Lucintel’s latest market report analyzed that cesium provides attractive opportunities in the medical & pharmaceutical and oil & gas end use industries. The cesium market is expected to reach $453.1 million by 2028 with a CAGR of 6.1%. In this market, cesium chloride is the largest segment by product, whereas medical and pharmaceuticals is largest by end use industry.
Based on product, the cesium market is segmented into cesium chloride, cesium iodide, cesium hydroxide, and others, lighting control, HVAC control, and smart healthcare. The cesium chloride segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, because of its usage in medical imaging, cancer therapy, and positron emission tomography (PET) in the medical and healthcare industries, as well as growing application of cesium chloride as a chemical reagent for the preparation of beverage items like mineral waters.
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The Cesium Market is marked by the presence of several big and small players. Some of the prominent players offering cesium include A.B. Enterprises, Absco, ADVA Optical Networking, Albemarle, American Elements, Avalon Advanced Materials, Barentz International, Battle Chemicals, Cabot Corporation, Materion, Merck KGaA, and Thermo Fisher Scientific.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link email@example.com.
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