Europium Market

By Grade;

High Purity and Low Purity

By Application;

Lighting, Electronics and Medical

By End User;

Consumer Electronics, Automotive and Industrial

By Product Type;

Europium Oxide, Europium Salts and Europium Metal

By Production Method;

Ion Exchange, Solvent Extraction and Electrolysis

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn815444675 Published Date: September, 2025 Updated Date: October, 2025

Europium Market Overview

Europium Market (USD Million)

Europium Market was valued at USD 3,451.43 million in the year 2024. The size of this market is expected to increase to USD 6,149.04 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.6%.


Europium Market

*Market size in USD million

CAGR 8.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.6 %
Market Size (2024)USD 3,451.43 Million
Market Size (2031)USD 6,149.04 Million
Market ConcentrationMedium
Report Pages319
3,451.43
2024
6,149.04
2031

Major Players

  • Avalon Advanced Materials Inc
  • Rare Element Resources Ltd
  • Canada Rare Earth Corporation
  • Lynas Corporation Ltd
  • China Minmetals Corporation
  • Neo Performance Materials
  • Indian Rare Earth Ltd
  • Arafura Resources Ltd
  • ACI Alloys Inc
  • All-Chemie Ltd
  • American Elements
  • Hastings Technology Metals Ltd

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Europium Market

Fragmented - Highly competitive market without dominant players


Introduction to the Europium Market
The Europium market is witnessing strong momentum as this rare earth element becomes increasingly essential in phosphors, lasers, and electronic innovations. Recognized for its unique luminescent qualities, Europium is now linked to over 45% of its demand coming from display and lighting technologies. Its ability to deliver high-performance functionality underlines its rising significance across industrial applications.

Expanding Role in Electronics
Europium has become indispensable in the development of red and blue phosphors, which are crucial for modern televisions, smartphones, and LED displays. More than 40% of the phosphor-driven display sector relies on Europium for consistent brightness and color stability. This growing demand is reinforced by the rapid evolution of consumer electronics and ongoing upgrades in display technologies.

Driving Energy-Efficient Innovations
The global shift toward sustainable lighting solutions has strengthened Europium’s market adoption. Its application in fluorescent lamps and LED lighting systems contributes to approximately 30% of the market demand. With industries and households focusing on energy savings, Europium plays a critical role in enabling eco-friendly and long-lasting lighting solutions.

Strengthening Security Applications
Europium’s fluorescent and anti-counterfeit attributes have made it a key component in safeguarding currencies, passports, and high-security documents. Nearly 20% of the demand comes from these specialized uses, ensuring stable growth. Its role in enhancing durability and authenticity continues to make it a reliable element in the security sector.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Product Type
    5. Market Snapshot, By Production Method
    6. Market Snapshot, By Region
  4. Europium Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. LED Lighting Demand
        2. Display Technology Expansion
        3. Energy Efficiency Focus
        4. Nuclear Energy Growth
      2. Restraints
        1. Limited Supply Availability
        2. Environmental Concerns
        3. Market Volatility
        4. High Extraction Costs
      3. Opportunities
        1. Recycling Initiatives Expansion
        2. Technological Advancements
        3. Sustainable Mining Practices
        4. Emerging Market Growth
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Europium Market, By Grade, 2021 - 2031 (USD Million)
      1. High Purity
      2. Low Purity
    2. Europium Market, By Application, 2021 - 2031 (USD Million)
      1. Lighting
      2. Electronics
      3. Medical
    3. Europium Market, By End User, 2021 - 2031 (USD Million)
      1. Consumer Electronics
      2. Automotive
      3. Industrial
    4. Europium Market, By Product Type, 2021 - 2031 (USD Million)
      1. Europium Oxide
      2. Europium Salts
      3. Europium Metal
    5. Europium Market, By Production Method, 2021 - 2031 (USD Million)
      1. Ion Exchange
      2. Solvent Extraction
      3. Electrolysis
    6. Europium Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Shenghe Resources
      2. Lynas Corporation
      3. MP Materials
      4. Avalon Advanced Materials
      5. China Minmetals Rare Earth
      6. Rare Element Resources
      7. Arafura Resources
      8. Great Western Minerals
      9. Alkane Resources
      10. Rainbow Rare Earths
      11. Greenland Minerals and Energy
      12. Australian Strategic Materials
      13. Indian Rare Earth
      14. Neo Performance Materials
      15. Baotou Steel Rare Earth
  7. Analyst Views
  8. Future Outlook of the Market