Rare Earth Metals Market Size, Share, Development by 2023

Rare earth metals are vital to the world's economy. They are essential to developing technologies in the communications, electronics, and military weapons markets. It is widely used in metallurgy, rare earth permanent magnet material and hydrogen storage material.

LPI (LP Information)' newest research report, the "Rare Earth Metals Industry Forecast" looks at past sales and reviews total world Rare Earth Metals sales in 2022, providing a comprehensive analysis by region and market sector of projected Rare Earth Metals sales for 2023 through 2029. With Rare Earth Metals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rare Earth Metals industry.

This Insight Report provides a comprehensive analysis of the global Rare Earth Metals lands cape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rare Earth Metals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Rare Earth Metals market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rare Earth Metals and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Grade Phosphoric Acid.

Get More Information on this Report：
https://www.lpinformationdata.com/reports/454350/rare-earth-metals-2029

The global Rare Earth Metals market size is projected to grow from US$ 714.1 million in 2022 to US$ 331.8 million in 2029; it is expected to grow at a CAGR of 331.8 from 2023 to 2029.

Global Rare Earth Metals key players include Beifang Rare Earth, Integral Materials Investment Vietnam, Grirem Advanced Materials, Chenguang Rare Earths New Material, Jiangtong Rare Earth, etc. Global top five manufacturers hold a share over 60%.

China is the largest market, with a share over 80%.
In terms of product, Pr-Nd is the largest segment, with a share over 70%. And in terms of application, the largest application is Rare Earth Permanent Magnet Material, followed by Metallurgy, Hydrogen Storage Material, etc.

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

Top Manufactures in Global Rare Earth Metals Includes:
Beifang Rare Earth
Integral Materials Investment Vietnam
Chenguang Rare Earths New Material
Sunlux Rare Metal
Grirem Advanced Materials
Baotou Xinye New Materials
Ganzhou Rare Earth Metals
Jiangtong Rare Earth
Xiamen Tungsten
Shenghe Resources
Yiyang Hongyuan Rare Earth

Market Segment by Type, covers:
Pr-Nd
La-Ce
La
Ce
Pr
Nd
Others

Market Segment by Applications, can be divided into:
Metallurgy
Rare Earth Permanent Magnet Material
Hydrogen Storage Material
Others

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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