Dysprosium Market Analysis, Historical Chart Provided by Procurement Resource
| Report Features | Details |
| Product Name | Dysprosium |
| Region/Countries Covered |
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| Currency | US$ (Data can also be provided in local currency) |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Request for Real Time Dysprosium Prices: https://www.procurementresource.com/resource-center/dysprosium-price-trends/pricerequest
Dysprosium (Dy) is a unique chemical element from the periodic table’s lanthanide series and can be found in nature. It has an atomic mass of 66. Monazite and bastnaesite are minerals that contain Dysprosium, and xenotime and fergusonite also contain a minute amount of it. It is a shiny, silvery metallic element with a dazzling appearance.
The salts of dysprosium are not harmful in solid form; however, they are somewhat dangerous when liquid. It has a melting point of 1412°C and a boiling point of 2567°C, and is soft enough to cut with a knife. It possesses the strongest magnetic field, which gets stronger at colder temperatures.
Dysprosium is usually formed from monazite sand using a solvent extraction technique and ion exchange method. It can also be produced through the reduction of dysprosium trifluoride with calcium.
The leading dysprosium-producing countries are Australia, the United States, China, and Myanmar.
Key Details About the Dysprosium Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the dysprosium price, H2O2 price and hexene price etc. in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The dysprosium price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Dysprosium Price Trend:
The industrial uses that impact the dysprosium price trends include the manufacturing of laser materials, phosphor activators control rods in nuclear reactors, and metal halide lamps. Other than that, it is also used as an alloy in a neodymium-based magnet.
Due to its ability to resist demagnetisation at high temperatures, dysprosium is ideal for the production of motors and generators. Both wind turbines and electric cars contain these magnets. Therefore, the use of it in the vehicle industry is increasing market demand.
In addition, it is used in halide discharge lamps to produce bright white light for the lamps. It also has uses in radioactivity because it is a radioactive element. As because it absorbs neutrons, it is used to create regulating rods in nuclear power plant reactors. Metal is being used in all of the following applications, which is helping the industry grow more quickly.
Key Players:
- American Elements,
- Northern Minerals Limited,
- Ucore Rare Metals Inc.
News and Events:
- November 11, 2022: The characteristics of the magnetic material dysprosium were enhanced and upgraded by researchers from the US Department of Energy’s Critical Materials Institute (CMI) and Ames National Laboratory in order to scale the production.
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