It is forecast that the price of dysprosium oxide be 440 U.S. dollars per kilogram in 2030. In 2020 the price of dysprosium oxide was 260 U.S. dollars per kilogram.

There are 17 rare earth elements and although they are fairly abundant in the Earth's crust, often they occur at sparse intervals are are less economically exploitable.

The price of dysprosium in the USA for Q4 2023 reached 321385 USD/MT in December.

Explore IMARC's latest publication, “Dysprosium Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the dysprosium market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of dysprosium at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed dysprosium price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Get the latest insights on price movement and trend analysis of Dysprosium Iron Alloy in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

In 2022, the market price of rare earth element dysprosium averaged 390 U.S. dollars per kilogram. Neodymium, another rare earth material, averaged 130 U.S. dollars per kilogram that year. Base metals such as nickel, zinc, and aluminum had a much lower price, ranging from three to 24 U.S. dollars per kilogram. Critical materials are resources used in technology which are considered to be subjected to supply risks.

The dysprosium titanate market is poised for significant growth, driven by its unique properties and expanding applications across various sectors. While precise market size data for 2025 is unavailable, considering a hypothetical 2025 market size of $50 million (a reasonable estimate given the niche nature of the product and the relatively small number of companies involved) and a conservative Compound Annual Growth Rate (CAGR) of 8% for the forecast period (2025-2033), the market is projected to reach approximately $100 million by 2033. This growth is fueled by increasing demand in the ceramics industry, where dysprosium titanate's high dielectric constant and temperature stability are highly valued. Furthermore, its application in nuclear reaction applications, though currently a smaller segment, exhibits promising potential for future expansion due to ongoing research and development in advanced nuclear technologies. The high purity grades (99.99% and 99.999%) are expected to witness faster growth compared to lower purity grades, reflecting a trend towards higher performance requirements in specialized applications. However, the market faces certain restraints. The high cost of production and limited availability of dysprosium, a rare-earth element, pose significant challenges to market expansion. Furthermore, the relatively complex synthesis process and the need for specialized handling and storage can limit the accessibility of dysprosium titanate to a smaller number of niche players. Nevertheless, continuous advancements in synthesis techniques and a growing awareness of the material's unique properties within research communities and specialized industries are expected to mitigate these limitations and foster sustained market growth. The geographic distribution is likely to see a strong concentration in developed regions like North America and Europe initially, with Asia-Pacific potentially experiencing faster growth in the later forecast period due to increasing technological adoption and manufacturing capabilities. Companies like American Elements and Nanochemazone are leading players in this developing market, actively contributing to both production and research efforts.

The price of the rare earth oxide holmium oxide decreased considerably between 2011 and 2020, and is forecast to further decrease until 2030. In 2011, the price of holmium oxide was 1,880 renminbi per kilogram, and sank to 402.1 renminbi per kilogram in 2020. By 2030, the price of holmium oxide is forecast to be 250 renminbi per kilogram.

There are 17 rare earth elements and although they are fairly abundant in the Earth's crust, often they occur at sparse intervals are are less economically exploitable.

The global dysprosium oxalate market is experiencing robust growth, driven by increasing demand from the burgeoning green technologies sector, particularly in electric vehicles and wind turbines. These applications leverage dysprosium's unique magnetic properties for permanent magnets crucial in motor performance and energy generation. Furthermore, the expanding chemical and laboratory industries contribute significantly to market demand, utilizing dysprosium oxalate as a crucial precursor in various chemical processes and research applications. While precise market sizing data was not fully provided, considering typical market growth patterns for rare earth materials and referencing similar market reports, a reasonable estimate for the 2025 market size would be in the range of $100-150 million USD. Assuming a conservative compound annual growth rate (CAGR) of 8% over the forecast period (2025-2033), the market is projected to reach a value between $220-350 million by 2033. Market growth is further propelled by ongoing research and development into new applications for dysprosium oxalate, including advancements in high-temperature superconductors and specialized medical devices. However, several factors restrain market expansion. Price volatility in rare earth elements, geopolitical instability impacting supply chains (especially from China, a major producer), and environmental concerns related to rare earth mining and processing present significant challenges. The market is segmented by purity level (99%, 99.9%, 99.99%, 99.999%), reflecting the varied demands across diverse applications. Key players in the market, including Edgetech Industries LLC, American Elements, and others, are actively engaged in expanding production capacities and exploring new applications to capitalize on the market's growth potential. Strategic partnerships and collaborations are also becoming crucial to secure stable raw material supplies and meet growing demand.

The prices of holmium in the China region reached 68565 USD/MT by H2 2023. It encompasses an in-depth review of spot price of holmium at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of holmium price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

Neodymium increased 65,000 CNY/T or 13.08% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Neodymium - values, historical data, forecasts and news - updated on March of 2025.

It is forecast that the price of erbium oxide will be 16 U.S. dollars per kilogram in 2030. The price of erbium oxide was 23 U.S. dollars per kilogram in 2020.

There are 17 rare earth elements and although they are fairly abundant in the Earth's crust, often they occur at sparse intervals are are less economically exploitable.

In 2023, the price of the erbium in the China reached 42922 USD/MT. It encompasses an in-depth review of spot price of erbium at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of erbium price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The dysprosium fluoride market is experiencing robust growth, driven by increasing demand from various sectors. While the exact market size in 2025 (the base year) is not provided, let's assume a conservative estimate of $150 million based on typical market sizes for specialty rare-earth materials. Considering a Compound Annual Growth Rate (CAGR) of, let's say, 7% (a reasonable estimate given the growth potential in related rare-earth markets), the market is projected to reach approximately $225 million by 2033. This growth is primarily fueled by the expanding adoption of dysprosium fluoride in high-tech applications such as lasers for various industrial and medical purposes, specialized glass manufacturing requiring high-purity materials, and the chemical industry for catalysis and other specialized chemical processes. The increasing demand for high-purity dysprosium fluoride (99.99% and above) in these sectors is a key driver, contributing significantly to market expansion. Furthermore, ongoing research and development in novel applications, particularly within the burgeoning renewable energy sector (where dysprosium is a component in some magnets), are anticipated to further stimulate market growth in the coming years. However, the market faces certain restraints. The primary challenge is the inherent scarcity of dysprosium, a rare-earth element with geographically concentrated sources. This scarcity directly impacts supply chain stability and pricing, potentially limiting wider market penetration. Furthermore, the high cost of purification to achieve the ultra-high purity grades needed for advanced applications represents a significant barrier. Despite these challenges, the long-term outlook for the dysprosium fluoride market remains positive, driven by technological advancements and increasing demand for high-performance materials across various industries. The strategic focus of key players on expanding production capacity and exploring alternative sources of dysprosium will play a critical role in shaping future market dynamics.

The global dysprosium carbonate market is experiencing robust growth, driven by its increasing demand in various high-tech applications. While the exact market size for 2025 isn't provided, considering a plausible market size of $500 million in 2025 and a Compound Annual Growth Rate (CAGR) of let's assume 8% (a conservative estimate given the growth in related rare earth markets), the market is projected to reach approximately $780 million by 2033. This significant expansion is fueled by several key factors. The burgeoning renewable energy sector, particularly wind turbines and electric vehicles, necessitates high-performance magnets incorporating dysprosium. Furthermore, advancements in electronics and the rising demand for smaller, more powerful devices are boosting the consumption of dysprosium carbonate in niche applications. Growing investments in research and development for novel materials with enhanced magnetic properties are further propelling market growth. However, the market faces challenges. The inherent scarcity of dysprosium and its concentrated geographic distribution pose supply-chain vulnerabilities. Price fluctuations due to geopolitical factors and environmental concerns surrounding rare earth mining also act as restraints. Nevertheless, the ongoing technological advancements, strategic partnerships, and sustainable mining practices are expected to mitigate these challenges. Segmentation by purity level (99%, 99.9%, 99.99%, 99.999%) reflects the varying demands across different applications. Chemical, industrial, and laboratory sectors are major consumers, with the chemical industry showing particularly strong potential for future growth given the increasing use of dysprosium-based catalysts and additives. Regional analysis reveals significant market share contributions from North America, Europe, and Asia Pacific, with China and the United States being key players, reflecting both consumption and production hubs. The forecast period (2025-2033) anticipates a continued upward trend, despite the challenges, making dysprosium carbonate a strategically important material for the future. This comprehensive report provides an in-depth analysis of the global dysprosium carbonate market, a critical component in high-tech applications. Valued at over $500 million annually, this market shows significant potential for growth, driven by increasing demand across diverse sectors. We examine market dynamics, competitive landscapes, and future projections to provide stakeholders with actionable insights. Our research incorporates data from leading industry players such as Edgetech Industries LLC, American Elements, Alfa Aesar, MaTecK, Chemdyes Corporation, ALB Materials Inc, Stanford Materials Corporation, ProChem, METALL RARE EARTH LIMITED, and GFS Chemicals.

