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World Rare Earths

World Rare Earths

Growth in the world market for rare earths will rise 3.5% per year through 2019 in volume terms.  Advances will be driven by increased production of neodymium magnets and nickel-metal hydride (Ni-MH) batteries used in hybrid and electric vehicles (H/EVs).  Upgrades to oil refineries and related expansions in catalytic cracking capacity will also fuel gains.

This report segments the world rare earths industry by Product and Market.  Historical data and forecasts for rare earths mine production are also included for each major country.  Data is provided in metric tons and in million US dollars.

Major rare earth products include:
Cerium
Lanthanum
Neodymium
Praseodymium
Yttrium

Cerium is the leading rare earth product, supported by its low cost, versatility, and diverse range of end uses.  The fastest growth will be for neodymium and praseodymium, boosted by rising global output of neodymium-iron-boron permanent magnets.  

Key markets for rare earths are:
Permanent Magnets
Glass, Polishing, & Ceramics
Fluid Cracking Catalysts (FCCs)
Metal Processing
Battery Alloys
Autocatalysts
Phosphors

Permanent magnets were the leading outlet in 2014.  The most rapid gains through 2019 are forecast for the battery alloys market, spurred by rising production of Ni-MH batteries for consumer electronic and H/EV applications.

World regions and countries covered in the study include:
North America 
Western Europe 
Asia/Pacific 
Central & South America
Eastern Europe 
Africa/Mideast

The Asia/Pacific region will remain by far the largest consumer of rare earths, accounting for over 80% of global demand in 2019.  Sales will be dominated by the massive Chinese market, due to strong growth in the country’s output of permanent magnets, FCCs, battery alloys, and autocatalysts.  

The largest suppliers of rare earths are all state-owned conglomerates in China that operate mining, separation, and refining facilities in the country.  The world’s top suppliers in 2014 included Aluminum Corporation of China (Chinalco), China Minmetals, China Northern Rare Earth Group High-Tech, Ganzhou Rare Earth Group, China Nonferrous Metal Industry’s Foreign Engineering and Construction, Jiangxi Copper, Lynas, Molycorp, Solvay, and Xiamen Tungsten.  


