Copyright marketresearchupdate CONSULTING PVT LTD. All rights reserved.

Rare Earth Metals Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030

ID : MRU_115587 | Date : Feb, 2023 | Pages : 182 | Region : Global

Select License

The report offers detailed coverage of Rare Earth Metals industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Rare Earth Metals by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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.

The report forecast global Rare Earth Metals market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.

First, this report covers the present status and the future prospects of the global Rare Earth Metals market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
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


At the same time, we classify Rare Earth Metals according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Single Rare Earth Metal
Mixed Rare Earth Metal
Market by Application
Metallurgy
Rare Earth Permanent Magnet Material
Hydrogen Storage Material
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Rare Earth Metals market for the forecast period 2023 - 2030?
• What are the driving forces in the Rare Earth Metals market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Rare Earth Metals industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

To check our Table of Contents, please mail us at: sales@marketresearchupdate.com

Research Methodology

The Market Research Update offers technology-driven solutions and its full integration in the research process to be skilled at every step. We use diverse assets to produce the best results for our clients. The success of a research project is completely reliant on the research process adopted by the company. Market Research Update assists its clients to recognize opportunities by examining the global market and offering economic insights. We are proud of our extensive coverage that encompasses the understanding of numerous major industry domains.

Market Research Update provide consistency in our research report, also we provide on the part of the analysis of forecast across a gamut of coverage geographies and coverage. The research teams carry out primary and secondary research to implement and design the data collection procedure. The research team then analyzes data about the latest trends and major issues in reference to each industry and country. This helps to determine the anticipated market-related procedures in the future. The company offers technology-driven solutions and its full incorporation in the research method to be skilled at each step.

The Company's Research Process Has the Following Advantages:

  1. Information Procurement

The step comprises the procurement of market-related information or data via different methodologies & sources.

  1. Information Investigation

This step comprises the mapping and investigation of all the information procured from the earlier step. It also includes the analysis of data differences observed across numerous data sources.

  1. Highly Authentic Source

We offer highly authentic information from numerous sources. To fulfills the client’s requirement.

  1. Market Formulation

This step entails the placement of data points at suitable market spaces in an effort to assume possible conclusions. Analyst viewpoint and subject matter specialist based examining the form of market sizing also plays an essential role in this step.

  1. Validation & Publishing of Information

Validation is a significant step in the procedure. Validation via an intricately designed procedure assists us to conclude data-points to be used for final calculations.