レアアース金属用浸出液市場 : 2027年までの世界予測

世界のレアアース金属用浸出液の市場規模は2022年は5億1,700万ドルが見込まれ、予測期間に年平均成長率（CAGR）7.7％で成長し、2027年までには7億4,900万ドルになると予測されています。

MarketsandMarkets（マーケッツアンドマーケッツ）「レアアース金属用浸出液市場 : 種類 (塩酸、硫酸、硝酸、硫酸アンモニウム、クエン酸)、 地域 (北米、ヨーロッパ、アジア太平洋、中東＆アフリカ、南米) – 2027年までの世界予測 – Rare Earth Metals Leaching Chemicals Market by Type (Hydrochloric Acid, Sulfuric Acid, Nitric Acid, Ammonium Sulfate, Citric Acid), and Region (North America, Europe, Asia Pacific, Middle East and Africa, South America) – Global Forecast to 2027」は世界のレアアース金属（希土類金属／レアアースメタル）用浸出液市場を調査し、主要セグメント毎に分析・予測を行っています。

Report Overview

The global rare earth metals leaching chemicals market is projected to grow from USD 517 Million in 2022 to USD 749 Million by 2027, at a CAGR of 7.7% during the forecast period. Rare earth metals leaching chemicals market is all about the leaching process which is performed to recover rare earth metals from sources. In the leaching process, strong leaching agents that are required to separate and recover rare earth metals from their sources are known as rare earth metals leaching chemicals. These leaching chemicals are classified based on types such as hydrochloric acid, sulfuric acid, nitric acid, ammonium sulfate, citric acid, and others. The rising demand for rare earth metals in end-use industries such as automotive and clean energy and the growing chemical market in Asia Pacific will drive the growth of rare earth metals leaching chemicals in the forecast period..

The development of cutting-edge rare earth metals leaching chemicals technologies seeks to boost both the economic and environmental performance of the mining industry. The reliability and affordability of water resources and energy supply may be impacted by climate change. For example, rising temperatures will make it more difficult for activities that depend on water in particular mine locations. This would make site rehabilitation challenging and put mining firms in direct conflict with the local communities for these water resources. The mining industry will be more likely to be subject to energy and greenhouse gas emission laws due to its high energy consumption and global product trade.

“By type, Hydrochloric acid anticipated in order to record high ranking CAGR of 8.3% during the forecast period 2022-2027”

Hydrochloric acid (HCI) is a powerful mineral acid that is utilised in the extraction of rare earth elements (REES) from various minerals as a leaching agent. The chemical bonds that exist between rare earth elements and mineral ores such as basanite and monazite are effectively dissolved by hydrochloric acid. For example, the leaching of rare earth metals from bastnaesite with HCL is accomplished by first extracting the REE carbonate with a mild HCl solution, which is then reacted with NaOH at 96 °C to convert the REE fluorides to hydroxides, which are then dissolved by leaching with HCL to produce rare earth metals. Alternative procedures exist that skip the initial leaching stage and instead treat the bastnaesite with alkaline before leaching with HCL.
In the process of in-situ leaching, hydrochloric acid is also utilised. The method of obtaining minerals by dissolving them in place and pumping the solution to the surface for recovery is known as in-situ leaching. The advantages of in-situ leaching method include high resource recovery and versatility. Because of its availability, as well as its extremely acidic and cost-effective qualities, hydrochloric acid is increasingly being used in numerous rare earth element leaching processes.

“Asia Pacific region is predicted as the largest-growing region in the rare earth metals leaching chemicals market”

In terms of value, the market in Asia Pacific is estimated to grow at the highest CAGR of 7.9% between 2022 and 2027, to reach USD 586.4 million by 2027. In terms of value, the China was the largest market for rare earth metals leaching chemicals in Asia Pacific in 2021. The market in the Chaina is estimated to grow at a CAGR of 8.4% between 2022 and 2027, in terms of value.
During the forecast period, Asia Pacific is expected to dominate the global rare earth metals leaching chemicals market. Because of the growth of sustainable practises in countries such as Chaina, Australia, India, Malaysia and the rest of Asia Pacific, the region has emerged as the largest consumer and promoter of rare earth metals leaching chemicals practises. The desire to protect the environment through better technology is expected to drive the rare earth metals leaching chemicals market in this region.

Extensive primary interviews were conducted to determine and verify the market size for several segments and sub-segments and information gathered through secondary research.

