Global Rare Earth Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Rare Earth Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Rare Earth market size was valued at US$ 5410 million in 2024 and is forecast to a readjusted size of USD 10310 million by 2031 with a CAGR of 9.6% during review period.

Rare earths are usually divided into light and heavy rare earth oxides. The former includes "lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium", including "gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, lutetium, scandium" "Yttrium", there are more than 250 kinds of rare earth minerals in nature. Major industrial countries in the world have rare strategic resources, rare with a variety of special chemical properties, and are important raw materials for modern industries, especially high-tech industries. Among them, the relative concentration of light rare earth reserves is mainly used in permanent magnet materials, polishing powder, glass ceramics, catalysts and other fields; medium and heavy rare earth reserves are small, mainly used in phosphors, ceramics and other fields, thus, aerospace, military defense, etc. Medium and heavy rare earths will also be used in the field.

China ranks first in the world in rare earth reserves, and is the only country in the world that has the ability to produce all kinds of products in the entire rare earth industry chain. China is the most important seller in the global rare earth market, and is the only country in the world that can provide all 17 rare earth metals, especially military heavy rare earths. 70% of the world's rare earth mineral production comes from China, followed by the United States, Australia, Myanmar, and Thailand. In the Chinese market, major rare earth manufacturers include Northern Rare Earth, Shenghe Resources Holdings, Cmreltd etc. In terms of product types and technologies, rare earth mainly include rare earth oxides, rare earth salts and rare earth metals. Rare earth oxides are the most important product type, accounting for more than 45%.

This report is a detailed and comprehensive analysis for global Rare Earth market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Rare Earth market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031

Global Rare Earth market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031

Global Rare Earth market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031

Global Rare Earth market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (US$/Ton), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Rare Earth

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Rare Earth market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Reht, China Rare Earth Group, Shenghe Resource, Rising Nonferrous Metals, SUNLUX RARE METALS, Grirem Advanced Materials, Ganzhou Qiandong Rare Earth Group, Tungsten Corporation, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Rare Earth market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Rare Earth Oxide
Rare Earth Salts
Rare Earth Metals

Market segment by Application
Metallurgy
Rare Earth Permanent Magnet Materials
Catalytic Material
Hydrogen Storage Materials
Others

Major players covered
Reht
China Rare Earth Group
Shenghe Resource
Rising Nonferrous Metals
SUNLUX RARE METALS
Grirem Advanced Materials
Ganzhou Qiandong Rare Earth Group
Tungsten Corporation

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Rare Earth product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Rare Earth, with price, sales quantity, revenue, and global market share of Rare Earth from 2020 to 2025.

Chapter 3, the Rare Earth competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Rare Earth breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Rare Earth market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Rare Earth.

Chapter 14 and 15, to describe Rare Earth sales channel, distributors, customers, research findings and conclusion.