Rare Earths Market
Rare Earths Market Scope: Industry Analysis, Market
Size, Growth, Trends Till 2031
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Rare Earths Market Size and Growth
The Rare Earth Elements market is anticipated to reach approximately USD 4.5 billion by 2026, driven by demand in electronics, renewable energy, and automotive sectors. Market conditions are characterized by supply chain constraints and geopolitical tensions, fostering increased investment in domestic production and recycling initiatives to ensure a stable supply. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ China Minmetals Rare Earth
◍ Neo Performance Materials
◍ Alkane Resource
◍ Arafura Resources
◍ Lynas
◍ Avalon Advanced Materials
◍ Canada Rare Earth Corporation
◍ Great Western Minerals Group Ltd
◍ India Rare Earth Ltd
The Rare Earths Market features major players like China Minmetals Rare Earth, Lynas, and Neo Performance Materials, which drive innovations in electronics, automotive, and clean energy. Companies like Arafura and Alkane focus on sustainable extraction, enhancing supply chains. Notable sales revenues: Lynas - $400M; Neo Performance - $350M; Arafura - $30M.
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Market Segmentation
By Application
◍ Lasers and Optical Fibers
◍ Petroleum Refining
◍ Automotive Parts
◍ Computer Monitors
◍ Lighting and Televisions
◍ Other
By Product
◍ Cerium ◍ Lanthanum
◍ Phosphor ◍ Magnet
Neodymium
Dysprosium Oxide
Other
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Market Growth
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$ X Billion USD
