Global Thorium-228 Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Thorium-228 market size was valued at US$ 2.2 million in 2024 and is forecast to a readjusted size of USD 3.3 million by 2031 with a CAGR of 6.3% during review period.
Thorium-228 is a radioactive isotope. In irradiated thorium elements, 228Th can be produced through specific nuclear reactions. For example, when radium-226 is irradiated in the High Flux Isotope Reactor, actinium-227 and thorium-228 are produced. As a byproduct of the production of actinium-227, thorium-228 can be produced in large quantities.
Thorium-228 has a wide range of applications in the medical field. It can be used to make radium-224/lead-212 generators, which allow radium-224 extracted from thorium-228 to decay over time and produce lead-212 and bismuth-212. Lead-212 and bismuth-212 can be used to study targeted alpha therapies to attack metastatic skin cancer and neuroendocrine tumors with minimal damage to surrounding tissues. In addition, thorium-228 can be combined with other biomolecules to develop a cancer targeted therapy combination. In addition to medical applications, thorium-228 may have other potential applications. However, due to its radioactivity and decay characteristics, these applications need to be carefully evaluated and strictly managed.
Due to the strong radioactivity of thorium-228, thorium separated from irradiated thorium is best stored for 10 to 20 years before reuse to ensure that its radioactivity level is reduced to a safe range. When storing and handling thorium-228, strict radiation protection measures need to be taken to avoid health hazards caused by ionizing radiation.
As a radioactive isotope, thorium 228 has potential application value in many fields, and its development is jointly affected by multiple driving factors and hindering factors.
Thorium 228 has broad application prospects in the medical field, especially in cancer treatment. It can be used to make radium-224/lead-212 generators, and the lead-212 and bismuth-212 produced by these generators can be used to study targeted alpha therapy, which has therapeutic effects on cancers such as metastatic skin cancer and neuroendocrine tumors. With the rising incidence of cancer and the increasing demand for cancer treatment, the demand for thorium 228 is expected to continue to grow.
Continuous technological innovation provides more possibilities for the extraction, separation and application of thorium 228. For example, by improving nuclear reaction technology, the production efficiency and purity of thorium 228 can be improved; by developing new radioisotope labeling technology, thorium 228 can be combined with other biomolecules to develop more cancer targeted therapy combinations.
Governments of various countries have given certain policy support to the research and application of radioisotopes. These policies include financial support, tax incentives, R&D subsidies, etc., which provide a good policy environment for the R&D and application of thorium 228.
There are many technical difficulties in the extraction, separation and application of thorium 228. For example, how to efficiently extract and separate thorium 228, how to ensure its safety and stability, and how to apply it in the medical field all require further technical research and innovation. The production and application costs of thorium 228 are high. This includes raw material costs, production costs, R&D costs, and operating costs. The high cost limits the widespread application and commercialization of thorium 228.
This report is a detailed and comprehensive analysis for global Thorium-228 market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Thorium-228 market size and forecasts, in consumption value ($ Million), sales quantity (M Curie), and average selling prices (US$/M Curie), 2020-2031
Global Thorium-228 market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Curie), and average selling prices (US$/M Curie), 2020-2031
Global Thorium-228 market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Curie), and average selling prices (US$/M Curie), 2020-2031
Global Thorium-228 market shares of main players, shipments in revenue ($ Million), sales quantity (M Curie), and ASP (US$/M Curie), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Thorium-228
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Thorium-228 market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ORNL(NIDC), Eckert & Ziegler, Laboratoire Maurice Tubiana, Thor Medicals, RITVERC JSC, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Thorium-228 market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
99.0%-99.5%
＞99.5%
Market segment by Application
Nuclear Medicine
Scientific Research
Others
Major players covered
ORNL(NIDC)
Eckert & Ziegler
Laboratoire Maurice Tubiana
Thor Medicals
RITVERC JSC
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Thorium-228 product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Thorium-228, with price, sales quantity, revenue, and global market share of Thorium-228 from 2020 to 2025.
Chapter 3, the Thorium-228 competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Thorium-228 breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Thorium-228 market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Thorium-228.
