Rare-Earth Metals Market size was valued at US$ 4.72 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 12.4% through 2021 to 2029, reaching nearly US$ 12.02 Bn. by 2029.
Rare-Earth Metals Market Overview
The new market intelligence report published by Global Rare-Earth Metals Market Intelligence firm, Maximize Market Research, indicates the significant growth of the Rare-Earth Metals Market in the forecast period through 2029. The Rare-Earth Metals market report includes the industry growth potential & competitive analytics in the global market with the Rare-Earth Metals market size of each region and segment.
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Rare-Earth Metals Market Report Scope and Research Methodology
The report on Rare-Earth Metals Market provides an in-depth analysis of the industry. The market size and the growth rate are the key highlights of the report. The Insights of the report include the major applications and drivers of the industry, challenges to growth and opportunities for Rare-Earth Metals Market growth. The report covers a thorough regional analysis of the Rare-Earth Metals industry at local, regional and global level. Segments covered in the report are by therapy, animal type, cancer & region.
The report covers the Rare-Earth Metals market strategies followed by major players and provide their analysis on the basis of growth in the last few years in the industry which helps investors and major companies decide their investments and to make data-driven decisions. Primary and secondary research method was used to collect the data from key players. Data from supply and demand side were collected to estimate the Rare-Earth Metals market size. Key players are identified through secondary research. Secondary research was used to collect information for the extensive, market-oriented, and commercial analysis of the Rare-Earth Metals Market.
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Rare-Earth Metals Market Regional Insights
The report includes a detailed insights of all the growth factors, restraints, market size, growth rate, and import and export in regions. The insights also include competitive analytics in the region & country wise leading market players. The regions covered in the section include
1)North America
2) Europe
3) Asia Pacific
4) Latin America
5) the Middle East, and Africa.
Rare-Earth Metals Market Segmentation
On the basis of product, the Rare-Earth Metals Market is sub-segmented into Cerium, Dysprosium, Erbium, Europium, Gadolinium, Holmium, Lanthanum, Lutetium, Neodymium, Praseodymium, Promethium, Samarium, Scandium, Terbium, Thulium, Ytterbium, and Yttrium. The cerium segment held the largest market share of 42.8% in 2021. Cerium is used as a catalyst in catalytic converters in exhaust systems in the automotive sector to reduce emissions. It's also found in nickel-metal hydride (NiMH) batteries. Over the forecast period, the increased demand for hybrid vehicles is expected to have a beneficial impact on rare earth demand.
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Rare-Earth Metals Market Key Players
• Lynas Corporation
• Alkane Resources
• Arafura Resources
• China Minmetals Rare
• Avalon Advanced Materials
• Iluka Resource
• Canada Rare Earth
• Shin-Etsu Chemical Co. Ltd.
• China Northern Rare Earth
• Molycorp Inc
• Rare Element Resources
• Eutectix
• Indian Rare Earths
• Great Western Minerals
• Frontier Rare Earths.
• Greenland Minerals & Energy
• Ucore Rare Metals Inc.
• Medallion Resources Ltd
Key questions answered in the Automotive Relay Market are:
- What is Rare-Earth Metals?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Rare-Earth Metals Market?
- Which factors are the lucrative opportunities for the Rare-Earth Metals market growth?
- Which factors are limiting the scope of Rare-Earth Metals market
- How is the intervention from regulatory authority is shaping the Rare-Earth Metals Market?
- What growth strategies are the key players considering to increase their presence in Rare-Earth Metals Market?
- Who held the largest market share in Rare-Earth Metals Market?
- What is the Rare-Earth Metals market size of the dominating region?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – 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
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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