHING TECHNOLGY CO.,LTD

Polishing Powder Market Size 2019 Driving Factors, Industry Growth, Key Vendors and Forecasts to 2024

2018/9/18 10:30:52 Source:

Global Polishing Powder market size will increase to 250 Million US$ by 2025, from 140 Million US$ in 2018, at a CAGR of 7.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Polishing Powder.

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%.

The following manufacturers are covered in this report:

Solvay

Universal Photonics

Showa Chemical

RCMPA

Northern Rare Earth Group

AGC

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.

Polishing Powder Breakdown Data by Application

Crystal

Display Panels

Flat Glass

Optical Glass

Consumer Electronics

Others

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