Rubidium Market: Global Industry analysis and Forecast (2024-2030) by Grade segment, Application and Region

Rubidium market was volume 2.95 kilotons in 2023. The Global Rubidium Market is estimated to grow at a CAGR of 4.01% and expected to reach volume 3.88 kilotons over the forecast period. Rubidium is a silver-white soft metal that belongs to the alkali metal family. It has the atomic number 37 and is symbolised by the symbol Rb. Pure Rubidium, like the other alkali metals (Lithium, Sodium, Potassium, and Caesium), is highly reactive and would combust if exposed to water or oxygen. It has a melting point of 39 degrees Celsius. As a result, it's most commonly found in rubidium oxide or rubidium carbonate. Rubidium is not widely employed in battery technologies at the moment. Small quantities of rubidium and caesium have been found to increase the performance of sodium-ion batteries if they were to take market share from lithium-ion batteries in the future. Rubidium carbonate is used in a variety of industries, including specialty glasses, fibre optic cables, telecommunications systems, including GPS systems, and night vision devices. Medical devices and atomic clocks are two further applications. Rubidium is used in quantum computing.