Global Monazite Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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.
According to our (Global Info Research) latest study, the global Monazite market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 is a detailed and comprehensive analysis for global Monazite market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Monazite market size and forecasts, in consumption value ($ Million), sales quantity (Ton), and average selling prices (10K RMB/Ton), 2018-2029
Global Monazite market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Ton), and average selling prices (10K RMB/Ton), 2018-2029
Global Monazite market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Ton), and average selling prices (10K RMB/Ton), 2018-2029
Global Monazite market shares of main players, shipments in revenue ($ Million), sales quantity (Ton), and ASP (10K RMB/Ton), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Monazite
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
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 and Shenghe Resources. etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Monazite market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Acid Cracking
    Alkaline Cracking
Market segment by Application
    Chemical
    Metallurgy
    Electronic
    Medical
    Others
Major players covered
    Hongyuan Rare Earth
    Xiangjiang River Rare Earth
    Shenghe Resources
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Monazite product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Monazite, with price, sales, revenue and global market share of Monazite from 2018 to 2023.
Chapter 3, the Monazite competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Monazite breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Monazite market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Monazite.
Chapter 14 and 15, to describe Monazite sales channel, distributors, customers, research findings and conclusion.