Global Rare Earth Elements Market Overview
The total global market for the Global Rare Earth Elements Market The report analysed by Maximize Market Research, on the Global Rare Earth Elements market, covers an extensive regional analysis and competitive landscape.
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Global Rare Earth Elements Market Report Scope and Research Methodology
The Market Report on Global Rare Earth Elements provides a detailed view of its scope and research methodology. It includes both qualitative and quantitative assessments, examining market dynamics, trends, motivating factors, difficulties, and chances for growth. The research approach integrates primary and secondary research methods, including interviews with industry specialists, market surveys, and data analysis from reputable sources. This method guarantees a comprehensive analysis of the Global Rare Earth Elements market, delivering valuable information to stakeholders.
Regional analysis of the Global Rare Earth Elements market conducted at local, regional and global levels. The report also provides information on the emerging regions that are expected to be major markets for the Global Rare Earth Elements market. The report includes primary and secondary collection techniques with qualitative and quantitative approaches for the analysis of the Global Rare Earth Elements market. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to understand the competitive intensity of the industry in the Global Rare Earth Elements Market.
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Global Rare Earth Elements Market Regional Insights
Regional analysis is conducted to assess the status of the Global Rare Earth Elements market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The Global Rare Earth Elements market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.
Global Rare Earth Elements Market Segmentation
by Metal
Lanthanum
Cerium
Neodymium
Praseodymium
Samarium
Europium
Cerium was the most popular element in 2023, accounting for a significant portion of total volume. The growing popularity of hybrid vehicles is likely to raise rare earth demand during the predicted period. From 2024 to 2030, praseodymium volume is predicted to increase at a CAGR of 6.4%. It is used as an alloying agent with magnesium in aviation engines to produce high-strength metals. As the number of people from around the world grows, so does the demand for flights. In February 2017, GE Aviation, a subsidiary of General Electric, committed to invest USD 12.3 billion to enhance aircraft engine production capacity. This is likely to increase praseodymium demand over the projection period.
by Application
Permanent Magnets
Metals Alloys
Polishing
Additives
Catalysts
Phosphors
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Global Rare Earth Elements Market Key Players
1. Ucore Rare Metals Inc
2. Arafura Resources Limited
3. Alkane Resources ltd
4. Lynas Corporation
5. Avalon Advanced Materials, Inc.
6. Canada Rare Earth Corporation
7. Iluka Resources Limited
8. Baotou Jinmeng Rare Earth Co
9. Northern Minerals Limited
10. Shin-Etsu Chemical Co. Ltd.
11. China Minmetals Rare Earth Co. Ltd.
12. China Northern Rare Earth (Group) High-Tech Co., Ltd.
13. Iluka Resource Ltd (Australia)
Key questions answered in the Global Rare Earth Elements Market are:
- What is Global Rare Earth Elements?
- What was the Global Rare Earth Elements market size in 2023?
- What is the growth rate of the Global Rare Earth Elements Market?
- Which are the factors expected to drive the Global Rare Earth Elements market growth?
- What are the different segments of the Global Rare Earth Elements Market?
- What growth strategies are the players considering to increase their presence in Global Rare Earth Elements?
- What are the upcoming industry applications and trends for the Global Rare Earth Elements Market?
- What segments are covered in the Global Rare Earth Elements Market?
- Who are the leading companies and what are their portfolios in Global Rare Earth Elements Market?
- What segments are covered in the Global Rare Earth Elements Market?
- Who are the key players in the Global Rare Earth Elements market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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