Press release
Global Rare Earth Metals Market To Grow At A CAGR Of 13.67% During The Period 2017-2021
Rare earth metals comprise 17 chemical elements in the periodic table, which include fifteen elements of the lanthanide series, and scandium and yttrium. Scandium and yttrium are also considered rare earth metals as they are found in the same mineral ore deposits as the other elements of the lanthanide series. Rare earth metals have unique physical and chemical properties, which make them suitable to alloy with other metals in applications that require properties such as enhanced magnetic strength and high-temperature resistance.
Technavios analysts forecast the global rare earth metals market to grow at a CAGR of 13.67% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global rare earth metals market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
China
Rest of Asia
ROW
US
To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=1059739
Technavio's report, Global Rare Earth Metals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Alkane Resource
Arafura Resources
Avalon Advanced Materials
China Minmetals Rare Earth
Lynas Corporation
Other prominent vendors
Baogang Group
Canada Rare Earth Corp
China Rare Earth Holdings
Frontier Rare Earths
Greenland Minerals and Energy
Indian Rare Earths
Jiangxi Copper Company
Montero Mining and Exploration
Namibia Rare Earths
Neo
Quest Rare Minerals
Rare Element Resources
Showa Denko K.K
Ucore Rare Metals
Market driver
Elevated usage in direct-drive turbines for wind energy production.
For a full, detailed list, view our report
Market challenge
Demand-supply outages and the rise of substitutes.
For a full, detailed list, view our report
Market trend
Massive consolidation of the rare earth metal mining industry in China.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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