Rare-Earth Metals Market size was valued at US$ 4.72 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 12.4% through 2021 to 2029, reaching nearly US$ 12.02 Bn. by 2029.

Rare-Earth Metals Market Overview

The Rare-Earth Metals Market intelligence report published by Global Market Intelligence research  firm, Maximize Market Research, indicates the lucrative growth for Rare-Earth Metals Market suppliers in the forecast period through 2029. The Maximize Market Research, an Rare-Earth Metals market research firm, has served more than 600 clients across the world since 2017.

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Rare-Earth Metals Market Scope

The Rare-Earth Metals market report includes the industry trends influencing the market growth and factors that hamper the growth of the market. Understanding these factors is essential in planning and designing the product as well as business strategies. The report gives a detailed analysis of these trends and challenges to help understand the Rare-Earth Metals market growth factors. The report provides the size and share of the Rare-Earth Metals market. It also helps in understanding the market and the report estimates upfront data and statistics that make the report a valuable guide for individuals dealing with advertising and industry decision-making processes in the Rare-Earth Metals market.

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Segmentation

On the basis of product, the Rare-Earth Metals Market is sub-segmented into Cerium, Dysprosium, Erbium, Europium, Gadolinium, Holmium, Lanthanum, Lutetium, Neodymium, Praseodymium, Promethium, Samarium, Scandium, Terbium, Thulium, Ytterbium, and Yttrium. The cerium segment held the largest market share of 42.8% in 2021. Cerium is used as a catalyst in catalytic converters in exhaust systems in the automotive sector to reduce emissions. It's also found in nickel-metal hydride (NiMH) batteries. Over the forecast period, the increased demand for hybrid vehicles is expected to have a beneficial impact on rare earth demand.

by Product

• Cerium
• Dysprosium
• Erbium
• Europium
• Gadolinium
• Holmium
• Lanthanum
• Lutetium
• Neodymium
• Praseodymium
• Promethium
• Samarium
• Scandium
• Terbium
• Thulium
• Ytterbium
• Yttrium

by Application

• Magnets
• Catalysts
• Metallurgy
• Polishing
• Glass
• Phosphors
• Ceramics
• Other

by Type

• Cerium Oxide
• Lanthanum Oxide
• Neodymium Oxide
• Yttrium Oxide
• Others

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Key Players

• Lynas Corporation
• Alkane Resources
• Arafura Resources
• China Minmetals Rare
• Avalon Advanced Materials
• Iluka Resource
• Canada Rare Earth
• Shin-Etsu Chemical Co. Ltd.
• China Northern Rare Earth
• Molycorp Inc
• Rare Element Resources
• Eutectix
• Indian Rare Earths
• Great Western Minerals
• Frontier Rare Earths.
• Greenland Minerals & Energy
• Ucore Rare Metals Inc.
• Medallion Resources Ltd

Regional Analysis

The Rare-Earth Metals market reports include Regional Insights that ensure the market on a regional level. Understanding local, economic, political, and geographic variables are critical for the analysis of Rare-Earth Metals market change regional-wise. The functioning of the Rare-Earth Metals market has a significant impact on local development plans. The Rare-Earth Metals market report enables the analysis of regional factors that affect the market and local growth in domestic countries.

Key Questions answered in the Rare-Earth Metals Market Report are:

• What is Rare-Earth Metals Market?
• What is the forecast period of the Rare-Earth Metals Market?
• What is the competitive scenario of the Rare-Earth Metals market?
• Which region held the largest market share in the Rare-Earth Metals Market?
• What are the opportunities for the Rare-Earth Metals Market?
• What are the restraining factors in the Rare-Earth Metals market?
• Who are the key players of the Rare-Earth Metals market?

Key offerings:

• Market Share, Size, and Forecast by Revenue|2022-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation: A detailed analysis by Rare-Earth Metals
• Landscape- Leading key players and other prominent key players.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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