The global critical mineral raw materials 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 this market is driven by the increasing demand for critical minerals in various industries such as automotive, electronics, and others.
Heavy rare earth elements are used in the manufacturing of catalytic converters and other components for automobiles; light rare earth elements are used in the production of lasers and other electronic devices; platinum group metals are used as catalysts for fuel cells and batteries among others. The automotive industry accounted for over 50% share of the global critical mineral raw materials market in 2018, followed by electronics industry with a share of around 30%. North America was estimated to account for over 40% share of this market in 2018 due to its high demand from automobile manufacturers such as General Motors Company (GM) and Ford Motor Company (F).
Some Of The Growth Factors Of This Market:
- The global population is expected to reach 9 billion by 2050, which will increase the demand for food and water.
- The world's population is aging, which will increase the demand for healthcare products and services.
- The world's population is urbanizing, which will increase the demand for housing and infrastructure development in urban areas.
- Developing countries are experiencing rapid economic growth, which will lead to increased demand for consumer goods and services as well as industrial raw materials such as minerals.
- Countries are becoming increasingly reliant on imports of mineral raw materials due to a lack of domestic resources.
Industry Growth Insights published a new data on “Critical Mineral Raw Materials Market”. The research report is titled “Critical Mineral Raw Materials Market research by Types (Heavy Rare Earth Elements, Light Rare Earth Elements, Platinum Group Metals, Others), By Applications (Automotive Industry(Catalyst, Batteries), Electronics Industry(Integrated Circuits, Laser Diodes), Other), By Players/Companies Indium Corporation, Materion, Anglo American, Vale, Glencore, BHP, Rio Tinto, Barrick Gold, Newmont Mining, Anglo American, Fresnillo, CBMM, South32, Warrior Gold”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Critical Mineral Raw Materials Market Research Report
By Type
Heavy Rare Earth Elements, Light Rare Earth Elements, Platinum Group Metals, Others
By Application
Automotive Industry(Catalyst, Batteries), Electronics Industry(Integrated Circuits, Laser Diodes), Other
By Companies
Indium Corporation, Materion, Anglo American, Vale, Glencore, BHP, Rio Tinto, Barrick Gold, Newmont Mining, Anglo American, Fresnillo, CBMM, South32, Warrior Gold
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Critical Mineral Raw Materials Market Report Segments:
The global Critical Mineral Raw Materials market is segmented on the basis of:
Types
Heavy Rare Earth Elements, Light Rare Earth Elements, Platinum Group Metals, Others
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
Automotive Industry(Catalyst, Batteries), Electronics Industry(Integrated Circuits, Laser Diodes), 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:
- Indium Corporation
- Materion
- Anglo American
- Vale
- Glencore
- BHP
- Rio Tinto
- Barrick Gold
- Newmont Mining
- Anglo American
- Fresnillo
- CBMM
- South32
- Warrior Gold
Highlights of The Critical Mineral Raw Materials 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:
- Heavy Rare Earth Elements
- Light Rare Earth Elements
- Platinum Group Metals
- Others
- By Application:
- Automotive Industry(Catalyst, Batteries)
- Electronics Industry(Integrated Circuits, Laser Diodes)
- 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 Critical Mineral Raw Materials 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
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?
Critical mineral raw materials are those minerals that are essential for the production of a wide variety of products and technologies. Critical minerals can be found in many different parts of the world, but they are especially concentrated in certain regions.
Some of the major players in the critical mineral raw materials market are Indium Corporation, Materion, Anglo American, Vale, Glencore, BHP, Rio Tinto, Barrick Gold, Newmont Mining, Anglo American, Fresnillo, CBMM, South32, Warrior Gold.
