Global Monazite Supply, Demand and Key Producers, 2026-2032

January 2026 | 85 pages | ID: G84BF6209D77EN
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The global Monazite market size is expected to reach $ million by 2032, rising at a market growth of %CAGR during the forecast period (2026-2032).

Monazite is a rare phosphate mineral with a chemical composition of (Ce, La, Nd, Th) (PO4, SiO4). It usually occurs in small isolated grains, as an accessory mineral in igneous and metamorphic rocks such as granite, pegmatite, schist, and gneiss. These grains are resistant to weathering and become concentrated in soils and sediments downslope from the host rock. When in high enough concentrations, they are mined for their rare earth and thorium content.

In China, Monazite key players include Hongyuan Rare Earth, Xiangjiang River Rare Earth, etc. Global top two manufacturers hold a share over 95%.

Hunan Province is the largest market, with a share over 70%, followed by Jiangxi Province, with a share about 15 percent.

This report studies the global Monazite production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Monazite and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Monazite that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Monazite total production and demand, 2021-2032, (Ton)

Global Monazite total production value, 2021-2032, (USD Million)

Global Monazite production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Ton), (based on production site)

Global Monazite consumption by region & country, CAGR, 2021-2032 & (Ton)

U.S. VS China: Monazite domestic production, consumption, key domestic manufacturers and share

Global Monazite production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Ton)

Global Monazite production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Ton)

Global Monazite production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Ton)

This report profiles key players in the global Monazite market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hongyuan Rare Earth, Xiangjiang River Rare Earth, Shenghe Resources, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Monazite market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Ton) and average price (10K RMB/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Monazite Market, By Region:
  • United States
  • China
  • Europe
  • Japan
  • South Korea
  • ASEAN
  • India
  • Rest of World
Global Monazite Market, Segmentation by Type:
  • Acid Cracking
  • Alkaline Cracking
Global Monazite Market, Segmentation by Application:
  • Chemical
  • Metallurgy
  • Electronic
  • Medical
  • Others
Companies Profiled:
  • Hongyuan Rare Earth
  • Xiangjiang River Rare Earth
  • Shenghe Resources
Key Questions Answered:
1. How big is the global Monazite market?
2. What is the demand of the global Monazite market?
3. What is the year over year growth of the global Monazite market?
4. What is the production and production value of the global Monazite market?
5. Who are the key producers in the global Monazite market?
6. What are the growth factors driving the market demand?
1 SUPPLY SUMMARY

1.1 Monazite Introduction
1.2 World Monazite Supply & Forecast
  1.2.1 World Monazite Production Value (2021 & 2025 & 2032)
  1.2.2 World Monazite Production (2021-2032)
  1.2.3 World Monazite Pricing Trends (2021-2032)
1.3 World Monazite Production by Region (Based on Production Site)
  1.3.1 World Monazite Production Value by Region (2021-2032)
  1.3.2 World Monazite Production by Region (2021-2032)
  1.3.3 World Monazite Average Price by Region (2021-2032)
  1.3.4 North America Monazite Production (2021-2032)
  1.3.5 Europe Monazite Production (2021-2032)
  1.3.6 China Monazite Production (2021-2032)
1.4 Market Drivers, Restraints and Trends
  1.4.1 Monazite Market Drivers
  1.4.2 Factors Affecting Demand
  1.4.3 Monazite Major Market Trends

2 DEMAND SUMMARY

2.1 World Monazite Demand (2021-2032)
2.2 World Monazite Consumption by Region
  2.2.1 World Monazite Consumption by Region (2021-2026)
  2.2.2 World Monazite Consumption Forecast by Region (2027-2032)
2.3 United States Monazite Consumption (2021-2032)
2.4 China Monazite Consumption (2021-2032)
2.5 Europe Monazite Consumption (2021-2032)
2.6 Japan Monazite Consumption (2021-2032)
2.7 South Korea Monazite Consumption (2021-2032)
2.8 ASEAN Monazite Consumption (2021-2032)
2.9 India Monazite Consumption (2021-2032)

