Rare Earth Metals Market

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).

Rare Earth Metals Market contains market size and forecasts of Rare Earth Metals in global, including the following market information:

Global Rare Earth Metals Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Rare Earth Metals Market Sales, 2017-2022, 2023-2028, (Ton)

Global top five Rare Earth Metals companies in 2021 (%)

The global Rare Earth Metals market was valued at 751.1 million in 2021 and is projected to reach US$ 371.5 million by 2028, at a CAGR of -9.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Pr-Nd Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Rare Earth Metals 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 and Xiamen Tungsten, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Rare Earth Metals manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Rare Earth Metals Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Ton)

Global Rare Earth Metals Market Segment Percentages, by Type, 2021 (%)

Pr-Nd

La-Ce

La

Ce

Pr

Nd

Others

Global Rare Earth Metals Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Ton)

Global Rare Earth Metals Market Segment Percentages, by Application, 2021 (%)

Metallurgy

Rare Earth Permanent Magnet Material

Hydrogen Storage Material

Others

Global Rare Earth Metals Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Ton)

Global Rare Earth Metals Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Rare Earth Metals revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Rare Earth Metals revenues share in global market, 2021 (%)

Key companies Rare Earth Metals sales in global market, 2017-2022 (Estimated), (Ton)

Key companies Rare Earth Metals sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players 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

Yiyang Hongyuan Rare Earth