Rare Earth Metals Market to Record Significant Revenue Growth During the Forecast Period 2022-2028
Stratview Research has published a report on the Rare Earth Metals Market based on information acquired from reliable sources, qualitative and quantitative research by experts, and insights from industry veterans and key players across the value chain. The report provides a thorough analysis of present and upcoming market trends, market dynamics, factors affecting the industry, and growth strategies. This report also provides an in-depth analysis of the impact of the COVID-19 pandemic on the market.
Market Insights
The rare earth metals market size was estimated at USD 5.2 Billion in 2021 and is likely to grow at a CAGR of 12.4% during 2022-2028 to reach USD 11.78 Billion in 2028.
What is Rare Earth Metal?
Rare earth metals are a group of elements found in the earth's crust with similar physical and chemical properties. These extracted elements can be processed in their ore forms and fall into both hard and light categories. Praseodymium and Samarium are light metals that are more easily found as compared to heavy metals like terbium, holmium, gadolinium, europium, thulium, dysprosium, and ytterbium, etc.
Linchpins in the Rare Earth Metals Market
After a thorough investigation of the market and its players, market experts have listed some key players in the report. Here is the list -
- 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
- India Rare Earth Ltd.
Competitive Analysis:
Understanding the strategies of rivalry is critical and Stratview Research does this for its users. This report includes an analysis of the key competitors, the products/services, the differentiators, and market shares, etc.
Customization of the Report:
This report can be customized to meet the user’s requirements. Stratview research offers custom research services across the sectors.
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