Hexa Research
This presentation is the property of its rightful owner.
Sponsored Links
1 / 3

Rare Earth Elements Market Analysis, Size, Share, Growth and Forecast to 20... PowerPoint PPT Presentation


Increasing permanent magnets demand is anticipated to augment global rare earth elements market growth over the next five years. Rare earth elements are also known as rare earth metals and belongs to a group of seventeen elements which comprise similar properties.

Download Presentation

Rare Earth Elements Market Analysis, Size, Share, Growth and...

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Rare earth elements market analysis size share growth and forecast to 2020 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

Rare Earth Elements MarketShare, Size, Analysis, Growth,

Trends and Forecasts, 2012 to 2020 | Hexa Research

Rare Earth Elements or rare earth metals are a group of seventeen elements bearing

similar properties. Key elements in the group include lanthanum, praseodymium,

cerium and neodymium. According to a new study by Hexa Research, high demand for

rare earth elements like cerium and lanthanum in applications like automobiles,

metallurgy, phosphors, glass, etc. will drive global market growth. Rising demand for

permanent magnets in electronic, wind turbine and automotive sectors will translate into

high demand for neodymium. Phosphor is essential to manufacture of consumer

electronic components like LCD screens and CRT displays. Elements like terbium,

europium and yttrium are used in the phosphors industry. Hexa Research predicts that

the global Rare Earth Elements market will reach $10.96 billion in 2020.

Browse Details of [email protected]://www.hexaresearch.com/research-report/rare-earth-

elements-industry/

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


Rare earth elements market analysis size share growth and forecast to 2020 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

Factors like limited reserves, strict regulatory guidelines, complicated extraction

process and heavy capital deployment are likely to adversely affect market growth.

Creation of elements from recycled waste is an area of opportunity for future.

China, with more than 93% of the global production, was the largest producer of

neodymium in 2012. The country’s potential as a key supplier of Rare Earth Elements is

likely to be hampered by stringent regulatory stipulations on indiscriminate mining

activities.

Hexa Research observed that Cerium was the largest consumed Rare Earth Element in

2013. It accounted for more than 40% of the total market that year. Main applications of

cerium included petroleum refining and metallurgy. Application categories of Rare Earth

Elements as determined by the research are catalysts, magnets, metallurgy, glass and

polishing. Permanent magnets grabbed highest market share in 2013 followed by

catalysts and metallurgy. Hexa Research expects permanent magnets to experience

fastest growth in the coming years.

Growing end-use industries in developing Asia Pacific regions like China, India,

Malaysia and South Korea will accelerate demand for the Rare Earth Elements market

in the near future. Asia Pacific fetched revenues close to $3.8 billion in 2013. China

was both, the largest consumer and producer of Rare Earth Elements in 2013. This will

contribute to Asia Pacific experiencing the fastest growth at a CAGR of 11.5% from

2014 to 2020. Growth in automotive sector in ROW countries will also contribute to

market growth. Molycorp and Inner Mongolia Baotou Steel Rare Earth HI-Tech Co.

were the dominant players of the Rare Earth Elements industry in 2013.

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-

category/advanced-materials-industry

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


Rare earth elements market analysis size share growth and forecast to 2020 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

About Us:

Hexa Research is a market research and consulting organization, offering industry

reports, custom research and consulting services to a host of key industries across the

globe. We offer comprehensive business intelligence in the form of industry reports

which help our clients obtain clarity about their business environment and enable them

to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: [email protected]

Website - http://www.hexaresearch.com/

Follow us on Linkedin : https://www.linkedin.com/company/hexa-research

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


  • Login