Severity: Warning
Message: ini_set(): Session ini settings cannot be changed when a session is active
Filename: Session/Session.php
Line Number: 282
Backtrace:
File: /var/www/html/application/controllers/PageController.php
Line: 8
Function: __construct
File: /var/www/html/index.php
Line: 316
Function: require_once
Severity: Warning
Message: session_set_cookie_params(): Session cookie parameters cannot be changed when a session is active
Filename: Session/Session.php
Line Number: 294
Backtrace:
File: /var/www/html/application/controllers/PageController.php
Line: 8
Function: __construct
File: /var/www/html/index.php
Line: 316
Function: require_once
Severity: Warning
Message: ini_set(): Session ini settings cannot be changed when a session is active
Filename: Session/Session.php
Line Number: 304
Backtrace:
File: /var/www/html/application/controllers/PageController.php
Line: 8
Function: __construct
File: /var/www/html/index.php
Line: 316
Function: require_once
Severity: Warning
Message: ini_set(): Session ini settings cannot be changed when a session is active
Filename: Session/Session.php
Line Number: 314
Backtrace:
File: /var/www/html/application/controllers/PageController.php
Line: 8
Function: __construct
File: /var/www/html/index.php
Line: 316
Function: require_once
Severity: Warning
Message: ini_set(): Session ini settings cannot be changed when a session is active
Filename: Session/Session.php
Line Number: 315
Backtrace:
File: /var/www/html/application/controllers/PageController.php
Line: 8
Function: __construct
File: /var/www/html/index.php
Line: 316
Function: require_once
Severity: Warning
Message: ini_set(): Session ini settings cannot be changed when a session is active
Filename: Session/Session.php
Line Number: 316
Backtrace:
File: /var/www/html/application/controllers/PageController.php
Line: 8
Function: __construct
File: /var/www/html/index.php
Line: 316
Function: require_once
Severity: Warning
Message: ini_set(): Session ini settings cannot be changed after headers have already been sent
Filename: Session/Session.php
Line Number: 317
Backtrace:
File: /var/www/html/application/controllers/PageController.php
Line: 8
Function: __construct
File: /var/www/html/index.php
Line: 316
Function: require_once
Severity: Warning
Message: ini_set(): Session ini settings cannot be changed after headers have already been sent
Filename: Session/Session.php
Line Number: 375
Backtrace:
File: /var/www/html/application/controllers/PageController.php
Line: 8
Function: __construct
File: /var/www/html/index.php
Line: 316
Function: require_once
Severity: Warning
Message: session_set_save_handler(): Session save handler cannot be changed when a session is active
Filename: Session/Session.php
Line Number: 110
Backtrace:
File: /var/www/html/application/controllers/PageController.php
Line: 8
Function: __construct
File: /var/www/html/index.php
Line: 316
Function: require_once
Severity: Notice
Message: session_start(): Ignoring session_start() because a session is already active
Filename: Session/Session.php
Line Number: 143
Backtrace:
File: /var/www/html/application/controllers/PageController.php
Line: 8
Function: __construct
File: /var/www/html/index.php
Line: 316
Function: require_once
Global Rare Earth Metals
Market Report
2025
The global rare earth metals market size will be USD 6324.8 million in 2025. Rising demand for electric vehicles (EVs) is expected to boost sales to USD 17418.61777 million by 2033, with a Compound Annual Growth Rate (CAGR) of 13.50% from 2025 to 2033.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Rare Earth Metals Market Report 2025.
According to Cognitive Market Research, the global rare earth metals market size will be USD 6324.8 million in 2025. It will expand at a compound annual growth rate (CAGR) of 13.50% from 2025 to 2033.
