Abstract
Summary
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.
The global Rare Earth market is projected to reach US$ million by 2030 from an estimated US$ million in 2024, at a CAGR of % during 2024 and 2030.
In the Chinese market, major rare earth manufacturers include Northern Rare Earth, Shenghe Resources Holdings, etc. The top two manufacturers account for more than 80% of the total share.
From the perspective of product market applications, it is mainly metallurgy, rare earth permanent magnet materials, catalytic materials, hydrogen storage materials and others. Among them, rare earth permanent magnet materials are the most important application, accounting for about 32%.
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%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Rare Earth, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyse their position in the current marketplace, and make informed business decisions regarding Rare Earth.
The Rare Earth market size, estimations, and forecasts are provided in terms of sales volume (Kiloton) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Rare Earth market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Rare Earth manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and regions.
Market Segmentation
By Company
Reht
Cmreltd
Shenghe Resource
Rising Nonferrous Metals Co., Ltd
SUNLUX RARE METALS CO.,LTD.
Grirem Advanced Materials Co.,Ltd.
Jxgqd
Scjtxt
Tungsten Corporation,Ltd.
Segment by Type
Rare Earth Oxide
Rare Earth Salts
Rare Earth Metals
Segment by Application
Metallurgy
Rare Earth Permanent Magnet Materials
Catalytic Material
Hydrogen Storage Materials
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales (consumption), revenue of Rare Earth in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 3: Detailed analysis of Rare Earth manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Rare Earth sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 14: Research Findings and Conclusion.
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.
The global Rare Earth market is projected to reach US$ million by 2030 from an estimated US$ million in 2024, at a CAGR of % during 2024 and 2030.
In the Chinese market, major rare earth manufacturers include Northern Rare Earth, Shenghe Resources Holdings, etc. The top two manufacturers account for more than 80% of the total share.
From the perspective of product market applications, it is mainly metallurgy, rare earth permanent magnet materials, catalytic materials, hydrogen storage materials and others. Among them, rare earth permanent magnet materials are the most important application, accounting for about 32%.
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%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Rare Earth, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyse their position in the current marketplace, and make informed business decisions regarding Rare Earth.
The Rare Earth market size, estimations, and forecasts are provided in terms of sales volume (Kiloton) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Rare Earth market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Rare Earth manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and regions.
Market Segmentation
By Company
Reht
Cmreltd
Shenghe Resource
Rising Nonferrous Metals Co., Ltd
SUNLUX RARE METALS CO.,LTD.
Grirem Advanced Materials Co.,Ltd.
Jxgqd
Scjtxt
Tungsten Corporation,Ltd.
Segment by Type
Rare Earth Oxide
Rare Earth Salts
Rare Earth Metals
Segment by Application
Metallurgy
Rare Earth Permanent Magnet Materials
Catalytic Material
Hydrogen Storage Materials
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales (consumption), revenue of Rare Earth in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 3: Detailed analysis of Rare Earth manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Rare Earth sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 14: Research Findings and Conclusion.
