Global Rhenium Market 2024-2028

Global Rhenium Market 2024-2028

Rhenium Market 2024-2028

The rhenium market is forecasted to grow by USD 96.1 mn during 2023-2028, accelerating at a CAGR of 11.8% during the forecast period. The report on the rhenium market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for aerospace engines, growing use in industrial gas turbines, and improved extraction methodologies of rhenium.

Technavio's rhenium market is segmented as below:

By Application

• Superalloys
• Catalysts
• Others

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the growing use of rhenium-188 in healthcare industry as one of the prime reasons driving the rhenium market growth during the next few years. Also, use of rhenium in spaceship parts and rise in secondary rhenium supply to boost market growth will lead to sizable demand in the market.

The report on the rhenium market covers the following areas:

• Rhenium Market sizing
• Rhenium Market forecast
• Rhenium Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rhenium market vendors that include American Elements, ESPI Metals, Freeport McMoRan Inc., H. Cross Co., Heraeus Holding GmbH, Hoganas AB, KGHM Polska Miedz SA, Leading Edge Metals and Alloys Inc., MOLYMET S.A., Joint Stock Co. Navoi Mining and Metallurgical Co., Nova Resources B.V., Ossila Ltd., Remet UK Ltd., Rhenium Alloys Inc., Ultramet, and Umicore SA. Also, the rhenium market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.