The break-up of primary interviews is given below:
By Company type: Sales/Export/Marketing:45%  Production:40%  CXOs:15%
By Designation: Managers: 40%  CXOs: 30%  Executives: 30%
By region: North America: 10%,Europe: 5%, Asia Pacific: 70%, Middle East & Africa: 10%, South America: 5%
Notes: Others include sales, marketing, and product managers.
Tier 1: >USD 1 Billion; Tier 2: USD 500 million–1 Billion; and Tier 3: <USD 500 million

The companies profiled in this market research report include are BASF SE (Germany), OxyChem (US), Olin Corporation (US), Aurubis (Germany), Solvay S. A. (Belgium), UBE Corporation (Japan), LANXESS AG (Germany), Westlake Chemical Partners (US), Gujarat Alkalies and Chemical Limited (GACL) (India), Gujarat State Fertilizers & Chemicals Limited (GSFC) (India), among others.

Research Coverage:
This research report categorizes the rare earth metals leaching chemicals market on the basis of type and region. The report includes detailed information regarding the major factors influencing the growth of the rare earth metals leaching chemicals market, such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into business overviews, products & services, key strategies, expansions, new product developments, and recent developments associated with the market.

Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market share the closest approximations of the revenue numbers of the overall rare earth metals leaching chemicals market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses, and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.

The report provides insights on the following pointers:
• Analysis of key drivers, restraints, opportunities and challenges influencing the growth of the rare earth metals leaching chemicals market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the rare earth metals leaching chemicals s market
• Market Development: Comprehensive information about lucrative markets – the report analyses the rare earth metals leaching chemicals market across varied regions along with recession impact
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the rare earth metals leaching chemicals market
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like BASF SE (Germany), OxyChem (US), Olin Corporation (US), Aurubis (Germany), Solvay S. A. (Belgium), UBE Corporation (Japan), LANXESS AG (Germany), Westlake Chemical Partners (US), Gujarat Alkalies and Chemical Limited (GACL) (India), Gujarat State Fertilizers & Chemicals Limited (GSFC) (India), and other in the rare earth metals leaching chemicals market. 

Table of Contents

1            INTRODUCTION            25

1.1         STUDY OBJECTIVES      25

1.2         MARKET DEFINITION   25

1.3         RARE EARTH METALS LEACHING CHEMICALS MARKET: INCLUSIONS AND EXCLUSIONS         26

1.4         STUDY SCOPE  26

1.4.1      RARE EARTH METALS LEACHING CHEMICALS MARKET SEGMENTATION           26

1.4.2      REGIONAL SCOPE         27

1.4.3      YEARS CONSIDERED     27

1.5         CURRENCY CONSIDERED          28

1.6         UNITS CONSIDERED     28

1.7         LIMITATIONS   28

1.8         STAKEHOLDERS            28

2            RESEARCH METHODOLOGY     29

2.1         RESEARCH DATA           29

FIGURE 1           RARE EARTH METALS LEACHING CHEMICALS MARKET: RESEARCH DESIGN       29

2.1.1      SECONDARY DATA       30

2.1.1.1   Key data from secondary sources     30

2.1.2      PRIMARY DATA 30

2.1.2.1   Key data from primary sources         31

2.1.2.2   Key industry insights          31

2.1.2.3   Breakdown of primary interviews     32

FIGURE 2           BREAKDOWN OF PRIMARY INTERVIEWS            32

2.2         MARKET SIZE ESTIMATION       33

2.2.1      MARKET SIZE ESTIMATION BASED ON GLOBAL RARE EARTH METAL PRODUCTION  33

FIGURE 3           MARKET SIZE ESTIMATION BASED ON RARE EARTH METAL PRODUCTION  33

2.3         DATA TRIANGULATION             34

FIGURE 4           RARE EARTH METALS LEACHING CHEMICALS MARKET: DATA TRIANGULATION          34

2.4         ASSUMPTIONS 35

2.4.1      LIMITATIONS   35

2.4.2      GROWTH RATE ASSUMPTIONS 35

2.4.3      RECESSION IMPACT      35

TABLE 1             GDP GROWTH RATE OF REGIONS          36

3            EXECUTIVE SUMMARY 37

FIGURE 5           HYDROCHLORIC ACID ACCOUNTED FOR LARGEST MARKET SIZE IN 2021      37

FIGURE 6           ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD              38

4            PREMIUM INSIGHTS      39

4.1         ASIA PACIFIC TO WITNESS HIGHER GROWTH RATE DUE TO GROWING MINING INDUSTRY        39

FIGURE 7           INCREASING DEMAND FOR RARE EARTH METALS ACROSS SEVERAL INDUSTRIES TO DRIVE MARKET         39

4.2         RARE EARTH METALS LEACHING CHEMICALS MARKET, BY REGION AND TYPE         40

FIGURE 8           ASIA PACIFIC AND HYDROCHLORIC ACID LED RESPECTIVE MARKET SEGMENTS IN 2021      40

4.3         RARE EARTH METALS LEACHING CHEMICALS MARKET, BY COUNTRY              41

FIGURE 9           RARE EARTH METALS LEACHING CHEMICALS MARKET IN CHINA PROJECTED TO REGISTER HIGHEST CAGR FROM 2022 TO 2027  41

