Global rare earth elements (REE) market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030 from USD 2.6 billion in 2018. The growth of the global REE market is driven by increasing demand for REEs in various applications such as catalysts, ceramics, phosphors, metal alloys and magnets.
The global rare earth elements (REE) market has been segmented on the basis of type into cerium, neodymium, lanthanum, dysprosium and terbium; application into catalysts, ceramics, phosphors and metal alloys; and region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA). Cerium was the largest type segment with a share of over 50% in 2018 due to its wide range of applications such as catalysts for petroleum refining process or production of glass-ceramics for use in ovens or furnaces. Neodymium was the second largest type segment with a share over 30%. It is used as an alloying agent for steel production or as an alloying agent with copper to produce high-strength magnets that are used in electric motors or generators. Lanthanum had a share over 10% due to its use as an additive in nickel-cadmium batteries which are used extensively across industries such as aerospace industry where they are required for powering aircraft engines during take off phase when there is no power supply available from ground sources like electricity grid etc, while dysprosium had a share less than 5%.
Some Of The Growth Factors Of This Market:
- China has been the largest producer of REE since 2009, accounting for more than 90% of global production in 2015.
- The US Geological Survey estimates that China's reserves are about 50 times greater than those in the US and Canada combined.
- In recent years, China has been tightening its export quotas on REE.
- This has led to an increase in prices and a decrease in supply.
Industry Growth Insights published a new data on “Rare Earth Elements (REE) Market”. The research report is titled “Rare Earth Elements (REE) Market research by Types (Cerium, Neodymium, Lanthanum, Dysprosium, Terbium, Yttrium, Other), By Applications (Catalysts, Ceramics, Phosphors, Metal Alloys, Magnets, Other), By Players/Companies China Minmetals Corporation, Ganzhou Rare Earth Group, Great Western Minerals Group, Peak Resources, Greenland Minerals & Energy, Iluka Resources, Tantalus Rare Earths, Ucore Rare Metals, International Ferro Metals, Lynas Corporation, Molybdenum Corporation of America, Arafura Resources, Avalon Rare Metals, Molycorp Metals and Alloys, Northern Minerals, Orbite Aluminae, Aluminum Corporation of China, Shin-Etsu Chemical, Stans Energy, Quest Rare Minerals, Rare Element Resources, Rising Nonferrous Metals Share”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rare Earth Elements (REE) Market Research Report
By Type
Cerium, Neodymium, Lanthanum, Dysprosium, Terbium, Yttrium, Other
By Application
Catalysts, Ceramics, Phosphors, Metal Alloys, Magnets, Other
By Companies
China Minmetals Corporation, Ganzhou Rare Earth Group, Great Western Minerals Group, Peak Resources, Greenland Minerals & Energy, Iluka Resources, Tantalus Rare Earths, Ucore Rare Metals, International Ferro Metals, Lynas Corporation, Molybdenum Corporation of America, Arafura Resources, Avalon Rare Metals, Molycorp Metals and Alloys, Northern Minerals, Orbite Aluminae, Aluminum Corporation of China, Shin-Etsu Chemical, Stans Energy, Quest Rare Minerals, Rare Element Resources, Rising Nonferrous Metals Share
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Rare Earth Elements (REE) Market Report Segments:
The global Rare Earth Elements (REE) market is segmented on the basis of:
Types
Cerium, Neodymium, Lanthanum, Dysprosium, Terbium, Yttrium, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Catalysts, Ceramics, Phosphors, Metal Alloys, Magnets, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- China Minmetals Corporation
- Ganzhou Rare Earth Group
- Great Western Minerals Group
- Peak Resources
- Greenland Minerals & Energy
- Iluka Resources
- Tantalus Rare Earths
- Ucore Rare Metals
- International Ferro Metals
- Lynas Corporation
- Molybdenum Corporation of America
- Arafura Resources
- Avalon Rare Metals
- Molycorp Metals and Alloys
- Northern Minerals
- Orbite Aluminae
- Aluminum Corporation of China
- Shin-Etsu Chemical
- Stans Energy
- Quest Rare Minerals
- Rare Element Resources
- Rising Nonferrous Metals Share
 Market Overview.svg)
Highlights of The Rare Earth Elements (REE) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cerium
- Neodymium
- Lanthanum
- Dysprosium
- Terbium
- Yttrium
- Other
- By Application:
- Catalysts
- Ceramics
- Phosphors
- Metal Alloys
- Magnets
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Rare Earth Elements (REE) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Rare Earth Elements are a group of seventeen elements that are not found in nature in significant quantities. They are often used to make electronic devices and other technologies work properly.
Some of the major companies in the rare earth elements (ree) market are China Minmetals Corporation, Ganzhou Rare Earth Group, Great Western Minerals Group, Peak Resources, Greenland Minerals & Energy, Iluka Resources, Tantalus Rare Earths, Ucore Rare Metals, International Ferro Metals, Lynas Corporation, Molybdenum Corporation of America, Arafura Resources, Avalon Rare Metals, Molycorp Metals and Alloys, Northern Minerals, Orbite Aluminae, Aluminum Corporation of China, Shin-Etsu Chemical, Stans Energy, Quest Rare Minerals, Rare Element Resources, Rising Nonferrous Metals Share.