3 WORLD MANUFACTURERS COMPETITIVE ANALYSIS

3.1 World Monazite Production Value by Manufacturer (2021-2026)
3.2 World Monazite Production by Manufacturer (2021-2026)
3.3 World Monazite Average Price by Manufacturer (2021-2026)
3.4 Monazite Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
  3.5.1 Global Monazite Industry Rank of Major Manufacturers
  3.5.2 Global Concentration Ratios (CR4) for Monazite in 2025
  3.5.3 Global Concentration Ratios (CR8) for Monazite in 2025
3.6 Monazite Market: Overall Company Footprint Analysis
  3.6.1 Monazite Market: Region Footprint
  3.6.2 Monazite Market: Company Product Type Footprint
  3.6.3 Monazite Market: Company Product Application Footprint
3.7 Competitive Environment
  3.7.1 Historical Structure of the Industry
  3.7.2 Barriers of Market Entry
  3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations

4 UNITED STATES VS CHINA VS REST OF THE WORLD

4.1 United States VS China: Monazite Production Value Comparison
  4.1.1 United States VS China: Monazite Production Value Comparison (2021 & 2025 & 2032)
  4.1.2 United States VS China: Monazite Production Value Market Share Comparison (2021 & 2025 & 2032)
4.2 United States VS China: Monazite Production Comparison
  4.2.1 United States VS China: Monazite Production Comparison (2021 & 2025 & 2032)
  4.2.2 United States VS China: Monazite Production Market Share Comparison (2021 & 2025 & 2032)
4.3 United States VS China: Monazite Consumption Comparison
  4.3.1 United States VS China: Monazite Consumption Comparison (2021 & 2025 & 2032)
  4.3.2 United States VS China: Monazite Consumption Market Share Comparison (2021 & 2025 & 2032)
4.4 United States Based Monazite Manufacturers and Market Share, 2021-2026
  4.4.1 United States Based Monazite Manufacturers, Headquarters and Production Site (States, Country)
  4.4.2 United States Based Manufacturers Monazite Production Value (2021-2026)
  4.4.3 United States Based Manufacturers Monazite Production (2021-2026)
4.5 China Based Monazite Manufacturers and Market Share
  4.5.1 China Based Monazite Manufacturers, Headquarters and Production Site (Province, Country)
  4.5.2 China Based Manufacturers Monazite Production Value (2021-2026)
  4.5.3 China Based Manufacturers Monazite Production (2021-2026)
4.6 Rest of World Based Monazite Manufacturers and Market Share, 2021-2026
  4.6.1 Rest of World Based Monazite Manufacturers, Headquarters and Production Site (State, Country)
  4.6.2 Rest of World Based Manufacturers Monazite Production Value (2021-2026)
  4.6.3 Rest of World Based Manufacturers Monazite Production (2021-2026)

5 MARKET ANALYSIS BY TYPE

5.1 World Monazite Market Size Overview by Type: 2021 VS 2025 VS 2032
5.2 Segment Introduction by Type
  5.2.1 Acid Cracking
  5.2.2 Alkaline Cracking
5.3 Market Segment by Type
  5.3.1 World Monazite Production by Type (2021-2032)
  5.3.2 World Monazite Production Value by Type (2021-2032)
  5.3.3 World Monazite Average Price by Type (2021-2032)

6 MARKET ANALYSIS BY APPLICATION

6.1 World Monazite Market Size Overview by Application: 2021 VS 2025 VS 2032
6.2 Segment Introduction by Application
  6.2.1 Chemical
  6.2.2 Metallurgy
  6.2.3 Electronic
  6.2.4 Medical
  6.2.5 Others
6.3 Market Segment by Application
  6.3.1 World Monazite Production by Application (2021-2032)
  6.3.2 World Monazite Production Value by Application (2021-2032)
  6.3.3 World Monazite Average Price by Application (2021-2032)

