Heavy Rare Earth Elements Market Size(US$)

CAGR 2025-2031
6.4%
Market Size,2031
USD 2,469
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 sales volume (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, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and 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
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and 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: Sales (consumption), revenue 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 its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 3: Detailed analysis of Heavy Rare Earth Elements manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Heavy Rare Earth Elements sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, 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 sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: 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 14: Research Findings and Conclusion.
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.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
Table of Contents
1 Study Coverage
1.1 Heavy Rare Earth Elements Product Introduction
1.2 Market by Type
1.2.1 Global Heavy Rare Earth Elements Market Size Growth Rate by Type (2020 VS 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 Market by Application
1.3.1 Global Heavy Rare Earth Elements Market Size Growth Rate by Application (2020 VS 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 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Heavy Rare Earth Elements Market Size Estimates and Forecasts
2.1.1 Global Heavy Rare Earth Elements Revenue 2020-2031
2.1.2 Global Heavy Rare Earth Elements Sales 2020-2031
2.2 Heavy Rare Earth Elements Market Size by Region: 2024 Versus 2031
2.3 Heavy Rare Earth Elements Sales by Region (2020-2031)
2.3.1 Global Heavy Rare Earth Elements Sales by Region: 2020-2025
2.3.2 Global Heavy Rare Earth Elements Sales Forecast by Region (2026-2031)
2.3.3 Global Heavy Rare Earth Elements Sales Market Share by Region (2020-2031)
2.4 Heavy Rare Earth Elements Market Estimates and Projections by Region (2026-2031)
2.4.1 Global Heavy Rare Earth Elements Revenue by Region: 2020-2025
2.4.2 Global Heavy Rare Earth Elements Revenue Forecast by Region (2026-2031)
2.4.3 Global Heavy Rare Earth Elements Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global Heavy Rare Earth Elements Sales by Type (2020-2031)
3.1.1.1 Global Heavy Rare Earth Elements Sales Volume by Type (2020-2031)
3.1.1.2 Global Heavy Rare Earth Elements Sales Market Share by Type (2020-2031)
3.1.2 Global Heavy Rare Earth Elements Revenue by Type (2020-2031)
3.1.2.1 Global Heavy Rare Earth Elements Revenue by Type (2020-2031)
3.1.2.2 Global Heavy Rare Earth Elements Revenue Market Share by Type (2020-2031)
3.1.3 Heavy Rare Earth Elements Average Selling Price (ASP) by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global Heavy Rare Earth Elements Sales by Application (2020-2031)
3.2.1.1 Global Heavy Rare Earth Elements Sales Volume by Application (2020-2031)
3.2.1.2 Global Heavy Rare Earth Elements Sales Market Share by Application (2020-2031)
3.2.2 Global Heavy Rare Earth Elements Revenue by Application (2020-2031)
3.2.2.1 Global Heavy Rare Earth Elements Revenue by Application (2020-2031)
3.2.2.2 Global Heavy Rare Earth Elements Revenue Market Share by Application (2020-2031)
3.2.3 Heavy Rare Earth Elements Average Selling Price (ASP) by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 Gadolinium of Heavy Rare Earth Elements Revenue Market Share by Application
3.3.2 Yttrium of Heavy Rare Earth Elements Revenue Market Share by Application
3.3.3 Terbium of Heavy Rare Earth Elements Revenue Market Share by Application
3.3.4 Dysprosium of Heavy Rare Earth Elements Revenue Market Share by Application
3.3.5 Holmium of Heavy Rare Earth Elements Revenue Market Share by Application
3.3.6 Erbium of Heavy Rare Earth Elements Revenue Market Share by Application
3.3.7 Thulium of Heavy Rare Earth Elements Revenue Market Share by Application
