Title: Rare Earth Metal Market
1Global Rare Earth Metal Market Industry Trends
and Forecast to 2026
Global Rare Earth Metal Market By Material Type
(Lanthanum Oxide, Lutetium, Cerium, Praseodymium,
Neodymium, Samarium, Erbium, Europium,
Gadolinium, Terbium, Promethium, Scandium,
Holmium, Dysprosium, Thulium, Ytterbium, Yttrium,
Others), Applications (Permanent Magnets,
Catalysts, Glass Polishing, Phosphors, Ceramics,
Colorants, Metallurgy, Optical Instruments, Glass
Additives, Others), Sales Channel (Direct Sales,
Distributor)
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2Report Description
Global rare earth metal market is expected to
rise to an estimated value of USD 17.49 billion
by 2026, registering a substantial CAGR in the
forecast period of 2019-2026. Rare earth metals
(REM), also known as rare earth elements (REE)
are the collection of seventeen chemical elements
in the environment. The term rare is given to
them not due to the lack of abundance of these
elements, rather their presence in the earths
surface, they are quite difficult to explore as
they are dispersed and not concentrated to a
particular location.
3Major Key Players
- Some of the major players operating in this
market are - Minmetals Rare Earth Co., Ltd.
- Alkane Resources Ltd
- ARAFURA RESOURCES
- Lynas Corporation Ltd
- Avalon Rare Metals
- Canada Rare Earth Corporation
- IREL(INDIA) LIMITED
- Greenland Minerals Ltd.
- Iluka Resources Limited
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4Market Segmentation
- By Material Type (Lanthanum Oxide, Lutetium,
Cerium, Praseodymium, Neodymium, Samarium,
Erbium, Europium, Gadolinium, Terbium,
Promethium, Scandium, Holmium, Dysprosium,
Thulium, Ytterbium, Yttrium, Others) - By Applications (Permanent Magnets, Catalysts,
Glass Polishing, Phosphors, Ceramics, Colorants,
Metallurgy, Optical Instruments, Glass Additives,
Others) - By Sales Channel (Direct Sales, Distributor)
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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