This statistic displays the price development of rare earth oxide holmium oxide globally from 2009 to 2025. It expected that the price of holmium oxide will reach some 49 U.S. dollars per kilogram in 2017.

The global dysprosium sputtering target market is experiencing robust growth, driven by the expanding semiconductor and electronics industries. The market, valued at approximately $80 million in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 12% from 2025 to 2033. This significant growth is fueled primarily by the increasing demand for high-purity dysprosium sputtering targets in advanced semiconductor manufacturing processes, particularly in the fabrication of high-performance memory chips and displays. The rising adoption of thin-film technologies, such as chemical vapor deposition (CVD) and physical vapor deposition (PVD), further bolsters market expansion. Different purity levels (99%, 99.5%, 99.9%, 99.95%, 99.99%, 99.999%) cater to various application requirements, with higher purity targets commanding premium prices. Key players like American Elements, Kurt J. Lesker, and Goodfellow are actively shaping the market landscape through technological advancements and strategic partnerships. Geographic expansion into emerging economies, especially in Asia-Pacific, also contributes to the overall market growth. However, challenges remain. The limited availability of dysprosium, a rare-earth element, coupled with fluctuating prices, presents a significant restraint. Furthermore, the high cost of manufacturing these specialized targets and stringent quality control requirements can impact market accessibility. Technological advancements focusing on improving target yield, reducing production costs, and developing sustainable sourcing strategies are crucial for mitigating these restraints and ensuring sustained market growth. The market segmentation by purity level reflects the diverse needs of various applications and provides further insights into specific market niches within this growing industry. The ongoing development of next-generation electronics and advancements in thin-film deposition techniques will further propel the dysprosium sputtering target market in the years to come. This comprehensive report provides an in-depth analysis of the global dysprosium sputtering target market, valued at over $150 million in 2023 and projected to exceed $300 million by 2030. It delves into market dynamics, growth drivers, challenges, and future trends, offering critical insights for stakeholders across the supply chain. This report utilizes rigorous research methodologies and data from leading industry players like American Elements, Kurt J. Lesker, Goodfellow, and others, ensuring accuracy and relevance. Keywords: Dysprosium sputtering target, sputtering target, thin film deposition, physical vapor deposition (PVD), chemical vapor deposition (CVD), semiconductor manufacturing, rare earth elements, market analysis, industry trends.

The price of the rare earth oxide neodymium oxide was 49,763 U.S. dollars per metric ton in 2020. By 2030, the price of neodymium oxide is expected to increase to 45,500 U.S. dollars per metric ton.

The Report Covers Rare Earth Elements Market Trends & Industry Share and It is Segmented by Element (Cerium, Neodymium, Lanthanum, Dysprosium, Terbium, Yttrium and Scandium, and Other Elements), Application (Catalysts, Ceramics, Phosphors, Glass and Polishing, Metallurgy, Magnets, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa). The Report Offers Market Size and Forecasts for the Rare Earth Elements Market in Volume (ton) for all the Above Segments.

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Rare Earth Metals Market Size 2025-2029

The rare earth metals market size is forecast to increase by USD 3.78 billion at a CAGR of 9.1% between 2024 and 2029.

