Rare Earth Metals Market Analysis By Transparency Market Research

Increasing applications in permanent magnets, rechargeable batteries and catalysts for reducing pollution, electronics, portable equipments and computers are expected to drive rare earth metals demand over the next five years.

Key application segments analyzed in this study include magnets, catalysts, metallurgy, ceramics, phosphors, and glass and polishing. Magnets and metallurgy applications dominated the rare earth metals consumption, together accounting for 40.9% of the total consumption in 2011. This study provides a comprehensive analysis of seventeen key rare earth metals including lanthanum, praseodymium, cerium, neodymium, samarium, promethium, europium, dysprosium, holmium, gadolinium, terbium, thulium, scandium, yttrium erbium, ytterbium, and lutetium. Cerium, lanthanum and neodymium are the most widely consumed rare earth metals and together accounted for 82.9% of the total volumes consumed in 2011.
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The demand for praseodymium, neodymium, and dysprosium is primarily driven by the increasing demand for permanent magnets and rechargeable batteries. Europium, yttrium and terbium are extensively used in phosphors for a host of applications in the electronic industry.
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Asia Pacific dominated the global market, accounting for 79.5% of global volumes in 2011, followed by North America and Europe. China was the largest regional market for rare earth metals in Asia, accounting for over 50% of total volumes in 2011, both in terms of consumption as well as production. Regional demand for magnets and the growing metallurgy industry are expected to drive the Asia Pacific market in the near future.
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The rare earth metals market report by Transparency Market Research provides comprehensive analysis of the rare earth metals industry in the context of the global market. This study analyzes and interprets key market dynamics for rare earth metals including drivers, restraints, and opportunities. This report segments the market on regional, product and application level as well as provides the estimates and forecasts for each sub segment. The study provides in-depth analysis of rare earth metals market from demand perspective, along with market estimates and forecast from 2012 to 2018, in terms of both volumes and revenues.

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Key rare earth metal products analyzed in this study include lanthanum, praseodymium, cerium, neodymium, samarium, promethium, europium, dysprosium, holmium, gadolinium, terbium, thulium, scandium, yttrium erbium, ytterbium, and lutetium. Cerium dominates the global market, in terms of consumption; this domination is expected to continue over the next five years. Key cerium applications include rechargeable batteries, auto catalysts and in the fluid cracking catalyst industry. Other leading rare earth metals, in terms of consumption, include lanthanum and neodymium, primarily used in permanent magnets and rechargeable batteries.
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Metallurgy, magnets, phosphors, and catalysts are major application markets for rare earth metals. Presently, magnets are the major application segment in terms of revenue and consumption. However metallurgy is the fastest growing application segment.
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North America, Asia Pacific, Europe and Rest of the world (RoW) are the major regional markets covered in this study. Each of these regions have been further segmented on the basis of type of rare earth metals and thorough analysis of each type of metal in terms of revenue and volume in 2011 and forecast until 2018 has been included in the report. Comprehensive competitive landscape including company market share analysis and detailed profiles of key participants such as Inner Mongolia Baotou Steel Rare Earth Hi-Tech Co, Great Western Minerals Group, China Rare Earth Holdings, Indian Rare Earths, Lynas Corporation Ltd. and Molycorp have been included in this study.
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Array Instrument Market Analysis By Transparency Market Research

This report is an effort to identify factors, which will be the driving force behind the array market and sub-markets in the next few years. The report provides extensive analysis of the industry, current market trends, industry drivers and challenges for better understanding of the market structure. The report has segregated the array industry in terms of product, application and geography.

Browse the full report at http://www.transparencymarketresearch.com/global-array-market.html

 

We have used a combination of primary and secondary research to arrive at the market estimates, market shares and trends. We have adopted bottom up model to derive market size of the global array market and further validated numbers with the key market participants and C-level executives. This report highlights the industry with the following points:

  • Definition, estimates & forecast of array product market from 2011 to 2017
  • Analysis of product segments for array product market with historical data and forecast
  • Trends and forecast for four geographic markets, namely U.S., Europe, Asia-Pacific and RoW based on segments of array product market
  • Profiles of major market participants for better understanding of their contributions
 Transparency Market Research
This research is specially designed to estimate and analyze the demand and performance of array instruments in a global scenario. The research provides in-depth analysis of array product manufacturers, product sales, trend analysis by segments and demand by geography. The report covers all the major product segments of the global array market and provides historical data and statistically refined forecast for the segments covered.
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Technological advancement and sophisticated approach in health care operations are the major factors contributing the development of array instruments market. Some of the major factors affecting the global array market include increasing number of chronic diseases, innovation in health care operations, cost effective drugs development, and requirement of reduced clinical trials failure in drug development and support from the government to improve overall health infrastructure facilities.
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DNA micro array represents the largest market segment at USD 861.8 million in 2011 of the overall array market, followed by the protein array technology. DNA array technology is expected to grow at a CAGR of 12.1% from 2011 to 2017. In 2011, the current market share of protein array was about 31.7% and which is expected to capture 37.2% of the market share in 2017.
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Current array market is dominated by the U.S and Europe at 40.1% and 33.2% market share respectively. Asia Pacific market is growing at the highest growth rate because of high demand from emerging countries like India and China. Asia holds the market share of 21% in array market and generated the revenue of USD 307.8 million in year 2011.
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