openPR Logo
Press release

Rare Earth Metals Recycling Market | Key players operating in the market include Solvay SA, Hitachi Metals, Umicore, Osram Licht AG, Energy Fuels

04-13-2023 12:01 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

Rare Earth Metals Recycling Market, Rare Earth Metals Recycling, Rare Earth Metals Recycling Market Growth, Rare Earth Metals

Rare Earth Metals Recycling Market, Rare Earth Metals Recycling, Rare Earth Metals Recycling Market Growth, Rare Earth Metals

According to recent market research the "Rare Earth Metals Recycling Market by Application (Permanent Magnets, Alloys, Polishing Materials, Glass, Catalyst, Phosphor, Ceramics, Hydrogen Storage Alloys), Technology (Hydrometallurgical, Pyrometallurgical) and Region - Global Forecasts to 2026", published by MarketsandMarkets, the global rare earth metals recycling market is estimated to be USD 248 million in 2021 and is projected to reach USD 422 million by 2026, at a CAGR of 11.2% from 2021 to 2026. Rare earth metals are considered key elements in developing technologies in the communications, electronics, automotive, and military weapon sectors. The demand for these elements is expected to increase in the near future as these are key components in emerging applications, such as green technology and electric and hybrid vehicles.

Browse 149 market data Tables and 59 Figures spread through 171 Pages and in-depth TOC on "Rare Earth Metals Recycling Market - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/rare-earth-metals-recycling-market-257911285.html

Erbium, ytterbium, and neodymium are the most widely used rare earth metals in glass. Optical communication uses erbium-doped silica fiber, engineering materials processing uses ytterbium-doped silica fiber, and glass lasers used for inertial confinement fusion apply neodymium-doped. The ability to change the fluorescent properties of glass is one of the most important uses of rare earth metals in glass. Rare earth is used as clarifier, additive, decolorizer, colorant, and polishing powder in the glass industry and plays an irreplaceable role in other elements. By using the characteristics of high refraction and low dispersion of some rare earth elements, optical glass can be produced, which can be used to make good lenses of cameras, cameras, telescopes, and other good optical instruments.

Rare earth metals bearing deposits are limited and, hence, secondary sources of rare earth metals such as wastes are becoming the potential sources. Hydrometallurgical processing technology methodologies routed through leaching, solvent extraction, and precipitation is often preferred as a prominent technique for recovering rare earth metals from secondary wastes such as batteries, spent magnets, e-wastes, and others. The technology has a number of advantages over the pyro-metallurgical route. The favorable features of this technique are low production costs, small amount of waste generation, and low levels of noxious gases emission, which prevent environmental contamination and enable a clean separation of targeted rare earth metals.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=257911285

The global rare earth metals recycling market is estimated to be USD 248 million in 2021 and is projected to reach USD 422 million by 2026, at a CAGR of 11.2% from 2021 to 2026. Rare earth metals are considered key elements in developing technologies in the communications, electronics, automotive, and military weapon sectors. The demand for these elements is expected to increase in the near future as these are key components in emerging applications, such as green technology and electric and hybrid vehicles.

The key players in the rare earth metals recycling market are Solvay SA (Belgium), Hitachi Metals, Ltd. (Japan), Umicore (Belgium), OSRAM Licht AG (Germany), Energy Fuels (US), and others. The rare earth metals recycling market report analyzes the key growth strategies adopted by the leading market players, between 2016 and 2021, which include expansions, mergers & acquisition, new product developments/launch, and collaborations.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=257911285

Solvay SA is a manufacturer and distributor of chemical and plastic products. It operates through the following segments: advanced formulations, advanced materials, performance chemicals, and corporate and business services. The advanced formulations segment offers specialty formulations that impact surface chemistry and alter liquid behavior. The advanced materials segment provides materials for multiple applications in the automotive, aerospace, electronics, and health sectors. The performance chemicals segment operates in mature and resilient markets and has positions in chemical intermediates. The company has more than 20 research & innovation centers and presence in more than 64 countries. Solvay has two sites in France for recycling rare earth elements.

Hitachi Metals, Ltd. is engaged in the manufacturing and sale of products for the automobile, electronics, and infrastructure sectors. It operates through the specialty steel, magnetic materials, functional components, and cable materials business divisions. The specialty steel division offers high-grade special steel, rolls, steel and ceramic structural parts, injection molding machine parts, and soft magnetic materials. The magnetic materials division offers magnets and ceramic products. The functional components division provides high-grade casting components for automobiles, piping and infrastructure components, and construction components. The cable materials division offers electric wires and functional items such as industrial wire, equipment wire, industrial rubber, cable processed products, automotive electrical components, and brake hose. The company has plants and research & development facilities in Osaka, Saga, Shimane, Mie, Saitama, Tochigi and Ibaraki and overseas offices in New York, Dusseldorf, London, Paris, Shanghai, Hong Kong, Taipei, and Singapore, among other cities.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/rare-earth-metals-recycling.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/rare-earth-metals-recycling-market.asp

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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 Metals Recycling Market | Key players operating in the market include Solvay SA, Hitachi Metals, Umicore, Osram Licht AG, Energy Fuels here

News-ID: 3011568 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for Rare

lacit Market With Industrial Analysis by Forecast 2020-2025 | China Minmetals Ra …
This report provides in-depth study on the current state of the Global Lacit Market 2020-2025. Key players in the Global Lacit Market have been identified through the secondary research and their market share has been determined through primary and secondary research. Global Lacit Market overview: It is a compound made from lanthanum acetate and citric acid. LaCit market is segmented by Type, and by Application. Players, stakeholders, and other participants in the
Rare Earth Metals Market Insights, Forecast to 2024| Great Western Minerals, Ind …
Growing demand for magnets in automobiles, and energy generation will majorly contribute to the growth of global rare earth metals market over the forecast period. The demand for rare earth magnets is majorly increasing by their consumption in electric and hybrid vehicles, and wind turbines. Increasing focus on utilizing clean and renewable energy is giving a substantial pressure on the electricity providers, to generate energy through renewable sources, which in
Global Erbium Oxide Market 2017 - Chenguang Rare Earth, Longyi Heavy Rare-Earth, …
The report studies Erbium Oxide in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022 The report Global Erbium Oxide Industry provides a comprehensive analysis of the Erbium Oxide market. The report features industry insights from experts. A detailed segmentation of the Global Erbium Oxide market has been included in the
Global Dysprosium Oxide Market 2017 - Longyi Heavy Rare-Earth, China Minmetals R …
The report studies Dysprosium Oxide in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022 The report Global Dysprosium Oxide Industry 2017 is a professional, in-depth study that includes insights extracted from complex information, which clients can use for their business advantage. A large volume of precise, reliable market data has
Global Europium Oxide Market 2017 - Longyi Heavy Rare-Earth, China Minmetals Rar …
The report studies Europium Oxide in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022 The research report titled Europium Oxide has adopted an analytical approach to evaluate the dynamics of the Europium Oxide market. It provides a detailed analysis comprising an in-depth research on the Europium Oxide market growth drivers,
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.