Press release
Rare Earth Recycling Market 2025: Emerging Trends, New Opportunities & Global Forecast 2031 | At a CAGR of 15.5%
Rare Earth Recycling Market
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.
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Market Overview -
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.
Major Company Included: -
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
The competitive section of the report provides essential insights needed for companies to strengthen their market positioning. It highlights the strategies adopted by leading players-covering innovation, pricing models, marketing channels, distribution networks, and regional expansion. This evaluation enables market participants to identify competitive advantages and understand challenges that may affect their long-term performance.
Market Segmentation -
The report presents a granular breakdown of the global Rare Earth Recycling market, emphasizing CAGR, market share, future potential, and emerging trends across each segment.
By Type
Metallurgical Recycling
Extraction Recycling
By Application
Fluorescent Lamps
Magnetic Materials
Batteries
Others
This segmentation helps identify high-growth niches and valuable investment opportunities across product types and applications.
Regional Analysis -
The report offers a detailed geographic assessment covering four major regions and key contributing countries. Insights include consumption patterns, production levels, market share distribution, and long-term growth prospects.
North America
United States
Canada
Mexico
Latin America
Brazil
Other key regional markets
Asia-Pacific
China
Japan
India
South Korea
ASEAN Countries
Europe, Middle East & Africa (EMEA)
Germany
France
United Kingdom
GCC Countries
African Nations
The analysis spans from 2024 (base year) to 2031 (forecast period).
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Why This Report Is Essential -
✔ Complete Historical & Forecast Analysis (2020-2031)
✔ Detailed Segmentation by Type, Application & Region
✔ In-Depth Competitive Landscape & Company Profiling
✔ Drivers, Restraints & Market Dynamics Explained
✔ Expert Insights to Support Strategic Planning
Report Objectives -
Measure the global Rare Earth Recycling market size (value & volume).
Accurately analyze market shares, consumption trends, and segment performance.
Examine major market dynamics and industry-shaping forces.
Identify and discuss key production, revenue, and sales trends.
Profile top market players and evaluate their competitive strategies.
Review manufacturing practices, pricing structures, and cost trends.
Compare regional and national market performance across key geographies.
Forecast segment-wise and region-wise growth opportunities through 2031.
Key Questions Answered in the Report -
What is the size and estimated growth rate of the global and regional Rare Earth Recycling market?
Which countries are expected to display the strongest growth?
Which region will dominate the market throughout the forecast period?
What are the main factors driving or restraining market expansion?
What technological advancements are shaping future demand?
Where are the key opportunities for new entrants and established players?
Which companies currently hold the highest market share?
How will market dynamics evolve from 2025 to 2031?
Table of Contents - Major Key Points:
1 Market Overview
1.1 Rare Earth Recycling Product Introduction
1.2 Global Rare Earth Recycling Market Size Forecast (2020-2031)
1.3 Rare Earth Recycling Market Trends & Drivers
1.3.1 Rare Earth Recycling Industry Trends
1.3.2 Rare Earth Recycling Market Drivers & Opportunity
1.3.3 Rare Earth Recycling Market Challenges
1.3.4 Rare Earth Recycling Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Rare Earth Recycling Players Revenue Ranking (2024)
2.2 Global Rare Earth Recycling Revenue by Company (2020-2025)
2.3 Key Companies Rare Earth Recycling Manufacturing Base Distribution and Headquarters
2.4 Key Companies Rare Earth Recycling Product Offered
2.5 Key Companies Time to Begin Mass Production of Rare Earth Recycling
2.6 Rare Earth Recycling Market Competitive Analysis
2.6.1 Rare Earth Recycling Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by Rare Earth Recycling Revenue in 2024
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Rare Earth Recycling as of 2024)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Metallurgical Recycling
