ReportsnReports - Rare Earth Elements Markets Worldwide (REE Market Size, Trends, Growth, and Forecast)
By Reportsnreports, PRNEWednesday, June 15, 2011
DALLAS, Texas, June 16, 2011 -
- ReportsnReports Announces it Will Carry Rare Earth Elements
Markets Worldwide Research Report in its Store
Browse the complete Report on
Rare Earth Elements Markets Worldwide
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This research report presents an in-depth analysis of the
production, market, development, applications, and trends for
rare earth elements market (REE). The 17 different rare earth
elements are used extensively in a wide variety of applications to
make technologies lighter, stronger, more efficient, and easier to
use. Product applications run the gamut from the very technical to
the mundane. For example, REEs are used to make super strong
permanent magnets that increase the efficiency of wind generators
while significantly reducing their weight. They are used
extensively in electric vehicles to increase battery capacity and
reduce weight (and they are also essential in producing catalytic
converters for gasoline powered automobiles). REEs are used in
medicine for small, portable X-ray devices as well as lasers that
can treat glaucoma and other conditions. In some instances REE
directly treat some forms of cancer. They make the phosphors that
give color to television sets and LED lighting as well as flints
for cigarette lighters. These are but a few of the many current
uses of rare earth elements and new applications are being
developed on a routine basis, such as for the treatment of water
and for magnetic refrigeration.
Contrary to their name, rare earth elements are no so rare. They
are found in abundance worldwide and are more common than tin in
some cases and almost as abundant as copper. All rare earth
elements are far more abundant that silver or gold. However, to
date only a relatively few deposits have been found with sufficient
REE concentrations to make mining them economical. The United
States produced most of the world’s REE up until about 1985, at
which time China began to become a major supplier. Today, China
produces about 97% of the world’s rare earths. Problems stemming
from this (virtually) single source include supply constraints,
reduced shipments and outright embargos, environmental problems,
and rising prices. Since the 1950’s there was very little
exploration for new REE sources (except in China) but many
countries and mine operators are now actively seeking new REE
deposits and developing existing ones.
This report provides a comprehensive assessment of rare earth
element production, demand, applications, and economic and cost
considerations that have limited production and exploration for new
sources, their growth over the past several years, potential
opportunities for additional growth, and an assessment of
developing technologies, alternatives, and market trends. Projected
REE growth through 2020 is provided including discussion of
economic conditions, environmental impacts, business demand,
stakeholder concerns, and government activities as they affect
growth rates. The report also profiles producers of rare earths and
the strategies they have adopted to maximize growth and
profitability.
Scope and Methodology
This report includes both primary and secondary research.
Secondary research data have been obtained from government sources,
trade association publications, business journals, and company
literature. Statistical data are included for industry revenue, on
a global, regional, and country-level scale. The market size for
rare earths is projected from 2011 to 2020.
Potential applications, development trends, environmental
issues, government behavior, and business considerations are also
reviewed and analyzed. Market size estimates and forecasts are
based on government and secondary sources, and the impact of
factors such as health and environmental concerns, economic
considerations, and business demand for rare earth oxides and
metals.
How You Will Benefit from this
Report
If you drive a car, invest in energy (alternative or otherwise),
design electronic systems, work in healthcare, manufacture lighting
systems, play sports, or analyze satellite photography you are
affected by rare earth elements. Their use in myriad everyday
products affects virtually everyone to one degree or another. The
quest for alternative energy systems, particularly wind generation
systems and battery storage, are highly dependent upon the use
REEs. Space technology, defense systems, computer memory, DVD
players, and other advanced electronics are also reliant on REEs.
Whether you are a manufacturer trying to plan future production
requirements, an electric utility or independent power generator
planning for the use of alternative energy and the Smart Grid, an
importer, exporter, or retailer of consumer electronics, or a small
business that could be impacted by the supply and use of rare earth
elements, this report provides a comprehensive package of
information and insight about rare earth element production,
supply, and future growth that are not offered in any other single
source. You will gain a thorough understanding of why rare earths
are necessary, what technologies are most affected by their use,
and how to make sense of a market dominated by a single source but
looking to diversify at a breathtaking rate. You will also gain a
thorough understanding of technology trends, particularly as they
apply to alternatives to REE. Projected rare earth market growth
through 2020 is also presented.
This report will help:
- Research and Development Professionals remain abreast of
emerging REE concerns, exploration initiatives, product
applications, and the demand and development of REE
alternatives. - Manufacturing production planners, alternative energy
producers, and users of REEs understand where the REE market is
headed, potential supply problems, political and geo-regional
issues, and anticipated future REE costs. This report will provide
an awareness of the REE market to help users react effectively to
projected future market conditions by seeking alternative REE
sources, modifying production processes and product composition,
and projecting future requirements. - Advertising Agencies working with clients who manufacture
products with REE, import or export products containing REE, or
sell products using REEs to more effectively promote, inform, and
market such products when faced with limited REE supplies and
rising costs. - Retailers who sell consumer electronics, computer systems,
sporting equipment, and other durable goods understand the
potential effects on consumer demand should REE supply become
problematic or if prices continue to increase. - Information and Research Center Librarians provide market
researchers, brand and product managers, and other colleagues with
the vital information they need to do their jobs more
effectively. - Marketing Managers identify market opportunities and develop
targeted promotion plans for products made with REEs.
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