Global Rare Earth Salts
Market Report
2025
Delivery Includes:- Market Timeline 2021 till 2033, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
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.
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"Global Rare Earth Salts market size 2025 is $5874 Million whereas according out published study it will reach to $9953.12 Million by 2033. Rare Earth Salts market will be growing at a CAGR of 6.814% during 2025 to 2033."
As per the current market study, out of 5874 Million USD global market revenue 2025, North America market holds 23.88% of the market share. The North America Rare Earth Salts industry grew from 1066.77 Million USD in 2021 to 1402.71 Million USD in 2025 and will record 76.05% growth. In coming future this industry will reach 2400.69 Million by 2033 with a 6.948% CAGR. If we look at the percentage market shares of top North America countries for 2025,United States (80.24%), Canada (12.46%), Mexico (7.30%)
As per the current market study, out of 5874 Million USD global market revenue 2025, Europe market holds 18.54% of the market share. The Europe Rare Earth Salts industry grew from 812.258 Million USD in 2021 to 1089.04 Million USD in 2025 and will record 74.58% growth. In coming future this industry will reach 1899.06 Million by 2033 with a 7.198% CAGR. If we look at the percentage market shares of top Europe countries for 2025,United Kingdom (7.14%), Germany (16.10%), France (8.35%), Italy (9.42%), Russia (14.93%), Spain (5.25%), Sweden (4.17%), Denmark (4.11%), Switzerland (5.31%), Luxembourg (1.08%), Rest of Europe (24.14%)
As per the current market study, out of 5874 Million USD global market revenue 2025, Asia Pacific market holds 21.66% of the market share. The Asia Pacific Rare Earth Salts industry grew from 967.489 Million USD in 2021 to 1272.31 Million USD in 2025 and will record 76.04% growth. In coming future this industry will reach 2176.75 Million by 2033 with a 6.943% CAGR. If we look at the percentage market shares of top Asia Pacific countries for 2025,China (17.03%), Japan (19.22%), India (17.27%), South Korea (6.02%), Australia (4.18%), Singapore (5.24%), South East Asia (4.25%), Taiwan (2.07%)
As per the current market study, out of 5874 Million USD global market revenue 2025, South America market holds 9.47% of the market share. The South America Rare Earth Salts industry grew from 438.168 Million USD in 2021 to 556.268 Million USD in 2025 and will record 78.77% growth. In coming future this industry will reach 918.673 Million by 2033 with a 6.472% CAGR. If we look at the percentage market shares of top South America countries for 2025,Brazil (35.79%), Argentina (16.76%), Colombia (6.29%), Peru (4.91%), Chile (3.10%), Rest of South America (33.15%)
As per the current market study, out of 5874 Million USD global market revenue 2025, Middle East market holds 4.12% of the market share. The Middle East Rare Earth Salts industry grew from 191.783 Million USD in 2021 to 242.009 Million USD in 2025 and will record 79.25% growth. In coming future this industry will reach 397.13 Million by 2033 with a 6.387% CAGR. If we look at the percentage market shares of top Middle East countries for 2025,Saudi Arabia (29.72%), Turkey (17.30%), UAE (6.95%), Egypt (7.28%), Qatar (2.92%), Rest of Middle East (35.83%)
As per the current market study, out of 5874 Million USD global market revenue 2025, Africa market holds 22.33% of the market share. The Africa Rare Earth Salts industry grew from 1036.08 Million USD in 2021 to 1311.66 Million USD in 2025 and will record 78.99% growth. In coming future this industry will reach 2160.82 Million by 2033 with a 6.439% CAGR. If we look at the percentage market shares of top Africa countries for 2025,Nigeria (32.26%), South Africa (29.59%), Rest of Africa (38.15%)
2021 | 2025 | 2033 | CAGR | |
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Global Rare Earth Salts Market Sales Revenue | $ 4512.54 Million | $ 5874 Million | $ 9953.12 Million | 6.814% |
North America Rare Earth Salts Market Sales Revenue | $ 1066.77 Million | $ 1402.71 Million | $ 2400.69 Million | 6.948% |
United States Rare Earth Salts Market Sales Revenue | $ 835.064 Million | $ 1125.54 Million | $ 1973.13 Million | 7.269% |
Canada Rare Earth Salts Market Sales Revenue | $ 134.306 Million | $ 174.778 Million | $ 296.246 Million | 6.818% |
Mexico Rare Earth Salts Market Sales Revenue | $ 97.396 Million | $ 102.398 Million | $ 131.318 Million | 3.158% |
Europe Rare Earth Salts Market Sales Revenue | $ 812.258 Million | $ 1089.04 Million | $ 1899.06 Million | 7.198% |
United Kingdom Rare Earth Salts Market Sales Revenue | $ 57.752 Million | $ 77.757 Million | $ 136.352 Million | 7.273% |
Germany Rare Earth Salts Market Sales Revenue | $ 130.124 Million | $ 175.335 Million | $ 307.267 Million | 7.264% |