5            MARKET OVERVIEW     42

5.1         INTRODUCTION            42

5.2         MARKET DYNAMICS     42

FIGURE 10         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: RARE EARTH METALS LEACHING CHEMICALS MARKET 42

5.2.1      DRIVERS            43

5.2.1.1   Rising demand for electric vehicles  43

TABLE 2             GLOBAL ELECTRIC VEHICLE (BEV AND PHEV) SALES, 2019–2021      43

5.2.1.2   Discovery of new rare earth deposits 43

5.2.1.3   Increasing incentives by governments for renewable energy systems        44

5.2.2      RESTRAINTS     44

5.2.2.1   Environmental impact of leaching chemicals for rare earth metals            44

5.2.2.2   Government regulations on rare earth metals mining   45

5.2.3      OPPORTUNITIES           45

5.2.3.1   Green solvent usage in rare earth metal mining            45

5.2.3.2   Rare earth metals recovery from secondary sources      45

5.2.4      CHALLENGES   46

5.2.4.1   Safety of workers in rare earth elements mining           46

5.3         PORTER’S FIVE FORCES ANALYSIS         47

FIGURE 11         RARE EARTH METALS LEACHING CHEMICALS MARKET: PORTER’S FIVE FORCES ANALYSIS         47

5.3.1      BARGAINING POWER OF SUPPLIERS     47

5.3.2      BARGAINING POWER OF BUYERS           48

5.3.3      INTENSITY OF COMPETITIVE RIVALRY 48

5.3.4      THREAT OF NEW ENTRANTS    48

5.3.5      THREAT OF SUBSTITUTES         48

TABLE 3             RARE EARTH METALS LEACHING CHEMICALS MARKET: PORTER’S FIVE FORCES ANALYSIS         49

5.4         TARIFF AND REGULATORY LANDSCAPE            49

5.4.1      NORTH AMERICAN REGULATORY INFORMATION         51

5.4.2      EUROPEAN REGULATORY INFORMATION         52

5.4.3      ASIA PACIFIC REGULATORY INFORMATION      52

5.4.4      NORTH AMERICA REGULATORY INFORMATION            52

5.4.5      EUROPEAN REGULATORY INFORMATION         53

5.4.6      ASIA PACIFIC REGULATORY INFORMATION      53

5.4.7      NORTH AMERICA REGULATORY INFORMATION            53

5.4.8      EUROPEAN REGULATORY INFORMATION         54

5.4.9      ASIA PACIFIC REGULATORY INFORMATION      54

5.5         TECHNOLOGY ANALYSIS           54

5.6         AVERAGE SELLING PRICE TREND          55

5.6.1      HYDROCHLORIC ACID AND SULFURIC ACID PRICE TREND FOR 2022              55

5.6.1.1   Asia Pacific          55

5.6.1.2   Europe  55

5.6.1.3   North America     55

5.7         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 56

FIGURE 12         GROWING DEMAND FOR RARE EARTH METALS IN END-USE INDUSTRIES TO BRING IN CHANGE IN FUTURE REVENUE MIX  56

5.8         KEY STAKEHOLDERS AND BUYING CRITERIA    57

5.8.1      KEY STAKEHOLDERS IN BUYING PROCESS         57

FIGURE 13         INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS   57

TABLE 4             INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS OF RARE EARTH METALS LEACHING CHEMICALS FOR MINING INDUSTRY (%)    57

5.8.2      BUYING CRITERIA         58

FIGURE 14         KEY BUYING CRITERIA OF RARE EARTH METALS LEACHING CHEMICALS FOR MINING INDUSTRY     58

TABLE 5             KEY BUYING CRITERIA FOR LEACHING CHEMICALS FOR MINING INDUSTRY        58

5.9         KEY CONFERENCES AND EVENTS IN 2022–2023 59

TABLE 6             RARE EARTH METALS LEACHING CHEMICALS MARKET: DETAILED LIST OF CONFERENCES AND EVENTS IN 2023            59

