Pure Cesium Lodide and Doped Cesium Lodide Market Definition
Pure cesium iodide is a purified alkali metal halide made from cesium and iodine. The ionic compound is synthesized inside double-wall carbon nanotubes. The high-density material has one of the deepest infrared transmissions and highly efficient photocathodes at high ultraviolet wavelengths. Doped cesium iodides come in several varieties, including thallium doped, sodium doped, sodium-barium doped, manganese doped, and calcium doped. These compounds have several applications in their crystalline form in medicine, oil and gas exploration, and especially in scientific research, including space exploration and particle physics for optical and radiation detection.
The pure cesium iodide and doped cesium iodide market is divided based on chemical formulas into cesium iodide (thallium), cesium iodide (sodium), and pure cesium iodide. By application, the market is segmented into industrial testing, safety inspection, medical industry, physical experiments, geological exploration, and others. Notable firms operating in the market include Hamamatsu Photonics, Luxium Solutions, Amcrys, Shanghai Ucome, Epic Crystal, Scintacor, American Elements, Hilger Crystals, Shanghai SICCAS, CapeSym, Kinheng Crystal, and Crystran.
The growth in the pure cesium iodide and doped cesium iodide market is due to various applications for these ionic compounds, including medical imaging, high-energy physics, security imaging systems, and solar cells. Pure cesium iodide and doped cesium iodide are highly customizable and are used in experimental apparatus for matrix isolation and spectroscopy, especially in scintillators for detecting gamma radiation. Despite these critical applications, the market is limited by highly technical and expensive production costs and limited availability of raw materials. There are, however, several growth opportunities in space, including advancements in medical imaging and increased global expenditure on space research and development, driven by both government and private sector investment.