Product Code: ETC209560 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Thorium Hydroxide is a compound of thorium and hydroxide ions used mainly in nuclear reactor fuel. It is also used as an electrolyte in fluoride-selective electrodes for process control, due to its high solubility and ionic conductivity. The most common form of Thorium Hydroxide is Th(OH)4, which has a molecular weight of approximately 159.83 g/mol. In Indonesia, the demand for Thorium Hydroxide has increased significantly over the past few years owing to the rising number of nuclear power projects being undertaken by various government agencies.
One major trend driving growth in Indonesia thorium hydroxide market is that it is becoming increasingly available on the commercial market due to recent technological advances such as solvent extraction processes and new industrial applications developed specifically for Thorium Hydroxide production. This increase in supply from businesses specializing in manufacturing this product has resulted in more competitive pricing and greater accessibility when compared with other sources of rare earth elements such as uranium or plutonium oxide compounds typically used for nuclear energy generation. Additionally, increased research efforts focused on better understanding the properties associated with this material have enabled new uses beyond traditional reactor fuel applications, including radiopharmaceuticals and ceramic products like glazes or frits.
The main drivers behind growth within Indonesia thorium hydroxide market are increasing public awareness regarding nuclear energy safety standards along with an increased focus on environmental sustainability initiatives put forth by both local governments and global organizations like The United Nations Sustainable Development Goals program (SDGs). These factors have spurred investment into alternative forms of electricity generation systems such as renewable energies while simultaneously encouraging further exploration into improved methods of producing thorium-based fuels that can be safely utilized for generating large amounts clean electricity without posing any serious health risks to nearby communities or ecosystems at large.. As a result, national governments across Southeast Asia are beginning to invest heavily into research programs focused on developing sustainable reactors fueled exclusively by these types materials due their low toxicity rates relative other radioactive substances commonly found inside traditional plants powered using enriched uranium or plutonium oxides.
The spread of the COVID-19 pandemic has adversely affected the global economy. Several restrictions imposed upon industrial activities due heavy lockdowns & social distancing norms have hamperedmanufacturing capabilitieswhichin turn resultedinto decreased production capacities thus affecting overall output rates considerably hampering industry progress significantly Moreover, delays in contract awards along with disruption incommodity suppliesand weakened financial conditionshave hindered market revenue growthover 2025. However ,increasing investments towards nuclear energy projects.
However, there are certain challenges faced by players operating in this market. One major challenge is that availability of thorium ore is limited due to its nonrenewable nature and thus it?s a highly expensive raw material required for production; making it difficult to mass produce products on a larger scale without incurring huge costs. Additionally, global regulations on radioactive materials pose another hurdle when exporting them across borders and therefore hinders the growth potential of international trade within the industry.
Nevertheless, some key players operating in this sector include: China National Nuclear Corporation (CNNC), Areva SA from France, Westinghouse Electric Corporation from USGK India Private Limited from India and Urenco Group from UK among others who have established their presence worldwide by providing high-quality services related to all aspects related with nuclear technology including reactor design & engineering support systems manufacturing supply chain management etc.,making them leading suppliers in the global thorium hydroxide market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Thorium Hydroxide Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Thorium Hydroxide Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Thorium Hydroxide Market - Industry Life Cycle |
3.4 Indonesia Thorium Hydroxide Market - Porter's Five Forces |
3.5 Indonesia Thorium Hydroxide Market Revenues & Volume Share, By By Type, 2021 & 2031F |
3.6 Indonesia Thorium Hydroxide Market Revenues & Volume Share, By By Application, 2021 & 2031F |
4 Indonesia Thorium Hydroxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Thorium Hydroxide Market Trends |
6 Indonesia Thorium Hydroxide Market, By Types |
6.1 Indonesia Thorium Hydroxide Market, By By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Thorium Hydroxide Market Revenues & Volume, By By Type, 2021-2031F |
6.1.3 Indonesia Thorium Hydroxide Market Revenues & Volume, By (2N) 99% Thorium Oxide , 2021-2031F |
6.1.4 Indonesia Thorium Hydroxide Market Revenues & Volume, By (3N) 99.9% Thorium Oxide , 2021-2031F |
6.1.5 Indonesia Thorium Hydroxide Market Revenues & Volume, By (4N) 99.99% Thorium Oxide , 2021-2031F |
6.1.6 Indonesia Thorium Hydroxide Market Revenues & Volume, By (5N) 99.999% Thorium Oxide , 2021-2031F |
6.2 Indonesia Thorium Hydroxide Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Thorium Hydroxide Market Revenues & Volume, By Semiconductor , 2021-2031F |
6.2.3 Indonesia Thorium Hydroxide Market Revenues & Volume, By Chemical Vapor Deposition (CVD) , 2021-2031F |
6.2.4 Indonesia Thorium Hydroxide Market Revenues & Volume, By Physical Vapor Deposition (PVD)? , 2021-2031F |
6.2.5 Indonesia Thorium Hydroxide Market Revenues & Volume, By Fuel cells , 2021-2031F |
6.2.6 Indonesia Thorium Hydroxide Market Revenues & Volume, By Solar energy , 2021-2031F |
6.2.7 Indonesia Thorium Hydroxide Market Revenues & Volume, By Nuclear reactors , 2021-2031F |
7 Indonesia Thorium Hydroxide Market Import-Export Trade Statistics |
7.1 Indonesia Thorium Hydroxide Market Export to Major Countries |
7.2 Indonesia Thorium Hydroxide Market Imports from Major Countries |
8 Indonesia Thorium Hydroxide Market Key Performance Indicators |
9 Indonesia Thorium Hydroxide Market - Opportunity Assessment |
9.1 Indonesia Thorium Hydroxide Market Opportunity Assessment, By By Type, 2021 & 2031F |
9.2 Indonesia Thorium Hydroxide Market Opportunity Assessment, By By Application, 2021 & 2031F |
10 Indonesia Thorium Hydroxide Market - Competitive Landscape |
10.1 Indonesia Thorium Hydroxide Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Thorium Hydroxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |