Rare Earth Phosphors Market Analysis & Forecast 2024-2030

Global Rare Earth Phosphors Market is expected to reach USD 721.17 million by 2031 with CAGR of 8.7 % between 2025 and 2031

Phosphor is one of rare earth element that exhibits the phenomenon of luminescence. This has both phosphorescent materials, which show a slow decay in brightness (> 1 ms), and fluorescent materials, where the emission decay takes place over tens of nanoseconds. Phosphorescent materials are used in radar screens and the materials to glow in the dark, whereas fluorescent materials are commonly used in cathode ray tube (CRT) and LCD display, fluorescent lights, sensors, and white LEDs. Phosphors are often transition-metal compounds or rare-earth compounds of various types. The most common uses of phosphors are in CRT displays and fluorescent lights.  

Phosphorus is segmented into –white, red, green, blue, yellow. The mix of zinc cadmium sulfide and zinc sulfide silver, the ZnS:Ag+(Zn,Cd)S:Ag gives white P4 phosphor used in black and white television CRTs. When Yttrium oxide-sulfide is activated with europium gives the red phosphor which is used in color CRTs. When phosphors and cadmium sulphide are mixed, the resulting zinc cadmium sulfide (Zn,Cd)S:Ag, provides strong yellow light. Combination of zinc sulphide with copper,ZnS:Cu, provides green light with long glow. Combination of zinc sulfide with few ppm of silver, the ZnS:Ag, when excited by electrons, emits strong blue light with maximum at 450 nm, with short afterglow with 200 nanosecond duration. It is known as the P22B phosphor. Zinc sulfide silver, is one of the most efficient phosphors in cathode ray tubes. It is used as a blue phosphor in color CRTs.  

Phosphors find its applications in Lamp Industry, Display Industry and Special Light Industry. Phosphor layers are used to provide most of light in fluorescent lamps, and are also used to improve the balance of light produced by metal halide lamps. Different neon signs use phosphor layers to produce different colors of light. Electroluminescent displays which are used in aircraft instrument panels, use a phosphor layer to produce glare-free illumination or as numeric and graphic display devices. White LED lamps consist of a blue or ultra-violet emitter with a phosphor coating that emits at longer wavelengths, giving a full spectrum of visible light. CRTs have also been widely used in scientific and engineering instrumentation, such as oscilloscopes, usually with a single phosphor color, typically green. Phosphors for such applications may have long afterglow, for increased image persistence. In black-and-white television screens combination of phosphors is employed to produce color close to white. Color TVCRTs require three different phosphors to produce red, green and blue pattern on the screen.  

Geographically, Global Rare Earth Phosphors Market includes Asia-Pacific market, Middle and Africa market and market of Europe and North America. The demand for rare earth phosphors is growing in developing Asia Pacific regions like China, India, Malaysia and South Korea due to increasing end-use industries. China is the largest consumer and producer of rare earth phosphors.  

Rare Earth Phosphors Market : By Product Type

• Red Phosphors
• Blue Phosphors
• Green Phosphors
• White Phosphors

Rare Earth Phosphors Market : Application/ End User

• Lamp Industry
• Display Industry
• Special Light Industry

Global Rare Earth Phosphors Market: Companies Covered

• NICHIA
• Mitsubishi Chemical Corporation
• Intematix Corporation
• Dow Electronic Materials
• OSAM
• TOKYO KAGAKU KENKYUSHO
• NemotoLumi-Materials
• APN Technology
• TOSHIBA MATERIALS
• Phosphor Technology
• ShannxiIricoOhosphor Material
• JiangmenKanhoo Industry
• Jiangsu Tiancai
• Grirem Advanced Materials
• QuzhouAoshiTe Lighting
• Shanghai Yuelong New Materials
• China Minmetals Rare Earth
• Grirem Advanced Materials
• Jingguang Fluorescence Materials
• Baotou Hefa Rare Earth
• HEFA Rare Earth Canada Co. Ltd.

Geographical analysis of Rare Earth Phosphors Market includes :

• North America
  • U.S.A.
  • Canada
• Europe
  • France
  • Germany
  • Spain
  • UK
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South East Asia
• Latin America
  • Brazil
• Middle East and Africa

Global Rare Earth Phosphors Market Report delivers a comprehensive analysis of the following parameters:

• Market Forecast for 2024-2030
• Market growth drivers
• Challenges and Opportunities
• Emerging and Current market trends
• Market player Capacity, Production, Revenue (Value)
• Supply (Production), Consumption, Export, Import analysis
• End user/application Analysis

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