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Rare Earth Elements: Global Strategic Business Report

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    Report

  • 92 Pages
  • February 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5304089

Global Rare Earth Elements Market to Reach 12.6 Million Tons by 2030

The global market for Rare Earth Elements estimated at 5.1 Million Tons in the year 2022, is projected to reach a revised size of 12.6 Million Tons by 2030, growing at a CAGR of 11.9% over the analysis period 2022-2030. Neodymium, one of the segments analyzed in the report, is projected to record a 12% CAGR and reach 3.7 Million Tons by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cerium segment is readjusted to a revised 11.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at 1.5 Million Tons, While China is Forecast to Grow at 11% CAGR

The Rare Earth Elements market in the U.S. is estimated at 1.5 Million Tons in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of 2.1 Million Tons by the year 2030 trailing a CAGR of 11% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.8% and 10.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR.

Select Competitors (Total 36 Featured) -

  • Alkane Resources Ltd
  • Arafura Resources Ltd
  • Arnold Magnetic Technologies
  • Avalon Advanced Materials Inc.
  • China Northern Rare Earth (Group) High-Tech Co., Ltd.
  • Greenland Minerals Ltd
  • Hitachi Metals Ltd.
  • Iluka Resources Limited
  • Indian Rare Earth Limited
  • Lynas Corporation Ltd
  • Namibia Critical Metals Inc.
  • Northern Minerals Ltd
  • Rare Element Resources Ltd.
  • Shin-Etsu Chemical Co., Ltd.
  • Ucore Rare Metals Inc.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Rare Earth Elements - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Rare Earth Elements by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Rare Earth Elements by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2012 through 2021 and % CAGR
  • Table 3: World 18-Year Perspective for Rare Earth Elements by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Cerium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Cerium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2012 through 2021 and % CAGR
  • Table 6: World 18-Year Perspective for Cerium by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Lanthanum by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Lanthanum by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2012 through 2021 and % CAGR
  • Table 9: World 18-Year Perspective for Lanthanum by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Praseodymium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Praseodymium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2012 through 2021 and % CAGR
  • Table 12: World 18-Year Perspective for Praseodymium by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Neodymium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Neodymium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2012 through 2021 and % CAGR
  • Table 15: World 18-Year Perspective for Neodymium by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Samarium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Samarium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2012 through 2021 and % CAGR
  • Table 18: World 18-Year Perspective for Samarium by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Europium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Europium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2012 through 2021 and % CAGR
  • Table 21: World 18-Year Perspective for Europium by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Gadolinium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Gadolinium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2012 through 2021 and % CAGR
  • Table 24: World 18-Year Perspective for Gadolinium by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2023 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2022 through 2030 and % CAGR
  • Table 26: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2012 through 2021 and % CAGR
  • Table 27: World 18-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2023 & 2030
  • Table 28: World Rare Earth Elements Market Analysis of Annual Sales in Thousand Tons for Years 2012 through 2030
  • Table 29: World Recent Past, Current & Future Analysis for Metal Alloys by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2022 through 2030 and % CAGR
  • Table 30: World Historic Review for Metal Alloys by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2012 through 2021 and % CAGR
  • Table 31: World 18-Year Perspective for Metal Alloys by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2023 & 2030
  • Table 32: World Recent Past, Current & Future Analysis for Glass Polishing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2022 through 2030 and % CAGR
  • Table 33: World Historic Review for Glass Polishing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2012 through 2021 and % CAGR
  • Table 34: World 18-Year Perspective for Glass Polishing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2023 & 2030
  • Table 35: World Recent Past, Current & Future Analysis for Glass Additives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2022 through 2030 and % CAGR
  • Table 36: World Historic Review for Glass Additives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2012 through 2021 and % CAGR
  • Table 37: World 18-Year Perspective for Glass Additives by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2023 & 2030
  • Table 38: World Recent Past, Current & Future Analysis for Phosphors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2022 through 2030 and % CAGR
  • Table 39: World Historic Review for Phosphors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2012 through 2021 and % CAGR
  • Table 40: World 18-Year Perspective for Phosphors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2023 & 2030
  • Table 41: World Recent Past, Current & Future Analysis for Ceramics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2022 through 2030 and % CAGR
  • Table 42: World Historic Review for Ceramics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2012 through 2021 and % CAGR
  • Table 43: World 18-Year Perspective for Ceramics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2023 & 2030
  • Table 44: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2022 through 2030 and % CAGR
  • Table 45: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2012 through 2021 and % CAGR
  • Table 46: World 18-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2023 & 2030
  • Table 47: World Recent Past, Current & Future Analysis for Permanent Magnets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2022 through 2030 and % CAGR
  • Table 48: World Historic Review for Permanent Magnets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Thousand Tons for Years 2012 through 2021 and % CAGR
  • Table 49: World 18-Year Perspective for Permanent Magnets by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2023 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Rare Earth Elements Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Rare Earth Elements Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Rare Earth Elements Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Rare Earth Elements Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Rare Earth Elements Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Rare Earth Elements Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Rare Earth Elements Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
REST OF EUROPE
ASIA-PACIFIC
  • Rare Earth Elements Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
REST OF WORLDIV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Alkane Resources Ltd
  • Arafura Resources Ltd
  • Arnold Magnetic Technologies
  • Avalon Advanced Materials Inc.
  • China Northern Rare Earth (Group) High-Tech Co., Ltd.
  • Greenland Minerals Ltd
  • Hitachi Metals Ltd.
  • Iluka Resources Limited
  • Indian Rare Earth Limited
  • Lynas Corporation Ltd
  • Namibia Critical Metals Inc.
  • Northern Minerals Ltd
  • Rare Element Resources Ltd.
  • Shin-Etsu Chemical Co., Ltd.
  • Ucore Rare Metals Inc.