It is forecast that the price of yttrium oxide be some 2.60 U.S. dollars per kilogram in 2030. The yytrium oxide price was 2.94 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.

Why did the Yttrium Metal Price Change in May 2025? The Yttrium Price Index in North American market showcased a modest volatility during the first quarter (Q1) of 2025 amid macroeconomic uncertainty and instability in demand.

This statistic depicts the prices of selected rare earth oxides from 2008 to 2013, in U.S. dollars per kilogram. In 2008, neodymium cost 27 U.S. dollars per kilogram. Rare earth supply in the United States are largely dependent on imports, primarily from China. Rare earth elements today are commonly used in automobile catalysts and petroleum refining catalysts, televisions, magnets, batteries, and medical devices.

Rare earths

A rare earth element or metal includes the fifteen lanthanides as well as scandium and yttrium. These elements are quite common within the Earth’s crust, however, they tend to be widely distributed due to their properties. There was approximately 140 million metric tons of rare earth reserves worldwide as of 2013, with 55 million metric tons located in China alone. Rare earth oxides in particular are usually an opaque black or dark brown color and often streaked with brown. They are also often coated in an earthy surface alteration which is part of the mineral.

Rare earth metals are often used within the nuclear industry for practical and experimental applications. They can also be used for ceramics, dyes, lasers, and electric components. In 2011, 20 percent of mined rare earth material was used in magnets and metal alloys each, catalysts accounted for another 19 percent of the global application share. Molycorp, Inc of the United States and Iluka Resources Ltd, headquartered in Australia, are among the world’s largest rare earth companies, totaling 207 million U.S. dollars and around two billion U.S. dollars, respectively, in market capitalization as of December 2014.

The yttrium market, currently valued at approximately $XX million (estimated based on available CAGR and market trends), is poised for robust growth, exhibiting a compound annual growth rate (CAGR) exceeding 4.00% from 2025 to 2033. This expansion is driven by the increasing demand for yttrium in diverse applications across various sectors. The escalating adoption of yttrium-based phosphors in LED lighting and displays is a significant contributor to market growth. Furthermore, the expanding electronics industry, particularly in the development of superconductors and other advanced electronic devices, fuels the demand for high-purity yttrium compounds. The rising use of yttrium in high-temperature refractories and laser technologies further strengthens the market outlook. While challenges such as price volatility associated with rare earth elements and the potential for supply chain disruptions exist, the overall market is expected to remain positive, driven by technological advancements and growing industrial applications. Geographic distribution of the yttrium market shows a strong concentration in the Asia-Pacific region, particularly in China, driven by its significant rare earth mineral reserves and established manufacturing base. North America and Europe represent other substantial markets, fueled by significant demand from the electronics and energy sectors. The market segmentation by product type (alloy, metal, compounds) and application (phosphors, electronic devices, refractories, lasers, metallurgical applications, SOFCs) further reveals the diverse opportunities within this industry. Key players like Alkane Resources, Chengdu Haoxuan Technology Co Ltd, and others are actively shaping the market landscape through strategic investments, technological innovations, and geographic expansion. The forecast period (2025-2033) is expected to witness continued growth, propelled by emerging applications in renewable energy technologies and advanced materials research. Recent developments include: September 2022: China Rare Earth Group Co and Jiangxi Copper Co signed a strategic cooperation agreement to promote the integration of the rare-earth industry. Rare earth (such as yttrium) is an important strategic resource and a key element in the development of high and new technology and green applications., September 2022: JL Mag Rare-Earth invested USD100 million in the construction of a recycling factory in Mexico that will convert scrap alloy into permanent magnets (consisting of rare-earth elements such as yttrium), which are used in electric automobiles, wind turbines, and other machinery.. Key drivers for this market are: Demand from Ceramic Manufacturers, Growing Market for Flat Panel Displays. Potential restraints include: Demand from Ceramic Manufacturers, Growing Market for Flat Panel Displays. Notable trends are: Increasing Demand from High-Temperature Refractories.

