A rare-earth element (REE) or rare-earth metal (REM), as defined by IUPAC, is one of a set of seventeen chemical elements in the periodic table, specifically the fifteen lanthanides, as well as scandium and yttrium. Scandium and yttrium are considered rare-earth elements because they tend to occur in the same ore deposits as the lanthanides and exhibit similar chemical properties. For the same set of mineralogical, chemical, physical (especially electron shell configuration), and related reasons, a broader definition of rare earth elements including the actinides is encountered in some cases. Thorium is a significant component of monazite and other important rare earth minerals, and uranium and decay products are found in others. Both series of elements begin on the periodic table in group 3 under yttrium and scandium.
Growing demand for magnets in automobiles, and energy generation will majorly contribute to the growth of global rare earth metals market over the forecast period. The demand for rare earth magnets is majorly increasing by their consumption in electric and hybrid vehicles, and wind turbines. Increasing focus on utilizing clean and renewable energy is giving a substantial pressure on the electricity providers, to generate energy through renewable sources, which in turn will show a positive impact on the growth of this market.
The global Rare Metals market was valued at 11000 million US$ in 2018 and will reach 20600 million US$ by the end of 2025, growing at a CAGR of 8.2% during 2019-2025.
This report focuses on Rare Metals volume and value at global level, regional level and company level. From a global perspective, this report represents overall Rare Metals market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Rare Metals in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Rare Metals manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Iluka Resources Limited
Lynas Corporation, Ltd.
Greenland Minerals and Energy Ltd.
Northern Minerals Limited
Alkane Resources Ltd
Rising Nonferrous Metals Co., Ltd
Arafura Resources Ltd.
Canada Rare Earth Corporation
China Minmetals Rare Earth Co., Ltd
Indian Rare Earths Limited
Neo Performance Materials Inc.
Avalon Rare Metals
Great Western Minerals Group Ltd.
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Cerium
Dysprosium
Erbium
Europium
Gadolinium
Holmium
Lanthanum
Lutetium
Neodymium
Others
Segment by Application
Magnets
Colorants
Alloys
Optical Instruments
Catalysts
Others
Growing demand for magnets in automobiles, and energy generation will majorly contribute to the growth of global rare earth metals market over the forecast period. The demand for rare earth magnets is majorly increasing by their consumption in electric and hybrid vehicles, and wind turbines. Increasing focus on utilizing clean and renewable energy is giving a substantial pressure on the electricity providers, to generate energy through renewable sources, which in turn will show a positive impact on the growth of this market.
The global Rare Metals market was valued at 11000 million US$ in 2018 and will reach 20600 million US$ by the end of 2025, growing at a CAGR of 8.2% during 2019-2025.
This report focuses on Rare Metals volume and value at global level, regional level and company level. From a global perspective, this report represents overall Rare Metals market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Rare Metals in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Rare Metals manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Iluka Resources Limited
Lynas Corporation, Ltd.
Greenland Minerals and Energy Ltd.
Northern Minerals Limited
Alkane Resources Ltd
Rising Nonferrous Metals Co., Ltd
Arafura Resources Ltd.
Canada Rare Earth Corporation
China Minmetals Rare Earth Co., Ltd
Indian Rare Earths Limited
Neo Performance Materials Inc.
Avalon Rare Metals
Great Western Minerals Group Ltd.
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Cerium
Dysprosium
Erbium
Europium
Gadolinium
Holmium
Lanthanum
Lutetium
Neodymium
Others
Segment by Application
Magnets
Colorants
Alloys
Optical Instruments
Catalysts
Others
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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