Dublin, April 26, 2021 (GLOBE NEWSWIRE) -- The 'Global Rare-Earth Metals Market by Type (Lanthanum, Cerium, Neodymium, Praseodymium, Samarium, Europium, Others), Application (Permanent Magnets, Metals Alloys, Polishing, Additives, Catalysts, Phosphors), and Region - Forecast to 2026' report has been added to ResearchAndMarkets.com's offering.
Definition of cerium: a metallic chemical element that is the most abundant of the rare-earth group and is a chief component of misch metal — see Chemical Elements Table Examples of cerium in a Sentence. Cerium(IV) oxide, also known as ceric oxide, ceric dioxide, ceria, cerium oxide or cerium dioxide, is an oxide of the rare-earth metal cerium.It is a pale yellow-white powder with the chemical formula CeO 2.It is an important commercial product and an intermediate in the purification of the element from the ores. Cerium is a rare earth metal and the most abundant member of the lanthanide series discovered by Jons J. Berzelius and W. Von Hisinger in 1803 in Sweden. Berzelius and Hisinger discovered the new element in a rare reddish-brown mineral now known as cerite, a cerium–lanthanide silicate. Cerium Oxide Polishing Compound use for polishing and removal of fine scratches and scuff marks in glass and mirror. Use Cerium Oxide with Felt Polishing Wheel to remove scratches and scuff marks in glass and mirror. Mix with water into a paste to create fast acting scratch remover.
The global rare-earth metals market is projected to grow from USD 5.3 billion in 2021 to USD 9.6 billion by 2026, at a CAGR of 12.33% during the forecast period.
The global rare-earth metals market comprises major manufacturers, such as are Lynas Corporation (Australia), Alkane Resources ltd (Australia), Arafura Resources Ltd (Australia), China Minmetals Rare Earth Co Ltd (China), Avalon Advanced Materials, Inc (Canada), Iluka Resource Ltd (Australia), Canada Rare Earth Corporation (Canada).
Wps king office supplies. The increasing use of rare-earth elements that are used in the permanent magnet application are likely to drive the rare-earth metals market. APAC is the fastest-growing market for rare-earth metals due to increase in production and consumption in China. Significant usage of permanent magnets offer a huge impetus to these advanced materials, are expected to drive the rare-earth metals market in the region.
In terms of value, Neodymium oxide segment is projected to lead the global rare-earth metals market through 2026
The Neodymium oxide segment is projected to lead the rare-earth metals market, in terms of value, during the forecast period. Neodymium oxide is used to produce magnets which are found in most modern vehicles and aircraft as well as popular consumer electronics, such as headphones, microphones, and computer discs. It is used in high-strength permanent magnets that are also known as neodymium-iron-boron (NdFeB) magnets and are one of the strongest magnets in the world. Incresing use of Clean energy application has driven the market.
The Phosphors segment is projected to be the fastest-growing segment by applications throughout the forecast period
Joomla developer. The Phosphors segment, by application, is projected to grow at the highest CAGR during the forecast period. Phosphors used in many applications that require color in the light exhibited, namely, cathode ray tube displays, fluorescent lamps, and other applications. The important elements in this sector are europium, terbium, and yttrium. Phosphors are used to convert the incident radiation into the light of designed colors.
This is based on the properties of the elements that are included in the phosphors. The demand for rare-earth oxide phosphor products is expected to increase, due to the government policies in US, Canada, China, among other countries, and the European Union, where the incandescent lamps are being replaced with fluorescent and LED lamps.
In terms of value, the Asia rare-earth metals market is projected to grow at the highest CAGR during the forecast period
APAC is the largest producer and consumer of rare-earth metals across the globe, with almost all major manufacturers and end-use companies present in the region. APAC has witnessed tremendous growth in the past few years, driven by the growing population, favorable investment policies, growing economies, and government initiatives directed at promoting electronics and automobile industries in the region.
Lanthanum
APAC is the top region in terms of total rare-earth material consumption due to rapidly increasing demand in China, which accounts for maximum global rare-earth consumption. It was the largest consumer of rare-earth elements in 2019, with an estimated market revenue of over USD 5.2 billion.
