Rare Earth Metals Market (Type: Lanthanum, Praseodymium, Cerium, Neodymium, Samarium, Promethium, Europium, Dysprosium, Holmium, Gadolinium, Terbium, Scandium, Yttrium, Erbium, Ytterbium, and Lutetium) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Oct 2022| TMR2683B| Transparency

Report Highlights

Rare Earth Metals Market – Scope of Report

TMR’s report on the global rare earth metals market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2031. The report provides revenue of the global rare earth metals market for the period 2017–2031, considering 2021 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global rare earth metals market from 2022 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the rare earth metals market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global rare earth metals market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the global rare earth metals market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global rare earth metals market.

The report delves into the competitive landscape of the global rare earth metals market. Key players operating in the global rare earth metals market have been identified and each one of these has been profiled, in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are attributes of players in the global rare earth metals market profiled in this report.

RESEARCH METHODOLOGY

The research methodology will be a combination of exhaustive primary and secondary research to analyze the market rare earth metals.

Secondary Research

Secondary research includes a search of company literature, technical writing, patent data, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that we typically refer, but are not limited to:

  • Company websites, presentations, annual reports, white papers, technical paper, product brochure
  • Internal and external proprietary databases and relevant patents
  • National government documents, statistical databases, and market reports
  • News articles, press releases, and webcasts specific to companies operating in the market

Specific Secondary Sources:

  • Industry Sources:
  • WorldWideScience.org
  • Elsevier, Inc.
  • National Institutes of Health (NIH)
  • PubMed
  • NCBI
  • Department of Health Care Service
  • Trade Data Sources
  • Trade Map
  • UN Comtrade
  • Trade Atlas
  • Company Information
  • OneSource Business Browser
  • Hoover’s
  • Factiva
  • Bloomberg
  • Mergers & Acquisitions
  • Thomson Mergers & Acquisitions
  • MergerStat
  • Profound

Primary Research

During the course of research, we conduct in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents bulk of research efforts, supplemented by extensive secondary research.

We conduct primary interviews on the ongoing basis with industry participants and commentators to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides first-hand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews, as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies

Participants who typically take part in such a process include, but are not limited to:

  • Industry participants: Marketing/product managers, market intelligence managers, and regional sales managers
  • Purchasing/Sourcing managers, technical personnel, distributors
  • Outside experts: Investment bankers, valuation experts, and research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry verticals

List of primary participants, but not limited to:

  • Advanced Oncotherapy PLC
  • Danfysik A/S
  • Hitachi, Ltd.
  • IBA Worldwide
  • Mevion Medical Systems, Inc.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2022-2031
Growth rate 7.40%
Units considered $ Billion
Segments covered By Type, By Application, By Region
Industry covered Chemicals And Materials
Countries covered North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Companies studied
  • Lynas Rare Earths Ltd.,
  • Quest Rare Minerals Ltd.,
  • Arafura Resources Ltd.,
  • Rare Element Resources Ltd.
  • Iluka Resources Limited,
  • China Northern Rare Earth (Group) High-Tech Co., Ltd.,
  • Greenland Minerals Ltd.,
  • China Rare Earth Holdings,
  • Frontier Rare Earths Limited,
  • Otto Chemie Pvt. Ltd.,
  • Great Western Minerals Group,
  • IREL Limited

Data Triangulation: Information culled from “Secondary & Primary Sources” is cross-checked with “TMR Knowledge Repository”, which is updated every quarter.

Market Estimation: Market size estimations involved in-depth study of product features, technology updates, geographic presence, product demand, sales data (value or volume), historical year-on-year growth, and others. Other approaches were also utilized to derive market size and forecasts. Where no hard data was available, we employed modeling techniques in order to produce comprehensive datasets. A rigorous methodology has been adopted, wherein the available hard data are cross-referenced with the following data types to produce estimates:

Demographic Data: Healthcare expenditure, inflation rates, and others

Industry Indicators: R&D investment, technology stage, and infrastructure, sector growth, and facilities

Market Forecasting: Market forecasts for various segments are derived taking into account drivers, restraints/challenges, and opportunities prevailing in the market and considering advantages/disadvantages of segments/sub-segments over other segments/sub-segments. Business environment, historical sales pattern, unmet needs, competitive intensity, and country-wise surgery data are some of the other pivotal factors, which are considered to derive market forecasts.

