Global Monazite Market Growth 2019-2024

Monazite is a rare phosphate mineral with a chemical composition of (Ce, La, Nd, Th) (PO4, SiO4). It usually occurs in small isolated grains, as an accessory mineral in igneous and metamorphic rocks such as granite, pegmatite, schist, and gneiss. These grains are resistant to weathering and become concentrated in soils and sediments downslope from the host rock. When in high enough concentrations, they are mined for their rare earth and thorium content.
Currently, some companies in China can produce Monazite product. The main market players are Hongyuan Rare Earth, Xiangjiang River Rare Earth, etc. The production of monazite decreases from 18365 Ton in 2011 to 7700 Ton in 2016.

In Monazite market, the revenue of monazite decreases from 2383000 K RMB in 2011 to 323850 K RMB in 2016

Hongyuan Rare Earth occupied 61.16% of the production market in 2015. Xiangjiang River Rare Earth has around 38.84% of the China industry.

China has banned a single quarry mining live alone. And the main sources of Monazite are the domestic mineral processing enterprises or import the sand containing zircon. Fluctuations in the price of the upstream product will impact on the production cost of Monazite industry.

We tend to believe this industry is a dim future industry, the production and revenue of China Monazite is decrease.


According to this study, over the next five years the Monazite market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Monazite business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Monazite market by product type, application, key manufacturers and key regions and countries.

This study considers the Monazite value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Acid cracking
Alkaline cracking
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Chemical
Metallurgy
Electronic
Medical
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Hongyuan Rare Earth
Xiangjiang River Rare Earth
Shenghe Resources
VV Mineral
Medallion Resources
...

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Monazite consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Monazite market by identifying its various subsegments.
Focuses on the key global Monazite manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Monazite with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Monazite submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.