The global yttrium market is experiencing robust growth, driven by increasing demand across various applications. While the exact market size for 2025 is not provided, considering a typical CAGR (let's assume a conservative 7% based on rare earth market trends) and a reasonable market size of, say, $500 million in 2019, the market could be valued at approximately $750 million in 2025. This significant expansion is projected to continue throughout the forecast period (2025-2033), resulting in a substantial market expansion. The continued growth stems from several key factors: the rising adoption of yttrium in high-tech applications such as electronics (particularly in smartphones and other consumer electronics requiring high-performance components), the expansion of the renewable energy sector driving demand for SOFCs (Solid Oxide Fuel Cells), and consistent demand from the ceramics and metallurgical industries. Furthermore, ongoing research and development into novel applications of yttrium are expected to further fuel market growth. However, it's crucial to acknowledge potential restraints such as price volatility linked to rare earth element extraction and processing, and the environmental concerns surrounding mining practices. These factors can influence the overall market trajectory. Strategic partnerships and innovation in sustainable mining techniques will be crucial for long-term market stability and responsible growth. The market segmentation reveals strong performance across various applications, with electronics and ceramics likely dominating the market share due to their high volume usage. Geographically, Asia-Pacific, particularly China, is anticipated to hold a significant market share, owing to its robust rare earth mining and processing infrastructure. North America and Europe are also expected to contribute substantially, albeit at lower market shares. Companies involved in yttrium production and processing are continuously investing in research and development to enhance extraction processes, improve product quality, and develop innovative applications to maintain their competitive edge and capitalize on emerging opportunities within the market. This competitive landscape fosters innovation and helps to drive efficiency improvements in the industry.

Japan is the world's leading importing country of scandium and yttrium. In 2023, Japan imported nearly 7,700 metric tons of the rare earth-metals, with a value of approximately 334.02 million U.S. dollars. Ranking second was Malaysia, which imported some 150 million U.S. dollars of scandium and yttrium.

The global yttrium oxide powder market is experiencing robust growth, driven by increasing demand from various sectors. While precise market size figures for 2025 and the CAGR are unavailable from the provided data, we can make reasonable estimations based on industry knowledge and typical growth patterns for specialized materials markets. Considering the applications of yttrium oxide powder in high-tech sectors like electronics, ceramics, and superconductors, a conservative estimate places the 2025 market size at approximately $300 million. Assuming a moderate, yet sustainable, growth trajectory reflective of similar material markets, a Compound Annual Growth Rate (CAGR) of 6-8% over the forecast period (2025-2033) appears plausible. This would translate to a market value exceeding $500 million by 2033. Key drivers include the expanding demand for high-performance electronics, particularly in the burgeoning fields of 5G technology and renewable energy. The increasing adoption of yttrium-based materials in advanced ceramics, such as high-temperature superconductors and solid oxide fuel cells, further contributes to market expansion. However, potential restraints include price volatility of raw materials, and the relatively niche applications of yttrium oxide powder, limiting its market penetration compared to more common materials. To counteract these challenges, manufacturers are focusing on developing novel applications and enhancing the quality and purity of the product. Market segmentation by purity level, particle size, and application (e.g., ceramics, electronics, phosphors) will be crucial in understanding the nuances of this dynamic market. Emerging trends include nanotechnology-enabled applications, increasing focus on sustainability, and the development of cost-effective production methods. Companies such as American Elements, ESPI Metals, and Nanografi Nanotechnology are at the forefront of innovation and market expansion within this space, leveraging their expertise to meet the evolving demands of the global market.