Table of Contents
1 Study Coverage
1.1 Rare Earth Product Introduction
1.2 Market by Type
1.2.1 Global Rare Earth Market Size Growth Rate by Type (2019 VS 2023 VS 2030)
1.2.2 Rare Earth Oxide
1.2.3 Rare Earth Salts
1.2.4 Rare Earth Metals
1.3 Market by Application
1.3.1 Global Rare Earth Market Size Growth Rate by Application (2019 VS 2023 VS 2030)
1.3.2 Metallurgy
1.3.3 Rare Earth Permanent Magnet Materials
1.3.4 Catalytic Material
1.3.5 Hydrogen Storage Materials
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Rare Earth Market Size Estimates and Forecasts
2.1.1 Global Rare Earth Revenue 2019-2030
2.1.2 Global Rare Earth Sales 2019-2030
2.2 Rare Earth Market Size by Region: 2023 Versus 2030
2.3 Rare Earth Sales by Region (2019-2030)
2.3.1 Global Rare Earth Sales by Region: 2019-2024
2.3.2 Global Rare Earth Sales Forecast by Region (2025-2030)
2.3.3 Global Rare Earth Sales Market Share by Region (2019-2030)
2.4 Rare Earth Market Estimates and Projections by Region (2025-2030)
2.4.1 Global Rare Earth Revenue by Region: 2019-2024
2.4.2 Global Rare Earth Revenue Forecast by Region (2025-2030)
2.4.3 Global Rare Earth Revenue Market Share by Region (2019-2030)
3 Global Rare Earth by Manufacturers
3.1 Global Top Rare Earth Manufacturers by Sales
3.1.1 Global Rare Earth Sales by Manufacturer (2019-2024)
3.1.2 Global Rare Earth Sales Market Share by Manufacturer (2019-2024)
3.2 Global Top Rare Earth Manufacturers by Revenue
3.2.1 Global Rare Earth Revenue by Manufacturer (2019-2024)
3.2.2 Global Rare Earth Revenue Share by Manufacturer (2019-2024)
3.3 Global Rare Earth Price by Manufacturer (2019-2024)
3.4 Competitive Landscape
3.4.1 Key Rare Earth Manufacturers Covered: Ranking by Revenue
3.4.2 Global Rare Earth Market Concentration Ratio (CR5 and HHI) & (2019-2024)
3.4.3 Global Rare Earth Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.5 Global Rare Earth Manufacturing Base Distribution, Product Type