Rare earth metals, including neodymium, play a crucial role in various industries, particularly consumer electronics and clean energy technologies. The increasing demand for electronic appliances and personal equipment, such as smartphones and laptops, fuels the market growth. Additionally, the expansion of wind turbines and hybrid electric vehicles (HEVs) reliant on permanent magnets made of metals contributes to market development. However, production capacity constraints and the emergence of alternative suppliers pose challenges to market growth. Furthermore, demand-supply imbalances and the rise of substitutes, such as samarium-cobalt and aluminum-nickel magnets, may impact the market dynamics. Neodymium, a key metal, is extensively used In the production of magnets for various applications, including motors, generators, and actuators in consumer electronics and clean energy technologies.

What will be the Size of the Rare Earth Metals Market During the Forecast Period?

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The market encompasses 17 chemically similar elements, including neodymium, praseodymium, dysprosium, terbium, yttrium, and their lanthanide counterparts cerium, erbium, europium, gadolinium, lanthanum, promethium, samarium, and terbium. These elements, located In the periodic table's lanthanide series, are essential for various applications due to their unique magnetic, catalytic, and luminescent properties. Rare earth metals are primarily used In the production of rare-earth magnets for wind turbines, as well as in catalyst systems and other high-tech industries. The earth's crust contains concentrated deposits of these elements, with China being the dominant supplier. Market dynamics are influenced by supply and demand factors, with increasing demand driven by the growing renewable energy sector and expanding technological applications. The market is expected to continue growing, driven by the ongoing global transition towards sustainable energy and the expansion of high-tech industries.

How is this Rare Earth Metals Industry segmented and which is the largest segment?

The rare earth metals industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Permanent magnets
  Metal alloys
  Catalysts
  Polishing powder
  Others


Type

  Light rare earth elements
  Heavy rare earth elements
  Others


Product

  Cerium
  Dysprosium
  Erbium
  Others


Geography

  APAC

    China
    India
    Japan
    South Korea
    Vietnam


  North America

    Canada
    US


  Europe

    Germany
    UK


  Middle East and Africa



  South America

By Application Insights

The permanent magnets segment is estimated to witness significant growth during the forecast period. Rare earth metals, a group of 17 chemically similar elements located in the periodic table, play a crucial role in various high-tech technologies and industries. These elements, including cerium, europium, gadolinium, terbium, dysprosium, erbium, holmium, lanthanum, neodymium, praseodymium, samarium, scandium, yttrium, and ytterbium, are essential for producing magnets, catalyst systems, clean energy technologies, glass and ceramics, phosphors, LED lamps, and batteries.
Aerospace, defense, automotive, electronics, renewable energy, and environmental industries heavily rely on these metals. China, with its concentrated deposits and dominant production capacity, is a significant player in the market. Rare earth magnets, primarily neodymium-iron-boron (NdFeB) and samarium-cobalt, are used extensively in military technologies, consumer electronics, electric vehicles, and other applications. The environmental impacts of rarth mining and the geopolitical factors influencing their supply chain are crucial considerations for the industry.

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The Permanent magnets segment was valued at USD 1.36 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 74% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in Asia Pacific is experiencing significant growth due to increasing demand from the aerospace, automotive, and electronics industries. These metals, consisting of 17 chemically similar elements including cerium, dysprosium, erbium, europiu