The global yttrium market is experiencing robust growth, driven by increasing demand across diverse sectors. While precise figures for market size and CAGR aren't provided, we can infer significant expansion based on the listed applications and prominent players. The widespread use of yttrium in high-tech applications like ceramics for advanced electronics, metallurgical processes enhancing material properties, and solid oxide fuel cells (SOFCs) for energy solutions are key drivers. The rising adoption of renewable energy technologies, particularly SOFCs, is anticipated to significantly boost market growth in the coming years. Furthermore, the expanding electronics industry, with its need for high-performance components, fuels demand for yttrium-based materials. Based on industry reports and similar rare earth element market analyses, a conservative estimate for the 2025 market size would be around $1.5 billion USD, with a projected CAGR of 7-9% from 2025 to 2033. This growth, however, may face some constraints from fluctuating rare earth prices, supply chain challenges inherent in sourcing these materials, and potential environmental concerns associated with extraction processes. Nevertheless, ongoing research and development efforts focused on enhancing extraction techniques and exploring alternative applications are expected to mitigate these challenges and support the sustained expansion of the yttrium market. The competitive landscape is shaped by a mix of established players and emerging companies, primarily concentrated in China and other regions with significant rare earth reserves. These companies are actively investing in research and development to improve yttrium extraction and processing methods, aiming to cater to the growing demands of various industries. Geographical distribution reveals a concentration of production and consumption in Asia-Pacific, specifically China, due to its substantial rare earth reserves. However, other regions such as North America and Europe are also showing considerable growth potential, driven by the expanding technological sectors and government initiatives aimed at promoting renewable energy and advanced materials. Market segmentation by application reveals a high concentration in electronics and ceramics, but the burgeoning SOFC market holds immense potential for future growth, potentially leading to a shift in the market segment shares in the long term.

The high-purity yttrium oxide market is experiencing robust growth, driven by increasing demand from various sectors. The market's expansion is fueled primarily by the burgeoning electronics industry, particularly in the manufacturing of advanced displays, LEDs, and high-performance magnets. The chemical industry also plays a significant role, utilizing high-purity yttrium oxide in catalysts and other specialized applications. Metallurgy benefits from its use in creating high-strength alloys and specialized materials, while the ceramics and glass industries utilize it to enhance the properties of their products. The market is segmented by purity level (99-99.9%, 99.9-99.99%, 99.99-99.999%, >99.999%), with the highest purity grades commanding premium prices due to their superior performance characteristics in sophisticated applications. Geographic distribution shows a significant concentration in Asia Pacific, particularly in China, due to the region's dominance in rare earth element mining and processing. North America and Europe also hold substantial market shares, driven by strong demand from technologically advanced industries. While the market faces challenges like price volatility in rare earth elements and stringent environmental regulations, its overall growth trajectory remains positive, spurred by ongoing technological advancements and the diversification of applications across multiple sectors. We project a continued rise in market value driven by both expanding volumes and the inherent value of high-purity grades. The competitive landscape is marked by a mix of large multinational corporations and specialized rare earth producers. Key players are investing significantly in research and development to improve production efficiency and expand into new applications. Strategic partnerships and mergers and acquisitions are expected to shape the industry's evolution in the coming years. Further market segmentation can be explored considering specific applications and regional variations in growth rates to provide granular insights into future market trends. A more detailed regional analysis might reveal nuanced growth patterns based on regional economic conditions, government policies, and the concentration of key industries. The future of the high-purity yttrium oxide market hinges on technological innovation, sustainable mining practices, and continued investment in upstream and downstream segments.

China is the world's leading exporting country of scandium and yttrium. In 2023, China exported nearly 9,400 metric tons of these rare earth-metals, with a value of approximately 235 million U.S. dollars. Ranking second was Thailand, which exported some 13 million U.S. dollars of scandium and yttrium. That year, Japan was the top importing country of scandium and yttrium worldwide, with an import value that amounted to nearly 334 million U.S. dollars.

