The rare earth metals recycling market was valued at USD 248 Mn in 2021. The market is projected to grow USD 421 Mn in 2030, at a CAGR of 11.6%. Rare earth elements, or REEs, are a collection of seventeen elements from the periodic table, fifteen of which are lanthanides, as well as yttrium and scandium. Although their names imply that they are uncommon, this is not the case. Some of these elements are plentiful, but their concentrations inside the ore are extremely low, earning them the moniker "rare earth elements." Rare earth elements are widely used in a variety of applications, from everyday consumer items to super-strong magnets used in wind energy generating and nuclear reactor shielding. Yttrium, scandium, lanthanum, cerium, and neodymium are some of the most extensively used rare earth elements. Several of these components have the potential to be recycled.
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The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future.
The Rare Earth Metals Recycling Market report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. The report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Rare Earth Metals Recycling Market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research.
The report provides a comprehensive analysis of company profiles listed below:
ams-OSRAM International GmbH
Solvay
Clean Earth
Global Tungsten & Powders Corp.
Hitachi Metals, Ltd.
REEcycle Inc.
RockLink GmbH
Noveon
ENERGY FUELS INC.
Umicore
Lynas Rare Earths Ltd
Nth Cycle Inc.
Geomega Resources
Others
Type Analysis of World Wide Rare Earth Metals Recycling Market:
FCC
Fluorescent lamps
Coal
Batteries
Industrial process
Others
Segmentation of global Rare Earth Metals Recycling Market by Application:
Alloy
Catalyst
Magnet
Glass
Ceramics
Others
Global Rare Earth Metals Recycling Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
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Various factors are responsible for the market’s growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Rare Earth Metals Recycling market. This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast considering the macro and micro environmental factors. It also gauges the bargaining power of suppliers and carters, threat from new entrants and product substitutes, and the degree of competition prevailing in the market.
The report helps in providing a wider introduction to the market and also helps in dealing with the detailed methodology of research for the calculation of the size and forecasts of the market. The sources of secondary data are used and the primary inputs are taken for the validation of data. This section also helps in the outlines the several segments that have also been covered as being a part of the report. Additionally, the Research Methodology reviews tend of providing the calculation for determining the inclinations of the global market.
