Global Samarium Market Growth 2019-2024

Samarium is one rear earth element, from the mineral. Samarium, atomic no. 62, symbol Sm, weight at 150.36. It is a silvery-white metal belonging to the lanthanide group of the periodic table. It is relatively stable at room temperature in dry air, but it ignites when heated above 150 C and forms an oxide coating in moist air.

One of the most important applications of Samarium is in samarium–cobalt magnets, which have a nominal composition of SmCo5 or Sm2Co17.

China’s decision to scrap export quotas and taxes on rare earth elements may boost stalled demand for the products. It is an opportunity for the giant manufacturers to expand production capacity and improve the company's market share.
China is responsible for more than 95% of the global supply of rare earths. For the Samarium industry, there are two major consumption channels for the production: domestic consumption and export. In addition, the major exporting countries are USA, Japan and Europe etc. In 2015, the export production of Samarium is estimated to 24.36% in China.

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According to this study, over the next five years the Samarium market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Samarium business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Samarium market by product type, application, key manufacturers and key regions and countries.

This study considers the Samarium value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Pharmaceutical Grade
Industrial Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Permanent Magnet
Ceramics
Catalyst

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Great Western Minerals
Baotou Hefa Rare Earth-former Baotou
China Minmetals Rare Earth-former China Minmetal
Ganzhou Chenguang Rare Earths
Guangxi Jinguang
Grirem Advanced Materials
Shanghai Yuelong Rare Earth New Materials
Jiangxi Golden Century
China Northern Rare Earth

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Research objectives
To study and analyze the global Samarium consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Samarium market by identifying its various subsegments.
Focuses on the key global Samarium manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Samarium with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Samarium submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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