Rare Earth Materials Market 2021 | Industry Growth Production Analysis, Key Market Plans, Supply-Demand, Share and Size Elements and Recent Developments

Market Intelligence Data has released a new report on the global “Rare Earth Materials market”. The document gives a complete evaluation of the market. It understands market development through in-depth insights, tracking historical developments and analysing current scenarios and future forecasts based on optimistic and possible situations. The report provides detailed statistics on the Rare Earth Materials market industry and its framework.

The Global Rare Earth Materials Market Size is Projected to Reach at a CAGR of 13% during 2021-2027.

The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: China Rare Earth, Frontier Rare Earths, Baogang, Jiangxi Copper, Alkane Resource, Arafura Resources, Avalon Advanced Materials, China Minmetals Rare Earth, Lynas, Canada Rare Earth, Greenland Minerals and Energy, Indian Rare Earths, Montero Mining and Exploration, Namibia Rare Earths

Recent Developments

In May 2019, Lynas Corporation and Blue Line announced a joint venture to develop rare earths separation capacity in the US.
In April 2019, In April, the company invested USD 2.16 million in Calidus Resources Limited, a gold exploration company in Australia..
In March 2019, Lynas Corporation signed an MoU with MARA to commercialize the neutralization underflow residue from the Lynas Malaysia plant

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Covid-19 Impact and Recovery Analysis:

The number one goal of this Rare Earth Materials Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided purely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Rare Earth Materials market document.

Rare Earth Materials Market Segmentation by Type:

Catalysts
Permanent Magnets
Phosphors
Others

Rare Earth Materials market Segmentation by Application:

Cerium
Lanthanum
Neodymium
Yttrium
Dysprosium
Terbium
Others
Asia-Pacific Region to Dominate the Market
The Asia-Pacific region dominated the global market share. With increasing investments in the healthcare industry and the rising ceramic demand and production, the consumption of rare earth elements is projected to increase noticeably in the region.
According to OICA, the total number of motor vehicles produced in 2019 in China and India are 25.75 million units and 4.52 million units, respectively. However, in 2020, this value in production declined by around 2% and 25%, respectively. This decline in production was majorly due to the impact of the COVID-19 pandemic.
In addition, India is witnessing investments in the automotive industry. For instance, Hyundai Motor India invested USD 500 million during FY2020.
At present, around 85% of the world's supply of these high-value rare earth elements originates from China, making the global rare earth elements market supply sensitive to changes in China’s manufacturing sector.

Regional Rare Earth Materials Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Significant Features and Key Highlights of the Reports:

– Detailed overview of Rare Earth Materials Market

– Changing market dynamics of the industry

– In-depth market segmentation by Type, Application etc.

– Historical, current and projected market size in terms of volume and value.

– Recent industry trends and developments

– Competitive landscape of Rare Earth Materials Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth.

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The report gives answers to the following:

What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Rare Earth Materials industry?
What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2021-2027)?
What could be the anticipated value of the Rare Earth Materials marketplace during the forecast period?

Customization: 

The Global Rare Earth Materials Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for any of our Market Intelligence Data reports at no additional cost to all of our Users.

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