Heavy Rare Earth Elements Market Size(US$)

CAGR 2024-2030
6.4%
Market Size,2030
USD 2,334
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
Market Segmentation
Chapter Outline
Chapter 1: Introduces Heavy Rare Earth Elements definition, global sales (volume and revenue), Japan market size, Japan percentage in global market. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Provides the analysis of various market segments by Type, covering the volume, price, revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by Application, covering the revenue, price, volume, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Detailed analysis of Heavy Rare Earth Elements companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Revenue and volume of Heavy Rare Earth Elements in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 6: Americas by Type, by Application and by country, sales, and revenue for each segment.
Chapter 7: EMEA by Type, by Application and by region, sales, and revenue for each segment.
Chapter 8: China by Type, and by Application, sales, and revenue for each segment.
Chapter 9: APAC (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 10: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Heavy Rare Earth Elements sales, revenue, gross margin, and recent development, etc.
Chapter 11: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 12: research findings and conclusion
Why This Report?
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Table of Contents
1 Study Coverage
1.1 Heavy Rare Earth Elements Product Introduction
1.2 Global Heavy Rare Earth Elements Outlook 2019 VS 2023 VS 2030
1.2.1 Global Heavy Rare Earth Elements Sales in US$ Million for the Year 2019-2030
1.2.2 Global Heavy Rare Earth Elements Sales in Volume for the Year 2019-2030
1.3 Japan Heavy Rare Earth Elements Outlook 2019 VS 2023 VS 2030
1.3.1 Japan Heavy Rare Earth Elements Sales in US$ Million for the Year 2019-2030
1.3.2 Japan Heavy Rare Earth Elements Sales in Volume for the Year 2019-2030
1.4 Heavy Rare Earth Elements Market Size, Japan VS Global, 2019 VS 2023 VS 2030
1.4.1 The Market Share of Japan Heavy Rare Earth Elements in Global, 2019 VS 2023 VS 2030
1.4.2 The Growth Rate of Heavy Rare Earth Elements Market Size, Japan VS Global, 2019 VS 2023 VS 2030
1.5 Heavy Rare Earth Elements Market Dynamics
1.5.1 Heavy Rare Earth Elements Industry Trends
1.5.2 Heavy Rare Earth Elements Market Drivers
1.5.3 Heavy Rare Earth Elements Market Challenges
1.5.4 Heavy Rare Earth Elements Market Restraints
1.6 Assumptions and Limitations
1.7 Study Objectives
1.8 Years Considered
2 Heavy Rare Earth Elements by Type
2.1 Heavy Rare Earth Elements Market by Type
2.1.1 Gadolinium
2.1.2 Yttrium
2.1.3 Terbium
2.1.4 Dysprosium
2.1.5 Holmium
2.1.6 Erbium
2.1.7 Thulium
2.1.8 Ytterbium
2.1.9 Lutetium
2.2 Global Heavy Rare Earth Elements Market Size by Type
2.2.1 Global Heavy Rare Earth Elements Sales in Value, by Type (2019, 2023 & 2030)
2.2.2 Global Heavy Rare Earth Elements Sales in Volume, by Type (2019, 2023 & 2030)
2.2.3 Global Heavy Rare Earth Elements Average Selling Price (ASP) by Type (2019, 2023 & 2030)
2.3 Japan Heavy Rare Earth Elements Market Size by Type
2.3.1 Japan Heavy Rare Earth Elements Sales in Value, by Type (2019, 2023 & 2030)
2.3.2 Japan Heavy Rare Earth Elements Sales in Volume, by Type (2019, 2023 & 2030)
2.3.3 Japan Heavy Rare Earth Elements Average Selling Price (ASP) by Type (2019, 2023 & 2030)
3 Heavy Rare Earth Elements by Application
3.1 Heavy Rare Earth Elements Market by Application
3.1.1 Magnets
3.1.2 Catalysts
3.1.3 Metallurgy
3.1.4 Polishing
3.1.5 Glass
3.1.6 Phosphors
3.1.7 Ceramics
3.1.8 Others
3.2 Global Heavy Rare Earth Elements Market Size by Application
3.2.1 Global Heavy Rare Earth Elements Sales in Value, by Application (2019, 2023 & 2030)
3.2.2 Global Heavy Rare Earth Elements Sales in Volume, by Application (2019, 2023 & 2030)
3.2.3 Global Heavy Rare Earth Elements Average Selling Price (ASP) by Application (2019, 2023 & 2030)
3.3 Japan Heavy Rare Earth Elements Market Size by Application
3.3.1 Japan Heavy Rare Earth Elements Sales in Value, by Application (2019, 2023 & 2030)
3.3.2 Japan Heavy Rare Earth Elements Sales in Volume, by Application (2019, 2023 & 2030)
3.3.3 Japan Heavy Rare Earth Elements Average Selling Price (ASP) by Application (2019, 2023 & 2030)
4 Global Heavy Rare Earth Elements Competitor Landscape by Company
