Caesium Iodide Market Report 2020 Foresees the Market to reach USD 372.3 MN by 2027
Posted On January 07, 2021
The report by Value Market Research on the Global Caesium Iodide Market anticipates the market growth to reach CAGR of 6.5% during 2020-2026. The market is expected to reach USD 372.3 MN by 2027. Caesium iodide, a robust ionic compound of iodine and caesium, is well suited for high energy physics systems. The growing adoption of this robust material, caesium iodide, in several medical and industrial applications is the critical factor driving this market. Increasing demand for X-ray detectors in medical and research labs will benefit the development of this market. The rising use of caesium iodide in other applications like electronic devices, medical equipment, advanced military weapons, nuclear imaging, and space systems will boost market growth. Private and government organizations' high investment in the research and development of advanced technological materials for innovative applications will provide lucrative opportunities for this market's growth. This market's main challenges are the availability of raw materials and high-temperature gradient and low hygroscopicity.
Caesium iodide is an incredibly soft chemical compound with the most resonant IR transmission. It is commonly used to make cell windows and prisms used in infrared applications. CsI is used in beam splitters found in Fourier Transform Infra-Red (FTIR) devices and scintillators either in undoped form or doped with sodium or thallium. It is challenging to polish, caesium iodide is used in security imaging systems, nuclear imaging, and the broadest range of spectrophotometers. In medical applications, caesium iodide is used as the scintillating material in flat panel x-ray detectors. A hygroscopic chemical caesium iodide is one of the best-suited materials for space research or other applications where extreme shock conditions are encountered.
The report “Global Caesium Iodide Market Report By Types (CsI (Tl),CsI (Na),CsI Pure), By Applications (Healthcare,Industrial Use ,Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2020-2027" covers the market introduction, key market statistics followed by in-depth regional revenue/or volume analysis. The report analyses the trends of the past years along with deeply studying the geo-political trends, thus authenticating the findings of the research and making it more reliable.
On the basis of types the market is segmented into CsI (Tl), CsI (Na), CsI Pure. By applications the caesium iodide market is categorised as Healthcare, Industrial Use, Others. North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa are the regions covered in the report. This geographical section of the report highlights the share of the revenue/volume spread globally.
The Report Segments Global Caesium Iodide Market -
- CsI (Tl)
- CsI (Na)
- CsI Pure
- Industrial Use
- North America
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Saint Gobain S.A., Amcrys, Hamamatsu Photonics K.K., Scintacor, Radiation Monitoring Devices, Inc., EPIC Crystal Company Limited, Shanghai SICCAS, Shanghai Ucome.
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