China to Continue its Dominance in Global Rare Earth Metals Market

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.

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.

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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For research, we have conducted in-depth interviews and discussions with numerous key industry participants and opinion leaders. Primary research represents the bulk research effort coupled with extensive secondary research. We reviewed key players’ annual reports, product portfolio, press releases, and relevant documents for competitive analyses and better understanding of the market.

Secondary research includes in-depth research on current trends, technical writing, recent trades, internet sources, trade associations, statistical data from government websites and associated authorized agency websites. This has proved to be the most successful, effective, and reliable approach for obtaining concise data, capturing industry participants’ insights and recognizing opportunities and growth.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings. It also includes internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases and market reports. News articles, press releases and web-casts specific to the companies operating in the market also serve as a part of secondary sources.

We conduct primary interviews on an on-going basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills various functions. First-hand information is obtained on the market size, market trends, growth trends, competitive landscape, future outlook, etc. It also helps in validating and strengthening the secondary research findings, and further develops the analysis team’s expertise and market understanding. The primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies.

The report provides a detailed value chain of rare earth metals, and Porter’s five forces analysis to pinpoint the pros and cons of various factors influencing the rare earth metal industry. This helps various market participants such as substitutes, suppliers of raw materials, potential new entrants and buyers in their strategy making process. The report also presents a comprehensive assessment of various drivers and restraints of the rare earth metal market. Segmentation of the market included in this study in detail is as follows:

Rare Earth Metals Market By Type:

• Lanthanum
• Praseodymium
• Cerium
• Neodymium
• Samarium
• Promethium
• Europium
• Dysprosium
• Holmium
• Gadolinium
• Terbium
• Thulium
• Scandium
• Yttrium
• Erbium
• Ytterbium
• Lutetium

Rare Earth Metals Market By Application:

• Magnets
• Catalyst
• Metallurgy
• Ceramics
• Phosphors
• Glass
• Polishing

Rare earth Metals Market By Geography:

• North America
• Europe
• Asia-Pacific
• Rest of the World (RoW)

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