5.10       MACROECONOMIC OVERVIEW 60

5.10.1    GLOBAL GDP OUTLOOK           60

TABLE 7             WORLD GDP GROWTH PROJECTION, 2019–2026 (USD BILLION)              60

5.11       TRADE ANALYSIS          61

TABLE 8             HYDROCHLORIC ACID EXPORTS, VALUE (BY COUNTRY), 2021              61

TABLE 9             HYDROCHLORIC ACID IMPORTS, VALUE (BY COUNTRY), 2021              62

TABLE 10           SULFURIC ACID EXPORTS, VALUE (BY COUNTRY), 2021 62

TABLE 11           SULFURIC ACID IMPORTS, VALUE (BY COUNTRY), 2021 63

TABLE 12           NITRIC ACID EXPORTS, VALUE (BY COUNTRY), 2021     64

TABLE 13           NITRIC ACID IMPORTS, VALUE (BY COUNTRY), 2021     64

TABLE 14           AMMONIUM SULFATE EXPORTS, VALUE (BY COUNTRY), 2021              65

TABLE 15           AMMONIUM SULFATE IMPORTS, VALUE (BY COUNTRY), 2021              66

5.11.1    ECOSYSTEM     66

FIGURE 15         LEACHING CHEMICALS FOR RARE EARTH METALS ECOSYSTEM     66

5.12       VALUE CHAIN ANALYSIS            67

5.13       PATENT ANALYSIS        68

5.13.1    INTRODUCTION            68

5.13.2    METHODOLOGY           68

5.13.3    DOCUMENT TYPE (2018–2022)  68

FIGURE 16         DOCUMENT TYPE FOR HYDROCHLORIC ACID (2018–2022)              68

FIGURE 17         PUBLICATION TRENDS FOR HYDROCHLORIC ACID, 2018–2022              69

5.13.4    INSIGHTS FOR HYDROCHLORIC ACID  69

FIGURE 18         JURISDICTION ANALYSIS FOR HYDROCHLORIC ACID (2018–2022)    69

5.13.5    TOP APPLICANTS FOR HYDROCHLORIC ACID  69

FIGURE 19         TOP APPLICANTS FOR HYDROCHLORIC ACID, BY NUMBER OF PATENTS (TILL 2022)    70

TABLE 16           LIST OF PATENTS FOR HYDROCHLORIC ACID  70

5.13.6    DOCUMENT TYPE FOR CITRIC ACID (2018–2022)            71

FIGURE 20         DOCUMENT TYPE FOR CITRIC ACID, (2018–2022)           71

FIGURE 21         PUBLICATION TRENDS FOR CITRIC ACID, 2018–2022     71

5.13.7    INSIGHTS FOR CITRIC ACID      72

FIGURE 22         JURISDICTION ANALYSIS FOR CITRIC ACID (2018–2022) 72

5.13.8    TOP APPLICANTS FOR CITRIC ACID      72

FIGURE 23         TOP APPLICANTS FOR CITRIC ACID, BY NUMBER OF PATENTS (TILL 2022)        72

TABLE 17           LIST OF PATENTS FOR CITRIC ACID      73

5.13.9    DOCUMENT TYPE FOR NITRIC ACID (2018–2022)            74

FIGURE 24         DOCUMENT TYPE FOR NITRIC ACID (2018–2022)            74

FIGURE 25         PUBLICATION TRENDS FOR NITRIC ACID, 2018–2022     74

5.13.10  INSIGHTS FOR NITRIC ACID      75

FIGURE 26         JURISDICTION ANALYSIS FOR NITRIC ACID (2018–2022) 75

5.13.11  TOP APPLICANTS FOR NITRIC ACID      75

FIGURE 27         TOP APPLICANTS FOR NITRIC ACID, BY NUMBER OF PATENTS (TILL 2022)        75

TABLE 18           LIST OF PATENTS FOR NITRIC ACID      76

5.13.12  DOCUMENT TYPE FOR SULFURIC ACID (2018–2022)      77

FIGURE 28         DOCUMENT TYPE FOR SULFURIC ACID (2018–2022)      77

FIGURE 29         PUBLICATION TRENDS FOR SULFURIC ACID, 2018–2022 77

5.13.13  INSIGHTS FOR SULFURIC ACID 78

FIGURE 30         JURISDICTION ANALYSIS FOR SULFURIC ACID (2018–2022)              78

5.13.14  TOP APPLICANTS FOR SULFURIC ACID 78

FIGURE 31         TOP APPLICANTS FOR SULFURIC ACID, BY NUMBER OF PATENTS (TILL 2022)    78

TABLE 19           LIST OF PATENTS FOR SULFURIC ACID 79

5.13.15  DOCUMENT TYPE FOR ALUMINUM SULFATE (2018–2022)          80

FIGURE 32         DOCUMENT TYPE FOR ALUMINUM SULFATE (2018–2022)              80

FIGURE 33         PUBLICATION TRENDS FOR ALUMINUM SULFATE, 2018–2022              80

5.13.16  INSIGHTS FOR ALUMINUM SULFATE    81

FIGURE 34         JURISDICTION ANALYSIS FOR ALUMINUM SULFATE (2018–2022)    81

5.13.17  TOP APPLICANTS FOR ALUMINUM SULFATE    81

FIGURE 35         TOP APPLICANTS FOR ALUMINUM SULFATE, BY NUMBER OF PATENTS (TILL 2022)    81

TABLE 20           LIST OF PATENTS FOR ALUMINUM SULFATE    82

5.14       ADJACENT MARKETS    83

5.14.1    GLOBAL RARE EARTH METALS MARKET            83

5.14.2    GLOBAL HYDROCHLORIC ACID MARKET          83

5.15       CASE ANALYSIS 84

5.15.1    GREEN SOLVENTS FOR PRODUCTION OF RARE EARTH METALS TO REDUCE USAGE OF HARMFUL CHEMICALS       84

6            RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE              85

6.1         INTRODUCTION            86

FIGURE 36         RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2022–2027 (USD MILLION)             86

TABLE 21           RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD MILLION)             87

TABLE 22           RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (KILOTON)      87

6.2         HYDROCHLORIC ACID 87

6.2.1      HIGH EFFICIENCY TO INCREASE HYDROCHLORIC ACID DEMAND FOR LEACHING OF RARE EARTH ELEMENTS 87

TABLE 23           HYDROCHLORIC ACID: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY REGION, 2020–2027 (USD MILLION)    88

TABLE 24           HYDROCHLORIC ACID: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY REGION, 2020–2027 (KILOTON)           88

6.3         SULFURIC ACID              88

6.3.1      INCREASED DEMAND FOR LEACHING OF RARE EARTH ELEMENTS FROM SEVERAL MINERAL ORES TO DRIVE SEGMENT    88

TABLE 25           SULFURIC ACID: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY REGION, 2020–2027 (USD MILLION)            89

TABLE 26           SULFURIC ACID: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY REGION, 2020–2027 (KILOTON)      89

6.4         AMMONIUM SULFATE  89

6.4.1      INCREASING USE IN SEVERAL LEACHING TECHNOLOGIES TO DRIVE DEMAND           89

TABLE 27           AMMONIUM SULFATE: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY REGION, 2020–2027 (USD MILLION)    90

TABLE 28           AMMONIUM SULFATE: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY REGION, 2020–2027 (KILOTON)           90

6.5         NITRIC ACID     91

6.5.1      RISING USAGE IN COMBINATION WITH OTHER ACIDS, SUCH AS HYDROCHLORIC ACID AND SULFURIC ACID, TO DRIVE DEMAND          91

TABLE 29           NITRIC ACID: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY REGION, 2020–2027 (USD MILLION)            91

TABLE 30           NITRIC ACID: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY REGION, 2020–2027 (KILOTON)      91

6.6         CITRIC ACID     92

6.6.1      AFFORDABILITY, ACCESSIBILITY, AND NON-TOXICITY TO DRIVE DEMAND           92

TABLE 31           CITRIC ACID: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY REGION, 2020–2027 (USD MILLION)            92

TABLE 32           CITRIC ACID: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY REGION, 2020–2027 (KILOTON)      93

6.7         OTHERS             93

TABLE 33           OTHERS: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY REGION, 2020–2027 (USD MILLION)            94

TABLE 34           OTHERS: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY REGION, 2020–2027 (KILOTON)      94

7            RARE EARTH METALS LEACHING CHEMICALS MARKET, BY REGION              95

7.1         INTRODUCTION            96

FIGURE 37         CHINA TO RECORD HIGHEST GROWTH RATE DURING FORECAST PERIOD       97

TABLE 35           RARE EARTH METALS LEACHING CHEMICALS MARKET, BY REGION, 2020–2027 (USD MILLION)       97

TABLE 36           RARE EARTH METALS LEACHING CHEMICALS MARKET, BY REGION, 2020–2027 (KILOTON) 98

7.2         ASIA PACIFIC    98

FIGURE 38         ASIA PACIFIC: RARE EARTH METALS LEACHING CHEMICALS MARKET SNAPSHOT     99

TABLE 37           ASIA PACIFIC: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)         100

TABLE 38           ASIA PACIFIC: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY COUNTRY, 2020–2027 (KILOTON)  100

TABLE 39           ASIA PACIFIC: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD MILLION)    100

TABLE 40           ASIA PACIFIC: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (KILOTON)           101

7.2.1      CHINA  101

7.2.1.1   Lack of environmental regulations and cheap labor and resources to drive market              101

TABLE 41          CHINA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD MILLION)       102

TABLE 42          CHINA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (KILOTON) 103

7.2.2      AUSTRALIA       103

7.2.2.1   Increasing government investment in mineral and mining industries to drive market   103

TABLE 43           AUSTRALIA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD MILLION)    104

TABLE 44           AUSTRALIA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (KILOTON)           104

7.2.3      INDIA   105

7.2.3.1   Favorable government policies for rare earth elements industry to drive market              105

TABLE 45           INDIA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD MILLION)       105

TABLE 46           INDIA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (KILOTON) 106

