# Rare Earth Metals Market worth 192,000 Tons by 2018

- Link: https://greenlivingguy.com/2019/03/rare-earth-metals-market-worth-192000-tons-by-2018/
- Published: 2019-03-08T22:13:15-05:00
- Author: greenlivingguy

[PRNewswire](https://media.prnewswire.com/oberr.cgi?status%3D500%20errmsg%3DErrNoAuthentScheme)/—
The report “Rare Earth Metals Market by Type (Lanthanum, Cerium, Neodymium, Praseodymium,
Samarium, Europium, & Others). In addition Application (Magnets, Metals Alloys, 
Polishing, Additives, Catalysts, Phosphors, & Others) – Global Trends & Forecast
to 2018. It’s defining and segmenting the global rare earth metal market. All with
analysis and forecasting of the global volume and revenue. So the rare earth metals
market demand grew at a CAGR of 9% from 2013 to 2018 reaching 192,000 tons.

#### Most noteworthy folks, rare earth minerals are widely used in things we use every day. Such as tablets, devices and cell phones.

As reported before, Americans educated on the benefits of recycling bottles, cans
and paper. However the same can’t be said of electronic devices. Proliferating new
cell phones and tablets has led to a growing glut of “e-waste” piling up in people’s
homes, as well as a lack of understanding about what to do with broken, unwanted
or outdated devices.

According to a survey released by ecoATM, ([www.ecoatm.com](https://www2.ecoatm.com/)),
the nationwide network of automated electronics recycling kiosks, 57 percent of 
American device owners have idle cell phones in their homes, yet only 22 percent
state they have before recycled cell phones they no longer use.

“Electronic waste is the fastest growing segment of our waste stream, and it’s a
problem that’s only getting worse as more and more new phones and tablets are coming
to market each year,” said Mark Bowles, founder and Chief Marketing Officer of [ecoATM](https://greenlivingguy.com/2020/04/ecoatm-story-on-answers-com/).

Browse 103 market data tables, 31 figures spread through 228 pages and in-depth 
TOC on “Rare Earth Metals Market – Global Trends & Forecast to 2018”

[http://www.marketsandmarkets.com/Market-Reports/rare-earth-metals-market-121495310.html](https://www.marketsandmarkets.com/Market-Reports/rare-earth-metals-market-121495310.html)

The Rare Earth Metals Market driven by factors such as high demand in the current
and emerging applications, increasing demand of clean energy, and initiatives taken
by governments and associations.

#### The rising demand for clean technology is also a driving reason for the rare earth metals market.

The overdependence on conventional forms of energy has led to increased demands 
for alternative sources of energy. This is likely to help grow the rare earth metals
market as these from key components for relevant green applications. The factors
affecting the growth of this market are the fluctuating costs of the rare earth 
materials and dominance of China in the rare earth metals market.

Cerium oxide used in almost all the applications in significant quantities. Hence,
it holds the largest market share among the rare earth metals. That’s with almost
40% of the total demand in 2013 alone. After cerium oxide, lanthanum oxide captured
a greatest share of around 23.8% in 2013. Also, Lanthanum oxide is widely used in
almost all industries. Tech like green technology and automotive. Also general industries
such as electronics, constructions, and others.

So the report forecasts volume and revenue of the global rare earth metals market.
They do this with respect to main regions. Such as North America, Europe, Asia-Pacific,
and Rest of the World. Therefore, major countries such as China, U.S., Canada, Brazil,
and others analyzed.

The report segments the global earth metals market by type, application, and geography.
It also focuses on market share analysis and market metrics such as drivers, restraints,
and opportunities. Top and local players in the global rare earth metals market 
identified and profiled.

#### Permanent Magnet Market, By Types (NdFeB, Ferrite, SmCo, Alnico), End User Industry (Consumer Electronics, General Industrial, Automotive, Medical Technology, Environment & Energy, Aerospace & Defense, Others) & Geography – Trends & Forecast To 2018

[http://www.marketsandmarkets.com/Market-Reports/permanent-magnet-market-806.html](https://www.marketsandmarkets.com/Market-Reports/permanent-magnet-market-806.html)

Thin Film Material Market, By Type (CdTe, CIGS, a-Si, Others), End-User Industry[
Photovoltaic Solar Cells, MEMS, Semiconductors and Electrical (Circuit Boards), 
Optical Coating, Others], and Deposition Processes – Global Trends & Forecast to
2018

[http://www.marketsandmarkets.com/Market-Reports/thin-film-material-market-232915487.html](https://www.marketsandmarkets.com/Market-Reports/thin-film-material-market-232915487.html)

Source: [MarketsandMarkets](https://www.marketsandmarkets.com/) and [ecoATM](https://www2.ecoatm.com/)

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 greenlivingguy

 The Green Living Guy, Seth Leitman is an independent power producer, a green living
expert, and Editor of the McGraw-Hill, TAB Green Guru Guides. Seth is also an Author,
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