Rare Earth Metals Market Overview, Dynamics, Trends, Segmentation, Key Players 2018
Rare earth metals are a group of elements consisting of the fifteen lanthanide series elements in addition to scandium and yttrium. These elements are often found in nature along with each other. While not being rare as such, they are widely dispersed across the earth and can be hard to separate. These metals display a similar set of properties and are utilized in a variety of application avenues in the electrical and electronics sector. Digital memory devices, smartphones and other cellphones, fluorescent lighting, catalytic converters used in automotive exhaust systems, and rechargeable batteries are among the key application segments of the global rare earth metals market.
Browse Market Research Report: http://www.transparencymarketresearch.com/rare-earths.html
The global rare earth metals market is divided into heavy earth metals and light earth metals on the basis of product type. Cerium, which is a light rare earth metal, is the most widely used rare earth metal. Lanthanum and neodymium, two of the other leading product segments of the global rare earth metals market, are also light rare earth metals. Neodymium is also among the highest revenue generators in the global rare earth metals market; scandium is the leader in the global rare earth metals market in this regard.
Booming Electronics Sector to Drive Global Rare Earth Metals Market
The prime driver for the global rare earth metals market is the steady growth of the electronics industry and the rising use of electronic equipment in a variety of end use applications. The electronics industry has flourished in recent years thanks to the growing disposable income of consumers in an increasing number of regions and the consequent rise in the demand for premium consumer goods. The use of rare earth metals in the production of magnets is thus also crucial in ensuring steady revenue generation from the electronics sector. Due to the convenience provided by electronic and automated equipment, the electronics sector now has a presence in almost every sector. This is likely to enable steady demand from the global rare earth metals market in the coming years.
The automotive industry has a multifaceted role to play in the future development of the global rare earth metals market. The rising purchasing power of consumers in important prospective automotive markets has led to rising incorporation of electronic elements in automotive design, which is likely to remain a popular trend in the coming years. The demand for automotive electronics for the purpose of entertainment, security, and several other aspects is likely to rise steadily in the coming years, leading to rising demand from the global rare earth metals market.
Get accurate market forecast and analysis on the Rare Earth Metals market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=823
The steady support for the development of electric vehicles from within the automotive industry also bodes well for the global rare earth metals market. The environmentally oriented regulatory framework in several countries is also conducive for the growth of the electric vehicles market, leading to strong growth prospects for the global rare earth metals market. Metalworking and glass are also likely to remain important sectors for the global rare earth metals market in the coming years.
Concentration of Rare Earth Ores to Ensure Steady Dominance of China
Geographically, the global rare earth metals market is led by China, as it is home to the largest deposits of rare earth metals. Other leading producers of rare earth metals include Australia, India, Russia, and the U.S., indicating the likely dominance of Asia Pacific in the global rare earth metals market in the coming years. The booming automotive and consumer electronics industries in China are likely to be vital for the global rare earth metals market in the coming years.
Key companies in the global rare earth metals market include Great Western Minerals Group, Rare Elements Resources Ltd., Arafura Resources, China Rare Earth Holdings, Molycorp, Alkane Resources, Avalon Rare Metals, and Indian Rare Earths.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Market Overview, Dynamics, Trends, Segmentation, Key Players 2018 here
News-ID: 647146 • Views: 295
More Releases from Transparency Market Research
Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the
More Releases for Rare
Global Rare Hematology Market
https://www.qandqmarketresearch.com/report-sample/rare-hematology2018-market-70 The Global and Chinese Rare Hematology Industry, 20132023 Market Research Report is a professional and indepth study on the current state of the global Rare Hematology industry with a focus on the Chinese market. The report provides key statistics on the market status of the Rare Hematology manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Firstly, the report provides a basic
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.
Global Rare Earth Metals Market 2017 - Sunlux Rare Metal, Beifang Rare Earth, Ji …
Global Rare Earth Metals Industry 2017 report introduced size, share, trends, conditions, including the product price, profit, capacity, production, capacity utilization, supply, demand and industry growth, SWOT analysis, investment feasibility analysis, and investment return analysis etc. Global Rare Earth Metals Industry is an accurate and quality research study on the Global Rare Earth Metals market. This report is based on the briefings and interviews conducted with product manufacturers and their consumers,
Global Rare Earth Metals Market 2017- Beifang Rare Earth, Jiangtong Rare Earth, …
Global Rare Earth Metals Industry 2017 is a comprehensive, professional report delivering market research data that is relevant for new market entrants or established players. Key strategies of the companies operating in the market and their impact analysis have been included in the report. Furthermore, a business overview, revenue share, and SWOT analysis of the leading players in the Rare Earth Metals market is available in the report. Download Sample Report
RARE 24k Therapy Creme
Introducing Rare 24k Therapy: When NSAIDS, toxic pain killers, chiropractors and heating pads aren’t giving you enough, add RARE 24K Therapy Crème to your doctor prescribed regime. A new, natural, and scientifically proven, gold skincare remedy that delivers non-toxic pain relief to people suffering with arthritis, muscle strains, or joint pain. Press Release – December 2016 SALT LAKE CITY - RARE, 24k Gold Therapy Crème offers deep therapeutic relief using newly
Rare Books Auction - Biblical Rarities
Hamburg, 04 September, 2014 (kk) – It is nothing less than one of the most important German early woodcut books. Now the printed German edition of the “Neunte Deutsche Bibel”, the only one by Anton Koberger, godfather of Albrecht Dürer, will be sold in the auction of Rare Books at Ketterer Kunst in Hamburg on 17/18 November. The remarkably well-preserved copy from 1483 was executed in a pleasing new type.