Rare earth metals are vital to the world’s economy. They are essential to developing technologies in the communications, electronics, and military weapons markets. It is widely used in metallurgy, rare earth permanent magnet material and hydrogen storage material.
Rare earth metals typically include scandium (Sc-21), yttrium (Y-39), lanthanum (La-57), cerium (Ce-58), praseodymium (Pr-59), neodymium (Nd-60), promethium (Pm-61), samarium (Sm-62), europium (Eu-63), gadolinium (Gd-64), terbium (Tb-65), dysprosium (Dy-66), holmium (Ho-67), erbium (Er-68), thulium (Tm-69), ytterbium (Yb-70), and lutetium (Lu-71).
Rare earth metals have kinds of product. So, rare earth metals are widely used in metallurgy, rare earth permanent magnet material and hydrogen storage material. Rare earth permanent magnet material is its largest downstream market, which shares 42.88% of the consumption in 2016.
Rare earth metals are divided into single rare earth metal and mixed rare earth metal. Compared with single rare earth metal, thus mixed rare earth metal may contain up to 70 wt.% of Pr + Nd (which reportedly form a continuous series of solid solutions) plus about 20-25 wt.% of other rare earths and 5-10 wt.% iron, may, once the iron and interstitials are removed, offer the performance of a pure rare earth without the high cost of separating the rare earth components. Pr-Nd metal will take up 70.98% of the consumption in 2016.
At present, the production of rare earth metal is distributed in China, USA, Japan and Europe. China has the most rare earth reserves. China is the largest production country of rare earth metal in the world in the past few years and it will keep the same position in the next few years. The China market will take up about 79.70% in the global production market in 2016.
According to this study, over the next five years the Rare Earth Metals market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Rare Earth Metals business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Rare Earth Metals market by product type, application, key manufacturers and key regions and countries.
This study considers the Rare Earth Metals value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Single Rare Earth Metal
Mixed Rare Earth Metal
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Metallurgy
Rare Earth Permanent Magnet Material
Hydrogen Storage Material
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Beifang Rare Earth
Integral Materials Investment Vietnam
Chenguang Rare Earths New Material
Sunlux Rare Metal
Grirem Advanced Materials
Baotou Xinye New Materials
Ganzhou Rare Earth Metals
Jiangtong Rare Earth
Xiamen Tungsten
Shenghe Resources
Yiyang Hongyuan Rare Earth
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Rare Earth Metals consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Rare Earth Metals market by identifying its various subsegments.
Focuses on the key global Rare Earth Metals manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Rare Earth Metals with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Rare Earth Metals submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Rare Earth Metals . Industry analysis & Market Report on Rare Earth Metals is a syndicated market report, published as Global Rare Earth Metals Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Rare Earth Metals market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.