  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table WORLD RARE EARTHS DEMAND
  • MARKET ENVIRONMENT
    • General
    • World Economic Overview
      • Recent Historical Trends
      • World Economic Outlook
        • Table WORLD GROSS DOMESTIC PRODUCT BY REGION
    • World Demographic Outlook
      • Table WORLD POPULATION BY REGION
    • World Manufacturing Outlook
      • Table WORLD MANUFACTURING VALUE ADDED BY REGION
    • World Permanent Magnets Trends
      • Table WORLD PERMANENT MAGNET SHIPMENTS BY TYPE & REGION
    • World Petroleum Refining Outlook
      • Table WORLD REFINED PETROLEUM LIQUIDS PRODUCTION BY REGION
    • World Rechargeable Battery Outlook
      • Table WORLD RECHARGEABLE BATTERY SHIPMENTS BY REGION
    • World Crude Steel Production Trends
      • Table WORLD CRUDE STEEL PRODUCTION BY REGION
    • World Electronic Equipment Outlook
      • Table WORLD ELECTRONIC EQUIPMENT MANUFACTURING VALUE ADDED BY REGION
    • World Motor Vehicle Outlook
      • World Motor Vehicle Production Trends
        • Table WORLD MOTOR VEHICLE PRODUCTION BY TYPE & REGION
      • Hybrid & Electric Vehicles
        • Table WORLD HYBRID & ELECTRIC VEHICLE PRODUCTION BY TYPE & REGION
    • Technology
      • Table THE RARE EARTH ELEMENTS
      • Production & Processing Technologies
      • Emerging Technologies
      • Recycling
      • Competitive Materials
    • Pricing Trends
      • Table CHINA'S RARE EARTH EXPORT QUOTAS, 2004-2014*
      • Table WORLD RARE EARTH PRICES
      • Table CHART II-1 WORLD RARE EARTH PRICES*, 2004-2024
    • Environmental & Regulatory Considerations
  • WORLD RARE EARTHS SUPPLY & DEMAND
    • General
    • Regional Overview
      • Demand
        • Table WORLD RARE EARTHS DEMAND BY REGION
        • Table CHART III-1 WORLD RARE EARTHS DEMAND, 2004-2014
      • Production
        • Table WORLD RARE EARTHS MINE PRODUCTION BY REGION
        • Table CHART III-2 WORLD RARE EARTHS MINE PRODUCTION BY COUNTRY, 2014 & 2024
        • Table SELECTED RARE EARTHS MINE PROJECTS
      • Reserves
        • Table WORLD RARE EARTHS RESERVES BY COUNTRY, 2014
      • International Trade
    • Demand by Product
      • Table WORLD RARE EARTHS DEMAND BY PRODUCT
      • Table CHART III-3 WORLD RARE EARTHS DEMAND BY PRODUCT, 2014
      • Cerium
        • Table WORLD CERIUM DEMAND BY MARKET & REGION
      • Lanthanum
        • Table WORLD LANTHANUM DEMAND BY MARKET & REGION
      • Neodymium
        • Table WORLD NEODYMIUM DEMAND BY MARKET & REGION
      • Praseodymium
        • Table WORLD PRASEODYMIUM DEMAND BY MARKET & REGION
      • Yttrium
        • Table WORLD YTTRIUM DEMAND BY MARKET & REGION
      • Other Rare Earths
        • Table WORLD DEMAND FOR OTHER RARE EARTHS BY PRODUCT, MARKET & REGION
    • Demand by Market
      • Table WORLD RARE EARTHS DEMAND BY MARKET
      • Table CHART III-4 WORLD RARE EARTHS DEMAND BY MARKET, 2014
      • Permanent Magnets
        • Table WORLD PERMANENT MAGNET MARKET FOR RARE EARTHS BY REGION
      • Glass, Polishing, & Ceramics
        • Table WORLD GLASS, POLISHING, & CERAMICS MARKET FOR RARE EARTHS BY REGION
      • Fluid Cracking Catalysts
        • Table WORLD FLUID CRACKING CATALYST MARKET FOR RARE EARTHS BY REGION
      • Metal Processing
        • Table WORLD METAL PROCESSING MARKET FOR RARE EARTHS BY REGION
      • Battery Alloys
        • Table WORLD BATTERY ALLOY MARKET FOR RARE EARTHS BY REGION
      • Autocatalysts
        • Table WORLD AUTOCATALYST MARKET FOR RARE EARTHS BY REGION
      • Phosphors
        • Table WORLD PHOSPHORS MARKET FOR RARE EARTHS BY REGION
      • Other Markets
        • Table WORLD DEMAND FOR RARE EARTHS IN OTHER MARKETS BY REGION
  • NORTH AMERICA
    • North America: Economic Overview
    • North America: Rare Earths Products & Suppliers
      • Table NORTH AMERICA: RARE EARTHS DEMAND BY PRODUCT
