Product Code: ETC008744 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The rare earth and products market in India is estimated to witness a CAGR of 5.2% during the forecast period, 2020-2026. The increasing demand for renewable energy sources, rising consumer electronics industry and growing automotive sector are expected to drive the growth of the market in India.
? Increasing Demand for Renewable Energy Sources: The increasing awareness about climate change has prompted governments across the world to shift their focus towards renewable energy sources such as wind turbines and solar panels; thereby driving demand for rare earths used in manufacturing these components. This factor is projected to boost growth of the Indian rare earth & products market during this analysis timeframe.
? Rising Consumer Electronics Industry: Growing urbanization, improving lifestyle standards and rising disposable income have increased customer spending on consumer electronic goods like tablets, computers etc., over recent years; thus propelling demand for neodymium magnets used extensively in data storage devices along with other technological appliances which use rare earths as raw material.. Hence, this factor is anticipated to propel growth of the Indian Rare Earth & Products Market during 2020-2026.
? High Cost Associated with Mining Activities: Despite having vast reserves of several valuable metals including tantalum, uranium oxide and hydroxyapatite; high cost associated with mining activities may hamper overall production rates globally thereby limiting availability of raw materials required by end user industries further impacting market growth rate negatively over coming few years .
? Use Of 3D Printing Technology In Automotive Sector : Increasing application scope for 3D printing technology particularly among automobile companies due to its cost effectiveness compared traditional fabrication techniques coupled with growing investment activities from leading players operating across automotive domain are some major factors propelling adoption rate that will further spur revenue share over coming timeline .
Some key companies operating within India Rare Earth & Products Market include Monazite Processing Plant (MPP), Hindustan Copper Ltd (HCL), Atomic Minerals Directorate For Exploration And Research (AMDER) , Karnataka State Mineral Corporation Limited (KSMCL), Rajasthan State Mines And Minerals Limited( RSMML) , Electrosteel Castings Ltd.(ECL)
The Covid ? 19 pandemic has drastically impacted global economy resulting into disruption supply chain system partially due suspended transportation facilities worldwide that adversely affected production rates leading manufacturers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Rare Earth & Products Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Rare Earth & Products Market Revenues & Volume, 2020 & 2030F |
3.3 India Rare Earth & Products Market - Industry Life Cycle |
3.4 India Rare Earth & Products Market - Porter's Five Forces |
3.5 India Rare Earth & Products Market Revenues & Volume Share, By Product Types, 2020 & 2030F |
3.6 India Rare Earth & Products Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 India Rare Earth & Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Rare Earth & Products Market Trends |
6 India Rare Earth & Products Market, By Types |
6.1 India Rare Earth & Products Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 India Rare Earth & Products Market Revenues & Volume, By Product Types, 2020-2030F |
6.1.3 India Rare Earth & Products Market Revenues & Volume, By Cerium, 2020-2030F |
6.1.4 India Rare Earth & Products Market Revenues & Volume, By Dysprosium, 2020-2030F |
6.1.5 India Rare Earth & Products Market Revenues & Volume, By Erbium, 2020-2030F |
6.1.6 India Rare Earth & Products Market Revenues & Volume, By Europium, 2020-2030F |
6.1.7 India Rare Earth & Products Market Revenues & Volume, By Gadolinium, 2020-2030F |
6.1.8 India Rare Earth & Products Market Revenues & Volume, By Holmium, 2020-2030F |
6.1.9 India Rare Earth & Products Market Revenues & Volume, By Others, 2020-2030F |
6.1.10 India Rare Earth & Products Market Revenues & Volume, By Others, 2020-2030F |
6.2 India Rare Earth & Products Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Rare Earth & Products Market Revenues & Volume, By Magnets, 2020-2030F |
6.2.3 India Rare Earth & Products Market Revenues & Volume, By Catalysts, 2020-2030F |
6.2.4 India Rare Earth & Products Market Revenues & Volume, By Metallurgy, 2020-2030F |
6.2.5 India Rare Earth & Products Market Revenues & Volume, By Polishing, 2020-2030F |
6.2.6 India Rare Earth & Products Market Revenues & Volume, By Glass, 2020-2030F |
6.2.7 India Rare Earth & Products Market Revenues & Volume, By Phosphors, 2020-2030F |
6.2.8 India Rare Earth & Products Market Revenues & Volume, By Others, 2020-2030F |
6.2.9 India Rare Earth & Products Market Revenues & Volume, By Others, 2020-2030F |
7 India Rare Earth & Products Market Import-Export Trade Statistics |
7.1 India Rare Earth & Products Market Export to Major Countries |
7.2 India Rare Earth & Products Market Imports from Major Countries |
8 India Rare Earth & Products Market Key Performance Indicators |
9 India Rare Earth & Products Market - Opportunity Assessment |
9.1 India Rare Earth & Products Market Opportunity Assessment, By Product Types, 2020 & 2030F |
9.2 India Rare Earth & Products Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 India Rare Earth & Products Market - Competitive Landscape |
10.1 India Rare Earth & Products Market Revenue Share, By Companies, 2023 |
10.2 India Rare Earth & Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |