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2 years ago
The Lanthanum market research report from Xinren Research is detailed study of Lanthanum industry. Xinren Research has recently published latest updates in Lanthanum market. The Lanthanum market is a key to understand dynamics and key trends in this industry. The Lanthanum report provides detailed market size analysis in terms of revenue i.e. USD million on global, regional as well as country l...
Lanthanum is a rare earth metal that is silver-ish white. It is soft and ductile and slowly tarnishes due to exposure to the air. The Lanthanum Market is expected to flourish in the upcoming years owing to increased demand for lanthanum in the manufacturing processes of hybrid vehicles.
Additionally, lanthanum is also used in various other applications like phosphate binder in medicines, alloying agent for steels, ignition element in torches, etc., further stimulating market growth.
However, the production of lanthanum poses serious harm to the environment due to stringent restrictions placed by the government to reduce risks. These restrictions may hamper the growth of this market.
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