Rare-Earth Metals Market Share Insights | Global Demand & Trends analysis | Forecast
Comprehensive Overview of the Rare-Earth Metals Industry
Maximize Market Research’s thorough research report provides invaluable insights into the Rare-Earth Metals Market. Focused on key players, market segments, business strategies, regional expansions, production specifics, pricing, and cost structures, this report offers a user-friendly, comprehensive understanding of market dynamics and influential factors driving industry growth and development. It delves into top players, market size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors, facilitating a comprehensive analysis of the Rare-Earth Metals market.
The Estimated Growth of Rare-Earth Metals Market :
Rare-Earth Metals Market size was valued at US$ 5.31 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 12.4% through 2023 to 2029, reaching nearly US$ 12.02 Bn. by 2029.
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The Rare-Earth Metals Market Report’s In-Depth Study And Methodology :
The comprehensive Rare-Earth Metals market report details various applications and key strategies employed within the market, analyzing driving and restraining factors, market trends, volume, cost, share, supply and demand, and product analysis. The report combines qualitative and quantitative data sourced from primary research, free and paid databases, surveys, Google forms, and more. Rigorous examination utilizing tools like SWOT and PESTLE analysis enables deeper insights into the Rare-Earth Metals market dynamics and outlook.
Rare-Earth Metals Market Divisibility :
The report delineates the segmentation of the Rare-Earth Metals market.
by Product
Cerium
Dysprosium
Erbium
Europium
Gadolinium
Holmium
Lanthanum
Lutetium
Neodymium
Praseodymium
Promethium
Samarium
Scandium
Terbium
Thulium
Ytterbium
Yttrium
Cerium, Dysprosium, Erbium, Europium, Gadolinium, Holmium, Lanthanum, Lutetium, Neodymium, Praseodymium, Promethium, Samarium, Scandium, Terbium, Thulium, Ytterbium, and Yttrium are the product-based sub-segments of the Rare-Earth Metals Market. In 2021, the cerium segment accounted for 42.8% of the total market share. In order to lower emissions, cerium is utilized as a catalyst in catalytic converters in exhaust systems for automobiles. Nickel-metal hydride (NiMH) batteries also contain it. The rising demand for hybrid cars is anticipated to positively affect the market for rare earth elements during the course of the forecast period.
The main application of dysprosium in neodymium iron boron (Neo) permanent magnets is as an alloying agent. Neo magnets are used in many different fields, such as industrial, aerospace, medical, defense, transportation, and power generation.
by Application
Magnets
Catalysts
Metallurgy
Polishing
Glass
Phosphors
Ceramics
Other
The Rare-Earth Metals Market is further divided into Glass, Phosphors, Ceramics, Magnets, Catalysts, Metallurgy, Polishing, and Ceramics based on the applications. In 2022, the magnet segment accounted for the highest share. They are used in many different devices, such as sensors, speakers, servo motors, linear actuators, and computer hard drives. The use of rare earth elements is anticipated to increase during the forecast period due to growing demand for magnets in consumer electronics, autos, and wind turbines.
Throughout the forecast period, the ceramic segment is anticipated to grow at a CAGR of. Cerium oxide is used as an opacifier and as a glaze for ceramic tiles. The Ceramic World Web states that between 2023 and 2029, there was a 2.2% increase in the production of ceramic tiles.
by Type
Cerium Oxide
Lanthanum Oxide
Neodymium Oxide
Yttrium Oxide
Others
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Rare-Earth Metals Market-Related Perspectives
A regional analysis in the Rare-Earth Metals market research report offers insights into geographic variations within the Rare-Earth Metals market. This analysis typically includes a precise examination of market trends, competitive landscapes, consumer behavior, and regulatory environments in each region.
Rare-Earth Metals Market Principal Entities :
Key players within the Rare-Earth Metals market are thoroughly analyzed in the report.
1. Lynas Corporation 2. Alkane Resources 3. Arafura Resources 4. China Minmetals Rare 5. Avalon Advanced Materials 6. Iluka Resource 7. Canada Rare Earth 8. Shin-Etsu Chemical Co. Ltd. 9. China Northern Rare Earth 10. Molycorp Inc 11. Rare Element Resources 12. Eutectix 13. Indian Rare Earths 14. Great Western Minerals 15. Frontier Rare Earths. 16. Greenland Minerals & Energy 17. Ucore Rare Metals Inc. 18. Medallion Resources Ltd
Section Heading: Rare-Earth Metals Industry
Part 01: Executive Summary
Part 02: Scope of the Rare-Earth Metals Market Report
Part 03: Rare-Earth Metals Market Landscape
Part 04: Rare-Earth Metals Market Sizing
Part 05: Rare-Earth Metals Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key Offerings:
- Historical Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and Price Curve by Region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segments | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – Detailed Analysis by Segment with Sub-segments and Region
- Competitive Landscape – Profiles of Selected Key Players by Region from a Strategic Perspective
- Market Leaders, Market Followers, Regional Player
- Competitive Benchmarking of Key Players by Region
- PESTLE Analysis
- PORTER’s Analysis
- Value Chain and Supply Chain Analysis
- Legal Aspects of Business by Region
- Lucrative Business Opportunities with SWOT Analysis
- Recommendations
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