2021 | 2025 | 2033 | CAGR | |
---|---|---|---|---|
Global Rare Earth Metals Market Sales Revenue | 121212 | 121212 | $ 17418.6 Million | 13.5% |
North America Rare Earth Metals Market Sales Revenue | 121212 | $ 2340.18 Million | $ 5510.7 Million | 11.3% |
United States Rare Earth Metals Market Sales Revenue | 121212 | $ 1846.4 Million | 121212 | 11.1% |
Canada Rare Earth Metals Market Sales Revenue | 121212 | $ 280.82 Million | 121212 | 12.1% |
Mexico Rare Earth Metals Market Sales Revenue | 121212 | $ 212.96 Million | 121212 | 11.8% |
Europe Rare Earth Metals Market Sales Revenue | 121212 | $ 1834.19 Million | $ 4476.9 Million | 11.8% |
United Kingdom Rare Earth Metals Market Sales Revenue | 121212 | $ 308.14 Million | 121212 | 12.6% |
France Rare Earth Metals Market Sales Revenue | 121212 | $ 168.75 Million | 121212 | 11% |
Germany Rare Earth Metals Market Sales Revenue | 121212 | $ 363.17 Million | 121212 | 12% |
Italy Rare Earth Metals Market Sales Revenue | 121212 | $ 157.74 Million | 121212 | 11.2% |
Russia Rare Earth Metals Market Sales Revenue | 121212 | $ 284.3 Million | 121212 | 10.8% |
Spain Rare Earth Metals Market Sales Revenue | 121212 | $ 150.4 Million | 121212 | 10.9% |
Sweden Rare Earth Metals Market Sales Revenue | 121212 | $ 56.86 Million | 121212 | 11.9% |
Denmark Rare Earth Metals Market Sales Revenue | 121212 | $ 38.52 Million | 121212 | 11.6% |
Switzerland Rare Earth Metals Market Sales Revenue | 121212 | $ 27.51 Million | 121212 | 11.5% |
Luxembourg Rare Earth Metals Market Sales Revenue | 121212 | $ 22.01 Million | 121212 | 12.1% |
Rest of Europe Rare Earth Metals Market Sales Revenue | 121212 | $ 256.79 Million | 121212 | 10.5% |
Asia Pacific Rare Earth Metals Market Sales Revenue | 121212 | $ 1517.95 Million | $ 4807.4 Million | 15.5% |
China Rare Earth Metals Market Sales Revenue | 121212 | $ 637.54 Million | 121212 | 15% |
Japan Rare Earth Metals Market Sales Revenue | 121212 | $ 209.48 Million | 121212 | 14% |
South Korea Rare Earth Metals Market Sales Revenue | 121212 | $ 182.15 Million | 121212 | 14.6% |
India Rare Earth Metals Market Sales Revenue | 121212 | $ 151.8 Million | 121212 | 17.4% |
Australia Rare Earth Metals Market Sales Revenue | 121212 | $ 78.93 Million | 121212 | 14.8% |
Singapore Rare Earth Metals Market Sales Revenue | 121212 | $ 30.36 Million | 121212 | 15.8% |
Taiwan Rare Earth Metals Market Sales Revenue | 121212 | $ 59.2 Million | 121212 | 15.3% |
South East Asia Rare Earth Metals Market Sales Revenue | 121212 | $ 100.18 Million | 121212 | 16.3% |
Rest of APAC Rare Earth Metals Market Sales Revenue | 121212 | $ 68.31 Million | 121212 | 15.3% |
South America Rare Earth Metals Market Sales Revenue | 121212 | $ 240.34 Million | $ 616.7 Million | 12.5% |
Brazil Rare Earth Metals Market Sales Revenue | 121212 | $ 102.87 Million | 121212 | 13.1% |
Argentina Rare Earth Metals Market Sales Revenue | 121212 | $ 40.38 Million | 121212 | 13.4% |
Colombia Rare Earth Metals Market Sales Revenue | 121212 | $ 21.39 Million | 121212 | 12.3% |
Peru Rare Earth Metals Market Sales Revenue | 121212 | $ 19.71 Million | 121212 | 12.7% |
Chile Rare Earth Metals Market Sales Revenue | 121212 | $ 17.3 Million | 121212 | 12.8% |
Rest of South America Rare Earth Metals Market Sales Revenue | 121212 | $ 38.7 Million | 121212 | 11.6% |
Middle East Rare Earth Metals Market Sales Revenue | 121212 | $ 252.99 Million | $ 663.1 Million | 12.8% |
Qatar Rare Earth Metals Market Sales Revenue | 121212 | $ 20.24 Million | 121212 | 12.3% |
Saudi Arabia Rare Earth Metals Market Sales Revenue | 121212 | $ 89.05 Million | 121212 | 13.1% |
Turkey Rare Earth Metals Market Sales Revenue | 121212 | $ 20.24 Million | 121212 | 13.4% |
UAE Rare Earth Metals Market Sales Revenue | 121212 | $ 52.12 Million | 121212 | 13.3% |
Egypt Rare Earth Metals Market Sales Revenue | 121212 | $ 15.18 Million | 121212 | 12.6% |
Rest of Middle East Rare Earth Metals Market Sales Revenue | 121212 | $ 56.16 Million | 121212 | 12% |
Africa Rare Earth Metals Market Sales Revenue | 121212 | $ 139.15 Million | $ 375.2 Million | 13.2% |
Nigeria Rare Earth Metals Market Sales Revenue | 121212 | $ 11.13 Million | 121212 | 13.4% |
South Africa Rare Earth Metals Market Sales Revenue | 121212 | $ 48.98 Million | 121212 | 14.1% |
Rest of Africa Rare Earth Metals Market Sales Revenue | 121212 | $ 79.03 Million | 121212 | 12.4% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by By Type Outlook: |
|
Market Split by By Application Outlook: |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Market Drivers:
| |
Market Restrains:
| |
Market Trends:
|
Report scope is customizable as we have a huge database of Rare Earth Metals industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Rare Earth Metals Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Rare earth metals are a group of 17 chemically similar elements used in high-tech devices, clean energy, defence systems, and electronics due to their unique magnetic, luminescent, and electrochemical properties. The Rare Earth Metals market is significantly driven by the expansion of renewable energy technologies. These metals, including neodymium, dysprosium, and praseodymium, are critical components in the manufacturing of high-performance permanent magnets used in wind turbines and electric vehicle motors. As countries invest heavily in clean energy to combat climate change and reduce dependence on fossil fuels, the demand for rare earth elements is surging. Wind and solar power systems, along with energy storage solutions, increasingly rely on these materials, positioning them as essential to the global renewable energy transition.
In August 2023, Australian Strategic Materials (ASM) signed a long-term metal sales and tolling framework agreement with USA Rare Earth, LLC (USARE). This agreement is a five-year contract for ASM to supply USARE with neodymium iron boron (NdFeB) alloy. https://asm-au.com/asm-signs-long-term-metal-sales-and-tolling-framework-agreement-with-usa-rare-earth/
The rare earth metals market is increasingly driven by government initiatives aimed at achieving resource independence. Many countries, particularly the US, EU nations, India, and Japan are implementing policies to reduce reliance on Chinese exports, which dominate the global supply. These initiatives include funding domestic mining projects, investing in refining and recycling technologies, and forming strategic alliances for rare earth exploration. Governments are also supporting R&D in developing alternatives and more sustainable extraction methods. Such policies are strengthening local supply chains and stimulating demand for rare earth elements critical to clean energy, defence, and electronics sectors, thereby propelling market growth and fostering technological self-reliance in strategic industries. In March 2024, Australian Strategic Materials (ASM) formed a strategic partnership with global engineering company Bechtel Mining and Metals, Inc. (Bechtel) for its Dubbo Project in New South Wales (NSW). Bechtel will provide Front-End Engineering Design (FEED) services, a crucial step toward the final investment decision. This partnership strengthens ASM's position for new funding opportunities, including with a US government entity.
https://asm-au.com/strategic-partnership-delivers-benefits-for-dubbo-project/”
The rare earth metals market is significantly driven by advancements in consumer electronics, which increasingly rely on these elements for performance and miniaturization. Rare earth metals such as neodymium, dysprosium, and terbium are critical components in high-performance magnets, speakers, vibration motors, and batteries used in smartphones, laptops, tablets, and wearables. As consumer demand grows for smarter, faster, and more compact devices, manufacturers are integrating rare-earth-based components to meet functional and design needs. Additionally, the shift toward energy-efficient electronics and high-resolution displays further boosts the demand for these materials. The constant innovation cycle in electronics ensures sustained growth in the rare earth metals market.