7 COMPANY PROFILES

7.1 Hongyuan Rare Earth
  7.1.1 Hongyuan Rare Earth Details
  7.1.2 Hongyuan Rare Earth Major Business
  7.1.3 Hongyuan Rare Earth Monazite Product and Services
  7.1.4 Hongyuan Rare Earth Monazite Production, Price, Value, Gross Margin and Market Share (2021-2026)
  7.1.5 Hongyuan Rare Earth Recent Developments/Updates
  7.1.6 Hongyuan Rare Earth Competitive Strengths & Weaknesses
7.2 Xiangjiang River Rare Earth
  7.2.1 Xiangjiang River Rare Earth Details
  7.2.2 Xiangjiang River Rare Earth Major Business
  7.2.3 Xiangjiang River Rare Earth Monazite Product and Services
  7.2.4 Xiangjiang River Rare Earth Monazite Production, Price, Value, Gross Margin and Market Share (2021-2026)
  7.2.5 Xiangjiang River Rare Earth Recent Developments/Updates
  7.2.6 Xiangjiang River Rare Earth Competitive Strengths & Weaknesses
7.3 Shenghe Resources
  7.3.1 Shenghe Resources Details
  7.3.2 Shenghe Resources Major Business
  7.3.3 Shenghe Resources Monazite Product and Services
  7.3.4 Shenghe Resources Monazite Production, Price, Value, Gross Margin and Market Share (2021-2026)
  7.3.5 Shenghe Resources Recent Developments/Updates
  7.3.6 Shenghe Resources Competitive Strengths & Weaknesses

8 INDUSTRY CHAIN ANALYSIS

8.1 Monazite Industry Chain
8.2 Monazite Upstream Analysis
  8.2.1 Monazite Core Raw Materials
  8.2.2 Main Manufacturers of Monazite Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Monazite Production Mode
8.6 Monazite Procurement Model
8.7 Monazite Industry Sales Model and Sales Channels
  8.7.1 Monazite Sales Model
  8.7.2 Monazite Typical Distributors

