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.

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

The dysprosium oxide market, valued at $167.7 million in 2025, is projected to experience robust growth, driven by the increasing demand for high-strength permanent magnets in wind turbines, electric vehicles, and consumer electronics. The compound annual growth rate (CAGR) of 6.7% from 2025 to 2033 indicates a significant expansion of this market. Key application segments like the petroleum, chemical, and metallurgical industries rely on dysprosium oxide's unique properties for catalysis and material enhancement. The rising adoption of renewable energy technologies and the proliferation of electric vehicles are major catalysts, pushing up demand for high-performance neodymium magnets, which often contain dysprosium for improved thermal stability and magnetic properties. Further driving growth are advancements in manufacturing techniques leading to cost reductions and improved purity levels of dysprosium oxide. While supply chain constraints and price volatility of rare earth elements pose challenges, technological innovations aimed at resource efficiency and recycling are mitigating these risks. The market is segmented by type (3N, 4N, 4.5N, 5N), reflecting different purity levels impacting applications and pricing. Regional analysis suggests that Asia Pacific, particularly China, dominates the market due to its significant rare earth reserves and established manufacturing capabilities, though North America and Europe are expected to witness considerable growth fueled by increasing government support for clean energy initiatives. The competitive landscape is characterized by several key players, including China Minmetals Rare Earth, Longyi Heavy Rare-Earth, and others, primarily concentrated in China. However, efforts to diversify sourcing and refine dysprosium oxide outside China are gaining momentum, particularly in North America and Europe, driven by geopolitical factors and supply chain diversification strategies. The market is likely to see consolidation and strategic partnerships in the coming years as companies strive to secure their supply chains and expand their market share. The forecast period (2025-2033) promises sustained growth, though fluctuations are expected in response to global economic conditions and technological advancements. The higher purity grades (4.5N and 5N) are expected to experience faster growth due to their importance in high-end applications such as aerospace and defense.

The Dysprosium Oxide Sputtering Target market is experiencing robust growth, driven by the increasing demand for high-performance magnets in various applications, particularly within the burgeoning renewable energy sector (wind turbines and electric vehicles). The market's expansion is also fueled by advancements in thin-film deposition technologies, which utilize sputtering targets for creating high-quality, durable coatings. This technology is critical in producing components with enhanced magnetic properties, improved corrosion resistance, and superior thermal stability. While precise market sizing data isn't provided, considering the significant growth in renewable energy and the crucial role of dysprosium oxide sputtering targets in their production, a reasonable estimate for the 2025 market size could be in the range of $150-200 million. Assuming a conservative Compound Annual Growth Rate (CAGR) of 8% for the forecast period (2025-2033), this market is projected to reach a valuation of $300-400 million by 2033. Key players in this space, including American Elements, Stanford Advanced Materials, and others, are strategically investing in research and development to enhance product quality, expand production capacity, and cater to the growing demand. However, the market faces certain restraints, primarily the limited availability and fluctuating price of dysprosium, a rare-earth element. This price volatility directly impacts the cost of dysprosium oxide sputtering targets, potentially affecting market expansion. Further challenges include the stringent regulatory landscape concerning rare-earth elements and the need for sustainable sourcing practices. To mitigate these risks, companies are focusing on developing recycling technologies and exploring alternative materials to reduce reliance on dysprosium. Segment analysis reveals strong growth in the electronics industry due to the application of dysprosium in high-capacity data storage devices. Geographic distribution sees a strong presence in North America and Europe, with Asia-Pacific potentially exhibiting faster growth in the coming years due to expanding manufacturing and renewable energy initiatives in the region.

