Global Rare Earth Metals Market is expected to foresee significant growth. Asia Pacific to lead the growth!
October 27, 2021
MINING & MACHINERY, NEWS
Global rare earth metals market is expected to cross the market valuation of US$ 10 billion by 2027 expanding at a reasonable CAGR of above 10% during the forecast period (2021-2027). Increasing use of these metals in magnet application and growing demand of electric vehicles are some of the factors which are fueling the growth of the market. Stringent government …
Closed Die Forging Holds Huge Potential to Produce Low-Cost Industrial Parts. The Asia Pacific to Witness the Highest Growth
Global Closed Die Forging Market is expected to exceed the market valuation of more than US$ XX billion by 2027 expanding at a reasonable CAGR of around XX% during the forecast period (2021-2027). A forging press uses vertical ram to apply gradual pressure to a die holding workpiece. This process uses slow pressure instead of a series of blows like …