Europium (III) carbonate is produced by reacting europium oxide with carbonic acid. The global europium (III) carbonate hydrate market was valued at approximately USD 150 million in 2023 and is projected to reach around USD 240 million by 2032, growing at a robust CAGR of 5.2% during the forecast period. Prices for europium (III) carbonate are expected to remain stable in 2025, with minor fluctuations based on raw material costs and market demand.