The global rare
earth metals recycling market foreseen to grow by 12.6%, from USD 259.74 Million
in 2021 to USD 671.19 Million in 2029. Increasing demand from end-use industries, increasing demand for clean energy, and initiatives of associations & regulatory bodies drive the rare earth metals recycling market. However, fluctuating costs of rare-earth metals and illegal mining of rare earth metal ores remain one of the factors restraining the market's growth.
Market Definition
What is Rare Earth Metals
Recycling?
Rare earth recycling is based on recycling end-of-life elements and swarf residue produced in factories. Rare earth elements are crucial to modern life and society. The most generative rare earth elements are cerium, yttrium, lanthanum and neodymium.
Market Overview
The
rare earth metals recycling market search study helps to thoroughly
understand the current trend in the market competitive analysis of the players
in the emerging market. Moreover, the DRO in the Rare earth metals recycling
market offers valuable perspicuity and a current scenario for making the right
decision. The research study covers the eminent players in the market with a
detailed analysis of the company and a financial overview containing their net
sales, business mix and geographical reach It mainly focuses on the key
developments of the products/services offered by the company in recent years.
Besides, we at Zettabyte have the expertise to analyses the global rare earth
metals recycling market player's competitive landscape helping the client
comprehend their specific strategic growth approaches.
rare earth
metals recycling market study by "Zettabyte Analytics" offers details
about the market scope, market segmentation, technological advancement in the rare
earth metals recycling market and highlights the optimistic, competitive
landscape and trends enduring over the years.
Major players in
the rare earth metals recycling market American Rare Earth Llc, Arafura
Resources Ltd., BASF SE, Cataler Corporation, Chenzhou City Jingui Silver
Industry Co., Ltd., Clariant AG, Clean Earth Inc., Corning Incorporated, Energy
Fuels, Inc., Geomega Resources Inc., Global Tungsten & Powders Corp.,
Guangsheng Nonferrous Metals Co., Ltd., Heraeus Holding, Hitachi Metals, Ltd.,
Hypromag Ltd., Jiangsu Huahong Technology Stock Co., Ltd., Johnson Matthey,
Lynas Rare Earths, Ltd., Mitsubishi Electric Corporation, N.E. Chemcat, Okon
Metals, Inc., Osram Licht AG, Qingdao Huicheng Environmental Technology Co.,
Ltd., Reecycle Inc., REMRETEch GmbH, Rocklink GmbH, Seren Technologies Limited,
Showa Denko K.K., Solvay SA, Taiyuan Chemical Industry Group Co. Ltd., Tenneco
Inc., Umicore, Urban Mining Company, Zeolyst International.
COVID-19 Impact on Global Rare
Earth Metals Recycling Market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover, the treatment cost for patients with COVID-19 has also had a
financial impact globally. The impact of COVID-19 on the rare earth metals
recycling market has forced companies to change their sourcing, pricing,
and promotion strategies. The rare earth metals recycling market players are
seen focusing more on optimizing the E-commerce networks with the rising
innovations in the digital sector, which are creating new business models for
the construction & mining industry player.
Research Scope
The report
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). The market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
Key industry
dynamics, regulatory scenarios, major material dynamics and rare earth metals
recycling market future markets are analyzed to understand their impact on
demand for the forecast period. Growth rates have been estimated using
correlation, regression and time-series analysis.
Market Segmentation
For the purpose
of this report, the global rare earth metals recycling market segmented on the
basis of type, source, technology, application, and region:
Type
|
Light
Rare Earth Recycling
|
Medium
& Heavy Rare Earth Recycling
|
|
|
Source
|
FCC
|
Fluorescent
lamps
|
Magnets
|
Batteries
|
Industrial
process
|
|
|
Technology
|
Hydrometallurgical
|
Pyrometallurgical
|
|
|
Application
|
Alloy
|
Catalyst
|
Permanent
magnets
|
Glass
|
Ceramics
|
Phosphor
|
Polishing
materials
|
Hydrogen
storage alloys
|
Type Outlook:
On the basis of
type, the market is segmented into light rare earth recycling, medium &
heavy rare earth recycling.
Figure 1 Rare Earth Metals Recycling Market By
Type (Market Size And Forecast By Value - USD Million, 2021 & 2029)

Source Outlook:
On the basis of
source, the market is segmented into FCC, fluorescent lamps, magnets, batteries,
industrial process.
Figure 2 Source Outlook (Revenue, USD
Million, 2021)
