Global Rare Earth Materials Market 2021

January 2022 | 19 pages | ID: GFABCAECE5C1EN
StrategyHelix Inc

Abstracts

The rare earths are a relatively abundant group of 17 elements composed of scandium, yttrium, and the lanthanides. Rare earth elements occur in many minerals but typically in concentrations too low to be refined in an economical manner. Rare earths are used as catalysts, phosphors, and polishing compounds. These are used for air pollution control, illuminated screens on electronic devices, and the polishing of optical-quality glass. The global rare earth materials market is poised to grow by US$ 3,637 million during 2021-2027, progressing at a CAGR of 6.7% during the forecast period, according to data and analytics company StrategyHelix. Electric and hybrid motor vehicle development and wind turbine manufacturing growth, escalating demand for rare earth materials in metallurgy and battery applications are expected to boost the market growth in the coming years.

The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for rare earth materials. The global rare earth materials market is segmented on the basis of element, end use, and region. By element, the global rare earth materials market has been segmented into cerium, lanthanum, neodymium, praseodymium, yttrium, others. In 2020, the cerium segment made up the largest share of revenue generated by the rare earth materials market. Based upon end use, the global rare earth materials market is categorized into catalysts, magnets, metallurgy, batteries, glass & ceramics, phosphors & pigments, others. Geographically, the global rare earth materials market is segmented into North America, Asia Pacific, Europe, Rest of the World (ROW). Asia Pacific is estimated to account for the largest share of the global rare earth materials market.

The global rare earth materials market is highly competitive. Key companies profiled in the report include Blue Line Corporation, China Rare Earth Holdings Limited (Yixing Xinwei Holdings Limited), Gansu Rare Earth Group Co. Ltd., HEFA Rare Earth Canada Co. Ltd., Lynas Corporationn, Shanghai Yuelong New Materials Co. Ltd., Treibacher Industrie AG.

Report Scope
Element: cerium, lanthanum, neodymium, praseodymium, yttrium, others
End use: catalysts, magnets, metallurgy, batteries, glass & ceramics, phosphors & pigments, others
Region: North America, Asia Pacific, Europe, Rest of the World (ROW)
Years considered: this report covers the period 2017 to 2027

Key Benefits for Stakeholders
Get a comprehensive picture of the global rare earth materials market
Pinpoint growth sectors and trends for investment

Contents

PART 1. INTRODUCTION

Scope of the study
Study period
Geographical scope
Research methodology

PART 2. RARE EARTH MATERIALS MARKET OVERVIEW

PART 3. MARKET BREAKDOWN BY ELEMENT

Cerium
Lanthanum
Neodymium
Praseodymium
Yttrium
Others

PART 4. MARKET BREAKDOWN BY END USE

Catalysts
Magnets
Metallurgy
Batteries
Glass & ceramics
Phosphors & pigments
Others

PART 5. MARKET BREAKDOWN BY REGION

North America
Asia Pacific
Europe
Rest of the World (ROW)

PART 6. KEY COMPANIES

Blue Line Corporation
China Rare Earth Holdings Limited (Yixing Xinwei Holdings Limited)
Gansu Rare Earth Group Co., Ltd.
HEFA Rare Earth Canada Co. Ltd.
Lynas Corporationn
Shanghai Yuelong New Materials Co., Ltd.
Treibacher Industrie AG
About StrategyHelix
Disclaimer