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Rare Earth Metal Market with Growing CAGR of 11.15% by 2028: Industry Share, Size, Industry Analysis, Key Growth Drivers, Trends and Segments

The rare earth metal market is expected to witness market growth at a rate of 11.15% in the forecast period of 2021 to 2028. The Global Rare Earth Metal Market report brings into light key market dynamics of the sector. This intelligence report includes investigations based on Current scenarios, Historical records, and Future predictions. The report contains different market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, diagrams, graphs, pie charts, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis. It presents the 360-degree overview of the competitive landscape of the industries. Rare Earth Metal Market is showing steady growth and CAGR is expected to improve during the forecast period.

The rise in demand for clean energy across the globe acts as one of the major factors driving the growth of rare earth metal market. The increase in the demand for these products in the manufacturing of magnets and catalysts for the automotive industry, and high usage in the production of batteries for electric vehicles owning to the rising need to reduce CO2 emissions accelerate the market growth. The use of the rare earth metal in fluorescent lighting, smartphones, and other cellphones, and catalytic converters utilized by rechargeable batteries and automotive exhaust systems further influence the market. Additionally, research and development activities, expansion of end use industries, urbanization and industrialization, and focus of various organizations and companies on enhancing the technology positively affect the rare earth metal market. Furthermore, recycling and reuse of rare-earth metals extends profitable opportunities to the market players in the forecast period of 2021 to 2028.

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Global Rare Earth Metal Market report provides you with detailed insights, industry knowledge, market forecasts and analytics. The report on the global Rare Earth Metal industry also clarifies economic risks and environmental compliance. Rare earth metal refer to the type of element that is utilized in telescope lenses, studio lighting, loudspeakers, and computer hard drives for allowing them to be smaller and more efficient. These are widely used in displays and screens because they are capable of producing different colors. Rare earth elements are known to possess high electrical conductivity and occur together in minerals. These metals are considered strongest magnets available today.

The major players covered in the rare earth metal market report are Minmetals Rare Earth Co., Ltd., Alkane Resources Ltd, ARAFURA RESOURCES, Lynas Corporation Ltd, China Rare Earth Holdings Limited, Avalon Advanced Materials Inc., IREL(INDIA) LIMITED, Greenland Minerals Ltd., NEO, Rare Element Resources Ltd., Frontier Rare Earths Limited, Canada Rare Earth Corporation, Iluka Resources Limited, Northern Minerals, Krakatoa Resources Limited, Ucore Rare Metals Inc., Namibia Critical Metals Inc., among other domestic and global players.

The rare earth metal market is segmented on the basis of elements and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

On the basis of element, the rare earth metal market is segmented into cerium, neodymium, lanthanum, dysprosium, terbium, erbium, gadolinium, holmium, lutetium, praseodymium, promethium, samarium, thulium, ytterbium, yttrium, scandium and others. Cerium are further segmented into oxide, sulfide, and others. Lanthanum is further segmented into alloy, oxide, and others. Scandium is further segmented into alloy, oxide, fluoride, chloride, nitrate, iodide, carbonate, and others.

On the basis of application, the rare earth metal market is segmented into catalysts, ceramics, phosphors, glass & polishing, metallurgy, magnets and others.

View Full This Report including TOC & Graphs: https://www.databridgemarketresearch.com/reports/global-rare-earth-metal-market

GLOBAL RARE EARTH METAL MARKET COUNTRY LEVEL ANALYSIS
The rare earth metal market is analyzed and market size, volume information is provided by country, element and application as referenced above.

The countries covered in the global rare earth metal market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the rare earth metal market due to the expansion of automotive industry and rise in consumer electronics and nuclear energy industries within the region. Asia-Pacific is expected to be the fastest growing market during the forecast period of 2021 to 2028 because of the increase in application of rare earth in magnets for manufacturing batteries in the electric vehicles and polishing of television glass in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

Key Indicators Analysed:

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin & Sales by Product Types.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook. Further the report provides break down details about each region & countries covered in the report. Identifying its production, consumption, import & export, sales volume & revenue forecast.
Market Analysis by Product Type: The report covers majority Product Types in the Rare Earth Metal Industry, including its product specifications by each key player, volume, sales by Volume and Value (M USD).
Market Analysis by Application Type: Based on the Rare Earth Metal Industry and its applications, the market is further sub-segmented into several major Application of its industry. It provides you with the market size, CAGR & forecast by each industry applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report will provide with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Reasons for buying this report:

Analysing the outlook of the Rare Earth Metal market with the recent trends and Porter's five forces analysis
To study current and future market outlook in the developed and emerging markets
Rare Earth Metal Market dynamics scenario, along with growth opportunities of the market in the years to come
Rare Earth Metal Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
Rare Earth Metal Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
Distribution Channel Sales Analysis by Value
Competitive landscape involving the Rare Earth Metal market share of major players, along with the new product launch and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategy employed by the major market players

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