Global Lanthanides market cagr 13.0%

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Lanthanides Market

Lanthanides Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Lanthanides Market Size and Growth

The lanthanides market is experiencing significant growth, driven by demand in electronics, renewable energy, and automotive sectors. The market size is projected to reach approximately $6 billion by 2026, highlighting increased applications in advanced materials and technologies. Current market conditions reveal a competitive landscape with rising investments and innovations.

Companies Covered (Covid 19 Impact Covered)

◍ Johnson Matthey (UK)

◍ W. R. Grace & Co. (USA)

◍ Clariant (Switzerland)

◍ Albemarle (USA)

◍ BASF (USA)

The Lanthanides Market features key players like Johnson Matthey, W. R. Grace, and Albemarle, utilizing lanthanides for catalysts and specialty chemicals. Companies like BASF and DuPont enhance product efficiency and sustainability. Their innovations drive market growth, evidenced by substantial revenues, fostering demand in clean energy and electronics sectors.

◍ INEOS Group Holdings S.A (Switzerland)

◍ DuPont Water Solutions (Spain)

◍ Air Products and Chemicals (USA)

◍ Evonik Industries AG (Germany)

◍ LyondellBasell Industries N.V. (The Netherlands)

Market Segmentation

By Application By Product

Chemical industry

Manufacturing industry

Automobile

Aerospace & Defence

Electronic

Life Science

Medical

Other

◍ Ln(III) Compounds ◍ Ln(II) And Ln(IV) Compounds

Hydrides

Halides

Other

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Market Growth

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$ X Billion USD

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