The global dysprosium compounds market is experiencing robust growth, driven by increasing demand from the metallurgical and electronic industries. The market size in 2025 is estimated at $500 million, exhibiting a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033. This growth is fueled by the rising adoption of dysprosium in high-strength magnets crucial for electric vehicles, wind turbines, and consumer electronics. The burgeoning renewable energy sector, particularly wind power generation, is a major catalyst, demanding large quantities of dysprosium for efficient and powerful wind turbine generators. Furthermore, advancements in electronic devices and the miniaturization of components continuously increase the demand for dysprosium compounds in various applications. The most significant segments within the market include dysprosium oxide and dysprosium fluoride, both essential raw materials in the manufacturing processes. Despite the positive outlook, the market faces certain restraints. The primary challenge is the limited availability of dysprosium, a rare earth element, and its geographical concentration in a few countries. Price volatility associated with the supply chain's vulnerability is another significant constraint. However, ongoing research and development efforts aimed at finding alternative materials and improving extraction techniques are likely to mitigate these challenges partially. The competitive landscape features established players like EdgeTech Industries, Noah Chemicals, and American Elements, alongside emerging companies exploring innovative applications and supply chain strategies. Geographical expansion is anticipated across regions like Asia-Pacific (driven by China's manufacturing sector) and North America (fueled by the electric vehicle and renewable energy sectors). The market's projected growth trajectory suggests significant opportunities for investors and businesses involved in the mining, processing, and application of dysprosium compounds in the coming years. This report provides an in-depth analysis of the global dysprosium compounds market, projecting significant growth in the coming years. Driven by increasing demand from the burgeoning electronics and metallurgical industries, the market is poised for expansion, with values exceeding $500 million by 2028. This report delves into market dynamics, competitive landscapes, and future growth trajectories, offering valuable insights for stakeholders across the value chain. Keywords: Dysprosium Compounds Market, Dysprosium Acetate, Dysprosium Chloride, Dysprosium Nitrate, Rare Earth Elements, Metallurgical Applications, Electronic Applications, Market Analysis, Industry Trends.

Neodymium traded flat at 552,500 CNY/T on June 27, 2025. Over the past month, Neodymium's price has risen 2.79%, and is up 20.77% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Neodymium Rare Earth - values, historical data, forecasts and news - updated on June of 2025.

The rare earth metal market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 4.19% from 2025 to 2033. This expansion is fueled by the increasing demand across diverse sectors. The automotive industry's reliance on rare earth magnets for electric vehicle motors and hybrid systems is a significant driver. Furthermore, the burgeoning renewable energy sector, particularly wind turbines and solar panels, necessitates substantial quantities of rare earth elements. Technological advancements in electronics and telecommunications also contribute to heightened demand, as rare earths are crucial components in various electronic devices. Growth is segmented across elements such as cerium oxide, neodymium alloys, and dysprosium, each exhibiting varying demand trajectories based on specific application needs. Geographic distribution shows a significant concentration of market share in the Asia-Pacific region, particularly China, driven by established mining and processing infrastructure. However, geopolitical factors and initiatives to diversify sourcing are influencing market dynamics, fostering growth in other regions like North America and Europe. Restraints include the inherent geopolitical complexities associated with rare earth element mining and processing, along with environmental concerns related to extraction and refining. Despite these challenges, ongoing research and development in alternative materials and improved extraction techniques are mitigating some of these risks. The market is witnessing increased investment in sustainable mining practices and recycling initiatives to address environmental concerns and ensure a more stable supply chain. Furthermore, government policies promoting the development of domestic rare earth industries are anticipated to shape the market's trajectory in the coming years. The competitive landscape includes a diverse mix of established mining companies and emerging players. Companies like Lynas Rare Earths and China's Aluminum Corporation are key players, shaping the global supply and demand dynamics of these critical materials. This complex interplay of factors suggests that while the market will continue its expansion, strategic resource management and technological innovations will remain crucial to sustaining its growth. Recent developments include: August 2022: Australia's Lynas Rare Earths Ltd unveiled a plan to expand capacity at its Western Australia-based Mt Weld mine having deposits of neodymium (Nd) and praseodymium (Pr). The company anticipates expansion work to begin by early 2023, with full operation planned for 2024., April 2022: Iluka Resources Ltd announced an investment worth USD 1.2 billion for developing the Eneabba Phase 3 rare earth refinery in Western Australia for the dedicated production of rare Earth oxides. The investment aims to make Iluka a strategic hub for the downstream processing of Australia's rare earth resources.. Key drivers for this market are: High Demand from Emerging Economies, Dependency of 'Green Technology' on Rare Earth Elements. Potential restraints include: High Demand from Emerging Economies, Dependency of 'Green Technology' on Rare Earth Elements. Notable trends are: Increasing Demand for Magnets.

