Potential impact of Covid-19 on Neodymium Market Growth and Demand, Concludes Fact.MR

Dublin ,Ireland, 2020-Oct-20 — /EPR Network/ —

As per the recent research report published by Fact.MR, the global Neodymium Market is on course to achieve a highly eye-catching growth. The research report predicts the market is expected to expand at a healthy CAGR of X.XX% over the course of the given period of forecast ranging from 2018 to 2028. The valuation of the global Neodymium Market was around US$X.XX%. Given the rate of development, the new valuation of the market will be around US$XX.XX by the end of the forecast period in 2028. The Fact.MR research provides detailed information about the key segments, driving and restraining factors, geographical outlook, and the present situation of the vendor landscape of the global Neodymium Market.

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The Neodymium Market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period. Key regions covered comprise:

Neodymium Market: Regional Outlook

Majority of rare earth metals, including neodymium, are produced in China. According to the U.S. Geological Survey, China accounts for over 75–80% of the global supply. The wide dependence on China for neodymium will create a state of unrest if the country restricts its international trade. However, being a WTO member, the China Ministry of Commerce announced that the country would not put any limitations on neodymium’s export. On the other hand, China did put an internal limit on the mining of neodymium. Outside China, Australia is the second largest producer of neodymium, followed by the African nation, Burundi. North America, followed by Europe, is expected to be a big market for neodymium, due to the rising demand for electric vehicles in the region. The electronics industry in Japan is booming and thus, the demand for neodymium is expected to rise in the near future. However, China is pegged to remain the largest producer as well as consumer for neodymium.

The evaluation of the competitive landscape in the Neodymium Market covers the profile of the following top players:

Neodymium Market: Market Participants

Some of the market participants identified across the value chain of the global neodymium market include Neo Performance Materials Inc., Lynas Corporation Ltd, GanZhou QianDong Rare Earths Group Co.,Ltd., China Minmetals Rare Earth Co. Ltd., Arafura Resources Ltd. and Alkane Resources Ltd.

The insights for each player will highlight their foundational model as well as their growth strategy.

  • Company profile
  • SWOT analysis
  • Main market information
  • Market share
  • Revenue, pricing and gross margin

To expand the understanding of opportunities in the global Neodymium Market report looks at close quarters into the opportunities and new avenues in following key segments:

Neodymium Market: Segmentation

The neodymium market can be segmented on the basis of application and end use industry.

On the basis of application, the neodymium market has been segmented into,

  • Catalyst
  • Magnet
    • Sintered magnets
    • Bonded magnets
  • Glass
  • Ceramics
  • Lasers
  • Others

On the basis of end use industry, the neodymium market has been segmented into,

  • Consumer electrical and electronics
  • Automotive
  • Energy
  • Medicinal
  • Others

In addition to understanding the demand patterns of various end users, the report on the Neodymium Market also enumerates trends expected to attract investments by other various associated industries.

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The global Neodymium Market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.

What Other insights does the Neodymium Market market report offers?

  • Global Neodymium Market market segmentation in terms of product type, application, and region.
  • In-depth analysis of growth indicators, key players in the Neodymium Market market, and an overview of the market landscape.
  • R&D projects, Collaborations, acquisitions, and product launches of each key market player.
  • Key legislations which will leave a long-lasting impact on market landscape
  • Introduction of advanced technologies, including big data & analytics, artificial intelligence, and social media platforms on the global Neodymium Market

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