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市場調查報告書
商品編碼
1511359
到 2030 年全球稀土元素市場預測:依產品、類型、應用、地區分類Rare Earth Metal Market Forecasts to 2030 - Global Analysis By Product (Dysprosium, Europium and Other Products), Type (Lanthanum Oxide, Yttrium Oxide and Other Types), Application and By Geography |
根據Stratistics MRC的數據,2024年全球稀土元素市場規模為68.6億美元,預計2030年將達到153.9億美元,預測期內複合年成長率為14.0%。
稀土元素是元素週期表中 17 種化學元素的集合,包括鈧、釔和鑭系元素。儘管它的名字如此,但它在地殼中的含量相對豐富,但其相似的化學性質使其難以提取和精製。這些金屬對於各種高科技應用至關重要,包括磁鐵(釹、釤)、催化劑(鈰、鑭)和電子產品(銪、釓)。它們獨特的磁性、發光和催化特性使其對於從智慧型手機、風力發電機到醫療成像設備的現代技術至關重要。中國目前佔世界產量的大部分,並因其戰略重要性而具有地緣政治影響。
全球技術需求
全球技術需求是稀土元素(REM)市場的關鍵驅動力,因為稀土元素(REM)對於高科技應用至關重要。稀土元素(例如釹、鏑和釔)對於電子產品、可再生能源技術(例如風力發電機和電動車)和先進醫療設備的製造至關重要。隨著技術的進步,對 REM 的需求增加,影響市場動態。電動車的興起、5G 網路的擴展以及再生能源來源的成長等趨勢推動了這一需求,所有這些趨勢都嚴重依賴 REM 的性能和效率。
世界產能的極限
稀土元素市場的全球產能限制是世界各地採礦和加工設施滿足這些關鍵元素不斷成長的需求的能力有限。複雜的採礦流程、環境法規和地緣政治考量等因素限制了產能擴張。這項限制導致稀土元素市場供不應求和價格波動,影響了電子、可再生能源系統和國防應用等先進技術中依賴這些材料的產業。
清潔能源技術
清潔能源技術嚴重依賴稀土元素(REM),因為稀土金屬具有獨特的磁性、發光和催化特性,這些特性對於風力發電機、電動車 (EV) 和太陽能板等應用至關重要。此類技術的發展推動了對釹、鏑和鋱等元素的需求,為稀土元素市場創造了重大機會。隨著全球減少碳排放努力的加大,對 REM 的需求預計將進一步增加。然而,市場面臨供應鏈脆弱性以及與採礦和加工相關的環境問題等挑戰。投資回收和永續提取技術提供了一條緩解這些挑戰的途徑,同時利用不斷成長的清潔能源產業。
貿易政策和關稅
由於全球供應鏈,貿易政策和關稅可能對稀土元素(REM)市場產生重大影響。如果政府對對高科技產業至關重要的 REM 徵收關稅,可能會擾亂供應並增加製造商的成本。這些威脅的出現是因為 REM 生產集中在少數國家(主要是中國),使得全球供應容易受到地緣政治緊張局勢和貿易爭端的影響。更高的關稅可能會導致報復性措施,並進一步破壞 REM 的市場進入和價格穩定,而 REM 對電子、可再生能源和國防技術至關重要。
由於全球供應鏈中斷和全球工業活動下降,COVID-19大流行對稀土元素市場產生了重大影響。這些金屬對電子和可再生能源等高科技產業至關重要,但面臨供不應求和價格波動。旅行限制阻礙了採礦作業和運輸,限制了生產和運輸。此外,家用電子電器和電動車的需求波動進一步影響了市場動態。隨著經濟復甦,隨著工業活動的恢復和綠色技術投資的恢復,稀土元素市場預計將穩定。
預計釔細分市場在預測期內將是最大的
釔是一種稀土元素,由於其多樣化的工業應用而取得了顯著的成長。釔對於 LED 螢幕和節能照明中使用的磷光體至關重要,有助於推動全球永續性。超導性和各種合金的生產對釔的需求也在增加,這使得釔在核磁共振掃描儀和航太部件等先進技術中發揮重要作用。釔的獨特特性進一步推動了這一成長,使其在高科技和綠色能源領域發揮重要作用,凸顯了其在塑造現代工業發展和創新方面的關鍵作用。
冶金業在預測期間內複合年成長率最高
稀土元素市場的冶金領域正在顯著成長,因為它在各種高科技應用中發揮著重要作用。釹、鏑和鋱等稀土元素對於生產電動車 (EV)、風力發電機和電子設備中使用的強力磁鐵至關重要。隨著世界對清潔能源解決方案和先進技術的需求不斷成長,對這些特殊金屬的需求也不斷成長。因此,適合稀土元素萃取和精製的冶金製程對於滿足此需求至關重要。
近年來,由於多種因素的影響,北美稀土元素市場出現了顯著成長。一個關鍵因素是該地區的戰略重點是減少對中國供應的依賴,歷史上中國供應佔全球產量的大部分。新採礦計劃的投資以及採礦和加工方面的技術創新正在增強國內生產能力。此外,人們越來越認知到稀土元素在電子、可再生能源和國防等高科技產業中發揮的關鍵作用,也刺激了需求。
由於多種因素,亞太地區稀土元素市場正經歷顯著成長。像中國這樣的國家在生產中佔據主導地位並佔據全球生產的主要佔有率。在電子、可再生能源技術和國防應用技術進步的推動下,需求正在迅速成長。此外,地緣政治變化凸顯了稀土元素的戰略重要性,促使該地區國家加強生產和加工能力。這種成長軌跡得到了對回收和替代來源的持續探索的進一步支持,以減少與傳統提取方法相關的供應鏈風險和環境問題。
According to Stratistics MRC, the Global Rare Earth Metal Market is accounted for $6.86 billion in 2024 and is expected to reach $15.39 billion by 2030 growing at a CAGR of 14.0% during the forecast period. Rare earth metals are a group of 17 chemical elements in the periodic table, including scandium, yttrium, and the lanthanides. Despite their name, they are relatively abundant in the Earth's crust but are challenging to extract and refine due to their similar