Market Overview:
Rare earth recycling is the process of extracting rare earth elements from used or discarded products and materials. The global rare earth recycling market is expected to grow at a CAGR of XX% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for permanent magnets, catalyst, glass, ceramics, phosphor and alloy manufacturing applications. Asia Pacific dominates the global rare earth recycling market with a share of XX%. This region is expected to grow at a CAGR of XX% during the forecast period. North America follows Asia Pacific with a share of XX%. Europe has a share of XX%, while Latin America has a share ofXX%.
Product Definition:
Rare earth recycling is the process of reclaiming rare earth elements from electronic waste. Rare earth recycling is important because it helps to preserve natural resources and reduce environmental pollution.
Light Rare Earth Recycling:
Light rare earths are the most abundant group of rare earth elements. They occur in mineral form and can be found in various parts of the world. Some common locations where light rare earths are found include China, Africa, U.S., Brazil, Australia and South East Asia among others.
Medium and Heavy Rare Earth Recycling:
Medium and heavy rare earth recycling is used for Rare Earth Recycling. It includes processes such as separation, concentration, recovery of valuable elements, and disposal of waste. The important steps in medium & heavy rare earth recycling are separation process (sorting), concentrates processing ( extracting metals from ores), valuable element recovery (for example: praseodymium – neodymium exchange), and waste management process.
Application Insights:
The permanent magnets segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The permanent magnets manufactured from rare earth metals have various applications such as neodymium magnets used in refrigerators and freezers, electric motors, hard disk drives, etc. Neodymium magnet is a key component of many consumer electronics products such as smartphones and laptops; hence increasing recycling rate of these products will help reduce environmental pollution caused by rare earth metal extraction activities.
Permanent magnet manufacturers are making efforts to increase production efficiency by reducing manufacturing waste through reusing & recycling of materials. For instance, Nippon Steel & Sumitomo Metal Corporation has announced plans to recycle about 25% of its scrap neodymium iron boron steel (NIS) using recycled material which will save about 1 million tons per year when compared with new production rates.
Regional Analysis:
Asia Pacific dominated the global rare earth recycling market in 2016, accounting for a share of over 74%. The region is expected to continue its dominance over the forecast period. China and Japan are among the largest consumers of rare earth elements globally. China is also one of the leading producers as well as consumers across this region.
The U.S., Canada, Germany, France and Italy are among some prominent end-use markets for rare earth recycling in Europe. However, North America has been observed to be one of the fastest-growing regions with respect to consumption trends across this industry space over recent years owing to rising demand from various sectors including automotive and electronics sector amongst others; which has led it being named as an emerging regional market for REE recycling by IMS Institute (IMS).
Growth Factors:
- Increasing demand for rare earth metals from various end-use industries
- Growing awareness about the benefits of recycling rare earth metals
- Rising prices of rare earth metals in the global market
- Stringent government regulations on mining and recycling of rare earth metals
- Technological advancements in the field of recycling
Scope Of The Report
Report Attributes
Report Details
Report Title
Rare Earth Recycling Market Research Report
By Type
Light Rare Earth Recycling, Medium and Heavy Rare Earth Recycling
By Application
Permanent Magnets, Catalyst, Glass, Ceramics, Phosphor, Alloy Manufacturing, Others
By Companies
Rhodia SA, Hitachi Metals, GEM, Geomega Resources, Taiyuan Chemical Industry, Guangsheng Nonferrous Metals, Chenzhou City Jingui, Qingdao Huicheng, Huahong Technology, Shenghe Holding, China Northern Rare Earth, Lynas, Rainbow, Zhongxi Tianma New Materials Technology, Ganzhou Chenguang Rare-Earth New Materials, Mitsubishi Materials
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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Rare Earth Recycling Market Report Segments:
The global Rare Earth Recycling market is segmented on the basis of:
Types
Light Rare Earth Recycling, Medium and Heavy Rare Earth Recycling
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
Permanent Magnets, Catalyst, Glass, Ceramics, Phosphor, Alloy Manufacturing, Others
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:
- Rhodia SA
- Hitachi Metals
- GEM
- Geomega Resources
- Taiyuan Chemical Industry
- Guangsheng Nonferrous Metals
- Chenzhou City Jingui
- Qingdao Huicheng
- Huahong Technology
- Shenghe Holding
- China Northern Rare Earth
- Lynas
- Rainbow
- Zhongxi Tianma New Materials Technology
- Ganzhou Chenguang Rare-Earth New Materials
- Mitsubishi Materials
Highlights of The Rare Earth Recycling 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:
- Light Rare Earth Recycling
- Medium and Heavy Rare Earth Recycling
- By Application:
- Permanent Magnets
- Catalyst
- Glass
- Ceramics
- Phosphor
- Alloy Manufacturing
- Others
- 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 Recycling 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?
