Press release
Global Critical Mineral Market Projected to Reach USD 609.07 Billion by 2034; Strategic Insights Now Available for US$99
Evolve DataBank
The global energy and automotive landscape is undergoing a massive transition toward mineral-intensive clean technologies, with the critical mineral market projected to grow from USD 325.33 billion in 2023 to USD 609.07 billion by 2034. According to the latest exhaustive research by Evolve DataBank, the industry is maintaining a steady CAGR of 5.73%, driven by the explosive demand for electric vehicle (EV) batteries, the global expansion of renewable power infrastructure, and the critical role of rare earth elements (REEs) in high-tech defense and electronics.
The report identifies Copper as the dominant mineral by market size due to its universal application in electrical wiring, while Lithium and Cobalt are emerging as the highest-growth segments, fueled by aggressive decarbonization policies and the proliferation of gigafactories. Geographically, Asia-Pacific stands as the global leader, dominated by China's large-scale processing and production capabilities. Meanwhile, North America and Europe are identified as strategic regions for domestic resource development as governments push for supply chain security and reduced geopolitical dependence.
Institutional-Grade Intelligence Now Accessible for US$99 In an industry-first move to democratize high-tier energy and advanced materials research, Evolve DataBank is making its professional-grade 2021-2034 critical mineral data suite available for just US$99. This report provides granular data across mineral types (Lithium, Nickel, Cobalt, Graphite, Copper, REEs), application sectors (Automotive, Energy, Electronics, Aerospace), and critical regional growth dynamics including the US, Germany, and Chile.
For instant access to the full forecast and segmentation data, visit: https://evolvedatabank.com/ProductMaster/ProductDataDisplay/critical-mineral-management-market-analysis
"Critical minerals have become the new 'oil' of the 21st-century economy; they are the essential building blocks for the net-zero transition," says the Senior Analyst at Evolve DataBank. "By offering our in-depth analysis at a US$99 price point, we are empowering startups, mineral engineers, and independent analysts to access the same institutional-level data used by global industry leaders like Rio Tinto, BHP, and Glencore."
Key Highlights of the Critical Mineral Market Report:
• EV & Clean Energy Surge: Detailed analysis of how wind turbines, solar panels, and EV motors are driving unprecedented demand for REEs, indium, and tellurium.
• Supply Chain Localization: Evaluation of how government incentives in the US and EU are accelerating domestic extraction and regional supply chain resilience.
• Sustainability & Ethical Sourcing: In-depth look at the rising role of closed-loop recycling and urban mining in meeting global ESG and ethical standards.
• Traceability Innovation: Comprehensive breakdown of how AI and blockchain are being integrated to ensure transparent and responsible mineral supply chains.
Sign up to Evolve DataBank for instant access to market reports and industry analysis across all covered verticals: https://evolvedatabank.com/Menu/UserSignup
Evolve DataBank Powered By Evolve Business Intelligence
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Email: info@evolvebi.com
Web: www.evolvedatabank.com
Evolve Data Bank, powered by Evolve Business Intelligence, is a premier online platform offering highly granular, data-driven market insights across diverse global verticals. We are the strategic partner for businesses, analysts, and researchers seeking reliable, actionable market intelligence.
Our comprehensive data bank covers critical sectors including Automotive & Transportation, Aerospace and Defence, Chemical and Materials, Construction And Manufacturing, Electronics and Semiconductor, and essential service industries like Life Science, Consumer Goods & Retail, BFSI, Food & Beverages, Information & Communication Technology, and Energy & Power.
Redefining Industry Access: Committed to democratizing high-tier market research, Evolve DataBank now offers its professional-grade data suites at a market-disrupting entry point of just US$99. By removing the traditional financial barriers to institutional-level intelligence, we empower startups, SMEs, and independent analysts to make data-backed decisions with the same precision as global enterprises.
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