The region is also expected to witness the fastest-growth in terms of consumption due to growing industrialization and extraction activities in China. According to the World Bank, APAC is the fastest-growing region in terms of both population and economic growth.
The region has experienced significant growth in the last decade and accounted for approximately 34% of the global GDP in 2019. According to the Population Reference Bureau, China, India, and other emerging APAC countries had a combined population exceeding 4 billion in 2019, which is projected to become an increasingly important driver for global consumption over the next two decades.
Market Dynamics
Drivers
- Increasing Demand from End-use Industries
- Increasing Demand for Clean Energy
- Initiative of Associations & Regulatory Bodies
Restraints
- Fluctuating Costs of Rare-Earth Metals
- Dominance of China in the Rare-Earth Metals Market
- Illegal Mining of Rare-Earth Metal Ores
Opportunities
- Recycling and Reuse of Rare-Earth Metals
Porter's Five Forces Analysis
Value Chain Analysis
- Mining & Rare-Earth Ore Production
- Separation of Rare-Earth Ore to Form Rare-Earth Oxides
- Refining of the Rare-Earth Oxides
- Applications
- End-use Industries
Trends
- Revenue Shift & New Revenue Pockets for Rare-Earth Metal Manufacturers
Regulatory Landscape
Technology Analysis
Case Study Analysis
- Case Study of the China's Growing Conflict with the WTO (World Trade Organization): The Case of Export Restrictions on Rare-Earth Resources
- China's Growing Conflict with the WTO
Market Map
Rare-Earth Metals Market: Patent Analysis
Pricing Analysis
Company Profiles
Cerium Oxide Powder
Key Players
- Lynas Corporation
- Alkane Resources Ltd.
- Arafura Resources Ltd.
- China Minmetals Rare Earth Co. Ltd.
- Avalon Advanced Material Inc.
- Baotou Hefa Rare Earth Co. Ltd.
- Canada Rare Earth Corporation
- Iluka Resource Ltd. (Iluka)
- Northern Minerals Limited
- Greenland Minerals Ltd.
Other Players
- Neo Materials
- Shin-Etsu Chemical Co. Ltd.
- Eutectix, LLC
- China Nonferrous Metal Industry's Foreign Engineering & Construction Co. Ltd.
- American Rare Earths Limited
- China Northern Rare Earth (Group) High-Tech Co. Ltd.
- Baotou Jinmeng Rare Earth Co. Ltd.
- Ucore Rare Metals Inc.
- Mitsubishi Corporation RTM Japan Ltd.
- Medallion Resources Ltd.
Cerium Oxide Glass Polish
For more information about this report visit https://www.researchandmarkets.com/r/t5j38o
Cerium
Atomic Number: | 58 | Atomic Radius: | 235 pm (Van der Waals) |
Atomic Symbol: | Ce | Melting Point: | 795 °C |
Atomic Weight: | 140.1 | Boiling Point: | 3443 °C |
Electron Configuration: | [Xe]6s24f15d1 | Oxidation States: | 4, 3, 2, 1 (a mildly basic oxide) |
History
Cerium was named for the asteroid Ceres, which was discovered in 1801. The element was discovered two years later in 1803 by Klaproth and by Berzelius and Hisinger. In 1875 Hillebrand and Norton prepared the metal.
Sources
Cerium is the most abundant so-called rare-earth metals. It is found in a number of minerals including allanite (also known as orthite), monazite, bastnasite, cerite, and samarskite. Monazite and bastnasite are presently the more important sources of cerium.
Large deposits of monazite (found on the beaches of Travancore, India and in river sands in Brazil), allanite (in the western United States), and bastnasite (in Southern California) will supply cerium, thorium, and the other rare-earth metals for many years to come.
Metallic cerium is prepared by metallothermic reduction techniques, such as reducing cerous fluoride with calcium, or using electrolysis of molten cerous chloride or others processes. The metallothermic technique produces high-purity cerium.
Properties
Cerium is especially interesting because of its variable electronic structure. The energy of the inner 4f level is nearly the same as that of the outer (valence) electrons, and only small amounts of energy are required to change the relative occupancy of these electronic levels. This gives rise to dual valency states.