Rare Earth Recycling is a recycling company that specializes in the collection and reprocessing of rare earth elements. These elements are found in a variety of products, including electronics, wind turbines, and missiles.
Some of the key players operating in the rare earth recycling market are Rhodia SA, Hitachi Metals, GEM, Geomega Resources, Taiyuan Chemical Industry, Guangsheng Nonferrous Metals, Chenzhou City Jingui, Qingdao Huicheng, Huahong Technology, Shenghe Holding, China Northern Rare Earth, Lynas, Rainbow, Zhongxi Tianma New Materials Technology, Ganzhou Chenguang Rare-Earth New Materials, Mitsubishi Materials.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rare Earth Recycling Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Rare Earth Recycling Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rare Earth Recycling Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Rare Earth Recycling Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Rare Earth Recycling Market Size & Forecast, 2018-2028
4.5.1 Rare Earth Recycling Market Size and Y-o-Y Growth
4.5.2 Rare Earth Recycling Market Absolute $ Opportunity
Chapter 5 Global Rare Earth Recycling Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Rare Earth Recycling Market Size Forecast by Type
5.2.1 Light Rare Earth Recycling
5.2.2 Medium and Heavy Rare Earth Recycling
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Rare Earth Recycling Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Rare Earth Recycling Market Size Forecast by Applications
6.2.1 Permanent Magnets
6.2.2 Catalyst
6.2.3 Glass
6.2.4 Ceramics
6.2.5 Phosphor
6.2.6 Alloy Manufacturing
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rare Earth Recycling Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Rare Earth Recycling Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Rare Earth Recycling Analysis and Forecast
9.1 Introduction
9.2 North America Rare Earth Recycling Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Rare Earth Recycling Market Size Forecast by Type
9.6.1 Light Rare Earth Recycling
9.6.2 Medium and Heavy Rare Earth Recycling
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Rare Earth Recycling Market Size Forecast by Applications
9.10.1 Permanent Magnets
9.10.2 Catalyst
9.10.3 Glass
9.10.4 Ceramics
9.10.5 Phosphor
9.10.6 Alloy Manufacturing
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Rare Earth Recycling Analysis and Forecast
10.1 Introduction
10.2 Europe Rare Earth Recycling Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Rare Earth Recycling Market Size Forecast by Type
10.6.1 Light Rare Earth Recycling
10.6.2 Medium and Heavy Rare Earth Recycling
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Rare Earth Recycling Market Size Forecast by Applications
10.10.1 Permanent Magnets
10.10.2 Catalyst
10.10.3 Glass
10.10.4 Ceramics
10.10.5 Phosphor
10.10.6 Alloy Manufacturing
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Rare Earth Recycling Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rare Earth Recycling Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Rare Earth Recycling Market Size Forecast by Type
11.6.1 Light Rare Earth Recycling
11.6.2 Medium and Heavy Rare Earth Recycling
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Rare Earth Recycling Market Size Forecast by Applications
11.10.1 Permanent Magnets
11.10.2 Catalyst
11.10.3 Glass
11.10.4 Ceramics
11.10.5 Phosphor
11.10.6 Alloy Manufacturing
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Rare Earth Recycling Analysis and Forecast
12.1 Introduction
12.2 Latin America Rare Earth Recycling Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Rare Earth Recycling Market Size Forecast by Type
12.6.1 Light Rare Earth Recycling
12.6.2 Medium and Heavy Rare Earth Recycling
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Rare Earth Recycling Market Size Forecast by Applications
12.10.1 Permanent Magnets
12.10.2 Catalyst
12.10.3 Glass
12.10.4 Ceramics
12.10.5 Phosphor
12.10.6 Alloy Manufacturing
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Rare Earth Recycling Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rare Earth Recycling Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Rare Earth Recycling Market Size Forecast by Type
13.6.1 Light Rare Earth Recycling
13.6.2 Medium and Heavy Rare Earth Recycling
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Rare Earth Recycling Market Size Forecast by Applications
13.10.1 Permanent Magnets
13.10.2 Catalyst
13.10.3 Glass
13.10.4 Ceramics
13.10.5 Phosphor
13.10.6 Alloy Manufacturing
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Rare Earth Recycling Market: Competitive Dashboard
14.2 Global Rare Earth Recycling Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rhodia SA
14.3.2 Hitachi Metals
14.3.3 GEM
14.3.4 Geomega Resources
14.3.5 Taiyuan Chemical Industry
14.3.6 Guangsheng Nonferrous Metals
14.3.7 Chenzhou City Jingui
14.3.8 Qingdao Huicheng
14.3.9 Huahong Technology
14.3.10 Shenghe Holding
14.3.11 China Northern Rare Earth
14.3.12 Lynas
14.3.13 Rainbow
14.3.14 Zhongxi Tianma New Materials Technology
14.3.15 Ganzhou Chenguang Rare-Earth New Materials
14.3.16 Mitsubishi Materials
