Heavy Rare Earth Elements Market Size(US$)

CAGR 2025-2031
6.4%
Market Size,2031
USD 2,414
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
Report Scope
This report aims to provide a comprehensive presentation of the global market for Heavy Rare Earth Elements, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heavy Rare Earth Elements.
The Heavy Rare Earth Elements market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Heavy Rare Earth Elements market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Heavy Rare Earth Elements manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company
China Rare Earth Group
Shenghe Resources Holdings
Xiamen Tungsten Industry
Northern Minerals
Segment by Type
Gadolinium
Yttrium
Terbium
Dysprosium
Holmium
Erbium
Thulium
Ytterbium
Lutetium
Segment by Application
Magnets
Catalysts
Metallurgy
Polishing
Glass
Phosphors
Ceramics
Others
Production by Region
Australia
China
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East and Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Heavy Rare Earth Elements manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Heavy Rare Earth Elements by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Heavy Rare Earth Elements in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
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Table of Contents
1 Heavy Rare Earth Elements Market Overview
1.1 Product Definition
1.2 Heavy Rare Earth Elements by Type
1.2.1 Global Heavy Rare Earth Elements Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Gadolinium
1.2.3 Yttrium
1.2.4 Terbium
1.2.5 Dysprosium
1.2.6 Holmium
1.2.7 Erbium
1.2.8 Thulium
1.2.9 Ytterbium
1.2.10 Lutetium
1.3 Heavy Rare Earth Elements by Application
1.3.1 Global Heavy Rare Earth Elements Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Magnets
1.3.3 Catalysts
1.3.4 Metallurgy
1.3.5 Polishing
1.3.6 Glass
1.3.7 Phosphors
1.3.8 Ceramics
1.3.9 Others
1.4 Global Market Growth Prospects
1.4.1 Global Heavy Rare Earth Elements Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Heavy Rare Earth Elements Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Heavy Rare Earth Elements Production Estimates and Forecasts (2020-2031)
1.4.4 Global Heavy Rare Earth Elements Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Heavy Rare Earth Elements Production Market Share by Manufacturers (2020-2025)
2.2 Global Heavy Rare Earth Elements Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Heavy Rare Earth Elements, Industry Ranking, 2023 VS 2024
2.4 Global Heavy Rare Earth Elements Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Heavy Rare Earth Elements Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Heavy Rare Earth Elements, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Heavy Rare Earth Elements, Product Offered and Application
2.8 Global Key Manufacturers of Heavy Rare Earth Elements, Date of Enter into This Industry
2.9 Heavy Rare Earth Elements Market Competitive Situation and Trends
2.9.1 Heavy Rare Earth Elements Market Concentration Rate
2.9.2 Global 5 and 10 Largest Heavy Rare Earth Elements Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Heavy Rare Earth Elements Production by Region
3.1 Global Heavy Rare Earth Elements Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Heavy Rare Earth Elements Production Value by Region (2020-2031)
3.2.1 Global Heavy Rare Earth Elements Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Heavy Rare Earth Elements by Region (2026-2031)
3.3 Global Heavy Rare Earth Elements Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Heavy Rare Earth Elements Production Volume by Region (2020-2031)
3.4.1 Global Heavy Rare Earth Elements Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Heavy Rare Earth Elements by Region (2026-2031)
3.5 Global Heavy Rare Earth Elements Market Price Analysis by Region (2020-2025)
3.6 Global Heavy Rare Earth Elements Production and Value, Year-over-Year Growth
3.6.1 Australia Heavy Rare Earth Elements Production Value Estimates and Forecasts (2020-2031)
3.6.2 China Heavy Rare Earth Elements Production Value Estimates and Forecasts (2020-2031)
4 Heavy Rare Earth Elements Consumption by Region
4.1 Global Heavy Rare Earth Elements Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Heavy Rare Earth Elements Consumption by Region (2020-2031)
4.2.1 Global Heavy Rare Earth Elements Consumption by Region (2020-2025)
