Rare earth elements are crucial materials in many consumer products, such as electronics and automobiles. Very limited recycling of these critical elements currently takes place. The global rare earth recycling market market is projected to rise by USD 162 million by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 6.3 percent during the forecast period.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global rare earth recycling market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the rare earth recycling industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, application, and region. The global market for rare earth recycling can be segmented by product: light rare earth, medium and heavy rare earth. The light rare earth segment is estimated to account for the largest share of the global rare earth recycling market. Rare earth recycling market is further segmented by application: alloys, catalysts, ceramics, glass, permanent magnets, phosphors, others. The permanent magnets segment held the largest revenue share in 2021. Based on region, the rare earth recycling market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By product:
– light rare earth
– medium and heavy rare earth

By application:
– alloys
– catalysts
– ceramics
– glass
– permanent magnets
– phosphors
– others

By region:
– Asia Pacific
– Europe
– North America
– Rest of the World (RoW)

The report has also analysed the competitive landscape of the global rare earth recycling market with some of the key players being Ganzhou Qiandong Rare Earth Group Co., Ltd. (GQD), Geomega Resources Inc., Hitachi Metals, Ltd., Lynas Rare Earths, Ltd., Mitsubishi Chemical Corporation, Nissan Motor Co., Ltd., REEcycle Inc., Shenghe Resources Holding Co., Ltd., Solvay S.A., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global rare earth recycling market.
– To classify and forecast the global rare earth recycling market based on product, application, region.
– To identify drivers and challenges for the global rare earth recycling market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global rare earth recycling market.
– To identify and analyze the profile of leading players operating in the global rare earth recycling market.

Why Choose This Report
– Gain a reliable outlook of the global rare earth recycling market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.