3.3.8 Ytterbium of Heavy Rare Earth Elements Revenue Market Share by Application
3.3.9 Lutetium of Heavy Rare Earth Elements Revenue Market Share by Application
4 Global Heavy Rare Earth Elements by Manufacturers
4.1 Global Top Heavy Rare Earth Elements Manufacturers by Sales (2020-2025)
4.1.1 Global Heavy Rare Earth Elements Sales by Manufacturer (2020-2025)
4.1.2 Global Heavy Rare Earth Elements Sales Market Share by Manufacturer (2020-2025)
4.2 Global Top Heavy Rare Earth Elements Manufacturers by Revenue (2020-2025)
4.2.1 Global Heavy Rare Earth Elements Revenue by Manufacturer (2020-2025)
4.2.2 Global Heavy Rare Earth Elements Revenue Share by Manufacturer (2020-2025)
4.3 Global Heavy Rare Earth Elements Price by Manufacturer (2020-2025)
4.4 Competitive Landscape
4.4.1 Key Heavy Rare Earth Elements Manufacturers Covered: Ranking by Revenue
4.4.2 Global Heavy Rare Earth Elements Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.4.3 Global Heavy Rare Earth Elements Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5 Global Heavy Rare Earth Elements Manufacturing Base Distribution, Product Type
4.5.1 Heavy Rare Earth Elements Manufacturers Manufacturing Base Distribution, Headquarters
4.5.2 Date of International Manufacturers Enter into Heavy Rare Earth Elements Market
4.5.3 Manufacturers Heavy Rare Earth Elements Product Type and Application
4.5.4 Gadolinium Market Sales of Heavy Rare Earth Elements by Manufacturer
4.5.5 Yttrium Market Sales of Heavy Rare Earth Elements by Manufacturer
4.5.6 Terbium Market Sales of Heavy Rare Earth Elements by Manufacturer
4.5.7 Dysprosium Market Sales of Heavy Rare Earth Elements by Manufacturer
4.5.8 Holmium Market Sales of Heavy Rare Earth Elements by Manufacturer
4.5.9 Erbium Market Sales of Heavy Rare Earth Elements by Manufacturer
4.5.10 Thulium Market Sales of Heavy Rare Earth Elements by Manufacturer
4.5.11 Ytterbium Market Sales of Heavy Rare Earth Elements by Manufacturer
4.5.12 Lutetium Market Sales of Heavy Rare Earth Elements by Manufacturer
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 China Rare Earth Group
5.1.1 China Rare Earth Group Company Information
5.1.2 China Rare Earth Group Description, Business Overview
5.1.3 China Rare Earth Group Heavy Rare Earth Elements Products Offered
5.1.4 China Rare Earth Group Heavy Rare Earth Elements Sales, Revenue and Gross Margin (2020-2025)
5.1.5 China Rare Earth Group Heavy Rare Earth Elements Sales by Product in 2024
5.1.6 China Rare Earth Group Heavy Rare Earth Elements Sales by Application in 2024
5.1.7 China Rare Earth Group Heavy Rare Earth Elements Sales by Geographic Area in 2024
5.1.8 China Rare Earth Group Recent Developments
5.2 Shenghe Resources Holdings
5.2.1 Shenghe Resources Holdings Company Information
5.2.2 Shenghe Resources Holdings Description, Business Overview
5.2.3 Shenghe Resources Holdings Heavy Rare Earth Elements Products Offered
5.2.4 Shenghe Resources Holdings Heavy Rare Earth Elements Sales, Revenue and Gross Margin (2020-2025)
5.2.5 Shenghe Resources Holdings Heavy Rare Earth Elements Sales by Product in 2024
5.2.6 Shenghe Resources Holdings Heavy Rare Earth Elements Sales by Application in 2024
5.2.7 Shenghe Resources Holdings Heavy Rare Earth Elements Sales by Geographic Area in 2024
5.2.8 Shenghe Resources Holdings Recent Developments
5.3 Xiamen Tungsten Industry
5.3.1 Xiamen Tungsten Industry Company Information
5.3.2 Xiamen Tungsten Industry Description, Business Overview
5.3.3 Xiamen Tungsten Industry Heavy Rare Earth Elements Products Offered
5.3.4 Xiamen Tungsten Industry Heavy Rare Earth Elements Sales, Revenue and Gross Margin (2020-2025)
5.3.5 Xiamen Tungsten Industry Heavy Rare Earth Elements Sales by Product in 2024
5.3.6 Xiamen Tungsten Industry Heavy Rare Earth Elements Sales by Application in 2024
5.3.7 Xiamen Tungsten Industry Heavy Rare Earth Elements Sales by Geographic Area in 2024
5.3.8 Xiamen Tungsten Industry Recent Developments
5.4 Northern Minerals
