Hexa Research forecasts $10.96B global rare earth elements market by 2020
Green Car Congress
AUGUST 25, 2015
According to a new study by Hexa Research, high demand for rare earth elements such as cerium and lanthanum in applications such as automobiles, metallurgy, phosphors, glass, etc. Phosphor is essential to manufacture of consumer electronic components such as LCD screens and CRT displays. billion in 2020. billion in 2013.
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