The report segments the market on the basis of three criteria: type, application, and geography. Of the key rare earth metal types studied in the report, the market segment of cerium oxide held the largest share in the global market, an estimated 40%, in 2013. This can be credited to the vast set of applications of cerium oxide across a number of end-use industries. Demand for lanthanum oxide followed that for cerium oxide and held a 23.8% share in the market. Lanthanum oxide also finds application in a wide range of industries such as electronics, green technology, construction, and automotive. However, it is the segment of scandium that earned the market the largest revenue in 2013. Lightweight! This is the first and the biggest benefit that an owner of carbon folding bike can receive BNS Gold.
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