4.2.2 Global Heavy Rare Earth Elements Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Heavy Rare Earth Elements Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Heavy Rare Earth Elements Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Heavy Rare Earth Elements Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Heavy Rare Earth Elements Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Heavy Rare Earth Elements Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Heavy Rare Earth Elements Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Heavy Rare Earth Elements Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Heavy Rare Earth Elements Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Heavy Rare Earth Elements Production by Type (2020-2031)
5.1.1 Global Heavy Rare Earth Elements Production by Type (2020-2025)
5.1.2 Global Heavy Rare Earth Elements Production by Type (2026-2031)
5.1.3 Global Heavy Rare Earth Elements Production Market Share by Type (2020-2031)
5.2 Global Heavy Rare Earth Elements Production Value by Type (2020-2031)
5.2.1 Global Heavy Rare Earth Elements Production Value by Type (2020-2025)
5.2.2 Global Heavy Rare Earth Elements Production Value by Type (2026-2031)
5.2.3 Global Heavy Rare Earth Elements Production Value Market Share by Type (2020-2031)
5.3 Global Heavy Rare Earth Elements Price by Type (2020-2031)
6 Segment by Application
6.1 Global Heavy Rare Earth Elements Production by Application (2020-2031)
6.1.1 Global Heavy Rare Earth Elements Production by Application (2020-2025)
6.1.2 Global Heavy Rare Earth Elements Production by Application (2026-2031)
6.1.3 Global Heavy Rare Earth Elements Production Market Share by Application (2020-2031)
6.2 Global Heavy Rare Earth Elements Production Value by Application (2020-2031)
6.2.1 Global Heavy Rare Earth Elements Production Value by Application (2020-2025)
6.2.2 Global Heavy Rare Earth Elements Production Value by Application (2026-2031)
6.2.3 Global Heavy Rare Earth Elements Production Value Market Share by Application (2020-2031)
6.3 Global Heavy Rare Earth Elements Price by Application (2020-2031)
7 Key Companies Profiled
7.1 China Rare Earth Group
7.1.1 China Rare Earth Group Heavy Rare Earth Elements Company Information
7.1.2 China Rare Earth Group Heavy Rare Earth Elements Product Portfolio
7.1.3 China Rare Earth Group Heavy Rare Earth Elements Production, Value, Price and Gross Margin (2020-2025)
7.1.4 China Rare Earth Group Main Business and Markets Served
7.1.5 China Rare Earth Group Recent Developments/Updates
7.2 Shenghe Resources Holdings
7.2.1 Shenghe Resources Holdings Heavy Rare Earth Elements Company Information
7.2.2 Shenghe Resources Holdings Heavy Rare Earth Elements Product Portfolio
7.2.3 Shenghe Resources Holdings Heavy Rare Earth Elements Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Shenghe Resources Holdings Main Business and Markets Served
7.2.5 Shenghe Resources Holdings Recent Developments/Updates
7.3 Xiamen Tungsten Industry
7.3.1 Xiamen Tungsten Industry Heavy Rare Earth Elements Company Information
7.3.2 Xiamen Tungsten Industry Heavy Rare Earth Elements Product Portfolio
7.3.3 Xiamen Tungsten Industry Heavy Rare Earth Elements Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Xiamen Tungsten Industry Main Business and Markets Served
7.3.5 Xiamen Tungsten Industry Recent Developments/Updates
7.4 Northern Minerals
7.4.1 Northern Minerals Heavy Rare Earth Elements Company Information
7.4.2 Northern Minerals Heavy Rare Earth Elements Product Portfolio
7.4.3 Northern Minerals Heavy Rare Earth Elements Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Northern Minerals Main Business and Markets Served
7.4.5 Northern Minerals Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Heavy Rare Earth Elements Industry Chain Analysis
8.2 Heavy Rare Earth Elements Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Heavy Rare Earth Elements Production Mode & Process Analysis
8.4 Heavy Rare Earth Elements Sales and Marketing
8.4.1 Heavy Rare Earth Elements Sales Channels
8.4.2 Heavy Rare Earth Elements Distributors
8.5 Heavy Rare Earth Elements Customer Analysis
9 Heavy Rare Earth Elements Market Dynamics
9.1 Heavy Rare Earth Elements Industry Trends
9.2 Heavy Rare Earth Elements Market Drivers
9.3 Heavy Rare Earth Elements Market Challenges
9.4 Heavy Rare Earth Elements Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Table of Figures
List of Tables
List of Figures
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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.
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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
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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
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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.
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Published: 2026-01-04
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