Rare-Earth Metals Market Analysis: A $13.52 Billion Industry by 2030
Posted by pujammr98
from the Business category at
13 Jan 2025 11:57:20 am.
Share this page: 
The rare-earth metals market was estimated to be worth US$ 5.96 billion in 2023, and by 2030, it is projected to have grown to about US$ 13.52 billion, with a compound annual growth rate (CAGR) of 12.4% through 2024.
For additional insights, kindly explore the following link:
https://www.maximizemarketresearch.com/request-sample/122166/
Rare-Earth Metals Market Report Scope and Research Methodology
The portfolio, technology adoption, financial standing, merger and acquisition, joint ventures and strategic alliances are involved in the competitive environment for the Rare-Earth Metals market. The report is an in-depth analysis of the Rare-Earth Metals market provided with key findings including Pricing, investments, expansion plans, and physical presence in the Rare-Earth Metals market. The bottom-up approach was used to understand the Rare-Earth Metals market size estimation and growth rates in the report. The report provides information on the drivers, restraints, opportunities and challenges of the Rare-Earth Metals market.
The Rare-Earth Metals Market report portrays the scope of the industry, including the segmentation by product type and end-use industry, and examines various emerging opportunities while analyzing supply chain dynamics with market size estimates, growth, and competition including soil survey. The research method gathers large amounts of data into a brief survey using primary and secondary data collection, rigorous research methods, quality assurance procedures, and ethical considerations, and provides users gain insights that can be used for informed decisions in the Rare-Earth Metals industry.
Rare-Earth Metals Market Regional Insights
Regional analysis is conducted to assess the status of the Rare-Earth Metals market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The Rare-Earth Metals market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.
For a more in-depth understanding, please refer to the following link:
https://www.maximizemarketresearch.com/request-sample/122166/
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 elements during the projected period.
by Application
Magnets
Catalysts
Metallurgy
Polishing
Glass
Phosphors
Ceramics
Other
Magnets, Catalysts, Metallurgy, Polishing, Glass, Phosphors, and Ceramics are the subsegments of the Rare-Earth Metals Market. In 2023, the magnet segment had the biggest share. Computer hard drives, linear actuators, servo motors, speakers, and sensors are just a few of the many devices that use them. The use of rare earth elements is anticipated to increase during the projected period due to growing demand for magnets in consumer electronics, turbines, and automobiles.
Rare-Earth Metals Market Key Players :
Major Global 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
Want to Preview the Full Report?:
https://www.maximizemarketresearch.com/market-report/rare-earth-metals-market/122166/
Key questions answered in the Rare-Earth Metals Market are:
- What is Rare-Earth Metals ?
- What was the Rare-Earth Metals market size in 2023?
- 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 different segments of the Rare-Earth Metals Market?
- What growth strategies are the players considering to increase their presence in Rare-Earth Metals ?
- What are the upcoming industry applications and trends for the Rare-Earth Metals Market?
- What segments are covered in the Rare-Earth Metals Market?
- Who are the leading companies and what are their portfolios in Rare-Earth Metals Market?
- What segments are covered in the Rare-Earth Metals Market?
- Who are the key players in the Rare-Earth Metals market?
Global Dibutyl Phthalate Market :
https://www.maximizemarketresearch.com/market-report/global-dibutyl-phthalate-market/97800/
Global Gold Potassium Cyanide Market :
https://www.maximizemarketresearch.com/market-report/global-gold-potassium-cyanide-market/107110/
Key Offerings:
- 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
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.
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
Tags: Rare-Earth Metals Market, Rare-Earth Metals market Industry, Rare-Earth Metals Market Size, Rare-Earth Metals Market Analysis, Rare-Earth Metals Market Share, Rare-Earth Metals Market Growth, Rare-Earth Metals Market Demand, Rare-Earth Metals Market Trends, Rare-Earth MetalsMarket Forecast
0 Comments