Rare-Earth Metals Market size was valued at US$ 5.96 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 12.4% through 2024 to 2030, reaching nearly US$ 13.52 Bn. by 2030.
Rare-Earth Metals Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Rare-Earth Metals Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Rare-Earth Metals Market.
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Rare-Earth Metals Market Scope and Methodology:
The Rare-Earth Metals Market requires a mix of both qualitative and quantitative research methods. Rare-Earth Metals Market information is gathered through different research methods including expert advice, primary and secondary research, both qualitative and quantitative. Primary research gathers important data from interviews, surveys, questionnaires, and input from industry experts, customers and other sources either in person or over the phone.
The report provides in-depth analysis on different strategies used by leading companies, such as partnerships, mergers, acquisitions, and collaborations. The report conducted a SWOT analysis to evaluate the company's market position through identifying its strengths, weaknesses, opportunities, and threats. Analytical techniques, such as examining investment returns, conducting a feasibility study, and using Porter's five forces analysis, were employed to assess the Rare-Earth Metals market. The bottom-up approach was used to determine the global and regional Rare-Earth Metals market sizes.
Rare-Earth Metals Market Regional Insights:
The Rare-Earth Metals Market report is segmented into various key countries. Countries such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries), South America (Brazil), and the Middle East and Africa.
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Rare-Earth Metals Market Segmentation:
by Product
Cerium
Dysprosium
Erbium
Europium
Gadolinium
Holmium
Lanthanum
Lutetium
Others
Cerium, Dysprosium, Erbium, Europium, Gadolinium, Holmium, Lanthanum, Lutetium, Neodymium, Praseodymium, Promethium, Samarium, Scandium, Terbium, Thulium, Ytterbium, and Yttrium are the sub-segments of the Rare-Earth Metals Market. In 2023, the cerium segment had the biggest market share, accounting for 42.8%. In the automotive industry, cerium is utilized as a catalyst in catalytic converters in exhaust systems to lower emissions. Nickel-metal hydride (NiMH) batteries also include it. The rising demand for hybrid cars is anticipated to positively affect the demand for rare earth
by Application
Magnets
Catalysts
Metallurgy
Polishing
Glass
Phosphors
Ceramics
Other
Rare-Earth Metals Market Key Players:
1. Lynas Corporation
2. Alkane Resources
3. Arafura Resources
4. China Minmetals Rare
5. Avalon Advanced Materials
6. Iluka Resource
7. Canada Rare Earth
8. Shin-Etsu Chemical Co. Ltd.
9. China Northern Rare Earth
10. Molycorp Inc
11. Rare Element Resources
12. Eutectix
13. Indian Rare Earths
14. Great Western Minerals
15. Frontier Rare Earths.
16. Greenland Minerals & Energy
17. Ucore Rare Metals Inc.
18. Medallion Resources Ltd
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Key questions answered in the Rare-Earth Metals Market are:
- What is Rare-Earth Metals?
- What is the growth rate of the Rare-Earth Metals Market?
- Which are the factors expected to drive the Rare-Earth Metals Market growth?
- What are the upcoming opportunities and trends for the Rare-Earth Metals Market?
- Who are the leading companies and what are their portfolios in Rare-Earth Metals Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Rare-Earth Metals Market?
- Who are the key players in the Rare-Earth Metals Market?
- What are the different segments of the Rare-Earth Metals Market?
- Which is the fastest growing region in the Rare-Earth Metals Market?
- What growth strategies are the players considering to increase their presence in Rare-Earth Metals?
- What is the CAGR at which the Rare-Earth Metals Market will grow during the forecast period?
- What segments are covered in the Rare-Earth Metals Market?
To learn more about the findings of this research, please check:https://www.maximizemarketresearch.com/market-report/rare-earth-metals-market/122166/
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment
- 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
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