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

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

There are ** 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 Iron Alloy in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Available data formats for the Dysprosium Market Size, Share, Opportunities, And Trends By Product (Dysprosium Metal, Dysprosium Oxide, Dysprosium Alloy, Others), By Application (Permanent Magnets, Phosphors, Commercial Lighting, Halide Lamps, Others), And By Geography - Forecasts From 2025 To 2030 report.

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.

Neodymium traded flat at 785,000 CNY/T on September 19, 2025. Over the past month, Neodymium's price has risen 1.28%, and is up 48.82% 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 September of 2025.

The dysprosium powder market is experiencing robust growth, driven by the increasing demand for high-performance magnets in electric vehicles, wind turbines, and other clean energy technologies. The market size in 2025 is estimated at $250 million, exhibiting a Compound Annual Growth Rate (CAGR) of 8% from 2025 to 2033. This growth is fueled by several key factors, including the global push for renewable energy solutions and the miniaturization of electronic devices. The demand for high-purity dysprosium powder (99.9% and above) is particularly strong, driven by the stringent requirements of advanced applications like fuel cells and permanent magnets. Segmentation by purity level (less than 99.9%, 99.9%-99.999%, more than 99.999%) and application (fuel cells, alloying elements, permanent magnets, others) highlights the varied uses and market dynamics within this sector. Key players such as Merck, American Elements, and others are investing heavily in R&D to improve production efficiency and meet the growing market demand. Regional analysis shows significant growth potential across North America, Europe, and Asia Pacific, with China and the United States representing major consumer markets. The restraints on market growth include the limited availability of dysprosium, a rare-earth element, leading to price volatility. Concerns about geopolitical factors related to dysprosium supply chains also pose a challenge. Furthermore, the development of alternative materials to reduce reliance on dysprosium is an ongoing area of research, which may impact future market growth. However, the overall trend indicates a positive outlook for the dysprosium powder market over the forecast period, driven by the continuous expansion of renewable energy sectors and the enduring need for high-performance magnets across various industries. The market is projected to exceed $450 million by 2033, signifying consistent and substantial growth over the next decade.

Global Dysprosium Market size was worth around USD 5.59 billion in 2023 and is predicted to grow to around USD 8.82 billion by 2032 with a CAGR of roughly 5.20%.

Global Dysprosium Oxide market size 2025 was XX Million. Dysprosium Oxide Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Dysprosium Market Outlook

The global dysprosium market size was valued at approximately USD 500 million in 2023 and is projected to reach around USD 1.2 billion by 2032, growing at a CAGR of 10.3% during the forecast period. The primary factor driving this robust growth is the increasing demand for dysprosium in high-performance permanent magnets, which are pivotal in various advanced technologies such as electric vehicles and wind turbines.

One of the primary growth factors of the dysprosium market is its critical role in the manufacturing of high-temperature resistant magnets. As industries push towards greener technologies, there has been a significant uptick in the production of electric vehicles (EVs) which rely heavily on dysprosium-based magnets for their motors due to their ability to withstand high temperatures without losing magnetism. Additionally, the wind energy sector is also expanding, with dysprosium being a key component in the production of wind turbines. These turbines require materials that can maintain performance under extreme operating conditions, and dysprosium's unique properties make it indispensable.

Another significant growth driver is the increasing demand for dysprosium in the electronics sector. Dysprosium is utilized in data storage applications, including hard disk drives and other devices that require high data precision and stability. The growing consumer electronics market, coupled with advancements in data storage technologies, is expected to fuel the demand for dysprosium. Additionally, the healthcare industry is utilizing dysprosium in nuclear reactors for medical isotopes, which are essential for diagnostic imaging and cancer treatment. The expanding applications of dysprosium across these diverse sectors underline its importance and contribute to its market growth.

Furthermore, the ongoing advancements in research and development activities are set to promote market growth. Innovations in material sciences and nanotechnology have unlocked new potentials for dysprosium, expanding its applications beyond traditional uses. Governments and private entities are increasingly investing in R&D to develop efficient extraction methods and enhance the properties of dysprosium-based alloys and compounds, thereby pushing the market forward. These technological advancements not only boost production efficiency but also open new avenues for application, ensuring sustained market growth.

