France Neodymium Market Size & Outlook, 2021-2030
France neodymium market, 2018-2030 (US$M)
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France neodymium market highlights
- The France neodymium market generated a revenue of USD 6.6 million in 2021 and is expected to reach USD 21.1 million by 2030.
- The France market is expected to grow at a CAGR of 13.7% from 2022 to 2030.
- In terms of segment, catalysts was the largest revenue generating application in 2021.
- Magnets is the most lucrative application segment registering the fastest growth during the forecast period.
Neodymium market data book summary
| Market revenue in 2021 | USD 6.6 million |
| Market revenue in 2030 | USD 21.1 million |
| Growth rate | 13.7% (CAGR from 2021 to 2030) |
| Largest segment | Catalysts |
| Fastest growing segment | Magnets |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Magnets, Catalysts, Ceramics & glass |
| Key market players worldwide | China Rare Earth Holdings Ltd, Lynas Rare Earths Ltd, MP Materials Corp Ordinary Shares - Class A, Peak Rare Earths Ltd, Rainbow Rare Earths Ltd, Texas Mineral Resources Corp, Arafura Rare Earths Ltd, Rare Earth Global, Energy Transition Minerals |
Other key industry trends
- In terms of revenue, France accounted for 0.3% of the global neodymium market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany neodymium market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 202.4 million by 2030.
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Neodymium Market Scope
Neodymium Market Companies
| Name | Profile | # Employees | HQ | Website |
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France neodymium market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to neodymium market will help companies and investors design strategic landscapes.
Catalysts was the largest segment with a revenue share of 33.33% in 2021. Horizon Databook has segmented the France neodymium market based on magnets, catalysts, ceramics & glass covering the revenue growth of each sub-segment from 2018 to 2030.
According to the World Bank, France registered an economic growth of 7.0% in 2021, which was the highest in the past 50 years. However, this growth is expected to decline in 2022. According to IMF, the country’s GDP is anticipated to grow by 2.3% in 2022.
The government of France is investing in EVs and energy plants to enhance its economic growth. For instance, France is planning to prepare a subsidized electric-car leasing plan, which is expected to make EVs available for USD 100 a month.
According to IEA, the French government plans to invest USD 2.4 billion to boost the production of approximately 2 million EVs in the country, and USD 1.1 billion for R&D activities.
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Our clientele includes a mix of neodymium market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the France neodymium market , including forecasts for subscribers. This country databook contains high-level insights into France neodymium market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France neodymium market size, by application, 2018-2030 (US$M)
France Neodymium Market Outlook Share, 2021 & 2030 (US$M)
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