The global rare earth metals market is expected to grow at a CAGR of 4.5% from 2021 to 2030. The growth of the market can be attributed to the increasing demand for rare earth metals in various applications such as metallurgy, permanent magnet material, and hydrogen storage material. The demand for rare earth metals is also driven by their use in renewable energy technologies such as wind turbines and solar panels. The global rare earth metal market has been segmented on the basis of type, application, and region. On the basis of type, it has been segmented into single rare earth metal and mixed rare earth metal; on the basis of application it has been segmented into metallurgy, permanent magnet material, hydrogen storage material; on the basis of region it has been segmented into North America (US & Canada), Latin America (Brazil & Mexico), Europe (Germany & UK), Asia Pacific (China & Japan) and Middle East & Africa (Saudi Arabia).
Some Of The Growth Factors Of This Market:
- The demand for rare earth metals is expected to grow due to the increasing use in renewable energy and electric vehicles, as well as the growing need for high-tech products such as smartphones and tablets.
- China has been dominating the global production of rare earth metals, accounting for more than 90% of total production in 2015, but it has been reducing its exports since 2010 due to environmental concerns and resource depletion.
- China's dominance in this market will continue until 2020 when it will be overtaken by India.
- Japan's consumption of rare earth metals was around 1 million tons per year in 2015.
Industry Growth Insights published a new data on “Rare Earth Metals Market”. The research report is titled “Rare Earth Metals Market research by Types (Single Rare Earth Metal, Mixed Rare Earth Metal), By Applications (Metallurgy, Rare Earth Permanent Magnet Material, Hydrogen Storage Material, Others), By Players/Companies Beifang Rare Earth, Integral Materials Investment Vietnam, Chenguang Rare Earths New Material, Sunlux Rare Metal, Grirem Advanced Materials, Baotou Xinye New Materials, Ganzhou Rare Earth Metals, Jiangtong Rare Earth, Xiamen Tungsten, Shenghe Resources, Yiyang Hongyuan Rare Earth”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rare Earth Metals Market Research Report
By Type
Single Rare Earth Metal, Mixed Rare Earth Metal
By Application
Metallurgy, Rare Earth Permanent Magnet Material, Hydrogen Storage Material, Others
By Companies
Beifang Rare Earth, Integral Materials Investment Vietnam, Chenguang Rare Earths New Material, Sunlux Rare Metal, Grirem Advanced Materials, Baotou Xinye New Materials, Ganzhou Rare Earth Metals, Jiangtong Rare Earth, Xiamen Tungsten, Shenghe Resources, Yiyang Hongyuan Rare Earth
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Rare Earth Metals Market Report Segments:
The global Rare Earth Metals market is segmented on the basis of:
Types
Single Rare Earth Metal, Mixed Rare Earth Metal
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
Metallurgy, Rare Earth Permanent Magnet Material, Hydrogen Storage Material, 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:
- Beifang Rare Earth
- Integral Materials Investment Vietnam
- Chenguang Rare Earths New Material
- Sunlux Rare Metal
- Grirem Advanced Materials
- Baotou Xinye New Materials
- Ganzhou Rare Earth Metals
- Jiangtong Rare Earth
- Xiamen Tungsten
- Shenghe Resources
- Yiyang Hongyuan Rare Earth
Highlights of The Rare Earth Metals 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:
- Single Rare Earth Metal
- Mixed Rare Earth Metal
- By Application:
- Metallurgy
- Rare Earth Permanent Magnet Material
- Hydrogen Storage Material
- 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 Metals 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 metals are a group of elements that are not found in nature in significant quantities. They include cerium, lanthanum, neodymium, praseodymium and samarium.
Some of the key players operating in the rare earth metals market are Beifang Rare Earth, Integral Materials Investment Vietnam, Chenguang Rare Earths New Material, Sunlux Rare Metal, Grirem Advanced Materials, Baotou Xinye New Materials, Ganzhou Rare Earth Metals, Jiangtong Rare Earth, Xiamen Tungsten, Shenghe Resources, Yiyang Hongyuan Rare Earth.
The rare earth metals market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rare Earth Metals 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 Metals 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 Metals Market - Supply Chain
4.5. Global Rare Earth Metals Market Forecast
4.5.1. Rare Earth Metals Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rare Earth Metals Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rare Earth Metals Market Absolute $ Opportunity
5. Global Rare Earth Metals 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 Metals Market Size and Volume Forecast by Type
5.3.1. Single Rare Earth Metal
5.3.2. Mixed Rare Earth Metal
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rare Earth Metals 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 Metals Market Size and Volume Forecast by Application
6.3.1. Metallurgy
6.3.2. Rare Earth Permanent Magnet Material
6.3.3. Hydrogen Storage Material
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rare Earth Metals 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 Metals 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 Metals 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 Metals 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 Metals Demand Share Forecast, 2019-2026
9. North America Rare Earth Metals 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 Metals 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 Metals Market Size and Volume Forecast by Application
9.4.1. Metallurgy
9.4.2. Rare Earth Permanent Magnet Material
9.4.3. Hydrogen Storage Material
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rare Earth Metals Market Size and Volume Forecast by Type
9.7.1. Single Rare Earth Metal
9.7.2. Mixed Rare Earth Metal
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 Metals Demand Share Forecast, 2019-2026
10. Latin America Rare Earth Metals 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 Metals 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 Metals Market Size and Volume Forecast by Application
10.4.1. Metallurgy
10.4.2. Rare Earth Permanent Magnet Material
10.4.3. Hydrogen Storage Material
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rare Earth Metals Market Size and Volume Forecast by Type
10.7.1. Single Rare Earth Metal
10.7.2. Mixed Rare Earth Metal
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 Metals Demand Share Forecast, 2019-2026
11. Europe Rare Earth Metals 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 Metals 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 Metals Market Size and Volume Forecast by Application
11.4.1. Metallurgy
11.4.2. Rare Earth Permanent Magnet Material
11.4.3. Hydrogen Storage Material
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rare Earth Metals Market Size and Volume Forecast by Type
11.7.1. Single Rare Earth Metal
11.7.2. Mixed Rare Earth Metal
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 Rare Earth Metals Demand Share, 2019-2026
12. Asia Pacific Rare Earth Metals 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 Metals 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 Metals Market Size and Volume Forecast by Application
12.4.1. Metallurgy
12.4.2. Rare Earth Permanent Magnet Material
12.4.3. Hydrogen Storage Material
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rare Earth Metals Market Size and Volume Forecast by Type
12.7.1. Single Rare Earth Metal
12.7.2. Mixed Rare Earth Metal
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 Metals Demand Share, 2019-2026
13. Middle East & Africa Rare Earth Metals 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 Metals 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 Metals Market Size and Volume Forecast by Application
13.4.1. Metallurgy
13.4.2. Rare Earth Permanent Magnet Material
13.4.3. Hydrogen Storage Material
13.4.4. Others
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 Metals Market Size and Volume Forecast by Type
13.7.1. Single Rare Earth Metal
13.7.2. Mixed Rare Earth Metal
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 Metals Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rare Earth Metals Market: Market Share Analysis
14.2. Rare Earth Metals Distributors and Customers
14.3. Rare Earth Metals Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Beifang Rare Earth
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Integral Materials Investment Vietnam
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Chenguang Rare Earths New Material
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sunlux Rare Metal
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Grirem Advanced Materials
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Baotou Xinye New Materials
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ganzhou Rare Earth Metals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jiangtong Rare Earth
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Xiamen Tungsten
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shenghe Resources
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Yiyang Hongyuan Rare Earth
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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