Rare-Earth Metals Market by Type, Application

List of Tables

The Rare-Earth Metals Market is projected to reach USD 22.94 billion by 2030 from USD 10.41 billion in 2022, at a CAGR of 10.37% during the forecast period.

Global Rare-Earth Metals Market

KEY MARKET STATISTICS
Base Year [2022]	USD 10.41 billion
Estimated Year [2023]	USD 11.34 billion
Forecast Year [2030]	USD 22.94 billion
CAGR (%)	10.37%

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Rare-Earth Metals Market.

Based on Type, market is studied across Cerium Oxide, Dysprosium Oxide, Europium Oxide, Gadolinium Oxide, Lanthanum Oxide, Neodymium Oxide, Praseodymium Oxide, Samarium Oxide, Terbium Oxide, and Yttrium Oxide. The Cerium Oxide commanded largest market share of 19.34% in 2022, followed by Yttrium Oxide.

Based on Application, market is studied across Catalysts, Ceramics, Glass Additives, Glass Polishing, Metal Alloys, Permanent Magnets, and Phosphors. The Metal Alloys commanded largest market share of 21.65% in 2022, followed by Permanent Magnets.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across Alaska, Arizona, California, Georgia, Michigan, Missouri, Montana, Nevada, North Dakota, Texas, West Virginia, and Wyoming. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 56.12% in 2022, followed by Europe, Middle East & Africa.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Rare-Earth Metals Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Rare-Earth Metals Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Rare-Earth Metals Market, highlighting leading vendors and their innovative profiles. These include ABx Limited, Alkane Resources Ltd., Aluminium Corporation of China Limited, American Elements, American Rare Earths Limited, Arafura Resources Ltd., Australian Rare Earths Limited, Avalon Advanced Materials Inc., Canada Rare Earth Corporation, China Non-ferrous Metal Industry's Foreign Engineering and Construction Co., Ltd., China Northern Rare Earth (Group) High-Tech Co., Ltd., China Rare Earth Group Resources Technology Co., Ltd., China Rare Earth Holdings Limited, Encounter Resources Limited, Energy Fuels Inc., Energy Transition Minerals Ltd., Enova Mining Limited, Eutectix, LLC, Frontier Rare Earths, Fujian Changting Golden Dragon Rare-Earth Co., Ltd., GTS German Trading Service GmbH, Hebei Suoyi New Material Technology Co., Ltd., HEFA Rare Earth Canada Ltd., Iluka Resources Limited, JL MAG Rare-Earth Co., Ltd., Krakatoa Resources Ltd., Lynas Malaysia Sdn Bhd, Medallion Resources Ltd., Mitsubishi Corporation RtM Japan Ltd., MP Materials Corp., Neo Performance Materials, NioCorp Development Ltd., Norwegian company REEtec, Otto Chemie Pvt. Ltd., Rare Element Resources Ltd., Shin-Etsu Chemical Co., Ltd., Solvay SA, Texas Mineral Resources Corp., and Ucore Rare Metals Inc..

The report offers valuable insights on the following aspects:

1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.

2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.

3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.

4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.

5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast for the Rare-Earth Metals Market?

2. Which products, segments, applications, and areas hold the highest investment potential in the Rare-Earth Metals Market?

3. What is the competitive strategic window for identifying opportunities in the Rare-Earth Metals Market?

4. What are the latest technology trends and regulatory frameworks in the Rare-Earth Metals Market?

5. What is the market share of the leading vendors in the Rare-Earth Metals Market?

6. Which modes and strategic moves are suitable for entering the Rare-Earth Metals Market?

Product Code: MRR-FD3F12D52ED8

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Rare-Earth Metals Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising global shift towards clean energy solutions worldwide
  - 5.1.1.2. Government initiatives to promote mining and production of rare earth metals
  - 5.1.1.3. Rapid development and advancements in consumer electronics & advanced weaponry systems
- 5.1.2. Restraints
  - 5.1.2.1. Limited availability of rare earth metals and difficulties associated with mining
- 5.1.3. Opportunities
  - 5.1.3.1. Continuous research & development activities to develop new extraction technologies
  - 5.1.3.2. Emerging emphasis on sustainable development and recycling of rare earth metals
- 5.1.4. Challenges
  - 5.1.4.1. Environmental concerns associated with extraction techniques of rare-earth metals
5.2. Market Segmentation Analysis
- 5.2.1. Type: Growing use of cerium oxide in semiconductor production
- 5.2.2. Application: Higher consumption of metal alloys with expansion of manufacturing sector
5.3. Market Trend Analysis
- 5.3.1. Significant growth potential in Americas region backed by government support and technological advancements in exploration & production process
- 5.3.2. Dominating production and reserve space for rare earth metals in the Asia-Pacific backed by government funding for expanding the region's global position in the market
- 5.3.3. Growing initiatives promoting responsible sourcing and procuring rare-earth metals to meet demand from end-use industries across EMEA
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Rare-Earth Metals Market, by Type

