Global Rare Earth Metals Market Growth 2025-2031
Description
The global Rare Earth Metals market size is predicted to grow from US$ 527 million in 2025 to US$ 273 million in 2031; it is expected to grow at a CAGR of -10.4% from 2025 to 2031.
Rare earth metals are vital to the world’s economy. They are essential to developing technologies in the communications, electronics, and military weapons markets. It is widely used in metallurgy, rare earth permanent magnet material and hydrogen storage material.
Rare earth metals typically include scandium (Sc-21), yttrium (Y-39), lanthanum (La-57), cerium (Ce-58), praseodymium (Pr-59), neodymium (Nd-60), promethium (Pm-61), samarium (Sm-62), europium (Eu-63), gadolinium (Gd-64), terbium (Tb-65), dysprosium (Dy-66), holmium (Ho-67), erbium (Er-68), thulium (Tm-69), ytterbium (Yb-70), and lutetium (Lu-71).
Global Rare Earth Metals key players include Beifang Rare Earth, Integral Materials Investment Vietnam, Grirem Advanced Materials, Chenguang Rare Earths New Material, Jiangtong Rare Earth, etc. Global top five manufacturers hold a share over 60%.
China is the largest market, with a share over 80%.
In terms of product, Pr-Nd is the largest segment, with a share over 70%. And in terms of application, the largest application is Rare Earth Permanent Magnet Material, followed by Metallurgy, Hydrogen Storage Material, etc.
LP Information, Inc. (LPI) ' newest research report, the “Rare Earth Metals Industry Forecast” looks at past sales and reviews total world Rare Earth Metals sales in 2024, providing a comprehensive analysis by region and market sector of projected Rare Earth Metals sales for 2025 through 2031. With Rare Earth Metals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rare Earth Metals industry.
This Insight Report provides a comprehensive analysis of the global Rare Earth Metals landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rare Earth Metals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Rare Earth Metals market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rare Earth Metals and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rare Earth Metals.
This report presents a comprehensive overview, market shares, and growth opportunities of Rare Earth Metals market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Pr-Nd
La-Ce
La
Ce
Pr
Nd
Others
Segmentation by Application:
Metallurgy
Rare Earth Permanent Magnet Material
Hydrogen Storage Material
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Beifang Rare Earth
Integral Materials Investment Vietnam
Chenguang Rare Earths New Material
Sunlux Rare Metal
Grirem Advanced Materials
Baotou Xinye New Materials
Ganzhou Rare Earth Metals
Jiangtong Rare Earth
Xiamen Tungsten
Shenghe Resources
Yiyang Hongyuan Rare Earth
Key Questions Addressed in this Report
What is the 10-year outlook for the global Rare Earth Metals market?
What factors are driving Rare Earth Metals market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Rare Earth Metals market opportunities vary by end market size?
How does Rare Earth Metals break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Rare earth metals are vital to the world’s economy. They are essential to developing technologies in the communications, electronics, and military weapons markets. It is widely used in metallurgy, rare earth permanent magnet material and hydrogen storage material.
Rare earth metals typically include scandium (Sc-21), yttrium (Y-39), lanthanum (La-57), cerium (Ce-58), praseodymium (Pr-59), neodymium (Nd-60), promethium (Pm-61), samarium (Sm-62), europium (Eu-63), gadolinium (Gd-64), terbium (Tb-65), dysprosium (Dy-66), holmium (Ho-67), erbium (Er-68), thulium (Tm-69), ytterbium (Yb-70), and lutetium (Lu-71).
Global Rare Earth Metals key players include Beifang Rare Earth, Integral Materials Investment Vietnam, Grirem Advanced Materials, Chenguang Rare Earths New Material, Jiangtong Rare Earth, etc. Global top five manufacturers hold a share over 60%.
China is the largest market, with a share over 80%.
In terms of product, Pr-Nd is the largest segment, with a share over 70%. And in terms of application, the largest application is Rare Earth Permanent Magnet Material, followed by Metallurgy, Hydrogen Storage Material, etc.
LP Information, Inc. (LPI) ' newest research report, the “Rare Earth Metals Industry Forecast” looks at past sales and reviews total world Rare Earth Metals sales in 2024, providing a comprehensive analysis by region and market sector of projected Rare Earth Metals sales for 2025 through 2031. With Rare Earth Metals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rare Earth Metals industry.
This Insight Report provides a comprehensive analysis of the global Rare Earth Metals landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rare Earth Metals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Rare Earth Metals market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rare Earth Metals and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rare Earth Metals.
This report presents a comprehensive overview, market shares, and growth opportunities of Rare Earth Metals market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Pr-Nd
La-Ce
La
Ce
Pr
Nd
Others
Segmentation by Application:
Metallurgy
Rare Earth Permanent Magnet Material
Hydrogen Storage Material
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Beifang Rare Earth
Integral Materials Investment Vietnam
Chenguang Rare Earths New Material
Sunlux Rare Metal
Grirem Advanced Materials
Baotou Xinye New Materials
Ganzhou Rare Earth Metals
Jiangtong Rare Earth
Xiamen Tungsten
Shenghe Resources
Yiyang Hongyuan Rare Earth
Key Questions Addressed in this Report
What is the 10-year outlook for the global Rare Earth Metals market?
What factors are driving Rare Earth Metals market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Rare Earth Metals market opportunities vary by end market size?
How does Rare Earth Metals break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
111 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Rare Earth Metals by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Rare Earth Metals by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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