| Product Code: ETC198887 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
Australia Rhenium market currently, in 2023, has witnessed an HHI of 9144, Which has decreased slightly as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Rhenium is a valuable metal used in aerospace, electronics, and high-performance turbine engines. While Australia does not produce rhenium in large quantities, its demand is driven by the countrys involvement in advanced manufacturing and aviation technologies.
The demand for rhenium in Australia is primarily fueled by its use in high-performance superalloys, particularly in aerospace and turbine engine manufacturing. Its role in petroleum refining catalysts further supports market growth, while increasing exploration activities enhance domestic supply potential.
Rheniums market in Australia is constrained by its rarity and dependence on byproduct recovery from molybdenum and copper mining. This makes its supply unpredictable and highly sensitive to fluctuations in base metal markets. Additionally, the demand for rhenium in aerospace and high-temperature applications is influenced by global economic conditions, making the market prone to demand fluctuations.
The rhenium market in Australia is expanding due to its applications in superalloys, aerospace, and electronics. Investment opportunities include high-purity rhenium refining, partnerships with the defense and aviation industries, and research into rhenium-based advanced materials for high-temperature applications.
Rhenium is regulated under mining laws, industrial safety regulations, and trade policies. The government ensures responsible extraction and refining processes to maintain environmental sustainability. Trade regulations oversee the export of rhenium to align with global aerospace and catalyst industry demands. Research initiatives support the development of rhenium-based superalloys for high-temperature applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Rhenium Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Rhenium Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Rhenium Market - Industry Life Cycle |
3.4 Australia Rhenium Market - Porter's Five Forces |
3.5 Australia Rhenium Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Australia Rhenium Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
4 Australia Rhenium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for rhenium in aerospace and defense industries due to its high melting point and corrosion resistance properties. |
4.2.2 Increasing use of rhenium in catalysts for oil refining and petrochemical industries. |
4.2.3 Technological advancements leading to the development of new applications for rhenium in electronics and medical devices. |
4.3 Market Restraints |
4.3.1 Limited availability of rhenium as it is a rare metal with few primary sources globally. |
4.3.2 Fluctuations in rhenium prices due to its dependency on other metals like molybdenum and copper. |
4.3.3 Environmental concerns and regulations surrounding the mining and processing of rhenium. |
5 Australia Rhenium Market Trends |
6 Australia Rhenium Market, By Types |
6.1 Australia Rhenium Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Australia Rhenium Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Australia Rhenium Market Revenues & Volume, By Superalloys, 2021-2031F |
6.1.4 Australia Rhenium Market Revenues & Volume, By Catalysts, 2021-2031F |
6.1.5 Australia Rhenium Market Revenues & Volume, By Other Applications, 2021-2031F |
6.2 Australia Rhenium Market, By End-User Industry |
6.2.1 Overview and Analysis |
6.2.2 Australia Rhenium Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.3 Australia Rhenium Market Revenues & Volume, By Industrial Gas Turbines, 2021-2031F |
6.2.4 Australia Rhenium Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Australia Rhenium Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.6 Australia Rhenium Market Revenues & Volume, By Other End-user Industries, 2021-2031F |
7 Australia Rhenium Market Import-Export Trade Statistics |
7.1 Australia Rhenium Market Export to Major Countries |
7.2 Australia Rhenium Market Imports from Major Countries |
8 Australia Rhenium Market Key Performance Indicators |
8.1 Rhenium consumption in key industries (aerospace, defense, oil refining, etc.). |
8.2 Research and development investment in rhenium-related technologies. |
8.3 Adoption rate of rhenium-based products in emerging applications. |
9 Australia Rhenium Market - Opportunity Assessment |
9.1 Australia Rhenium Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Australia Rhenium Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
10 Australia Rhenium Market - Competitive Landscape |
10.1 Australia Rhenium Market Revenue Share, By Companies, 2024 |
10.2 Australia Rhenium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |