The Rare Earth Recycling Market size was USD 410.16 Million in 2023 and is expected to reach USD 871.16 Million by 2032 and grow at a CAGR of 8.7% over the forecast period of 2024-2032.
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The growing need for rare earth metals comes from their fundamental importance in high-tech projects that are the key to modern industries and green technologies. REEs are crucial in the production of EVs, inside the magnets used in electric motors, batteries, and other components. Likewise, rare earths play an integral role in many facets of renewable energy, most notably in wind turbines due to their use in permanent magnet high-efficiency generators. The electronics industry also uses rare earth gadgets such as smartphones, laptops, and high-performance communications. And while the global need for these technologies expands, so too does the requirement for rare earths. Yet the mining-related problems such as environmental destruction or geopolitical dependencies have also now shifted attention toward rare earth metal recycling as a truly sustainable and stable alternative supply chain. Not only does this increase the supply of metals needed to meet the rising demand, but it also reduces the need for primary mining, making recycling a vital tool to support the transition to cleaner and more sustainable technologies.
According to the U.S. Department of Energy (DOE), the demand for rare earths in electric vehicles is growing rapidly. The U.S. DOE estimates that by 2030, electric vehicles will require approximately 1.5 million tons of lithium, cobalt, and nickel annually, all of which depend on rare earth elements like neodymium and dysprosium for the production of permanent magnets.
The continuously increasing demand for rare earth elements (REEs), the secondary resource has become a sustainable way out for governments and enterprises to ensure the supply of REEs. Secondary resource utilization, on the other hand, is the utilization of rare earths from industrial and electronic, rather than exclusively procuring them from primary mines, which are resource-intensive and ecologically destructive. This method is becoming increasingly popular because of the burgeoning global electronic waste (e-waste) which is made up of precious rare earth metals. Consumer electronics such as old smartphones, laptops and other devices could be a source of neodymium, dysprosium, and terbium, which are critical elements necessary to manufacture high-tech products like permanent magnets. According to the U.S. Environmental Protection Agency (EPA), the world generates an estimated 53 million metric tons of e-waste each year, a number that is only expected to grow, making it an excellent source for rare earth recycling. And governments are aware of this potential, trying to implement regulations in the area of recycling, like the recent adoption of the European Union Directive on Waste Electrical and
Electronic Equipment (WEEE), which requires the collection and recycling of e-waste. Moreover, the new recycling technologies make the separation of rare earths from such disposal streams more effective in economic and environmental aspects. Countries can also reduce their reliance on primary mining, lower the environmental burden, and create a more secure supply of these critical materials by using these secondary sources.
Drivers
Demand for clean energy is growing which drives market growth.
The market for rare earth metals and the recycling market is the increasing demand in the area of clean energy. With the world shifting to more sustainable energy systems to fight climate change, there is an even bigger dependency on renewable energy made from wind and solar. These technologies, especially in the case of wind generation and electric vehicle operations, are at the heart of clean energy strategies, with rare earth elements (REEs) needed for their production. In wind turbines, for example, higher efficiency requires permanent magnets made from rare earths such as neodymium and dysprosium and the same applies to EV motors using those elements for their performance. In line with these IRENA figures, world renewable energy capacity is set for substantial growth, with wind and solar combined making up greater than half of the global mix by 2050. The rapid increase in installations in renewable energy sectors is feeding the demand for rare earths and has begun creating an urgent demand for sustainable sourcing solutions, of which recycling can play a role in meeting these ever-growing requirements. In addition, this clear push towards clean energy responds to the rapid requirement for minimizing carbon footprints and improving energy efficiency, which in turn drives the rare earth metals market and positively bolsters their demand spectrum.
Restraint
Cost variations for rare earth metals may hamper the market growth.
Many cost fluctuations of rare earth metals around the globe have a detrimental impact on the growth of the market as the wide volatility in prices of rare earth metals is primarily due to supply-demand imbalance and geopolitical factors. China's dominance in terms of worldwide rare earth production has been known for quite some time and will continue to be a huge portion of the overall picture, with the U.S. Geological Survey (USGS) estimating over 70% of all the rare earth metals produced worldwide come from just a few countries. A small number of suppliers dominate the market this way, exposing it to price rises from export controls, trade disputes, or an in-and-out production capacity. Example: previous years of rare earth proclamations have found spikes in rare earth costs, impacting industries reliant on such components to manufacture. Moreover, the intricate and expensive methods of mining, refining, and recycling of rare earths make their prices highly volatile. These cost discrepancies create supply chain disruptions, disincentivize investment in rare-earth-based technologies, and drive up the cost associated with the transition to renewable electricity and high technology.
By Application
Permanent magnets held the largest market share around 28% in 2023These strong permanent magnets, consisting of rare earth elements (lanthanide metals), mainly neodymium, praseodymium, and dysprosium, are essential to providing small lightweight, durable magnets for advanced technologies. Powerful demand comes from the automotive industry where permanent magnets are irreplaceable component of electric vehicle (EV) motors, with their inherent characteristic of high energy efficiency and small size that is a must for automotive applications to enhance vehicle performance and range. The renewable energy sector also relies heavily on them for wind turbine generators, where they are vital for enhancing energy conversion efficiency. These magnets are used not only beyond energy and automotive, but also in electronics, robotics and medical devices, which rely on their high strength and unmatched reliability. In some emerging sectors, their proliferation ensures their firm hold of an ever-larger portion of the rare earth market.
By Source
Magnets held the largest market share around 32% in 2023. This is due to the wide deployment of rare-earth permanent magnets, especially Neodymium-Iron-Boron (NdFeB) in the high-tech and green energy industries. They are also critical parts of EV motors, wind turbine generators, and many electronic devices providing improved strength and durability with efficiency as compared to ceramic magnets. Unsurprisingly, this is being primarily driven by the rise of EV adoption, with global sales of EVs exceeding 10 million units in 2022 according to the International Energy Agency (IEA). The growing need for high-efficiency magnets in wind turbines also spurs demand in the renewable energy sector. In addition to these, there are robotics, medical devices, and aerospace applications that are very rapidly developing. This high-value and widely critical application in many industries ranks magnets as the largest segment in the rare earth market by share.
By Technology
Pyrometallurgical held the largest market share around 68% in 2023. It is owing to their efficiency and cost-effectiveness, extracting rare earth elements (REEs) from secondary sources. The process is essentially a high-temperature method of smelting, roasting, or calcination, and is particularly effective for treating complex waste streams such as industrial slags, magnets, and electronic materials to recover rare earth metals. This is the most common recycling method due to high recovery rates of critical elements such as neodymium, praseodymium and dysprosium, as well as high waste handling capacity of pyrometallurgical processes. Added to that, with the existing infrastructure and scalability of the technology to take it quickly to bigger operations, it is a more economical option than other processes such as hydrometallurgy. Increased demand for the recycling of rare earth elements used in old electric vehicle (EV) motors and wind turbines, along with their industrial by-products, is based on the reports from mineral recycling you might find in industry publications, pushing the pyrometallurgical processes in its place. They are the best method to recycle rare earths due to their ability to process a large variety of materials and access to energy efficient designs.
Asia Pacific held the largest market share around 42% in 2023. The Asia Pacific region is the largest market for rare earth market, as market dominates in the production, processing and consumption of rare earth elements (REEs) China holds more than 70% of global rare earth production, the US Geological Survey (USGS) notes, as do so-called rare-earth-producing regions of the world with China at their helm. China is already the leading world power in the rare earth industry due to its extensive supply chain infrastructure covering mining, refining and manufacturing capabilities. Moreover, rising penetration of advanced technologies in Japan, South Korea, and India, particularly electric vehicles (EVs), renewable energy systems, and consumer electronics, has helped to create robust regional demand for rare earths. Dirty Permanent Magnets For instance, the big market for electric vehicles (EVs) in China, which sold greater than 6 million devices in 2022 based on China Association of Automobile Manufacturers (CAAM), is closely efficacious reliance on permanent magnets based on uncommon earth elements. Moreover, its relentless focus on enhancing wind power capacity coupled with aggressive government policies promoting local plants ensures continued demand. Strategic investments in rare earth recycling and innovation solidify the region's leadership position and guarantee a long-term secure and sustainable supply of these essential materials for high-growth industries.
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Key Players
Energy Fuels, Inc. (Rare Earth Carbonate, Thorium)
Solvay SA (Cerium Oxide, Lanthanum Compounds)
Global Tungsten & Powders Corp. (Tungsten Powders, Tungsten Carbides)
REEcycle Inc. (Recycled Neodymium, Recycled Dysprosium)
Umicore (Rare Earth Catalysts, Cobalt-Free Battery Materials)
Osram Licht AG (Phosphors, Fluorescent Lamp Materials)
Hitachi Metals, Ltd. (NdFeB Magnets, Ferrite Magnets)
Lynas Rare Earths Ltd. (Rare Earth Oxides, Rare Earth Metals)
MP Materials (Praseodymium-Nd Oxide, Cerium Concentrates)
Arafura Resources (NdPr Oxide, Phosphoric Acid)
Avalon Advanced Materials (Rare Earth Concentrates, Lithium-Tantalum Products)
Iluka Resources (Monazite, Zircon-Rich Concentrates)
Neo Performance Materials (Magnet Powders, Cerium Polishing Powders)
Rainbow Rare Earths (Mixed Rare Earth Carbonate, NdPr Oxide)
China Northern Rare Earth Group (Rare-Earth Alloys, Rare-Earth Magnets)
Shenghe Resources Holding Co., Ltd. (Lanthanum Compounds, Yttrium Oxides)
Molycorp (Lanthanum Oxide, Cerium Oxide)
Iljin Materials (Rare Earth Alloys, Magnet Materials)
Jiangxi Ganfeng Lithium Co. (Rare Earth Compounds, Battery-Grade Materials)
Zhongke Sanhuan High-Tech (Magnetic Materials, Rare Earth Permanent Magnets)
Recent Development:
In 2023, Energy Fuels began producing rare earth carbonate from monazite sand at its White Mesa Mill in Utah, positioning itself as a significant U.S. supplier of rare earth materials.
In 2023, Global Tungsten & Powders Corp. announced advancements in recycling technologies for tungsten and rare earth powders to enhance sustainability in the supply chain.
In 2023, REEcycle launched a new recycling facility for extracting neodymium and dysprosium from electronic waste to support the circular economy in rare earth materials.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 410.16 Million |
| Market Size by 2032 | USD 871.16 Million |
| CAGR | CAGR of 8.7% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Application (Alloy, Catalyst, Permanent magnets, Glass, Ceramics, Phosphor, Polishing materials, Hydrogen storage alloys) • By Source (FCC, Fluorescent lamps, Magnets, Batteries, Industrial process) • By Technology (Hydrometallurgical, Pyrometallurgical) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)a) |
| Company Profiles | Energy Fuels, Inc. (US), Solvay SA (Belgium), Global Tungsten & Powders Corp. (US), REEcycle Inc.(US), Umicore (Belgium), Osram Licht AG (Germany) and Hitachi Metals, Ltd. (Japan) |
| Key Drivers | • Demand for clean energy is growing which drives market growth. |
| Restraints | • Cost variations for rare earth metals may hamper the market growth. |
Ans: Rare Earth Recycling Market size was USD 410.16 Million in 2023 and is expected to reach USD 871.16 Million by 2032 and grow at a CAGR of 8.7% over the forecast period of 2024-2032.
Ans: Safety of Workers in the Recycling of Rare Earth Metals are the challenges faced by the Rare Earth Recycling Market.
Ans: Energy Fuels, Inc. (US), Solvay SA (Belgium), Global Tungsten & Powders Corp.(US), REEcycle Inc.(US), Umicore (Belgium), Osram Licht AG (Germany) and Hitachi Metals, Ltd. (Japan) are the major key players of Rare Earth Recycling Market.
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Key stakeholders considered in the study:
Raw material vendors
distributors/traders/wholesalers/suppliers
regulatory authorities, including government agencies and NGO
commercial research & development (r&d) institutions
importers and exporters
government organizations, research organizations, and consulting firms
trade/industrial associations
end-use industries are the stake holder of this report.
Table of Contents:
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 By Production Capacity and Utilization, by Country, By Type, 2023
5.2 Feedstock Prices, by Country, By Type, 2023
5.3 Regulatory Impact, by l Country, By Type, 2023.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives, by Region
5.5 Innovation and R&D, Type, 2023
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new Product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Rare Earth Recycling Market Segmentation, by Application
7.1 Chapter Overview
7.2 Alloy
7.2.1 Alloy Market Trends Analysis (2020-2032)
7.2.2 Alloy Market Size Estimates and Forecasts to 2032 (USD Million)
7.3 Catalyst
7.3.1 Catalyst Market Trends Analysis (2020-2032)
7.3.2 Catalyst Market Size Estimates and Forecasts to 2032 (USD Million)
7.4 Permanent magnets
7.4.1 Permanent Magnets Market Trends Analysis (2020-2032)
7.4.2 Permanent Magnets Market Size Estimates and Forecasts to 2032 (USD Million)
7.5 Glass
7.5.1 Glass Market Trends Analysis (2020-2032)
7.5.2 Glass Market Size Estimates and Forecasts to 2032 (USD Million)
7.6 Ceramics
7.6.1 Ceramics Market Trends Analysis (2020-2032)
7.6.2 Ceramics Market Size Estimates and Forecasts to 2032 (USD Million)
7.7 Phosphor
7.7.1 Phosphor Market Trends Analysis (2020-2032)
7.7.2 Phosphor Market Size Estimates and Forecasts to 2032 (USD Million)
7.8 Polishing materials
7.8.1 Polishing Materials Market Trends Analysis (2020-2032)
7.8.2 Polishing Materials Market Size Estimates and Forecasts to 2032 (USD Million)
7.9 Hydrogen Storage Alloys
7.9.1 Hydrogen Storage Alloys Market Trends Analysis (2020-2032)
7.9.2 Hydrogen Storage Alloys Market Size Estimates and Forecasts to 2032 (USD Million)
8. Rare Earth Recycling Market Segmentation, by Source
8.1 Chapter Overview
8.2 FCC
8.2.1 FCC Market Trends Analysis (2020-2032)
8.2.2 FCC Market Size Estimates and Forecasts to 2032 (USD Million)
8.3 Fluorescent lamps
8.3.1 Fluorescent lamps Market Trends Analysis (2020-2032)
8.3.2 Fluorescent lamps Market Size Estimates and Forecasts to 2032 (USD Million)
8.4 Magnets
8.4.1 Magnets Manufacturing Market Trends Analysis (2020-2032)
8.4.2 Magnets Manufacturing Market Size Estimates and Forecasts to 2032 (USD Million)
8.5 Batteries
8.5.1 Batteries Market Trends Analysis (2020-2032)
8.5.2 Batteries Market Size Estimates and Forecasts to 2032 (USD Million)
8.6 Industrial process
8.6.1 Industrial Process Market Trends Analysis (2020-2032)
8.6.2 Industrial Process Market Size Estimates and Forecasts to 2032 (USD Million
9. Rare Earth Recycling Market Segmentation, by Technology
9.1 Chapter Overview
9.2 Automotive
9.2.1 Automotive Market Trends Analysis (2020-2032)
9.2.2 Automotive Market Size Estimates and Forecasts to 2032 (USD Million)
9.3 Aerospace & Defense
9.3.1 Aerospace & Defense Market Trends Analysis (2020-2032)
9.3.2 Aerospace & Defense Market Size Estimates and Forecasts to 2032 (USD Million)
9.4 Healthcare
9.4.1 Healthcare Market Trends Analysis (2020-2032)
9.4.2 Healthcare Market Size Estimates and Forecasts to 2032 (USD Million)
9.5 Other
9.5.1 Other Market Trends Analysis (2020-2032)
9.5.2 Other Market Size Estimates and Forecasts to 2032 (USD Million)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Rare Earth Recycling Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.2.3 North America Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.2.4 North America Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.2.5 North America Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.2.6 USA
10.2.6.1 USA Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.2.6.2 USA Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.2.6.3 USA Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.2.7 Canada
10.2.7.1 Canada Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.2.7.2 Canada Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.2.7.3 Canada Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.2.8 Mexico
10.2.8.1 Mexico Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.2.8.2 Mexico Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.2.8.3 Mexico Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Rare Earth Recycling Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.3.1.3 Eastern Europe Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.4 Eastern Europe Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.1.5 Eastern Europe Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.3.1.6 Poland
