openPR Logo
Press release

Rare Earth Elements Market Overview and Regional Outlook Study 2015 - 2023

Rare Earth Elements Market Overview and Regional Outlook Study

Rare earth elements are a group of seventeenchemical elements that occur together in the periodic table. The group consists of yttrium, scandium, and fifteen lanthanide elements (lanthanum, cerium, thulium, ytterbium, praseodymium, gadolinium, terbium, dysprosium, neodymium, promethium, samarium, europium, holmium, erbium, and lutetium). The seventeen rare earth elements are found in all rare earth elements deposits; however, their distribution and concentration varies. These elements are referred as 'rare,' as it is not common to find them in commercially feasible concentrations. Rare earth elements are broadly classified into two categories: light rare earth elements and heavy rare earth elements.These have varying levels of uses and demand. Mineral deposits of rare earth elements are usually rich in either light rare earth elements or heavy rare earth elements; they rarely contain both in significant quantities. Among rare earth elements, demand for lanthanum and cerium is the largest in the world. Rare earth elements are classified based on various properties such as catalytic, magnetic, electrical, chemical, and optical. Thus, rare earth elements,often referred as 'seeds of technology' by the Japanese, exhibit multiple properties. This makes make them suitable for usage in a wide range of end-user industries.

Get Research Report Overview @
https://www.transparencymarketresearch.com/rare-earth-elements-market.html

The permanent magnet industryisthe largest end-user industryfor rare earth elements. Lanthanum and cerium are used in the manufacture of catalytic converters. Thesehelp convert the pollutants in engine exhaust systeminto non-toxic compounds. Rechargeable batteries made from neodymium, lanthanum, cerium, and praseodymium (combined with manganese, nickel, cobalt and/or aluminum) are used in car batteries in hybrid electric vehicles, electronic devices, and power tools.Lanthanum and cerium are used in the manufacture of catalytic converters, which convert pollutants in engine exhaust systeminto non-toxic compounds. Electric and hybrid cars can contain rare earths compounds which areworth many dollars, which is double that found in a standard gasoline vehicle.The manufacturing of battery involves use of rare earth compounds. Rare earth elements are also used in regenerative braking systems and electric traction motors. These motors consist of powerful magnets made from neodymium and dysprosium. Europium, terbium, and yttrium are rare earth elementsthat are used widely in the electronics industry to manufacture LCDs and color TVs. Cerium reduces transmission of UV light, while lanthanum increases the glass reflective index for digital camera lenses. Dysprosium, yttrium, neodymium, praseodymium and terbium have the greatest exposure to segments such asrechargeable batteries, phosphors, permanent magnets, and polishing agents. This segments are also the fastest growing segment for rare earth elements. Thus,the wide range of end-user applications is leading to higher usage of rare earth elements across the globe.

The global market for rare earth elements is expected to expand at a healthy rate in next eight years. China is major producer of rare earth elements. The country produces approximately 94% of the global rare earth elements. China is also the leading consumer of rare earth elements in the world; the country accounts for about 60% of global consumption. Though in coming years the monopoly of China in global rare elements market is expected to witness a decline.

Get PDF Brochure for more Professional & Technical industry insights:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=5057

Some of the major companies operating in the global rare earth elements market include Arafura Resources, Alkane Resources Ltd., Avalon Rare Metals Inc., Quest Rare Minerals Ltd.,Greenland Minerals and Energy Limited, China Rare Earth Holdings Limited, Lynas Corporation, Great Western Minerals Group Ltd., Rare Element Resources Ltd., Molycorp Inc.,and Frontier Rare Earths Limited.

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Rare Earth Elements Market Overview and Regional Outlook Study 2015 - 2023 here

