Global Rare Metals Market Research Report 2023(Status and Outlook)
Report Overview
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 Size was estimated at USD 10660 million in 2022 and is projected to reach USD 18507.51 million by 2029, exhibiting a CAGR of 8.20% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Rare Metals market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Rare Metals Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Rare Metals market in any manner.
Global Rare Metals Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
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.
Market Segmentation (by Type)
Cerium
Dysprosium
Erbium
Europium
Gadolinium
Holmium
Lanthanum
Lutetium
Neodymium
Others
Market Segmentation (by Application)
Powerboats
Sailboats
Cruise Liner
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Rare Metals Market
Overview of the regional outlook of the Rare Metals Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Rare Metals
- 1.2 Key Market Segments
- 1.2.1 Rare Metals Segment by Type
- 1.2.2 Rare Metals Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Rare Metals Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Rare Metals Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Rare Metals Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Rare Metals Market Competitive Landscape
- 3.1 Global Rare Metals Sales by Manufacturers (2018-2023)
- 3.2 Global Rare Metals Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Rare Metals Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Rare Metals Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Rare Metals Sales Sites, Area Served, Product Type
- 3.6 Rare Metals Market Competitive Situation and Trends
- 3.6.1 Rare Metals Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Rare Metals Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Rare Metals Industry Chain Analysis
- 4.1 Rare Metals Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Rare Metals Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Rare Metals Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Rare Metals Sales Market Share by Type (2018-2023)
- 6.3 Global Rare Metals Market Size Market Share by Type (2018-2023)
- 6.4 Global Rare Metals Price by Type (2018-2023)
- 7 Rare Metals Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Rare Metals Market Sales by Application (2018-2023)
- 7.3 Global Rare Metals Market Size (M USD) by Application (2018-2023)
- 7.4 Global Rare Metals Sales Growth Rate by Application (2018-2023)
- 8 Rare Metals Market Segmentation by Region
- 8.1 Global Rare Metals Sales by Region
- 8.1.1 Global Rare Metals Sales by Region
- 8.1.2 Global Rare Metals Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Rare Metals Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Rare Metals Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Rare Metals Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Rare Metals Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Rare Metals Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 Iluka Resources Limited
- 9.1.1 Iluka Resources Limited Rare Metals Basic Information
- 9.1.2 Iluka Resources Limited Rare Metals Product Overview
- 9.1.3 Iluka Resources Limited Rare Metals Product Market Performance
- 9.1.4 Iluka Resources Limited Business Overview
- 9.1.5 Iluka Resources Limited Rare Metals SWOT Analysis
- 9.1.6 Iluka Resources Limited Recent Developments
- 9.2 Lynas Corporation, Ltd.
- 9.2.1 Lynas Corporation, Ltd. Rare Metals Basic Information
- 9.2.2 Lynas Corporation, Ltd. Rare Metals Product Overview
- 9.2.3 Lynas Corporation, Ltd. Rare Metals Product Market Performance
- 9.2.4 Lynas Corporation, Ltd. Business Overview
- 9.2.5 Lynas Corporation, Ltd. Rare Metals SWOT Analysis
- 9.2.6 Lynas Corporation, Ltd. Recent Developments
- 9.3 Greenland Minerals and Energy Ltd.
- 9.3.1 Greenland Minerals and Energy Ltd. Rare Metals Basic Information
- 9.3.2 Greenland Minerals and Energy Ltd. Rare Metals Product Overview
- 9.3.3 Greenland Minerals and Energy Ltd. Rare Metals Product Market Performance
- 9.3.4 Greenland Minerals and Energy Ltd. Business Overview
- 9.3.5 Greenland Minerals and Energy Ltd. Rare Metals SWOT Analysis
- 9.3.6 Greenland Minerals and Energy Ltd. Recent Developments
- 9.4 Northern Minerals Limited
- 9.4.1 Northern Minerals Limited Rare Metals Basic Information
- 9.4.2 Northern Minerals Limited Rare Metals Product Overview
- 9.4.3 Northern Minerals Limited Rare Metals Product Market Performance
- 9.4.4 Northern Minerals Limited Business Overview
- 9.4.5 Northern Minerals Limited Rare Metals SWOT Analysis
- 9.4.6 Northern Minerals Limited Recent Developments
- 9.5 Alkane Resources Ltd
- 9.5.1 Alkane Resources Ltd Rare Metals Basic Information
- 9.5.2 Alkane Resources Ltd Rare Metals Product Overview
- 9.5.3 Alkane Resources Ltd Rare Metals Product Market Performance
- 9.5.4 Alkane Resources Ltd Business Overview
- 9.5.5 Alkane Resources Ltd Rare Metals SWOT Analysis
- 9.5.6 Alkane Resources Ltd Recent Developments
- 9.6 Rising Nonferrous Metals Co., Ltd
- 9.6.1 Rising Nonferrous Metals Co., Ltd Rare Metals Basic Information
- 9.6.2 Rising Nonferrous Metals Co., Ltd Rare Metals Product Overview
- 9.6.3 Rising Nonferrous Metals Co., Ltd Rare Metals Product Market Performance
- 9.6.4 Rising Nonferrous Metals Co., Ltd Business Overview
- 9.6.5 Rising Nonferrous Metals Co., Ltd Recent Developments
- 9.7 Arafura Resources Ltd.
