Rubidium Carbonate Market is Projected to Reach US$ 2,454.7 Million by 2035, Expanding at a 4.8% CAGR | Fact.MR Report

Growing Demand for Rubidium Across Various Industries is Driving the Market

/EIN News/ -- Rockville, MD , Feb. 17, 2025 (GLOBE NEWSWIRE) -- According to Fact.MR, a market research and competitive intelligence provider, the global Rubidium Carbonate Market is estimated to reach a valuation of US$ 1,536.0 million in 2025 and is expected to grow at a CAGR of 4.8% during the forecast period of (2025 to 2035).

Rubidium carbonate is a convenient compound of rubidium. It is stable and readily soluble in water. Carbonate compounds also give off carbon dioxide when treated with dilute acids.

Rubidium carbonate is generally immediately available in most volumes. High purity, sub-micron and nano-powder forms may be considered. The increasing focus on renewable energy technologies, particularly in solar power applications, presents new opportunities for rubidium-based technologies. Expansion of telecommunication infrastructure in developing regions will also help in increasing the market.

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Key Takeaways from Market Study:

• The global rubidium carbonate market is projected to grow at 4.8% CAGR and reach US$ 2,454.7 million by 2035
• The market created an absolute $ opportunity of US$ 918.7 million growing at a CAGR of 4.8% between 2025 to 2035
• North America is a prominent region that is estimated to hold a market share of 29.8% in 2035
• Glass manufacturing under Industry are estimated to grow at a CAGR of 5.2% creating an absolute $ opportunity of US$ 259.1 million between 2025 and 2035
• North America and East Asia are expected to create an absolute $ opportunity of US$ 570.7 million collectively
  

“Environmental awareness, adoption across various industries, and technological advancement in manufacturing process will drive the market” says a Fact.MR analyst.

Leading Players Driving Innovation in the Rubidium Carbonate Market:

Alfa Aesar; American Elements; Central Drug House; EREZTECH; ESPI Metals; Fisher Scientific; Glentham; Macklin; Materion; Materion Corporation; Merck; Noah Technologies Corporation; ProChem, Inc.; Rhawn; Shanghai China Lithium Industrial Co., Ltd.; Sinomine Resource Group Co., Ltd.; Stanford Advanced Materials; Strem.

Market Development:

Manufacturers are researching and developing their products to provide better products as well as develop improved manufacturing processes. This is positively contributing to market growth.

The demand for rubidium carbonate in different industries is on the rise. Some of these industries include. It is used in making high-performance components. Improvement of glass's properties for use in high applications. Used in the imaging and diagnostic products. Advances in the extraction and processing technologies continue to make rubidium carbonate increasingly easier and cheaper, with further boosts of market growth.

Country-wise Insights:

The US market is expected to reach US$ 347.1 million in 2025 and grow at a compound annual growth rate (CAGR) of 5.1% until 2035. From 2025 to 2035, this market is expected to create an absolute potential worth US$222.7 million.

Rubidium carbonate is necessary for the manufacturing of semiconductors and speciality glasses, and as the semiconductor industry is expanding in the United States, it will contribute to the market's rapid growth. The primary motivator is the increasing need for high-performance materials.

Since this substance is important in nuclear medicine, particularly in cardiac imaging and PET scans, increasing its use in the US healthcare industry will boost market revenue. The use of rubidium in the production of premium glass for a range of uses, such as fibre optics and precision optical devices, increases market demand.

Merck, American Elements, Fisher Scientific, EREZTECH, Alfa Aesar, Materion, Strem, Glentham, Macklin, Rhawn, and Central Drug House are some of the major competitors in the competitive U.S. market.

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More Valuable Insights on Offer:

Fact.MR, in its new offering, presents an unbiased analysis of the global rubidium carbonate market, presenting historical data for 2020 to 2024 and forecast statistics for 2025 to 2035.

The study reveals essential insights on the basis of the purity (purity 99%, Purity 99.9%), by application (special glass, ceramic, chemical, others), by end user industry (glass manufacturing, electronics, chemical, pharmaceutical, others) across major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and Middle East & Africa).

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