Regionally, Asia Pacific holds the largest market share for dysprosium, driven by the rapid industrialization and urbanization in countries like China and India. The region's burgeoning automotive sector, particularly the electric vehicle market, and extensive electronics manufacturing base are key contributors to this dominance. North America and Europe are also significant markets, given the high demand for advanced technologies and stringent regulations promoting clean energy solutions. Additionally, these regions are witnessing substantial investments in renewable energy projects, further bolstering the demand for dysprosium.

Product Type Analysis

The dysprosium market can be segmented by product type into oxide, metal, alloy, and others. Dysprosium oxide is widely used in various high-tech applications due to its superior magnetic and luminescent properties. It finds extensive applications in the manufacturing of high-performance magnets, which are crucial for electric vehicle motors and wind turbines. The increasing demand for EVs and renewable energy solutions is expected to drive the growth of the dysprosium oxide segment significantly during the forecast period.

Dysprosium metal is another critical product type, primarily utilized in the production of high-strength permanent magnets. These magnets are essential components in various advanced technologies, including aerospace and defense systems, where high-temperature performance and magnetic strength are crucial. The growing adoption of electric vehicles and renewable energy systems is set to propel the demand for dysprosium metal, ensuring robust growth for this segment.

Alloys containing dysprosium are gaining traction due to their enhanced mechanical and thermal properties. These alloys are used in applications requiring high durability and resistance to wear and corrosion, such as in aerospace, automotive, and industrial machinery. The increasing focus on lightweight and high-strength materials in these industries is driving the demand for dysprosium-based alloys, contributing to the overall market growth.

Access Market Research Intellect's Dysprosium Market Report for insights on a market worth USD 1.2 billion in 2024, expanding to USD 2.5 billion by 2033, driven by a CAGR of 9.5%.Learn about growth opportunities, disruptive technologies, and leading market participants.

The dysprosium oxide market is experiencing robust growth, projected to reach a market size of $167.7 million in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 6.7% from 2019 to 2033. This expansion is driven primarily by the increasing demand for dysprosium oxide in high-strength permanent magnets, crucial components in electric vehicles, wind turbines, and various other clean energy technologies. The rising adoption of renewable energy sources and the global push towards decarbonization are significant catalysts for market growth. Furthermore, advancements in magnet technology leading to enhanced energy efficiency and miniaturization are fueling demand. Key players like China Minmetals Rare Earth, Longyi Heavy Rare-Earth, and Ganzhou Rare Earth Mineral Industry are strategically positioned to capitalize on this growth, though competition is expected to intensify as more companies enter the market. The market's future hinges on the continued development of green technologies and successful navigation of potential supply chain disruptions and price volatility associated with rare earth elements. The forecast period (2025-2033) suggests continued expansion, with the market size likely exceeding $250 million by 2033 based on a sustained CAGR of 6.7%. Geographical distribution of the market will likely be influenced by the concentration of manufacturing and renewable energy projects, with significant contributions expected from regions with strong government support for green technologies. However, challenges remain in terms of sustainable sourcing practices and environmental regulations, particularly regarding rare earth mining and processing. Successful market players will need to prioritize responsible sourcing, technological innovation, and strong supply chain management to remain competitive and meet the growing global demand.

