Global Rare Earth Materials Market, Forecast to 2025
Global Rare Earth Materials Market, Forecast to 2025
The Rise in Neodymium Magnet, Lanthanum and Cerium-based Application Demand Contributes to Noteworthy Market Growth
25-Jun-2019
North America
Description
The seventeen rare-earth elements are cerium (Ce), dysprosium (Dy), erbium (Er), europium (Eu), gadolinium (Gd), holmium (Ho), lanthanum (La), lutetium (Lu), neodymium (Nd), praseodymium (Pr), promethium (Pm), samarium (Sm), scandium (Sc), terbium (Tb), thulium (Tm), ytterbium (Yb), and yttrium (Y). They find important applications in various industries, such as catalysts, magnets, glass, polishing, batteries, metallurgy and phosphors and pigments.
The key product types pertaining to every application area have been considered during the course of this research study conducted at a global level. Applications of rare earth elements have been quantitatively explained for all key regions and further broken down into key sub-regions.
The global rare earth materials market is expected to witness moderate growth in volume shipment over the forecast period. The increasing demand for rare earth products to meet high-end applications across various industries is expected to drive the market growth of rare earth materials. Asia-Pacific is is the leader not only in terms of identified rare earth deposits but also production, processing, and supply of rare earth materials at the global level. China, Australia, and Malaysia are the key countries involved in rare earth mining and processing activities.
Infrastructure development, demand rise for electric vehicles and for NdPr-based permanent magnets across the globe have been fuelling the demand for rare earth materials considerably. The demand is also indicating a preference for high-purity, customized products that yield high application efficiency.
Rare earth mining and processing companies outside of China have been strategizing to self-finance fresh exploration projects and to simultaneously develop comprehensive rare earth ore processing and supply chain competencies independent of Chinese investments and infrastructure. The objective has been to mitigate the dependency on China for the supply of rare earth products.
As the rare earth materials market is heavily influenced by Chinese supplies which cause supply and price uncertainties, end users outside of China have been seeking rare earth alternatives. Substitutes (e.g., cobalt) are being researched for permanent magnet applications in the field of microelectronics.
Over the last decade, massive infrastructural development activities have taken place in developing economies, such as China, India, Brazil, and Southeast Asia.
Electric and hybrid motor vehicle development and wind turbine manufacturing growth has been contributing to the rise in demand for rare earth materials used in the relevant manufacturing processes. The rise in permanent magnet, catalyst and metallurgical industry applications is expected to contribute to substantial market growth. Environmental regulations in developed countries have been pressing the need for environment-friendly vehicles which call for the use of rare earth materials as a raw material. In specific cases, the annual growth of prices has been very high; for instance, neodymium prices have risen substantially in 2018 (over 2017 prices) due to a strong demand rise for magnet applications for which there is significant demand.
Key Issues Addressed
- What are the product and end-use application trends in the rare earth materials market space?
- What are the major challenges that participants in the rare earth materials market face?
- What are the key factors that drive or restrict growth in this market?
- What are the major rare earth element product types?
- Who are the key market participants in the rare earth materials market space?
- What are the regional trends in the market?
