Report Highlights
- The global market for rare earths consumed 126,682 metric tons of materials in 2008 and an estimated 113,610 metric tons in 2009. This is expected to increase to 175,618 metric tons in 2014, for a compound annual growth rate (CAGR) of 9.1%.
- Mechanical and metallurgical applications have the largest share of the market and used 42,765 metric tons of materials in 2008. This is expected to decrease to 36,770 metric tons in 2009 and increase to 56,410 metric tons in 2014, for a CAGR of 8.9%.
- Glass and ceramics applications have the second-largest market share, and used 34,730 metric tons in 2008 and an estimated 32,500 metric tons in 2009. This is expected to increase at a CAGR of 8.5% to reach 48,890 metric tons in 2014.
INTRODUCTION
- Provide an updated review of rare earths technology, focusing on materials, sources, and applications.
- Highlight new technological developments, during the past 3 years, related to rare earths.
- Review existing fields of application for rare earths and investigate emerging applications.
- Supply an updated worldwide overview of resources and rare earths production.
- Describe the market evolution since 2006 and estimate 2009 global markets by application and rare earth element, with growth forecasts through 2014 for each market segment.
- Identify important technological and market trends within each market segment.
- Provide an updated review of current producers of rare earth materials and other relevant industry players.
- Determine trends in global patents issued during the past 3 years.
- Identifying production and consumption of the 17 elements.
- Providing an updated summary on material properties.
- Supplying a review of current and emerging applications.
- Illustrating the latest technological developments.
- Providing a detailed patent analysis.
- Manufacture, sell, and distribute rare earths and rare earths–based products.
- Are involved in the exploration and mining of rare earth elements.
- Develop technologies utilizing rare earths.
- Produce special alloys.
- Fabricate advanced ceramics.
- Manufacture glass for optical applications.
- Offer technical and/or marketing services to firms producing high–performance materials.
- U.S. Geological Survey (USGS)
- EDGAR – U.S. Securities and Exchange Commissions Filings
- U.S. Patent and Trademark Office
- European Patent Office
- Company web sites
- Company annual reports
- Thomas Registers
- Moody’s Directory
- S & P Industry Survey
- Dun & Bradstreet Business Directory
- American Ceramic Society Publications
- Foreign Chamber of Commerce Directories
- Foreign Stock Exchange Listings
- AVM052B Aerogels, 2009
- AVM065A Smart Glass: Technologies and Global Markets, 2009
- SMC037D Sputtering Targets and Sputtered Films: Technology and Markets, 2008
- PLS046A Polymer Absorbents & Adsorbents, Including SAPs and Polymer Gels, 2008
- NAN043A Nanofibers: Technologies and Developing Markets, 2007
- AVM054A Bioactive Glasses, Ceramics, Composites, Other Advanced Materials, 2006
- SMC061A Atomic Layer Deposition, 2006
- SMC057A Thin Films: Raw Materials, Technology and Applications, 2005
- AVM046A Thick Film Devices, Processes, and Applications, 2004
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Report Highlights
-
Global consumption of rare earth materials was more than 87,000 metric tons in 2004 and 96,000 metric tons in 2005. At an average annual growth rate (AAGR) of 10.1%, consumption of these materials should cross well over 155,000 metric tons.
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Glass and ceramic materials held the highest share of the market in 2004, approximately 18.5%. Permanent magnets overtook this place in 2005 with almost 19% of the total market. This sector will maintain this position through the forecast period, crossing 32,000 metric tons in 2010 at an AAGR of 12.2%.
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NiMH batteries held the highest AAGR with 30.5%, reaching over 27,000 metric tons in 2010. The second-highest growth rate through the forecast period was phosphors at 13.4%.
Report Highlights
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Total worldwide production of rare earths will reach 91,325 million tonnes in 2007.
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Asia, excluding Japan, will have the fastest average annual growth rate (AAGR) of 4.8%.
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Future strong growth for rare earths will be for rechargeable batteries, medical applications, sensors and dental/surgical lasers.
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Magnetic refrigeration also will emerge as a commercial market.
Report Highlights
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In terms of market value, the leading rare earth end use is for high power permanent magnets. In 1999, $1.2 billion worth of rare earth-containing magnets will be sold. These magnets included 25,300 tons of rare earth materials (based on rare earth oxide content). Under an optimistic market scenario, this could grow to more than $2 billion over the next 10 years.
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In terms of tonnage, the leading rare earth application is for catalysts, including gasoline cracking catalysts and air pollution abatement catalysts. In 1999, this represents a 30,000-ton market. This market is stable, and little growth is likely.
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The fastest-growing market could be for rare earth-containing room temperature superconductors. From a commercial market of essentially zero, the rare earth-containing superconductor market in 1999 should be on the order of $25 million. Over the next 5 years, under an optimistic scenario, this could grow to a $200 million market. By 2009, $0.5 billion worth of rare earth-containing superconductors could be sold. In terms of tonnage, this could mean a 200-ton market within the 10-year scope of this report.
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