The global Neodymium market research report published by Reports and Data is a comprehensive assessment of the Neodymium industry with regards to top companies in the market, market share, market size, regional bifurcation, and segments and sub-segments of the market. The report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry. The report discusses in detail the key factors expected to drive and restrain market growth over the forecast period. Each chapter of the report has been formulated through extensive primary and secondary research to offer valuable and actionable insights of the global Neodymium market.
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.
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The Materials and Chemicals sector encompasses a wide range of commodity-related manufacturing industries. Included in this sector are companies that manufacture chemicals, construction materials, glass, paper, forest products and related packaging products, and metals, minerals and mining companies, including producers of steel. Materials and chemicals are used across various end-use industries such as medical & pharmaceutical, food technology, manufacturing, among others. Increasing consumer awareness regarding energy-efficiency and growing need to reduce carbon emissions have prompted industry layers to produce goods in a manner that it has least impact on the environment.
Ongoing research and development activities to expand the application scope of materials and chemicals is a key driving factor for the industry growth. New product launches, technological advancements, rising demand for range of perfumes and soaps for daily use, and increasing automation in the industry have positively impacted industry expansion. The market growth is also driven by rising level of disposable income, preference shift, and recent collaborations in the market. Strong product demand across the packaging industry, food & beverage industry, oil & gas industry, personal care industry and increasing consumer inclination towards advanced sustainable products will foster the global market size in the coming years.
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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