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The rare earth metals market is forecasted to grow by USD 6318 million during 2023-2028, accelerating at a CAGR of 9.59% during the forecast period. The report on the rare earth metals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for electronic appliances and personal equipment, surge in consumption from APAC, and rise of new production capacities.
The rare earth metals market is segmented as below:
By Application
- Permanent magnets
- Metal alloys
- Catalysts
- Polishing powder
- Others
By Type
- Light rare earth elements
- Heavy rare earth elements
- Other element type
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the rare earth metals market covers the following areas:
- Rare earth metals market sizing
- Rare earth metals market forecast
- Rare earth metals market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global rare earth metals market: Alkane Resources Ltd, Arafura Rare Earths Ltd., Arnold Magnetic Technologies Corp., Avalon Advanced Materials Inc., Canada Rare Earth Corp, Energy Transition Minerals Ltd., Frontier Rare Earths Ltd., HEFA Rare Earth Canada Co. Ltd., Hitachi Ltd., Iluka Resources Ltd., IREL India Ltd., Lynas Rare Earths Ltd., Montero Mining and Exploration Ltd., Namibia Critical Metals Inc., Neo Performance Materials Inc., Northern Minerals Ltd., Rare Element Resources Ltd., Shin Etsu Chemical Co. Ltd., Resonac Holdings Corp., and Ucore Rare Metals Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rise in production capacities and emergence of alternative suppliers."
According to the report, one of the major drivers for this market is the growing demand for electronic appliances and personal equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alkane Resources Ltd
- Arafura Rare Earths Ltd.
- Arnold Magnetic Technologies Corp.
- Avalon Advanced Materials Inc.
- Canada Rare Earth Corp
- Energy Transition Minerals Ltd.
- Frontier Rare Earths Ltd.
- HEFA Rare Earth Canada Co. Ltd.
- Hitachi Ltd.
- Iluka Resources Ltd.
- IREL India Ltd.
- Lynas Rare Earths Ltd.
- Montero Mining and Exploration Ltd.
- Namibia Critical Metals Inc.
- Neo Performance Materials Inc.
- Northern Minerals Ltd.
- Rare Element Resources Ltd.
- Shin Etsu Chemical Co. Ltd.
- Resonac Holdings Corp.
- Ucore Rare Metals Inc.
