Reports and Data’s latest report, titled “Global Neodymium Market,” thoroughly studies the global Neodymium market to offer accurate market projections such as forecast market size and value, revenue share, and market revenue growth rate. The report is a descriptive summary of the Neodymium business sphere and offers an in-depth study of the key market trends and growth prospects. It identifies the top products and services offered by this industry and analyzes their application scope and end-use industries. The report presents key industry statistics in a tabular format to help readers gain viable insights into the Neodymium industry and its core mechanisms.
Key factors providing impetus to the global materials & chemicals market revenue growth are rapid industrialization worldwide, growing demand for essential consumer goods including packaged foods & beverages, household hygiene products, and personal care & cosmetic products, and increasing applications of raw materials and chemicals in the buildings & construction, food & beverage, pharmaceutical, textile, and agriculture industries. Increasing industrial applications of specialty chemicals, increasing usage of high-performance, organic agrochemicals in the agriculture industry, rising government investments in the materials & chemicals industry, growing environmental concerns among the population, and growing need for environment-friendly and sustainable raw materials and chemicals are other important factors propelling revenue growth of the global materials & chemicals market.
The global materials & chemicals industry involves the production, distribution, sales, and consumption of industrial chemicals, specialty chemicals, commodity (bulk) chemicals, and raw materials such as natural gas, oil, paper & pulp, and metals & minerals. Growth of the global materials & chemicals industry is mainly attributed to fast-paced industrialization and extensive usage of bulk petrochemicals, electronic chemicals, polymers, inorganic chemicals, fertilizers, adhesives, sealants, coatings, and various other products in different industries including oil & gas, pharmaceutical, food & beverage, cosmetics & personal care, textile, manufacturing, petrochemical, and water and wastewater treatment industries. Technological innovations in the electronics and semiconductor industries, rising demand for nanomaterials, and increasing preferences for environmentally sustainable chemicals and materials are other major factors contributing to the global materials & chemicals industry growth.
Top Companies Operating in the Global Neodymium Market:
- Lynas Rare Earth Ltd.
- Arafura Resources
- Metall Rare Earth Limited
- HEFA Rare Earth Canada Co. Ltd.
- Alkane Resources Ltd.
- Neo Performance Materials Inc.
- China Minmetals Rare Earth Co. Ltd.
- GanZhou QianDong Rare Earths Group Co. Ltd.
- Australian Strategic Materials Ltd.
- American Elements
- Noah Technologies Corporation
- Rainbow Rare Earths Limited
- Greenland Minerals
- Avalon Advanced Materials Inc.
Neodymium Market Segmentation
Application Outlook (Revenue, USD Billion; 2019-2030)
- Sintered magnets
- Bonded magnets
- Electric Capacitors
- Laser Crystals
End-use Industry Outlook (Revenue, USD Billion; 2019-2030)
- Consumer Electronics
- Wind Energy
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Major Regions covered in the report:
- North America (U.S.A., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Points Illustrated in the Regional Analysis:
- Regional contribution to the overall market revenue
- Forecast revenue share of each regional market
- Vital information and data related to the production and consumption rates in all the regions
- Factors driving the regional market growth over the forecast period
- Leading products and application segments in each regional market
- Presence of key market competitors in each of these regions
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