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Praseodymium Market : Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Praseodymium MarketPraseodymium is a chemical element with the symbol Pr and atomic number 59. It is the third member of the lanthanide series and is traditionally considered to be one of the rare-earth metals. Praseodymium is a soft, silvery, malleable and ductile metal, valued for its magnetic, electrical, chemical, and optical properties. It is too reactive to be found in native form, and pure praseodymium metal slowly develops a green oxide coating when exposed to air.
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Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Praseodymium (Pr) estimated at US$ million in the year 2022, is projected to reach a revised size of US$ million by 2028, growing at a CAGR of % during the forecast period 2022-2028.
The USA market for Praseodymium (Pr) is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.
The China market for Praseodymium (Pr) is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.
The Europe market for Praseodymium (Pr) is estimated to increase from $ million in 2022 to reach $ million by 2028, at a CAGR of % during the forecast period of 2023 through 2028.
The global key manufacturers of Praseodymium (Pr) include Lynas, Shanxi Guanlu, Arafura Resources, Avalon Rare Metals, Alkane Resources, Indian Rare Earths, Baotou Hefa Rare Earth and Canada Rare Earth, etc. In 2021, the global top five players had a share approximately % in terms of revenue.
In terms of production side, this report researches the Praseodymium (Pr) production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Praseodymium (Pr) by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
This latest report researches the industry structure, capacity, production, sales (consumption), revenue, price and gross margin. Major producers' production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Praseodymium (Pr) manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases.
This report also includes a discussion of the major players across each regional Praseodymium (Pr) market. Further, it explains the major drivers and regional dynamics of the global Praseodymium (Pr) market and current trends within the industry.
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By Company
• Lynas
• Shanxi Guanlu
• Arafura Resources
• Avalon Rare Metals
• Alkane Resources
• Indian Rare Earths
• Baotou Hefa Rare Earth
• Canada Rare Earth
• Shin-Etsu Chemical
Segment by Type
• Praseodymium Nitrate
• Praseodymium Oxide
Segment by Application
• Permanent Magnet
• Ceramic
• Auto Catalyst
• Glass Polishing
• Battery Alloys
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