4.1 Global Heavy Rare Earth Elements Market Size by Company
4.1.1 Global Key Manufacturers of Heavy Rare Earth Elements, Ranked by Revenue (2023)
4.1.2 Global Heavy Rare Earth Elements Revenue by Manufacturer (2019-2024)
4.1.3 Global Heavy Rare Earth Elements Sales by Manufacturer (2019-2024)
4.1.4 Global Heavy Rare Earth Elements Price by Manufacturer (2019-2024)
4.2 Global Heavy Rare Earth Elements Concentration Ratio (CR)
4.2.1 Heavy Rare Earth Elements Market Concentration Ratio (CR) (2019-2024)
4.2.2 Global Top 5 and Top 10 Largest Manufacturers of Heavy Rare Earth Elements in 2023
4.2.3 Global Heavy Rare Earth Elements Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Key Manufacturers of Heavy Rare Earth Elements, Manufacturing Base Distribution and Headquarters
4.4 Global Key Manufacturers of Heavy Rare Earth Elements, Product Offered and Application
4.5 Global Key Manufacturers of Heavy Rare Earth Elements, Date of Enter into This Industry
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4.7 Japan Heavy Rare Earth Elements Market Size by Company
4.7.1 Key Players of Heavy Rare Earth Elements in Japan, Ranked by Revenue (2023)
4.7.2 Japan Heavy Rare Earth Elements Revenue by Players (2019-2024)
4.7.3 Japan Heavy Rare Earth Elements Sales by Players (2019-2024)
5 Global Heavy Rare Earth Elements Market Size by Region
5.1 Global Heavy Rare Earth Elements Market Size by Region: 2019 VS 2023 VS 2030
5.2 Global Heavy Rare Earth Elements Market Size in Volume by Region (2019-2030)
5.2.1 Global Heavy Rare Earth Elements Sales in Volume by Region: 2019-2024
5.2.2 Global Heavy Rare Earth Elements Sales in Volume Forecast by Region (2025-2030)
5.3 Global Heavy Rare Earth Elements Market Size in Value by Region (2019-2030)
5.3.1 Global Heavy Rare Earth Elements Sales in Value by Region: 2019-2024
5.3.2 Global Heavy Rare Earth Elements Sales in Value by Region: 2025-2030
6 Americas
6.1 Americas Heavy Rare Earth Elements Market Size YoY Growth 2019-2030
6.2 Americas Heavy Rare Earth Elements Sales in Volume, by Type (2019, 2023 & 2030)
6.3 Americas Heavy Rare Earth Elements Sales in Volume, by Application (2019, 2023 & 2030)
6.4 Americas Heavy Rare Earth Elements Market Facts & Figures by Country (2019, 2023 & 2030)
6.4.1 Americas Heavy Rare Earth Elements Sales in Value by Country (2019, 2023 & 2030)
6.4.2 Americas Heavy Rare Earth Elements Sales in Volume by Country (2019, 2023 & 2030)
6.4.3 United States
6.4.4 Canada
6.4.5 Mexico
6.4.6 Brazil
7 EMEA
7.1 EMEA Heavy Rare Earth Elements Market Size YoY Growth 2019-2030
7.2 EMEA Heavy Rare Earth Elements Sales in Volume, by Type (2019, 2023 & 2030)
7.3 EMEA Heavy Rare Earth Elements Sales in Volume, by Application (2019, 2023 & 2030)
7.4 EMEA Heavy Rare Earth Elements Market Facts & Figures by Country (2019, 2023 & 2030)
7.4.1 EMEA Heavy Rare Earth Elements Sales in Value by Country (2019, 2023 & 2030)
7.4.2 EMEA Heavy Rare Earth Elements Sales in Volume by Country (2019, 2023 & 2030)
7.4.3 Europe
7.4.4 Middle East
7.4.5 Africa
8 China
8.1 China Heavy Rare Earth Elements Market Size YoY Growth 2019-2030
8.2 China Heavy Rare Earth Elements Sales in Volume, by Type (2019, 2023 & 2030)
8.3 China Heavy Rare Earth Elements Sales in Volume, by Application (2019, 2023 & 2030)
9 APAC
9.1 APAC Heavy Rare Earth Elements Market Size YoY Growth 2019-2030
9.2 APAC Heavy Rare Earth Elements Sales in Volume, by Type (2019, 2023 & 2030)
9.3 APAC Heavy Rare Earth Elements Sales in Volume, by Application (2019, 2023 & 2030)
9.4 APAC Heavy Rare Earth Elements Market Facts & Figures by Country (2019, 2023 & 2030)
9.4.1 APAC Heavy Rare Earth Elements Sales in Value by Country (2019, 2023 & 2030)
9.4.2 APAC Heavy Rare Earth Elements Sales in Volume by Country (2019, 2023 & 2030)
9.4.3 Japan
9.4.4 South Korea
9.4.5 China Taiwan
9.4.6 Southeast Asia
9.4.7 India
10 Company Profiles
10.1 China Rare Earth Group
10.1.1 China Rare Earth Group Company Information
10.1.2 China Rare Earth Group Description and Business Overview
10.1.3 China Rare Earth Group Heavy Rare Earth Elements Sales, Revenue and Gross Margin (2019-2024)
10.1.4 China Rare Earth Group Heavy Rare Earth Elements Products Offered
10.1.5 China Rare Earth Group Recent Development
10.2 Shenghe Resources Holdings
10.2.1 Shenghe Resources Holdings Company Information
10.2.2 Shenghe Resources Holdings Description and Business Overview
10.2.3 Shenghe Resources Holdings Heavy Rare Earth Elements Sales, Revenue and Gross Margin (2019-2024)
10.2.4 Shenghe Resources Holdings Heavy Rare Earth Elements Products Offered
10.2.5 Shenghe Resources Holdings Recent Development
10.3 Xiamen Tungsten Industry
10.3.1 Xiamen Tungsten Industry Company Information
10.3.2 Xiamen Tungsten Industry Description and Business Overview
10.3.3 Xiamen Tungsten Industry Heavy Rare Earth Elements Sales, Revenue and Gross Margin (2019-2024)
10.3.4 Xiamen Tungsten Industry Heavy Rare Earth Elements Products Offered
10.3.5 Xiamen Tungsten Industry Recent Development
10.4 Northern Minerals
10.4.1 Northern Minerals Company Information
10.4.2 Northern Minerals Description and Business Overview
10.4.3 Northern Minerals Heavy Rare Earth Elements Sales, Revenue and Gross Margin (2019-2024)
10.4.4 Northern Minerals Heavy Rare Earth Elements Products Offered
10.4.5 Northern Minerals Recent Development
11 Industry Chain and Sales Channels Analysis
11.1 Heavy Rare Earth Elements Industry Chain Analysis
11.2 Heavy Rare Earth Elements Key Raw Materials
11.2.1 Key Raw Materials
11.2.2 Raw Materials Key Suppliers
11.3 Heavy Rare Earth Elements Production Mode & Process
11.4 Heavy Rare Earth Elements Sales and Marketing
11.4.1 Heavy Rare Earth Elements Sales Channels
11.4.2 Heavy Rare Earth Elements Distributors
11.5 Heavy Rare Earth Elements Customers
12 Research Findings and Conclusion
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Table of Figures
List of Tables
List of Figures
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Heavy rare earth elements are defined by their higher atomic weights relative to light rare earths. They are less common, and some elements within the group are facing shortages as demand outpaces supply. That typically makes them more valuable than light rare earths, though they also have smaller markets. The full list of heavy rare earths is dysprosium, gadolinium, terbium, holmium, erbium, thulium, ytterbium, yttrium and lutetium.
Published: 2024-07-17
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The global market for Heavy Rare Earth Elements was estimated to be worth US$ 1606 million in 2024 and is forecast to a readjusted size of US$ 2469 million by 2031 with a CAGR of 6.4% during the forecast period 2025-2031.
Published: 2025-01-18
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The global market for Heavy Rare Earth Elements was valued at US$ 1606 million in the year 2024 and is projected to reach a revised size of US$ 2414 million by 2031, growing at a CAGR of 6.4% during the forecast period.
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In 2024, the global market size of Heavy Rare Earth Elements was estimated to be worth US$ 1606 million and is forecast to reach approximately US$ 2469 million by 2031 with a CAGR of 6.4% during the forecast period 2025-2031.
Published: 2025-03-28
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The global Heavy Rare Earth Elements market size was US$ 1606 million in 2024 and is forecast to a readjusted size of US$ 2414 million by 2031 with a CAGR of 6.4% during the forecast period 2025-2031.
Published: 2025-09-10
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The global market for Heavy Rare Earth Elements was estimated to be worth US$ 1606 million in 2024 and is forecast to a readjusted size of US$ 2414 million by 2031 with a CAGR of 6.4% during the forecast period 2025-2031.
Published: 2025-08-07
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The global Heavy Rare Earth Elements market is projected to grow from US$ 1606 million in 2024 to US$ 2414 million by 2031, at a CAGR of 6.4% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-09-10
Pages: 125
The global market for Heavy Rare Earth Elements was estimated to be worth US$ 1661 million in 2025 and is projected to reach US$ 2554 million, growing at a CAGR of 6.4% from 2026 to 2032.
Published: 2026-01-04
Pages: 82
The global Heavy Rare Earth Elements market was valued at US$ 1661 million in 2025 and is anticipated to reach US$ 2554 million by 2032, at a CAGR of 6.4% from 2026 to 2032.
Published: 2026-01-04
Pages: 117
The global Heavy Rare Earth Elements market size was US$ 1661 million in 2025 and is forecast to reach a readjusted size of US$ 2554 million by 2032 with a CAGR of 6.4% during the forecast period 2026-2032.
Published: 2026-01-04
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