The global Caesium Iodide (Cesium Iodide) (CsI) market showed significant growth in 2020 and is expected to maintain a steady revenue CAGR during the forecast period. Caesium iodide, an ionic compound of caesium and iodine, is a major contributor to the growth of the market. It is widely used in X-ray image intensifier tubes, and its photocathodes are extremely efficient in extreme ultraviolet wavelengths. Despite being disadvantageous due to low resilience to thermal and mechanical stress, CsI is used either undoped or doped with sodium or thallium for scintillation counting.
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Cesium Iodide Market: Notable Innovation
The cesium iodide market has seen notable innovations in recent years. One of the most significant developments is the use of Caesium Iodide (Cesium Iodide) (CsI) scintillators in medical imaging technology, such as CT scanners and PET scanners. These scintillators are able to convert high-energy radiation into visible light, allowing for more accurate and detailed imaging. Additionally, there have been advancements in the production of high-purity cesium iodide crystals, which are essential for use in these scintillators. Overall, these innovations have led to improved medical imaging capabilities and increased demand for cesium iodide in various industries.
Here are some of the top companies in the Cesium Iodide market:
- Saint-Gobain S.A.
- Hamamatsu Photonics K.K.
- Scintacor Ltd.
- Hitachi Metals America, Ltd.
- Shanghai SICCAS High Technology Corporation
- Rexon Components Inc.
- Amcrys
- Shanghai Ucome Technology Co., Ltd.
- Beijing Opto-Electronics Technology Co., Ltd.
- Crytur spol. s r.o.
Cesium Iodide Market: drive factors
There are several driving factors behind the growth of the cesium iodide market. One of the primary factors is the increasing demand for Caesium Iodide (Cesium Iodide) (CsI) in the healthcare industry for use in medical imaging and radiation detection applications. Additionally, the growing adoption of Caesium Iodide (Cesium Iodide) (CsI) in the aerospace and defense industries for its high sensitivity to gamma radiation and excellent scintillation properties is also driving market growth. The increasing demand for cesium iodide in the manufacturing of scintillation detectors and detectors used in industrial and environmental monitoring is another driving factor. Technological advancements and the development of new applications for cesium iodide are also expected to fuel market growth in the coming years.
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