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The rhenium market size is forecast to increase by USD 96.1 million at a CAGR of 11.8% between 2023 and 2028. The market is experiencing significant growth due to the increasing demand for rhenium alloys in various industries. In electronics, rhenium's excellent resistance to poisons makes it an ideal alloying element for vacuum tubes and semiconductors. Its unique properties, including high melting point, cold working properties, lustrous appearance, and special chemical properties, make it an essential component in aerospace engines and catalysts. In the aerospace sector, rhenium's high creep resistance is crucial for the manufacturing of military and commercial engines, as well as rocket technology. New rhenium alloys are being developed to enhance the performance and efficiency of electrical engineering applications. The healthcare industry also utilizes rhenium-188 for medical imaging and therapeutic purposes. However, the market is affected by the volatility of rhenium prices, which can impact the profitability of manufacturers and end-users alike. Overall, the market for rhenium is expected to continue its expansion due to its unique properties and wide range of applications in electronics, aerospace, and other industries.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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