      • Table CHART IV-1 NORTH AMERICA: RARE EARTHS DEMAND BY COUNTRY, 2014
    • North America: Rare Earths Markets
      • Table NORTH AMERICA: RARE EARTHS DEMAND BY MARKET
    • United States
      • United States: Economic Overview
      • United States: Rare Earths Products & Suppliers
        • Table UNITED STATES: RARE EARTHS DEMAND BY PRODUCT
      • United States: Rare Earths Markets
        • Table UNITED STATES: RARE EARTHS DEMAND BY MARKET
    • Canada
      • Canada: Economic Overview
      • Canada: Rare Earths Products & Suppliers
        • Table CANADA: RARE EARTHS DEMAND BY PRODUCT
      • Canada: Rare Earths Markets
        • Table CANADA: RARE EARTHS DEMAND BY MARKET
    • Mexico
      • Mexico: Economic Overview
      • Mexico: Rare Earths Products & Suppliers
        • Table MEXICO: RARE EARTHS DEMAND BY PRODUCT
      • Mexico: Rare Earths Markets
        • Table MEXICO: RARE EARTHS DEMAND BY MARKET
  • WESTERN EUROPE
    • Western Europe: Economic Overview
    • Western Europe: Rare Earths Products & Suppliers
      • Table WESTERN EUROPE: RARE EARTHS DEMAND BY PRODUCT
      • Table CHART V-1 WESTERN EUROPE: RARE EARTHS DEMAND BY COUNTRY, 2014
    • Western Europe: Rare Earths Markets
      • Table WESTERN EUROPE: RARE EARTHS DEMAND BY MARKET
    • France
      • France: Economic Overview
      • France: Rare Earths Products & Suppliers
        • Table FRANCE: RARE EARTHS DEMAND BY PRODUCT
      • France: Rare Earths Markets
        • Table FRANCE: RARE EARTHS DEMAND BY MARKET
    • Germany
      • Germany: Economic Overview
      • Germany: Rare Earths Products & Suppliers
        • Table GERMANY: RARE EARTHS DEMAND BY PRODUCT
      • Germany: Rare Earths Markets
        • Table GERMANY: RARE EARTHS DEMAND BY MARKET
    • United Kingdom
      • United Kingdom: Economic Overview
      • United Kingdom: Rare Earths Products & Suppliers
        • Table UNITED KINGDOM: RARE EARTHS DEMAND BY PRODUCT
      • United Kingdom: Rare Earths Markets
        • Table UNITED KINGDOM: RARE EARTHS DEMAND BY MARKET
    • Italy
      • Italy: Economic Overview
      • Italy: Rare Earths Products & Suppliers
        • Table ITALY: RARE EARTHS DEMAND BY PRODUCT
      • Italy: Rare Earths Markets
        • Table ITALY: RARE EARTHS DEMAND BY MARKET
    • Other Western Europe
      • Other Western Europe: Economic Overview
      • Other Western Europe: Rare Earths Products & Suppliers
        • Table OTHER WESTERN EUROPE: RARE EARTHS DEMAND BY PRODUCT & COUNTRY
      • Other Western Europe: Rare Earths Markets
        • Table OTHER WESTERN EUROPE: RARE EARTHS DEMAND BY MARKET
  • ASIA/PACIFIC
    • Asia/Pacific: Economic Overview
    • Asia/Pacific: Rare Earths Products & Suppliers
      • Table ASIA/PACIFIC: RARE EARTHS DEMAND BY PRODUCT
      • Table CHART VI-1 ASIA/PACIFIC: RARE EARTHS DEMAND BY COUNTRY, 2014
    • Asia/Pacific: Rare Earths Markets
      • Table ASIA/PACIFIC: RARE EARTHS DEMAND BY MARKET
    • China
      • China: Economic Overview
      • China: Rare Earths Products & Suppliers
        • Table CHINA: RARE EARTHS DEMAND BY PRODUCT
      • China: Rare Earths Markets
        • Table CHINA: RARE EARTHS DEMAND BY MARKET
    • Japan
      • Japan: Economic Overview
      • Japan: Rare Earths Products & Suppliers
        • Table JAPAN: RARE EARTHS DEMAND BY PRODUCT
      • Japan: Rare Earths Markets
        • Table JAPAN: RARE EARTHS DEMAND BY MARKET
    • South Korea
      • South Korea: Economic Overview
      • South Korea: Rare Earths Products & Suppliers
        • Table SOUTH KOREA: RARE EARTHS DEMAND BY PRODUCT
      • South Korea: Rare Earths Markets
        • Table SOUTH KOREA: RARE EARTHS DEMAND BY MARKET
    • India
      • India: Economic Overview
      • India: Rare Earths Products & Suppliers
        • Table INDIA: RARE EARTHS DEMAND BY PRODUCT
