Report overview
Rare earth metals are vital to the world?s economy. They are essential to developing technologies in the communications, electronics, and military weapons markets. It is widely used in metallurgy, rare earth permanent magnet material and hydrogen storage material.
Rare earth metals typically include scandium (Sc-21), yttrium (Y-39), lanthanum (La-57), cerium (Ce-58), praseodymium (Pr-59), neodymium (Nd-60), promethium (Pm-61), samarium (Sm-62), europium (Eu-63), gadolinium (Gd-64), terbium (Tb-65), dysprosium (Dy-66), holmium (Ho-67), erbium (Er-68), thulium (Tm-69), ytterbium (Yb-70), and lutetium (Lu-71).
This report aims to provide a comprehensive presentation of the global market for Rare Earth Metals, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Rare Earth Metals. This report contains market size and forecasts of Rare Earth Metals in global, including the following market information:
Global Rare Earth Metals Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Rare Earth Metals Market Sales, 2018-2023, 2024-2029, (Ton)
Global top five Rare Earth Metals companies in 2022 (%)
The global Rare Earth Metals market was valued at US$ 751.1 million in 2022 and is projected to reach US$ 371.5 million by 2029, at a CAGR of -9.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Rare Earth Metals key players include Beifang Rare Earth, Integral Materials Investment Vietnam, Grirem Advanced Materials, Chenguang Rare Earths New Material, Jiangtong Rare Earth, etc. Global top five manufacturers hold a share over 60%.
China is the largest market, with a share over 80%.
In terms of product, Pr-Nd is the largest segment, with a share over 70%. And in terms of application, the largest application is Rare Earth Permanent Magnet Material, followed by Metallurgy, Hydrogen Storage Material, etc.
We surveyed the Rare Earth Metals manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Rare Earth Metals Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Ton)
Global Rare Earth Metals Market Segment Percentages, by Type, 2022 (%)
Pr-Nd
La-Ce
La
Ce
Pr
Nd
Others
Global Rare Earth Metals Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Ton)
Global Rare Earth Metals Market Segment Percentages, by Application, 2022 (%)
Metallurgy
Rare Earth Permanent Magnet Material
Hydrogen Storage Material
Others
Global Rare Earth Metals Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Ton)
Global Rare Earth Metals Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Rare Earth Metals revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Rare Earth Metals revenues share in global market, 2022 (%)
Key companies Rare Earth Metals sales in global market, 2018-2023 (Estimated), (Ton)
Key companies Rare Earth Metals sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Rare Earth Metals, market overview.
Chapter 2: Global Rare Earth Metals market size in revenue and volume.
Chapter 3: Detailed analysis of Rare Earth Metals manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Rare Earth Metals in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Rare Earth Metals capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
