Stratview Research announces the addition of a new market research report on Global Rare Earth Metals Market by Material Type (Lanthanum Oxide, Cerium, Praseodymium, Neodymium, Samarium, Europium, Gadolinium, Terbium, Dysprosium, Yttrium, and Others), by Applications (Permanent Magnets, Catalysts, Glass Polishing, Phosphors, Ceramics, Metal Alloy, Glass Additives, and Others), by Sales Channel (Direct Sales and Distributors), by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021
This market report from Stratview Research studies the global rare earth metals market over the period 2010 to 2021. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Global Rare Earth Metals Market: Highlights
Stratview Research foresees a robust growth opportunity of 5.6% CAGR in the global rare earth metals market over the next five years (2016 – 2021), which offers an opportunity to the industry players to align themselves with the market growth. Cerium oxide is the most dominant rare earth metal accounting for 38% of the market in 2015, followed by Lanthanum oxide with 24% share.
The author of the report cited that 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.
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.
y 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.
This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the research report:
Avail free customization options which are listed in the link given below along with the detailed Table of Contents and Report Description.
Free customization options for market research report on global rare earth metals market.
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