Rare Earth Metal Market Research Report - Forecast to 2030

Rare Earth Metal Market Information Report by Type (Lanthanum, Cerium, Neodymium, Samarium, Europium and others), By End-use (Magnets, Metals Alloys, Polishing, Catalysts and others) and By Region - Forecast to 2030

ID: MRFR/MIN/1662-HCR | February 2021 | Region: Global | 101 Pages         

1 Executive Summary

2 Research Methodology

2.1 Scope of the Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4 Global Rare earth metals market, By Type

4.1 Lanthanum

4.2 Cerium

4.3 Neodymium

4.4 amarium

4.5 Europium

4.6 Others

5 Global Rare earth metals market, By End-use

5.1 Introduction

5.2 Magnets

5.3 Metals Alloys

5.4 Polishing

5.5 Catalysts

5.6 Others

6 Regional Market Analysis

6.1 Introduction

6.2 North America

6.2.1 U.S.

6.2.2 Canada

6.3 Europe

6.3.1 U.K

6.3.2 France

6.3.3 Germany

6.3.4 Spain

6.3.5 Rest of Europe

6.4 Asia-Pacific

6.4.1 China

6.4.2 Japan

6.4.3 India

6.4.4 Rest of Asia-Pacific

6.5 Rest of the World

7 Competitive Analysis

7.1 Introduction

7.2 Competitive Scenario

7.2.1 Market Share Analysis

7.2.2 Market Development Analysis

7.2.3 Product/Service Benchmarking

7.3 Lynas Corporation, Ltd.( Australia)

7.3.1 Overview

7.3.2 Product/Service Offering

7.3.3 Strategy

7.4 Molycorp Inc (U.S.)

7.4.1 Overview

7.4.2 Product/Service Offering

7.4.3 Strategy

7.5 Alkane Resources Ltd (Australia)

7.5.1 Overview

7.5.2 Product/Service Offering

7.5.3 Strategy

7.6 Inner Mongolia Baotou Steel Rare-earth (China)

7.6.1 Overview

7.6.2 Product/Service Offering

7.6.3 Strategy

7.7 Inner Mongolia Baotou Steel Rare-earth (China)

7.7.1 Overview

7.7.2 Product/Service Offering

7.7.3 Strategy

7.8 Baotou Steel Rare-earth (China)

7.8.1 Overview

7.8.2 Product/Service Offering

7.8.3 Strategy

7.9 Tasman Metals ltd. (Canada)

7.9.1 Overview

7.9.2 Product/Service Offering

7.9.3 Strategy

7.10 Greenland Minerals and Energy (Australia)

7.10.1 Overview

7.10.2 Product/Service Offering

7.10.3 Strategy

7.11 Avalon Advanced Materials Inc. (Canada)

7.11.1 Overview

7.11.2 Product/Service Offering

7.11.3 Strategy


LIST OF TABLES
TABLE 1 GLOBAL RARE EARTH METALS MARKET, BY TYPE

TABLE 2 GLOBAL ENGINEERING PLASTICMARKET, BY END-USE

TABLE 3 GLOBAL RARE EARTH METALS MARKET, BY REGIONS

TABLE 4 NORTH AMERICA RARE EARTH METALS MARKET, BY TYPE

TABLE 5 NORTH AMERICA RARE EARTH METALS MARKET, BY END-USE

TABLE 6 U.S. RARE EARTH METALS MARKET, BY TYPE

TABLE 7 U.S. RARE EARTH METALS MARKET, BY END-USE

TABLE 8 CANADA RARE EARTH METALS MARKET, BY TYPE

TABLE 9 CANADA RARE EARTH METALS MARKET, BY END-USE

TABLE 10 EUROPE RARE EARTH METALS MARKET, BY TYPE

TABLE 11 EUROPE RARE EARTH METALS MARKET, BY END-USE

TABLE 12 GERMANY RARE EARTH METALS MARKET, BY TYPE

TABLE 13 GERMANY RARE EARTH METALS MARKET, BY END-USE

TABLE 14 FRANCE RARE EARTH METALS MARKET, BY TYPE

TABLE 15 FRANCE RARE EARTH METALS MARKET, BY END-USE

TABLE 16 U.K. RARE EARTH METALS MARKET, BY TYPE

TABLE 17 U.K. RARE EARTH METALS MARKET, BY END-USE

TABLE 18 REST OF EUROPE RARE EARTH METALS MARKET, BY TYPE

TABLE 19 REST OF EUROPE RARE EARTH METALS MARKET, BY END-USE

TABLE 20 ASIA-PACIFIC RARE EARTH METALS MARKET, BY TYPE

TABLE 21 ASIA-PACIFIC RARE EARTH METALS MARKET, BY END-USE

TABLE 22 MIDDLE EAST & AFRICA RARE EARTH METALS MARKET, BY TYPE

TABLE 23 MIDDLE EAST & AFRICA RARE EARTH METALS MARKET, BY END-USE  
LIST OF FIGURES
FIGURE 1 RESEARCH TYPE

FIGURE 2 GLOBAL RARE EARTH METALS MARKET: BY TYPE (%)

FIGURE 3 GLOBAL RARE EARTH METALS MARKET: BY END-USE (%)

FIGURE 4 GLOBAL RARE EARTH METALS MARKET: BY REGION

FIGURE 5 NORTH AMERICA RARE EARTH METALS MARKET, BY TYPE (%)

FIGURE 6 NORTH AMERICA RARE EARTH METALS MARKET, BY END-USE (%)

FIGURE 7 EUROPE RARE EARTH METALS MARKET, BY TYPE (%)

FIGURE 8 EUROPE RARE EARTH METALS MARKET, BY END-USE (%)

FIGURE 9 ASIA-PACIFIC RARE EARTH METALS MARKET, BY TYPE (%)

FIGURE 10 ASIA-PACIFIC RARE EARTH METALS MARKET, BY END-USE (%)

FIGURE 11 ROW RARE EARTH METALS MARKET, BY TYPE (%)

FIGURE 12 ROW RARE EARTH METALS MARKET, BY END-USE (%)

Rare Earth Metal Market

The Rare Earth Metal Market is projected to be worth USD 5.520.2 Million by 2028, registering a CAGR of 10% during the forecast period (2021 - 2028)

Segmentation

By Type Lanthanum Cerium Neodymium Samarium Europium Others
By End-use Magnets Metals Alloys Polishing Catalysts Others

Key Players

  • Lynas Corporation Ltd.( Australia)
  • Molycorp Inc. (U.S.)
  • Alkane Resources Ltd (Australia)
  • Baotou Steel Rare-earth (China)
  • Ucore Rare Metals Inc.(Canada)
  • Tantalus Rare Earths AG (Germany)
  • Tasman Metals Ltd. (Canada)

Drivers

  • The demand for electric vehicles is expected to increase with the application of strict regulations
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Rare Earth Metal Market Overview:
 
The rare-earth elements also referred to as rare-earth metals, sometimes known as rare-earth oxides, another familiar term called lanthanides is a set of seventeen nearly-identical lustrous ivory-white ductile heavy metals
 
Rare earth metals are a kind of element present in the earth's crust that has similar chemical and physical properties. These types of elements extracted could be processed and extracted in the form of their ore and includes both light and hard categories. Samarium and Praseodymium fall in the agility-based category and which is easily found than heavy metals like terbium, gadolinium, holmium, thulium, europium, dysprosium, lutetium, erbium, and ytterbium.
 
Rare earth metal elements are mostly used in the production of electric vehicles with different components, as they offer high power and corrosion control. They are quite expensive compared to aluminum nickel cobalt magnets, and ceramic however, they have their high properties than the conventional magnets. The Neodymium iron boron magnets could get large currents to generate a high-power magnetic field, as it is significant for the magnets to thoroughly resist demagnetization and function last longer. These incredible properties are the major factor to drive the market of rare earth metals toward the preference of almost all-electric vehicle manufacturers are neodymium magnets, instead of existing magnets.
 
Study Objectives of global rare earth metal market:


  • To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the global rare earth metal market

  • To provide insights about factors affecting the market growth

  • To Analyse the global rare earth metal market based on various factors such as supply chain analysis, and Porter’s five force analysis

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries

  • To provide country level analysis of the market with respect to the current market size and future prospective

  • To provide country level analysis of the market for segments by type, application and region

  • To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market

  • To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global rare earth metal market


Market Segmentation:
Rare Earth Metal  
Regional Analysis of Rare Earth Metal Market:
The rare earth metal market can be geographically segmented as North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). Asia pacific is expected to be the largest consumer and producer of global rare earth metals with the high consumption of these metals in China. North America is also expected to grow rapidly as it is a leading importer of rare earth metals from China, the largest extraction region of rare earth metals.

Key Players:

The key players of rare earth metal market are Lynas Corporation, Ltd.( Australia), Molycorp Inc. (U.S.), Alkane Resources Ltd (Australia), Baotou Steel Rare-earth (China), Ucore Rare Metals Inc.(Canada), Tantalus Rare Earths AG (Germany), Tasman Metals Ltd. (Canada), Greenland Minerals and Energy Ltd. (Australia), Avalon Advanced Materials Inc. (Canada) and others.

Recent Development

The purification and extraction processes are done by ligand-assisted chromatography which is used to purify and remove rare earth metals from recycled magnets, coal ash, and raw ore, effectively, safely and the environmental impact is good compared to the traditional magnetic processes, according to the recent Research & Development at Purdue University, located in the U.S. 
Tesla, another major maker of electric vehicles, are preferring permanent magnet motors for their electric vehicles, to provide the Chinese electric vehicle manufacturers.
In the year 2019, Blue Line and Lynas Corporation declared a partnership to develop rare earth metals separation capacity in the region of the United States.
In 2019 April, the firm invested $ 2.16 million in funds in Calidus Resources Ltd., a gold exploration firm located in Australia. In 2019 March, Lynas Corporation declared a Memorandum of Understanding with the Migration Agents Registration Authority to commercialize the offset underflow remainder from the Lynas Malaysia plant.

Intended Audience:

  • Rare earth metal extractors

  • Distributer & Supplier companies

  • End Users

  • consultants and Investment bankers

  • Government as well as Independent Regulatory Authorities


Product Analysis:

  • Product matrix which gives a detailed comparison of the market for different recycled product types


Additional Information:

  • Regulatory Landscape

  • Pricing Analysis

  • Macroeconomic Indicators


Geographic Analysis:

  • Geographical analysis across 15 countries


Company Information:

  • Profiling of 10 key market players

  • In-depth analysis including SWOT analysis, and strategy information of related to report title

  • Competitive landscape including emerging trends adopted by major companies


The report for Rare earth metal Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.



Report Scope:
Report Attribute/Metric Details
  Market Size   2030 : Significant value
  CAGR   2022–2030: Substantial CAGR
  Base Year   2022
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Type, By End-use and By Region
  Geographies Covered    North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Lynas Corporation, Ltd.( Australia), Molycorp Inc. (U.S.), Alkane Resources Ltd (Australia), Baotou Steel Rare-earth (China), Ucore Rare Metals Inc.(Canada), Tantalus Rare Earths AG (Germany), Tasman Metals Ltd. (Canada), Greenland Minerals and Energy Ltd. (Australia), Avalon Advanced Materials Inc. (Canada) and others
  Key Market Opportunities   The increase in demand of rare metals such as Neodymium and Praseodymium
  Key Market Drivers   The demand for electric vehicles is expected to increase with the application of strict regulations


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Frequently Asked Questions (FAQ) :

The forecast period of the Global Rare Earth Metal Market until 2027.

One of them is neodymium, because it's the most important REE used in permanent magnets.

Asia pacific is expected to be the largest consumer and producer