Global Rare Earth Metals Market to Grow at CAGR of 5.6% during 2016-2021

Global Rare Earth Metals Market by Material Type (Lanthanum Oxide, Cerium, Praseodymium, Neodymium, Samarium, Europium, Gadolinium, Terbium, Dysprosium, Yttrium, and Others), by Applications (Permanent Magnets, Catalysts, Glass Polishing, Phosphors, Ceramics, Metal Alloy, Glass Additives, and Others), by Sales Channel (Direct Sales and Distributors), by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021
This report, from Stratview Research, studies the global rare earth metals market over the period 2010 to 2021. The report provides detailed insights on the market dynamics in order to take informed business decision and build growth strategy based upon the opportunities present in the market.
The Global Rare Earth Metals Market: Highlights
The global rare earth metals market offers a good growth opportunity and is likely to grow at 5.6% CAGR during the forecast period of 2016 to 2021. Cerium oxide is the most dominant rare earth metal accounting for 38% of the market in 2015, followed by Lanthanum oxide with 24% share. Cerium oxide and Lanthanum oxide are cheaper than other rare earth metals and are widely used in the metal alloys, catalysts, and glass phosphors.
Top three applications (permanent magnets, metal alloys, and catalysts), together accounted for 60% of the global rare earth metals market in 2015 and will continue to remain the dominant applications during the forecast period. Permanent magnets are likely to remain the growth engine during the forecast period driven by increasing penetration in traditional applications as well as emerging applications.
Asia-Pacific is expected to remain the largest consumer of the global rare earth metals market. China owns the largest reserves of the rare earth metals worldwide. China is both the leading producer as well as the consumer of rare earth metals. Imposition of restrictions on China’s export and growing rare earth metals demand within China would create a demand supply gap in the rare earth metals market worldwide.
The global rare earth metals market is likely to witness significant changes in the coming years. New sources of supply are scheduled to be developed across the globe. China, which is the major producer of rare earth metals worldwide, is witnessing consolidation by state owned enterprises. China owns the largest reserves of the rare earth metals followed by Brazil. China will continue to remain the largest producer during the forecast period.
There is a presence of small to large scale producers of rare earth metals in China and worldwide. The key rare earth metal manufacturers are Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co Ltd., Molycorp Inc, China Minmetals Rare Earth Co. Ltd, Great Western Minerals Group Ltd., Alkane Resources Ltd, Arafura Resources Ltd., Lynas Corp., Avalon Rare Metals, Canada Rare Earth Corporation, and India Rare Earth Ltd.

Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors
The global rare earth metals market is segmented into the following categories.

Global Rare Earth Metals Market by Material Type:

• Lanthanum Oxide
• Cerium
• Praseodymium
• Neodymium
• Samarium
• Europium
• Gadolinium
• Terbium
• Dysprosium
• Yttrium
• Other
Global Rare Earth Metals Market by Applications:
• Permanent Magnets
• Catalysts
• Glass Polishing
• Phosphors
• Ceramics
• Metal Alloy
• Glass Additives
• Others
Global Rare Earth Metals Market by Sales Channel:
• Direct Sales
• Distributors
Global Rare Earth Metals Market by Region:
• North America
• Europe
• Asia – Pacific
• Rest of the World

About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.

Category : Advanced & Material
https://www.stratviewresearch.com/155/rare-earth-metals-market.html
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

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