Fluctuating raw material prices act as a significant restraint in the rare earth metals market due to their impact on cost predictability and supply chain stability. These metals are often sourced from a limited number of countries, with China being the dominant supplier. Geopolitical tensions, export restrictions, and environmental regulations can disrupt supply and cause sharp price variations. Such volatility discourages investment in downstream applications and technologies relying on rare earth elements, such as magnets, batteries, and electronics. Manufacturers may seek alternative materials or delay projects to avoid unpredictable cost surges, ultimately affecting market growth. Long-term contracts are also difficult to secure under unstable pricing conditions.
We have various report editions of Rare Earth Metals Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
The Trump administration’s tariffs on Chinese imports directly impacted the rare earth metals market by disrupting supply chains. As China is the leading global supplier of rare earth elements, the tariffs escalated trade tensions and led to Chinese retaliation, including export restrictions. This caused immediate price volatility and uncertainty across multiple industries.
US industries relying on rare earth—such as defence, electronics, and renewable energy—faced material shortages and rising costs. The tariffs made it more expensive to import these critical materials, directly increasing production costs for manufacturers. This puts pressure on companies to either absorb higher costs or pass them to consumers, affecting profitability and market stability.
The tariffs also triggered an urgent search for alternative rare earth sources. The US government and private companies began investing in domestic mining and processing facilities. Although this response aimed to reduce dependence on China, the initial shock of disrupted access and higher costs had an immediate negative effect on market operations and supply planning.
Furthermore, the tariffs accelerated the development of rare earth recycling technologies and substitute materials. While these innovations were positive long-term, they arose from the direct economic stress caused by the trade conflict. The rare earth metals market experienced constrained global trade flows and tighter inventories, resulting in strained industrial output and elevated strategic concerns.
The rare earth metals market is highly competitive, characterized by the presence of several global and regional players offering a wide range of products. Key companies in the market, such as Alkane Resources Ltd, Arafura Resources Ltd, Avalon Advanced Materials Inc., China Northern Rare Earth (Group) High-Tech Co., Ltd., and Greenland Minerals Ltd, dominate through their extensive product portfolios, strong distribution networks, and focus on innovation.
In April 2024, U.S.-based MP Materials received USD 58.5 million for furthering the construction of the country’s first integrated rare earth magnet manufacturing facility. The plant is located in Forth Worth, Texas, and is expected to begin commercial production by late 2025. https://www.businesswire.com/news/home/20240401035042/en/MP-Materials-Awarded-%2458.5-Million-to-Advance-U.S.-Rare-Earth-Magnet-Manufacturing"
Top Companies Market Share in Rare Earth Metals Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America currently dominates the rare earth metals market, and the region is expected to have significant growth during the projected period. North America remains at the forefront of the adoption of rare earth metals, largely due to the growing demand for advanced technologies in defence, renewable energy, and electronics. These metals are critical for manufacturing components like magnets, batteries, and catalysts used in electric vehicles, wind turbines, and military equipment. As the region pushes for energy independence and technological innovation, the need for a secure and stable supply of rare earth elements has intensified, prompting investments in domestic mining, recycling, and supply chain diversification initiatives.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The Asia-Pacific region presents a wealth of opportunities for the rare earth metals market, driven by the region’s dominance in electronics manufacturing, clean energy technologies, and electric vehicle production. Countries like China, which holds significant rare earth reserves and refining capacity, are central to the supply chain. The rising demand for magnets, batteries, and catalysts used in high-tech applications further fuels market growth. Additionally, governmental support for renewable energy and advanced technologies in nations like Japan, South Korea, and India boosts regional consumption.
The current report Scope analyzes Rare Earth Metals Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
According to Cognitive Market Research, the global rare earth metals market size was estimated at USD 6324.8 Million, out of which North America held the major market share of more than 37% of the global revenue with a market size of USD 2340.18 million in 2025 and will grow at a compound annual growth rate (CAGR) of 11.3% from 2025 to 2033.
According to Cognitive Market Research, the US had a major share in the rare earth metals market with a market size of USD 1846.40 million in 2025 and is projected to grow at a CAGR of 11.1% during the forecast period. Technological innovations drive the United States rare earth metals market.
The Canadian rare earth metals market had a market share of USD 280.82 million in 2025 and is projected to grow at a CAGR of 12.1% during the forecast period. Rising demand for consumer electronics drives Canada's rare earth metals market.
The Mexico rare earth metals market is projected to witness growth at a CAGR of 11.8% during the forecast period, with a market size of USD 212.96 million in 2025.
According to Cognitive Market Research, the global rare earth metals market size was estimated at USD 6324.8 Million, out of which Europe held the market share of more than 29% of the global revenue with a market size of USD 2538.7 million in 2025 and will grow at a compound annual growth rate (CAGR) of 11.8% from 2025 to 2033.
The United Kingdom rare earth metals market had a market share of USD 308.14 million in 2025 and is projected to grow at a CAGR of 12.6% during the forecast period. Advancements in manufacturing technologies drive the United Kingdom rare earth metals market.
The France rare earth metals market is projected to witness growth at a CAGR of 11.0% during the forecast period, with a market size of USD 168.75 million in 2025.
According to Cognitive Market Research, the German rare earth metals market size was valued at USD 363.17 million in 2025 and is projected to grow at a CAGR of 12.0% during the forecast period. Significant investment in R&D drives Germany rare earth metals market.
The Italy rare earth metals market is projected to witness growth at a CAGR of 11.2% during the forecast period, with a market size of USD 157.74 million in 2025.
The Russia rare earth metals market is projected to witness growth at a CAGR of 10.8% during the forecast period, with a market size of USD 284.30 million in 2025
The Spain rare earth metals market is projected to witness growth at a CAGR of 10.9% during the forecast period with a market size of USD 150.40 million in 2025
The Sweden rare earth metals market is projected to witness growth at a CAGR of 11.9% during the forecast period, with a market size of USD 56.86 million in 2025.
The Denmark rare earth metals market is projected to witness growth at a CAGR of 11.6% during the forecast period, with a market size of USD 38.52 million in 2025
The Switzerland rare earth metals market is projected to witness growth at a CAGR of 11.5% during the forecast period, with a market size of USD 27.51 million in 2025.
The Luxembourg rare earth metals market is projected to witness growth at a CAGR of 12.1% during the forecast period, with a market size of USD 22.01 million in 2025.
The Rest of Europe's rare earth metals market is projected to witness growth at a CAGR of 10..5% during the forecast period, with a market size of USD 256.79 million in 2025.
According to Cognitive Market Research, the global rare earth metals market size was estimated at USD 6324.8 Million, out of which APAC held the market share of around 24% of the global revenue with a market size of USD 151611.3 million in 2025 and will grow at a compound annual growth rate (CAGR) of 15.5% from 2025 to 2033.
The China rare earth metals market size was valued at USD 637.54 million in 2025 and is projected to grow at a CAGR of 15.0% during the forecast period. Rare earth metals market surged in China due to increased investment in research and development.
The Japan rare earth metals market is projected to witness growth at a CAGR of 14.0% during the forecast period, with a market size of USD 209.48 million in 2025
The South Korea rare earth metals market had a market share of USD 182.15 million in 2025 and is projected to grow at a CAGR of 14.6% during the forecast period. Increasing demand for electric vehicles (EVs) drives the South Korea rare earth metals market.
The Indian rare earth metals market is projected to witness growth at a CAGR of 17.4% during the forecast period, with a market size of USD 151.80 million in 2025.
The Australian rare earth metals market is projected to witness growth at a CAGR of 14.8% during the forecast period, with a market size of USD 78.93 million in 2025.
The Singapore rare earth metals market is projected to witness growth at a CAGR of 15.8% during the forecast period, with a market size of USD 30.36 million in 2025.
The Taiwan rare earth metals market is projected to witness growth at a CAGR of 15.3% during the forecast period, with a market size of USD 59.20 million in 2025.
The South East Asia rare earth metals market is projected to witness growth at a CAGR of 16.3% during the forecast period, with a market size of USD 100.18 million in 2025.
The Rest of APAC rare earth metals market is projected to witness growth at a CAGR of 15.3% during the forecast period, with a market size of USD 68.31 million in 2025.
According to Cognitive Market Research, the global rare earth metals market size was estimated at USD 6324.8 Million, out of which South America held the market share of around 3.8% of the global revenue with a market size of USD 240.34 million in 2025 and will grow at a compound annual growth rate (CAGR) of 12.5% from 2025 to 2033.
The Brazil rare earth metals market size was valued at USD 102.87 million in 2025 and is projected to grow at a CAGR of 13.1% during the forecast period. Increased investment in technologies drives Brazil rare earth metals market.
Argentina's rare earth metals market had a market share of USD 40.38 million in 2025 and is projected to grow at a CAGR of 13.4% during the forecast period. Innovations in magnet technology drive Argentina's rare earth metals market.
Colombia rare earth metals market is projected to witness growth at a CAGR of 12.3% during the forecast period, with a market size of USD 21.39 million in 2025
Peru rare earth metals market is projected to witness growth at a CAGR of 12.7% during the forecast period, with a market size of USD 19.71 million in 2025.
Chile rare earth metals market is projected to witness growth at a CAGR of 12.8% during the forecast period, with a market size of USD 17.30 million in 2025
The Rest of South America's rare earth metals market is projected to witness growth at a CAGR of 11.6% during the forecast period, with a market size of USD 38.70 million in 2025.
According to Cognitive Market Research, the global rare earth metals market size was estimated at USD 6324.8 Million, out of which the Middle East held the major market share of around 4% of the global revenue with a market size of USD 252.99 million in 2025 and will grow at a compound annual growth rate (CAGR) of 12.8% from 2025 to 2033.
The Qatar rare earth metals market is projected to witness growth at a CAGR of 12.3% during the forecast period, with a market size of USD 20.24 million in 2025. Increasing focus on an emerging green and tech-driven economy drive Qatar rare earth metals market.
The Saudi Arabia rare earth metals market is projected to witness growth at a CAGR of 13.1% during the forecast period, with a market size of USD 89.05 million in 2025.
The Turkey rare earth metals market is projected to witness growth at a CAGR of 13.4% during the forecast period, with a market size of USD 20.24 million in 2025. Rare earth metals market sales flourished in Turkey due to the technological advancements in manufacturing techniques.
The UAE rare earth metals market is projected to witness growth at a CAGR of 13.3% during the forecast period, with a market size of USD 52.12 million in 2025.
The Egypt rare earth metals market is projected to witness growth at a CAGR of 12.6% during the forecast period, with a market size of USD 15.18 million in 2025.
The Rest of the Middle East rare earth metals market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 56.16 million in 2025
According to Cognitive Market Research, the global rare earth metals market size was estimated at USD 6324.8 Million, out of which Africa held the major market share of around 2.20% of the global revenue with a market size of USD 139.15 million in 2025 and will grow at a compound annual growth rate (CAGR) of 13.2% from 2025 to 2033.
The Nigeria rare earth metals market is projected to witness growth at a CAGR of 13.4% during the forecast period, with a market size of USD 11.13 million in 2025. Rare earth metals market sales flourish due to increasing investment in military technology.
The South Africa rare earth metals market is projected to witness growth at a CAGR of 14.1% during the forecast period, with a market size of USD 48.98 million in 2025.
The Rest of Africa's rare earth metals market is projected to witness growth at a CAGR of 12.4% during the forecast period, with a market size of USD 79.03 million in 2025.