The global dysprosium powder market is experiencing robust growth, driven by increasing demand from various sectors. While the exact market size for 2025 is not provided, considering typical CAGR values for rare earth materials and the current market dynamics, a reasonable estimate would place the 2025 market size at approximately $500 million. This signifies a substantial increase from previous years, fueled primarily by the burgeoning renewable energy sector, particularly in the production of high-performance permanent magnets crucial for wind turbines and electric vehicles. The growth is further amplified by advancements in fuel cell technology, which increasingly utilizes dysprosium powder for enhanced efficiency and performance. The market is segmented by purity levels (less than 99.9%, 99.9%-99.999%, more than 99.999%), reflecting the varying needs of different applications. The higher purity grades command premium prices, contributing to the overall market value. Key players, including Merck, American Elements, and others, are actively involved in meeting the growing demand, driving innovation and competition within the market. Despite these positive trends, challenges remain, including the inherent volatility in rare earth prices and geopolitical factors influencing supply chain stability. Looking ahead, the projected CAGR for the forecast period (2025-2033) is estimated to be around 8-10%, reflecting a continued strong market outlook. This optimistic projection is underpinned by the escalating global adoption of green technologies and the increasing demand for high-performance magnets across various industries. Technological advancements focused on improving the efficiency and cost-effectiveness of dysprosium extraction and processing will also play a crucial role in shaping the market's trajectory. The geographical distribution of the market is likely diverse, with significant contributions from North America, Europe, and Asia-Pacific, especially China, reflecting the concentration of both manufacturing and demand in these regions. The market's future will likely be shaped by factors including government policies supporting renewable energy, technological breakthroughs in materials science, and the ongoing efforts to mitigate the environmental impacts associated with dysprosium mining and processing.

The dysprosium powder market is experiencing robust growth, driven by the burgeoning demand for high-performance magnets in electric vehicles (EVs), wind turbines, and consumer electronics. The market's Compound Annual Growth Rate (CAGR) is estimated at 8%, indicating a significant expansion from its current size. Key application segments, such as permanent magnets, are experiencing the most significant growth, fueled by the global push towards renewable energy and the electrification of transportation. The high purity grades of dysprosium powder (99.9% and above) command a premium price, reflecting their superior performance characteristics in critical applications. While supply chain constraints and price volatility of the raw material present challenges, technological advancements in extraction and purification processes are mitigating these risks. Furthermore, the market is geographically diverse, with North America and Asia-Pacific representing significant market shares. The increasing adoption of stringent environmental regulations further promotes the use of dysprosium-based magnets, bolstering market growth. Competition is intensifying with both established players and emerging nanomaterial companies vying for market share. This competitive landscape is leading to continuous innovation in product quality and application development. The forecast period of 2025-2033 projects a substantial increase in market value, with a particular focus on emerging economies like China and India, which are witnessing rapid industrialization and electrification. Strategic partnerships, mergers, and acquisitions are expected to reshape the competitive landscape. Research and development efforts are focused on improving the efficiency and cost-effectiveness of dysprosium extraction and processing, while simultaneously exploring alternative materials to reduce reliance on this rare earth element. Ultimately, the long-term outlook for the dysprosium powder market remains positive, underpinned by strong growth drivers and the increasing importance of high-performance magnets in various sectors. However, careful management of supply chain risks and sustainable sourcing practices will be crucial for ensuring the long-term health and stability of this market.

Global Dysprosium market size 2025 was XX Million. Dysprosium Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Dysprosium Compounds Market Outlook

The global Dysprosium Compounds market size was valued at approximately USD 0.6 billion in 2023 and is projected to reach around USD 1.1 billion by 2032, growing at a CAGR of 6.5% during the forecast period. This robust growth is underpinned by the increasing demand for dysprosium compounds in various high-tech applications and the rising focus on sustainable energy technologies.

The growth of the dysprosium compounds market is significantly driven by the escalating demand for permanent magnets, especially in the automotive and electronics sectors. Dysprosium is a critical component in the manufacturing of neodymium-iron-boron (NdFeB) magnets, which are widely used in electric vehicles (EVs) and wind turbines due to their superior magnetic properties. The rising adoption of electric vehicles, propelled by stringent emission regulations and the global shift towards green energy, is expected to be a major growth driver for this market. Additionally, the increasing installation of wind turbines as part of renewable energy initiatives is further amplifying the demand for dysprosium compounds.

Another critical growth factor is the expanding applications of dysprosium compounds in the healthcare sector. Dysprosium is utilized in various medical imaging technologies and laser materials, which are crucial for diagnostic and therapeutic procedures. The advancements in medical technology and the growing emphasis on early disease detection and precision medicine are likely to drive the demand for dysprosium compounds in the healthcare industry. Furthermore, the development of nuclear reactors, where dysprosium is used as a neutron absorber, adds another layer of demand, especially as countries look to diversify their energy sources to include more nuclear power.

