Los Angeles, CA -- (SBWire) -- 07/03/2019 --Rhenium is a dense silvery-white metal that has a very high melting point and a heat-stable crystalline structure, making it exceptionally resistant to heat and wear. It is usually extracted as a by-product of molybdenum smelting and is used especially in superalloys, catalysts, and many other applications.

Global volumes grew at low speed, due to the stability of super alloy and catalyst demand for the past years. Longer-term growth projections are now around 3%. The industry is highly concentrated in terms of production area, with Chile, USA and Poland as the major supply area.

Rhenium is a concentrated industry with limited companies. The top 3 producers account for around 64.26% of the market. Rhenium can be categorized as primary Rhenium producers and recovery Rhenium producers. primary Rhenium producers supply products by themselves, also most of the producers owns its own ore, such as Molymet, etc. recovery Rhenium producers purchase raw material from the market, but still takes a share in Rhenium market.

The largest consumption area of Rhenium is super alloy, which accounted for 73.18% of world Rhenium consumption. Consumption of Rhenium in catalyst is much more stable, the application field of Rhenium is expanding, but it also facing substitute threat at the same time.

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The global Rhenium market was 160 million US$ in 2018 and is expected to 190 million US$ by the end of 2025, growing at a CAGR of 2.7% between 2019 and 2025.

This report studies the Rhenium market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Rhenium in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Molymet

Freeport MCMoRan

KGHM

KAZ Minerals

LS-Nikko

Jiangxi Copper

By the product type, the market is primarily split into

Primary Rhenium

Recycling Rhenium

By the end users/application, this report covers the following segments

Superalloys

Catalysts

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