Market Research Reprots- Worldwide Rhenium Market | Page 2

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.”
Request for sample of this research report @ https://marketreportscenter.com/request-
sample/576982
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.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market
and vendor landscape in addition to a SWOT analysis of the key vendors.
For More Details Of Report, Table Of Content, Company Profiles @
https://marketreportscenter.com/reports/576982/global-rhenium-market-2018-2022
Some points from TOC:-
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY