1. Market Research
  2. > Mining and Quarrying
  3. > Metals Market Trends
Rare Earths: Global Markets, Applications, Technologies

Rare Earths: Global Markets, Applications, Technologies

  • July 2020
  • 288 pages
  • ID: 5938973
  • Format: PDF
  • BCC Research


Table of Contents

Report Scope:
This report provides an updated review of rare earth materials, sources, pricing and production processes and identifies current and emerging applications for these materials.

The analyst delineates the current market status for rare earths, defines trends and presents growth forecasts for the next five years. Supply and sourcing issues, including the latest developments, are also discussed.

The rare earth market is analyzed based on material type and application, and it is expressed as rare earth consumption (in metric tons [t]) and revenues (in $ millions).

A detailed U.S. patent analysis provides further insight regarding market and technological developments.

More specifically, the market analysis conducted for this report is divided into seven sections.

In the first section (Chapter 3), an introduction to the topic and a historical review of rare earth technology are provided, including an outline of recent events. In this section, current and emerging applications for these materials are also identified and divided by sector (e.g., metallurgical/mechanical, chemical, energy and electronics).

The second section (Chapter 4) outlines the latest process developments and improvements related to rare earth production and ends with a summary of global production by country.

The third section (Chapter 5) provides a detailed analysis of the geographical distribution of rare earth sources, discussing the major rare earth mining activities in each country, including supplying an updated assessment of world reserves, a status report on the most important mining projects and global production forecasts.

Past, present and future price trends are presented and discussed in the fourth section (Chapter 6).

Chapter 7 provides a global market analysis of rare earths.Global demand for rare earths is presented by industry/application and by element, with actual data for the years 2019 and estimated data for 2023 Global rare earth revenues by industry are also provided.

This analysis of the current rare earth market is followed by a detailed presentation of market growth trends based on industry growth and technological trends. The fifth section concludes by providing projected demand for rare earths within each segment, together with forecast compound annual growth rates (CAGRs) for 2019 through 2023.

The sixth section (Chapter 8) of the study, which covers global industry structure, lists rare earth suppliers and descriptions of their products.The analysis includes a description of the geographical distribution of these firms and an evaluation of other key industry players.

Detailed company profiles of the top players are also provided.

The seventh and final section (Chapter 9) includes an extensive U.S. patent analysis, with a summary of patents related to rare earth materials, processes and applications issued in 2019 Patent analysis is performed by region, country, assignee, patent category, application and material type.

Report Includes:
- 70 data tables and 41 additional tables
- An overview of the global market for rare earth elements and description of its current applications
- Analyses of global market trends, with data corresponding to market size for 2019, estimates from 2020 to 2022, and projections of CAGRs through 2023
- Details about rare earth compounds and green technology and market share analysis for each of the application
- Insights into government initiatives across the geographies, regulatory framework, political implications and environmental and health regulations
- Coverage of novel technologies, R&D progress, market forecast and recent activities in the rare earth element technology
- Details of mergers & acquisitions, joint ventures, collaborations and agreements and other key market strategies
- Market share analysis of the key companies of the industry, and their detailed company profiles, including Aluminum Corp. of China, Arnold Magnetic Technologies, Gansu Rare Earth Group, Hitachi Metals Ltd., Indian Rare Earths Ltd., Mitsui Kinzoku, Rare Element Resources Ltd. and Solvay

Rare earths are a group of 17 elements that include all the lanthanoids (15 elements with atomic numbers between 57 and 71), plus yttrium and scandium. These elements have similar chemical structures, which confer on them unique mechanical, chemical, metallurgical, optical, catalytic, nuclear,magnetic and abrasive properties.

These materials started becoming popular in the advanced materials industry in the 1960s, and since then, the number of applications for rare earths has increased significantly. The world’s largest rare earth metal deposits occur in the form of bastnäsite and monazite and are located in China and the U.S. Since 1965 to the mid-1980s, Mountain Pass in California, U.S., was a leading source of rare earth elements (REE). From the mid-1980s, production of REE in China grew dramatically, and now China controls more than 90% of the global supply of rare earth minerals. Today, these elements are found in many advanced products within the following sectors: mechanical/metallurgical; glass and ceramics;
electronics, optics and optoelectronics; chemical; energy; life sciences; sensors and instrumentation; and consumer.

This study provides an updated and comprehensive review of these materials and their applications and sources. It also outlines current technical issues and the latest technological developments.

As shown in the Summary Table, the global market for rare earths, in terms of volume, increased from REDACTED metric tons (t) of equivalent rare earth oxides (REOs) in 2019 to REDACTED t in 2023.

At the end of 2011 and in 2012, rare earth consumption dropped considerably as a result of the Rare Earth Crisis, and then it started rebounding in 2013 and 2014, growing at an overall CAGR of REDACTED during the period 2012 through 2014.

The largest segment of the rare earth market is the mechanical/metallurgical sector, where rare earths are primarily used for the fabrication of permanent magnets. The mechanical/metallurgical sector is estimated to account for REDACTED of total REO consumption in 2019.

Additional key fields of application are within the glass and ceramics; energy; chemical; and electronics, optics and optoelectronics sectors, which combined account for REDACTED of total REO consumption. Other sectors (such as life sciences, sensors and instrumentation, and consumer) currently account for a combined share of REDACTED.

Growth in the consumption of rare earths is projected to gain momentum during the next five years despite the moderate rate, as users continue to adopt more efficient manufacturing processes and make use of substitute products to reduce their dependence on China.Given the fact that China is currently the main supplier of rare earths, users are also waiting for new players to gear up production or enter the market.

Increased demand for rare earths during the next five years will be driven primarily by the mechanical/metallurgical, chemical and energy sectors.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Global Rare Earth Metals Industry

  • $ 4950
  • September 2020
  • 196 pages

Global Rare Earth Metals Market to Reach $6.6 Billion by 2027 Amid the COVID-19 crisis, the global market for Rare Earth Metals estimated at US$4 Billion in the year 2020, is projected to reach a revised ...

Rare Earth Markets in China $ 4000 June 2020

Global Aerospace Materials Industry $ 5450 September 2020

Global Braze Alloys Industry $ 5450 September 2020

Global Tin Industry $ 5450 July 2020

Global Antimony Industry $ 5450 July 2020


Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on