Rare Earth Metals Market 2021 | SWOT Analysis, Regional Changing Trends, Market Share, Growth Strategies, Forecast By 2026

1
Rare Earth Metals Market Growth Rate, Gross
Margin, Competitive Situation and Trends,
Forecast By 2026
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
Global Market Scenario of Rare Earth Metals
Industry

• As per Global Market Insights Inc. estimates, the
  global rare earth metals market size is expected
  to exceed 19.8 billion by 2026.
• Renewable energy has become the fastest-growing
  energy source as electricity prices have been
  increasing, which is a major factor in the
  development of clean energy generators including
  wind turbines.
• In building the internal components of these wind
  turbines, rare earth metals are widely used. To
  ensure the delivery of robust performance, rare
  earth magnets are preferred over traditional
  magnets in the motors. This aspect, coupled with
  the lack of product substitution in wind
  turbines, is anticipated to amplify rare earth
  metals industry expansion over the stipulated
  timeframe.
• A set of 17 elements are included in the rare
  earth metals, which originate from the
  geographical deposits. Cerium, lanthanum, and
  neodymium are available in abundance across the
  globe. Considering the atomic weights, rare earth
  metals are divided into light and heavy metals.

2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Continue-

• The many benefits of rare earth metals include a
  striking performance at high temperatures as well
  as resistance to corrosion. These offerings are
  expected to amass considerable gains among wind
  turbine manufacturers in adopting rare earth
  metals, which will significantly impact market
  outlook.
• Recurrent supply chain disruptions and trade
  disturbances are some factors hindering the rare
  earth metals market outlook. China is a major
  concentration hub of this product and trade
  disturbances are creating a significant impact on
  industry trends, as several countries rely on
  these trading activities to meet their domestic
  product demand. Additionally, price fluctuations
  and minor production changes of rare earth metals
  are adversely impacting the global market
  dynamics.
• In terms of segmentation by metal, rare earth
  metals market from the cerium segment is likely
  to accounts for a major market volume. This
  growth is attributed largely to the extensive use
  of the product in catalyst applications and
  batteries. The neodymium segment, meanwhile, is
  poised to exhibit a CAGR of around 8.2 through
  2024.

2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
Request for sample copy of this research report_at_
https//www.gminsights.com/request-sample/detail/
2303
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
360 Industry Analysis

• With regards to the application spectrum, the
  magnets segment is likely to hold a dominant
  position in the rare earth metals market in terms
  of volume and revenue over the projected
  timeline. This is due to proliferating demand and
  applications of rare earth magnets in EV
  (electric vehicles). The catalyst segment, on the
  other hand, accounted for over 23 in the overall
  market share in 2016.
• On the regional front, the Asia Pacific rare
  earth metals market held the highest market share
  in 2016. Mounting industrialization in emerging
  countries such as India, Japan, and China will
  augment the demand for rare earth metals in the
  region during the estimated timeframe.
•  

Request for customizationhttps//www.gminsights.
com/roc/2303
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6

• Competitive Analysis
• Major companies in the global rare earth metals
  industry include Lynas Corp., Avalon Rare Metals,
  India Rare Earth, Great Western Minerals, and
  Canada Rare Earth Corp., among others.

2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
7
Latest Research Report On UV Curable Resins
Market_at_ https//www.gminsights.com/industry-analys
is/rare-earth-metals-market Request for sample
of this research report_at_ https//www.gminsights.c
om/request-sample/detail/2303 Request for
customization https//www.gminsights.com/roc/230
3
2020 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!
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com