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    Rare Earth Metals Market Size, Share & Forecast (2020-2025) | Covid-19 Impact Analysis

    Rare Earth Metals Market Size, Share & Forecast (2020-2025) | Covid-19 Impact Analysis

    Rare Earth Metals Market Size, Share & Forecast (2020-2025) | Covid-19 Impact Analysis
    Report code - SRAM114 Delivery - 2 Weeks
    Rare Earth Metals Market Size, Share, Trend, Forecast, & Competitive Analysis: 2020-20 See more...
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    Impact of COVID-19 on Rare Earth Metals Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Rare Earth Metals Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Rare Earth Metals Market Insights

    The global rare earth metals market offers a good growth opportunity and is likely to grow at >5% CAGR during the forecast period of 2020 to 2025. Cerium oxide is the most dominant rare earth metal accounting for 38% of the market in 2015, followed by Lanthanum oxide with 24% share. Cerium oxide and Lanthanum oxide are cheaper than other rare earth metals and are widely used in the metal alloys, catalysts, and glass phosphors.

     

    Rare Earth Metals Market Share Analysis

    Rare Earth Metals Market Share by Apploication Type

    Top three applications (permanent magnets, metal alloys, and catalysts), together accounted for 60% of the global rare earth metals market in 2015 and will continue to remain the dominant applications during the forecast period. Permanent magnets are likely to remain the growth engine during the forecast period driven by increasing penetration in traditional applications as well as emerging applications.

    Regional Insights

    Asia-Pacific is expected to remain the largest consumer of the global rare earth metals market. China owns the largest reserves of the rare earth metals worldwide. China is both the leading producer as well as the consumer of rare earth metals. Imposition of restrictions on China’s export and growing rare earth metals demand within China would create a demand supply gap in the rare earth metals market worldwide.

    The global rare earth metals market is likely to witness significant changes in the coming years. New sources of supply are scheduled to be developed across the globe. China, which is the major producer of rare earth metals worldwide, is witnessing consolidation by state owned enterprises. China owns the largest reserves of the rare earth metals followed by Brazil. China will continue to remain the largest producer during the forecast period.

    Key Players

    There is a presence of small to large scale producers of rare earth metals in China and worldwide. The key rare earth metal manufacturers are Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co Ltd., Molycorp Inc, China Minmetals Rare Earth Co. Ltd, Great Western Minerals Group Ltd., Alkane Resources Ltd, Arafura Resources Ltd., Lynas Corp., Avalon Rare Metals, Canada Rare Earth Corporation, and India Rare Earth Ltd.

     

    Research Methodology

    For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

     

    Market Scope & Segmentation

    Research Scope

    Trend & Forecast Period

    2014-2025

    Regions Covered

    North America, Europe, Asia-Pacific, Rest of the World

    Forecast

     >5% CAGR during 2020-2025

    Figures & Tables

    >150

    Customization

    Up to 10% customization available free of cost

     

    The market is segmented in the following ways:

    Rare Earth Metals Market Size, Share & Forecast by Material Type:

    • Lanthanum Oxide
    • Cerium
    • Praseodymium
    • Neodymium
    • Samarium
    • Europium
    • Gadolinium
    • Terbium
    • Dysprosium
    • Yttrium
    • Other

    Rare Earth Metals Market Size, Share & Forecast by Application Type:

    • Permanent Magnets
    • Catalysts
    • Glass Polishing
    • Phosphors
    • Ceramics
    • Metal Alloy
    • Glass Additives
    • Others

    Rare Earth Metals Market Size, Share & Forecast by Sales Channel Type:

    • Direct Sales
    • Distributors

    Rare Earth Metals Market Size, Share & Forecast by Region:

    • North America
    • Europe
    • Asia – Pacific
    • Rest of the World

     

    Report Features

    This report, from Stratview Research, studies the global rare earth metals market over the period 2014 to 2025. The report provides detailed insights on the market dynamics in order to take informed business decision and build growth strategy based upon the opportunities present in the market.

    The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

     

    Report Customization Options

    Stratview Research offers free customization up to 10% of the report cost. Our respectable clients can have one of the following custom options along with the report:

    Company Profiling

    • Detailed profiling of additional market players (up to 3)
    • SWOT analysis of key players (up to 3)

    Geographic Analysis

    • Further segmentation of Asia-Pacific into China, India, and Rest of Asia Pacific

    Regional Segmentation

    • Current market segmentation of any one of the regions by applications

    Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your enquiry at [email protected].


    Frequently Asked Questions (FAQs)

    What will be the growth of Rare Earth Metals Market in the foreseeable years?

    The rare earth metals market is expected to witness an impressive growth of >5% CAGR during the forecast period of 2020 to 2025.

    Who are the key players in the Rare Earth Metals Market?

    Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co Ltd., Molycorp Inc, China Minmetals Rare Earth Co. Ltd, Great Western Minerals Group Ltd., Alkane Resources Ltd, Arafura Resources Ltd., Lynas Corp., Avalon Rare Metals, Canada Rare Earth Corporation, and India Rare Earth Ltd. are among the key players in the rare earth metals market.

    Which country/region is expected to be the largest Rare Earth Metals Market?

    Asia-Pacific is expected to remain the largest market of the global rare earth metals. China owns the largest reserves of the rare earth metals worldwide.

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