Growth markets

Growth markets

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Technology metals, rare earths and precious metals are increasing in value because they are needed for future technologies, but their availability is limited. Our raw materials make components faster, more magnetic, more conductive or increase their resistance to heat and corrosion. This makes them indispensable resources for current growth markets.

Building blocks of the future

The industry needs raw materials

Growth markets for strategic metals

Digitisation

Raw materials relevant for the growth market

The digitalisation megatrend is extremely resource-intensive. Computing power and data transfer for artificial intelligence (AI), virtual reality, the digitalisation of the healthcare system and smart homes require energy, cooling systems, cables and microchips. New data centres are being opened around the world.

Relevant sectors

Analysts estimate that the demand for data centres in the United States will grow by 10 % per year until 2030.1
1 mckinsey.com/industries/technology-media-and-telecommunications/our-insights/investing-in-the-rising-data-centre-economy
The global market for artificial intelligence in cancer diagnostics is expected to grow at an average annual CAGR of 9.4 % to USD 2.6 billion between 2024 and 2034.2
2 towardshealthcare.com/insights/ai-in-cancer-diagnosis-transforming-cancer-care
According to estimates, LED applications will cover more than 95 % of commercial lighting requirements by 2050.3
3 eia.gov/todayinenergy/detail.php?id=49816
Global sales in the consumer electronics market are estimated at around USD 978 billion in 2025, with expected annual growth of 2.9 % until 2029. 4
4 statista.com/outlook/cmo/consumer-electronics/worldwide

Renewable energies

Raw materials relevant for the growth market

Renewable energies are a crucial building block for a climate-neutral future. The demand for raw materials for the energy transition is increasing and is politically secured through the expansion of green technologies. Compliance with the Paris Climate Agreement requires, among other things, the massive production of more wind turbines and photovoltaic systems. According to the International Energy Agency, wind power and photovoltaic systems should supply 25 % of the world's energy by 2028.

Relevant sectors

Thin-film photovoltaics new study: According to forecasts, the thin-film solar market will grow to over USD 11 billion by 2035 - from USD 5 billion in 2025.1
1 idtechex.com/en/research-article/the-future-of-thin-film-solar-a-market-on-the-rise/32871
Wind power capacity in Europe will almost double by 2030.2
2 spglobal.com/commodityinsights/en/market-insights/latest-news/electric-power/022824-europe-forecast-to-add-262-gw-new-wind-capacity-by-2030-windeurope

Military

Raw materials relevant for the growth market

The latest geopolitical tensions have increased the need for more security worldwide. This is reflected in rising national defence budgets, for example. This inevitably increases the demand for many speciality raw materials that improve the performance and efficiency of modern military systems. Gallium is indispensable for radar equipment. Modern night vision and thermal imaging devices rely on germanium. Rare earths are needed for drone propulsion systems and certain munitions. The NATO defence alliance classifies these raw materials, together with precious metals, as essential for the sector.

Relevant sectors

The chip industry could reach an annual turnover of USD 1 trillion by 2030, with turnover growth to USD 2 trillion possible by 2040. The military sector is also relying more and more on electronic components, whether for the remote control of drones or for sophisticated on-board computers.1
1 deloitte.com/us/en/insights/industry/technology/technology-media-telecom-outlooks/semiconductor-industry-outlook.html
The market for drones is booming, and this also applies to military applications. High-performance magnets made from rare earths are enabling ever lighter and faster devices.2
2 droneii.com/project/drone-market-size-and-growth-2025-2030

Mobility

Raw materials relevant for the growth market

Mobility is a crucial part of life in a globalised world. Accordingly, commodities that move people and goods forward are ideal for diversifying the portfolio: in electric cars, e-bikes and catalytic converters or through hydrogen fuel cells.

Relevant sectors

Boeing forecasts a need for 44,000 new aircraft by 2043, while Airbus has announced that it will double its fleet in the next 20 years.1
1 airport-technology.com/news/airbus-predicts-increased-demand-market-outlook/
The use of hydrogen is seen as a key to making heavy goods transport more sustainable. Numerous major lorry manufacturers are planning models with hydrogen fuel cells.2
2 iea.blob.core.windows.net/assets/89c1e382-dc59-46ca-aa47-9f7d41531ab5/GlobalHydrogenReview2024.pdf
The global electric vehicle fleet could grow twelve-fold by 2035.3
3 iea.org/reports/global-ev-outlook-2024/outlook-for-electric-mobility

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