5.4.1 Northern Minerals Company Information
5.4.2 Northern Minerals Description, Business Overview
5.4.3 Northern Minerals Heavy Rare Earth Elements Products Offered
5.4.4 Northern Minerals Heavy Rare Earth Elements Sales, Revenue and Gross Margin (2020-2025)
5.4.5 Northern Minerals Heavy Rare Earth Elements Sales by Product in 2024
5.4.6 Northern Minerals Heavy Rare Earth Elements Sales by Application in 2024
5.4.7 Northern Minerals Heavy Rare Earth Elements Sales by Geographic Area in 2024
5.4.8 Northern Minerals Recent Developments
6 North America
6.1 North America Heavy Rare Earth Elements Market Size YoY Growth 2020-2031
6.2 North America Heavy Rare Earth Elements Market Facts & Figures by Country
6.2.1 North America Heavy Rare Earth Elements Sales by Country (2020-2031)
6.2.2 North America Heavy Rare Earth Elements Revenue by Country (2020-2031)
6.3 North America Heavy Rare Earth Elements Sales by Type (2020-2025)
6.4 North America Heavy Rare Earth Elements Sales by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific Heavy Rare Earth Elements Market Size YoY Growth 2020-2031
7.2 Asia-Pacific Heavy Rare Earth Elements Market Facts & Figures by Region
7.2.1 Asia-Pacific Heavy Rare Earth Elements Sales by Region (2020-2031)
7.2.2 Asia-Pacific Heavy Rare Earth Elements Revenue by Region (2020-2031)
7.3 Asia-Pacific Heavy Rare Earth Elements Sales by Type (2020-2025)
7.4 Asia-Pacific Heavy Rare Earth Elements Sales by Application (2020-2025)
8 Europe
8.1 Europe Heavy Rare Earth Elements Market Size YoY Growth 2020-2031
8.2 Europe Heavy Rare Earth Elements Market Facts & Figures by Country
8.2.1 Europe Heavy Rare Earth Elements Sales by Country (2020-2031)
8.2.2 Europe Heavy Rare Earth Elements Revenue by Country (2020-2031)
8.3 Europe Heavy Rare Earth Elements Sales by Type (2020-2025)
8.4 Europe Heavy Rare Earth Elements Sales by Application (2020-2025)
9 Latin America
9.1 Latin America Heavy Rare Earth Elements Market Size YoY Growth 2020-2031
9.2 Latin America Heavy Rare Earth Elements Market Facts & Figures by Country
9.2.1 Latin America Heavy Rare Earth Elements Sales by Country (2020-2031)
9.2.2 Latin America Heavy Rare Earth Elements Revenue by Country (2020-2031)
9.3 Latin America Heavy Rare Earth Elements Sales by Type (2020-2025)
9.4 Latin America Heavy Rare Earth Elements Sales by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America Heavy Rare Earth Elements Market Size YoY Growth 2020-2031
10.2 Middle East and Africa Heavy Rare Earth Elements Market Facts & Figures by Country
10.2.1 Middle East and Africa Heavy Rare Earth Elements Sales by Country (2020-2031)
10.2.2 Middle East and Africa Heavy Rare Earth Elements Revenue by Country (2020-2031)
10.3 Middle East and Africa Heavy Rare Earth Elements Sales by Type (2020-2025)
10.4 Middle East and Africa Heavy Rare Earth Elements Sales by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 Heavy Rare Earth Elements Supply Chain Analysis
11.2 Heavy Rare Earth Elements Key Raw Materials and Upstream Suppliers
11.3 Heavy Rare Earth Elements Clients Analysis
11.4 Heavy Rare Earth Elements Sales Channel and Sales Model Analysis
11.4.1 Heavy Rare Earth Elements Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 Heavy Rare Earth Elements Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 Heavy Rare Earth Elements Distributors
12 Heavy Rare Earth Elements Market Dynamics
12.1 Heavy Rare Earth Elements Industry Trends
12.2 Heavy Rare Earth Elements Market Drivers
12.3 Heavy Rare Earth Elements Market Challenges
12.4 Heavy Rare Earth Elements Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
Table of Figures
List of Tables
List of Figures
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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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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.
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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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