chemical properties. These metals are crucial in various high-tech applications such as magnets (neodymium, samarium), catalysts (cerium, lanthanum), and electronics (europium, gadolinium). Their unique magnetic, luminescent, and catalytic properties make them indispensable in modern technologies, from smartphones and wind turbines to medical imaging devices. China currently dominates global production, posing geopolitical implications due to its strategic importance.
According to the World Nuclear Association, two nuclear reactors are under construction in the U.S country.
Global demand for technology
The global demand for technology is a significant driver of the rare earth metal (REM) market due to their indispensable use in high-tech applications. REMs such as neodymium, dysprosium, and yttrium are crucial for manufacturing electronics, renewable energy technologies (like wind turbines and electric vehicles), and advanced medical equipment. As technology advances, the need for REMs increases, influencing their market dynamics. This demand is fueled by trends like the rise of electric vehicles, the expansion of 5G networks, and growth in renewable energy sources, all of which heavily rely on REMs for their performance and efficiency.
Limited global production capacity
Limited global production capacity in the rare earth metals market is the constrained ability of mining and processing facilities worldwide to meet the growing demand for these critical elements. Factors such as complex extraction processes, environmental regulations, and geopolitical considerations restrict the expansion of production capabilities. This limitation contributes to supply shortages and price volatility in the rare earth metals market, impacting industries reliant on these materials for advanced technologies like electronics, renewable energy systems, and defense applications.
Clean energy technologies
Clean energy technologies heavily rely on rare earth metals (REMs) due to their unique magnetic, luminescent, and catalytic properties essential for applications like wind turbines, electric vehicles (EVs), and solar panels. The growth of these technologies has created a significant opportunity in the rare earth metal market, driving demand for elements such as neodymium, dysprosium, and terbium. As global efforts intensify to reduce carbon emissions, the demand for REMs is expected to rise further. However, the market faces challenges, including supply chain vulnerabilities and environmental concerns related to mining and processing. Investment in recycling and sustainable extraction technologies presents avenues for mitigating these challenges while capitalizing on the expanding clean energy sector.
