Global Rare Earth Metals Leaching Chemicals Market Share, Size, Trends, Industry Analysis Report, By Type, By Material, By End-User, By Region, Segment Forecast, 2024 - 2031
- Published Date : 2024-12-04
- Pages : 100
- Report Id : 40561
- Categories : Chemicals
This report provides a comprehensive analysis of the Global Rare Earth Metals Leaching Chemicals Market, including historical market sizes from 2019 to 2022 and forecasts for 2024 to 2031. The market is estimated to be valued at USD 5,960 Million in 2023 and is projected to grow to approximately USD 13,520 Million by 2031, reflecting a compound annual growth rate (CAGR) of 12.4% during the forecast period. This growth underscores the increasing demand for advanced data management solutions and highlights the importance of technological innovations in the sector.
The Global Rare Earth Metals Leaching Chemicals Market is experiencing significant growth driven by the increasing demand for rare earth metals used in high-tech applications such as electronics, renewable energy systems, electric vehicles, and defense technologies. Leaching chemicals are crucial in the extraction of rare earth metals from ores, a process that involves using specific chemicals to dissolve the metal compounds, enabling their separation and purification. The market is influenced by the rising demand for rare earth elements, particularly from industries focused on clean energy and technological advancements. As the global shift toward electric vehicles, wind turbines, and smartphones continues, the need for rare earth metals such as neodymium, dysprosium, and lithium grows, further driving the demand for efficient and environmentally friendly leaching processes. Innovations in hydrometallurgical and bioleaching technologies are helping reduce environmental impacts and improve the extraction efficiency of these critical metals. Additionally, the geopolitical dynamics surrounding rare earth metal supply chains, along with increasing regulatory pressure for more sustainable extraction practices, are shaping the market. The development of alternative sources and recycling methods for rare earth metals also plays a significant role in the market's evolution. As the world increasingly focuses on securing rare earth metal supplies for future technological demands, the rare earth metals leaching chemicals market is expected to grow steadily over the coming years.
For the geography segment, regional supply, demand, major players, and price are presented from 2019 to 2031. This report covers the following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
Segments-
By Type:
Acid Leaching Chemicals
Base Leaching Chemicals
Others
The By Type segment of the Global Rare Earth Metals Leaching Chemicals Market is divided into Acid Leaching Chemicals and Base Leaching Chemicals. Acid Leaching Chemicals are the most commonly used in the extraction of rare earth metals, especially sulfuric acid, hydrochloric acid, and nitric acid, which dissolve rare earth minerals from ores. These acids break down the mineral structure and release the rare earth elements into a solution, where they can be further processed and purified. Base Leaching Chemicals, such as sodium hydroxide, are used in certain rare earth extraction processes, particularly for ores that are more resistant to acid leaching. Base leaching is generally used in the extraction of metals like yttrium and cerium from specific types of ores. While acid leaching dominates the market due to its effectiveness and lower cost, base leaching methods are gaining traction for their environmental benefits and their ability to handle specific types of ores. Both types of chemicals are critical for improving the efficiency and scalability of rare earth metal extraction.
By Material-
Neodymium
Dysprosium
Lanthanum
Cerium
Yttrium
Others
The By Material segment refers to the specific rare earth metals that are extracted using leaching chemicals. This segment includes metals like Neodymium, Dysprosium, Lanthanum, Cerium, and Yttrium. Neodymium is one of the most important rare earth metals due to its use in high-strength magnets for electric motors, wind turbines, and hard drives. Dysprosium, typically extracted with neodymium, is crucial for high-performance magnets used in high-temperature applications. Lanthanum and Cerium are widely used in catalysts for petroleum refining and in the production of rechargeable batteries. Yttrium is used in phosphors for display screens, lighting, and in medical imaging. Each of these materials requires specific leaching chemicals and processes for efficient extraction. As demand for green technologies increases, the need for these rare earth metals, particularly neodymium and dysprosium, continues to rise, driving the need for efficient and sustainable leaching methods tailored to each material.
By End-User-
Electronics
Renewable Energy
Automotive
Defense
Healthcare
Others
The By End-User segment of the Global Rare Earth Metals Leaching Chemicals Market includes industries such as Electronics, Renewable Energy, Automotive, Defense, and Healthcare. Electronics is the largest end-user sector, where rare earth metals are used in the production of components for smartphones, computers, and other high-tech devices. Renewable Energy is another significant sector, particularly in the manufacturing of magnets for wind turbines and electric motors for electric vehicles, which require substantial amounts of rare earth metals like neodymium and dysprosium. The Automotive industry is increasingly relying on rare earth metals for the production of electric vehicle motors and batteries. Defense applications, including radar systems, advanced weapons, and communication devices, also drive demand for rare earth metals. Lastly, Healthcare uses rare earth elements in imaging devices like MRI machines and in other diagnostic technologies. As each of these industries continues to grow, particularly in the context of sustainability and clean energy, the demand for rare earth metals and the chemicals used to extract them is expected to rise.
