This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Global Rare Earth Metals Market Is Expected To Reach USD 8.19 Billion By 2018: Transparency Market Research

ALBANY, New York, March 19, 2013 /PRNewswire/ --

Transparency Market Research ( http://www.transparencymarketresearch.com) has released a new market report titled " Rare Earth Metals (Lanthanum, Cerium, Neodymium, Europium, Yttrium, Scandium, Terbium & Other Key Elements) Market - Global Industry Analysis, Applications (Magnets, Catalysts, Metallurgy, Phosphors, Ceramics & Others), Size, Share, Growth, Trends and Forecast, 2012 - 2018," which observes that the rare earth metals demand was worth USD 3.93 billion in 2012 and is expected to reach USD 8.19 billion by 2018, growing at a CAGR of 13.0% from 2012 to 2018. In terms of volumes, global rare earth metals demand is expected to cross 290 kilo tons by 2018.

Browse the full report at http://www.transparencymarketresearch.com/rare-earths.html

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. 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.

Related & Recently Published Reports by Transparency Market Research

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,010.68 -115.44 -0.64%
S&P 500 2,107.39 -13.40 -0.63%
NASDAQ 5,070.0260 -27.95 -0.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs