Rare Earth Metals Market, By Metals (Neodymium, Yttrium, Dysprosium, Terbium, Europium, Cerium, Lanthanum), By Application (Catalysts, Permanent Magnets, Metallurgy & Alloys, Polishing), By Region (North America, Asia Pacific except Japan, Japan ,Latin America ,Western Europe, Eastern Europe, Middle East Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
The rare earth metals, also known as the rare earth metals or 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, in 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 growth of the rare earth metals market. According to the center for climate change and energy solutions, renewables made up 26.2 percent of global electricity generation in 2018. That’s expected to rise to 45 percent by 2040. Most of the increase will likely come from solar, wind, and hydropower. Rapid growth in the end-user industries is again expected to stimulate growth of the market.
On the other hand, fluctuating cost of raw materials is expected to hinder growth of the market.
Key features of the study:
This report provides 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 (2022-2028), 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 Metals
Neodymium
yttrium
Dysprosium
Terbium
Europium
Cerium
Lanthanum
By Application
Catalysts
Permanent Magnets
Metallurgy & Alloy
Polishing
By Countries:
U.S.
Canada
Latin America
By Metals
Neodymium
yttrium
Dysprosium
Terbium
Europium
Cerium
Lanthanum
By Application
Catalysts
Permanent Magnets
Metallurgy & Alloy
Polishing
By Countries
Brazil
Mexico
Rest of Latin America
Asia Pacific except Japan
By Metals
Neodymium
yttrium
Dysprosium
Terbium
Europium
Cerium
Lanthanum
By Application
Catalysts
Permanent Magnets
Metallurgy & Alloy
Polishing
By Countries
China
India
ASIAN
Rest of Asia Pacific except japan
Japan
By Metals
Neodymium
yttrium
Dysprosium
Terbium
Europium
Cerium
Lanthanum
By Application
Catalysts
Permanent Magnets
Metallurgy & Alloy
Polishing
Western Europe
By Metals
Neodymium
yttrium
Dysprosium
Terbium
Europium
Cerium
Lanthanum
By Application
Catalysts
Permanent Magnets
Metallurgy & Alloy
Polishing
By Countries
EU5
BENELUX
Nordic
Eastern Europe
By Metals
Neodymium
yttrium
Dysprosium
Terbium
Europium
Cerium
Lanthanum
By Application
Catalysts
Permanent Magnets
Metallurgy & Alloy
Polishing
By Countries
Russia
Rest of Eastern Europe
Middle East Africa
By Metals
Neodymium
yttrium
Dysprosium
Terbium
Europium
Cerium
Lanthanum
By Application
Catalysts
Permanent Magnets
Metallurgy & Alloy
Polishing
By Countries
GCC
South Africa
Rest of middle east Africa
Company Profiles
1.China Northern Rare Earth (Group) High-Tech Co., Ltd
Company Overview
Product Portfolio
Key Strategies
Recent Developments
Future Plans
2. RISING NONFERROUS METALS CO., LTD
3. China Minmetals Rare Earth Co., Ltd
4. Aluminum Corporation of China Limited
5. Lynas Corporation, Ltd.
6. Beijing Zhongke Sanhuan High-tech Co. Ltd.
7. Jiangxi Tungsten Industry Group Co. Ltd.
8. Arafura Resources Ltd.
9. Alkane Resources Ltd.
“*” marked represents similar segmentation in other categories in the respective section
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