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

According to our (Global Info Research) latest study, the global Rare Earth Metals market size was valued at US$ 670 million in 2024 and is forecast to a readjusted size of USD 329 million by 2031 with a CAGR of -9.8% during review period.

Rare earth metals are vital to the world’s economy. They are essential to developing technologies in the communications, electronics, and military weapons markets. It is widely used in metallurgy, rare earth permanent magnet material and hydrogen storage material.

Rare earth metals typically include scandium (Sc-21), yttrium (Y-39), lanthanum (La-57), cerium (Ce-58), praseodymium (Pr-59), neodymium (Nd-60), promethium (Pm-61), samarium (Sm-62), europium (Eu-63), gadolinium (Gd-64), terbium (Tb-65), dysprosium (Dy-66), holmium (Ho-67), erbium (Er-68), thulium (Tm-69), ytterbium (Yb-70), and lutetium (Lu-71).

Global Rare Earth Metals key players include Beifang Rare Earth, Integral Materials Investment Vietnam, Grirem Advanced Materials, Chenguang Rare Earths New Material, Jiangtong Rare Earth, etc. Global top five manufacturers hold a share over 60%.

China is the largest market, with a share over 80%.

In terms of product, Pr-Nd is the largest segment, with a share over 70%. And in terms of application, the largest application is Rare Earth Permanent Magnet Material, followed by Metallurgy, Hydrogen Storage Material, etc.

This report is a detailed and comprehensive analysis for global Rare Earth Metals 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 Metals market size and forecasts, in consumption value ($ Million), sales quantity (Ton), and average selling prices (USD/Ton), 2020-2031

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

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

Global Rare Earth Metals market shares of main players, shipments in revenue ($ Million), sales quantity (Ton), and ASP (USD/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 Metals

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 Metals 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 Beifang Rare Earth, Integral Materials Investment Vietnam, Chenguang Rare Earths New Material, Sunlux Rare Metal, Grirem Advanced Materials, Baotou Xinye New Materials, Ganzhou Rare Earth Metals, Jiangtong Rare Earth, Xiamen Tungsten, Shenghe Resources, etc.

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

Market Segmentation

Rare Earth Metals 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
Pr-Nd
La-Ce
La
Ce
Pr
Nd
Others

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

Major players covered
Beifang Rare Earth
Integral Materials Investment Vietnam
Chenguang Rare Earths New Material
Sunlux Rare Metal
Grirem Advanced Materials
Baotou Xinye New Materials
Ganzhou Rare Earth Metals
Jiangtong Rare Earth
Xiamen Tungsten
Shenghe Resources
Yiyang Hongyuan Rare Earth

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 Metals product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the Rare Earth Metals 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 Metals 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 Metals.

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