Global rare earth elements market is expected to register a substantial CAGR of 9.20% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017.

The report on global Rare Earth Elements market, is a comprehensive overview of different aspects based on various parameters, such as production base, distribution channel, and potential customers. The key players in Rare Earth Elements market include different regions.

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Companies Profiled in this report includes, Minmetals Rare Earth Co., Ltd.; Alkane Resources Ltd; ARAFURA RESOURCES; Lynas Corporation Ltd; China Rare Earth Holdings Limited; Avalon Advanced Materials Inc.; IREL(INDIA) LIMITED; Greenland Minerals Ltd.; NEO; Rare Element Resources Ltd.; Frontier Rare Earths Limited; Canada Rare Earth Corporation; Iluka Resources Limited; Northern Minerals; Krakatoa Resources Limited; Ucore Rare Metals Inc.; Namibia Critical Metals Inc. among others

Market Definition: Global Rare Earth Elements Market

Rare earth elements are various chemical elements present in the periodic table. These elements aren’t necessarily rare to find, although their presence is spread across the entire earth in an even manner therefore their availability in a particular location is limited, which results in extraction of these elements from mines quite complicated.

Market Drivers:

Requirement of rare earth elements for the implementation and utilization of green technology worldwide; this factor is expected to propel the growth of the market
Focus of various organizations and companies on enhancing their understanding and technologies for rare earth elements; this factor is expected to foster growth of the market
Increased application area of these elements due to the rising demand for electric and hybrid vehicles also acts as a market driver
High demand associated with these elements due to their application as catalysts in various production activities will drive the market growth
Market Restraints:

Concerns regarding the increasing presence of illegal activities for extraction of rare earth elements from the different regions; this factor is expected to act as a restraint to the growth of the market
Lack of consistent supply to various end-users and applicable sectors is expected to hamper the market growth
Inequality of demand and supply quantities due to the trade wars between supplier of rare earth elements worldwide will restrict the growth of this market
Segmentation: Global Rare Earth Elements Market

By Element

Cerium
Oxide
Sulfide
Others
Neodymium
Alloy
Lanthanum
Alloy
Oxide
Others
Dysprosium
Terbium
Erbium
Europium
Gadolinium
Holmium
Lutetium
Praseodymium
Promethium
Samarium
Thulium
Ytterbium
Yttrium
Alloy
Oxide
Others
Scandium
Alloy
Oxide
Fluoride
Chloride
Nitrate
Iodide
Carbonate
Others
Others
By Application

Catalysts
Ceramics
Phosphors
Glass & Polishing
Metallurgy
Magnets
Others
By Geography

North America
S.
Canada
Mexico
Europe
Germany
France
Italy
K.
Belgium
Spain
Russia
Turkey
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
UAE
Saudi Arabia
Egypt
South Africa
Israel
Rest of Middle East and Africa
Key Developments in the Market:

In May 2019, Blue Line Corp. announced that they had entered into a partnership with Lynas for the establishment of a processing facility for rare earth elements. This facility will be located at Texas, United States and will help establish them as the first and only company capable of processing and separating rare earth elements outside the China region. This will ensure that the various organizations can meet the significant demands and applications of rare earth from the various end-users
In November 2018, Arafura Resources Ltd. announced the establishment of “Nolans Project” which will help them in the production of “neodymium-praseodymium (NdPr)” element. Nolans project located in Northern Territory of Australia region is expected to help supply the ten percent demand for this element worldwide when it will be in full production, expected to be by 2020 at a highly cost-effective cost. The company has also finalized the location for the processing and separation plant for their rare earth element production which will be in Australia
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The report gives most significant details of the Global Rare Earth Elements Market with the help of a thorough and specialized analysis. Defined in a ground-up manner, the report presents an extensive overview of the market based on the factors that are anticipated to have a considerable and measurable impact on the market’s developmental situations over the forecast period.

What the research report offers:

Market definition of the global Rare Earth Elements market along with the analysis of different influencing factors like drivers, restraints, and opportunities.
Extensive research on the competitive landscape of global Rare Earth Elements – market.
Identification and analysis of micro and macro factors that are and will effect on the growth of the market.
A comprehensive list of key market players operating in the global Rare Earth Elements
Analysis of the different market segments such as type, size, applications, and end-users.
It offers a descriptive analysis of demand-supply chaining in the global Rare Earth Elements
Statistical analysis of some significant economics facts
Figures, charts, graphs, pictures to describe the market clearly.
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