Rare earth metals Market by Products, Applications & Regional Growth by 2019-2024

1
Rare Earth Metals Market Growth Outlook with
Industry Review and Forecast 2019-2025
2019 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
Global Market Scenario of Rare Earth Metals
Industry

• In automobile industry, the demand for rare earth
  metals is highly increasing, and this will
  positively affect the rare earth metals market
  growth globally over the projected period. Hybrid
  and electric vehicles are increasing, as the need
  for proper energy consumption is increasing. Due
  to the increasing electricity costs, the demand
  for clean energy is also increasing, creating an
  ample of opportunities for the growth of
  renewable energy generators such as wind
  turbines.
• Wind turbines majorly utilize rare earth metals
  for the construction of internal components, and
  their motors require rare earth magnets, as they
  provide much strength than traditional magnets,
  and this will in turn show a significant effect
  on the global rare earth metals market growth.
  Advantages such as improved performance at high
  temperatures, and resistance to corrosion are
  causing the wind turbine manufacturers to utilize
  rare earth metals, which in turn favoring the
  market growth.
• Irregularities in the supply of these metals act
  as a significant factor restraining the global
  rare earth metals market growth. As the product
  concentration is majorly in China, huge range of
  trade disturbances are occurring, as other
  countries are heavily relying on it for meeting
  their domestic product demand. This is causing
  fluctuations in rare earth metal prices, and in
  addition to this, minor changes in rare earth
  production, will have bigger consequences
  globally.

2019 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Continue-

• Regarding metals, cerium has the major market
  volume. Rising utilization in batteries, and
  catalyst applications will assist the consumption
  of these metals over the anticipated timespan. By
  revenue, the metal neodymium recorded a major
  market value in 2016, having a share of more than
  30. In terms of market growth, this segment will
  increase at CAGR of more than 8.2 in the
  projected time.
• Regarding application, magnet applications had
  the leading share in both market revenue, and as
  well as volume till the projected period.
  Increasing applications in electric vehicles
  favor the market growth by end of projected
  period. Catalyst had the second major market in
  2016, and it had a 23 share in the global rare
  earth metals market.

2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
Request for sample copy of this research report_at_
https//bit.ly/2pfTWpB
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
360 Industry Analysis

• Geographically, Asia Pacific regional market had
  the maximum share in 2016. Increasing
  industrialization activities in emerging nations
  like China, Japan, and India will drive the APAC
  rare earth metals market by 2024.
•  

Request for customizationhttps//bit.ly/2AXb75J

2019 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6

• Competitive Analysis
• In global rare earth metals market, major
  companies are Canada Rare Earth Corp., India Rare
  Earth, Great Western Minerals, Avalon Rare
  Metals, and Lynas Corp., among others.

Make An Inquiry For This Report
_at_https//bit.ly/33mTrMT
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
7
Latest Research Report On Rare Earth Metals
Market_at_ https//bit.ly/2FGiI9V Request for
sample of this research report_at_
https//bit.ly/2pfTWpB Request for
customization https//bit.ly/2AXb75J
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
8
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com