France Rare Earth Salts Market Sales Revenue | $ 69.529 Million | $ 90.935 Million | $ 154.393 Million | 6.841% |
Italy Rare Earth Salts Market Sales Revenue | $ 77.246 Million | $ 102.588 Million | $ 176.992 Million | 7.055% |
Russia Rare Earth Salts Market Sales Revenue | $ 125.006 Million | $ 162.594 Million | $ 274.793 Million | 6.779% |
Spain Rare Earth Salts Market Sales Revenue | $ 43.05 Million | $ 57.175 Million | $ 98.561 Million | 7.044% |
Sweden Rare Earth Salts Market Sales Revenue | $ 34.196 Million | $ 45.413 Million | $ 78.431 Million | 7.069% |
Denmark Rare Earth Salts Market Sales Revenue | $ 33.952 Million | $ 44.76 Million | $ 76.912 Million | 7.001% |
Switzerland Rare Earth Salts Market Sales Revenue | $ 42.562 Million | $ 57.828 Million | $ 102.359 Million | 7.399% |
Luxembourg Rare Earth Salts Market Sales Revenue | $ 8.529 Million | $ 11.762 Million | $ 21.08 Million | 7.566% |
Rest of Europe Rare Earth Salts Market Sales Revenue | $ 190.312 Million | $ 262.894 Million | $ 471.915 Million | 7.587% |
Asia Pacific Rare Earth Salts Market Sales Revenue | $ 967.489 Million | $ 1272.31 Million | $ 2176.75 Million | 6.943% |
China Rare Earth Salts Market Sales Revenue | $ 163.022 Million | $ 216.674 Million | $ 374.618 Million | 7.084% |
Japan Rare Earth Salts Market Sales Revenue | $ 191.756 Million | $ 244.538 Million | $ 405.528 Million | 6.527% |
India Rare Earth Salts Market Sales Revenue | $ 163.796 Million | $ 219.728 Million | $ 383.325 Million | 7.204% |
South Korea Rare Earth Salts Market Sales Revenue | $ 58.533 Million | $ 76.593 Million | $ 130.387 Million | 6.876% |
Australia Rare Earth Salts Market Sales Revenue | $ 39.28 Million | $ 53.182 Million | $ 93.6 Million | 7.322% |
Singapore Rare Earth Salts Market Sales Revenue | $ 49.729 Million | $ 66.669 Million | $ 116.238 Million | 7.196% |
South East Asia Rare Earth Salts Market Sales Revenue | $ 41.312 Million | $ 54.073 Million | $ 92.076 Million | 6.88% |
Taiwan Rare Earth Salts Market Sales Revenue | $ 19.447 Million | $ 26.337 Million | $ 46.365 Million | 7.326% |
South America Rare Earth Salts Market Sales Revenue | $ 438.168 Million | $ 556.268 Million | $ 918.673 Million | 6.472% |
Brazil Rare Earth Salts Market Sales Revenue | $ 159.186 Million | $ 199.088 Million | $ 323.74 Million | 6.266% |
Argentina Rare Earth Salts Market Sales Revenue | $ 73.043 Million | $ 93.23 Million | $ 154.705 Million | 6.535% |
Colombia Rare Earth Salts Market Sales Revenue | $ 28.087 Million | $ 34.989 Million | $ 56.59 Million | 6.194% |
Peru Rare Earth Salts Market Sales Revenue | $ 21.952 Million | $ 27.313 Million | $ 44.188 Million | 6.198% |
Chile Rare Earth Salts Market Sales Revenue | $ 13.934 Million | $ 17.244 Million | $ 27.744 Million | 6.124% |
Rest of South America Rare Earth Salts Market Sales Revenue | $ 141.966 Million | $ 184.403 Million | $ 311.706 Million | 6.782% |
Middle East Rare Earth Salts Market Sales Revenue | $ 191.783 Million | $ 242.009 Million | $ 397.13 Million | 6.387% |
Saudi Arabia Rare Earth Salts Market Sales Revenue | $ 58.149 Million | $ 71.925 Million | $ 115.604 Million | 6.111% |
Turkey Rare Earth Salts Market Sales Revenue | $ 33.85 Million | $ 41.868 Million | $ 67.274 Million | 6.107% |
UAE Rare Earth Salts Market Sales Revenue | $ 13.54 Million | $ 16.82 Million | $ 27.164 Million | 6.175% |
Egypt Rare Earth Salts Market Sales Revenue | $ 13.559 Million | $ 17.618 Million | $ 29.745 Million | 6.766% |
Qatar Rare Earth Salts Market Sales Revenue | $ 5.753 Million | $ 7.067 Million | $ 11.318 Million | 6.065% |
Rest of Middle East Rare Earth Salts Market Sales Revenue | $ 66.932 Million | $ 86.712 Million | $ 146.025 Million | 6.732% |
Africa Rare Earth Salts Market Sales Revenue | $ 1036.08 Million | $ 1311.66 Million | $ 2160.82 Million | 6.439% |
Nigeria Rare Earth Salts Market Sales Revenue | $ 324.5 Million | $ 423.143 Million | $ 717.393 Million | 6.822% |
South Africa Rare Earth Salts Market Sales Revenue | $ 316.108 Million | $ 388.121 Million | $ 619.724 Million | 6.024% |
Rest of Africa Rare Earth Salts Market Sales Revenue | $ 395.472 Million | $ 500.4 Million | $ 823.706 Million | 6.428% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Rare Earth Salts industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Rare Earth Salts Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Market Dynamics such as Drivers, Restraints, Opportunities, Trends data
Market dynamics is the key parameter of the report study. The Chemical Industry is influenced by positive as well as negative factors, including raw material availability, regulatory changes, economic conditions, and others. Moreover, environmental and safety regulations are important in shaping the chemical industry.
