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Rare Metals Market: Competitive Dynamics & Global Outlook 2024– Top Key players like– Top Key players like Lynas Corporation,Alkane Resources,Avalon Rare Metals,Inc.
The global Rare Metals market was 11000 million US$ in 2017 and is expected to 20600 million US$ by the end of 2025, growing at a CAGR of 8.2% between 2018 and 2025.
Published 07 March 2019
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A rare-earth element (REE) or rare-earth metal (REM), as defined by IUPAC, is one of a set of seventeen chemical elements in the periodic table, specifically the fifteen lanthanides, as well as scandium and yttrium. Scandium and yttrium are considered rare-earth elements because they tend to occur in the same ore deposits as the lanthanides and exhibit similar chemical properties. For the same set of mineralogical, chemical, physical (especially electron shell configuration), and related reasons, a broader definition of rare earth elements including the actinides is encountered in some cases. Thorium is a significant component of monazite and other important rare earth minerals, and uranium and decay products are found in others. Both series of elements begin on the periodic table in group 3 under yttrium and scandium.
Growing demand for magnets in automobiles, and energy generation will majorly contribute to the growth of global rare earth metals market over the forecast period. The demand for rare earth magnets is majorly increasing by their consumption in electric and hybrid vehicles, and wind turbines. Increasing focus on utilizing clean and renewable energy is giving a substantial pressure on the electricity providers, to generate energy through renewable sources, which in turn will show a positive impact on the growth of this market.
The global Rare Metals market was 11000 million US$ in 2017 and is expected to 20600 million US$ by the end of 2025, growing at a CAGR of 8.2% between 2018 and 2025.
Market Segment by Manufacturers, this report covers
Iluka Resources Limited
Lynas Corporation, Ltd.
Greenland Minerals and Energy Ltd.
Northern Minerals Limited
Alkane Resources Ltd
Rising Nonferrous Metals Co., Ltd
Arafura Resources Ltd.
Canada Rare Earth Corporation
China Minmetals Rare Earth Co., Ltd
Indian Rare Earths Limited
Neo Performance Materials Inc.
Avalon Rare Metals
Great Western Minerals Group Ltd.
Market Segment by Type, covers
Cerium
Dysprosium
Erbium
Europium
Gadolinium
Holmium
Lanthanum
Lutetium
Neodymium
Others
Market Segment by Applications, can be divided into
Magnets
Colorants
Alloys
Optical Instruments
Catalysts
Others
For More Information On This Report, Please Visit @
https://www.marketresearchreportstore.com/reports/322646/global-rare-metals-market-history-breakdown
United States Rare Metals Market Growth 2019-2024
Asia-Pacific Rare Metals Market Growth 2019-2024
Europe Rare Metals Market Growth 2019-2024
EMEA Rare Metals Market Growth 2019-2024
Global Rare Metals Market Growth 2019-2024
China Rare Metals Market Growth 2019-2024
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Market Research Report Store provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.
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Click to view the full report TOC, figure and tables:
https://www.marketresearchreportstore.com/reports/322646/global-rare-metals-market-history-breakdown
A rare-earth element (REE) or rare-earth metal (REM), as defined by IUPAC, is one of a set of seventeen chemical elements in the periodic table, specifically the fifteen lanthanides, as well as scandium and yttrium. Scandium and yttrium are considered rare-earth elements because they tend to occur in the same ore deposits as the lanthanides and exhibit similar chemical properties. For the same set of mineralogical, chemical, physical (especially electron shell configuration), and related reasons, a broader definition of rare earth elements including the actinides is encountered in some cases. Thorium is a significant component of monazite and other important rare earth minerals, and uranium and decay products are found in others. Both series of elements begin on the periodic table in group 3 under yttrium and scandium.
Growing demand for magnets in automobiles, and energy generation will majorly contribute to the growth of global rare earth metals market over the forecast period. The demand for rare earth magnets is majorly increasing by their consumption in electric and hybrid vehicles, and wind turbines. Increasing focus on utilizing clean and renewable energy is giving a substantial pressure on the electricity providers, to generate energy through renewable sources, which in turn will show a positive impact on the growth of this market.
The global Rare Metals market was 11000 million US$ in 2017 and is expected to 20600 million US$ by the end of 2025, growing at a CAGR of 8.2% between 2018 and 2025.
Market Segment by Manufacturers, this report covers
Iluka Resources Limited
Lynas Corporation, Ltd.
Greenland Minerals and Energy Ltd.
Northern Minerals Limited
Alkane Resources Ltd
Rising Nonferrous Metals Co., Ltd
Arafura Resources Ltd.
Canada Rare Earth Corporation
China Minmetals Rare Earth Co., Ltd
Indian Rare Earths Limited
Neo Performance Materials Inc.
Avalon Rare Metals
Great Western Minerals Group Ltd.
Market Segment by Type, covers
Cerium
Dysprosium
Erbium
Europium
Gadolinium
Holmium
Lanthanum
Lutetium
Neodymium
Others
Market Segment by Applications, can be divided into
Magnets
Colorants
Alloys
Optical Instruments
Catalysts
Others
For More Information On This Report, Please Visit @
https://www.marketresearchreportstore.com/reports/322646/global-rare-metals-market-history-breakdown
Related Information:
North America Rare Metals Market Growth 2019-2024United States Rare Metals Market Growth 2019-2024
Asia-Pacific Rare Metals Market Growth 2019-2024
Europe Rare Metals Market Growth 2019-2024
EMEA Rare Metals Market Growth 2019-2024
Global Rare Metals Market Growth 2019-2024
China Rare Metals Market Growth 2019-2024
Customization Service of the Report :
Market Research Report Store provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.
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