  • Table 1 : Global Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 2 : Global Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 3 : Global Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 4 : Global Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 5 : Global Rare Earth Metals Market Volume (Tons) Forecast, by Region, 2020–2031
  • Table 6 : Global Rare Earth Metals Market Value (US$ Bn) Forecast, by Region, 2020–2031
  • Table 7 : North America Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 8 : North America Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 9 : North America Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 10 : North America Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 11 : North America Rare Earth Metals Market Volume (Tons) Forecast, by Country, 2020–2031
  • Table 12 : North America Rare Earth Metals Market Value (US$ Bn) Forecast, by Country, 2020–2031
  • Table 13 : U.S. Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 14 : U.S. Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 15 : U.S. Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 16 : U.S. Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 17 : Canada Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 18 : Canada Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 19 : Canada Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 20 : Canada Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 21 : Europe Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 22 : Europe Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 23 : Europe Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 24 : Europe Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 25 : Europe Rare Earth Metals Market Volume (Tons) Forecast, by Country and Sub-region, 2020–2031
  • Table 26 : Europe Rare Earth Metals Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020–2031
  • Table 27 : Germany Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 28 : Germany Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 29 : Germany Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 30 : Germany Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 31 : France Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 32 : France Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 33 : France Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 34 : France Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 35 : U.K. Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 36 : U.K. Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 37 : U.K. Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 38 : U.K. Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 39 : Italy Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 40 : Italy Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 41 : Italy Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 42 : Italy Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 43 : Spain Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 44 : Spain Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 45 : Spain Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 46 : Spain Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 47 : Russia & CIS Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 48 : Russia & CIS Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 49 : Russia & CIS Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 50 : Russia & CIS Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 51 : Rest of Europe Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 52 : Rest of Europe Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 53 : Rest of Europe Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 54 : Rest of Europe Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 55 : Asia Pacific Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 56 : Asia Pacific Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 57 : Asia Pacific Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 58 : Asia Pacific Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 59 : Asia Pacific Rare Earth Metals Market Volume (Tons) Forecast, by Country and Sub-region, 2020–2031
  • Table 60 : Asia Pacific Rare Earth Metals Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020–2031
  • Table 61 : China Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 62 : China Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 63 : China Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 64 : China Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 65 : Japan Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 66 : Japan Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 67 : Japan Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 68 : Japan Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 69 : India Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 70 : India Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 71 : India Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 72 : India Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 73 : ASEAN Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 74 : ASEAN Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 75 : ASEAN Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 76 : ASEAN Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 77 : Rest of Asia Pacific Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 78 : Rest of Asia Pacific Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 79 : Rest of Asia Pacific Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 80 : Rest of Asia Pacific Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 81 : Latin America Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 82 : Latin America Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 83 : Latin America Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 84 : Latin America Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 85 : Latin America Rare Earth Metals Market Volume (Tons) Forecast, by Country and Sub-region, 2020–2031
  • Table 86 : Latin America Rare Earth Metals Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020–2031