In this chapter, we have included a detailed analysis of drivers, restraints, opportunities and technological roadmap for Rare Earth Salts Market. Global Rare Earth Salts market dynamics can have a significant impact on the production, pricing, and distribution of chemicals. This analysis also helps businesses operating in the chemical industry to understand the current market conditions, technological advancement along with environmental and safety regulations.
We have various report editions of Rare Earth Salts 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.
Chemical and materials companies are facing some challenges including stringent rules & regulation, supply chain disruption along with raw material price volatility. Thus, some of the key players are adopting new technologies to enhance their product portfolio. Now days digital technologies play an important role in this sector because it improves efficiency, operations and productivity of the plant. This study helps you to understand the competitor’s revenue generation, key strategies, recent development coupled with its S.W.O.T analysis.
Top Companies Market Share in Rare Earth Salts Industry: (In no particular order of Rank)
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The regional analysis offers Rare Earth Salts market size, share and a detailed analysis for each region. This quantitative as well as qualitative information is crucial for new entrants along with companies operating in Rare Earth Salts market . Rare Earth Salts market production and consumption can vary significantly from one region to another owing to factors such as, the availability of raw materials, regulatory environments, and others.
The current report Scope analyzes Rare Earth Salts 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.
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Global Rare Earth Salts 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 Salts Industry growth. Rare Earth Salts market has been segmented with the help of its Type, Application , and others. Rare Earth Salts 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.
Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2021 to 2033. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.
Type of Rare Earth Salts analyzed in this report are as follows:
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Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Rare Earth Salts Market.
Some of the key Application of Rare Earth Salts are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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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.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Rare Earth Salts Market is witnessing significant growth in the near future.
In 2023, the Rare earth Sulfate segment accounted for noticeable share of global Rare Earth Salts Market and is projected to experience significant growth in the near future.
The Metallurgical segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Beifang Rare Earth, Shenghe Resources and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
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:
Type | Rare earth Sulfate, Rare earth Nitrate, Rare earth Carbonate, Other |
Application | Metallurgical, Rare Earth Permanent Magnet Material, Catalytic Materials, Hydrogen Storage Material, Other |
List of Competitors | Beifang Rare Earth, China Minmetals Corporation, Shenghe Resources, Rising Nonferrous Metals, Sanlong Rare Metals, Grirem Advanced Materials, Ganzhou Qiandong Rare Earth Group, Jiangtong Rare Earth, Xiamen Tungsten, Lynas, MP Materials |
This chapter will help you gain GLOBAL Market Analysis of Rare Earth Salts. Further deep in this chapter, you will be able to review Global Rare Earth Salts 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 Salts. Further deep in this chapter, you will be able to review North America Rare Earth Salts 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 Salts. Further deep in this chapter, you will be able to review Europe Rare Earth Salts 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 Salts. Further deep in this chapter, you will be able to review Asia Pacific Rare Earth Salts 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 Salts. Further deep in this chapter, you will be able to review South America Rare Earth Salts 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 Salts. Further deep in this chapter, you will be able to review Middle East Rare Earth Salts 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 Salts. Further deep in this chapter, you will be able to review Middle East Rare Earth Salts 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 Salts. 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.
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 Type Analysis 2019 -2031, will provide market size split by Type. 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 Type 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 Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Rare Earth Salts 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 Rare earth Sulfate have a significant impact on Rare Earth Salts market? |
What are the key factors affecting the Rare earth Sulfate and Rare earth Nitrate of Rare Earth Salts Market? |
What is the CAGR/Growth Rate of Metallurgical during the forecast period? |
By type, which segment accounted for largest share of the global Rare Earth Salts Market? |
Which region is expected to dominate the global Rare Earth Salts Market within the forecast period? |