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Global Rare Earth Metals Market to Grow by $4.93 Billion During 2023-2027 -

PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.
January 13, 2023 GMT

DUBLIN--(BUSINESS WIRE)--Jan 13, 2023--

The “Global Rare Earth Metals Market 2023-2027” report has been added to’s offering.

The rare earth metals market is poised to grow by $4932.67 mn during 2022-2027, accelerating at a CAGR of 8.3% during the forecast period. The report on the rare earth metals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for electronic appliances and personal equipment, the surge in consumption from APAC, and the rise of new production capacities.

The rare earth metals market is segmented as below:

By Application

  • Permanent magnets
  • Metal alloys
  • Catalysts
  • Polishing powder
  • Others

By Type

  • Light rare earth elements
  • Heavy rare earth elements
  • Other element types

By Geographical Landscape

  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America

This study identifies the rise in production capacities and the emergence of alternative suppliers as one of the prime reasons driving the rare earth metals market growth during the next few years. Also, recycling rare earth metals from electronic waste to gain prominence and green mining and environment-friendly refining gaining prominence will lead to sizable demand in the market.

The report on the rare earth metals market covers the following areas:

  • Rare earth metals market sizing
  • Rare earth metals market forecast
  • Rare earth metals market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rare earth metals market vendors that include Alkane Resources Ltd, Arafura Rare Earths Ltd., Arnold Magnetic Technologies Corp., Avalon Advanced Materials Inc., Canada Rare Earth Corp, Energy Transition Minerals Ltd., Frontier Rare Earths Ltd., HEFA Rare Earth Canada Co. Ltd., Hitachi Metals Ltd., Iluka Resources Ltd., IREL (India) Ltd., Lynas Rare Earths Ltd., MONTERO MINING AND EXPLORATION LTD., Namibia Critical Metals Inc, Neo Performance Materials Inc., Northern Minerals Ltd., Rare Element Resources Ltd., Shin Etsu Chemical Co. Ltd., SHOWA DENKO K.K., and Ucore Rare Metals Inc. Also, the rare earth metals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Key Topics Covered:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Application

7 Market Segmentation by Type

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

Companies Mentioned

  • Alkane Resources Ltd
  • Arafura Rare Earths Ltd.
  • Arnold Magnetic Technologies Corp.
  • Avalon Advanced Materials Inc.
  • Canada Rare Earth Corp
  • Energy Transition Minerals Ltd.
  • Frontier Rare Earths Ltd.
  • HEFA Rare Earth Canada Co. Ltd.
  • Hitachi Metals Ltd.
  • Iluka Resources Ltd.
  • IREL (India) Ltd.
  • Lynas Rare Earths Ltd.
  • Namibia Critical Metals Inc
  • Neo Performance Materials Inc.
  • Northern Minerals Ltd.
  • Rare Element Resources Ltd.
  • Shin Etsu Chemical Co. Ltd.
  • Ucore Rare Metals Inc.

For more information about this report visit

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SOURCE: Research and Markets

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PUB: 01/13/2023 07:29 AM/DISC: 01/13/2023 07:29 AM