Synopsis
The global market for Rare Earth Recycling was estimated to be worth US$ 2786 million in 2024 and is forecast to a readjusted size of US$ 7474 million by 2031 with a CAGR of 15.5% during the forecast period 2025-2031.
Rare earth metals are widely used in metallurgy, petrochemicals, glass and ceramics, and are an important component of modern high-tech new materials (permanent magnet materials, polishing materials, catalytic materials, etc.). China's high rare earth production has led to the international consensus that China has monopolized the global production and refining supply of rare earth metals, posing a serious supply risk to importing countries. Therefore, various countries have widely carried out research on the recycling and reuse of rare earth metals.
The recovery methods of mineral elements include hydrometallurgy, pyrometallurgy, gas phase extraction and solvent extraction. The recycled raw materials mainly come from electronic waste and other important raw material wastes containing rare earth elements. Technological development has made it more feasible to extract rare earth elements from these materials.
The source of rare earth recycling is basically from scrapped products. The overall process of separating rare earths from terminal scrapped products is divided into the following steps:
First, collect various scrapped products containing rare earth elements; Second, pre-treat the collected scrapped products, including disassembly, crushing, etc.; Third, separate and purify the products after pre-treatment, usually using metallurgical methods and extraction methods; Finally, recycle rare earth metals and rare earth oxides.
At present, the main sources of rare earth recycling are: fluorescent lamps, magnetic materials, batteries, etc., and the three account for more than 75% of the market. Among them, the main sources of recycling waste magnetic materials are: industrial production waste, such as iron filings produced by magnet manufacturing, small magnets from scrapped computer hard drives, large magnets in scrapped electric vehicles and wind turbines, and parts in air conditioners.
In the global industrial chain, Europe, the United States and Japan have strengthened their layout by policy-driven (such as the EU's "Critical Raw Materials Act" and Japan's magnet recycling subsidies). In the future, emerging fields such as wind turbines, hydrogen fuel cell catalysts and medical equipment will release incremental demand.
This report aims to provide a comprehensive presentation of the global market for Rare Earth Recycling, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Rare Earth Recycling by region & country, by Type, and by Application.
The Rare Earth Recycling market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Rare Earth Recycling.
Market Segmentation
By Company
Huahong Technology
Zhongxi Tianma New Materials Technology
China Northern Rare Earth
JLMAG
Ganzhou Hengyuan Technology
REEcycle
Hitachi Metals
Nippon Yttrium
Solvay (Rhodia)
GEM
Shin-Etsu Chemical
Mitsubishi Materials
Seren Technologies
Jiangsu Rising Jianfa Recycling Resources
Shenghe Holding
Geomega Resources
Carester
Segment by Type
Metallurgical Recycling
Extraction Recycling
Segment by Application
Fluorescent Lamps
Magnetic Materials
Batteries
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
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, global total market size. This chapter also provides 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 2: Detailed analysis of Rare Earth Recycling company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Revenue of Rare Earth Recycling in 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 market size of each country in the world.
Chapter 6: Revenue of Rare Earth Recycling in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Index
Available Upon Request