Rare Earth Metal Compounds Market Size And Analysis, Trends, Recent Developments, And Forecast Till 2027

 

Reports and Data estimates the global Rare Earth Metal Compounds competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2027 as the forecast period. The report offers CAGR and market size for the global Rare Earth Metal Compounds during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include China Minmetals Rare Earth Co. Ltd., Shin-Etsu Chemical Co. Ltd., Inner Mongolia Baotou Steel Rare Earth Hi-Tech Co Ltd., China Northern Rare Earth Group High-Tech Co., Molycorp Inc.,  India Rare Earth Ltd., Canada Rare Earth Corporation, Alkane Resources Ltd, Great Western Minerals Group Ltd., and Lynas Corporation Ltd, among others.

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Rare Earth Metal Compounds Overview :-

Besides many mature markets such as catalytic industrial uses, glass manufacturing, metallurgical applications, rare earth metal compounds have its unprecedented usage in the comparatively newer and high potential market dynamics like phosphors, battery alloys, permanent magnates, and others. The hidden potentiality of the rare earth metal compounds has been a major viewfinder of growth for many product-based companies that invest a handful of amount in their R&D to come up with new patented uses and create a monopoly in the market.

Global Rare Earth Metal Compounds is projected to drive significantly as a high demand for these compounds has been observed especially from the magnets, phosphors, glass & polishing, and catalytic industries. A massive inclination towards the automotive alternative propulsion systems such as hybrid electric vehicle (HEV) & electric vehicle (EV) has substantially propelled the demand for this market. Also, environmental concerns and regulations against the harmful vehicle exhaust emissions from the internal combustion engines (ICE) are some mentionable instances that earnestly helped in the market growth. However, due to the extreme difficulty in mining, many rare earth metals that are abundant in nature remain of no use. As technology improves, many organizations are making new ways to extract these metals at a lower cost and would actively be used in many end-use verticals.

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For the purpose of this report Reports and Data has segmented global Rare Earth Metal Compounds market on the basis of type, application, and region:

Rare Earth Metals Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

·       Cerium (Ce)

·       Dysprosium (Dy)

·       Erbium (Er)

·       Europium (Eu)

·       Gadolinium (Gd)

·       Holmium (Ho)

·       Lanthanum (La)

·       Lutetium Lu)

·       Neodymium (Nd)

·       Praseodymium Pr)

·       Promethium (Pm)

·       Samarium (Sm)

·       Scandium (Sc)

·       Terbium (Tb)

·       Thulium (Tm)

·       Ytterbium (Yb)

·       Yttrium (Y)

Additive Constituents Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

·       Metal Oxides

·       Inorganic Compounds

·       Others

End-Use Verticals Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

·       Catalysts

·       Magnets

·       Ceramics

·       Metallurgical

·       Glass

·       Polishing

·       Phosphors

·       Others

Key Regional Markets Covered in the Report:

·       North America (U.S.A., Canada, Mexico)

·       Europe (Italy, U.K., Germany, France, Rest of Europe)

·       Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)

·       Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

 

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Key Questions answered by the Report:

·       What is the expected year-on-year growth of the Rare Earth Metal Compounds during the forecast period?

·       What key trends are expected influence revenue growth of the market going ahead?

·       Which region is expected to account for largest revenue share over the forecast period?

·       Which key companies are profiled in the report?

 

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About Reports and Data 

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