7.2.4      MALAYSIA         106

7.2.4.1   Rising investments in rare earth elements industry to drive market          106

TABLE 47           MALAYSIA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD MILLION)    107

TABLE 48           MALAYSIA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (KILOTON)           107

7.2.5      THAILAND        108

7.2.5.1   Rising awareness regarding technologies to produce rare earth metals from waste to drive market    108

TABLE 49           THAILAND: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD MILLION)    108

TABLE 50           THAILAND: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (KILOTON)           109

7.2.6      REST OF ASIA PACIFIC  109

TABLE 51           REST OF ASIA PACIFIC: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD MILLION)         110

TABLE 52           REST OF ASIA PACIFIC: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (KILOTON)  110

7.3         NORTH AMERICA          110

7.3.1      NORTH AMERICA: RECESSION IMPACT 111

FIGURE 39         NORTH AMERICA: RARE EARTH METALS LEACHING CHEMICALS MARKET SNAPSHOT           111

TABLE 53           NORTH AMERICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 112

TABLE 54           NORTH AMERICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY COUNTRY, 2020–2027 (KILOTON)        112

TABLE 55           NORTH AMERICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD MILLION)         112

TABLE 56           NORTH AMERICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (KILOTON)  113

7.3.2      US         113

7.3.2.1   Presence of leading manufacturers of rare earth metals leaching chemicals to drive market   113

TABLE 57           US: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD MILLION)             114

TABLE 58           US: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (KILOTON)      114

7.3.3      CANADA            115

7.3.3.1   Need for clean energy applications to drive market      115

TABLE 59           CANADA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD MILLION)    115

TABLE 60           CANADA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (KILOTON)           116

7.3.4      MEXICO             116

7.3.4.1   Growth in green technology and consumer electronics sectors to drive demand for rare earth metals  116

TABLE 61           MEXICO: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD MILLION)    117

TABLE 62           MEXICO: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (KILOTON)           117

7.4         EUROPE             118

7.4.1      EUROPE: RECESSION IMPACT   118

TABLE 63           EUROPE: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY COUNTRY, 2020–2027 (USD THOUSAND)   118

TABLE 64           EUROPE: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY COUNTRY, 2020–2027 (TON)           119

TABLE 65           EUROPE: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD THOUSAND)            119

TABLE 66           EUROPE: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (TON)      119

7.4.2      GERMANY         120

7.4.2.1   Presence of leading manufacturers of rare earth metals leaching chemicals to drive market   120

TABLE 67           GERMANY: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD THOUSAND)            120

TABLE 68           GERMANY: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (TON)      121

7.4.3      UK         121

7.4.3.1   Rising domestic production of rare earth metals to drive market 121

TABLE 69           UK: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD THOUSAND)       121

TABLE 70           UK: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (TON) 122

7.4.4      FRANCE             122

7.4.4.1   Increased demand for rare earth metals in nuclear power and automotive sectors              122

TABLE 71           FRANCE: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD THOUSAND)            122

TABLE 72           FRANCE: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (TON)      123

7.4.5      RUSSIA 123

7.4.5.1   Rising automotive sector to boost demand     123

TABLE 73           RUSSIA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD THOUSAND)            124

TABLE 74           RUSSIA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (TON)      124

7.4.6      SPAIN   124

7.4.6.1   Rising government policies to boost rare earth metals production            124

TABLE 75           SPAIN: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD THOUSAND)  125

TABLE 76           SPAIN: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (TON)         125

7.4.7      REST OF EUROPE           125

TABLE 77           REST OF EUROPE: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD THOUSAND)    126

TABLE 78           REST OF EUROPE: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (TON)            126

7.5         MIDDLE EAST & AFRICA             127

7.5.1      MIDDLE EAST & AFRICA: RECESSION IMPACT   127

TABLE 79           MIDDLE EAST & AFRICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY COUNTRY, 2020–2027 (USD THOUSAND)         127

TABLE 80           MIDDLE EAST & AFRICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY COUNTRY, 2020–2027 (TON)   128

TABLE 81           MIDDLE EAST & AFRICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD THOUSAND)    128

TABLE 82           MIDDLE EAST & AFRICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (TON)            128

7.5.2      SOUTH AFRICA 129

7.5.2.1   Presence of leading manufacturers of rare earth metals to drive market    129

TABLE 83           SOUTH AFRICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD THOUSAND)            129

TABLE 84           SOUTH AFRICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (TON)      130

7.5.3      MADAGASCAR 130

7.5.3.1   Rising investment in rare earth metals production to drive market           130

TABLE 85           MADAGASCAR: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD THOUSAND)            131

TABLE 86           MADAGASCAR: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (TON)      131

