Press release
Global Rare Earth Metal Market Revolutionary Trends in Industry Statistics by 2020-2026|Minmetals Rare Earth Co., Ltd.; Alkane Resources Ltd; ARAFURA RESOURCES; Lynas Corporation Ltd; Avalon Rare Metals; Canada Rare Earth Corporation
Global Rare Earth Metal Market
The Global rare earth metal Market report entails a comprehensive database on future market estimation based on historical data analysis. It enables the clients with quantified data for current market perusal. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and regional analysis. Listed out are key players, major collaborations, merger & acquisitions along with upcoming and trending innovation. Business policies are reviewed from the techno-commercial perspective demonstrating better results. The report contains granular information & analysis pertaining to the Global rare earth metal Market size, share, growth, trends, segment and forecasts from 2020-2026.
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Few of the major competitors currently working in the global rare earth metal market are Minmetals Rare Earth Co., Ltd.; Alkane Resources Ltd; ARAFURA RESOURCES; Lynas Corporation Ltd; Avalon Rare Metals; Canada Rare Earth Corporation; IREL(INDIA) LIMITED; Greenland Minerals Ltd.; Iluka Resources Limited; Northern Minerals Limited; Rising Nonferrous Metals Co., Ltd; NEO; Rare Element Resources Ltd.; Krakatoa Resources Limited; JIANG XI SOUTH RARE EARTH HI-TECH CO,.LTD and China Rare Earth Holdings Limited among others.
Market Drivers:
High levels of demand associated with the compounds due to their large range of applications; this factor is expected to fuel the growth of the market
Growth in the levels of demand due to a renewed focus on clean energy and the usage of these metals in various applications associated with the development of clean energy; this factor is expected to propel the market growth
Growing emergence of technologies in various industries resulting in increasing areas of applications for these metals is expected to boost the growth of the market
Market Restraints:
Strict imposition from the authorities of China regarding the exports of rare earth elements amid rising levels of demand from their region is expected to result in vulnerable nature of prices globally due to the majority of China for these elements; this factor is expected to restrain the growth of the market
Concerns regarding the illegal mining and exploration of these elements in the Asia-Pacific region also hinders the market growth
Large area of applications of these metals amid lack of supply is creating a significant discrepancy in supply and demand hampers the growth of this market
Table Of Content:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Rare Earth Metal Market Landscape
Part 04: Global Rare Earth Metal Market Sizing
Part 05: Global Rare Earth Metal Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
And More.....
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Segmentation: Global Rare Earth Metal Market
By Material Type
Lanthanum Oxide
Lutetium
Cerium
Praseodymium
Neodymium
Samarium
Erbium
Europium
Gadolinium
Terbium
Promethium
Scandium
Holmium
Dysprosium
Thulium
Ytterbium
Yttrium
Others
By Applications
Permanent Magnets
Catalysts
Glass Polishing
Phosphors
Ceramics
Colorants
Metallurgy
Optical Instruments
Glass Additives
Others
By Sales Channel
Direct Sales
Distributor
By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa
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Key Developments in the Market:
In August 2019, Government of Malaysia announced that they had extended the operating licenses for processing plant owned and operated by Lynas Corporation Ltd for a duration of six months with a few modifications and conditions, pertaining to finding a suitable location for disposing the radioactive wastes. The licensing also requires the company to present the authorities with a plan for establishing a cracking and leaching facility outside their geographical regions
In June 2019, Krakatoa Resources Limited announced that they had acquired the rights for rare earth project in Western Australia. The project known as Mt. Clere Rare Earth Project is located in Perth and consists of multiple targets, including rare earth elements. The project is spread across an area of 403km2, was acquired with the help of a direct licensing application
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About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. Get Customization and Discount on Report by emailing sopan.gedam@databridgemarketresearch.com . We are content with our glorious 99.9 % client satisfying rate.
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