Rare Earth Metals Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-1019 | Report Format : | Status : Upcoming |

Abstract

Global Rare Earth Metals Market: Overview

Rare earth metal is any group of elements in the periodic table falling in the lanthanide series and compromising of scandium and yttrium. They are not actually rare but the form of nature that they occur makes them rare. They occur all together in nature. This makes them very difficult to separate.

Global Rare Earth Metals Market: Growth Factors

The global earth metal market is likely to witness huge growth in coming future. The rising demand for rare earth metals from the permanent magnet industry is the main reason that has driven the growth of the global market. Additionally, the growing exploration of unmined reserves and the recycling of rare metals from e-waste are also boosting the growth of the global market. Furthermore, affordable cost of labor is also driving the growth of the global market. In addition to this, high demand from the industry is also powering the growth of the global earth metal market. Huge job opportunities are also one of the main reasons that are towering the global market. Besides, use of advanced technology for discovery and processing of rare earth metals are also lowering the growth of the global earth metal market.

On the other hand, high cost of ownership for the processing of rare earth metals is the main reason hampering the growth of global earth metal market. Besides, high cost for raw material is one of the reasons that are decreasing the growth of the global market. Moreover, high cost for transportations is also one of the significant reasons that are restraining the growth of the global market.

Global Rare Earth Metals Market: Segmentation

Based on the type, the global earth metal market is mainly classified as praseodymium, lanthanum, neodymium, cerium, promethium, samarium, dysprosium, europium, gadolinium, holmium, thulium, terbium, yttrium, scandium, ytterbium, erbium, lutetium, and others.

On the basis of applications, the global market is divided into catalyst, magnets, ceramics, metallurgy, glass, phosphors, polishing, and others.

Global Rare Earth Metals Market: Regional Analysis

The global market for earth metal is regionally segmented into the Middle East and Africa, North America, and Asia Pacific. The rising demand for rare earth metals from the permanent magnet industry is boosting the global market in the U.S. and Canada. The growing recycling of rare metals from e-waste and the exploration of unmined reserves is towering the global market in countries such as India and China. The rest of the world will witness a steady and slow growth in the global market in the coming future.

Global Rare Earth Metals Market: Competitive Players

Key players in the global earth metal market are Lynas Corporation Ltd., Molycorp, Inner Mongolia Baotou Steel, Chinalco Yunnan Copper Resources Ltd., Rare Elements Resources Ltd., Greenland Rare Earth and Energy Ltd., Alkane Resources, Indian Rare Earths, Arafura Resources, Avalon Rare Metals, Great Western Minerals Group, Rare-Earth Hi-Tech Co, and China Rare Earth Holdings.

Global Rare Earth Metals Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Package Boilers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024

Price : $ 3999.00 | Report Code: ZMR-2952 | Report Format:

Global Package Boilers Market: Overview Over the last several decades, the global package boilers market has observed several changes on the basis of type, technology, and fuel sources. Previously, boilers were only competent of burning wood and coal. As technology is advancing, new boilers deve...Read More

Industrial Salt Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2024

Price : $ 3999.00 | Report Code: ZMR-2951 | Report Format:

Global Industrial Salt Market: Overview The salt industry includes companies that function by different methods that comprise extraction of salt from underground by pumping and dissolving, extraction of salt from brine pits and mines, purifying and refining salt, crushing and the evaporation of ...Read More

Charging Nitrogen Gas System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts, 2018–2024

Price : $ 3599.00 | Report Code: ZMR-2945 | Report Format:

Charging Nitrogen Gas System Market: Overview Charging nitrogen gas system is the most effective way for filling hydraulic accumulators. This system does not need any supplementary energy for driving it. Hydraulic accumulators are the best suitable where fluid storage is crucial under its flow a...Read More

Automation Services Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts, 2018–2024

Price : $ 3599.00 | Report Code: ZMR-2943 | Report Format:

Global Automation Services Market: Overview The automation service is the process which consists of the integration of multiple domains comprises of functionality tools into the number of automation layers. which is used to fulfill the function of the uniform interface across the whole segment ...Read More

Industrial Gaskets Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3999.00 | Report Code: ZMR-2925 | Report Format:

Global Industrial Gaskets Market: Overview Gaskets are primarily utilized to fill the empty spaces among the coupling surfaces to evade wastage of gas fluids and any other types of leakages. Furthermore, gaskets also support maintaining the required pressure and eliminate contamination from any...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.