Thailand Yttrium Market (2025-2031) Outlook | Forecast, Analysis, Size, Growth, Industry, Companies, Trends, Share, Value & Revenue

Thailand Yttrium Market Synopsis

Yttrium is used primarily in phosphors for color television tubes and white LEDs which have grown rapidly over recent years driving up domestic demand significantly since 2018. Total yttrium consumption was estimated at around 16 metric tons per year in 2025 though imports are much higher than local production meaning that mostly all supply comes from overseas countries including Japan, China and Russia which accounted for more than 80% share collectively in 2025 according to International Trade Centre statistics.

Drivers of the Market

Yttrium is crucial for phosphors used in electronics, lasers, and medical imaging. The market`s growth is propelled by the electronics and medical industries` constant innovation. Yttrium`s luminescent properties make it indispensable for products like flat-panel displays and MRI scanners.

Challenges of the Market

Yttrium finds applications in electronics and ceramics. The Thailand yttrium market faced obstacles with disruptions in supply chains and manufacturing. The recovery of electronics manufacturing and renewed demand for high-tech devices will likely contribute to the market`s resurgence.

COVID-19 Impact on the Market

Yttrium, used in various applications including electronics and medical devices, could have experienced shifts in demand due to changes in industrial activities. Recovery in these sectors might have contributed to the market`s stability.

Key Players in the Market

The Thailand yttrium market features key players like YttriumTech Co., RareEarth Minerals Ltd., and Elemental Alloys Group. YttriumTech Co. is a major producer of yttrium-based products, catering to sectors like electronics, ceramics, and catalyst manufacturing. RareEarth Minerals Ltd. specializes in rare earth element extraction, including yttrium, contributing to domestic supply chains. Elemental Alloys Group produces a range of alloys and compounds, serving industries with unique demands. These key players contribute to Thailand`s technological advancement by providing high-quality yttrium for critical applications.

Key Highlights of the Report:

• Thailand Yttrium Market Outlook
• Market Size of Thailand Yttrium Market, 2024
• Forecast of Thailand Yttrium Market, 2031
• Historical Data and Forecast of Thailand Yttrium Revenues & Volume for the Period 2021-2031
• Thailand Yttrium Market Trend Evolution
• Thailand Yttrium Market Drivers and Challenges
• Thailand Yttrium Price Trends
• Thailand Yttrium Porter's Five Forces
• Thailand Yttrium Industry Life Cycle
• Historical Data and Forecast of Thailand Yttrium Market Revenues & Volume By Product Type for the Period 2021-2031
• Historical Data and Forecast of Thailand Yttrium Market Revenues & Volume By Alloy for the Period 2021-2031
• Historical Data and Forecast of Thailand Yttrium Market Revenues & Volume By Metal for the Period 2021-2031
• Historical Data and Forecast of Thailand Yttrium Market Revenues & Volume By Compounds for the Period 2021-2031
• Historical Data and Forecast of Thailand Yttrium Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Thailand Yttrium Market Revenues & Volume By Phosphors for the Period 2021-2031
• Historical Data and Forecast of Thailand Yttrium Market Revenues & Volume By Ceramics for the Period 2021-2031
• Historical Data and Forecast of Thailand Yttrium Market Revenues & Volume By Electronic Devices for the Period 2021-2031
• Historical Data and Forecast of Thailand Yttrium Market Revenues & Volume By High Temperature Refractories for the Period 2021-2031
• Historical Data and Forecast of Thailand Yttrium Market Revenues & Volume By Lasers for the Period 2021-2031
• Historical Data and Forecast of Thailand Yttrium Market Revenues & Volume By Metallurgical Applications for the Period 2021-2031
• Historical Data and Forecast of Thailand Yttrium Market Revenues & Volume By Solid Oxide Fuel Cell for the Period 2021-2031
• Historical Data and Forecast of Thailand Yttrium Market Revenues & Volume By Others for the Period 2021-2031
• Thailand Yttrium Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Application
• Thailand Yttrium Top Companies Market Share
• Thailand Yttrium Competitive Benchmarking By Technical and Operational Parameters
• Thailand Yttrium Company Profiles
• Thailand Yttrium Key Strategic Recommendations