RESEARCH: INFOGRAPHIC
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Table of Contents
Key Findings
Executive Summary—Strategic Factsheet
Market Engineering Measurements
Market Engineering Measurements (continued)
CEO’s Perspective
Market Definitions
Geographic Scope
Market Trends
Market Trends (continued)
Market Trends (continued)
Material, Product and Technology Trends
Key Questions this Study will Answer
Market Segmentation
Market Segmentation (continued)
Market Drivers
Drivers Explained
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Restraints Explained (continued)
Market Engineering Measurements
Market Engineering Measurements (continued)
Forecast Assumptions
Revenue Forecast
Volume Shipment Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Percent Volume Shipment Forecast by Region
Volume Shipment Forecast by Region
Volume Shipment and Revenue Forecast Discussion
Percent Volume Shipment Forecast by Product Type
Percent Volume Shipment Forecast by Application
Percent Volume Shipment Forecast Discussion by Market Segments
Value Chain
Value Chain Description
Notable Mergers & Acquisitions
SWOT Analysis
Market Share and Competitive Analysis
Competitive Environment
Growth Opportunity 1—Developing Self-financed Mining Projects by Exploration Companies
Growth Opportunity 2—Providing Value-added Services to Customers to Gain Operational Efficiency
Strategic Imperatives for Success and Growth
Characteristics and Overview
Market Engineering Measurements
Volume Shipment and Revenue Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Volume Shipment Forecast by Sub-region
Percent Volume Shipment Forecast Discussion by Sub-region
Percent Volume Shipment Forecast Discussion by Sub-region (continued)
Percent Volume Shipment Forecast by Product Type
Percent Volume Shipment Forecast Discussion by Product Type
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Percent Volume Shipment Forecast by Application
Percent Volume Shipment Forecast Discussion by Application
Percent Volume Shipment Forecast Discussion by Application (continued)
Percent Volume Shipment Forecast Discussion by Application (continued)
Percent Volume Shipment Forecast Discussion by Application (continued)
Competitive Environment
Characteristics and Overview
Market Engineering Measurements
Volume Shipment and Revenue Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Volume Shipment Forecast by Subregion
Percent Volume Shipment Forecast Discussion by Subregion
Percent Volume Shipment Forecast Discussion by Subregion (continued)
Percent Volume Shipment Forecast by Product Type
Percent Volume Shipment Forecast Discussion by Product Type
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Percent Volume Shipment Forecast by Application
Percent Volume Shipment Forecast Discussion by Application
Percent Volume Shipment Forecast Discussion by Application (continued)
Percent Volume Shipment Forecast Discussion by Application (continued)
Percent Volume Shipment Forecast Discussion by Application (continued)
Competitive Environment
Characteristics and Overview
Market Engineering Measurements
Volume Shipment and Revenue Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Volume Shipment Forecast by Subregion
Percent Volume Shipment Forecast Discussion by Subregion
Percent Volume Shipment Forecast Discussion by Subregion (continued)
Percent Volume Shipment Forecast by Product Type
Percent Volume Shipment Forecast Discussion by Product Type
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Percent Volume Shipment Forecast by Application
Percent Volume Shipment Forecast Discussion by Application
Percent Volume Shipment Forecast Discussion by Application (continued)
Percent Volume Shipment Forecast Discussion by Application (continued)
Percent Volume Shipment Forecast Discussion by Application (continued)
Competitive Environment
Characteristics and Overview
Market Engineering Measurements
Volume Shipment and Revenue Forecast
Volume Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Volume Shipment Forecast by Subregion
Percent Volume Shipment Forecast Discussion by Subregion
Percent Volume Shipment Forecast Discussion by Subregion (continued)
Percent Volume Shipment Forecast Discussion by Subregion (continued)
Percent Volume Shipment Forecast by Product Type
Percent Volume Shipment Forecast Discussion by Product Type
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Percent Volume Shipment Forecast Discussion by Product Type (continued)
Percent Volume Shipment Forecast by Application
Percent Volume Shipment Forecast Discussion by Application
Percent Volume Shipment Forecast Discussion by Application (continued)
Percent Volume Shipment Forecast Discussion by Application (continued)
Percent Volume Shipment Forecast Discussion by Application (continued)
Competitive Environment
3 Big Predictions
Legal Disclaimer
Market Engineering Methodology
Abbreviations and Acronyms
Learn More—Next Steps
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Related Research
Popular Topics
Key Issues Addressed
- What are the product and end-use application trends in the rare earth materials market space
- What are the major challenges that participants in the rare earth materials market face
- What are the key factors that drive or restrict growth in this market
- What are the major rare earth element product types
- Who are the key market participants in the rare earth materials market space
- What are the regional trends in the market
No Index | No |
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Podcast | No |
Author | Ganesh Jayant Dabholkar |
Industries | Chemicals and Materials |
WIP Number | MEB2-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9100-A2,9982-A2,9991-A2,9AAB-A5,9595,9870 |