Snapshot img

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.

The market is experiencing significant growth due to the increasing demand for electronic appliances and personal equipment, driven by global consumer trends and technological advancements. This demand is further fueled by the expansion of production capacities and the emergence of alternative suppliers, which are aiming to reduce dependence on traditional sources. However, market growth is not without challenges. Demand-supply imbalances persist due to the complex and often unpredictable nature of rare earth metal mining and production. Moreover, the rise of substitutes, such as recycling and the development of new technologies, is posing a threat to market players. Companies seeking to capitalize on market opportunities must stay abreast of these trends and navigate challenges effectively by investing in research and development, exploring alternative supply chains, and collaborating with industry partners to ensure a stable and sustainable supply of rare earth metals.

What will be the Size of the Rare Earth Metals Market during the forecast period?

Request Free SampleRare earth metals, a group of 17 elements on the periodic table, play a crucial role in various industries, particularly in consumer equipment, catalyst systems, and green technology. These metals are essential for catalyst systems in industrial processes and are key components in magnets used in applications such as permanent magnets in gadolinium magnets and neodymium magnets. The demand for rare earth metals is driven by their use in electric vehicles, electronic appliances, and battery production. The supply chain for these metals is complex, with a significant portion extracted from concentrated deposits. However, resource scarcity and the environmental impact of metal extraction have led to increased focus on recycling efforts. Industrial uses of rare earth metals extend beyond magnets, with applications in battery production, wind turbines, and various other industries. The market dynamics for rare earth metals are influenced by production capacities, demand for specific metals, and the challenges of extracting them from the earth's crust. Catalyst systems, magnet applications, and green technology are just a few areas where rare earth metals contribute significantly. As the world transitions to more sustainable energy sources and electric vehicles become more prevalent, the demand for these metals is expected to grow.

How is this Rare Earth Metals Industry segmented?

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. ApplicationPermanent magnetsMetal alloysCatalystsPolishing powderOthersTypeLight rare earth elementsHeavy rare earth elementsOthersProductCeriumDysprosiumErbiumOthersGeographyAPACChinaIndiaJapanSouth KoreaVietnamNorth AmericaUSCanadaEuropeGermanyUKMiddle East and AfricaSouth America

By Application Insights

The permanent magnets segment is estimated to witness significant growth during the forecast period.Rare earth metals, primarily including neodymium, pradymium, dysprosium, gadolinium, terbium, and samarium, are essential components for producing rare earth magnets. These magnets are integral to various high-tech technologies, such as military equipment, consumer electronics, automotive industries, and renewable energy solutions like wind turbines. Neodymium oxide, a rare earth oxide, is a significant component of Neodymium-iron-boron (NdFeB) magnets, which are widely used in applications ranging from audio and video components to automobiles and electric vehicles. China, as a leading consumer and supplier, dominates the market for NdFeB magnets and exports a substantial amount of these magnets. The environmental impacts of rare earth mining, including water contamination and habitat destruction, as well as air contamination, have raised concerns regarding the sustainability of this industry. However, the increasing demand for clean energy and renewable energy sources, such as LED lamps and wind turbines, necessitates the continued production and capacity expansion. Geopolitical factors and the concentration of rare earth deposits in specific regions contribute to supply chain complexities. Furthermore, rare earth magnets play a crucial role in catalyst systems, glass & ceramics, and various other industries. The evolving market dynamics and trends necessitate a comprehensive of the market and its implications on various industries.

Get a glance at the market report of share of various segments Request Free Sample

The Permanent magnets segment was valued at USD 1.36 billion in 2