The rare earth elements (ree) market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rare Earth Elements (REE) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Rare Earth Elements (REE) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rare Earth Elements (REE) Market - Supply Chain
4.5. Global Rare Earth Elements (REE) Market Forecast
4.5.1. Rare Earth Elements (REE) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rare Earth Elements (REE) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rare Earth Elements (REE) Market Absolute $ Opportunity
5. Global Rare Earth Elements (REE) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Rare Earth Elements (REE) Market Size and Volume Forecast by Type
5.3.1. Cerium
5.3.2. Neodymium
5.3.3. Lanthanum
5.3.4. Dysprosium
5.3.5. Terbium
5.3.6. Yttrium
5.3.7. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rare Earth Elements (REE) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Rare Earth Elements (REE) Market Size and Volume Forecast by Application
6.3.1. Catalysts
6.3.2. Ceramics
6.3.3. Phosphors
6.3.4. Metal Alloys
6.3.5. Magnets
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rare Earth Elements (REE) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Rare Earth Elements (REE) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Rare Earth Elements (REE) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Rare Earth Elements (REE) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Rare Earth Elements (REE) Demand Share Forecast, 2019-2026
9. North America Rare Earth Elements (REE) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Rare Earth Elements (REE) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Rare Earth Elements (REE) Market Size and Volume Forecast by Application
9.4.1. Catalysts
9.4.2. Ceramics
9.4.3. Phosphors
9.4.4. Metal Alloys
9.4.5. Magnets
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rare Earth Elements (REE) Market Size and Volume Forecast by Type
9.7.1. Cerium
9.7.2. Neodymium
9.7.3. Lanthanum
9.7.4. Dysprosium
9.7.5. Terbium
9.7.6. Yttrium
9.7.7. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Rare Earth Elements (REE) Demand Share Forecast, 2019-2026
10. Latin America Rare Earth Elements (REE) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Rare Earth Elements (REE) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Rare Earth Elements (REE) Market Size and Volume Forecast by Application
10.4.1. Catalysts
10.4.2. Ceramics
10.4.3. Phosphors
10.4.4. Metal Alloys
10.4.5. Magnets
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rare Earth Elements (REE) Market Size and Volume Forecast by Type
10.7.1. Cerium
10.7.2. Neodymium
10.7.3. Lanthanum
10.7.4. Dysprosium
10.7.5. Terbium
10.7.6. Yttrium
10.7.7. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Rare Earth Elements (REE) Demand Share Forecast, 2019-2026
11. Europe Rare Earth Elements (REE) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Rare Earth Elements (REE) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Rare Earth Elements (REE) Market Size and Volume Forecast by Application
11.4.1. Catalysts
11.4.2. Ceramics
11.4.3. Phosphors
11.4.4. Metal Alloys
11.4.5. Magnets
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rare Earth Elements (REE) Market Size and Volume Forecast by Type
11.7.1. Cerium
11.7.2. Neodymium
11.7.3. Lanthanum
11.7.4. Dysprosium
11.7.5. Terbium
11.7.6. Yttrium
11.7.7. Other
11.8. Bsis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Rare Earth Elements (REE) Demand Share, 2019-2026
12. Asia Pacific Rare Earth Elements (REE) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Rare Earth Elements (REE) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Rare Earth Elements (REE) Market Size and Volume Forecast by Application
12.4.1. Catalysts
12.4.2. Ceramics
12.4.3. Phosphors
12.4.4. Metal Alloys
12.4.5. Magnets
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rare Earth Elements (REE) Market Size and Volume Forecast by Type
12.7.1. Cerium
12.7.2. Neodymium
12.7.3. Lanthanum
12.7.4. Dysprosium
12.7.5. Terbium
12.7.6. Yttrium
12.7.7. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Rare Earth Elements (REE) Demand Share, 2019-2026
13. Middle East & Africa Rare Earth Elements (REE) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Rare Earth Elements (REE) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Rare Earth Elements (REE) Market Size and Volume Forecast by Application
13.4.1. Catalysts
13.4.2. Ceramics
13.4.3. Phosphors
13.4.4. Metal Alloys
13.4.5. Magnets
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rare Earth Elements (REE) Market Size and Volume Forecast by Type
13.7.1. Cerium
13.7.2. Neodymium
13.7.3. Lanthanum
13.7.4. Dysprosium
13.7.5. Terbium
13.7.6. Yttrium
13.7.7. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Rare Earth Elements (REE) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rare Earth Elements (REE) Market: Market Share Analysis
14.2. Rare Earth Elements (REE) Distributors and Customers
14.3. Rare Earth Elements (REE) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. China Minmetals Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ganzhou Rare Earth Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Great Western Minerals Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Peak Resources
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Greenland Minerals & Energy
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Iluka Resources
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tantalus Rare Earths
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ucore Rare Metals
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. International Ferro Metals
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lynas Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Molybdenum Corporation of America
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Arafura Resources
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Avalon Rare Metals
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Molycorp Metals and Alloys
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Northern Minerals
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Orbite Aluminae
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Aluminum Corporation of China
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Shin-Etsu Chemical
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Stans Energy
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Quest Rare Minerals
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4.&n