Trade policies and tariffs
Trade policies and tariffs can significantly impact the rare earth metal (REM) market due to its global supply chain. Governments imposing tariffs on REMs, which are critical for high-tech industries, can disrupt supply and increase costs for manufacturers. This threat arises because REM production is concentrated in a few countries, primarily China, making global supply vulnerable to geopolitical tensions and trade disputes. Higher tariffs can lead to retaliatory measures, further destabilizing market access and prices for REMs essential in electronics, renewable energy, and defense technologies.
The COVID-19 pandemic significantly impacted the rare earth metals market due to disruptions in global supply chains and reduced industrial activity worldwide. These metals, crucial for high-tech industries like electronics and renewable energy, faced supply shortages and price fluctuations. Travel restrictions hindered mining operations and transportation, limiting production and delivery. Moreover, fluctuating demand for consumer electronics and electric vehicles further influenced market dynamics. As economies recover, the rare earth metals market is expected to stabilize, driven by renewed industrial activity and investments in green technologies.
The yttrium segment is expected to be the largest during the forecast period
Yttrium, a rare earth metal, has seen notable growth due to its diverse industrial applications. It is essential in phosphors used for LED screens and energy-efficient lighting, contributing to the global push for sustainability. Yttrium's demand has also risen in the production of superconductors and various alloys, enhancing its significance in advanced technologies like MRI scanners and aerospace components. This growth is further fueled by its unique properties that make it indispensable in high-tech and green energy sectors, highlighting its crucial role in shaping modern industrial developments and innovations.
The metallurgy segment is expected to have the highest CAGR during the forecast period
The metallurgy segment in the rare earth metal market has seen significant growth due to its crucial role in various high-tech applications. Rare earth metals like neodymium, dysprosium, and terbium are indispensable in the production of powerful magnets used in electric vehicles (EVs), wind turbines, and electronics. As global demand for clean energy solutions and advanced technologies continues to rise, so does the need for these specialized metals. Metallurgical processes tailored for extracting and refining rare earth metals have thus become pivotal in meeting this demand.
In recent years, North America has shown significant growth in the rare earth metal market, driven by several factors. One key factor is the region's strategic focus on reducing dependency on Chinese supply, which has historically dominated global production. Investments in new mining projects and technological innovations in extraction and processing have bolstered domestic production capacity. Additionally, heightened awareness of the critical role rare earth metals play in high-tech industries like electronics, renewable energy, and defense has spurred demand.
The Asia-Pacific region has experienced significant growth in the rare earth metals market due to several factors. Countries like China dominate production, accounting for a major share of global output. Demand has surged, driven by technological advancements in electronics, renewable energy technologies and defense applications. Moreover, geopolitical shifts have underscored the strategic importance of rare earths, prompting nations in the region to bolster production and processing capabilities. This growth trajectory is further supported by ongoing research into recycling and alternative sources to mitigate supply chain risks and environmental concerns associated with traditional extraction methods.
Key players in the market
Some of the key players in Rare Earth Metal market include Alkane Resources Ltd., Aluminum Corporation of China Ltd, Arafura Resources Ltd., Avalon Advanced Materials Inc., Canada Rare Earth Corporation, China Minmetals, China Nonferrous Metal Industry's Foreign Engineering and Construction Co. Ltd, Great Western Minerals Group Ltd., Iluka Resources Limited, Indian Rare Earth, Lynas Corporation Ltd., Minmetals Land Limited, Molycorp Inc., NORTHERN MINERALS, Peak Resources, Rare Element Resources Ltd, Rio Tinto, Shin-Etsu Chemical Co. Ltd, Ucore Rare Metals Inc. and Xiamen Tungsten Co. Ltd.
In June 2024, Serbia is poised to grant Rio Tinto RIO approval to develop Europe's largest lithium mine. The Jadar project, which was suspended in 2022, could start production by 2028, providing Europe with metal much needed for its electric vehicle (EV) industry.
In November 2023, Rare Element Resources has announced the completion of the US Department of Energy (DoE) Office of Energy Efficiency and Renewable Energy's National Environmental Policy Act (NEPA) review, for the construction of a rare earth processing and separation demonstration plant in Wyoming.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.