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Rare Earth Metals Market 2016: Wind Energy Sector Demand Leads the Industry, Says New Research Report at ReportsnReports.com

September 19, 2013

Global Rare Earth Metals Market 2012-2016 report says market to grow at a CAGR of 13.06% over the period 2012-2016.

Dallas, Texas (PRWEB) September 19, 2013

According to the report “Global Rare Earth Metals Market 2012-2016”, the increase in production capacities is a major trend witnessed in the Global Rare Earth Metals market. As a result of the growing demand for rare earth metals in applications such as manufacturing catalytic converters, magnets for wind energy generators, compact fluorescent lamps, and flat panel displays, large producers of rare earth metals are investing heavily in new production facilities to tap the surge in demand. Moreover, many vendors are increasingly adopting new mining, extraction, and refining technologies which can help them improve their production capabilities and manufacture products for new emerging applications.

The following companies as the key players in the Global Rare Earth Metals Market (http://www.reportsnreports.com/reports/268283-global-rare-earth-metals-market-2012-2016.html): Avalon Rare Metals Inc., China Rare Earth Holdings Ltd., Great Western Minerals Group, Indian Rare Earths Ltd., Inner Mongolia Baotou Steel Rare-Earth Group Hi-Tech Co. Ltd., Lynas Corporation Ltd., Molycorp Inc., Neo Material Technologies Inc., and Showa Denko K.K.

According to the report, one of the major drivers in this market is the increasing use of rare earth metals in the Wind Energy sector. Magnets made of rare earth metals find their usage in large quantities in wind turbine generators. Further, the increase in the demand for electric vehicles is increasing the demand for NiMH batteries. The materials used in these batteries are made of rare earth metals. Thus, the increase in the demand for electric vehicles is contributing to the growing demand for rare earth metals during the forecast period.

Further, the report states that one of the major challenges in this market is the demand and supply gap. As rare earth metals are used in a large number of applications, the demand for them is high. However, as they are obtained through natural resources, their supply is limited. In 2012, the demand for rare earth metals was 145 thousand metric tons and the supply was only 113 thousand metric tons. This deficit will affect the revenues of the Global Rare Earth Metals market.

The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Buy a copy of report @ http://www.reportsnreports.com/purchase.aspx?name=268283.

Key questions answered in this report:

  •     What will the market size be in 2016 and what will be the growth rate?
  •     What are key market trends?
  •     What is driving this market?
  •     What are the challenges to market growth?
  •     Who are the key vendors in this market space?
  •     What are the market opportunities and threats faced by key vendors?
  •     What are the strengths and weaknesses of each of these key vendors?

Table of Contents:

1.    Executive Summary

2.    Scope of the Report

3.    Market Research Methodology

4.    List of Abbreviations

5.    Introduction

6.    Market Landscape

7.    Market Segmentation by Application

8.    Geographical Segmentation

9.    Key Leading Countries

10.    Buying Criteria

11.    Market Growth Drivers

12.    Drivers and their Impact

13.    Market Challenges

14.    Impact of Drivers and Challenges

15.    Market Trends

16.    Trends and their Impact

17.    Vendor Landscape

18.    Key Vendor Analysis

19.    List of Exhibits

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For the original version on PRWeb visit: http://www.prweb.com/releases/rare-earth-metals-market/2016-wind-energy-leads/prweb11140150.htm


Source: prweb