Rare Earth Metals Market
Rare Earth Metals Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Lanthanum, Cerium, Praseodymium, Neodymium, Samarium, Europium, Gadolinium, Terbium, Dysprosium, Yttrium, Others
- By Application Permanent Magnets, Catalysts, Glass Polishing, Phosphors, Ceramics, Metal Alloys, Glass Additives, Others
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2023 |
Forecast Years: | 2024 - 2032 |
Historical Years: | 2018 - 2022 |
Revenue 2023: | USD 5.5 Billion |
Revenue 2032: | USD 15.8 Billion |
Revenue CAGR (2024 - 2032): | 12.45% |
Fastest Growing Region (2024 - 2032) | North America |
Largest Region (2023): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Rare Earth Metals Market Segment Analysis
- Rare Earth Metals Type Outlook (Revenue, USD Million, 2018 - 2030)
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- Rare Earth Metals Application Outlook (Revenue, USD Million, 2018 - 2030)
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
-
North America Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- U.S.
- U.S. Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- U.S. Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- U.S. Rare Earth Metals Market, by Type
- Canada
- Canada Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- Canada Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- Canada Rare Earth Metals Market, by Type
-
Mexico
- Mexico Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- Mexico Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- Mexico Rare Earth Metals Market, by Type
-
North America Rare Earth Metals Market, by Type
- Europe
-
Europe Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
-
Europe Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- U. K.
- U.K. Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- U.K. Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- U.K. Rare Earth Metals Market, by Type
- France
- France Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- France Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- France Rare Earth Metals Market, by Type
-
Germany
- Germany Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- Germany Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- Germany Rare Earth Metals Market, by Type
-
Italy
- Italy Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- Italy Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- Italy Rare Earth Metals Market, by Type
-
Spain
- Spain Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- Spain Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- Spain Rare Earth Metals Market, by Type
-
Rest of Europe
- Rest of Europe Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- Rest of Europe Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- Rest of Europe Rare Earth Metals Market, by Type
-
Europe Rare Earth Metals Market, by Type
- Asia Pacific
-
Asia Pacific Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
-
Asia Pacific Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- China
- China Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- China Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- China Rare Earth Metals Market, by Type
- Japan
- Japan Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- Japan Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- Japan Rare Earth Metals Market, by Type
-
Germany
- Germany Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- Germany Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- Germany Rare Earth Metals Market, by Type
-
India
- India Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- India Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- India Rare Earth Metals Market, by Type
-
South Korea
- South Korea Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- South Korea Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- South Korea Rare Earth Metals Market, by Type
-
South East Asia
- South East Asia Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- South East Asia Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- South East Asia Rare Earth Metals Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- Rest of Asia Pacific Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- Rest of Asia Pacific Rare Earth Metals Market, by Type
-
Asia Pacific Rare Earth Metals Market, by Type
- Latin America
-
Latin America Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
-
Latin America Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- Brazil
- Brazil Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- Brazil Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- Brazil Rare Earth Metals Market, by Type
- Argentina
- Argentina Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- Argentina Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- Argentina Rare Earth Metals Market, by Type
-
Rest of Latin America
- Rest of Latin America Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- Rest of Latin America Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- Rest of Latin America Rare Earth Metals Market, by Type
-
Latin America Rare Earth Metals Market, by Type
- Middle East & Africa
-
Middle East & Africa Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
-
Middle East & Africa Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- GCC Countries
- GCC Countries Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- GCC Countries Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- GCC Countries Rare Earth Metals Market, by Type
- South Africa
- South Africa Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- South Africa Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- South Africa Rare Earth Metals Market, by Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Rare Earth Metals Market, by Type
- Lanthanum
- Cerium
- Praseodymium
- Neodymium
- Samarium
- Europium
- Gadolinium
- Terbium
- Dysprosium
- Yttrium
- Others
- Rest of Middle East & Africa Rare Earth Metals Market, by Application
- Permanent Magnets
- Catalysts
- Glass Polishing
- Phosphors
- Ceramics
- Metal Alloys
- Glass Additives
- Others
- Rest of Middle East & Africa Rare Earth Metals Market, by Type
-
Middle East & Africa Rare Earth Metals Market, by Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Rare Earth Metals in terms of revenue?
-
The global Rare Earth Metals valued at USD 5.5 Billion in 2023 and is expected to reach USD 15.8 Billion in 2032 growing at a CAGR of 12.45%.
Which are the prominent players in the market?
-
The prominent players in the market are China Rare Earth Holdings Limited, Avalon Advanced Materials Inc., Bataou HEFA Rare Earth Co. Ltd, Canada Rare Earth Corporation, Northern Minerals Limited, MP Materials, Shenghe Resources Holding Co., Ltd., Bechtel Mining and Metals, Lynas Rare Earths Ltd., Australian Strategic Materials Ltd., Arafura Rare Earths.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 12.45% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Rare Earth Metals include
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Rare Earth Metals in 2023.