RnRMarketResearch.com offers China Rare Earth Industry Report, 2013-2016; Research Report on Rare Earth (RE) Industry in China, 2014-2018; and Market Research Report on Global and Chinese Rare earth Industry, 2009-2019 in its store. At present, rare earth resources have been discovered in about 35 countries and regions around the world, with total reserves of 140 million tons, of which 39.3 percent are owned by China. As China is rich in rare earth resources and has made strenuous efforts in mining, over 90 percent of global rare earth output comes from China. However, affected by the government’s control on exploration of rare earths, the output of rare earth in China has been continuing to decline in recent years, to 83,400 tons in 2013, down 16.6 percent from a year ago.
The China Rare Earth Industry Report, 2013-2016 says China is not only a large producer of rare earth but a big consumer, with consumption in 2013 approximating 79,000 tons. Among all application fields, magnetic materials made the largest contribution, accounting for 45 percent or so. Besides satisfying domestic demand, China’s rare earth and its products are also exported to the US, Japan, South Korea and Hong Kong, with export volume of rare earth products reaching about 22,500 tons in 2013, surging by 38 percent from the previous year. However, hit by sluggish domestic and foreign demands, the price for rare earth has been falling, resulting in a year-on-year decline of 37 percent in export value of Chinese rare earth products in 2013.
The Research Report on Rare Earth (RE) Industry in China, 2014-2018 says China’s reserves of rare earth once took 71.1 percent of the global reserves while the percentage declined to 23 percent in 2012. However, more than 80 percent of the global RE is supplied by China. The gross export quota of rare earth set by Ministry of Commerce of China for domestic enterprises declined from 50,000 tons in 2005 to 34,000 tons in 2008. It continues the downward trend and fell to approximately 21,590 tons in 2014. Decrease in the export quota results in increasing amount of smuggling. It is estimated that the annual export volume of rare earth will exceed 20,000 tons in China. The annual production capacity of RE separation enterprises exceeds 0.3 million tons in China while the annual demand is lower than 0.15 million tons, of which 0.1 million tons is from domestic market. The global consumption of rare earth is estimated to reach 0.3 million tons in 2020 due to rapid development of the high tech industry. The production volume of rare earth magnet, luminescent materials, hydrogen storage materials and polishing materials in China ranks the first in the world. Meanwhile, the rare earth industry is expected to grow as demand of downstream consumers increases.
The Market Research Report on Global and Chinese Rare earth Industry, 2009-2019 is spread across 150 pages and delivery of the report will take 2 to 3 working days once order is placed. This is a professional and in-depth market survey on Global and Chinese Rare earth industry. The report firstly reviews the basic information of Rare earth including its classification, application and manufacturing technology; The report then explores global and China’s top manufacturers of Rare earth listing their product specification, capacity, Production value, and market share etc.; The report further analyzes quantitatively 2009-2014 global and China’s total market of Rare earth by calculation of main economic parameters of each company; The breakdown data of Rare earth market are presented by company, by country, and by application; The report also estimates 2014-2019 market development of Rare earth Industry. The report then analyzes the upstream raw materials, downstream clients, and current market dynamics of Rare earth Industry. In the end, the report makes some proposals for a new project of Rare earth Industry and a new project of Rare earth Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2009-2014 global and China Rare earth industry covering all important parameters.
In recent years, rare earth industry has been seriously jeopardized by weak international and domestic economies, falling rare earth price and China’s restriction on exploitation and export quota. In response to undesirable market changes, most of companies in the industry have started to improve the industrial chain of rare earth. Among them, China Minmetals Rare Earth Co., Ltd. set about expanding capacity of magnetic material which embraces good market prospects; Taiyuan Twin-Tower Aluminum Oxide Co., Ltd. started to expand to upstream so as to increase raw material supplies; China Nonferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd. and Rising Nonferrous Metals Share Co., Ltd. stepped up exploitation and reserves of rare-earth mines.
Explore more reports on the rare earth metals market at http://www.rnrmarketresearch.com/reports/materials-chemicals/metals/rare-earth-metals .