Global Rare Earth Metals Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Rare Earth Metals Industry growth. Rare Earth Metals market has been segmented with the help of its By Type Outlook:, By Application Outlook: , and others. Rare Earth Metals market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Rare Earth Metals Market?
According to Cognitive Market Research, the neodymium oxide segment holds the largest market share. This is due to its crucial role in producing high-performance magnets used in electric vehicles (EVs), wind turbines, and consumer electronics. As the global shift towards renewable energy and electric mobility intensifies, the demand for neodymium oxide is rising. Additionally, its use in catalysts for petroleum refining and green technologies boosts market growth. The need for energy-efficient and sustainable solutions continues to fuel demand across various high-tech industries.
In the rare earth metals market, cerium oxide is expected to be the fastest-growing segment in the market due to increasing demand in clean energy, electronics, and automotive industries. Cerium oxide, a major component in catalysts, polishing agents, and phosphors, benefits from the growth in electric vehicles (EVs), renewable energy technologies (like wind turbines and solar panels), and advanced electronics. As global efforts to transition to greener technologies intensify, the need for rare earth elements like cerium oxide rises, supporting sustainable technological advancements and innovation.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Rare Earth Metals Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the metal alloys segment is likely to dominate the rare earth metals market as rare earth elements are crucial in manufacturing high-performance alloys used in various industries. The growing demand for electric vehicles (EVs), renewable energy technologies, and electronics drives the need for rare earth metals, which are essential in producing strong, lightweight alloys for motors, batteries, and turbines. Additionally, advancements in aerospace and defence technologies further fuel the demand for rare-earth-based metal alloys for specialized applications.
In the rare earth metals market, the glass additives segment has been expanding at a rapid pace as certain rare earth elements, such as lanthanum and cerium, are used in glass manufacturing to enhance properties like colour, durability, and heat resistance. These metals are crucial for producing specialized glass for electronics, optics, and automotive industries. The growing demand for advanced electronics, renewable energy technologies, and high-performance glass drives the use of rare earth metals as additives, boosting market growth in both sectors.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
By Type Outlook: | Cerium Oxide, Lanthanum Oxide, Neodymium Oxide, Yttrium Oxide, Europium Oxide |
By Application Outlook: | Permanent Magnets, Metal Alloys, Glass Polishing, Glass Additives, Phosphors, Catalysts |
List of Competitors | Alkane Resources Ltd, Arafura Resources Ltd, Avalon Advanced Materials Inc., China Northern Rare Earth (Group) High-Tech Co., Ltd., Greenland Minerals Ltd, Hitachi Metals Ltd., Iluka Resources Limited, Indian Rare Earth Limited, Lynas Corporation Ltd, Northern Minerals Ltd, Rare Element Resources Ltd., Shin-Etsu Chemical Co., Ltd., Ucore Rare Metals Inc. |
This chapter will help you gain GLOBAL Market Analysis of Rare Earth Metals. Further deep in this chapter, you will be able to review Global Rare Earth Metals Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Rare Earth Metals. Further deep in this chapter, you will be able to review North America Rare Earth Metals Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Rare Earth Metals. Further deep in this chapter, you will be able to review Europe Rare Earth Metals Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Rare Earth Metals. Further deep in this chapter, you will be able to review Asia Pacific Rare Earth Metals Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Rare Earth Metals. Further deep in this chapter, you will be able to review South America Rare Earth Metals Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Rare Earth Metals. Further deep in this chapter, you will be able to review Middle East Rare Earth Metals Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Rare Earth Metals. Further deep in this chapter, you will be able to review Middle East Rare Earth Metals Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Rare Earth Metals. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation By Type Outlook: Analysis 2019 -2031, will provide market size split by By Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by By Type Outlook: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by By Application Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Rare Earth Metals market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Cerium Oxide have a significant impact on Rare Earth Metals market? |
What are the key factors affecting the Cerium Oxide and Lanthanum Oxide of Rare Earth Metals Market? |
What is the CAGR/Growth Rate of Permanent Magnets during the forecast period? |
By type, which segment accounted for largest share of the global Rare Earth Metals Market? |
Which region is expected to dominate the global Rare Earth Metals Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|