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Rare Earth Materials Market, Global Outlook and Forecast 2023-2030

Writer's picture: krish mundekrish munde

The global Rare Earth Materials market was valued at US$5,468 million in 2022 and is projected to reach US$10,257 million by 2029, at a CAGR of 7.17% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


A rare earth element is called a rare earth material.


This report aims to provide a comprehensive presentation of the global market for Rare Earth Materials, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Rare Earth Materials. This report contains market size and forecasts of Rare Earth Materials in global, including the following market information:


  • Global Rare Earth Materials Market Revenue, 2018-2023, 2024-2030, ($ millions)

  • Global Rare Earth Materials Market Sales, 2018-2023, 2024-2030, (MT)

  • Global top five Rare Earth Materials companies in 2022 (%)


The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.

Europium Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of Rare Earth Materials include China Rare Earth, Frontier Rare Earths, Baogang, Jiangxi Copper, Alkane Resource, Arafura Resources, Avalon Advanced Materials, China Minmetals Rare Earth and Lynas, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Rare Earth Materials manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:


Global Rare Earth Materials Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (MT)

Global Rare Earth Materials Market Segment Percentages, by Type, 2022 (%)


  • Europium

  • Cerium

  • Lanthanum

  • Neodymium

  • Yttrium

  • Dysprosium

  • Terbium

  • Others


Global Rare Earth Materials Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (MT)

Global Rare Earth Materials Market Segment Percentages, by Application, 2022 (%)


  • Catalysts

  • Permanent Magnets

  • Phosphors

  • Others


Global Rare Earth Materials Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (MT)

Global Rare Earth Materials Market Segment Percentages, By Region and Country, 2022 (%)


  • North America

  • US

  • Canada

  • Mexico

  • Europe

  • Germany

  • France

  • U.K.

  • Italy

  • Russia

  • Nordic Countries

  • Benelux

  • Rest of Europe

  • Asia

  • China

  • Japan

  • South Korea

  • Southeast Asia

  • India

  • Rest of Asia

  • South America

  • Brazil

  • Argentina

  • Rest of South America

  • Middle East & Africa

  • Turkey

  • Israel

  • Saudi Arabia

  • UAE

  • Rest of Middle East & Africa

Competitor Analysis


The report also provides analysis of leading market participants including:


  • Key companies Rare Earth Materials revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Rare Earth Materials revenues share in global market, 2022 (%)

  • Key companies Rare Earth Materials sales in global market, 2018-2023 (Estimated), (MT)

  • Key companies Rare Earth Materials sales share in global market, 2022 (%)

key players include:


  • China Rare Earth

  • Frontier Rare Earths

  • Baogang

  • Jiangxi Copper

  • Alkane Resource

  • Arafura Resources

  • Avalon Advanced Materials

  • China Minmetals Rare Earth

  • Lynas

  • Canada Rare Earth

  • Greenland Minerals and Energy

  • Indian Rare Earths

  • Montero Mining and Exploration

  • Namibia Rare Earths

  • Molycorp


Outline of Major Chapters:

Chapter 1: Introduces the definition of Rare Earth Materials, market overview.

Chapter 2: Global Rare Earth Materials market size in revenue and volume.

Chapter 3: Detailed analysis of Rare Earth Materials manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Rare Earth Materials in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Rare Earth Materials capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports 1.1 Rare Earth Materials Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Rare Earth Materials Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Rare Earth Materials Overall Market Size 2.1 Global Rare Earth Materials Market Size: 2022 VS 2030 2.2 Global Rare Earth Materials Revenue, Prospects & Forecasts: 2018-2030 2.3 Global Rare Earth Materials Sales: 2018-2030 3 Company Landscape 3.1 Top Rare Earth Materials Players in Global Market 3.2 Top Global Rare Earth Materials Companies Ranked by Revenue 3.3 Global Rare Earth Materials Revenue by Companies 3.4 Global Rare Earth Materials Sales by Companies 3.5 Global Rare Earth Materials Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Rare Earth Materials Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Rare Earth Materials Product Type 3.8 Tier 1, Tier 2 and Tier 3 Rare Earth Materials Players in Global Market 3.8.1 List of Global Tier 1 Rare Earth Materials Companies 3.8.2 List of Global Tier 2 and Tier 3 Rare Earth Materials Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Glob

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