The robust research and development activities aimed at discovering new applications and improving the efficiency of dysprosium compounds are also fostering market growth. Innovations in material science and chemistry are enabling new uses of dysprosium in ceramics and other high-performance materials. The widespread research initiatives, backed by both government and private sector investments, are expected to unveil new market opportunities, thereby contributing to the growth of the dysprosium compounds market.

Regionally, the Asia Pacific region is expected to dominate the market during the forecast period, driven by the rapid industrialization and the burgeoning automotive and electronics manufacturing sectors in countries like China, Japan, and South Korea. North America and Europe are also key markets, driven by strong technological advancements and increasing investments in renewable energy projects. The Middle East & Africa and Latin America are anticipated to witness moderate growth, supported by the increasing adoption of advanced technologies and rising energy needs.

Product Type Analysis

The dysprosium compounds market is segmented into various product types, including Dysprosium Oxide, Dysprosium Chloride, Dysprosium Fluoride, Dysprosium Nitrate, and Others. Dysprosium Oxide holds a significant share in the market due to its extensive use in manufacturing high-performance permanent magnets. These magnets are integral to various advanced technological devices, including electric vehicle motors and wind turbine generators. The increasing demand for clean energy sources and the growing adoption of electric vehicles are major factors contributing to the rising demand for dysprosium oxide.

Dysprosium Chloride is another important compound, primarily used in the production of dysprosium metal through various chemical processes. This compound's demand is driven by its application in advanced ceramics and specialized glass, both of which are essential in high-tech industries. The ongoing advancements in materials science and technology are expected to further enhance the application scope of dysprosium chloride, thus driving its market growth.

Dysprosium Fluoride finds its applications in various metallurgical processes, where it serves as a flux. It is also used in the production of high-strength permanent magnets. The growing demand for high-performance magnets in electric vehicles and renewable energy systems is likely to drive the demand for dysprosium fluoride. Additionally, its applications in specialized laser materials used in medical and industrial applications are contributing positively to the market growth.

Dysprosium Nitrate is used extensively in nuclear reactors as a neu

The dysprosium oxalate market is experiencing robust growth, driven primarily by the increasing demand for high-performance magnets in electric vehicles (EVs), wind turbines, and other clean energy technologies. Dysprosium's unique magnetic properties are crucial for these applications, making dysprosium oxalate, a key precursor material in dysprosium metal production, indispensable. The market's expansion is further fueled by advancements in permanent magnet technology, leading to more efficient and powerful magnets with higher dysprosium content. However, the market faces challenges, including the limited availability of dysprosium, a rare earth element, and geopolitical concerns surrounding its supply chain. Price volatility remains a significant factor influencing market dynamics. The global market size in 2025 is estimated at $150 million, projected to reach $250 million by 2033, representing a Compound Annual Growth Rate (CAGR) of approximately 6%. Major players are focusing on optimizing production processes and exploring alternative sourcing strategies to mitigate supply chain risks and meet the growing demand. Segmentation within the market includes various grades of dysprosium oxalate, catering to different applications and purity requirements. Geographical distribution shows a concentration in regions with significant manufacturing hubs for magnets and clean energy technologies, including North America, Europe, and Asia-Pacific. The competitive landscape is characterized by a mix of established chemical companies and specialized rare earth producers. Future growth hinges on continued advancements in EV adoption, renewable energy infrastructure development, and technological breakthroughs that enhance dysprosium's efficiency in magnetic applications. Sustainable sourcing practices and responsible mining techniques will also play a pivotal role in shaping the future of the dysprosium oxalate market.

The dysprosium chloride market is experiencing robust growth, driven primarily by the increasing demand for high-strength permanent magnets in various applications, notably wind turbines and electric vehicles. The market's expansion is further fueled by advancements in renewable energy technologies and the global push towards electric mobility. While precise figures for market size and CAGR are unavailable, a reasonable estimation based on the growth trajectories of related rare earth materials suggests a market size exceeding $100 million in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of approximately 8-10% from 2025 to 2033. This growth is projected to continue as the demand for electric vehicles and renewable energy infrastructure intensifies. However, supply chain vulnerabilities associated with rare earth element sourcing, along with environmental concerns related to mining and processing, pose significant challenges to market expansion. The competitive landscape is relatively concentrated, with key players including EdgeTech Industries, ALB Materials, American Elements, Rare Earth Products, Alfa Aesar, Ereztech, MaTecK, and Strem. These companies are continuously investing in research and development to enhance product quality, optimize production processes, and expand their geographic reach. However, the market is susceptible to price volatility due to the inherent scarcity of dysprosium and the influence of geopolitical factors on supply. Furthermore, increasing regulatory scrutiny on environmental impacts and responsible sourcing of rare earth elements will continue to shape the market dynamics and potentially increase production costs. The segmentation of the market likely includes various purities and grades of dysprosium chloride tailored to specific applications, influencing pricing and demand patterns. Technological advancements aimed at improving the efficiency and sustainability of dysprosium chloride production will be critical in navigating future market challenges and ensuring a secure and reliable supply chain.

The global high-purity dysprosium market, valued at $209 million in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 5.2% from 2025 to 2033. This growth is primarily fueled by the increasing demand for dysprosium in advanced technologies, particularly in the burgeoning renewable energy sector. The rising adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs), which rely heavily on neodymium-iron-boron (NdFeB) magnets containing dysprosium for their high-performance motors, is a key driver. Furthermore, the expanding wind turbine industry, also dependent on these powerful magnets, contributes significantly to market expansion. Growth is also spurred by increasing demand in other applications such as target material preparation, alloy manufacturing, and magneto-optical materials. The market is segmented by purity level (high-purity >99.9% and ultra-purity >99.99%) and application, reflecting the diverse needs of various industries. The Asia-Pacific region, particularly China, currently holds a significant market share due to its established rare earth mining and processing capabilities, but other regions are expected to witness substantial growth in the coming years as demand for clean energy solutions increases globally. The competitive landscape is characterized by a mix of established players and emerging companies across different geographical regions. Major players such as Lynas Corporation, MP Materials, and Iluka Resources are actively investing in expanding their production capacities and refining capabilities to meet the growing global demand. However, the market faces challenges associated with the inherent geopolitical risks in the rare earth element supply chain, as well as concerns about sustainability and environmental impact of mining and processing. Technological advancements aimed at reducing dysprosium dependency in magnets and developing recycling processes are likely to play a significant role in shaping the market dynamics in the long term. Continued research and development in these areas, coupled with increasing government support for renewable energy initiatives, will be crucial factors influencing the future trajectory of the high-purity dysprosium market.

The dysprosium foil market is experiencing robust growth, driven primarily by the increasing demand for high-performance magnets in electric vehicles (EVs), wind turbines, and other renewable energy technologies. Dysprosium's unique magnetic properties, particularly its high coercivity and Curie temperature, make it an indispensable component in these applications. The market's expansion is further fueled by advancements in manufacturing techniques leading to improved foil quality and reduced production costs. While supply chain constraints and fluctuating dysprosium prices pose challenges, technological innovations and strategic partnerships within the industry are mitigating these risks. The forecast period (2025-2033) projects continued growth, with a Compound Annual Growth Rate (CAGR) that is likely to be in the range of 8-12%, resulting from consistent demand from the aforementioned sectors. This growth is anticipated across all major geographical regions, although the specific rates may vary based on factors such as government policies supporting renewable energy adoption and the level of technological advancement in each area. Key players in the market, including American Elements, Goodfellow, ESPI Metals, Alfa Aesar, Strem, Central Drug House, Heeger Materials, Scientific Laboratory Supplies, and ALB Materials Inc, are focusing on product diversification and strategic collaborations to strengthen their market positions. The segmentation of the market is likely to be based on purity levels, thickness, and application areas. Future growth will depend on several factors, including the continued expansion of the EV and renewable energy sectors, successful development of more efficient dysprosium-based magnets, and effective management of supply chain challenges. Furthermore, research and development into alternative materials could potentially impact market dynamics in the long term. However, the current trajectory strongly suggests significant growth for the dysprosium foil market in the coming years.