Title: Rare Earth Elements Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
1Rare Earth Metals Market - Industry Analysis,
Market Size, Share, Trends, Application Analysis,
Growth and Forecast 2021 - 2026
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- Rare Earth Metals Market is forecast to reach XX
billion by 2024, by growing at a CAGR of X in
the period 2019-2024. - With the rise in the usage of rare earth metals
in computers and cell phones, the overall market
demand for rare earth metals during the forecast
period is increasing. - Cerium segment held the largest share in the rare
earth metals market in 2018. Cerium is used in
the manufacture of catalytic converters which
convert the pollutants in engine exhaust into
nontoxic compounds. Rechargeable car batteries
are made with cerium, which is used in electronic
devices, hybrid electric vehicles, and power
tools.
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- Key Takeaways from this Report
- The APAC region dominated the global market share
in 2018. With rising automotive production,
increasing investments into the healthcare
industry, and rising ceramic demand and
production, the consumption of rare earth
elements are also expected to increase noticeably
in the region, during the forecast period. - Permanent magnets segment is boosted by expanding
production of advanced neodymium magnets for
applications such as wind turbines and hybrid and
electric vehicles (H/EVs).
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- By Distribution Channel- Segment Analysis
- The Permanent Magnets sector has been the primary
market for rare earth metals for many years. For
the production of high performance, lightweight
SmCo and NdFeB permanent magnets, rare earth
metals like samarium, dysprosium, and neodymium
are highly essential. Rare earth metals contain
cobalt and iron, which intensify the coercive
force and magnetization, which are the key
elements determining the performance of permanent
magnets.
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- Rare Earth Metals Market Industry Outlook
- Alkane Resources Ltd.
- Arafura Resources Ltd.
- Avalon Rare Metals Inc.
- Baotou Hefa Rare Earth Co. Ltd.
- Canada Rare Earth Corporation
- China Minmetals Rare Earth Co. Ltd.
- Great Western Minerals Group Ltd.
- Indian Rare Earth
- Lynas Corporation Ltd.
- Molycorp Inc.
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Rare Earth Metals Market - Industry Analysis,
Market Size, Share, Trends, Application Analysis,
Growth and Forecast 2021 - 2026
Learn More About the Report _at_
https//www.industryarc.com/Research/Rare-Earth-M
etals-Market-Research-500325
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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