3.5.1 Rare Earth Manufacturers Manufacturing Base Distribution, Headquarters
3.5.2 Manufacturers Rare Earth Product Type
3.5.3 Date of International Manufacturers Enter into Rare Earth Market
3.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Company Profiles
4.1 Reht
4.1.1 Reht Company Information
4.1.2 Reht Description, Business Overview
4.1.3 Reht Rare Earth Products Offered
4.1.4 Reht Rare Earth Sales, Revenue and Gross Margin (2019-2024)
4.1.5 Reht Rare Earth Sales by Product in 2023
4.1.6 Reht Rare Earth Sales by Application in 2023
4.1.7 Reht Rare Earth Sales by Geographic Area in 2023
4.1.8 Reht Recent Developments
4.2 Cmreltd
4.2.1 Cmreltd Company Information
4.2.2 Cmreltd Description, Business Overview
4.2.3 Cmreltd Rare Earth Products Offered
4.2.4 Cmreltd Rare Earth Sales, Revenue and Gross Margin (2019-2024)
4.2.5 Cmreltd Rare Earth Sales by Product in 2023
4.2.6 Cmreltd Rare Earth Sales by Application in 2023
4.2.7 Cmreltd Rare Earth Sales by Geographic Area in 2023
4.2.8 Cmreltd Recent Developments
4.3 Shenghe Resource
4.3.1 Shenghe Resource Company Information
4.3.2 Shenghe Resource Description, Business Overview
4.3.3 Shenghe Resource Rare Earth Products Offered
4.3.4 Shenghe Resource Rare Earth Sales, Revenue and Gross Margin (2019-2024)
4.3.5 Shenghe Resource Rare Earth Sales by Product in 2023
4.3.6 Shenghe Resource Rare Earth Sales by Application in 2023
4.3.7 Shenghe Resource Rare Earth Sales by Geographic Area in 2023
4.3.8 Shenghe Resource Recent Developments
4.4 Rising Nonferrous Metals Co., Ltd
4.4.1 Rising Nonferrous Metals Co., Ltd Company Information
4.4.2 Rising Nonferrous Metals Co., Ltd Description, Business Overview
4.4.3 Rising Nonferrous Metals Co., Ltd Rare Earth Products Offered
4.4.4 Rising Nonferrous Metals Co., Ltd Rare Earth Sales, Revenue and Gross Margin (2019-2024)
4.4.5 Rising Nonferrous Metals Co., Ltd Rare Earth Sales by Product in 2023
4.4.6 Rising Nonferrous Metals Co., Ltd Rare Earth Sales by Application in 2023
4.4.7 Rising Nonferrous Metals Co., Ltd Rare Earth Sales by Geographic Area in 2023
4.4.8 Rising Nonferrous Metals Co., Ltd Recent Developments
4.5 SUNLUX RARE METALS CO.,LTD.
4.5.1 SUNLUX RARE METALS CO.,LTD. Company Information
4.5.2 SUNLUX RARE METALS CO.,LTD. Description, Business Overview
4.5.3 SUNLUX RARE METALS CO.,LTD. Rare Earth Products Offered
4.5.4 SUNLUX RARE METALS CO.,LTD. Rare Earth Sales, Revenue and Gross Margin (2019-2024)
4.5.5 SUNLUX RARE METALS CO.,LTD. Rare Earth Sales by Product in 2023
4.5.6 SUNLUX RARE METALS CO.,LTD. Rare Earth Sales by Application in 2023
4.5.7 SUNLUX RARE METALS CO.,LTD. Rare Earth Sales by Geographic Area in 2023
4.5.8 SUNLUX RARE METALS CO.,LTD. Recent Developments
4.6 Grirem Advanced Materials Co.,Ltd.
4.6.1 Grirem Advanced Materials Co.,Ltd. Company Information
4.6.2 Grirem Advanced Materials Co.,Ltd. Description, Business Overview
4.6.3 Grirem Advanced Materials Co.,Ltd. Rare Earth Products Offered
4.6.4 Grirem Advanced Materials Co.,Ltd. Rare Earth Sales, Revenue and Gross Margin (2019-2024)
4.6.5 Grirem Advanced Materials Co.,Ltd. Rare Earth Sales by Product in 2023
4.6.6 Grirem Advanced Materials Co.,Ltd. Rare Earth Sales by Application in 2023
4.6.7 Grirem Advanced Materials Co.,Ltd. Rare Earth Sales by Geographic Area in 2023
4.6.8 Grirem Advanced Materials Co.,Ltd. Recent Development
4.7 Jxgqd
4.7.1 Jxgqd Company Information
4.7.2 Jxgqd Description, Business Overview
4.7.3 Jxgqd Rare Earth Products Offered
4.7.4 Jxgqd Rare Earth Sales, Revenue and Gross Margin (2019-2024)
4.7.5 Jxgqd Rare Earth Sales by Product in 2023
4.7.6 Jxgqd Rare Earth Sales by Application in 2023
4.7.7 Jxgqd Rare Earth Sales by Geographic Area in 2023
4.7.8 Jxgqd Recent Development
4.8 Scjtxt
4.8.1 Scjtxt Company Information
4.8.2 Scjtxt Description, Business Overview
4.8.3 Scjtxt Rare Earth Products Offered
4.8.4 Scjtxt Rare Earth Sales, Revenue and Gross Margin (2019-2024)
4.8.5 Scjtxt Rare Earth Sales by Product in 2023
4.8.6 Scjtxt Rare Earth Sales by Application in 2023
4.8.7 Scjtxt Rare Earth Sales by Geographic Area in 2023
4.8.8 Scjtxt Recent Development
4.9 Tungsten Corporation,Ltd.
4.9.1 Tungsten Corporation,Ltd. Company Information
