Transparency Market
Research
Rare Earth Metals Market - Global Industry Analysis,
Applications Size, Share, Growth, Trends and Forecast
2012 – 2018
Published Date
19-03-2013
108 Page Report
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Press Release
China to Continue its Dominance in Global Rare Earth Metals
Market
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Rare Earth Metals Market
REPORT DESCRIPTION
A recent report published by Transparency Market Research studies the global rare earth metals market in
detail. The report examines the market dynamics in terms of volume sales, revenue generated, demand
and supply trends, and competitive landscape. According to the study, as against its value of US$3.93
billion in 2012, the global rare earth metals market is anticipated to reach US$8.19 billion by the end of
2018. If the estimates hold true, the market will exhibit a healthy 13.0% CAGR between 2012 and 2018.
The report is titled “Rare Earth Metals Market - Global Industry Analysis, Applications, Size, Share, Growth,
Trends and Forecast, 2012 - 2018” and is available on the company website for sale.
Over the next three years, the global rare earth metals market is poised to register steady growth. The
market, according to the report, will gain momentum from the escalating demand for rechargeable
batteries, which are mainly used in everyday electronics such as computer memory, fluorescent lighting,
DVDs, car catalytic converters, cell phones, magnets, and other devices. Governments of several nations
across the globe are stressing upon the use of rechargeable batteries to curb carbon emissions, which is
positively impacting the volume sales of rare earth metals around the world. Accelerating demand for
clean energy, therefore, significantly propels demand from the rare earth metals market.
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