9 RESEARCH FINDINGS AND CONCLUSION

10 APPENDIX

10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
LIST OF TABLES

Table 1. World Monazite Production Value by Region (2021, 2025 and 2032) & (USD Million)
Table 2. World Monazite Production Value by Region (2021-2026) & (USD Million)
Table 3. World Monazite Production Value by Region (2027-2032) & (USD Million)
Table 4. World Monazite Production Value Market Share by Region (2021-2026)
Table 5. World Monazite Production Value Market Share by Region (2027-2032)
Table 6. World Monazite Production by Region (2021-2026) & (Ton)
Table 7. World Monazite Production by Region (2027-2032) & (Ton)
Table 8. World Monazite Production Market Share by Region (2021-2026)
Table 9. World Monazite Production Market Share by Region (2027-2032)
Table 10. World Monazite Average Price by Region (2021-2026) & (10K RMB/Ton)
Table 11. World Monazite Average Price by Region (2027-2032) & (10K RMB/Ton)
Table 12. Monazite Major Market Trends
Table 13. World Monazite Consumption Growth Rate Forecast by Region (2021 & 2025 & 2032) & (Ton)
Table 14. World Monazite Consumption by Region (2021-2026) & (Ton)
Table 15. World Monazite Consumption Forecast by Region (2027-2032) & (Ton)
Table 16. World Monazite Production Value by Manufacturer (2021-2026) & (USD Million)
Table 17. Production Value Market Share of Key Monazite Producers in 2025
Table 18. World Monazite Production by Manufacturer (2021-2026) & (Ton)
Table 19. Production Market Share of Key Monazite Producers in 2025
Table 20. World Monazite Average Price by Manufacturer (2021-2026) & (10K RMB/Ton)
Table 21. Global Monazite Company Evaluation Quadrant
Table 22. World Monazite Industry Rank of Major Manufacturers, Based on Production Value in 2025
Table 23. Head Office and Monazite Production Site of Key Manufacturer
Table 24. Monazite Market: Company Product Type Footprint
Table 25. Monazite Market: Company Product Application Footprint
Table 26. Monazite Competitive Factors
Table 27. Monazite New Entrant and Capacity Expansion Plans
Table 28. Monazite Mergers & Acquisitions Activity
Table 29. United States VS China Monazite Production Value Comparison, (2021 & 2025 & 2032) & (USD Million)
Table 30. United States VS China Monazite Production Comparison, (2021 & 2025 & 2032) & (Ton)
Table 31. United States VS China Monazite Consumption Comparison, (2021 & 2025 & 2032) & (Ton)
Table 32. United States Based Monazite Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Monazite Production Value, (2021-2026) & (USD Million)
Table 34. United States Based Manufacturers Monazite Production Value Market Share (2021-2026)
Table 35. United States Based Manufacturers Monazite Production (2021-2026) & (Ton)
Table 36. United States Based Manufacturers Monazite Production Market Share (2021-2026)
Table 37. China Based Monazite Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Monazite Production Value, (2021-2026) & (USD Million)
Table 39. China Based Manufacturers Monazite Production Value Market Share (2021-2026)
Table 40. China Based Manufacturers Monazite Production, (2021-2026) & (Ton)
Table 41. China Based Manufacturers Monazite Production Market Share (2021-2026)
Table 42. Rest of World Based Monazite Manufacturers, Headquarters and Production Site (State, Country)
Table 43. Rest of World Based Manufacturers Monazite Production Value, (2021-2026) & (USD Million)
Table 44. Rest of World Based Manufacturers Monazite Production Value Market Share (2021-2026)
Table 45. Rest of World Based Manufacturers Monazite Production, (2021-2026) & (Ton)
Table 46. Rest of World Based Manufacturers Monazite Production Market Share (2021-2026)
Table 47. World Monazite Production Value by Type, (USD Million), 2021 & 2025 & 2032
Table 48. World Monazite Production by Type (2021-2026) & (Ton)
Table 49. World Monazite Production by Type (2027-2032) & (Ton)
Table 50. World Monazite Production Value by Type (2021-2026) & (USD Million)
Table 51. World Monazite Production Value by Type (2027-2032) & (USD Million)
Table 52. World Monazite Average Price by Type (2021-2026) & (10K RMB/Ton)
Table 53. World Monazite Average Price by Type (2027-2032) & (10K RMB/Ton)
Table 54. World Monazite Production Value by Application, (USD Million), 2021 & 2025 & 2032
Table 55. World Monazite Production by Application (2021-2026) & (Ton)
Table 56. World Monazite Production by Application (2027-2032) & (Ton)
Table 57. World Monazite Production Value by Application (2021-2026) & (USD Million)
Table 58. World Monazite Production Value by Application (2027-2032) & (USD Million)
Table 59. World Monazite Average Price by Application (2021-2026) & (10K RMB/Ton)
Table 60. World Monazite Average Price by Application (2027-2032) & (10K RMB/Ton)
Table 61. Hongyuan Rare Earth Basic Information, Manufacturing Base and Competitors
Table 62. Hongyuan Rare Earth Major Business
Table 63. Hongyuan Rare Earth Monazite Product and Services
Table 64. Hongyuan Rare Earth Monazite Production (Ton), Price (10K RMB/Ton), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 65. Hongyuan Rare Earth Recent Developments/Updates
Table 66. Hongyuan Rare Earth Competitive Strengths & Weaknesses
Table 67. Xiangjiang River Rare Earth Basic Information, Manufacturing Base and Competitors
Table 68. Xiangjiang River Rare Earth Major Business
Table 69. Xiangjiang River Rare Earth Monazite Product and Services
Table 70. Xiangjiang River Rare Earth Monazite Production (Ton), Price (10K RMB/Ton), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 71. Xiangjiang River Rare Earth Recent Developments/Updates
Table 72. Xiangjiang River Rare Earth Competitive Strengths & Weaknesses
Table 73. Shenghe Resources Basic Information, Manufacturing Base and Competitors
Table 74. Shenghe Resources Major Business
Table 75. Shenghe Resources Monazite Product and Services
Table 76. Shenghe Resources Monazite Production (Ton), Price (10K RMB/Ton), Production Value (USD Million), Gross Margin and Market Share (2021-2026)
Table 77. Shenghe Resources Recent Developments/Updates
Table 78. Shenghe Resources Competitive Strengths & Weaknesses
Table 79. Global Key Players of Monazite Upstream (Raw Materials)
Table 80. Global Monazite Typical Customers
Table 81. Monazite Typical Distributors

