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Global Rhenium Market 2018-2022

Global Rhenium Market 2018-2022

About Rhenium

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.

Technavio’s analysts forecast the global rhenium market to grow at a CAGR of 7.09% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global rhenium market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of rhenium.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Rhenium Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • H Cross Company
  • KGHM
  • Molymet
  • Rhenium Alloys
  • Ultramet
Market driver
  • Rising demand in aerospace engines
  • For a full, detailed list, view our report
Market challenge
  • Fluctuations in the price of rhenium
  • For a full, detailed list, view our report
Market trend
  • Growing use of rhenium-188 in healthcare industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Rhenium Market 2018-2022

Technavio recognizes the following companies as the key players in the global rhenium market: H Cross Company, KGHM, Molymet, Rhenium Alloys, and Ultramet

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growing use of rhenium-188 in healthcare industry. Rhenium-188 is a high energy emitting radioisotope obtained from the tungsten-188 generator. It is used in a wide variety of therapeutic applications such as nuclear medicine, preparation of radiopharmaceuticals for radionuclide therapy, oncology, interventional radiology, and cardiology.”

According to the report, one of the major drivers for this market is Rising demand in aerospace engines. Rhenium is extensively used in the aircraft engines such as Boeing 787 Dreamliner and Airbus A380. It is highly in demand in the aviation industry as it is used to boost the efficiency of the jet engines. The aviation industry is currently the largest consumer of rhenium. The very high melting point, hardness, and scratch resistance properties are fostering the demand for rhenium in the aviation industry. Rhenium is also used in jet-engine turbines and for shielding spaceships. This is because of its ability to withstand very high temperature and high chemical resistance. The US is the major producer of rhenium followed by Poland and China. The high demand for rhenium is mainly from the military forces of different countries all over the world.

Further, the report states that one of the major factors hindering the growth of this market is Fluctuations in the price of rhenium. In 2016, the price of rhenium was $1,400 per metric ton which increased to $4,500 per metric ton by the end of 2017. The prices of rhenium are currently fluctuating because of the demand-supply gap. The demand for rhenium is increasing because of the growth in the aviation, automotive, and chemical Fluctuations in the price of rhenium industries. However, the increasing demand for rhenium is affected by the unavailability of resources with time, which creates the supply gap, and results in the fluctuations in the prices of rhenium. Therefore, the fluctuating price of rhenium will impede the growth in the global rhenium market.

Companies Mentioned

H Cross Company, KGHM, Molymet, Rhenium Alloys, and Ultramet

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global non-ferrous metal market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
      • Table The market share of primary and secondary rhenium 2017
    • Market sizing 2017
      • Table Global rhenium market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global rhenium market - Market size and forecast 2017-2022 ($ millions)
      • Table Global rhenium market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Superalloys - Market size and forecast 2017-2022
      • Table Superalloys - Market size and forecast 2017-2022 ($ millions)
      • Table Superalloys - Year-over-year growth 2018-2022 (%)
    • Catalysts - Market size and forecast 2017-2022
      • Table Catalysts - Market size and forecast 2017-2022 ($ millions)
      • Table Catalysts - Year-over-year growth 2018-2022 (%)
    • Others - Market size and forecast 2017-2022
      • Table Others - Market size and forecast 2017-2022 ($ millions)
      • Table Others - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global rhenium market - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ millions)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ millions)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ millions)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Rhenium prices from 2012 till 2017 ($/metric ton)
  • Market trends
    • Growing use of rhenium-188 in healthcare industry
    • Use of rhenium in spaceship parts
    • Rise in secondary rhenium supply to boost the market growth
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitor landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • American Elements
      • Table American Elements - Overview
      • Table American Elements - Business segments
      • Table American Elements - Organizational developments (2016 till the date of research)
      • Table American Elements - Geographic focus
      • Table American Elements - Segment focus
      • Table American Elements - Key offerings in the global rhenium market
    • H Cross Company
      • Table H Cross Company - Overview
      • Table H Cross Company - Business segmentation by products
      • Table H Cross Company - Organizational developments (2016 till the date of research)
      • Table H Cross Company - Geographic focus
      • Table H Cross Company - Segment focus
      • Table H Cross Company - Key offerings in the global rhenium market
    • KGHM
      • Table KGHM - Overview
      • Table KGHM - Business Segmentation
      • Table KGHM - Organizational developments (2016 till the date of research)
      • Table KGHM - Geographic focus
      • Table KGHM - Segment focus
      • Table KGHM - Key offerings in the global rhenium market
    • Molymet
      • Table Molymet - Overview
      • Table Molymet - Business Segmentation by products
      • Table Molymet - Organizational developments (2016 till the date of research)
      • Table Molymet - Geographic focus
      • Table Molymet - Segment focus
      • Table Molymet - Key offerings in the global rhenium market
    • Rhenium Alloys
      • Table Rhenium Alloys - Overview
      • Table Rhenium Alloys - Business segments by products
      • Table Rhenium Alloys - Organizational developments (2016 till the date of research)
      • Table Rhenium Alloys - Geographic focus
      • Table Rhenium Alloys - Segment focus
      • Table Rhenium Alloys - Key offerings in the global rhenium market
    • Ultramet
      • Table Ultramet - Overview
      • Table Ultramet - Business segmentation by products
      • Table Ultramet - Organizational developments (2016 till the date of research)
      • Table Ultramet - Geographic focus
      • Table Ultramet - Segment focus
      • Table Ultramet - Key offerings in the global rhenium market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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