World demand for rare earths is forecast to expand 7.1 percent per year
to 180,000 metric tons in 2015. In dollar terms, sales are expected to
more than triple from $3.0 billion in 2010 to $9.2 billion in 2015.
Consumption will be driven by increases in battery alloy, electronic
product, motor vehicle and permanent magnet output. Market growth is
expected to accelerate substantially from the 2005-2010 period, when
demand in most nations was negatively impacted by sharp and unexpected
reductions in Chinese export quotas which led to an exponential rise in
rare earths prices. The report provides historical demand data (2000, 2005, 2010) plus
forecasts for 2015 and 2020 by type and market for the world, six
regions and 14 countries. Seven major commercial types of rare earths
are broken out, as well as seven major markets. The study also assesses
market environment factors, examines company market share and profiles
global industry competitors.