Rare Earth Metals Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The rare earth metal market is valued at approximately US $ 13.2 billion in 2019, with a CAGR growth rate of over 10% between 2022 and 2028. Increasing demand from emerging technologies such as hybrid and electric vehicles combined with propulsion The use of magnets and optics in applications will contribute significantly to market growth during the evaluation period.

Company Profile

The global market is highly competitive owing to the presence of major players like Shin-Etsu Chemical Co. Ltd., China Minmetals Rare Earth Co. Ltd., China Northern Rare Earth (Group) High-Tech Co., Ltd., Iluka Resources Ltd, Molycorp Inc., Lynas Corporation Ltd, and Alkane Resources Ltd.

Market Segmentation

 By Metal

• Cerium
• Dysprosium
• Erbium
• Europium
• Gadolinium
• Holmium
• Lanthanum

By End-user

• Magnets
• Colorant
• Alloy
• Optical instrument
• Catalyst
• Others

Scope of the Report

The research study analyzes the global Rare Earth Metals industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Rare Earth Metals Market Report

1. What was the Rare Earth Metals Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Rare Earth Metals Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Rare Earth Metals Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.