7.5.4      SAUDI ARABIA  131

7.5.4.1   Rising demand for green technologies and consumer electronics to drive market              131

TABLE 87           SAUDI ARABIA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD THOUSAND)            132

TABLE 88           SAUDI ARABIA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (TON)      132

7.5.5      REST OF MIDDLE EAST & AFRICA           133

TABLE 89           REST OF MIDDLE EAST & AFRICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD THOUSAND)              133

TABLE 90           REST OF MIDDLE EAST & AFRICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (TON)     133

7.6         SOUTH AMERICA           134

7.6.1      SOUTH AMERICA: RECESSION IMPACT 134

TABLE 91           SOUTH AMERICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY COUNTRY, 2020–2027 (USD THOUSAND)         135

TABLE 92           SOUTH AMERICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY COUNTRY, 2020–2027 (TON)   135

TABLE 93           SOUTH AMERICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD THOUSAND)    135

TABLE 94           SOUTH AMERICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (TON)            136

7.6.2      BRAZIL 136

7.6.2.1   Rising automotive sector to boost demand     136

TABLE 95           BRAZIL: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD THOUSAND)            137

TABLE 96           BRAZIL: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (TON)      137

7.6.3      ARGENTINA      137

7.6.3.1   Rising technological development to drive rare earth metals production   137

TABLE 97           ARGENTINA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD THOUSAND)            138

TABLE 98           ARGENTINA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (TON)      138

7.6.4      REST OF SOUTH AMERICA         139

TABLE 99           REST OF SOUTH AMERICA: RARE EARTH METALS LEACHING CHEMICALS MARKET, BY TYPE, 2020–2027 (USD THOUSAND)    139

TABLE 100         REST OF SOUTH AMERICA: RARE EARTH METALS LEACHING CHEMICALS MARKET BY TYPE, 2020–2027 (TON)            139

8            COMPETITIVE LANDSCAPE       140

8.1         INTRODUCTION            140

TABLE 101         EXPANSION STRATEGY WIDELY ADOPTED BY MARKET PLAYERS BETWEEN 2018 AND 2021        140

8.2         KEY PLAYER STRATEGIES          141

TABLE 102         STRATEGIC POSITIONING OF KEY PLAYERS      141

8.3         COMPANY EVALUATION QUADRANT   142

8.3.1      STARS  142

8.3.2      PERVASIVE PLAYERS     142

8.3.3      PARTICIPANTS 142

8.3.4      EMERGING LEADERS    142

FIGURE 40         RARE EARTH METALS LEACHING CHEMICALS MARKET: COMPANY EVALUATION MATRIX, 2021 143

8.4         START-UPS AND SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION QUADRANT         144

8.4.1      RESPONSIVE COMPANIES          144

8.4.2      DYNAMIC COMPANIES 144

8.4.3      STARTING BLOCKS       144

8.4.4      PROGRESSIVE COMPANIES       144

FIGURE 41         START-UPS AND SMES EVALUATION MATRIX, 2021       145

8.5         REVENUE ANALYSIS OF TOP PLAYERS  146

FIGURE 42         REVENUE ANALYSIS OF KEY COMPANIES, 2017–2021      146

8.6         COMPETITIVE BENCHMARKING            147

TABLE 103         RARE EARTH METALS LEACHING CHEMICALS MARKET: DETAILED LIST OF KEY START-UPS/SMES         147

TABLE 104         RARE EARTH METALS LEACHING CHEMICALS MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS         147