      • India: Rare Earths Markets
        • Table INDIA: RARE EARTHS DEMAND BY MARKET
    • Taiwan
      • Taiwan: Economic Overview
      • Taiwan: Rare Earths Products & Suppliers
        • Table TAIWAN: RARE EARTHS DEMAND BY PRODUCT
      • Taiwan: Rare Earths Markets
        • Table TAIWAN: RARE EARTHS DEMAND BY MARKET
    • Other Asia/Pacific
      • Other Asia/Pacific: Economic Overview
      • Other Asia/Pacific: Rare Earths Products & Suppliers
        • Table OTHER ASIA/PACIFIC: RARE EARTHS DEMAND BY PRODUCT
      • Other Asia/Pacific: Rare Earths Markets
        • Table OTHER ASIA/PACIFIC: RARE EARTHS DEMAND BY MARKET
  • OTHER REGIONS
    • Central & South America
      • Central & South America: Economic Overview
      • Central & South America: Rare Earths Products & Suppliers
        • Table CENTRAL & SOUTH AMERICA: RARE EARTHS DEMAND BY PRODUCT
      • Central & South America: Rare Earths Markets
        • Table CENTRAL & SOUTH AMERICA: RARE EARTHS DEMAND BY MARKET
    • Eastern Europe
      • Eastern Europe: Economic Overview
      • Eastern Europe: Rare Earths Products & Suppliers
        • Table EASTERN EUROPE: RARE EARTHS DEMAND BY PRODUCT
      • Eastern Europe: Rare Earths Markets
        • Table EASTERN EUROPE: RARE EARTHS DEMAND BY MARKET
      • Russia
        • Table RUSSIA: RARE EARTHS DEMAND BY PRODUCT
        • Table RUSSIA: RARE EARTHS DEMAND BY MARKET
      • Other Eastern Europe
        • Table OTHER EASTERN EUROPE: RARE EARTHS DEMAND BY PRODUCT
        • Table OTHER EASTERN EUROPE: RARE EARTHS DEMAND BY MARKET
    • Africa/Mideast
      • Africa/Mideast: Economic Overview
      • Africa/Mideast: Rare Earths Products & Suppliers
        • Table AFRICA/MIDEAST: RARE EARTHS DEMAND BY PRODUCT
      • Africa/Mideast: Rare Earths Markets
        • Table AFRICA/MIDEAST: RARE EARTHS DEMAND BY MARKET
  • INDUSTRY STRUCTURE
    • General
    • Industry Composition
      • Table WORLD RARE EARTH SALES BY COMPANY, 2014
    • Market Share
      • Table CHART VIII-1 WORLD RARE EARTHS MARKET SHARE, 2014
    • Marketing & Distribution
    • Mergers, Acquisitions, & Divestitures
      • Table SELECTED CONSOLIDATION ACTIVITIES IN CHINA'S RARE EARTHS INDUSTRY
      • Table SELECTED ACQUISITIONS & DIVESTITURES
    • Cooperative Agreements
      • Table SELECTED COOPERATIVE AGREEMENTS
      • Table MEMORANDUMS OF UNDERSTANDING & OTHER AGREEMENTS
    • Company Profiles
      • Alkane Resources Limited
      • Aluminum Corporation of China Limited
      • Arafura Resources Limited
      • Avalon Rare Metals Incorporated
      • China Minmetals Corporation
      • China Nonferrous Metal Industry's Foreign Engineering and Construction Company Limited
      • China Northern Rare Earth Group High-Tech Company Limited
      • China Rare Earth Holdings Limited
      • Frontier Rare Earths Limited
      • Ganzhou Qiandong Rare Earth Group Company Limited
      • Ganzhou Rare Earth Group Company Limited
      • Great Western Minerals Group Limited
      • Greenland Minerals and Energy Limited
      • GRINM Advanced Materials Company Limited
      • Iluka Resources Limited
      • Indian Rare Earths Limited
      • Jiangxi Copper Corporation
      • Jiangxi Rare Earth and Rare Metals Tungsten Group Corporation
      • Lynas Corporation Limited
      • Medallion Resources Limited
      • Molycorp Incorporated
      • Pele Mountain Resources Incorporated
      • Quest Rare Minerals Limited
      • Rare Element Resources Limited
      • Rising Nonferrous Metals Company Limited
      • Shin-Etsu Chemical Company Limited
      • Solvay SA
      • Treibacher Industrie AG
      • Ucore Rare Metals Incorporated
      • Xiamen Tungsten Company Limited
    • Other Companies Involved in the Rare Earths Industry

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