For example, a volume change of about 10 percent occurs when cerium is subjected to high pressures or low temperatures. Cesium's valence appears to change from about 3 to 4 when it is cooled or compressed. The low temperature behavior of cerium is complex.
Cerium is an iron-gray lustrous metal. It is malleable, and oxidizes very readily at room temperature, especially in moist air. Except for europium, cerium is the most reactive of the rare-earth metals. It decomposes slowly in cold water and rapidly in hot water.
Alkali solutions and dilute and concentrated acids attack the metal rapidly. The pure metal is likely to ignite if scratched with a knife.
Pro tools se. Ceric slats are orange red or yellowish; cerous salts are usually white.
Wps king office supplies. The increasing use of rare-earth elements that are used in the permanent magnet application are likely to drive the rare-earth metals market. APAC is the fastest-growing market for rare-earth metals due to increase in production and consumption in China. Significant usage of permanent magnets offer a huge impetus to these advanced materials, are expected to drive the rare-earth metals market in the region.
In terms of value, Neodymium oxide segment is projected to lead the global rare-earth metals market through 2026
The Neodymium oxide segment is projected to lead the rare-earth metals market, in terms of value, during the forecast period. Neodymium oxide is used to produce magnets which are found in most modern vehicles and aircraft as well as popular consumer electronics, such as headphones, microphones, and computer discs. It is used in high-strength permanent magnets that are also known as neodymium-iron-boron (NdFeB) magnets and are one of the strongest magnets in the world. Incresing use of Clean energy application has driven the market.
The Phosphors segment is projected to be the fastest-growing segment by applications throughout the forecast period
Joomla developer. The Phosphors segment, by application, is projected to grow at the highest CAGR during the forecast period. Phosphors used in many applications that require color in the light exhibited, namely, cathode ray tube displays, fluorescent lamps, and other applications. The important elements in this sector are europium, terbium, and yttrium. Phosphors are used to convert the incident radiation into the light of designed colors.
This is based on the properties of the elements that are included in the phosphors. The demand for rare-earth oxide phosphor products is expected to increase, due to the government policies in US, Canada, China, among other countries, and the European Union, where the incandescent lamps are being replaced with fluorescent and LED lamps.
In terms of value, the Asia rare-earth metals market is projected to grow at the highest CAGR during the forecast period
APAC is the largest producer and consumer of rare-earth metals across the globe, with almost all major manufacturers and end-use companies present in the region. APAC has witnessed tremendous growth in the past few years, driven by the growing population, favorable investment policies, growing economies, and government initiatives directed at promoting electronics and automobile industries in the region.
Lanthanum
APAC is the top region in terms of total rare-earth material consumption due to rapidly increasing demand in China, which accounts for maximum global rare-earth consumption. It was the largest consumer of rare-earth elements in 2019, with an estimated market revenue of over USD 5.2 billion.
The region is also expected to witness the fastest-growth in terms of consumption due to growing industrialization and extraction activities in China. According to the World Bank, APAC is the fastest-growing region in terms of both population and economic growth.
The region has experienced significant growth in the last decade and accounted for approximately 34% of the global GDP in 2019. According to the Population Reference Bureau, China, India, and other emerging APAC countries had a combined population exceeding 4 billion in 2019, which is projected to become an increasingly important driver for global consumption over the next two decades.
Market Dynamics
Drivers
- Increasing Demand from End-use Industries
- Increasing Demand for Clean Energy
- Initiative of Associations & Regulatory Bodies
Restraints
- Fluctuating Costs of Rare-Earth Metals
- Dominance of China in the Rare-Earth Metals Market
- Illegal Mining of Rare-Earth Metal Ores
Opportunities
- Recycling and Reuse of Rare-Earth Metals
Porter's Five Forces Analysis
Value Chain Analysis
- Mining & Rare-Earth Ore Production
- Separation of Rare-Earth Ore to Form Rare-Earth Oxides
- Refining of the Rare-Earth Oxides
- Applications
- End-use Industries
Trends
- Revenue Shift & New Revenue Pockets for Rare-Earth Metal Manufacturers
Regulatory Landscape
Technology Analysis
Case Study Analysis
- Case Study of the China's Growing Conflict with the WTO (World Trade Organization): The Case of Export Restrictions on Rare-Earth Resources
- China's Growing Conflict with the WTO
Market Map
Rare-Earth Metals Market: Patent Analysis
Pricing Analysis
Company Profiles
Cerium Oxide Powder
Key Players
- Lynas Corporation
- Alkane Resources Ltd.