4.9.2 Tungsten Corporation,Ltd. Description, Business Overview
4.9.3 Tungsten Corporation,Ltd. Rare Earth Products Offered
4.9.4 Tungsten Corporation,Ltd. Rare Earth Sales, Revenue and Gross Margin (2019-2024)
4.9.5 Tungsten Corporation,Ltd. Rare Earth Sales by Product in 2023
4.9.6 Tungsten Corporation,Ltd. Rare Earth Sales by Application in 2023
4.9.7 Tungsten Corporation,Ltd. Rare Earth Sales by Geographic Area in 2023
4.9.8 Tungsten Corporation,Ltd. Recent Development
5 Breakdown Data by Type
5.1 Global Rare Earth Sales by Type (2019-2030)
5.1.1 Global Rare Earth Sales by Type (2019-2024)
5.1.2 Global Rare Earth Sales Forecast by Type (2025-2030)
5.1.3 Global Rare Earth Sales Market Share by Type (2019-2030)
5.2 Global Rare Earth Revenue Forecast by Type (2019-2030)
5.2.1 Global Rare Earth Revenue by Type (2019-2024)
5.2.2 Global Rare Earth Revenue Forecast by Type (2025-2030)
5.2.3 Global Rare Earth Revenue Market Share by Type (2019-2030)
5.3 Rare Earth Average Selling Price (ASP) by Type (2019-2030)
6 Breakdown Data by Application
6.1 Global Rare Earth Sales by Application (2019-2030)
6.1.1 Global Rare Earth Sales by Application (2019-2024)
6.1.2 Global Rare Earth Sales Forecast by Application (2025-2030)
6.1.3 Global Rare Earth Sales Market Share by Application (2019-2030)
6.2 Global Rare Earth Revenue Forecast by Application (2019-2030)
6.2.1 Global Rare Earth Revenue by Application (2019-2024)
6.2.2 Global Rare Earth Revenue Forecast by Application (2025-2030)
6.2.3 Global Rare Earth Revenue Market Share by Application (2019-2030)
6.3 Rare Earth Average Selling Price (ASP) by Application (2019-2030)
7 North America
7.1 North America Rare Earth Market Size YoY Growth 2019-2030
7.2 North America Rare Earth Market Facts & Figures by Country
7.2.1 North America Rare Earth Sales by Country (2019-2030)
7.2.2 North America Rare Earth Revenue by Country (2019-2030)
7.3 North America Rare Earth Sales by Type (2019-2024)
7.4 North America Rare Earth Sales by Application (2019-2024)
8 Asia-Pacific
8.1 Asia-Pacific Rare Earth Market Size YoY Growth 2019-2030
8.2 Asia-Pacific Rare Earth Market Facts & Figures by Region
8.2.1 Asia-Pacific Rare Earth Sales by Region (2019-2030)
8.2.2 Asia-Pacific Rare Earth Revenue by Region (2019-2030)
8.3 Asia-Pacific Rare Earth Sales by Type (2019-2024)
8.4 Asia-Pacific Rare Earth Sales by Application (2019-2024)
9 Europe
9.1 Europe Rare Earth Market Size YoY Growth 2019-2030
9.2 Europe Rare Earth Market Facts & Figures by Country
9.2.1 Europe Rare Earth Sales by Country (2019-2030)
9.2.2 Europe Rare Earth Revenue by Country (2019-2030)
9.3 Europe Rare Earth Sales by Type (2019-2024)
9.4 Europe Rare Earth Sales by Application (2019-2024)
10 Latin America
10.1 Latin America Rare Earth Market Size YoY Growth 2019-2030
10.2 Latin America Rare Earth Market Facts & Figures by Country
10.2.1 Latin America Rare Earth Sales by Country (2019-2030)
10.2.2 Latin America Rare Earth Revenue by Country (2019-2030)
10.3 Latin America Rare Earth Sales by Type (2019-2024)
10.4 Latin America Rare Earth Sales by Application (2019-2024)
11 Middle East and Africa
11.1 Middle East and Africa Rare Earth Market Size YoY Growth 2019-2030
11.2 Middle East and Africa Rare Earth Market Facts & Figures by Country
11.2.1 Middle East and Africa Rare Earth Sales by Country (2019-2030)
11.2.2 Middle East and Africa Rare Earth Revenue by Country (2019-2030)
11.3 Middle East and Africa Rare Earth Sales by Type (2019-2024)
11.4 Middle East and Africa Rare Earth Sales by Application (2019-2024)
12 Supply Chain and Sales Channel Analysis
12.1 Rare Earth Supply Chain Analysis
12.2 Rare Earth Key Raw Materials and Upstream Suppliers
12.3 Rare Earth Clients Analysis
12.4 Rare Earth Sales Channel and Sales Model Analysis
12.4.1 Rare Earth Distribution Channel Analysis: Indirect Sales VS Direct Sales
12.4.2 Rare Earth Distribution Channel Analysis: Online Sales VS Offline Sales
12.4.3 Rare Earth Distributors
13 Market Dynamics
13.1 Rare Earth Industry Trends
13.2 Rare Earth Market Drivers
13.3 Rare Earth Market Challenges
13.4 Rare Earth Market Restraints
14 Research Findings and Conclusion
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Author Details
15.3 Disclaimer