Rare Earth Element Market is anticipated to reach US$ 16.90 Bn. by 2030 from US$ 7.50 Bn. in 2023 at a CAGR of 12.3 % during a forecast period.

Rare Earth Element Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Rare Earth Element Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Rare Earth Element Market.

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Rare Earth Element Market Scope and Methodology:

The Rare Earth Element Market requires a mix of both qualitative and quantitative research methods. Rare Earth Element Market information is gathered through different research methods including expert advice, primary and secondary research, both qualitative and quantitative. Primary research gathers important data from interviews, surveys, questionnaires, and input from industry experts, customers and other sources either in person or over the phone.

The report provides in-depth analysis on different strategies used by leading companies, such as partnerships, mergers, acquisitions, and collaborations. The report conducted a SWOT analysis to evaluate the company's market position through identifying its strengths, weaknesses, opportunities, and threats. Analytical techniques, such as examining investment returns, conducting a feasibility study, and using Porter's five forces analysis, were employed to assess the Rare Earth Element market. The bottom-up approach was used to determine the global and regional Rare Earth Element market sizes.

Rare Earth Element Market Regional Insights:

The Rare Earth Element Market report is segmented into various key countries. Countries such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries), South America (Brazil), and the Middle East and Africa.

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Rare Earth Element Market Segmentation:

 by Metal

Lanthanum
Cerium
Neodymium
Praseodymium
Samarium
Europium

In 2023, cerium accounted for xx% of the total volume, making it the most popular element. The demand for rare earths is anticipated to increase during the projected period due to the growing popularity of hybrid automobiles. The volume of praseodymium is anticipated to increase at a CAGR of 6.4% between 2024 and 2030. In aviation engines, it is utilized as an alloying agent with magnesium to create high-strength metals. The demand for flights rises in tandem with the number of travelers from around the globe. In February 2017, General Electric subsidiary GE Aviation pledged USD 12.3 billion to expand its capability for producing airplane engines. During the projection period, this is anticipated to increase demand for praseodymium.


by Application

Permanent Magnets
Metals Alloys
Polishing
Additives
Catalysts
Phosphors

Rare Earth Element 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.

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Key questions answered in the Rare Earth Element Market are:

  • What is Rare Earth Element ?
  • What is the growth rate of the Rare Earth Element Market?
  • Which are the factors expected to drive the Rare Earth Element Market growth?
  • What are the upcoming opportunities and trends for the Rare Earth Element Market?
  • Who are the leading companies and what are their portfolios in Rare Earth Element Market? 
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Rare Earth Element Market?
  • Who are the key players in the Rare Earth Element Market?
  • What are the different segments of the Rare Earth Element Market?
  • Which is the fastest growing region in the Rare Earth Element Market?
  • What growth strategies are the players considering to increase their presence in Rare Earth Element ?
  • What is the CAGR at which the Rare Earth Element Market will grow during the forecast period?
  • What segments are covered in the Rare Earth Element Market?

To learn more about the findings of this research, please check:https://www.maximizemarketresearch.com/market-report/rare-earth-elements-market/99093/ 

Key Offerings:

  • Past Market Size and Competitive Landscape 
  • Past Pricing and price curve by region
  • Market Size, Share, Size & Forecast by different segment 
  • 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 

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