India Praseodymium Market (2025-2031) | Opportunities, Restraints, Segmentation, Challenges, Strategy, Competition, Share, Competitive, Pricing Analysis, Outlook, Value, Consumer Insights, Industry, Size, Demand, Analysis, Revenue, Forecast, Strategic Insights, Growth, Segments, Investment Trends, Supply, Drivers, Trends, Companies

Name: India Praseodymium Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Praseodymium Market, India Praseodymium Market, India Praseodymium Market Revenues, India Praseodymium Market Share, India Praseodymium Market Size, India Praseodymium Market Outlook, India Praseodymium Market Report, India Praseodymium Market Competition, India Praseodymium Market Overview, India Praseodymium Market Trends, India Praseodymium Market Forecast

Market Forecast By Form (Oxide, Metal, Fluoride, Nitrate, Others), By Application (Magnets, Alloying, Ceramics, Glass & Polishing, Catalysts), By Industry (Electronics, Automotive, Aerospace, Defense, Others) And Competitive Landscape

Product Code: ETC10170126	Publication Date: Apr 2025	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Bhawna Singh	No. of Pages: 65	No. of Figures: 34	No. of Tables: 19

India Praseodymium Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s praseodymium import shipments in 2024 continued to be dominated by top exporting countries including China, USA, UK, South Korea, and Belgium. The High Herfindahl-Hirschman Index (HHI) indicates significant concentration within these markets. With a notable Compound Annual Growth Rate (CAGR) of 23.37% from 2020 to 2024, the industry shows strong expansion. Although the growth rate slightly decreased to 0.68% from 2023 to 2024, the overall trend remains positive, highlighting the continued importance of praseodymium imports for India`s industrial needs.

India Praseodymium Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

India Praseodymium Market Outlook
Market Size of India Praseodymium Market,2024
Forecast of India Praseodymium Market, 2031
Historical Data and Forecast of India Praseodymium Revenues & Volume for the Period 2021-2031
India Praseodymium Market Trend Evolution
India Praseodymium Market Drivers and Challenges
India Praseodymium Price Trends
India Praseodymium Porter's Five Forces
India Praseodymium Industry Life Cycle
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Form for the Period 2021-2031
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Oxide for the Period 2021-2031
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Metal for the Period 2021-2031
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Fluoride for the Period 2021-2031
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Nitrate for the Period 2021-2031
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Others for the Period 2021 - 2029
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Magnets for the Period 2021-2031
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Alloying for the Period 2021-2031
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Ceramics for the Period 2021-2031
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Glass & Polishing for the Period 2021-2031
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Catalysts for the Period 2021 - 2029
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Industry for the Period 2021-2031
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Electronics for the Period 2021-2031
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Automotive for the Period 2021-2031
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Aerospace for the Period 2021-2031
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Defense for the Period 2021-2031
Historical Data and Forecast of India Praseodymium Market Revenues & Volume By Others for the Period 2021 - 2029
India Praseodymium Import Export Trade Statistics
Market Opportunity Assessment By Form
Market Opportunity Assessment By Application
Market Opportunity Assessment By Industry
India Praseodymium Top Companies Market Share
India Praseodymium Competitive Benchmarking By Technical and Operational Parameters
India Praseodymium Company Profiles
India Praseodymium Key Strategic Recommendations

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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 India Praseodymium Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Praseodymium Market Revenues & Volume, 2021 & 2031F

3.3 India Praseodymium Market - Industry Life Cycle

3.4 India Praseodymium Market - Porter's Five Forces

3.5 India Praseodymium Market Revenues & Volume Share, By Form, 2021 & 2031F

3.6 India Praseodymium Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 India Praseodymium Market Revenues & Volume Share, By Industry, 2021 & 2031F

4 India Praseodymium Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growth in the electronics industry, as praseodymium is used in manufacturing electronic components.

4.2.2 Increasing demand for renewable energy technologies like wind turbines, where praseodymium is used in magnets.

4.2.3 Government initiatives promoting the use of electric vehicles, which require praseodymium for their motors.

4.3 Market Restraints

4.3.1 Fluctuations in global prices of rare earth elements, impacting the cost of praseodymium.

4.3.2 Environmental concerns related to rare earth mining, leading to regulatory challenges.

4.3.3 Competition from alternative materials or technologies that could replace praseodymium in certain applications.

5 India Praseodymium Market Trends

6 India Praseodymium Market, By Types

6.1 India Praseodymium Market, By Form

6.1.1 Overview and Analysis

6.1.2 India Praseodymium Market Revenues & Volume, By Form, 2021 - 2031F

6.1.3 India Praseodymium Market Revenues & Volume, By Oxide, 2021 - 2031F

6.1.4 India Praseodymium Market Revenues & Volume, By Metal, 2021 - 2031F

6.1.5 India Praseodymium Market Revenues & Volume, By Fluoride, 2021 - 2031F

6.1.6 India Praseodymium Market Revenues & Volume, By Nitrate, 2021 - 2031F

6.1.7 India Praseodymium Market Revenues & Volume, By Others, 2021 - 2031F

6.2 India Praseodymium Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Praseodymium Market Revenues & Volume, By Magnets, 2021 - 2031F

6.2.3 India Praseodymium Market Revenues & Volume, By Alloying, 2021 - 2031F

6.2.4 India Praseodymium Market Revenues & Volume, By Ceramics, 2021 - 2031F

6.2.5 India Praseodymium Market Revenues & Volume, By Glass & Polishing, 2021 - 2031F

6.2.6 India Praseodymium Market Revenues & Volume, By Catalysts, 2021 - 2031F

6.3 India Praseodymium Market, By Industry

6.3.1 Overview and Analysis

6.3.2 India Praseodymium Market Revenues & Volume, By Electronics, 2021 - 2031F

6.3.3 India Praseodymium Market Revenues & Volume, By Automotive, 2021 - 2031F

6.3.4 India Praseodymium Market Revenues & Volume, By Aerospace, 2021 - 2031F

6.3.5 India Praseodymium Market Revenues & Volume, By Defense, 2021 - 2031F

6.3.6 India Praseodymium Market Revenues & Volume, By Others, 2021 - 2031F

7 India Praseodymium Market Import-Export Trade Statistics

7.1 India Praseodymium Market Export to Major Countries

7.2 India Praseodymium Market Imports from Major Countries

8 India Praseodymium Market Key Performance Indicators

8.1 Percentage of electronic manufacturing companies using praseodymium in their products.

8.2 Number of wind turbine installations in India using praseodymium-containing magnets.

8.3 Research and development investments in praseodymium recycling technologies.

9 India Praseodymium Market - Opportunity Assessment

9.1 India Praseodymium Market Opportunity Assessment, By Form, 2021 & 2031F

9.2 India Praseodymium Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 India Praseodymium Market Opportunity Assessment, By Industry, 2021 & 2031F

10 India Praseodymium Market - Competitive Landscape

10.1 India Praseodymium Market Revenue Share, By Companies, 2024

10.2 India Praseodymium Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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