Chapter 14 and 15, to describe Thorium-228 sales channel, distributors, customers, research findings and conclusion.
Thorium-228 is a radioactive isotope. In irradiated thorium elements, 228Th can be produced through specific nuclear reactions. For example, when radium-226 is irradiated in the High Flux Isotope Reactor, actinium-227 and thorium-228 are produced. As a byproduct of the production of actinium-227, thorium-228 can be produced in large quantities.
Thorium-228 has a wide range of applications in the medical field. It can be used to make radium-224/lead-212 generators, which allow radium-224 extracted from thorium-228 to decay over time and produce lead-212 and bismuth-212. Lead-212 and bismuth-212 can be used to study targeted alpha therapies to attack metastatic skin cancer and neuroendocrine tumors with minimal damage to surrounding tissues. In addition, thorium-228 can be combined with other biomolecules to develop a cancer targeted therapy combination. In addition to medical applications, thorium-228 may have other potential applications. However, due to its radioactivity and decay characteristics, these applications need to be carefully evaluated and strictly managed.
Due to the strong radioactivity of thorium-228, thorium separated from irradiated thorium is best stored for 10 to 20 years before reuse to ensure that its radioactivity level is reduced to a safe range. When storing and handling thorium-228, strict radiation protection measures need to be taken to avoid health hazards caused by ionizing radiation.
As a radioactive isotope, thorium 228 has potential application value in many fields, and its development is jointly affected by multiple driving factors and hindering factors.
Thorium 228 has broad application prospects in the medical field, especially in cancer treatment. It can be used to make radium-224/lead-212 generators, and the lead-212 and bismuth-212 produced by these generators can be used to study targeted alpha therapy, which has therapeutic effects on cancers such as metastatic skin cancer and neuroendocrine tumors. With the rising incidence of cancer and the increasing demand for cancer treatment, the demand for thorium 228 is expected to continue to grow.
Continuous technological innovation provides more possibilities for the extraction, separation and application of thorium 228. For example, by improving nuclear reaction technology, the production efficiency and purity of thorium 228 can be improved; by developing new radioisotope labeling technology, thorium 228 can be combined with other biomolecules to develop more cancer targeted therapy combinations.
Governments of various countries have given certain policy support to the research and application of radioisotopes. These policies include financial support, tax incentives, R&D subsidies, etc., which provide a good policy environment for the R&D and application of thorium 228.
There are many technical difficulties in the extraction, separation and application of thorium 228. For example, how to efficiently extract and separate thorium 228, how to ensure its safety and stability, and how to apply it in the medical field all require further technical research and innovation. The production and application costs of thorium 228 are high. This includes raw material costs, production costs, R&D costs, and operating costs. The high cost limits the widespread application and commercialization of thorium 228.
This report is a detailed and comprehensive analysis for global Thorium-228 market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Thorium-228 market size and forecasts, in consumption value ($ Million), sales quantity (M Curie), and average selling prices (US$/M Curie), 2020-2031
Global Thorium-228 market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Curie), and average selling prices (US$/M Curie), 2020-2031
Global Thorium-228 market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Curie), and average selling prices (US$/M Curie), 2020-2031
Global Thorium-228 market shares of main players, shipments in revenue ($ Million), sales quantity (M Curie), and ASP (US$/M Curie), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Thorium-228
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Thorium-228 market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ORNL(NIDC), Eckert & Ziegler, Laboratoire Maurice Tubiana, Thor Medicals, RITVERC JSC, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Thorium-228 market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
99.0%-99.5%
＞99.5%
Market segment by Application
Nuclear Medicine
Scientific Research
Others
Major players covered
ORNL(NIDC)
Eckert & Ziegler
Laboratoire Maurice Tubiana
Thor Medicals
RITVERC JSC
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Thorium-228 product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Thorium-228, with price, sales quantity, revenue, and global market share of Thorium-228 from 2020 to 2025.
Chapter 3, the Thorium-228 competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Thorium-228 breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Thorium-228 market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Thorium-228.
Chapter 14 and 15, to describe Thorium-228 sales channel, distributors, customers, research findings and conclusion.
Table of Contents
77 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Thorium-228 by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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