
Global Rare Earth Material Market Analysis, 2020
By Type (Cerium, Neodymium, Lanthanum, Dysprosium, Terbium, Yttrium, Scandium, Other Types), By Application (Catalysts, Ceramics, Phosphors, Glass and Polishing, Metallurgy, Magnet...s, Other Applications), By Region (North America, South America, Europe, Middle East and Africa, Asia-Pacific), By Country (United States, Canada, Mexico, Brazil, Germany, Italy, France, Spain, United Kingdom, Saudi Arabia, South Africa, China, India, Japan, South Korea), By Company Read more
- Chemicals
- Dec 2019
- 194
- PDF, Excel, PPT
A rising need for permanent magnet and battery applications is anticipated to fuel the demand for rare earth materials. Due to the escalating demand for high-purity products to achieve higher product quality, it is expected to drive the growth for the Global Rare Earth Materials market.
Report Coverage | Details |
Study Period | Historical Data: 2015-19 |
Base Year: 2019 | |
Forecast Period: 2020-25 | |
Regions Covered | North America |
Europe | |
Asia-Pacific | |
South America | |
Middle East & Africa | |
Unit Denominations | USD Million/Billion |
The Global Rare Earth Materials market is a highly fragmented market with many players operating in the market. Based on the product quality, independence of project funding, and global distribution and sales network, the leading companies are Lynas Corporation, Treibacher industries, HEFA Rare Earth Canada Co. Ltd. These companies hold a market share of around 8%-13%.
According to MarkNtel Advisors titled “Global Rare Earth Materials Market Analysis, 2020”, the global market is expected to grow at a CAGR of around 3% during 2020-25. The size of the Global Rare Earth Material market was around USD 5.40 billion in 2018. A large volume of rapidly growing volume demand from China, Japan, Korea, Brazil, and Western Europe is driving the demand for rare earth materials.
New Rare Earth Mining Discoveries Can Flourish the Demand Globally
China has been the largest producer and supplier of rare earth materials. In 2010, after the restriction imposed on China’s exports, a pessimistic impacton the sales of rare material was witnessed. However, Australia and Japan are also entering into rare earth mining and processing activities due to which price of the raw material is tend to decline over the coming years. Thus, slump in the China rare earth material market can be forecasted in the forthcoming years. Moreover, many countries are attempting to find the alternatives of rare materials, for instance, Apple Inc. announced that they stopped the usage of rare materials and instead use only recycled sources.
Based on the type, cerium, lanthanum, and neodymium are the most used rare earth materials. Cerium has its key applications into autocatalysts, metallurgy, and glass polishing. The CAGR of cerium is expected to grow around 2.6% during 2020-25. Moreover, lanthanum accounted for the highest market share exceeding one-fourth of the total market in 2019 and has wide applications as a part of alloys used in batteries and petroleum refining.
According to MarkNtel Advisors, the major companies capturing a considerable market share are Rare Element, Alvalon Advanced, Eutectix, Shin-Etsu Chemical, Alkane Resources, Aluminium Corporation of China, Arafura Resources, China Minmetals, Galaxy Resources, and Caneus Minerals, among others.
Key Questions Answered in the Market Research Report
- What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Rare Earth Material Market?
- What are the region wise industry size, growth drivers and challenges key market trends?
- What are the key innovations, opportunities, regulations in the Global Rare Earth Material Market?
- Who are the key competitors or market players and how they perform in Global Rare Earth Material Market on the basis of competitive benchmarking matrix?
- What are the key results derived from the market surveys conducted during the course of Global Rare Earth Material Market study?
Market Outlook, Segmentation and Statistics
- Market Size & Analysis
- Market Revenue
- Quantity Sold
- Market Share & Analysis
- By Type
- Cerium
- Neodymium
- Lanthanum
- Dysprosium
- Terbium
- Yttrium
- Scandium
- Other Types
- By Application
- Catalysts
- Ceramics
- Phosphors
- Glass and Polishing
- Metallurgy
- Magnets
- Other Applications
- By Region
- North America
- United states
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Europe
- France
- Germany
- Italy
- United Kingdom
- Spain
- Middle East & Africa
- Saudi Arabia
- South Africa
- Asia-Pacific
- China
- India
- Japan
- South Korea
- By Company
- Revenue Shares
- Strategic Factorial Indexing
- Competitor Placement in Markntel Quadrant
- By Type
- North America Rare Earth Material Market Outlook, 2015- 2025F (USD Million)
- South America Rare Earth Material Market Outlook, 2015- 2025F (USD Million)
- Europe Rare Earth Material Market Outlook, 2015- 2025F (USD Million)
- Middle East & Africa Rare Earth Material Market Outlook, 2015- 2025F (USD Million)
- Asia-Pacific Rare Earth Material Market Outlook, 2015- 2025F (USD Million)
- Global Rare Earth Material Market Policies, Regulations, Application Standards
- Global Rare Earth Material Market Hotspot and Opportunities
- Global Rare Earth Material Market Key Strategic Imperatives for Success and Growth
- Competitive Outlook
- Competition Matrix
- Company Profile
Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on Global Rare Earth Material Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecasted up-to 2025.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Billion, while the market volume is measured in terms of quantity sold (Million Tons).