8.7         COMPETITIVE SCENARIOS AND TRENDS           148

8.7.1      DEALS  148

TABLE 105        RARE EARTH METALS LEACHING CHEMICALS MARKET: DEALS, 2018–2022          148

8.7.2      OTHER DEVELOPMENTS           149

TABLE 106         RARE EARTH METALS LEACHING CHEMICALS MARKET: EXPANSIONS, 2018–2022 149

9            COMPANY PROFILES    154

9.1         KEY PLAYERS   154

(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*

9.1.1      BASF SE              154

TABLE 107         BASF SE: BUSINESS OVERVIEW 154

FIGURE 43         BASF SE: COMPANY SNAPSHOT 155

TABLE 108         BASF SE: OTHERS           156

9.1.2      OXYCHEM         158

TABLE 109         OXYCHEM: BUSINESS OVERVIEW           158

FIGURE 44         OXYCHEM: COMPANY SNAPSHOT         159

TABLE 110         OXYCHEM: OTHERS      160

9.1.3      OLIN CORPORATION    162

TABLE 111         OLIN CORPORATION: BUSINESS OVERVIEW      162

FIGURE 45         OLIN CORPORATION: COMPANY SNAPSHOT    163

TABLE 112         OLIN CORPORATION: DEALS    164

TABLE 113         OLIN CORPORATION: OTHERS 164

9.1.4      AURUBIS            166

TABLE 114         AURUBIS.: BUSINESS OVERVIEW             166

FIGURE 46         AURUBIS: COMPANY SNAPSHOT            167

TABLE 115         AURUBIS: DEALS            168

TABLE 116         AURUBIS: OTHERS         168

9.1.5      SOLVAY S.A.      170

TABLE 117         SOLVAY S.A.: COMPANY OVERVIEW      170

FIGURE 47         SOLVAY S.A.: COMPANY SNAPSHOT      171

9.1.6      UBE CORPORATION      173

TABLE 118         UBE CORPORATION: BUSINESS OVERVIEW        173

FIGURE 48         UBE CORPORATION: COMPANY SNAPSHOT      174

TABLE 119         UBE CORPORATION: DEALS      175

TABLE 120         UBE CORPORATION: OTHERS   175

9.1.7      LANXESS AG     177

TABLE 121         LANXESS AG: BUSINESS OVERVIEW       177

FIGURE 49         LANXESS AG: COMPANY SNAPSHOT      178

TABLE 122         LANXESS AG: DEALS     179

TABLE 123         LANXESS AG: OTHERS  179

9.1.8      WESTLAKE CHEMICAL PARTNERS         181

TABLE 124         WESTLAKE CHEMICAL PARTNERS: BUSINESS OVERVIEW              181

FIGURE 50         WESTLAKE CHEMICAL PARTNERS: COMPANY SNAPSHOT              182

9.1.9      GUJARAT STATE FERTILIZERS & CHEMICALS LIMITED 183

TABLE 125         GUJARAT STATE FERTILIZERS & CHEMICALS LIMITED: BUSINESS OVERVIEW    183

FIGURE 51         GUJARAT STATE FERTILIZERS & CHEMICALS LIMITED: COMPANY SNAPSHOT  183

9.1.10    GUJARAT ALKALIES & CHEMICALS LTD.             185

TABLE 126         GUJARAT ALKALIES & CHEMICALS LTD.: BUSINESS OVERVIEW              185

FIGURE 52         GUJARAT ALKALIES & CHEMICALS LTD.: COMPANY SNAPSHOT        186

TABLE 127         GUJARAT ALKALIES & CHEMICALS LTD.: OTHERS          187

*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.

9.2         OTHER PLAYERS           188

9.2.1      LANGYI CHEM  188

TABLE 128         LANGYI CHEM: COMPANY OVERVIEW  188

9.2.2      INEOS GROUP AG          189

TABLE 129         INEOS GROUP AG: COMPANY OVERVIEW          189

9.2.3      ERCO WORLDWIDE       190

TABLE 130         ERCO WORLDWIDE: COMPANY OVERVIEW       190

9.2.4      SASOL  191

TABLE 131         SASOL: COMPANY OVERVIEW   191

9.2.5      GRUPA AZOTY SA          192

TABLE 132         GRUPA AZOTY SA: COMPANY OVERVIEW          192

9.2.6      TRONOX HOLDINGS PLC           193

TABLE 133         TRONOX HOLDINGS PLC: COMPANY OVERVIEW           193

9.2.7      ARKEMA SA       194

TABLE 134         ARKEMA SA: COMPANY OVERVIEW       194

9.2.8      LSB INDUSTRIES            195

TABLE 135         LSB INDUSTRIES: COMPANY OVERVIEW             195

9.2.9      QATAR ACIDS COMPANY           195

TABLE 136         QATAR ACIDS COMPANY: COMPANY OVERVIEW            195

9.2.10    WEYLCHEM GROUP OF COMPANIES     196

TABLE 137         WEYLCHEM GROUP OF COMPANIES: COMPANY OVERVIEW              196

9.2.11    SUMITOMO CHEMICAL CO., LTD.          197

TABLE 138         SUMITOMO CHEMICAL CO., LTD.: COMPANY OVERVIEW              197

9.2.12    TKG HUCHEMS CO., LTD.          198

TABLE 139         TKG HUCHEMS CO., LTD.: COMPANY OVERVIEW           198

9.2.13    DOMO CHEMICALS       198

TABLE 140         DOMO CHEMICALS: COMPANY OVERVIEW        198

9.2.14    CF INDUSTRIES HOLDINGS, INC.            199

TABLE 141         CF INDUSTRIES HOLDINGS, INC.: COMPANY OVERVIEW              199

9.2.15    JONES-HAMILTON CO. 199

TABLE 142         JONES-HAMILTON CO.: COMPANY OVERVIEW  199

10          APPENDIX         200

10.1       DISCUSSION GUIDE      200

10.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             203

10.3       CUSTOMIZATION OPTIONS      205

10.4       RELATED REPORTS       205

10.5       AUTHOR DETAILS         206