Detailed Study of Osmium Market by Research Cosmos

Market-Research

Osmium Market Overview:

Osmium is obtained by extracting platinum metal from its minerals. It is found as an alloy with iridium. Physically, osmium is hard, fragile and bright. Its brightness is preserved even at high temperatures. Osmium is toxic in nature and undergoes a chemical reaction to form osmium tetroxide when exposed to air. Due to the osmium toxicity, there are many regulations on the use of this product. Osmium is used in the manufacture of alloys because it induces properties such as hardness and resistance to corrosion.

Osmium Market Size and Growth Rate:

As per the latest reports published by Research Cosmos, Osmium Market was valued at USD xx million in 2017 and projected to reach USD xx million by 2025 growing at a CAGR of xx% during the forecast period 2018 to 2025.

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Osmium Market Growth Drivers and Restraints:

Osmium applications have had a positive influence on market demand. The price of osmium remains stagnant, which favors even more for the growth of the industry.

However, the toxic nature of osmium requires efficient storage facilities. This could hamper the growth of the market in future periods.

Some of the prominent applications of the global market include boom tip, instrumental pivot, electrical contact and others, such as gramophone, compass needles and watch bearings.

Geographical Analysis of Osmium Market:

China, the main exporter of osmium, contributes significantly to the participation of the world market.

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Key Players of Osmium Market:

Some of the major companies involved in the global osmium market include Ceimig Limited, American Elements, Reade International Corp and Cleantech, among others.

Osmium Market Segmentation:

By Product:

•             Granules

•             Rod

•             Pellets

•             Powder

By End Users / Applications:

•             Fountain Pen Nibs

•             Instrumental Pivots

•             Electrical Contacts

By Region:

•             North America

•             South America

•             Europe

•             Asia Pacific

•             Middle East and Africa

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