Global Rare Earth Metals Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Rare earth metals are vital to the worldﾒs economy. They are essential to developing technologies in the communications, electronics, and military weapons markets. It is widely used in metallurgy, rare earth permanent magnet material and hydrogen storage material.
Rare earth metals typically include scandium (Sc-21), yttrium (Y-39), lanthanum (La-57), cerium (Ce-58), praseodymium (Pr-59), neodymium (Nd-60), promethium (Pm-61), samarium (Sm-62), europium (Eu-63), gadolinium (Gd-64), terbium (Tb-65), dysprosium (Dy-66), holmium (Ho-67), erbium (Er-68), thulium (Tm-69), ytterbium (Yb-70), and lutetium (Lu-71).
According to our (Global Info Research) latest study, the global Rare Earth Metals market size was valued at USD 751.1 million in 2022 and is forecast to a readjusted size of USD 371.5 million by 2029 with a CAGR of -9.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Rare Earth Metals key players include Beifang Rare Earth, Integral Materials Investment Vietnam, Grirem Advanced Materials, Chenguang Rare Earths New Material, Jiangtong Rare Earth, etc. Global top five manufacturers hold a share over 60%.
China is the largest market, with a share over 80%. 
In terms of product, Pr-Nd is the largest segment, with a share over 70%. And in terms of application, the largest application is Rare Earth Permanent Magnet Material, followed by Metallurgy, Hydrogen Storage Material, etc.
This report is a detailed and comprehensive analysis for global Rare Earth Metals 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 Rare Earth Metals market size and forecasts, in consumption value ($ Million), sales quantity (Ton), and average selling prices (USD/Ton), 2018-2029
Global Rare Earth Metals market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Ton), and average selling prices (USD/Ton), 2018-2029
Global Rare Earth Metals market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Ton), and average selling prices (USD/Ton), 2018-2029
Global Rare Earth Metals market shares of main players, shipments in revenue ($ Million), sales quantity (Ton), and ASP (USD/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 Rare Earth Metals
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 Rare Earth Metals 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 Beifang Rare Earth, Integral Materials Investment Vietnam, Chenguang Rare Earths New Material, Sunlux Rare Metal and Grirem Advanced Materials, 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
Rare Earth Metals 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
    Pr-Nd
    La-Ce
    La
    Ce
    Pr
    Nd
    Others
Market segment by Application
    Metallurgy
    Rare Earth Permanent Magnet Material
    Hydrogen Storage Material
    Others
Major players covered
    Beifang Rare Earth
    Integral Materials Investment Vietnam
    Chenguang Rare Earths New Material
    Sunlux Rare Metal
    Grirem Advanced Materials
    Baotou Xinye New Materials
    Ganzhou Rare Earth Metals
    Jiangtong Rare Earth
    Xiamen Tungsten
    Shenghe Resources
    Yiyang Hongyuan Rare Earth
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 Rare Earth Metals product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Rare Earth Metals, with price, sales, revenue and global market share of Rare Earth Metals from 2018 to 2023.
Chapter 3, the Rare Earth Metals competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Rare Earth Metals 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 Rare Earth Metals 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 Rare Earth Metals.
Chapter 14 and 15, to describe Rare Earth Metals sales channel, distributors, customers, research findings and conclusion.