  • Table 87 : Brazil Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 88 : Brazil Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 89 : Brazil Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 90 : Brazil Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 91 : Mexico Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 92 : Mexico Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 93 : Mexico Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 94 : Mexico Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 95 : Rest of Latin America Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 96 : Rest of Latin America Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 97 : Rest of Latin America Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 98 : Rest of Latin America Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 99 : Middle East & Africa Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 100 : Middle East & Africa Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 101 : Middle East & Africa Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 102 : Middle East & Africa Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 103 : Middle East & Africa Rare Earth Metals Market Volume (Tons) Forecast, by Country and Sub-region, 2020–2031
  • Table 104 : Middle East & Africa Rare Earth Metals Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020–2031
  • Table 105 : GCC Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 106 : GCC Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 107 : GCC Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 108 : GCC Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 109 : South Africa Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 110 : South Africa Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 111 : South Africa Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–2031
  • Table 112 : South Africa Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Table 113 : Rest of Middle East & Africa Rare Earth Metals Market Volume (Tons) Forecast, by Type, 2020–2031
  • Table 114 : Rest of Middle East & Africa Rare Earth Metals Market Value (US$ Bn) Forecast, by Type, 2020–2031
  • Table 115 : Rest of Middle East & Africa Rare Earth Metals Market Volume (Tons) Forecast, by Application, 2020–20
  • Table 116 : Rest of Middle East & Africa Rare Earth Metals Market Value (US$ Bn) Forecast, by Application, 2020–2031
  • Figure 1 : Global Rare Earth Metals Market Volume Share Analysis, by Type, 2020, 2025, and 2031
  • Figure 2 : Global Rare Earth Metals Market Attractiveness, by Type
  • Figure 3 : Global Rare Earth Metals Market Volume Share Analysis, by Application, 2020, 2025, and 2031
  • Figure 4 : Global Rare Earth Metals Market Attractiveness, by Application
  • Figure 5 : Global Rare Earth Metals Market Volume Share Analysis, by Region, 2020, 2025, and 2031
  • Figure 6 : Global Rare Earth Metals Market Attractiveness, by Region
  • Figure 7 : North America Rare Earth Metals Market Volume Share Analysis, by Type, 2020, 2025, and 2031
  • Figure 8 : North America Rare Earth Metals Market Attractiveness, by Type
  • Figure 9 : North America Rare Earth Metals Market Volume Share Analysis, by Application, 2020, 2025, and 2031
  • Figure 10 : North America Rare Earth Metals Market Attractiveness, by Application
  • Figure 11 : North America Rare Earth Metals Market Attractiveness, by Country
  • Figure 12 : Europe Rare Earth Metals Market Volume Share Analysis, by Type, 2020, 2025, and 2031
  • Figure 13 : Europe Rare Earth Metals Market Attractiveness, by Type
  • Figure 14 : Europe Rare Earth Metals Market Volume Share Analysis, by Application, 2020, 2025, and 2031
  • Figure 15 : Europe Rare Earth Metals Market Attractiveness, by Application
  • Figure 16 : Europe Rare Earth Metals Market Volume Share Analysis, by Country and Sub-region, 2020, 2025, and 2031
  • Figure 17 : Europe Rare Earth Metals Market Attractiveness, by Country and Sub-region
  • Figure 18 : Asia Pacific Rare Earth Metals Market Volume Share Analysis, by Type, 2020, 2025, and 2031
  • Figure 19 : Asia Pacific Rare Earth Metals Market Attractiveness, by Type
  • Figure 20 : Asia Pacific Rare Earth Metals Market Volume Share Analysis, by Application, 2020, 2025, and 2031
  • Figure 21 : Asia Pacific Rare Earth Metals Market Attractiveness, by Application
  • Figure 22 : Asia Pacific Rare Earth Metals Market Volume Share Analysis, by Country and Sub-region, 2020, 2025, and 2031
  • Figure 23 : Asia Pacific Rare Earth Metals Market Attractiveness, by Country and Sub-region
  • Figure 24 : Latin America Rare Earth Metals Market Volume Share Analysis, by Type, 2020, 2025, and 2031
  • Figure 25 : Latin America Rare Earth Metals Market Attractiveness, by Type
  • Figure 26 : Latin America Rare Earth Metals Market Volume Share Analysis, by Application, 2020, 2025, and 2031
  • Figure 27 : Latin America Rare Earth Metals Market Attractiveness, by Application
  • Figure 28 : Latin America Rare Earth Metals Market Volume Share Analysis, by Country and Sub-region, 2020, 2025, and 2031
  • Figure 29 : Latin America Rare Earth Metals Market Attractiveness, by Country and Sub-region
  • Figure 30 : Middle East & Africa Rare Earth Metals Market Volume Share Analysis, by Type, 2020, 2025, and 2031
  • Figure 31 : Middle East & Africa Rare Earth Metals Market Attractiveness, by Type
  • Figure 32 : Middle East & Africa Rare Earth Metals Market Volume Share Analysis, by Application, 2020, 2025, and 2031
  • Figure 33 : Middle East & Africa Rare Earth Metals Market Attractiveness, by Application
  • Figure 34 : Middle East & Africa Rare Earth Metals Market Volume Share Analysis, by Country and Sub-region, 2020, 2025, and 2031
  • Figure 35 : Middle East & Africa Rare Earth Metals Market Attractiveness, by Country and Sub-region

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Rare Earth Metals Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

  • Date - Feb 2022
  • Code - TMR2683A

Rare Earth Metals Market – Scope of Report

The latest study collated and published by Transparency Market Research (TMR) analyzes the historical and present-day scenario of the global rare earth metals market in order to accurately gauge its future growth. The study presents detailed information about the important growth factors, restraints, and trends that are creating a landscape for the ...

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