- Arafura Resources Ltd.
- China Minmetals Rare Earth Co. Ltd.
- Avalon Advanced Material Inc.
- Baotou Hefa Rare Earth Co. Ltd.
- Canada Rare Earth Corporation
- Iluka Resource Ltd. (Iluka)
- Northern Minerals Limited
- Greenland Minerals Ltd.
Other Players
- Neo Materials
- Shin-Etsu Chemical Co. Ltd.
- Eutectix, LLC
- China Nonferrous Metal Industry's Foreign Engineering & Construction Co. Ltd.
- American Rare Earths Limited
- China Northern Rare Earth (Group) High-Tech Co. Ltd.
- Baotou Jinmeng Rare Earth Co. Ltd.
- Ucore Rare Metals Inc.
- Mitsubishi Corporation RTM Japan Ltd.
- Medallion Resources Ltd.
Cerium Oxide Glass Polish
For more information about this report visit https://www.researchandmarkets.com/r/t5j38o
Cerium
Atomic Number: | 58 | Atomic Radius: | 235 pm (Van der Waals) |
Atomic Symbol: | Ce | Melting Point: | 795 °C |
Atomic Weight: | 140.1 | Boiling Point: | 3443 °C |
Electron Configuration: | [Xe]6s24f15d1 | Oxidation States: | 4, 3, 2, 1 (a mildly basic oxide) |
History
Cerium was named for the asteroid Ceres, which was discovered in 1801. The element was discovered two years later in 1803 by Klaproth and by Berzelius and Hisinger. In 1875 Hillebrand and Norton prepared the metal.
Sources
Cerium is the most abundant so-called rare-earth metals. It is found in a number of minerals including allanite (also known as orthite), monazite, bastnasite, cerite, and samarskite. Monazite and bastnasite are presently the more important sources of cerium.
Large deposits of monazite (found on the beaches of Travancore, India and in river sands in Brazil), allanite (in the western United States), and bastnasite (in Southern California) will supply cerium, thorium, and the other rare-earth metals for many years to come.
Metallic cerium is prepared by metallothermic reduction techniques, such as reducing cerous fluoride with calcium, or using electrolysis of molten cerous chloride or others processes. The metallothermic technique produces high-purity cerium.
Properties
Cerium is especially interesting because of its variable electronic structure. The energy of the inner 4f level is nearly the same as that of the outer (valence) electrons, and only small amounts of energy are required to change the relative occupancy of these electronic levels. This gives rise to dual valency states.
For example, a volume change of about 10 percent occurs when cerium is subjected to high pressures or low temperatures. Cesium's valence appears to change from about 3 to 4 when it is cooled or compressed. The low temperature behavior of cerium is complex.
Cerium is an iron-gray lustrous metal. It is malleable, and oxidizes very readily at room temperature, especially in moist air. Except for europium, cerium is the most reactive of the rare-earth metals. It decomposes slowly in cold water and rapidly in hot water.
Alkali solutions and dilute and concentrated acids attack the metal rapidly. The pure metal is likely to ignite if scratched with a knife.
Pro tools se. Ceric slats are orange red or yellowish; cerous salts are usually white.
Uses
Cerium is a component of misch metal, which is extensively used in the manufacture of pyrophoric alloys for cigarette lighters. While cerium is not radioactive, the impure commercial grade may contain traces of thorium, which is radioactive. The oxide is an important constituent of incandescent gas mantles and is emerging as a hydrocarbon catalyst in self cleaning ovens where it can be incorporated into oven walls to prevent the collection of cooking residues.
As ceric sulfate is used extensively as a volumetric oxidizing agent in quantitative analysis. Cerium compounds are used in the manufacture of glass, both as a component and as a decolorizer.
The oxide is finding increased use as a glass polishing agent instead of rouge, for it polishes much faster than rouge. Cerium, with other rare earths, is used in carbon-arc lighting, especially in the motion picture industry. It is also useful as a catalyst in petroleum refining and in metallurgical and nuclear applications.