Market Highlights: Rare metals play important role In the economic growth of the country as they are used in the production of electronics, communication networks, and military weapons. China holds the largest market share as a supplier of rare metals accounts for over 60% of the global market share. Total 17 rare metals are listed in the periodic table which is found In earth crust which has numerous application across industries such as defense, nuclear energy, and others. The market study is being classified by Type (Cerium, Dysprosium, Erbium, Europium, Gadolinium, Holmium, Lanthanum, Lutetium, Neodymium and Others), by Application (Magnets, Colorants, Alloys, Optical Instruments, Catalysts and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Rare Metals are Luka Resources Limited (Australia), Lynas Corporation, Ltd. (Australia), Greenland Minerals and Energy (Greenland), Alkane Resources Ltd. (Australia), Canada Rare Earth Corporation (Canada), China Minmetals Rare Earth Co., Ltd (China), Ucore Rare Metals Great Western Minerals Group (Canada), Vale SA (Brazil), Avalon Rare Metals (Canada), Quest Rare Metals (Canada) and Frontier Rare Earths / Kores (South Africa).
China is leading exporter of rare metals, in recent years China in order to benefit its own economy reduces the supply of these metals to other countries.
Key Questions Answered in the Report What will the Rare Metals Market size and the growth rate be in Future? What are the key factors driving the Rare Metals Market? What are the key market trends and macro-economic impacting the growth of the Rare Metals Market? What are the challenges to market growth? Who are the key vendors in the Rare Metals Market? What are the market opportunities and threats faced by the vendors in the Rare Metals Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the Rare Metals Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Rare Metals market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Rare Metals market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Automotive Industry, Defense, Market Research Firm, Technology Providers, Government and Other Private Recherch Organisations and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.