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Global Rare Earth Materials Market 2021
25 May 2021
The rare earths are a relatively abundant group of 17 elements composed of scandium, yttrium, and the lanthanides. Rare earth elements occur in many minerals but typically in concentrations too low to be refined in an economical manner. Rare earths are used as catalysts, phosphors, and polishing compounds. These are used for air pollution control, illuminated screens on electronic devices, and the polishing of optical-quality glass. The global rare earth materials market in terms of revenue is set to grow by US$ 4 billion during 2021-2027, growing at a compound annual growth rate (CAGR) of 6.7% during the forecast period, according to data and analytics company StrategyHelix. Electric and hybrid motor vehicle development and wind turbine manufacturing growth, escalating demand for rare earth materials in metallurgy and battery applications are expected to boost the market growth in the coming years.
The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for rare earth materials. The global rare earth materials market is segmented on the basis of element, end use, region. By element, it is categorized into cerium, lanthanum, neodymium, praseodymium, yttrium, and others. The cerium segment held the largest market share in 2020. By end use, the rare earth materials market is divided into catalysts, magnets, metallurgy, batteries, glass & ceramics, phosphors & pigments, and others. Based on region, the rare earth materials market is divided into North America, Asia Pacific, Europe, and Rest of the World (ROW).
The report has profiled some of the key players of the market such as Blue Line Corporation, China Rare Earth Holdings Limited (Yixing Xinwei Holdings Limited), Gansu Rare Earth Group Co. Ltd., HEFA Rare Earth Canada Co. Ltd., Lynas Corporationn, Shanghai Yuelong New Materials Co. Ltd., Treibacher Industrie AG.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the rare earth materials market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Element: cerium, lanthanum, neodymium, praseodymium, yttrium, and others
End use: catalysts, magnets, metallurgy, batteries, glass & ceramics, phosphors & pigments, and others
Region: North America, Asia Pacific, Europe, and Rest of the World (ROW)
Years Considered: this report covers the period 2017 to 2027
Key Benefits for Stakeholders
Get a comprehensive picture of the global rare earth materials market
Pinpoint growth sectors and trends for investment
Understand what the future of the global rare earth materials market looks like
Identify the competitive landscape and window of opportunity
Table of Contents
1. Market Definition
2. Research Methodology
3. Market Data & Outlook
3.1 Market Value
3.2 Market Value Forecast
4. Rare Earth Materials Market by Element
5. Rare Earth Materials Market by End Use
5.5 Glass & Ceramics
5.6 Phosphors & Pigments
6. Rare Earth Materials Market by Region
6.1 North America
6.2 Asia Pacific
6.4 Rest Of The World (Row)
7. Company Profiles
7.1 Blue Line Corporation
7.2 China Rare Earth Holdings Limited (Yixing Xinwei Holdings Limited)
7.3 Gansu Rare Earth Group Co., Ltd.
7.4 HEFA Rare Earth Canada Co. Ltd.
7.5 Lynas Corporationn
7.6 Shanghai Yuelong New Materials Co., Ltd.
7.7 Treibacher Industrie AG
8.1 About StrategyHelix