Rare Earth Metals Market, By Metals, By Application, and By Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Rare earth metals, also known as rare-earths, are a group of 17 nearly indistinguishable silvery white, nearly-matte heavy alloys. These metals, which come from the Earth's crust and are extracted through several chemical processes, are used in the electronics industry, defense applications, and in various other industries. The rare earth metals that are extracted are generally not prepared in the mining process, meaning that the alloys and minerals from the earth come to the market with great deformity and are often found in a very limited range of different shapes.

Market Dynamics

Growing demand for renewable source of energy is expected to foster the rare earth metals market growth. According to the center for climate change and energy solutions, renewables made up 26.2% of global electricity generation in 2018 and is expected to rise to 45% by 2040. will likely come from solar, wind, and hydropower. Rapid growth in end-use industries is also expected to stimulate the market growth.

On the other hand, fluctuating cost of raw materials is expected to hinder the market growth.

Key features of the study:

• This report provides an in-depth analysis of the rare earth metals market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2030 ), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global rare earth metals market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include China Northern Rare Earth (Group) High-Tech Co., Ltd, RISING NONFERROUS METALS CO., LTD, China Minmetals Rare Earth Co., Ltd, Aluminum Corporation of China Limited, Lynas Corporation, Ltd., Beijing Zhongke Sanhuan High-tech Co. Ltd., Jiangxi Tungsten Industry Group Co. Ltd., Arafura Resources Ltd., and Alkane Resources Ltd.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global rare earth metals market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global rare earth metals market

Detailed Segmentation:

Global Rare Earth Metal Market, By Metals:

• Neodymium
• yttrium
• Dysprosium
• Terbium
• Europium
• Cerium
• Lanthanum

Global Rare Earth Metal Market, By Application:

• Catalysts
• Permanent Magnets
• Metallurgy & Alloy
• Polishing

Global Rare Earth Metal Market, By Region:

• North America

By Countries:

• U.S.
• Canada
• Latin America
• By Countries
• Brazil
• Mexico
• Rest of Latin America
• Asia Pacific except Japan
• By Countries
• China
• India
• ASIAN
• Rest of Asia Pacific except Japan
• Japan
• Western Europe
• By Countries
• EU5
• BENELUX
• Nordic
• Eastern Europe
• By Countries
• Russia
• Rest of Eastern Europe
• Middle East Africa
• By Countries
• GCC
• South Africa
• Rest of Middle East Africa

Company Profiles

• China Northern Rare Earth (Group) High-Tech Co., Ltd*
• Company Overview
• Product Portfolio
• Key Strategies
• Recent Developments
• Future Plans
• RISING NONFERROUS METALS CO., LTD
• China Minmetals Rare Earth Co., Ltd
• Aluminum Corporation of China Limited
• Lynas Corporation, Ltd.
• Beijing Zhongke Sanhuan High-tech Co. Ltd.
• Jiangxi Tungsten Industry Group Co. Ltd.
• Arafura Resources Ltd.
• Alkane Resources Ltd.