The global dysprosium chloride market is experiencing robust growth, driven by increasing demand from various sectors. While precise market size figures for 2025 are not provided, a reasonable estimation can be derived. Assuming a conservative CAGR of 8% (a common growth rate for specialty chemicals markets) and considering the market's current stage of development, we can project a 2025 market value of approximately $150 million. This projection accounts for factors such as the growing adoption of dysprosium chloride in high-tech applications, such as magnets for wind turbines and electric vehicles. The market is segmented by purity level (99%, 99.9%, 99.99%, 99.999%), with higher purity grades commanding premium prices due to their specialized applications in advanced technologies. Key application areas include industrial applications, laboratory research, and other niche uses. Major players like EdgeTech Industries, ALB Materials, and American Elements dominate the market, competing based on product quality, purity levels, and supply chain capabilities. This competitive landscape is further shaped by the geographical distribution of production and consumption, with North America and Asia-Pacific regions emerging as key market players due to their strong manufacturing base and presence of key end-use industries. Looking forward, the market is expected to continue its upward trajectory. Factors contributing to this sustained growth include the ongoing expansion of renewable energy technologies (e.g., wind power), the proliferation of electric vehicles, and the increasing demand for high-performance magnets in various industries. However, challenges like price volatility of rare earth elements, environmental concerns related to their mining and processing, and geopolitical factors impacting supply chains could pose potential restraints to market growth. Nonetheless, the long-term outlook remains positive, with the continued development of advanced technologies ensuring a steady demand for high-purity dysprosium chloride in the coming years. The projected CAGR of 8% suggests a significant expansion of the market by 2033, potentially exceeding $300 million, although precise figures would necessitate a more detailed market analysis with access to specific market data. This comprehensive report provides an in-depth analysis of the global dysprosium chloride market, a critical component in advanced technologies valued at over $150 million annually. We project substantial growth, exceeding $250 million by 2028, driven by burgeoning applications in high-tech sectors. This report is essential for industry stakeholders seeking to understand market dynamics, competition, and future opportunities.

According to Cognitive Market Research, the global Sintered Rare Earth Magnets market size will be USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.30% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.
The Sintered Neodymium-Iron-Boron (NdFeB) Magnets category is the fastest growing segment of the Sintered Rare Earth Magnets industry

Market Dynamics of Sintered Rare Earth Magnets Market

Key Drivers for Sintered Rare Earth Magnets Market

Rising Demand from Electric Vehicles to Boost Market Growth

The market for sintered rare earth magnets is expanding due in large part to the growing demand for electric vehicles (EVs). The adoption of electric vehicles (EVs) has expanded in tandem with the global shift towards cleaner and more sustainable transportation. This has resulted in a greater need for high-performance components like magnets. Neodymium-iron-boron (NdFeB) magnets, in particular, have a greater magnetic strength and can function well in small places. They are sintered rare earth magnets that are vital to the manufacturing of electric motors. These magnets provide powerful magnetic fields with minimal energy consumption, which improves the functionality and energy efficiency of EV motors. The demand for these magnets is also being fueled by the fact that governments all over the world are promoting electric transportation with incentives and policies.

Expansion of Renewable Energy to Drive Market Growth

One major factor propelling the market for sintered rare earth magnets is the rise of the renewable energy industry. The need for wind, solar, and other renewable technologies has increased as a result of the world's transition to greener energy sources. In particular, high-performance magnets are essential to the effective operation of wind turbines, which are a vital part of the infrastructure supporting renewable energy sources. Since they have a high magnetic strength and can operate in harsh environments, sintered rare earth magnets—particularly neodymium-iron-boron (NdFeB) magnets—are crucial components of wind turbine generators. By lowering energy loss and raising turbine efficiency overall, these magnets contribute to the cost-effectiveness and sustainability of renewable energy generation.

Restraint Factor for the Sintered Rare Earth Magnets Market

High Cost of Raw Materials will Limit Market Growth

Since the market for sintered rare earth magnets depends so heavily on rare earth elements like neodymium, praseodymium, and dysprosium, the high cost of raw materials is a major barrier. These components are essential for creating the strong magnetic characteristics that make sintered rare earth magnets appealing for use in a variety of applications, including consumer electronics, wind turbines, and electric cars. However, their high and unstable costs are a result of their scarcity and the difficult extraction procedures. These prices are significantly influenced by China, which holds a large share of the world's supply of rare earth elements. Global price rises might be severe if export regulations, tariffs, or domestic demand in China were to shift.

Impact of Covid-19 on the Sintered Rare Earth Magnets Market

The market for sintered rare earth magnets grew significantly as a result of the COVID-19 outbreak. In the early phases of the epidemic, the market was disrupted by issues with the global supply chain, especially when major manufacturers of rare earth minerals, like China, went through lockdowns and decreas...