The rare-earth metals market is projected to grow from USD 5.3 billion in 2021 to USD 9.6 billion by 2026, at a CAGR of 12.3% during the forecast period.
The increasing use of rare-earth elements that are used in the permanent magnet application is the important factor that has supported long-term expansion for Rare-Earth Metals Market
Rare-Earth Metals Market is segmented into type, application, and geography.
Type segment is segmented into dysprosium oxide, yttrium oxide, lanthanum oxide, cerium oxide, praseodymium oxide, neodymium oxide, samarium oxide, europium oxide, gadolinium oxide and terbium oxide.
The application segment is segmented into the permanent magnet, glass polishing, phosphors, ceramics, metal alloys, glass additives, and others.
Geographically, Rare-Earth Metals Market t is sub-segmented into North America, Europe, Asia-Pacific, Middle East, and Africa and South America, and insights are provided for each region and major countries within the regions
Key players in Rare-Earth Metals Market are Lynas Corporation (Australia), Alkane Resources Ltd (Australia), Arafura Resources Ltd (Australia), China Minmetals Rare Earth Co Ltd (China), Avalon Advanced Materials, Inc (Canada), Iluka Resource Ltd (Australia), Canada Rare Earth Corporation (Canada).
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Report Feature |
Descriptions |
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Market Revenue In 2021 |
USD 5.3 billion |
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Growth Rate |
CAGR of 12.3% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
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Report Segmentation |
Type, application, and Geography |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and the Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Lynas Corporation (Australia), Alkane Resources Ltd (Australia), Arafura Resources Ltd (Australia), China Minmetals Rare Earth Co Ltd (China), Avalon Advanced Materials, Inc (Canada), Iluka Resource Ltd (Australia), Canada Rare Earth Corporation (Canada). |
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Available Customization |
In addition to the market data for Rare-Earth Metals Market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement. |
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