Rare Earths: Worldwide Markets, Applications, Technologies

BCC Research
January 1, 2012
334 Pages - SKU: WA6727324
License type:
Countries covered: Global

The global market for rare earths increased from 111.5 thousand metric tons of equivalent rare earth oxides (REO) in 2009 to 141.3 thousand metric tons in 2010, and is estimated to reach 158.2 thousand metric tons by the end of 2011. Consequently, the total market for rare earths is forecast to grow at a CAGR of 10.3% through 2016, leading to the consumption of nearly 258 billion tons of REO in 2016.

The mechanical/metallurgical sector is estimated to account for 32.1% of total REO consumption in 2011. This sector was 44.8 thousand metric tons in 2010 and is expected to reach 51 thousand metric tons by the end of 2011. BCC expects this market to grow to 77 billion tons by 2016 increasing at a CAGR of 8.6%.

The energy segment is the fastest growing segment of the global rare earths market. This segment has grown from 23 thousand metric tons in 2010 to 27.3 thousand metric tons in 2011. By 2016 the energy segment will reach 62 thousand metric tons increasing at a CAGR of 17.8%.



Additional Information

INTRODUCTION

STUDY GOALS AND OBJECTIVES

Rare earths are a group of 17 metallic elements that have similar chemical structures with unique properties. BCC has followed the rare earth market for more than 15 years, reporting on all the latest technical and market developments. During this period, consumption of these materials has expanded by a factor of three and many new products containing these elements have been introduced. With this study, BCC Research continues its commitment to monitoring the rare earth market. BCC will provide an updated review of the most important advances in rare earth technology and production, a detailed overview of the current market, and an objective analysis of prospects for future growth.

More Global Rare Earth Metals Reports

Beryllium by Global Industry Analysts
This report analyzes the worldwide markets for Beryllium in Metric Tons by the following End-use Segments: Telecom Equipment/Computers, Automotive Electronics, Aerospace and Defense, Industrial Components, ...

Freedonia Focus on World Rare Earths by Freedonia Focus
This report discusses world rare earths demand for the years 2005 and 2010, with forecasts to 2015. Topics covered include demand by product and ...

The Global Rare Earth Elements Market 2011-2015: Is the Hype Justified? by IMARC
Recent findings suggesting a global supply shortage of rare earth elements has created a panic among end users and a gold rush among miners. IMARC ...

Rare Earth Elements Markets Worldwide by SBI
This research report presents an in-depth analysis of the production, market, development, applications, and trends for rare earth elements (REE). The 17 different rare ...

Rare Earth Metal Market Shares, Strategies, and Forecasts, Worldwide, 2011 to 2017 by Wintergreen Research
WinterGreen Research announces that it has a new study on Rare Earth Elements: Market Shares and Forecasts, Worldwide, 2011-2017. The study has 246 pages and ...

See all reports like this >>