Key Players
Lynas Corporation Ltd.
China Northern Rare Earth Group High-Tech Co., Ltd.
MP Materials Corp.
Rhodia (Solvay Group)
Toyota Tsusho Corporation
Albemarle Corporation
The Chemours Company
BASF SE
Arafura Resources Ltd.
Iluka Resources
Molycorp Inc.
Neo Performance Materials Inc.
Hunan Nonferrous Rare Earth Group Co.
Kangqiang Group
Jiangxi Copper Corporation
For the competitor segment, the report includes global key players and some small players. The information for each competitor includes:
Company Profile
Main Business Information
Financial Analysis
Market Share
Please ask for sample pages for the full company list
Base Year: 2023
Historical Data: from 2019 to 2022
Forecast Data: from 2024 to 2031
Any special requirements about this report, please let us know and we can provide a custom report.
TABLE OF CONTENTS
Market Taxonomy
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis and Recommendations
1.3. RA Analysis and Recommendations
2. Market Introduction
2.1. Market Definition
3. Market Background
3.1. Market Overview
3.1.1. Global Global Rare Earth Metals Leaching Chemicals Market Outlook
3.1.2. Global Global Rare Earth Metals Leaching Chemicals Market Overview
3.2. Macro-Economic Overview
3.2.1. GDP Growth
3.2.2. Retail Industry Growth
3.3. Pricing Analysis
3.4. Challenges related to the adoption of Global Global Rare Earth Metals Leaching Chemicals Market
3.5. Regulations of Global Global Rare Earth Metals Leaching Chemicals Market
3.6. Forecast Factors: Relevance and Impact
3.7. Market Dynamics
3.7.1. Drivers
3.7.2. Restraints
3.7.3. Opportunity
3.7.4. Trends
3.7.5. SWOT Analysis
4. Market Forecast
4.1. Market Value Projections
4.2. Market Size Projections
4.3. Y-o-Y Projections
4.4. Absolute Opportunity Analysis
5. Global Global Rare Earth Metals Leaching Chemicals Market Analysis By Type
5.1. Introduction
5.1.1. Market Value Share Analysis By Type
5.1.2. Y-o-Y Growth Analysis By Type
5.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Type
5.3. Market Attractiveness Analysis By Type
6. Global Global Rare Earth Metals Leaching Chemicals Market Analysis By Material
6.1. Introduction
6.1.1. Market Value Share Analysis By Material
6.1.2. Y-o-Y Growth Analysis By Material
6.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Material
6.3. Market Attractiveness Analysis By Material
7. Market Structure Analysis
7.1. Market Analysis by Tier of Companies
7.2. Market Concentration
8. Competition Analysis
8.1. Competition Dashboard
8.2. Company Profiles (15 Companies)
8.2.1 Lynas Corporation Ltd.
8.2.1.1. Overview
8.2.1.2. Technology Portfolio
8.2.1.3. Financial Overview
8.2.2. China Northern Rare Earth Group High-Tech Co., Ltd.
8.2.2.1. Overview
8.2.2.2. Technology Portfolio
8.2.2.3. Financial Overview
8.2.3. MP Materials Corp.
8.2.3.1. Overview
8.2.3.2. Technology Portfolio
8.2.3.3. Financial Overview
8.2.4. Rhodia (Solvay Group)
8.2.4.1. Overview
8.2.4.2. Technology Portfolio
8.2.4.3. Financial Overview
8.2.5. Toyota Tsusho Corporation
8.2.5.1. Overview
8.2.5.2. Technology Portfolio
8.2.5.3. Financial Overview
8.2.6. Albemarle Corporation
8.2.6.1. Overview
8.2.6.2. Technology Portfolio
8.2.6.3. Financial Overview
8.2.7. The Chemours Company
8.2.7.1. Overview
8.2.7.2. Technology Portfolio
8.2.7.3. Financial Overview
8.2.8. BASF SE
8.2.8.1. Overview
8.2.8.2. Technology Portfolio
8.2.8.3. Financial Overview
8.2.9. Arafura Resources Ltd.
8.2.9.1. Overview
8.2.8.2. Technology Portfolio
8.2.9.3. Financial Overview
8.2.10. Iluka Resources
8.2.10.1. Overview
8.2.10.2. Technology Portfolio
8.2.10.3. Financial Overview
8.2.11. Molycorp Inc.
8.2.11.1. Overview
8.2.11.2. Technology Portfolio
8.2.11.3. Financial Overview
8.2.12. Neo Performance Materials Inc.
8.2.12.1. Overview
8.2.12.2. Technology Portfolio
8.2.12.3. Financial Overview
8.2.13. Hunan Nonferrous Rare Earth Group Co.
8.2.13.1. Overview
8.2.13.2. Technology Portfolio
8.2.13.3. Financial Overview
8.2.14. Kangqiang Group
8.2.14.1. Overview
