| Title | Rare-Earth Metals Market Size – Industry Structure Evaluation, Demand Drivers |
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| URL | https://www.maximizemarketresearch.com/market-report/rare-earth-metals-market/122166/ |
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| Category | Business --> Business and Society |
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| Meta Keywords | Rare-Earth Metals Market opportunity,
Rare-Earth Metals Market Growth,
Rare-Earth Metals Market Trend,
Rare-Earth Metals Market Updation, |
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| Meta Description | Rare-Earth Metals Market was valued at US$ 7.51 Billion in 2025. The need for these materials in the fabrication of magnets and catalysts for the automobile industry is driving the market. |
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| Owner | mmr |
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| Description |
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| Rare-Earth Metals Market was valued at US$ 7.51 Billion in 2025. The need for these materials in the fabrication of magnets and catalysts for the automobile industry is driving the market. Cerium is commonly utilised as a catalyst in automobile catalytic converters, whereas neodymium and praseodymium are used in the creation of electric vehicle batteries. According to the International Energy Agency, the global stock of electric automobiles surpassed 5 million in 2019, up 63 % from 2018. |
