The global market for rare earth elements is expected to reach USD 10.96 billion by 2020. Growing demand for metal catalysts such as Cerium and Lanthanum is expected to drive the market over the next six years.
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http://www.radiantinsights.com/research/rare-earth-elements-market-analysis-and-segment-forecasts-to-2020
These metal catalysts find applications across a host of industries including automobiles, metallurgy, phosphors and glass among others. In addition, growing market for permanent magnets is expected to particularly boost the demand for Neodymium.
ESTÁS LEYENDO
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