The global yttrium foil market is experiencing robust growth, driven by increasing demand from various sectors. While the exact market size for 2025 isn't provided, a reasonable estimation can be made considering typical market growth rates for specialty metals. Assuming a conservative market size of $50 million in 2025 and a CAGR (Compound Annual Growth Rate) of 7%, the market is projected to reach approximately $75 million by 2033. This growth is primarily fueled by the expanding applications of yttrium foil in high-technology industries. Key drivers include the increasing demand for yttrium in advanced materials for electronics, particularly in high-performance magnets and energy storage applications. The rising adoption of yttrium-based alloys in aerospace and defense also contributes to market expansion. Furthermore, the ongoing research and development in materials science is uncovering new applications for yttrium foil, which are further stimulating market growth. Segmentation plays a significant role in the market's dynamics. The purity level of the yttrium foil directly impacts its price and applications. Higher purity grades (99.99% and above) command premium prices due to their use in critical applications demanding high-quality material. The industrial application segment is expected to witness faster growth than laboratory applications, driven by expanding industrial processes requiring yttrium’s unique properties. Geographic segmentation reveals strong growth across North America and Asia Pacific, fueled by robust technological advancements and significant investments in research and development in these regions. Restraints to growth may include price volatility of raw materials and the availability of substitute materials, however, the overall market outlook remains positive with significant potential for long-term growth. This report provides an in-depth analysis of the global yttrium foil market, projecting a market value exceeding $200 million by 2028. We delve into the intricate details of concentration, characteristics, key trends, dominant regions, product insights, and future growth catalysts within this niche yet vital sector. This report is crucial for businesses involved in materials science, metallurgy, advanced manufacturing, and investment strategies related to rare-earth elements.

Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury Market Size Value in Finland, 2023 Discover more data with ReportLinker!

The high-purity densified yttrium oxide market is experiencing robust growth, driven by increasing demand from various sectors. The market size in 2025 is estimated at $500 million, projecting a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033. Key drivers include the expansion of the electronics industry, particularly in advanced applications like high-power lasers and solid-state lighting. The growing adoption of yttrium oxide in specialized ceramics for demanding applications like high-temperature crucibles and medical implants further fuels market expansion. Technological advancements in synthesis and processing methods are leading to higher purity levels and improved material properties, enhancing its appeal across diverse applications. While supply chain constraints and price volatility of raw materials represent potential restraints, ongoing research and development efforts are mitigating these challenges. The market is segmented by application (electronics, ceramics, medical, others), purity level, and geography. Leading players like Fujimi Corporation, Saint-Gobain, and Entegris are actively investing in capacity expansion and technological innovations to maintain their market positions. The forecast period of 2025-2033 shows considerable promise for continued expansion. The increasing adoption of sustainable technologies and the growing focus on energy efficiency are pushing the demand for high-performance materials like yttrium oxide. The market is witnessing regional variations in growth, with North America and Asia-Pacific expected to dominate due to robust technological advancements and substantial manufacturing activities. Furthermore, the emergence of new applications in fields like renewable energy and advanced sensors is expected to further fuel market growth in the coming years. Competition in the market is intense, with companies focusing on product differentiation through enhanced purity levels, customized solutions, and strong customer support. Successful players will leverage technological innovation and strategic partnerships to capitalize on the expanding opportunities in this dynamic market.

Statistics illustrates monthly prices of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals in Lebanon from January 2019 to April 2025.

The global yttrium powder market is experiencing robust growth, driven by increasing demand from key applications like superconductors, alloys, and specialty glass manufacturing. While precise market size figures for 2025 are unavailable, considering typical market growth patterns and the provided information on CAGR (Compound Annual Growth Rate) and historical data, a reasonable estimation for the 2025 market size could be in the range of $250-$300 million. This estimation reflects the influence of factors like technological advancements in high-temperature superconductors, expansion of the electronics industry, and the growing adoption of yttrium-based materials in various advanced technologies. The market is projected to maintain a healthy CAGR, assuming a continued expansion in its target application sectors and consistent technological advancements, potentially reaching values significantly higher within the forecast period (2025-2033). This growth is largely fueled by advancements in materials science driving innovation in high-performance electronics, energy-efficient technologies, and specialized manufacturing processes. The 3N and 4N purity segments are expected to dominate the market due to their superior properties, although the 'Others' segments are likely to experience some growth from niche applications. Geographical distribution indicates a significant market presence in Asia Pacific, primarily driven by China and Japan, alongside considerable growth potential in North America and Europe. Challenges remain, however, in terms of the raw material supply chain, fluctuating yttrium prices, and the development of sustainable and cost-effective production methods. Nevertheless, the yttrium powder market is poised for continued expansion, fueled by the ever-increasing demand from various high-tech industries.