Q. What would be the growth rate or CAGR of Global Rare Earth Material Market during 2020-25?
A. The growth rate of Global Rare Earth Material Market during 2020-25 is forecast to be around 3%.
Q. Which region would grab the highest market share during 2020-25?
A. It is forecast that Asia-Pacific will dominate the market with majority market share, with market size registering considerably higher CAGR.
Q. Who are the key competitors or players operating in Global Rare Earth Material Market?
A. Rare Element, Alvalon Advanced, Eutectix, Shin-Etsu Chemical, Alkane Resources, Aluminium Corporation of China, Arafura Resources, China Minmetals, Galaxy Resources, Caneus Minerals are few of the leading players in the Global Rare Earth Material Market.
Q. Does the report scope cover Global Rare Earth Material type wise market statistics also?
A. Yes, the scope of the report encompass detailed Global Rare Earth Material type wise statistics such as market size, market segmentation based on various subcategories.
Frequently Asked Questions
1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Executive Summary
3. Experts Verbatim-What our experts say?
4. Global Rare Earth Material Market Analysis, 2015- 2025F
4.1. Market Size & Analysis
4.1.1. Market Revenue
4.1.2. Quantity Sold
4.2. Market Share & Analysis
4.2.1. By Element
4.2.1.1. Cerium
4.2.1.2. Neodymium
4.2.1.3. Lanthanum
4.2.1.4. Dysprosium
4.2.1.5. Terbium
4.2.1.6. Yttrium
4.2.1.7. Scandium
4.2.1.8. Other Types
4.2.2. By Application
4.2.2.1. Catalysts
4.2.2.2. Ceramics
4.2.2.3. Phosphors
4.2.2.4. Glass and Polishing
4.2.2.5. Metallurgy
4.2.2.6. Magnets
4.2.2.7. Other Applications
4.2.3. By Region
4.2.3.1. North America
4.2.3.2. South America
4.2.3.3. Europe
4.2.3.4. Middle East and Africa
4.2.3.5. Asia-Pacific
4.2.4. By Company
4.2.4.1. Revenue Shares
4.2.4.2. Strategic Factorial Indexing
4.2.4.3. Competitor Placement in MarkNtel Quadrant
5. North America Rare Earth Material Market Analysis, 2015- 2025F
5.1. Market Size & Analysis
5.1.1. Market Revenue
5.1.2. Quantity Sold
5.2. Market Share & Analysis
5.2.1. By Type
5.2.2. By Application
5.2.3. By Country
5.2.3.1. United States
5.2.3.2. Canada
5.2.3.3. Mexico
5.3. United States Rare Earth Material Market Analysis, 2015- 2025F
5.3.1. Market Size & Analysis
5.3.1.1. Market Revenue
5.3.1.2. Quantity Sold
5.4. Canada Rare Earth Material Market Analysis, 2015- 2025F
5.4.1. Market Size & Analysis
5.4.1.1. Market Revenue
5.4.1.2. Quantity Sold
5.5. Mexico Rare Earth Material Market Analysis, 2015- 2025F
5.5.1. Market Size & Analysis
5.5.1.1. Market Revenue
5.5.1.2. Quantity Sold
6. South America Rare Earth Material Market Analysis, 2015-2025F
6.1. Market Size & Analysis
6.1.1. Market Revenue
6.1.2. Quantity Sold
6.2. Market Share & Analysis
6.2.1. By Type
6.2.2. By Application
6.2.3. By Country
6.2.3.1. Brazil
6.2.3.2. Argentina
6.3. Brazil Rare Earth Material Market Analysis, 2015- 2025F
6.3.1. Market Size & Analysis
6.3.1.1. Market Revenue
6.3.1.2. Quantity Sold
6.4. Argentina Rare Earth Material Market Analysis, 2015- 2025F
6.4.1. Market Size & Analysis
6.4.1.1. Market Revenue
6.4.1.2. Quantity Sold
7. Europe Rare Earth Material Market Analysis, 2015-2025F
7.1. Market Size & Analysis
7.1.1. Market Revenue
7.1.2. Quantity Sold
7.2. Market Share & Analysis