6.1. Introduction
6.2. Cerium Oxide
6.3. Dysprosium Oxide
6.4. Europium Oxide
6.5. Gadolinium Oxide
6.6. Lanthanum Oxide
6.7. Neodymium Oxide
6.8. Praseodymium Oxide
6.9. Samarium Oxide
6.10. Terbium Oxide
6.11. Yttrium Oxide

7. Rare-Earth Metals Market, by Application

7.1. Introduction
7.2. Catalysts
7.3. Ceramics
7.4. Glass Additives
7.5. Glass Polishing
7.6. Metal Alloys
7.7. Permanent Magnets
7.8. Phosphors

8. Americas Rare-Earth Metals Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Rare-Earth Metals Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Rare-Earth Metals Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. United Arab Emirates
10.21. United Kingdom

11. Competitive Landscape

11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
- 11.3.1. Merger & Acquisition
  - 11.3.1.1. Energy Fuels Completes Acquisition of Rare Earth and Heavy Mineral Project in Brazil
- 11.3.2. Agreement, Collaboration, & Partnership
  - 11.3.2.1. USA Rare Earth Signs Supply Agreement with Australian Strategic Materials
  - 11.3.2.2. GE Renewable Energy and Arafura Resources sign Memorandum of Understanding (MoU) on Neodymium and Praseodymium (NdPr) Rare Earths
  - 11.3.2.3. HG Ventures Invests in and Partners with American Rare Earth to Expand Battery Recycling and Metals Supply for U.S. Manufacturing
- 11.3.3. Investment & Funding
  - 11.3.3.1. Lynas Rare Earths gets USD 14 million Australian government grant to develop a project
  - 11.3.3.2. Ucore Investing USD 75 Million to Establish Rare Earth Metals Manufacturing Facility in Alexandria
  - 11.3.3.3. Encounter Resources taps Investors for USD 10 Million to Accelerate West Arunta Exploration
  - 11.3.3.4. Cyclic Materials raises USD 27 million for critical mineral recycling
  - 11.3.3.5. Australia's Lynas gets USD 120 Million Pentagon Contract for U.S. Rare Earths Project
- 11.3.4. Award, Recognition, & Expansion
  - 11.3.4.1. American Rare Earths Announces New U.S. Headquarters
  - 11.3.4.2. ABx Group Eyes Further Resource Growth at Deep Leads and Rubble Mounds Rare Earth Project, Tasmania
  - 11.3.4.3. Rare earth metals producer Lynas announces USD 500 million expansion at Mt Weld mine

12. Competitive Portfolio

12.1. Key Company Profiles
- 12.1.1. ABx Limited
- 12.1.2. Alkane Resources Ltd.
- 12.1.3. Aluminium Corporation of China Limited
- 12.1.4. American Elements
- 12.1.5. American Rare Earths Limited
- 12.1.6. Arafura Resources Ltd.
- 12.1.7. Australian Rare Earths Limited
- 12.1.8. Avalon Advanced Materials Inc.
- 12.1.9. Canada Rare Earth Corporation
- 12.1.10. China Non-ferrous Metal Industry's Foreign Engineering and Construction Co., Ltd.
- 12.1.11. China Northern Rare Earth (Group) High-Tech Co., Ltd.
- 12.1.12. China Rare Earth Group Resources Technology Co., Ltd.
- 12.1.13. China Rare Earth Holdings Limited
- 12.1.14. Encounter Resources Limited
- 12.1.15. Energy Fuels Inc.
- 12.1.16. Energy Transition Minerals Ltd.
- 12.1.17. Enova Mining Limited
- 12.1.18. Eutectix, LLC
- 12.1.19. Frontier Rare Earths
- 12.1.20. Fujian Changting Golden Dragon Rare-Earth Co., Ltd.
- 12.1.21. GTS German Trading Service GmbH
- 12.1.22. Hebei Suoyi New Material Technology Co., Ltd.
- 12.1.23. HEFA Rare Earth Canada Ltd.
- 12.1.24. Iluka Resources Limited
- 12.1.25. JL MAG Rare-Earth Co., Ltd.
- 12.1.26. Krakatoa Resources Ltd.
- 12.1.27. Lynas Malaysia Sdn Bhd
- 12.1.28. Medallion Resources Ltd.
- 12.1.29. Mitsubishi Corporation RtM Japan Ltd.
- 12.1.30. MP Materials Corp.
- 12.1.31. Neo Performance Materials
- 12.1.32. NioCorp Development Ltd.
- 12.1.33. Norwegian company REEtec
- 12.1.34. Otto Chemie Pvt. Ltd.
- 12.1.35. Rare Element Resources Ltd.
- 12.1.36. Shin-Etsu Chemical Co., Ltd.
- 12.1.37. Solvay SA
- 12.1.38. Texas Mineral Resources Corp.
- 12.1.39. Ucore Rare Metals Inc.
12.2. Key Product Portfolio

13. Appendix

13.1. Discussion Guide
13.2. License & Pricing