8.2.14.2. Technology Portfolio
8.2.14.3. Financial Overview
8.2.15. Jiangxi Copper Corporation
8.2.15.1. Overview
8.2.15.2. Technology Portfolio
8.2.15.3. Financial Overview
9. Global Global Rare Earth Metals Leaching Chemicals Market Analysis By Region
9.1. Introduction
9.1.1. Market Value Share Analysis By Region
9.1.2. Y-o-Y Growth Analysis By Region
9.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Region
9.2.1. North America
9.2.2. Middle East and Africa
9.2.3. South America
9.2.4. Asia-Pacific
9.2.5. Others
9.3. Current Market Size (USD Mn) Forecast 2023-2030 By Region
9.3.1. North America
9.3.2. Middle East and Africa
9.3.3. South America
9.3.4. Asia-Pacific
9.3.5. Others
9.4. Market Attractiveness Analysis By Region
10. North America Global Global Rare Earth Metals Leaching Chemicals Market Analysis
10.1. Introduction
10.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.2.4. Rest of North America
10.3. Current Market Size (USD Mn) Forecast 2023-2030 By Country
10.3.1. U.S.
10.3.2. Canada
10.3.3. Mexico
10.3.4. Rest of North America
10.4. Historical Market Size (USD Mn) Analysis 2018-2022 By Type
10.5. Current Market Size (USD Mn) Forecast 2023-2030 By Type
10.6. Historical Market Size (USD Mn) Analysis 2018-2022 By Material
10.7. Current Market Size (USD Mn) Forecast 2023-2030 By Material
11. South America Global Global Rare Earth Metals Leaching Chemicals Market Analysis
11.1. Introduction
11.2. Regional Pricing Analysis
11.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
11.3.1. Brazil
11.3.2. Argentina
11.3.3. Rest of South America
11.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
11.4.1. Brazil
11.4.2. Argentina
11.4.3. Rest of South America
11.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Type
11.6. Current Market Size (USD Mn) Forecast 2023-2030 By Type
11.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Material
11.8. Current Market Size (USD Mn) Forecast 2023-2030 By Material
12. Europe Global Global Rare Earth Metals Leaching Chemicals Market Analysis
12.1. Introduction
12.2. Regional Pricing Analysis
12.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
12.3.1. Germany
12.3.2. Italy
12.3.3. France
12.3.4. Spain
12.3.5. U.K.
12.3.6. Rest of Europe
12.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
12.4.1. Germany
12.4.2. Italy
12.4.3. France
12.4.4. Spain
12.4.5. U.K.
12.4.6. Rest of Europe
12.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Type
12.6. Current Market Size (USD Mn) Forecast 2023-2030 By Type
12.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Material
12.8. Current Market Size (USD Mn) Forecast 2023-2030 By Material
13. Middle East and Africa Global Global Rare Earth Metals Leaching Chemicals Market Analysis
13.1. Introduction
13.2. Regional Pricing Analysis
13.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
13.3.1. Saudi Arabia
13.3.2. U.A.E.
13.3.3. South Africa
13.3.4. Turkey
13.3.5. Rest of Middle East and Africa
13.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
13.4.1. Saudi Arabia
13.4.2. U.A.E.
13.4.3. South Africa
13.4.4. Turkey
13.4.5. Rest of Middle East and Africa
14. Asia-Pacific Global Global Rare Earth Metals Leaching Chemicals Market Analysis
14.1. Introduction
14.2. Regional Pricing Analysis
14.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
14.3.1. China
14.3.2. India
14.3.3. Japan
14.3.4. South Korea
14.3.5. Singapore
14.3.6. Australia and New Zealand
14.3.7. Rest of Asia-Pacific
14.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
14.4.1. China
14.4.2. India
14.4.3. Japan
14.4.4. South Korea
14.4.5. Singapore
14.4.6. Australia and New Zealand
14.4.7. Rest of Asia-Pacific
i. Research Methodology
ii. Assumptions & Acronyms
Direct Purchase
Your perfect start with Stats And ResearchWant to customize this report?
This report can be customized according to your requirements. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.
You may also be lnterested in..
Stats And Research ™ Copyright © 2025 .