7.3. By Type
7.4. By Application
7.4.1. By Country
7.4.1.1. Germany
7.4.1.2. France
7.4.1.3. Italy
7.4.1.4. Spain
7.4.1.5. United Kingdom
7.5. Germany Rare Earth Material Market Analysis, 2015- 2025F
7.5.1. Market Size & Analysis
7.5.1.1. Market Revenue
7.5.1.2. Quantity Sold
7.6. France Rare Earth Material Market Analysis, 2015- 2025F
7.6.1. Market Size & Analysis
7.6.1.1. Market Revenue
7.6.1.2. Quantity Sold
7.7. Italy Rare Earth Material Market Analysis, 2015- 2025F
7.7.1. Market Size & Analysis
7.7.1.1. Market Revenue
7.7.1.2. Quantity Sold
7.8. Spain Rare Earth Material Market Analysis, 2015- 2025F
7.8.1. Market Size & Analysis
7.8.1.1. Market Revenue
7.8.1.2. Quantity Sold
7.9. United Kingdom Rare Earth Material Market Analysis, 2015- 2025F
7.9.1. Market Size & Analysis
7.9.1.1. Market Revenue
7.9.1.2. Quantity Sold
8. Middle East and Africa Rare Earth Material Market Analysis, 2015-2025F
8.1. Market Size & Analysis
8.1.1. Market Revenue
8.1.2. Quantity Sold
8.2. Market Share & Analysis
8.2.1. By Type
8.2.2. By Application
8.2.3. By Country
8.2.3.1. Saudi Arabia
8.2.3.2. South Africa
8.3. Saudi Arabia Rare Earth Material Market Analysis, 2015- 2025F
8.3.1. Market Size & Analysis
8.3.1.1. Market Revenue
8.3.1.2. Quantity Sold
8.4. South Africa Rare Earth Material Market Analysis, 2015- 2025F
8.4.1. Market Size & Analysis
8.4.1.1. Market Revenue
8.4.1.2. Quantity Sold
9. Asia-Pacific Rare Earth Material Market Analysis, 2015-2025F
9.1. Market Size & Analysis
9.1.1. Market Revenue
9.1.2. Quantity Sold
9.2. Market Share & Analysis
9.2.1. By Type
9.2.2. By Application
9.2.3. By Country
9.2.3.1. China
9.2.3.2. India
9.2.3.3. Japan
9.2.3.4. South Korea
9.3. China Rare Earth Material Market Analysis, 2015- 2025F
9.3.1. Market Size & Analysis
9.3.1.1. Market Revenue
9.3.1.2. Quantity Sold
9.4. India Rare Earth Material Market Analysis, 2015- 2025F
9.4.1. Market Size & Analysis
9.4.1.1. Market Revenue
9.4.1.2. Quantity Sold
9.5. Japan Rare Earth Material Market Analysis, 2015- 2025F
9.5.1. Market Size & Analysis
9.5.1.1. Market Revenue
9.5.1.2. Quantity Sold
9.6. South Korea Rare Earth Material Market Analysis, 2015- 2025F
9.6.1. Market Size & Analysis
9.6.1.1. Market Revenue
9.6.1.2. Quantity Sold
10. Global Rare Earth Material Market Policies, Regulations, Product and Services Standards
11. Global Rare Earth Material Market Trends & Insights
12. Global Rare Earth Material Market Dynamics
12.1.Growth Drivers
12.2.Challenges
12.3.Impact Analysis
13. Global Rare Earth Material Market Hotspot & Opportunities
14. Global Rare Earth Material Market Key Strategic Imperatives for Success & Growth
15. Global Rare Earth Material Market Competition Outlook
15.1. Competition Matrix
15.1.1. Product Portfolio
15.1.2. Brand Specialization
15.1.3. Target Markets
15.1.4. Target End Users
15.1.5. Research & Development
15.1.6. Strategic Alliances
15.1.7. Strategic Initiatives
15.2. Company Profiles (Business Description, Product and Services Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
15.2.1. Rare Type
15.2.2. Alvalon Advanced
15.2.3. Eutectix
15.2.4. Shin-Etsu Chemical
15.2.5. Alkane Resources
15.2.6. Aluminium Corporation of China
15.2.7. Arafura Resources
15.2.8. China Minmetals
15.2.9. Galaxy Resources
15.2.10. Caneus Minerals
16. Disclaimer