LIST OF FIGURES

Figure 1. Monazite Picture
Figure 2. World Monazite Production Value: 2021 & 2025 & 2032, (USD Million)
Figure 3. World Monazite Production Value and Forecast (2021-2032) & (USD Million)
Figure 4. World Monazite Production (2021-2032) & (Ton)
Figure 5. World Monazite Average Price (2021-2032) & (10K RMB/Ton)
Figure 6. World Monazite Production Value Market Share by Region (2021-2032)
Figure 7. World Monazite Production Market Share by Region (2021-2032)
Figure 8. North America Monazite Production (2021-2032) & (Ton)
Figure 9. Europe Monazite Production (2021-2032) & (Ton)
Figure 10. China Monazite Production (2021-2032) & (Ton)
Figure 11. Monazite Market Drivers
Figure 12. Factors Affecting Demand
Figure 13. World Monazite Consumption (2021-2032) & (Ton)
Figure 14. World Monazite Consumption Market Share by Region (2021-2032)
Figure 15. United States Monazite Consumption (2021-2032) & (Ton)
Figure 16. China Monazite Consumption (2021-2032) & (Ton)
Figure 17. Europe Monazite Consumption (2021-2032) & (Ton)
Figure 18. Japan Monazite Consumption (2021-2032) & (Ton)
Figure 19. South Korea Monazite Consumption (2021-2032) & (Ton)
Figure 20. ASEAN Monazite Consumption (2021-2032) & (Ton)
Figure 21. India Monazite Consumption (2021-2032) & (Ton)
Figure 22. Producer Shipments of Monazite by Manufacturer Revenue ($MM) and Market Share (%): 2025
Figure 23. Global Four-firm Concentration Ratios (CR4) for Monazite Markets in 2025
Figure 24. Global Four-firm Concentration Ratios (CR8) for Monazite Markets in 2025
Figure 25. United States VS China: Monazite Production Value Market Share Comparison (2021 & 2025 & 2032)
Figure 26. United States VS China: Monazite Production Market Share Comparison (2021 & 2025 & 2032)
Figure 27. United States VS China: Monazite Consumption Market Share Comparison (2021 & 2025 & 2032)
Figure 28. United States Based Manufacturers Monazite Production Market Share 2025
Figure 29. China Based Manufacturers Monazite Production Market Share 2025
Figure 30. Rest of World Based Manufacturers Monazite Production Market Share 2025
Figure 31. World Monazite Production Value by Type, (USD Million), 2021 & 2025 & 2032
Figure 32. World Monazite Production Value Market Share by Type in 2025
Figure 33. Acid Cracking
Figure 34. Alkaline Cracking
Figure 35. World Monazite Production Market Share by Type (2021-2032)
Figure 36. World Monazite Production Value Market Share by Type (2021-2032)
Figure 37. World Monazite Average Price by Type (2021-2032) & (10K RMB/Ton)
Figure 38. World Monazite Production Value by Application, (USD Million), 2021 & 2025 & 2032
Figure 39. World Monazite Production Value Market Share by Application in 2025
Figure 40. Chemical
Figure 41. Metallurgy
Figure 42. Electronic
Figure 43. Medical
Figure 44. Others
Figure 45. World Monazite Production Market Share by Application (2021-2032)
Figure 46. World Monazite Production Value Market Share by Application (2021-2032)
Figure 47. World Monazite Average Price by Application (2021-2032) & (10K RMB/Ton)
Figure 48. Monazite Industry Chain
Figure 49. Monazite Procurement Model
Figure 50. Monazite Sales Model
Figure 51. Monazite Sales Channels, Direct Sales, and Distribution
Figure 52. Methodology
Figure 53. Research Process and Data Source


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