Rare Earth Elements market size was valued at USD 2.80 billion in 2018 and is estimated to witness a CAGR of 10% from 2021 to 2027.
Cerium, neodymium, lanthanum, praseodymium, yttrium and dysprosium are the most commonly used rare earth elements. The increasing demand for these products in the manufacture of magnets and catalysts for the automotive industry is driving the market. Cerium is widely used as a catalyst in catalytic converters in automobiles, while neodymium and praseodymium are used in the production of batteries for electric vehicles.
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Following are the segments covered by the report are:
- Cerium
- Dysprosium
- Erbium
- Europium
- Gadolinium
- Holmium
- Lanthanum
- Lutetium
- Neodymium
- Praseodymium
By Application:
- Magnets
- Catalysts
- Metallurgy
- Polishing
- Glass
- Phosphors
- Ceramics
The Key manufacturers that are operating in the global Rare Earth Elements market are:
- Arafura
- Alkane Resources
- Avalon Rare Metals
- China Rare Earth Holdings
- Indian Rare Earths
- Lynas
- Great Western Minerals
A full report of Global Rare Earth Elements Market is available at: https://www.orionmarketreports.com/rare-earth-elements-market/38166/
Scope of the Report
The research study analyzes the global Rare Earth Elements industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Rare Earth Elements Market Report
1. What was the Rare Earth Elements Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Rare Earth Elements Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Rare Earth Elements Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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