The critical mineral raw materials market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Critical Mineral Raw Materials 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. Critical Mineral Raw Materials Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Critical Mineral Raw Materials Market - Supply Chain
4.5. Global Critical Mineral Raw Materials Market Forecast
4.5.1. Critical Mineral Raw Materials Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Critical Mineral Raw Materials Market Size (000 Units) and Y-o-Y Growth
4.5.3. Critical Mineral Raw Materials Market Absolute $ Opportunity
5. Global Critical Mineral Raw Materials 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. Critical Mineral Raw Materials Market Size and Volume Forecast by Type
5.3.1. Heavy Rare Earth Elements
5.3.2. Light Rare Earth Elements
5.3.3. Platinum Group Metals
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Critical Mineral Raw Materials 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. Critical Mineral Raw Materials Market Size and Volume Forecast by Application
6.3.1. Automotive Industry(Catalyst, Batteries)
6.3.2. Electronics Industry(Integrated Circuits, Laser Diodes)
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Critical Mineral Raw Materials 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. Critical Mineral Raw Materials 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 Critical Mineral Raw Materials 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. Critical Mineral Raw Materials 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 Critical Mineral Raw Materials Demand Share Forecast, 2019-2026
9. North America Critical Mineral Raw Materials 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 Critical Mineral Raw Materials 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 Critical Mineral Raw Materials Market Size and Volume Forecast by Application
9.4.1. Automotive Industry(Catalyst, Batteries)
9.4.2. Electronics Industry(Integrated Circuits, Laser Diodes)
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Critical Mineral Raw Materials Market Size and Volume Forecast by Type
9.7.1. Heavy Rare Earth Elements
9.7.2. Light Rare Earth Elements
9.7.3. Platinum Group Metals
9.7.4. Others
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 Critical Mineral Raw Materials Demand Share Forecast, 2019-2026
10. Latin America Critical Mineral Raw Materials 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 Critical Mineral Raw Materials 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 Critical Mineral Raw Materials Market Size and Volume Forecast by Application
10.4.1. Automotive Industry(Catalyst, Batteries)
10.4.2. Electronics Industry(Integrated Circuits, Laser Diodes)
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Critical Mineral Raw Materials Market Size and Volume Forecast by Type
10.7.1. Heavy Rare Earth Elements
10.7.2. Light Rare Earth Elements
10.7.3. Platinum Group Metals
10.7.4. Others
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 Critical Mineral Raw Materials Demand Share Forecast, 2019-2026
11. Europe Critical Mineral Raw Materials 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 Critical Mineral Raw Materials 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 Critical Mineral Raw Materials Market Size and Volume Forecast by Application
11.4.1. Automotive Industry(Catalyst, Batteries)
11.4.2. Electronics Industry(Integrated Circuits, Laser Diodes)
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Critical Mineral Raw Materials Market Size and Volume Forecast by Type
11.7.1. Heavy Rare Earth Elements
11.7.2. Light Rare Earth Elements
11.7.3. Platinum Group Metals
11.7.4. Others
11.8. Basis 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 Critical Mineral Raw Materials Demand Share, 2019-2026
12. Asia Pacific Critical Mineral Raw Materials 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 Critical Mineral Raw Materials 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 Critical Mineral Raw Materials Market Size and Volume Forecast by Application
12.4.1. Automotive Industry(Catalyst, Batteries)
12.4.2. Electronics Industry(Integrated Circuits, Laser Diodes)
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Critical Mineral Raw Materials Market Size and Volume Forecast by Type
12.7.1. Heavy Rare Earth Elements
12.7.2. Light Rare Earth Elements
12.7.3. Platinum Group Metals
12.7.4. Others
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 Critical Mineral Raw Materials Demand Share, 2019-2026
13. Middle East & Africa Critical Mineral Raw Materials 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 Critical Mineral Raw Materials 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 Critical Mineral Raw Materials Market Size and Volume Forecast by Application
13.4.1. Automotive Industry(Catalyst, Batteries)
13.4.2. Electronics Industry(Integrated Circuits, Laser Diodes)
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Critical Mineral Raw Materials Market Size and Volume Forecast by Type
13.7.1. Heavy Rare Earth Elements
13.7.2. Light Rare Earth Elements
13.7.3. Platinum Group Metals
13.7.4. Others
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 Critical Mineral Raw Materials Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Critical Mineral Raw Materials Market: Market Share Analysis
14.2. Critical Mineral Raw Materials Distributors and Customers
14.3. Critical Mineral Raw Materials Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Indium 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. Materion
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Anglo American
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Vale
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Glencore
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BHP
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rio Tinto
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Barrick Gold
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Newmont Mining
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Anglo American
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fresnillo
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. CBMM
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. South32
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Warrior Gold
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
