Product Code: ETC203261 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Philippines lanthanum market was valued at USD 7.4 million in 2025 and is expected to reach a value of USD 11 million, registering a CAGR of6% during the forecast period. The rising demand for lanthanum oxide used in industrial processes due to its ability to act as an oxygen storage material has been attributed for propelling its domestic industry?s growth over recent years. Moreover, lanthanum compounds are also widely used as catalysts or catalyst supports due to their unique properties such as excellent thermal stability & oxidation resistance which further bolster their commercialization potential across various industries including automotive and petrochemical manufacturing sectors amongst others; thereby augmenting overall sector expansion prospects over forthcoming timeframe too.
The Philippines lanthanum market is driven by its use in various technologies, including catalysis, ceramics, and rechargeable batteries. As a component of hybrid vehicle batteries and other energy storage systems, lanthanum plays a crucial role in supporting sustainable energy solutions and technological advancements.
The Lanthanum market`s challenges revolve around market dependency. As a key component in various high-tech industries, market demand is closely linked to global technological trends, which can create uncertainties for local producers.
The Lanthanum market in the Philippines is closely tied to the electronics and renewable energy sectors. COVID-19 caused supply chain disruptions, leading to production delays and increased prices. As the country navigates the post-pandemic era, the Lanthanum market is slowly regaining momentum.
In the Lanthanum market, you might find rare earth mining companies, electronics manufacturers, and companies specializing in renewable energy technologies. Players like Lynas Corporation and China Northern Rare Earth Group have a presence.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Lanthanum Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Lanthanum Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Lanthanum Market - Industry Life Cycle |
3.4 Philippines Lanthanum Market - Porter's Five Forces |
3.5 Philippines Lanthanum Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Philippines Lanthanum Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 Philippines Lanthanum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for electronics and electrical products in the Philippines, which use lanthanum in manufacturing. |
4.2.2 Increasing focus on renewable energy sources like wind turbines and electric vehicles, driving the demand for lanthanum-based products. |
4.2.3 Government initiatives to promote sustainable development and green technologies, boosting the adoption of lanthanum in various applications. |
4.3 Market Restraints |
4.3.1 Volatility in lanthanum prices due to fluctuations in global supply and demand. |
4.3.2 Environmental concerns related to lanthanum mining and processing, leading to stricter regulations and increased operational costs for companies. |
5 Philippines Lanthanum Market Trends |
6 Philippines Lanthanum Market, By Types |
6.1 Philippines Lanthanum Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Philippines Lanthanum Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Philippines Lanthanum Market Revenues & Volume, By Filament Glass Coating, 2021-2031F |
6.1.4 Philippines Lanthanum Market Revenues & Volume, By Fluidic Catalytic Cracking (FCC) Catalyst, 2021-2031F |
6.1.5 Philippines Lanthanum Market Revenues & Volume, By Hydrogen Storage, 2021-2031F |
6.1.6 Philippines Lanthanum Market Revenues & Volume, By Battery and Non-Battery Alloys, 2021-2031F |
6.1.7 Philippines Lanthanum Market Revenues & Volume, By Electrical and Electronics, 2021-2031F |
6.1.8 Philippines Lanthanum Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Lanthanum Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Philippines Lanthanum Market Revenues & Volume, By Lanthanum Oxide, 2021-2031F |
6.2.3 Philippines Lanthanum Market Revenues & Volume, By Lanthanum Chloride, 2021-2031F |
6.2.4 Philippines Lanthanum Market Revenues & Volume, By Lanthanum Boride, 2021-2031F |
6.2.5 Philippines Lanthanum Market Revenues & Volume, By Lanthanum Acetate, 2021-2031F |
6.2.6 Philippines Lanthanum Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Lanthanum Market Import-Export Trade Statistics |
7.1 Philippines Lanthanum Market Export to Major Countries |
7.2 Philippines Lanthanum Market Imports from Major Countries |
8 Philippines Lanthanum Market Key Performance Indicators |
8.1 Percentage of lanthanum used in the production of electronic devices and renewable energy technologies. |
8.2 Number of government policies and incentives supporting the use of lanthanum in sustainable development projects. |
8.3 Research and development investments in lanthanum-based products and technologies in the Philippines. |
9 Philippines Lanthanum Market - Opportunity Assessment |
9.1 Philippines Lanthanum Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Philippines Lanthanum Market Opportunity Assessment, By Product, 2021 & 2031F |
10 Philippines Lanthanum Market - Competitive Landscape |
10.1 Philippines Lanthanum Market Revenue Share, By Companies, 2024 |
10.2 Philippines Lanthanum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |