Rare Earth Compounds Market
Rare Earth Compounds Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Rare Earth Compounds Market Size and Growth
The Rare Earth Compounds market is projected to grow significantly, driven by increasing demand in electronics, renewable energy, and defense sectors. The market size is estimated to reach approximately $8.1 billion by 2025, reflecting a CAGR of 9%. Supply chain challenges and geopolitical factors influence pricing and availability.
Companies Covered
(Covid 19 Impact Covered)
◍ China Minmetals Corporation
◍ Ganzhou Rare Earth Group
◍ Great Western Minerals Group
◍ Peak Resources
◍ Greenland Minerals & Energy
◍ Iluka Resources
◍ Tantalus Rare Earths
◍ Ucore Rare Metals
◍ International Ferro Metals
◍ Lynas Corporation
◍ Molybdenum Corporation of America
◍ Arafura Resources
◍ Avalon Rare Metals
◍ Molycorp Metals and Alloys
◍ Northern Minerals
◍ Orbite Aluminae
◍ Aluminum Corporation of China
The Rare Earth Compounds Market is highly competitive with key players like Lynas Corporation and China Minmetals driving growth through mining and refining activities. These companies enhance supply chains and innovate applications, contributing to market expansion. Notable revenues include Lynas (~$89 million) and Iluka (~$448 million) in recent reports.
◍ Shin-Etsu Chemical
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Market Segmentation
By Application
Catalysts ◍ Ceramics ◍ Phosphors
◍ Metal Alloys ◍ Magnets
By Product
◍ Cerium
Neodymium
Lanthanum
Dysprosium
Terbium
Yttrium
Other
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Market Growth
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$ X Billion USD
