Hexa Research Inc. Industry Research,Custom Research & Consulting Rare Earth Elements Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2012 To 2020 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. The group consists of fifteen lanthanide series elements and yttrium and scandium. Major elements include lanthanum, praseodymium, cerium and Neodymium. These elements together constituted total rare earth elements market accounting for over 74% in 2013. The elements have major applications in technology products such as TVs, computers & tablets, nuclear batteries, super conductors, miniature, laser repeaters, military technology, various medical devices, permanent magnets and rechargeable batteries. These are also applied as catalysts in petroleum refining and automotive industries and as pigments in ceramic and glass. Mostly Neodymium is used in permanent magnet manufacturing process. Growing applications of permanent magnets in automotive industries are expected to bolster the rare earth elements market growth. Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/rare-earth-elements-industry/ Hexa Research Inc. Industry Research,Custom Research & Consulting Growing applications of rare earth elements as a metal catalyst is projected to drive the market growth over the forecast period. Majorly lanthanum and cerium are used as catalyst in petroleum refining and metallurgical process. Increasing petroleum and metals demand is anticipated to surge the market growth over the next five years. Scarcity of these metals and depletion of existing reserves is expected to hamper the global rare earth metals market growth. The expected depletion of the metals includes dysprosium and neodymium owing to increasing consumption worldwide. China was the largest producer of neodymium in 2012 accounting for over 93% of global production. Environmental regulatory bodies in many nations such as China have banned excessive mining to restrict resources exploitation. This is projected to have negative impact on rare earth elements market over the next five years. Major products in the market include Lanthanum, Cerium, Neodymium, Yttrium, Gadolinium, Praseodymium and Dysprosium. Cerium followed by Lanthanum was the largest consumed product segment in 2013 accounting for over 40% of the total market. Cerium is broadly used in petroleum refining and metallurgy process. Increasing demand for fuel and metals is projected to boost the rare earth elements market over the forecast period. Neodymium is one of the most popular earth metals and has applications in permanent magnets. Increasing applications of permanent magnets in electronic and automotive industries is anticipated to fuel the market growth in the near future. Rare earth elements market is segmented on the basis of applications into catalysts, magnet, metallurgy, glass, and polishing. Permanent magnets were the dominant application market in 2013 on account of increasing applications in automotive and wind turbine. This segment is anticipated to be the fastest growing market in near future. Catalysts and metallurgy contributed for the second major market accounting for over 37% of the total market in 2013. Catalysts are used in several industries such as glass, ceramic, metallurgy, and polishing. Request A Sample copy of This Report @ http://www.hexaresearch.com/sample/246 Asia Pacific dominated the rare earth elements market in 2013 owing to economical utilization of reserves. The product demand is projected to grow at rapid pace due to increasing end-use industries in emerging economies such as China, India, South Korea and Malaysia. China was the dominant producer in the region owing to huge number of reserves in 2013. China was also the largest consumer due to increasing applications in end-use industries. RoW is expected to grow significantly on account of increasing automotive industries. Russia has reserves accounting for about 19%, the U.S. with 13%, Australia with 5.4% and India over 3%. The global rare earth elements market is highly concentrated as few participants contribute for most of the market. Molycorp and Inner Mongolia Baotou Steel Rare Earth Hi-Tech Co. were the largest players in the market together accounted for over 37.5% market share in 2013. Other market players include Indian Rare Earths Ltd, China Rare Earth Holding, Lynas Corporation Limited and Great Western Mineral Group. Hexa Research Inc. Industry Research,Custom Research & Consulting Table of Contents Chapter 1 Executive Summary 1.1 Rare Earth Elements - Industry Summary & Critical Success Factors (CSFs) Chapter 2 Rare Earth Elements Industry Outlook 2.1 Market Segmentation 2.2 Market Size and Growth Prospects 2.3 Rare Earth Elements Market Dynamics 2.4 Key Opportunities Prioritized 2.5 Industry Analysis - Porter's 2.6 Rare Earth Elements - Company Market Share Analysis 2.7 Rare Earth Elements - PESTEL Analysis Browse All Advanced Materials Industry Research Related Reports @ http://www.hexaresearch.com/research-category/advanced-materials-industry/ Chapter 3 Rare Earth Elements Product Outlook 3.1 Cerium 3.2 Dysprosium 3.3 Erbium 3.4 Europium 3.5 Gadolinium 3.6 Holmium 3.7 Lanthanum Chapter 4 Rare Earth Elements Application Outlook 4.1 Magnets 4.2 Catalysts 4.3 Metallurgy 4.4 Polishing 4.5 Glass 4.6 Phosphors 4.7 Ceramics Chapter 5 Rare Earth Elements Regional Outlook 5.1 North America Hexa Research Inc. Industry Research,Custom Research & Consulting 5.2 Europe 5.3 Asia Pacific 5.4 RoW Chapter 6 Competitive Landscape 6.1 Arafura Resources 6.2 Alkane Resources Ltd. 6.3 Avalon Rare Metals Inc. 6.4 Quest Rare Minerals Limited 6.5 China Rare Earth Holdings Limited 6.6 Indian Rare Earths Limited 6.7 Lynas Corporation Limited Chapter 7 Methodology and Scope 7.1 Research Methodology 7.2 Research Scope & Assumption 7.3 List of Data Sources Browse Full Report @ http://www.hexaresearch.com/research-report/rare-earth-elements-industry/ 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 Information: 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/ Visit our Blogs: http://hexaresearch2015.blogspot.com/
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.
© Copyright 2024 Paperzz
