MarketResearchReports.Biz has announced addition of new report "Global Rare Earth Metals Market 2015-2019" to its database.
About rare earth metals
Rare earth metals have unique physical and chemical properties, which make them suitable to alloy with other metals for use in applications that require enhanced magnetic strength, high temperature resistance, and other properties. They are widely used in the manufacture of magnets for wind turbine generators and for the electrodes in metal hydride batteries. These metals are also used in various applications pertaining to catalytic converters, fluorescent lighting, and memory storage. Increased demand for high performance materials from automotive and renewable energy applications coupled with an expanding supplier base is driving the growth of this market.
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Technavio's analysts forecast the global rare earth metals market to grow at a CAGR of 10.19% by demand volume over the period 2014-2019.
Covered in this report
Technavios report, Global Rare Earth Metals Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion of the market, an extensive coverage on different types of application segments, elements, and demand-supply dynamics in various geographies. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The report further includes a discussion of the key vendors operating in this market.
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The report presents data on the following segments of the market:
Applications: permanent magnets, battery alloys, catalysts, polishing powder, phosphors, glass additives, ceramics, and others
Elements: Light rare earth metals and heavy rare earth metals
Geography: China, Rest of Asia, US, and others
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