- 9.7.1 Arafura Resources Ltd. Rare Metals Basic Information
- 9.7.2 Arafura Resources Ltd. Rare Metals Product Overview
- 9.7.3 Arafura Resources Ltd. Rare Metals Product Market Performance
- 9.7.4 Arafura Resources Ltd. Business Overview
- 9.7.5 Arafura Resources Ltd. Recent Developments
- 9.8 Canada Rare Earth Corporation
- 9.8.1 Canada Rare Earth Corporation Rare Metals Basic Information
- 9.8.2 Canada Rare Earth Corporation Rare Metals Product Overview
- 9.8.3 Canada Rare Earth Corporation Rare Metals Product Market Performance
- 9.8.4 Canada Rare Earth Corporation Business Overview
- 9.8.5 Canada Rare Earth Corporation Recent Developments
- 9.9 China Minmetals Rare Earth Co., Ltd
- 9.9.1 China Minmetals Rare Earth Co., Ltd Rare Metals Basic Information
- 9.9.2 China Minmetals Rare Earth Co., Ltd Rare Metals Product Overview
- 9.9.3 China Minmetals Rare Earth Co., Ltd Rare Metals Product Market Performance
- 9.9.4 China Minmetals Rare Earth Co., Ltd Business Overview
- 9.9.5 China Minmetals Rare Earth Co., Ltd Recent Developments
- 9.10 Indian Rare Earths Limited
- 9.10.1 Indian Rare Earths Limited Rare Metals Basic Information
- 9.10.2 Indian Rare Earths Limited Rare Metals Product Overview
- 9.10.3 Indian Rare Earths Limited Rare Metals Product Market Performance
- 9.10.4 Indian Rare Earths Limited Business Overview
- 9.10.5 Indian Rare Earths Limited Recent Developments
- 9.11 Neo Performance Materials Inc.
- 9.11.1 Neo Performance Materials Inc. Rare Metals Basic Information
- 9.11.2 Neo Performance Materials Inc. Rare Metals Product Overview
- 9.11.3 Neo Performance Materials Inc. Rare Metals Product Market Performance
- 9.11.4 Neo Performance Materials Inc. Business Overview
- 9.11.5 Neo Performance Materials Inc. Recent Developments
- 9.12 Avalon Rare Metals
- 9.12.1 Avalon Rare Metals Rare Metals Basic Information
- 9.12.2 Avalon Rare Metals Rare Metals Product Overview
- 9.12.3 Avalon Rare Metals Rare Metals Product Market Performance
- 9.12.4 Avalon Rare Metals Business Overview
- 9.12.5 Avalon Rare Metals Recent Developments
- 9.13 Great Western Minerals Group Ltd.
- 9.13.1 Great Western Minerals Group Ltd. Rare Metals Basic Information
- 9.13.2 Great Western Minerals Group Ltd. Rare Metals Product Overview
- 9.13.3 Great Western Minerals Group Ltd. Rare Metals Product Market Performance
- 9.13.4 Great Western Minerals Group Ltd. Business Overview
- 9.13.5 Great Western Minerals Group Ltd. Recent Developments
- 10 Rare Metals Market Forecast by Region
- 10.1 Global Rare Metals Market Size Forecast
- 10.2 Global Rare Metals Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Rare Metals Market Size Forecast by Country
- 10.2.3 Asia Pacific Rare Metals Market Size Forecast by Region
- 10.2.4 South America Rare Metals Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Rare Metals by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Rare Metals Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Rare Metals by Type (2024-2029)
- 11.1.2 Global Rare Metals Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Rare Metals by Type (2024-2029)
- 11.2 Global Rare Metals Market Forecast by Application (2024-2029)
- 11.2.1 Global Rare Metals Sales (K MT) Forecast by Application
- 11.2.2 Global Rare Metals Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
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