The global market for rare earths totaled 148,840 metric tons in 2013. The market reached 153,260 metric tons in 2014 and is expected to reach 207,205 metric tons in 2019, registering a compound annual growth rate (CAGR) of 6.2% for the period 2014-2019.
This report provides:
An overview of the global market for rare earth materials, technologies, and applications. Analyses of global market trends, with data from 2012 and 2013, estimates for 2014, and projections of CAGRs through 2019. Details concerning rare earth technology focusing on materials, sources, and applications. Identification of important technological and market trends within each market segment. Analysis of relevant patents and patent trends.
SCOPE OF THE REPORT
This report provides an updated review of rare earth materials, sources, pricing and production processes and identifies current and emerging applications for these materials.
BCC Research delineates the current market status for rare earths, defines trends and presents growth forecasts for the next five years. Supply and sourcing issues, including the latest developments, are also discussed. The rare earth market is analyzed based on material type and application, and it is expressed as rare earth consumption (in metric tons [t]) and revenues (in $ millions). A detailed U.S. patent analysis provides further insight regarding market and technological developments
More specifically, the market analysis conducted by BCC Research for this report is divided into seven sections. In the first section ( Chapter Three), an introduction to the topic and a historical review of rare earth technology are provided, including an outline of recent events. In this section, current and emerging applications for these materials are also identified and divided by sector (e.g., metallurgical/mechanical, chemical, energy and electronics). The second section ( Chapter Four) outlines the latest process developments and improvements related to rare earth production, followed by a summary of global production by country. The third section ( Chapter Five) provides a detailed analysis of the geographical distribution of rare earth sources, discussing the major rare earth mining activities in each country, including supplying an updated assessment of world reserves, a status report on the most important mining projects and global production forecasts. Past, present and future price trends are presented and discussed in the fourth section ( Chapter Six). The fifth section ( Chapter Seven) provides a global market analysis of rare earths. Global demand for rare earths is presented by industry/application and by element, with actual data for the years 2012 and 2013 and estimated data for 2014. Global rare earth revenues by industry are also provided. The analysis of the current rare earth market is followed by a detailed presentation of market growth trends based on industry growth and technological trends. The fifth section concludes by providing projected demand for rare earths within each segment, together with forecast compound annual growth rates (CAGRs) for 2014 through 2019. The sixth section ( Chapter Eight) of the study, which covers global industry structure, lists rare earth suppliers and descriptions of their products. The analysis includes a description of the geographical distribution of these firms and an evaluation of other key industry players. Detailed company profiles of the top players are also provided. The seventh and final section ( Chapter Nine) includes an extensive U.S. patent analysis, with a summary of patents related to rare earth materials, processes and applications issued in 2014. Patent analysis is performed by region, country, assignee, patent category, application and material type.
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