3.1.2 Extraction Recycling
3.2 Global Rare Earth Recycling Sales Value by Type
3.2.1 Global Rare Earth Recycling Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Rare Earth Recycling Sales Value, by Type (2020-2031)
3.2.3 Global Rare Earth Recycling Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Fluorescent Lamps
4.1.2 Magnetic Materials
4.1.3 Batteries
4.1.4 Others
4.2 Global Rare Earth Recycling Sales Value by Application
4.2.1 Global Rare Earth Recycling Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Rare Earth Recycling Sales Value, by Application (2020-2031)
4.2.3 Global Rare Earth Recycling Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
5.1 Global Rare Earth Recycling Sales Value by Region
5.1.1 Global Rare Earth Recycling Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Rare Earth Recycling Sales Value by Region (2020-2025)
5.1.3 Global Rare Earth Recycling Sales Value by Region (2026-2031)
5.1.4 Global Rare Earth Recycling Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America Rare Earth Recycling Sales Value, 2020-2031
5.2.2 North America Rare Earth Recycling Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe Rare Earth Recycling Sales Value, 2020-2031
5.3.2 Europe Rare Earth Recycling Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific Rare Earth Recycling Sales Value, 2020-2031
5.4.2 Asia Pacific Rare Earth Recycling Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America Rare Earth Recycling Sales Value, 2020-2031
5.5.2 South America Rare Earth Recycling Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa Rare Earth Recycling Sales Value, 2020-2031
5.6.2 Middle East & Africa Rare Earth Recycling Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Rare Earth Recycling Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Rare Earth Recycling Sales Value, 2020-2031
6.3 United States
6.3.1 United States Rare Earth Recycling Sales Value, 2020-2031
6.3.2 United States Rare Earth Recycling Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Rare Earth Recycling Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Rare Earth Recycling Sales Value, 2020-2031
6.4.2 Europe Rare Earth Recycling Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Rare Earth Recycling Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Rare Earth Recycling Sales Value, 2020-2031
6.5.2 China Rare Earth Recycling Sales Value by Type (%), 2024 VS 2031
6.5.3 China Rare Earth Recycling Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Rare Earth Recycling Sales Value, 2020-2031
6.6.2 Japan Rare Earth Recycling Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Rare Earth Recycling Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Rare Earth Recycling Sales Value, 2020-2031
6.7.2 South Korea Rare Earth Recycling Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Rare Earth Recycling Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Rare Earth Recycling Sales Value, 2020-2031
6.8.2 Southeast Asia Rare Earth Recycling Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Rare Earth Recycling Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Rare Earth Recycling Sales Value, 2020-2031
6.9.2 India Rare Earth Recycling Sales Value by Type (%), 2024 VS 2031
6.9.3 India Rare Earth Recycling Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Huahong Technology
7.1.1 Huahong Technology Profile
7.1.2 Huahong Technology Main Business
7.1.3 Huahong Technology Rare Earth Recycling Products, Services and Solutions
7.1.4 Huahong Technology Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.1.5 Huahong Technology Recent Developments
7.2 Zhongxi Tianma New Materials Technology
7.2.1 Zhongxi Tianma New Materials Technology Profile
7.2.2 Zhongxi Tianma New Materials Technology Main Business
7.2.3 Zhongxi Tianma New Materials Technology Rare Earth Recycling Products, Services and Solutions
7.2.4 Zhongxi Tianma New Materials Technology Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.2.5 Zhongxi Tianma New Materials Technology Recent Developments
7.3 China Northern Rare Earth
7.3.1 China Northern Rare Earth Profile
7.3.2 China Northern Rare Earth Main Business
7.3.3 China Northern Rare Earth Rare Earth Recycling Products, Services and Solutions
7.3.4 China Northern Rare Earth Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.3.5 China Northern Rare Earth Recent Developments