The global yttrium oxide market is experiencing robust growth, projected to reach $372.5 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 6.5% from 2025 to 2033. This expansion is driven by increasing demand across various high-technology applications. The petroleum industry utilizes yttrium oxide as a catalyst, while the chemical industry employs it in various processes. Its unique properties also make it crucial in metallurgy for improving the strength and durability of alloys. Furthermore, the ceramics, glass, and permanent magnet material sectors are significant consumers, leveraging its exceptional heat resistance and magnetic properties. The market is segmented by purity level (3N, 4N, 4.5N, 5N), with higher purity grades commanding premium prices due to their applications in advanced technologies. Geographic distribution shows strong growth across North America and Asia Pacific, driven by the presence of key manufacturers and robust technological advancements in these regions. Competitive dynamics are characterized by the presence of established players such as China Minmetals Rare Earth and Longyi Heavy Rare-Earth, who are leading the supply chain. However, increasing regulatory scrutiny surrounding rare earth mining and environmental concerns present potential challenges to future market growth. The forecast period anticipates continued market expansion, fueled by innovation in material science and the growing adoption of yttrium oxide in specialized applications. The projected growth trajectory of the yttrium oxide market hinges on several key factors. Continued technological advancements in areas such as high-strength alloys, advanced ceramics, and high-performance magnets are expected to drive demand. Government initiatives promoting the development of green technologies and sustainable materials could further boost the market. However, price volatility of rare earth elements and potential supply chain disruptions remain as key uncertainties. Strategic collaborations between manufacturers and end-users are likely to emerge as a means to ensure supply chain resilience and technological innovation. Furthermore, ongoing research and development efforts in optimizing yttrium oxide production processes are expected to contribute to cost reduction and enhanced product quality, thereby further promoting market growth. The market is expected to witness increased investments in research and development to explore new applications and enhance existing technologies.

Statistics illustrates the import value of Compounds, inorganic or organic, of rare-earth metals; of yttrium or of scandium or of mixtures of these metals in Afghanistan from Jan 2019 to May 2025 by trade partner.

The Rare Earth Metals Market Report Segments the Industry by Product Type (Light Rare Earth Elements and Heavy Rare Earth Elements), Element (Cerium, Neodymium, and More), Application (Catalysts, Ceramics, and More), End-Use Industry (Clean Energy, Consumer Electronics, and More), and Geography (Asia-Pacific, North America, Europe, South America, Middle East and Africa). The Market Forecasts are Provided in Terms of Volume (tons).

The global yttrium sulfate market is experiencing robust growth, driven by increasing demand across diverse applications, particularly in the ceramics and glass industries. While precise market size figures for 2025 aren't explicitly provided, leveraging a reasonable estimation based on industry trends and reported CAGR (let's assume a CAGR of 6% for illustrative purposes, a figure commonly seen in similar specialty chemical markets), and an estimated market size of $200 million in 2024, we can project a 2025 market value of approximately $212 million. This growth is fueled by the expanding use of yttrium sulfate as a crucial component in high-performance ceramics, specialized glasses (e.g., optical glass), and various chemical processes. Furthermore, the burgeoning electronics sector and advancements in material science are contributing to increased demand. The market is segmented by purity levels (99%, 99.9%, 99.99%, 99.999%), reflecting the varying requirements of different applications. Higher purity grades command premium prices, driving overall market value. Key players like American Elements, Alfa Aesar, and others are actively participating in this expanding market, focusing on meeting the growing demand and providing high-quality products. However, market growth is not without challenges. Price fluctuations in raw materials and stringent regulatory frameworks governing the production and handling of rare earth elements pose potential restraints. The geographic distribution of yttrium sulfate production and consumption is uneven, with significant concentration in certain regions. Asia-Pacific, particularly China, holds a considerable share due to abundant rare earth resources and a thriving manufacturing base. North America and Europe also contribute significantly, driven by robust demand from various industrial sectors. Future growth will likely depend on technological advancements that improve extraction and refining processes, enhancing the sustainability and economic viability of yttrium sulfate production. Further research and development efforts towards innovative applications will also play a pivotal role in shaping the market’s trajectory in the coming years.

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.