10.3.1.6.1 Poland Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.6.2 Poland Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.1.6.3 Poland Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.3.1.7 Romania
10.3.1.7.1 Romania Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.7.2 Romania Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.1.7.3 Romania Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.8.2 Hungary Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.1.8.3 Hungary Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.9.2 Turkey Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.1.9.3 Turkey Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.10.2 Rest of Eastern Europe Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.1.10.3 Rest of Eastern Europe Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Rare Earth Recycling Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.3.2.3 Western Europe Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.4 Western Europe Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.5 Western Europe Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.3.2.6 Germany
10.3.2.6.1 Germany Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.6.2 Germany Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.6.3 Germany Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.3.2.7 France
10.3.2.7.1 France Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.7.2 France Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.7.3 France Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.3.2.8 UK
10.3.2.8.1 UK Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.8.2 UK Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.8.3 UK Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.3.2.9 Italy
10.3.2.9.1 Italy Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.9.2 Italy Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.9.3 Italy Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.3.2.10 Spain
10.3.2.10.1 Spain Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.10.2 Spain Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.10.3 Spain Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.11.2 Netherlands Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.11.3 Netherlands Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.12.2 Switzerland Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.12.3 Switzerland Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.3.2.13 Austria
10.3.2.13.1 Austria Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.13.2 Austria Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.13.3 Austria Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.14.2 Rest of Western Europe Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.3.2.14.3 Rest of Western Europe Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Rare Earth Recycling Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.4.3 Asia Pacific Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.4 Asia Pacific Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.5 Asia Pacific Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.4.6 China
10.4.6.1 China Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.6.2 China Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.6.3 China Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.4.7 India
10.4.7.1 India Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.7.2 India Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.7.3 India Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.4.8 Japan
10.4.8.1 Japan Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.8.2 Japan Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.8.3 Japan Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.4.9 South Korea
10.4.9.1 South Korea Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.9.2 South Korea Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.9.3 South Korea Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.4.10 Vietnam
10.4.10.1 Vietnam Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.10.2 Vietnam Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.10.3 Vietnam Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.4.11 Singapore
10.4.11.1 Singapore Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.11.2 Singapore Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.11.3 Singapore Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.4.12 Australia
10.4.12.1 Australia Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.12.2 Australia Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.12.3 Australia Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.13.2 Rest of Asia Pacific Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.4.13.3 Rest of Asia Pacific Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Rare Earth Recycling Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.5.1.3 Middle East Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.4 Middle East Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.1.5 Middle East Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.5.1.6 UAE
10.5.1.6.1 UAE Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.6.2 UAE Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.1.6.3 UAE Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.7.2 Egypt Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.1.7.3 Egypt Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.8.2 Saudi Arabia Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.1.8.3 Saudi Arabia Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.9.2 Qatar Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.1.9.3 Qatar Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.10.2 Rest of Middle East Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.1.10.3 Rest of Middle East Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Rare Earth Recycling Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.5.2.3 Africa Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.2.4 Africa Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.2.5 Africa Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.2.6.2 South Africa Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.2.6.3 South Africa Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.2.7.2 Nigeria Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.2.7.3 Nigeria Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.2.8.2 Rest of Africa Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.5.2.8.3 Rest of Africa Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Rare Earth Recycling Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.6.3 Latin America Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.6.4 Latin America Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.6.5 Latin America Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.6.6 Brazil
10.6.6.1 Brazil Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.6.6.2 Brazil Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.6.6.3 Brazil Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.6.7 Argentina
10.6.7.1 Argentina Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.6.7.2 Argentina Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.6.7.3 Argentina Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.6.8 Colombia
10.6.8.1 Colombia Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.6.8.2 Colombia Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.6.8.3 Colombia Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Rare Earth Recycling Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.6.9.2 Rest of Latin America Rare Earth Recycling Market Estimates and Forecasts, by Source (2020-2032) (USD Million)
10.6.9.3 Rest of Latin America Rare Earth Recycling Market Estimates and Forecasts, by Technology (2020-2032) (USD Million)
11. Company Profiles
11.1 Energy Fuels, Inc.
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Product/ Services Offered
11.1.4 SWOT Analysis
11.2 Solvay SA
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Product/ Services Offered
11.2.4 SWOT Analysis
11.3 Global Tungsten & Powders Corp.
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Product/ Services Offered
11.3.4 SWOT Analysis
11.4 REEcycle Inc.
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Product/ Services Offered
11.4.4 SWOT Analysis
11.5 Umicore
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Product/ Services Offered
11.5.4 SWOT Analysis
11.6 Osram Licht AG
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Product/ Services Offered
11.6.4 SWOT Analysis
11.7 Hitachi Metals, Ltd.
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Product/ Services Offered
11.7.4 SWOT Analysis
11.8 Arafura Resources
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Product/ Services Offered
11.8.4 SWOT Analysis
11.9 Neo Performance Materials
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Product/ Services Offered
11.9.4 SWOT Analysis
11.10 Jiangxi Ganfeng Lithium Co.
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Product/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Application
Alloy
Catalyst
Permanent magnets
Glass
Ceramics
Phosphor
Polishing Materials
Hydrogen storage alloys
By Source
FCC
Fluorescent lamps
Magnets
Batteries
Industrial process
By Technology
Hydrometallurgical
Pyrometallurgical
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
The Refinery Catalyst Market size was valued at USD 5.8 Billion in 2023. It is expected to reach to USD 8.5 Billion by 2032 and grow at a CAGR of 4.4% over the forecast period of 2024-2032.
The Dimethyl Carbonate Market Size was USD 1.09 Billion in 2023 and is expected to reach USD 3.25 Billion by 2032 and grow at a CAGR of 12.9% by 2024-2032.
The Thermic Fluids Market Size was valued at USD 11.6 Billion in 2023 and is expected to reach USD 16.3 Billion by 2032, growing at a CAGR of 3.9% over the forecast period of 2024-2032.
Cyanate Ester Resin Market was valued at $ 331.3 Million in 2023. It is expected to grow to $ 829.6 Million by 2032 and grow at a CAGR of 10.7% from 2024-2032.
The Glyphosate Market size was valued at USD 8.79 billion in 2023. It is estimated to hit USD 11.68 billion by 2032 and grow at a CAGR of 3.21% over the forecast period of 2024-2032.
The Polyurea Coatings Market Size was valued at USD 1.6 billion in 2023, and is expected to reach USD 4.7 billion by 2032, and grow at a CAGR of 12.5% over the forecast period 2024-2032.
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