【English Market Research Report】Global Market for Rare Earth Metals
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The global rare earth metal market was valued at 3.85 billion USD in 2022, with a projected CAGR of 11.23% during the forecast period (2024-2031), growing from 4.28 billion USD in 2023 to 10.03 billion USD by 2031. Rare earth elements (rare earth metals) are a group of elements with similar physical and chemical properties found in the Earth's crust. They are extracted from both heavy and light metals and processed in the form of ores. Rare earth metals are applied in various technologies such as telescope lenses, studio lighting, speakers, and computer hard drives because they can condense and enhance efficiency. Additionally, due to their ability to produce a variety of colors, they are also commonly used in displays and screens.
- Company：グローバルインフォメーション
- Price：500,000 yen-1 million yen