7.4 JLMAG
7.4.1 JLMAG Profile
7.4.2 JLMAG Main Business
7.4.3 JLMAG Rare Earth Recycling Products, Services and Solutions
7.4.4 JLMAG Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.4.5 JLMAG Recent Developments
7.5 Ganzhou Hengyuan Technology
7.5.1 Ganzhou Hengyuan Technology Profile
7.5.2 Ganzhou Hengyuan Technology Main Business
7.5.3 Ganzhou Hengyuan Technology Rare Earth Recycling Products, Services and Solutions
7.5.4 Ganzhou Hengyuan Technology Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.5.5 Ganzhou Hengyuan Technology Recent Developments
7.6 REEcycle
7.6.1 REEcycle Profile
7.6.2 REEcycle Main Business
7.6.3 REEcycle Rare Earth Recycling Products, Services and Solutions
7.6.4 REEcycle Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.6.5 REEcycle Recent Developments
7.7 Hitachi Metals
7.7.1 Hitachi Metals Profile
7.7.2 Hitachi Metals Main Business
7.7.3 Hitachi Metals Rare Earth Recycling Products, Services and Solutions
7.7.4 Hitachi Metals Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.7.5 Hitachi Metals Recent Developments
7.8 Nippon Yttrium
7.8.1 Nippon Yttrium Profile
7.8.2 Nippon Yttrium Main Business
7.8.3 Nippon Yttrium Rare Earth Recycling Products, Services and Solutions
7.8.4 Nippon Yttrium Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.8.5 Nippon Yttrium Recent Developments
7.9 Solvay (Rhodia)
7.9.1 Solvay (Rhodia) Profile
7.9.2 Solvay (Rhodia) Main Business
7.9.3 Solvay (Rhodia) Rare Earth Recycling Products, Services and Solutions
7.9.4 Solvay (Rhodia) Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.9.5 Solvay (Rhodia) Recent Developments
7.10 GEM
7.10.1 GEM Profile
7.10.2 GEM Main Business
7.10.3 GEM Rare Earth Recycling Products, Services and Solutions
7.10.4 GEM Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.10.5 GEM Recent Developments
7.11 Shin-Etsu Chemical
7.11.1 Shin-Etsu Chemical Profile
7.11.2 Shin-Etsu Chemical Main Business
7.11.3 Shin-Etsu Chemical Rare Earth Recycling Products, Services and Solutions
7.11.4 Shin-Etsu Chemical Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.11.5 Shin-Etsu Chemical Recent Developments
7.12 Mitsubishi Materials
7.12.1 Mitsubishi Materials Profile
7.12.2 Mitsubishi Materials Main Business
7.12.3 Mitsubishi Materials Rare Earth Recycling Products, Services and Solutions
7.12.4 Mitsubishi Materials Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.12.5 Mitsubishi Materials Recent Developments
7.13 Seren Technologies
7.13.1 Seren Technologies Profile
7.13.2 Seren Technologies Main Business
7.13.3 Seren Technologies Rare Earth Recycling Products, Services and Solutions
7.13.4 Seren Technologies Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.13.5 Seren Technologies Recent Developments
7.14 Jiangsu Rising Jianfa Recycling Resources
7.14.1 Jiangsu Rising Jianfa Recycling Resources Profile
7.14.2 Jiangsu Rising Jianfa Recycling Resources Main Business
7.14.3 Jiangsu Rising Jianfa Recycling Resources Rare Earth Recycling Products, Services and Solutions
7.14.4 Jiangsu Rising Jianfa Recycling Resources Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.14.5 Jiangsu Rising Jianfa Recycling Resources Recent Developments
7.15 Shenghe Holding
7.15.1 Shenghe Holding Profile
7.15.2 Shenghe Holding Main Business
7.15.3 Shenghe Holding Rare Earth Recycling Products, Services and Solutions
7.15.4 Shenghe Holding Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.15.5 Shenghe Holding Recent Developments
7.16 Geomega Resources
7.16.1 Geomega Resources Profile
7.16.2 Geomega Resources Main Business
7.16.3 Geomega Resources Rare Earth Recycling Products, Services and Solutions
7.16.4 Geomega Resources Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.16.5 Geomega Resources Recent Developments
7.17 Carester
7.17.1 Carester Profile
7.17.2 Carester Main Business
7.17.3 Carester Rare Earth Recycling Products, Services and Solutions
7.17.4 Carester Rare Earth Recycling Revenue (US$ Million) & (2020-2025)
7.17.5 Carester Recent Developments
8 Industry Chain Analysis
8.1 Rare Earth Recycling Industrial Chain
8.2 Rare Earth Recycling Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Rare Earth Recycling Sales Model
8.5.2 Sales Channel
8.5.3 Rare Earth Recycling Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
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