News-ID: 1916306 • Views: 134

More Releases from Transparency Market Research Reports

Smart Remote Control Market: Analysts Expect Robust Growth in 2028
The rise in the use of technology across the globe has hit the shore of remote controls too. On the back of technological advancements, the smart remote control market may gain considerable momentum across the forecast period of 2019 -2028. The shift in consumer preference from cost-effectiveness to convenience is serving as a prominent growth factor for the smart remote control market. Based on technology type, the smart remote control
HYDROGEN SULFIDE SCAVENGERS MARKET TO REACH A VALUE OF ~US$ 655 MN BY 2027: TRAN …
Hydrogen Sulfide Scavengers Market: Key Highlights The global hydrogen sulfide scavengers market was valued at ~US$ 440 Mn in 2018, and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. Increase in crude oil production enhances oilfield operations such as drilling, cementing, production, workover and completion, and well stimulation. This drives the demand for production chemicals such as hydrogen sulfide scavengers. The demand for crude oil is increasing
METAL-ORGANIC FRAMEWORK MARKET TO REACH A VALUATION OF ~US$ 24 MN BY 2027: TRANS …
Metal-organic Framework Market: Introduction In terms of value, the global metal-organic framework market is anticipated to expand at a CAGR of ~11% from 2019 to 2027 Metal-organic framework is a class of porous materials constructed from metal-rich inorganic nodes bonded with organic linkers. The structure provides high density of three-dimensional porous cores with a large surface area, uniform cross-linkages, and tunable porosity. Metal-organic framework possesses excellent absorption rate for hydrogen, water, carbon
PE BLOW MOLDED PRODUCTS MARKET TO REACH A VALUATION OF ~US$ 8 BN BY 2027: TRANSP …
PE Blow Molded Products Market: Introduction In terms of value, the PE blow molded products market is anticipated to expand at a CAGR of ~5% from 2019 to 2027 PE blow molded products are generally containers, drums, or other rigid packaging materials manufactured through the blow molding process of polyethylene polymers such as HDPE, LDPE, and LLDPE The HDPE material segment accounted for a major share of the PE blow molded products market

All 5 Releases


More Releases for Rare

Global Rare Hematology Market
https://www.qandqmarketresearch.com/report-sample/rare-hematology2018-market-70 The Global and Chinese Rare Hematology Industry, 20132023 Market Research Report is a professional and indepth study on the current state of the global Rare Hematology industry with a focus on the Chinese market. The report provides key statistics on the market status of the Rare Hematology manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Firstly, the report provides a basic
Global Rare Earth Metals Market 2017 - Beifang Rare Earth, Xiamen Tungsten, Sunl …
Rare Earth Metals Market 2017 Industry research report provides important information to identify and analyze the market need, market size and competition. This market research report used in maintaining competitiveness over competitors. Scope of the Report: This report focuses on the Rare Earth Metals in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Global Rare Earth Metals Market 2017 - Sunlux Rare Metal, Beifang Rare Earth, Ji …
Global Rare Earth Metals Industry 2017 report introduced size, share, trends, conditions, including the product price, profit, capacity, production, capacity utilization, supply, demand and industry growth, SWOT analysis, investment feasibility analysis, and investment return analysis etc. Global Rare Earth Metals Industry is an accurate and quality research study on the Global Rare Earth Metals market. This report is based on the briefings and interviews conducted with product manufacturers and their consumers,
Global Rare Earth Metals Market 2017- Beifang Rare Earth, Jiangtong Rare Earth, …
Global Rare Earth Metals Industry 2017 is a comprehensive, professional report delivering market research data that is relevant for new market entrants or established players. Key strategies of the companies operating in the market and their impact analysis have been included in the report. Furthermore, a business overview, revenue share, and SWOT analysis of the leading players in the Rare Earth Metals market is available in the report. Download Sample Report
RARE 24k Therapy Creme
Introducing Rare 24k Therapy: When NSAIDS, toxic pain killers, chiropractors and heating pads aren’t giving you enough, add RARE 24K Therapy Crème to your doctor prescribed regime. A new, natural, and scientifically proven, gold skincare remedy that delivers non-toxic pain relief to people suffering with arthritis, muscle strains, or joint pain. Press Release – December 2016 SALT LAKE CITY - RARE, 24k Gold Therapy Crème offers deep therapeutic relief using newly
Rare Books Auction - Biblical Rarities
Hamburg, 04 September, 2014 (kk) – It is nothing less than one of the most important German early woodcut books. Now the printed German edition of the “Neunte Deutsche Bibel”, the only one by Anton Koberger, godfather of Albrecht Dürer, will be sold in the auction of Rare Books at Ketterer Kunst in Hamburg on 17/18 November. The remarkably well-preserved copy from 1483 was executed in a pleasing new type.