Praseodymium is an inorganic chemical compound that comprises oxygen and praseodymium molecules. Praseodymium is a rare earth element obtained from monazite and bastnaesite ores found in the earth’s crust. There are various Praseodymium Oxides with different oxygen and praseodymium atoms compositions and varying oxidation states, such as Pr 2 O 3, PrO 2, and Pr 6 O 11.
Its melting and boiling point measures around 2183° C and 3760° C, respectively. Praseodymium Oxide is a light, greenish-colored crystal structure generally insoluble in water. It is a thermally stable compound that is mainly used to manufacture optics, glasses, and ceramic items on a large scale.
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Vietnam, India, and the United States are the key importing countries that import Praseodymium Oxide. On the other hand, the key exporting countries are the United Kingdom, the United States, and Malaysia.
Key Details About the Praseodymium Oxide 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 Praseodymium Oxide price 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 Praseodymium Oxide Price Trend, including India Praseodymium Oxide price, USA Praseodymium Oxide price, 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 Praseodymium Oxide Price Trend:
Praseodymium Oxide is a rare earth chemical compound that has various applications in the commercial market. It is used in manufacturing several household equipment such as fluorescent lamps, color televisions, energy-saving lamps, and glasses. The glass manufacturers and the welders use it in goggles because it filters infrared radiation and gives the glasses a yellow color coat.
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Additionally, Praseodymium Oxide is used to color glass and ceramic materials and to manufacture films with great dielectric properties. Praseodymium Oxide is used as a magnetic material, as a dried powder that is mixed with binders and used in plasma spray guns and coating. It is also used as a catalyst in chemical synthesis processes that are performed on a large scale.
Key Players:
- BASF
- Dow
- Eastman
- Oxea
- Sasol
- Wu Jiang Chemical
- Zibo Nalcohol Chemical
News & Recent Development
- Date: February 8, 2023- The Bresnahan project in the Western Australia region produces a large amount of light and heavy rare earth (HREE) resources, including Praseodymium Oxide and other minerals.
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