Rare Earth Elements Market Set for Explosive Growth Amid EV & Clean Energy Boom 2026 | Major Companies - China Rare Earth Holdings Limited, Arafura Resources Limited, Lynas Corporation, Ltd., Alkane Resources Ltd

Market Overview:

The Global Rare Earth Elements Market is growing at a CAGR of 9.4% during the forecast period (2024-2031).

DataM Intelligence has published a new research report on "Rare Earth Elements Market Size 2026". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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The Rare Earth Elements (REE) Market refers to the global industry involved in the exploration, mining, processing, refining, and distribution of 17 chemically similar metallic elements, including the 15 lanthanides plus scandium and yttrium. These elements are essential for manufacturing high-performance magnets, electric vehicles, wind turbines, consumer electronics, defense systems, and advanced medical devices. The market encompasses raw material suppliers, processing companies, technology manufacturers, and end-use industries, driven by rising demand for clean energy technologies and high-tech applications worldwide.

Recent Key Developments of United States:

✅ January 2026: The U.S. Department of Commerce signed a non-binding letter of intent for up to $1.6 billion in funding to USA Rare Earth, supporting mining, processing, and magnet production. The government committed $2 billion directly to the domestic rare earth sector, including equity stakes for strategic security.

✅ December 2025: USA Rare Earth accelerated its Texas Round Top project timeline to commercial production by late 2028, driven by processing advances and rising demand for critical minerals. USAR also secured supply agreements via its acquired Less Common Metals subsidiary for rare earth alloys to U.S. and European partners.

✅ November 2025: The U.S. Department of Energy announced up to $134 million in funding to boost domestic rare earth element supply chains from unconventional sources like mine tailings and e-waste.

Recent Key Developments of Japan:

✅ February 2026: Japan participated in the 2026 Critical Minerals Ministerial, aligning with U.S. efforts on rare earth demonstration facilities amid global supply shifts.

✅ January 2026: Japan accelerated its deep-sea mining plan near Minamitori Island, with a state vessel deploying equipment to extract rare earth-rich mud for tests targeting February 2027 production trials. Chinese rare earth magnet exports to Japan fell 8% month-over-month, amid diplomatic tensions and a new ban on dual-use goods.

✅ December 2025: The U.S. and Japan signed a high-profile agreement for rare earth cooperation, focusing on supply chain gaps, joint investments, stockpiling, and rapid-response mechanisms for EVs, batteries, and defense.

List of the Key Players in the Rare Earth Elements Market:

China Rare Earth Holdings Limited
Arafura Resources Limited
Lynas Corporation, Ltd.
Avalon Advanced Materials Inc.
Alkane Resources Ltd
Shin-Etsu Chemical Co. Ltd
Canada Rare Earth Corporation
Iluka Resources Ltd.
Eutectix LLC
Rare Element Resources Ltd.
Nippon Yttrium Co., Ltd.

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Rare Earth Elements Market:

By Type: Metals (Cerium, Erbium, Gadolinium, Holmium, Lanthanum, Neodymium, Praseodymium, Promethium, Samarium, Scandium, Terbium, Thulium, Ytterbium, Yttrium), Compounds (Cerium Compounds, Carbonates, Chlorides, Oxides, Others).

By Source: Bastnäsite, Loparite, Monazite, Rare-earth laterite, Xenotime, Others.

By Application: Magnets, Catalyst, Metals Alloys, Polishing, Ceramics/Glass, Additives, Others.

By End-User: Industrial, Automotive, Glass, Fluorescent Lighting, Electronics (Smart Phones, Readers, Loudspeaker, Portable Computers, Cameras, Others), Others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Rare Earth Elements manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: 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 5 & 6: Revenue of 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 market size of each country in the world.

Chapter 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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People Also Ask:

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